Author: Jordan

The 56-year-old has been released pending further investigation.Police investigations are ongoing(Image: Police Scotland)A man has been arrested after a woman was allegedly raped inside a property in Glasgow.Emergency services were alerted to the alleged “serious sexual assault” within a property in the Gorbals area of the city on Friday, June 12.A 56-year-old man has been arrested and released pending further investigation. Police say their investigations into the incident are ongoing.A Police Scotland spokesperson said: “On Friday, June 12, 2026, we received a report of a woman being seriously sexually assaulted within a property in the Gorbals area of Glasgow.“A 56-year-old…

The Chittagong Stock Exchange (CSE) is aiming to launch Bangladesh’s first commodity exchange this year, with its Managing Director M Shafiqur Rahman Majumder saying the bourse could go live within three to four months once it receives the remaining regulatory approvals. Speaking at a post-budget press conference held at the CSE conference hall today (14 June), Shafiqur said the exchange’s technological infrastructure is fully ready and efforts to build market awareness are in their final stages. “We could have launched the commodity exchange a year earlier had the government’s thinking and the regulatory authorities’ approach been aligned with our roadmap,”…

A corporate buy to let mortgage is ideal for landlords looking to rent property to a business, rather than to individual tenants. In this arrangement, the tenancy agreement is between the landlord and the company. The company is responsible for paying rent and managing the property, while their staff are occupying it. This setup is common as businesses need accommodation for employees. What is a corporate let?A corporate let is a rental agreement where a limited company (or other organisation) rents a residential property from a landlord. The company, not the occupants, is the legal tenant.The individuals living in the property are…

Economist Omu Kakujaha-Matundu says the government should focus on reducing house prices rather than blaming banks for long mortgage repayment periods. His comments follow concerns raised by prime minister Elijah Ngurare about the lengthy repayment period of home loans in Namibia.Mortgage repayment periods typically range from 20 to 30 years. Kakujaha-Matundu says long repayment periods are often the result of high house prices rather than banking regulations. He says many first-time home buyers cannot afford monthly repayments on expensive houses if loans are structured over shorter periods.“If a house costs N$2 million, an ordinary person cannot afford the monthly installments…

Oracle disclosed plans for an additional $20 billion capital raise, bringing its total financing plan to $40 billion and the company reported negative free cash flow for its latest fiscal year, according to CNBC. For the fiscal fourth quarter, Oracle reported revenue of $19.18 billion, up 21% from a year earlier and ahead of analysts’ expectations of $19.1 billion. Adjusted earnings per share came in at $2.03, surpassing the consensus estimate of $1.96. Despite the earnings beat, investors focused on the company’s heavy spending on artificial intelligence infrastructure. Oracle reported negative free cash flow of $23.7 billion for fiscal 2026…

R Doraiswamy, CEO & MD, LIC | Photo Credit: bl-online Administrator LIC CEO and MD R Doraiswamy has said that despite rising competition in the life insurance sector, the Corporation will stay focused on strengthening its leadership position while contributing to the national development as it heads toward its platinum jubilee.LIC CEO and MD R Doraiswamy has said that despite rising competition in the life insurance sector, the Corporation will stay focused on strengthening its leadership position while contributing to the national development as it heads towards its platinum jubilee.Insurance behemoth LIC alone commands close to 60 per cent market…

A substantial proportion of respondents continue to report solid returns. Around 27.1% recorded gross yields of between 4% and 6%, with 21.8% achieving between 6% and 8%, and 15.8% reporting yields of 10% or above. More than 75% of landlords said they planned to raise rents over the next 12 months, though approaches to rent-setting are becoming more flexible — a shift Landbay attributed in part to the introduction of the Renters’ Rights Act, as landlords weigh rising costs against new legal obligations and tenant affordability. Demand for fixed-rate products remains strong, with 87.2% of respondents indicating a preference for…

Every year, you set aside money for tax-rebate investments. But the bigger question is rarely asked: are you putting it in the right place? With different options available in Bangladesh – each with a different return, risk profile, rebate ceiling, and flexibility. Probably we all are aware of the popular avenues, but the landscape is constantly changing. New instruments have entered the market. Rates are shifting. What worked for you two years ago may no longer be your best move today. So, let’s explore! National Savings Certificate/ Sanchayapatra (NSC) Keep updated, follow The Business Standard’s Google news channel NSC is…

Solana (SOL) [Photo: Shutterstock] The Solana Foundation has launched a “VIP Frontier Traders” program for institutional and professional traders active in emerging asset markets. VIP status requires meeting both criteria: more than $500 million in on-chain trading volume over the past 30 days and more than $16 million in open interest. Qualified participants are offered priority access to the Asset Express program, premium remote procedure call (RPC) access and invitations to exclusive events. Even those who do not meet the VIP criteria can take part in spot and perpetual futures trading activity. Frontier Traders follows on from an institutional recruitment…

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