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Singapore Court Rules in Favor of Former Georgia Prime Minister, Orders Credit Suisse Trust to Pay $926 Million

Credit Suisse Trust was found liable for multi-million dollar fraud against Bidzina Ivanishvili and their family, resulting in substantial losses. TWC – In a significant ruling, the Singapore International Commercial Court has instructed Credit Suisse Trust to compensate former Georgia prime minister Bidzina Ivanishvili and his family with $926 million. The court concluded that a fraudulent […]

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YTL Power Surges to Five-Year High as 3Q Results Exceed Expectations

YTL Power‘s solid financial performance drives stock to RM1.24, the highest in five years TWC – YTL Power International Bhd experienced a significant surge in its stock price, closing at a five-year high of RM1.24 on Friday, May 26. This marks a notable increase of nine sen or 7.83% since its last peak of RM1.27 on […]

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RHB Bank Reports Impressive 31% Surge in 1Q Net Profit to RM762 Million

Higher non-fund-based income and lower expected credit loss drive RHB Bank’s robust growth in the first quarter of 2023. TWC – RHB Bank Bhd has announced a remarkable 31% increase in net profit for the first quarter ended March 31, 2023 (1QFY2023), soaring to RM761.67 million compared to RM582.33 million in the same period last […]

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Morgan Stanley’s Warning: US Stocks Unlikely to Begin Bull Market

Morgan Stanley cautions against expectations of a bull market for US stocks TWC – Morgan Stanley, a prominent financial institution, has issued a warning, casting doubt on the start of a bull market for US stocks. In a recent note by Michael Wilson, the chief US equity strategist at Morgan Stanley, he expressed skepticism regarding […]

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Uber Employees Express Anguish Over DEI Seminar on White Women: ‘Don’t Call Me Karen’

Uber Apologizes for Seminar, Acknowledges Employee Concerns TWC – Uber’s DEI czar, Bo Young Lee, has taken a leave of absence following employee complaints about an event titled “Don’t Call Me Karen.” The company issued an email apology to its staff, aiming to address the seminar that focused on the “American white woman’s experience” and […]

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JPMorgan CEO Jamie Dimon Reveals Key Qualities for His Successor: Passion and Perseverance

Dimon outlines essential traits for the future leader at JPM’s 2023 Investor Day. TWC – During JPMorgan’s Investor Day 2023, Jamie Dimon, Chairman and CEO of JPMorgan Chase, shared valuable insights on filling his shoes as the head of America’s largest bank. According to Dimon, the crucial factor is to “give a s–t.” Dimon emphasized […]

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Anthony Collins Empowers Legal Team with New Leadership and Promotions

Social purpose law firm Anthony Collins (AC) strengthens its expertise by appointing a Legal Director and promoting nine talented individuals across critical sectors, amplifying their commitment to serving local government, housing, health and social care, charities, and social businesses. TWC – In a move that underscores its dedication to excellence, Anthony Collins welcomes their new […]

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Secure Trust Bank Commercial Finance Names Andrew Welden as Regional Sales Director

Secure Trust Bank Commercial Finance, a prominent asset-based lending provider in the UK, has expanded its team by appointing Andrew Welden as the Regional Sales Director for the North West region. TWC – Andrew brought a wealth of experience from his previous role at Breal Zeta CF, where he successfully led the firm’s asset-based lending […]

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Francesca’s expands reach by acquiring Richer Poorer apparel brand

Francesca’s acquires Richer Poorer to expand reach and product categories. TWC – Francesca’s apparel brand acquisition LLC has acquired Richer Poorer, a fashion and lifestyle company based in Los Angeles, for an undisclosed amount. As a wholly-owned subsidiary under Francesca’s apparel brand acquisition LLC, Richer Poorer will help broaden the company’s-company’s channel reach and add […]

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Wesak practices improved by Covid, say devotees

Wesak Day marks Buddha’s birth and enlightenment, with celebrations returning after pandemic restrictions. TWC – Devotees of Wesak, the day that marks Buddha’s birth and enlightenment, have said that the Covid-19 pandemic has helped to improve their practices. During the Covid-19, many devotees had to offer prayers and donations online. Still, this year they can […]

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