Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.
Foreign investors are pouring record sums into U.S. equities even as demand for American debt softens, underscoring a global preference for growth exposure over duration risk. The shift highlights how the U.S. market remains the world’s default destination for capital, but with a changing mix of buyers and instruments.
As artificial intelligence revolutionizes operations within law firms, clients are increasingly questioning the value of traditional billing practices. The shift towards automation raises expectations for cost reductions, challenging the long-standing billable-hour model.
India's listed new-age technology companies lost a combined $3.6 billion in market value this week as a steep sell-off in insurtech names, led by PB Fintech and Turtlemint, overshadowed gains in select SaaS, mobility and logistics counters. The decline came as investors weighed the likely impact of the insurance regulator's proposed commission caps, even as IPO activity remained active with Moneyview, AceVector and Spinny advancing public market plans.
Digital lender Moneyview's Rs 1,092 crore initial public offering drew strong investor interest on the second day of bidding, with overall subscription reaching 6.01 times by the close of trading on September 25. Demand was led by non-institutional investors and retail buyers, while qualified institutional buyers remained largely absent from the book at that stage.
India's insurance regulator has proposed a sweeping reset of insurtech economics, including commission caps, tighter expense limits and restrictions on bundled lending-linked insurance, triggering a sharp sell-off in listed platforms. The market reaction was immediate, with PB Fintech and Turtlemint hit hard, even as Moneyview's IPO opened to a modest first-day subscription led by retail and non-institutional investors.
Recently listed enterprise cloud and AI company ESDS Software Solution reported a 14% year-on-year rise in net profit to Rs 29.3 crore for the June quarter, supported by a 7.3% increase in operating revenue to Rs 133.7 crore. But the numbers also showed a sharp sequential decline from the previous quarter, underscoring the uneven pace of growth even as the stock continues to trade at more than four times its IPO price.
Manchester City have been found guilty of all but one of the 115 alleged breaches of the Premier League's financial rules, according to reports from The Athletic and The Times. The club is expected to appeal, setting up what could become one of the most consequential legal and sporting battles in English football history.
The United States and Argentina have launched the Andes-Atlantic Corridor, a sweeping infrastructure initiative aimed at modernizing transport, energy and digital links that move Argentine exports to Atlantic ports and Western markets. Announced on the margins of the U.N. General Assembly, the project is designed to attract public and private investment while deepening bilateral cooperation on supply chains, critical minerals and trusted technology.
President Luiz Inácio Lula da Silva has moved to ban fixed-odds sports betting in Brazil just a week before the country's presidential election, a dramatic intervention that places gambling regulation at the center of the campaign's final stretch. The decision underscores the political sensitivity of online betting in Latin America's largest democracy, where regulators, operators and voters are now confronting a sudden shift in policy with major economic and electoral implications.
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