Author: Lucas

Fraudulent insurance claims jumped by 12% last year, with insurers detecting more than £1bn in scams. New Association of British Insurers (ABI) data shows that most shady claims were for car cover, accounting for more than half of all incidents.  Exaggerating the value of the loss was the most common con, but fraudsters were also caught for illegal ghost-broker schemes and lying about their identity.But you don’t need to be a criminal mastermind to commit fraud. Telling white lies or stretching the truth when applying for cover can also have serious consequences. Here, Which? takes a closer look at the…

TLDR Olema Pharmaceuticals announced a public offering of common stock and pre-funded warrants All securities will be sold by Olema, with proceeds going to the company Underwriters will receive a 30-day option to purchase up to 15% additional shares OLMA stock fell between 6.9% and 7.2% in after-hours trading following the announcement TD Cowen is serving as the book-running manager for the offering Olema Pharmaceuticals stock took a hit in after-hours trading Tuesday after the company revealed plans for a public offering. The clinical-stage biopharmaceutical firm saw shares fall roughly 7% following the announcement. Olema Pharmaceuticals, Inc., OLMA The company…

The competition watchdog, Competition and Markets Authority (CMA), has opened investigations into StubHub, Viagogo, AA Driving School, BSM Driving School, Gold’s Gym, Wayfair, Appliances Direct and Marks Electrical07:56, 18 Nov 2025Updated 08:41, 18 Nov 2025Cases were the first launched using its new consumer protection powers (Image: Gold’s Gym)A probe has been launched eight major companies over their online pricing practices, it has been revealed.The competition watchdog, Competition and Markets Authority (CMA), has opened investigations into StubHub, Viagogo, AA Driving School, BSM Driving School, Gold’s Gym, Wayfair, Appliances Direct and Marks Electrical.Cases were the first launched using its new consumer protection…

The TRADE is excited to announce the winners of the Leaders in Trading New York Awards, with recipients honoured at a ceremony held at Chelsea Piers, New York last night.  Returning for a second year, more than 150 industry participants joined The TRADE to recognise and celebrate this year’s leading individuals and firms within the industry, with awards spanning the buy-side, sell-side, service providers, technology firms and venues.  This year, the highly coveted Trader of the Year award went to Michael Roberts of Columbia Threadneedle, while Susan Joyce from AllianceBernstein was recognised as Buy-Side Market Structure Expert of the Year. The Buy-Side…

The countdown is on to the end of the year, and for investors, it’s time to start looking ahead to 2026 at which sectors are set to offer the best opportunities thanks to impressive projected growth. With a changing global landscape, emerging technologies and shifting consumer behaviours, next year is set to bring with it a myriad of options to diversify your portfolio and potentially make some sizable returns over time. But which ones should you be taking note of? Here, we take a look at the industries set for exponential growth in 2026, and where the best investment opportunities…

Sense, a grid technologies company, is debuting services enabling utilities to detect distributed energy resources (DERs) and other energy loads in the home. These services are capable of making transformer and feeder-level mapping of the grid and its DERs. Credit: Sense Sense Load Visibility Solution uses the latest AMI meters to detect distributed resources, like rooftop solar, while acknowledging appliance loads, to find opportunities for home electrification. “With real visibility into what’s happening at the intersection of the grid and the home, utilities can take control of the most unpredictable part of distribution,” said Sense CEO Mike Phillips. “They can…

Two unusual plots of land are going under the hammer in Swindon for thousands of pounds.Estate agents and auctioneers McHugh & Co has listed a strip of land and roadway at Whitehill Way and land south of 21 Ecklington, off Eldene Drive, not far from the Morrisons, and Eldene Surgery, with a guide price of £5,000 each.The freehold land and roadway at Whitehill Way is around 1.3 acres located on a busy main road, surrounded by housing and near the Asda Superstore, Cineworld, Link Centre and Tenpin bowling.Whitehill Way land (Image: McHugh & Co)Meanwhile, the land south of 21 Ecklington,…

UAE Vice-President Sheikh Mohammed bin Rashid Al Maktoum has announced the establishment of the National Investment Fund with an initial capital of Dh36.7 billion, subject to increase and review. The announcement was made after the Dubai Ruler attended a meeting of the Cabinet at the Dubai Airshow 2025 on Wednesday.”The objective of the fund is to encourage incoming foreign direct investments to the country through incentive financial packages and to achieve our targets by raising them from Dh115 billion annually to Dh240 billion annually in 2031, and increasing its accumulated balance from Dh800 billion to Dh2.2 trillion dirhams in the…

Decode the three fundamental drivers behind Gold’s explosive 2025 rally while exposing how central banks have accumulated 2,303.5 tons through undeclared purchases worth 10x official figures.Analyze why currency debasement trade, institutional hedging against US protectionism, and asset de-correlation have created unprecedented Gold momentum driving this year’s mega surge. Source link

Modern Life Group Inc., an artificial intelligence-powered life insurance brokerage, today announced it raised $20 million in an early-stage funding to transform how advisers serve clients in a rapidly shifting insurance industry. Thrive Capital led the Series A round, bringing the total capital investment in the company to $35 million. The new funding follows Modern Life’s $15 million seed round also led by Thrive Capital in 2022. New York Life Ventures, Northwestern Mutual and Allegis also participated in the round. The global life insurance market size was estimated at $7.6 trillion in 2024 and expected to reach $8.2 trillion this year. The…