The Latest News Right Now by Court Cast

Mashreqbank Draws Strong Demand for $500 Million AT1 Bond, Tightens Pricing

2 minutes of reading

Mashreqbank has successfully completed a $500 million perpetual Additional Tier 1 (AT1) capital issuance after attracting investor demand that exceeded $1 billion, allowing the Dubai-based lender to price the deal tighter than initial guidance. The perpetual non-call 5.5-year securities were issued at par and carry a fixed annual coupon of 6.625%, translating into a yield …

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Investcorp Maps Out Next Phase of Gulf Investments, Targets Family Businesses Ready for Expansion

3 minutes of reading

Bahrain-based alternative asset manager Investcorp is preparing to invest another $350 million across three to four companies in the Gulf Cooperation Council (GCC) through its $750 million Golden Horizon Partnership fund, reinforcing its long-term strategy of backing established family-owned enterprises with regional growth ambitions. The fund, launched in partnership with China Investment Corporation, has already …

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Roundup Litigation Nears New Milestone as Missouri Court Reschedules Hearing on Bayer’s $7.25 Billion Settlement

3 minutes of reading

A Missouri state court has pushed back a key hearing to review Bayer’s proposed $7.25 billion settlement aimed at resolving tens of thousands of lawsuits alleging that its Roundup weedkiller causes cancer. The approval hearing, initially expected in early July, is now scheduled for **August 19**, extending the timeline by roughly six weeks. Judge Timothy …

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Supreme Court Declines to Revive Ousted Labor Board Member’s Challenge, Reinforcing Trump’s Removal Authority

2 minutes of reading

The U.S. Supreme Court has declined to hear a challenge brought by former Merit Systems Protection Board (MSPB) Chair Cathy Harris, leaving intact a lower court ruling that upheld President Donald Trump’s decision to remove her from office. The move comes just a day after the nation’s highest court significantly broadened presidential authority over independent …

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Kansas School District Faces Federal Funding Risk as U.S. Targets Transgender Student Policy

2 minutes of reading

The U.S. Department of Education has warned that the Kansas City Public School District in Kansas could face legal action and the possible loss of federal funding over its policies concerning transgender students. According to a statement issued by the department, the district’s guidelines on student privacy may conflict with the Family Educational Rights and …

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US Courts Halt Trump-Era Student Loan Rule That Targeted Public Service Employers

3 minutes of reading

Two federal judges in the United States have blocked the Trump administration from enforcing a controversial regulation that would have denied student loan forgiveness to public service workers employed by organizations deemed to have a “substantial illegal purpose.” The rulings, issued just before the policy was scheduled to take effect, prevent the Department of Education …

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US Supreme Court Closes Landmark Term With Mixed Verdicts for Trump on Citizenship, Transgender Sports and Campaign Finance

4 minutes of reading

The U.S. Supreme Court concluded its nine-month term on Tuesday with a series of closely watched decisions that reshaped debates over immigration, transgender rights, political spending and gun laws. While President Donald Trump secured victories on several contentious issues, the court dealt a significant blow to one of his signature immigration policies by striking down …

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XRG and Eni Deepen Argentina Bet with Entry into Vaca Muerta Gas Blocks

2 minutes of reading

Abu Dhabi-based XRG and Italy’s Eni are expanding their footprint in Argentina’s fast-growing energy sector after striking separate agreements with state-controlled oil producer YPF to take minority positions in three strategic upstream assets tied to the country’s flagship LNG ambitions. Under the agreements, XRG and Eni will each hold a 32% interest in the Meseta …

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ADNOC L&S Upgrades 2026 Outlook After Strong Shipping Momentum Boosts Earnings Expectations

2 minutes of reading

ADNOC Logistics & Services (ADNOC L&S) has sharply upgraded its financial outlook for 2026, pointing to significantly stronger profitability than previously anticipated as demand across its shipping operations continues to outperform expectations. The Abu Dhabi-listed logistics and maritime company now expects net profit to climb in the high-60% range this year, a substantial improvement from …

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AD Ports and EGA Commit $22.9 Million to Expand Khalifa Port Cargo Capacity

1 minute of reading

AD Ports Group and Emirates Global Aluminium (EGA) are joining forces to invest AED 84 million (around $22.9 million) in a major upgrade of EGA’s dedicated berth at Khalifa Port, a move aimed at boosting cargo efficiency and supporting larger bulk shipments. The infrastructure project is designed to enhance the berth’s operational performance, enabling it …

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