Author: Jordan

Oslo, 24 April 2026: Reference is made to the stock exchange announcementpublished on 9 February 2026, regarding the general meeting’s approval of themerger plan for the statutory merger with KMC Properties ASA, reg. no. 990 727007, as the surviving legal entity (the “Company”, and the transaction, the”Merger”). The Merger was completed today, on 24 April 2026.As part of the Merger, the Company has assumed all assets, rights andobligations of the transferor. Accordingly, and with effect from today, 24 April2026, the Company has assumed the position as debtor under the following bondspreviously issued by the transferor:ISIN: NO0012514324, Ticker: BINT01, Name: BEWI…

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Philippines and Brazil: innovative initiatives in the two countries are highlighted in the paper I Credit: Global Government Finance screenshot of IMF paper overlaid on photos by Kreigel Maruska (Philippines pic) & Geancarlo Peruzzolo (Brazil pic) A paper setting out how finance ministries and other public institutions could think more strategically about emerging technologies in public financial management (PFM) – and overhaul their PFM processes and functions to be ‘digital by design’ – has been published by the International Monetary Fund (IMF). The paper – titled ‘Harnessing Emerging Digital Technologies toward a New Frontier of Public Financial Management’ – is…

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When you buy through links on our articles, Future and its syndication partners may earn a commission.Credit: Michel Linssen/RedfernsKurt Cobain may have come to regret Nirvana becoming such an all-conquering, mainstream proposition in the wake of Nevermind’s monstrous success, but in 1990 he was determined that the band’s second record would be the sort of infectiously melodic album that could connect on an epic scale. At that point, they were in between records, their scuzzy debut Bleach having arrived a year earlier, but when it came to recording a single that could be released to coincide with a forthcoming UK…

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During the first four months of 2026, investors got a taste of just how unpredictable equities can be. The S&P 500 index, despite its position as the bellwether benchmark, fell 7% from the start of the year to March 30. And since then, it has marched 11% higher (as of April 21). While the market continues its volatile journey, investors now have the perfect opportunity to buy this growth stock. Image source: Getty Images. Management is aggressively opening new stores It’s time for investors to take a closer look at Dutch Bros (BROS +3.17%). Its stock has been more volatile…

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What Is the Weighted Average Coupon (WAC)? The weighted average coupon (WAC) is the average gross interest rate of the underlying mortgages in a mortgage-backed security at the time the security was issued. The WAC on a mortgage-backed security is used by investors and analysts to estimate the security’s pre-pay characteristics. The WAC will change over time as the mortgages underlying the security are repaid. Key Takeaways WAC measures the rate of return on a mortgage-backed security (MBS) at the time of issuance.Calculating WAC involves using each mortgage’s principal balance as the weighting factor.WAC changes over time as mortgages within…

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The Enforcement Directorate conducted multi-state searches over alleged misuse of foreign debit cards linked to “The Timothy Initiative,” involving large cash withdrawals in India, suspected FCRA violations, and possible routing of funds through a coordinated cross-border network Published Date – 24 April 2026, 06:43 PM New Delhi/Hyderabad: The Directorate of Enforcement (ED) has conducted search operations at six locations across multiple states in connection with suspected withdrawal and utilisation of funds using foreign bank debit cards, allegedly bypassing regulatory channels. The search operations were conducted on April 18 and 19, the central agency said in a release…

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The debt tied to Regions Center, a Shreveport premier Class A office property, and another office tower once owned by the same family business in New Orleans, has been downgraded. KBRA, the credit rating agency that issued the downgrade, said the estimated loss from the Regions Center was 7.3%. The Regions’ properties, the 25-story Tower and 16-story Regions Building in the 300 block of Texas Street, along with the attached 1,000 space parking garage in the 600 block of Market Street, are financed through Commercial Mortgage Backed Securities. CMBS are commonly used on high-dollar commercial properties that may be outside a bank’s comfort zone…

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Beer is aging in wood barrels at Maine-based Allagash Brewing, which won a gold medal Wednesday for its Allagash White witbier at the World Beer Cup. (Staff photo by Derek Davis/Portland Portland Press Herald via Getty Images)Portland Press Herald via Getty ImagesCalifornia breweries captured nearly one quarter of all gold medals awarded to U.S. breweries Wednesday for the best beers at the annual World Beer Cup competition.An analysis of World Beer Cup data by this journalist reveals that California breweries won 23 of 99 gold medals given to U.S. breweries for their beers. Washington breweries finished second with nine gold…

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The report examines the role of Islamic finance in the sustainable and climate finance markets by exploring market trends, instruments, and innovations across the Organization of Islamic Cooperation (OIC) member countries. The report draws on insights from surveys conducted with Islamic finance professionals and halal industry enterprises, as well as interviews with policymakers and private sector participants. The objective of this report is to identify opportunities and address challenges that can enhance the development of the Islamic sustainable finance market, with a focus on climate finance, which encompasses funding for climate mitigation, adaptation, and resilience building. DOWNLOAD REPORT KEY FINDINGSClimate change presents…

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Metaplanet will issue ¥8 billion ($50 million) in zero-interest bonds to deepen its Bitcoin exposure, according to a Friday statement. This is Metaplanet’s 20th series of ordinary bonds. The bonds will mature in 2027, giving the company roughly a year to deploy the capital into Bitcoin and pay back the principal. At current prices of around $78,000 per Bitcoin, this $50 million could add somewhere between 640 and 700 coins to the company’s holdings. The Tokyo-listed firm, now Japan’s largest corporate Bitcoin holder, owns 40,177 BTC worth about $3.1 billion. That makes it the third-largest Bitcoin holder among publicly traded…

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