Author: Jordan

Belinfanti-Knight sees his new position “as a good opportunity to be part of leadership in a franchise that is in growth mode.”Cabrera Capital Banker Andrew Belinfanti-Knight joined Cabrera Capital Markets as public finance head of the western region, replacing Shawn Dralle, who left the firm to become Los Angeles County’s treasurer and tax collector.Processing ContentBelinfanti-Knight will be a “vital part or our growth model and we could not be prouder to have him on our public finance team,” Mario Carrasco, co-head of public finance.”Shawn built an exceptional foundation for our West Coast public finance business,” Carrasco said in a statement.…

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In a landmark step for intellectual property (IP) adjudication in Nigeria, the World Intellectual Property Organization (WIPO) has launched the newest title in its Intellectual Property Benchbook Series dedicated to IP Adjudication in Nigeria, developed in close collaboration with the Nigerian judiciary through the National Judicial Institute (NJI). The publication also builds on a regional initiative led by the African Regional Intellectual Property Organization, to strengthen judicial resources for IP adjudication across Africa. From the global cultural phenomenon of Nollywood and the international reach of Nigerian music, to a fast-growing technology sector and a thriving start-up and entrepreneurial ecosystem, Nigeria’s…

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Credit: Unsplash/CC0 Public Domain Subtle temperature differences at the ocean surface allow more carbon dioxide (CO2) to be absorbed, new research shows. Scientists studied the “ocean skin”—a sliver less than 2 mm deep at the ocean surface that is fractionally cooler than the rest. Theoretical and lab work have suggested this temperature difference should increase the amount of CO2 absorbed by the ocean—but this had never been successfully observed at sea before. The new study—led by researchers from the University of Exeter’s Penryn Campus in Cornwall—used precision measurements to confirm that the temperature of the ocean skin does indeed aid…

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Darlington Building Society has announced a series of changes to its income verification requirements across residential and buy-to-let lending following feedback from brokers.It said the changes were “practical” and would help mortgage advisers in simplifying the way they place business.Effective immediately, the society has reduced the amount of supporting documentation required for buy-to-let investors, helping to streamline applications, improve turnaround times, and reduce administrative burden for brokers and borrowers.The update includes requiring employed applicants to only provide their latest payslip, rather than the previous requirement of two months’ payslips, and allowing underwriters to retain discretion to request additional evidence where…

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CASH, Ark. (KAIT) – Cash police said a Trumann woman faces theft charges after allegedly stealing and using someone else’s P-EBT card, according to a probable-cause affidavit.Craighead County District Judge David Boling found probable cause to charge Lana Bell, 61, with theft of property involving credit or debit cards and fraudulent use of a credit or debit card under $500.Craighead County District Judge David Boling found probable cause to charge Lana Bell, 61, with theft of property involving credit or debit cards and fraudulent use of a credit or debit card under $500.(poinsett county sheriff’s dept.)On June 18 Cash police…

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Hedge funds have quietly built an $830 billion position in one of the oldest arbitrage strategies in fixed income. The Federal Reserve now says that trade is the primary engine behind the sector’s ballooning Treasury market footprint. A June 2026 FEDS Note, drawing on SEC Form PF data, found that large hedge funds held $2.4 trillion in long US Treasury exposure as of September 2025. The basis trade, a strategy that pairs long cash Treasuries with short futures positions financed through the repo market, accounts for roughly 35% of that figure. To put the scale in perspective: the $830 billion…

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Investing.com — SK Hynix stock surged 9.0% to trade at ₩2,811,000 on Thursday after the company filed to raise approximately $29.4 billion through an American Depositary Receipt offering on the Nasdaq, targeting a trading debut as early as July 10. The planned $29.4 billion offering would be the second-largest this year, behind only SpaceX’s record-setting $85.7 billion. The company stated in its filing that the listing would “ultimately allow its true corporate value to be properly evaluated,” signaling management’s conviction that the stock is undervalued relative to its U.S. peers. SK Hynix said in the filing that it expects the…

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Toronto-based Float Financial has raised $85 million in Series C financing as it looks to expand its business finance platform across Canada and deepen its use of artificial intelligence. The all-equity round was led by Inovia Capital, with continued participation from Goldman Sachs Alternatives and Garage Capital, along with new investment from BDC Capital and Northleaf. Float said the financing raises the company’s valuation by 70% and brings its total debt and equity financing since inception to $300 million. The company plans to use the new capital to advance Float Intelligence, its proprietary AI layer for finance teams, expand further…

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Spot gold breached the key $4,000-an-ounce support level on Wednesday, hitting its lowest point since November 2025, as a trifecta of hawkish Federal Reserve policy expectations, a stronger U.S. dollar and fading geopolitical safe-haven demand triggered a broad selloff in precious metals. Silver took the heaviest hit, tumbling 6.5% on the day, while gold notched an intraday drop of more than 3%. In a fresh research report, Bank of America outlined a two-track outlook: near-term downward pressure will persist, but the long-term bull market for gold remains unbroken. The primary driver of the downturn is a dramatic U-turn in interest…

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Buy-to-let market update BM Solutions – has decreased rates by up to 0.1 per cent on buy-to-let deals in personal ownership and let-to-buy. Limited company buy-to-let products have also decreased by up to 0.1 per cent. The Mortgage Works – has decreased rates by up to 0.26 per cent across selected two-, three- and five-year fixed-rate products. The reductions apply to both buy-to-let and limited company buy-to-let ranges. Among the changes, TMW’s two-year fixed-rate buy-to-let remortgage product, available up to 65 per cent loan-to-value (LTV) with a 3 per cent lender fee, has decreased by 0.1 per cent to 3.49…

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