KPMG Australia will halt bids for new work from the Victorian state government pending a review of the business, as new revelations about staff mishandling confidential client information deepen the crisis engulfing the scandal-hit firm. Processing Content The local arm of the audit and consulting giant has agreed not to take part in bidding for…
U.S. small cap equities are coming off the strongest start to a year in more than three decades. At the same time, the Russell Indexes’ first 2026 reconstitution took effect at the end of June, with a second one scheduled for December. What was once an annual rebalance is now happening twice a year; a…
Depending on who you ask, Delta Air Lines is making it easier to earn miles on your next Starbucks order. Starting Aug. 5, 2026, Delta SkyMiles members who link their Starbucks Rewards account will earn 1 mile per $1 spent at participating Starbucks locations, as long as they’ve flown on Delta within the past year….
Minutes Welcome / introductions The Chair welcomed the Group and those present as part of the observers’ programme. Diversity, Equity & Inclusion DE&I remains a priority for the Bank of England and the Group, ensuring that the initiatives which are in place receive continued support. The Group discussed differences in flexible working policies between individual…
THL made a majority investment in AMI in 2024 Sanjoy Maity serves as CEO of AMI THL Partners has sold AMI, a Duluth, Georgia-based provider of firmware and platform management solutions, to Lattice Semiconductor. No financial terms were disclosed. As part of the transaction, THL will retain an equity ownership interest in Lattice Semiconductor. THL…
Blackstone, KKR and Brookfield have agreed to acquire a 49% stake in a joint venture linked to Kuwait’s national oil pipeline network in a transaction valued at approximately $16bn, according to a report by the Financial Times. The deal is the largest foreign investment in Kuwait’s history and will provide the Gulf state with almost…
In 2026, bathroom trends are reigniting the desire for a wash space that feels relaxing, tranquil, and calm to unwind at the end of a busy day. As such, the spa bathroom is making a return, filled with soft colors, organic materials, and accessories that promote relaxation. The bath is naturally at the heart of…
If you’re here looking for lower mortgage interest rates, today is definitely not your day. The average interest rate on a 30-year, fixed-rate mortgage jumped to 6.75% APR, according to rates provided to NerdWallet by Zillow. This is 13 basis points higher than Friday and 18 basis points higher than a week ago. (See our…
Executive Summary The discussion included the overall calibration of bank capital requirements in the UK, as well as the areas identified by the FPC for further work in December, which were: the usability of buffers, the functioning of the leverage ratio framework; and the interactions between different elements of the capital stack, particularly in relation…
Johnson / Money Talks News You get a text that looks like it’s from your bank. Fraud alert. Suspicious charge. Call this number right now. You call. A calm, professional voice tells you your account’s been hacked and the only way to protect your money is to move it fast. So you do. You send…
