Two major global law firms are inching closer to a landmark union, and their latest financial disclosures offer a preview of the combined force they aim to become. Hogan Lovells reported a robust financial year, pushing its revenue beyond $3.2 billion and recording a double-digit rise in partner profits in 2025. The performance comes as …
Washington Moves to Shield Federal Lawyers from State Ethics Scrutiny A new proposal emerging from the U.S. Department of Justice could dramatically reshape how misconduct allegations against federal attorneys are handled. The draft rule would allow the Attorney General of the United States to step in when state bar authorities begin probing current or former …
A federal trade court has directed the U.S. government to begin refunding billions of dollars to importers who paid tariffs later ruled unlawful by the U.S. Supreme Court. The order places the responsibility on the U.S. Customs and Border Protection to calculate and return the money — with interest — potentially affecting hundreds of thousands …
Court Pushes U.S. Customs to Return Billions Collected Under Trump-Era Tariffs Read More »
The recent wave of American military strikes on Iran—conducted alongside Israel—has ignited a fierce legal debate across capitals and courtrooms alike. With more than a thousand targets reportedly hit and several senior Iranian figures killed, the question now being asked by analysts and constitutional scholars is simple yet profound: were these attacks lawful? Among those …
Global Law Under the Microscope as U.S. Strikes Rock Iran Read More »
Brazil’s fuel map is about to get a little denser. Acelen, controlled by Abu Dhabi’s Mubadala Investment Company, is preparing to lift diesel output at the Mataripe refinery by 10% this June—an upgrade woven into a 736 million reais investment plan for the year. The move will push daily diesel production to 13,700 cubic meters, …
Diesel Drive: Acelen Turns Up the Heat at Mataripe Read More »
The money flooding into artificial intelligence just found a new high-water mark. OpenAI has unveiled a staggering $110 billion fundraising round that places an $840 billion valuation on the company behind ChatGPT — a signal that the AI boom is no passing storm but a full-blown climate shift in global tech. The financing is anchored …
The US dollar is flowing again toward Africa’s sovereign borrowers. After a muted opening to the year — with only Benin and the Republic of the Congo venturing into public markets, and Cameroon opting for a private placement later upsized — momentum has returned. Côte d’Ivoire and Kenya stepped forward last week, seizing a market …
Africa’s Dollar Window Swings Open as Côte d’Ivoire and Kenya Test Investor Appetite Read More »
Qatar Islamic Bank has tapped global debt markets with a $750 million five-year senior unsecured sukuk, pricing the issue at par and tightening guidance after robust investor demand. The Islamic lender fixed the spread at 80 basis points over U.S. Treasuries, delivering a profit rate of 4.402%. Early pricing whispers had circled closer to 115 …
Desert Demand: Qatar Islamic Bank Draws $1.6 Billion for $750M Sukuk Read More »
Investor appetite came in hot — and left pricing lean. Abu Dhabi returned to global debt markets with a $3 billion dual-tranche bond, and buyers wasted little time circling the deal. Orders at one point swelled past $11 billion before books settled at launch with $4.3 billion allocated to the five-year notes and $5.6 billion …
Desert Demand: Abu Dhabi Pulls In $3 Billion as Bond Buyers Squeeze Spreads Read More »
The business of betting on the future is now itself the subject of a legal gamble. Prediction-market platform Kalshi has enlisted former U.S. solicitor general Neal Katyal as it battles state regulators determined to rein in its fast-expanding event-contracts model. Katyal, now a leading Supreme Court advocate at Milbank, appeared this week in litigation challenging …
High-Stakes Wagers Move From Trading Screens to Courtrooms Read More »
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