CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%

Kolkata: Shares of PNB Housing Finance declined more than 17% Friday, in its worst fall since October 2018, after the sudden resignation of chief executive Girish Kousgi, who has built for himself a reputation of turning around struggling mortgage...

Precinct DTLA Faces Financial Crisis Amid Lawsuit, Launches Fundraiser to Stay Open

LGBTQ Bar Warns of Possible Closure, Cites Legal Battle and Rising Costs Precinct DTLA, a longtime fixture in downtown Los Angeles’s queer nightlife scene, said Friday it is facing a severe financial crisis tied to what it described as a...

Stroud MP: Huge wealth gap is making our society deeply unjust

As both a doctor and an MP, the casework that my team and I deal with is overwhelmingly concerned with people who are poor. Most of them were born poor, lived in relative poverty all their lives, and will die poor, simply because they were born in...

Martin Lewis predicts drivers could receive £15bn in compensation from car finance scandal despite Supreme Court verdict

Consumer champion Martin Lewis has reacted to the Supreme Court's verdict in the car finance mis-selling scandal and predicted what the next steps could be. On Friday, August 1, the Supreme Court sided with lenders, saying that they were not...

Burnley close in on deal for £25m-rated forgotten Chelsea star as Blues look to finance Alejandro Garnacho and Xavi Simons moves

By SIMON JONES Published: 03:24 EDT, 2 August 2025 | Updated: 03:24 EDT, 2 August 2025 Chelsea striker Armando Broja is closing on a move to Scott Parker's Burnley. The 23-year old is set to undergo a medical ahead of a permanent move to the...

Nifty top gainers this week (ending August 1): Jio Financial Services, Hindustan Unilever, L&T, Asian Paints, Trent and more

The Indian stock market closed Friday’s session on a downbeat note, with both benchmark indices—the Sensex and Nifty 50—slipping around 1% each. The Sensex ended 586 points lower at 80,600, while the Nifty dropped 203 points to close at 24,565....

PNB Housing Finance Shares Under Pressure Amid Multiple Top Brass Exits

Dilip Vaitheeswaran, Chief Sales Officer resigned last week and is set to leave his office on August 14, 2025. Prior to this, Anujai Saxena, Business Head (Affordable), resigned on May 19, 2025 and Valli Sekar, the company’s Chief Sales and...

How drivers were sold a car finance compensation fantasy

Britain has narrowly avoided a costly car finance compensation free-for-all after a landmark court ruling derailed chances of a payout for millions of drivers.Claims lawyers had been bombarding consumers with adverts suggesting they may have been...

ED Took Up 5,892 PMLA Cases since 2005: Finance Ministry to RS

Ethiopia’s Cultural Wealth Is Undeniable. Its Recognition Isn’t.

Despite ancient sites & UNESCO honors, Ethiopia still fights for its place on the world’s cultural map, global rankings In the mist-veiled highlands of Ethiopia, where monolithic churches are carved into stone and incense swirls through...

Dubai: Two Men Sentenced To Jail, Financial Restrictions For Drug Use

(MENAFN- Khaleej Times) Two Asian men were sentenced to three months in prison and ordered to be deported after serving their jail terms for using drugs at a workers' accommodation in the city, a Dubai court has ruled. The Dubai Misdemeanours and...

Trump momentum drives stablecoin urgency in Asian financial hubs

[MUMBAI] Asian markets are hurriedly updating their stablecoin rules as US President Donald Trump’s embrace of US dollar-pegged cryptocurrencies instils a fresh sense of urgency among the region’s authorities. Recent developments in South Korea,...

The Battle For Car Finance Compensation

Senate body seeks financial, contractual records from NHA

ISLAMABAD - The Senate Standing Committee on Economic Affairs Division on Friday gave the National Highway Authority a two-week deadline to submit complete financial and contractual records related to the dualisation of National Highway-55, a...

Rising debt: Financial expert, Idakolo ex-rays Nigeria’s situation

Nigerians have expressed divergent views over the incessant loans taken by the federal government, which has bloated the country’s external debts. DAILY POST reports that the Senate recently approved President Bola Tinubu’s external borrowing plan...

Laid off? Don’t let this turn into financial distress

Tata Consultancy Services (TCS) recently announced a 2% reduction in its global workforce , totalling around 12,200 jobs, raising concerns among Indian IT employees. According to a layoff tracker called Layoffs.Fyi, 152,922 workers from 551 tech...

Car finance ​scandal explained: what you need to know as Supreme Court rules today

by Natalie key | 1 August 2025 Millions of motorists could be owed compensation over "mis-sold car finance deals", with a landmark Supreme Court ruling expected to open the floodgates to billions in claims. Car Finance your rights The UK’s most...

Impose Unexplained Wealth Order to curb graft among elite, says ex-MP

Former Klang MP Charles Santiago said Malaysia needs a law to force individuals to explain how they obtained wealth beyond their known income. PETALING JAYA: Former Klang MP Charles Santiago has urged the government to introduce an Unexplained...

Việt Nam targets to launch international financial centres by the end of 2025

HÀ NỘI — Prime Minister Phạm Minh Chính who heads the Steering Committee for Việt Nam’s International Financial Centre (IFC), signed a decision on Friday approving an action plan to establish IFC in HCM City and Đà Nẵng by the end of 2025. IFC is...

Employed South Africans working hard for financial freedom

South Africans are known for their resilience which is confirmed by a survey that shows they still work hard for their financial freedom. Employed South Africans are working hard for their financial freedom according to a new survey that shows...