Tue, 21-Oct-2025

Rogers, Shaw shares fall as outage raises uncertainty over C$20 bln deal

Rogers

Rogers suffered an unprecedented outage on Friday. Affected nearly every facet of daily life in Canada. Shaw dropped 4.3% to C$34.67.  Canadian share index ended down 1.2%. Rogers has offered C$40 per Shaw share. Canada’s Competition Ministry is meeting with Rogers. Rogers Communications Inc (RCIb.TO) and takeover target Shaw Communications (SJRb.TO) fell on Monday as … Read more

Rogers outage has angered Canadians, which could hinder merger plans

Rogers

The Rogers network outage disrupted nearly every aspect of daily life. Cutting banking, transport, and government access for millions. Consumers and opposition politicians called on the government.  The disruption could prompt the Competition Bureau to look more closely.  High cellphone bills have been a hot-button issue in Canadian elections. Rogers Communications (RCIb.TO) muddled its possibilities … Read more

Budzinski: Jays coach leaves team following daughter’s death

Budzinski

Toronto Blue Jays a respectable starting point mentor Mark Budzinski. Following the demise of his oldest little girl. Julia Budzinski was 17. Budzinski and director Charlie Montoyo left the hole in the third inning of the second round of Saturday’s doubleheader against Tampa Bay. The Blue Jays’ clubhouse was shut after the 11-5 misfortune. “The … Read more

Verstappen holds off Sainz to win in Canada

Verstappen

Red Bull’s Max Verstappen held off Carlos Sainz’s charging Ferrari to win the Canadian Grand Prix on Sunday. The triumph was his most memorable in Canada. Verstappen took his 26th profession win 0.9 of a second in front of Spaniard Sainz,who shut the hole and set up an undeniably exhilarating. Multiple times title holder Lewis … Read more

Dubai World Trade Centre to set up specialised crypto zone

crypto zone

DUBAI: The Dubai World Trade Centre will become a crypto zone and regulator for cryptocurrencies and other virtual assets, Reuters quoted the Dubai Media Office, as saying, part of efforts to attract new business as regional economic competition heats up. The move by the DWTC to create a specialized zone for virtual assets, including digital … Read more

Saudi Central Bank issues IT governance framework for financial bodies

Saudi Central Bank

RIYADH: The Saudi Central Bank has issued the IT governance framework to streamline functions of financial institutions operating in the kingdom, the Saudi Press Agency reported. The framework will also be applicable to lending institutions, Saudi Payments and credit information companies. It is part of SAMA’s responsibilities to effectively identify and address potential IT risks and threats. … Read more

SBP revises regulations to strengthen banking corporate governance

SBP

KARACHI: The State Bank of Pakistan (SBP) has issued revised “Corporate Governance Regulatory Framework” with the objective to further strengthen the corporate governance regime of banks and the DFIs and to align the same with international standards and best practices. The framework, which has been developed in consultation with the key stakeholders, covers Fit and … Read more