By John Lee.Iraqi Prime Minister Mohammed Shia Al-Sudani has inaugurated the Al-Nisour Square development project in Baghdad, part of the government's first package of traffic decongestion initiatives in the capital.The project was executed by China's Transtech Engineering Corporation, an independent legal entity of China Railway International Group, which in turn is described as "a specialized foreign economic company under China Railway Group Limited (CREC).Key works comprise the Qah'tan Bridge, Al-Nusour ...

Core Viewpoint - A class action lawsuit has been filed against Savara Inc. for allegedly misleading investors regarding the viability of its lead drug candidate, MOLBREEVI, during the specified class period [1][2]. Allegations - The complaint states that Savara failed to disclose critical information about the MOLBREEVI Biologics License Application (BLA), including insufficient details on chemistry, manufacturing, and controls, which made FDA approval unlikely in its current form [2]. - The company misrepresented the timeline for completing the BLA submission, increasing the likelihood of needing additional capital due to delays in regulatory approval [2]. Stock Price Impact - Following the announcement of a refusal to file (RTF) letter from the FDA on May 27, 2025, Savara's stock price dropped by $0.90, or 31.69%, closing at $1.94 per share [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must submit their papers by November 7, 2025, although participation is not required to be eligible for recovery [4]. Company Background - Robbins LLP is noted for its focus on shareholder rights litigation, aiming to help shareholders recover losses and improve corporate governance since 2002 [5].

Core Viewpoint - A class action lawsuit has been filed against Fly-E Group, Inc. for allegedly misleading investors about its revenue projections and sales performance during a specific period in 2025 [1][2]. Group 1: Allegations and Misleading Information - The lawsuit claims that Fly-E Group's management created a false impression of having reliable information regarding the company's revenue outlook and sales expectations [2]. - It is alleged that the company downplayed risks associated with lithium batteries, supply chain changes, and regulatory challenges while promoting its brand reputation and cost reductions as key growth factors [2]. Group 2: Financial Performance and Impact - On August 14, 2025, Fly-E filed a notification with the SEC indicating a significant 32% decrease in net revenue compared to the same period in 2024, primarily due to a decline in total units sold [3]. - The decline in sales was attributed to a decrease in customer purchases of E-Bikes, linked to an increase in lithium battery explosion incidents in New York [3]. - Following the revenue announcement, Fly-E's stock price plummeted approximately 87%, from $7.76 per share to $1.00 per share within a single day [3]. Group 3: Class Action Participation - Shareholders who purchased Fly-E securities during the specified period may be eligible to participate in the class action lawsuit [4]. - Interested shareholders can contact Robbins LLP to serve as lead plaintiffs or remain as absent class members without participating in the case [4].

British retailers have warned that the Government’s refusal to adopt Lords’ amendments to the Employment Rights Bill could undermine its own policy goals, risking job losses and eroding workplace flexibility in one of the country’s largest private sectors. Lords’ changes rejected amid political push The Employment Rights Bill, a flagship Labour reform, is designed to clamp down on exploitative practices such as zero-hours contracts and to expand protections around unfair dismissal, flexible working and p ...

The pharmaceutical industry is undergoing a significant transformation, with sustainability becoming a central focus in packaging practices. As environmental concerns intensify and consumer expectations evolve, pharmaceutical companies are increasingly adopting eco-friendly packaging solutions. This shift not only addresses ecological challenges but also presents new opportunities for innovation and growth within the sector. The growing demand for sustainable pharmaceutical packaging The global sustain ...

Group 1 - RCI Hospitality Holdings, Inc. is currently under investigation for potential fraud, providing an opportunity for investors to join the legal proceedings initiated by the Schall Law Firm [1] - The investigation may involve allegations of misleading statements or actions that could have impacted the company's stock performance [1] - Investors are encouraged to participate in the investigation to seek potential recovery of losses incurred due to the alleged fraud [1]

Energy and Financials continue to lead the value landscape, with Petrobras (PBR), Bank of New York Mellon (BK), and Equinor (EQNR) all screening attractively. Market skepticism around the durability of cash flows in these sectors remains entrenched.From Petrobras (PBR), trading at an Acquirer’s Multiple (AM) of 4.1 with a hefty 35.0% free cash flow yield, to Bank of New York Mellon (BK) at just 2.1 AM supported by steady buybacks and dividends, investors continue to discount strong cash-generating franchise ...

Market Overview - Investors have maintained a bullish outlook recently, but markets experienced a slight decline as the Federal Reserve's two-day meeting commenced, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all slightly lower than their all-time highs [1] - The S&P 500 closed 0.13% lower after reaching a new 52-week high at the open, while the Nasdaq also saw a 0.07% drop from its new 52-week high [1] Stock Performance - The Dow Jones Industrial Average (DJIA) fell by 0.27%, with Nvidia experiencing a 1.64% drop in stock price [2] - Webtoon, a digital comic platform, surged by 36.8% following news of a Disney deal, while Steel Dynamics rose by 7.2%, making it a top performer in the S&P 500 [2] - Warner Bros Discovery was the worst performer, declining by 6.5% after a downgrade from TD Cowen, which changed its rating from Buy to Hold due to unattractive risk/reward dynamics [2][7] Notable Stocks - Warner Bros Discovery's stock has increased by 72.7% year-to-date, despite recent performance issues [3] - Other notable stock movements include APA Corp (+6.9%), Steel Dynamics Inc (+6.2%), and Occidental Petroleum Corp (+5%) [6] - Conversely, Warner Bros Discovery (-6.2%), Paramount Skydance Corp (-5.7%), and Emerson Electric Co (-4.9%) were among the worst performers [6] Acquisition Concerns - Warner Bros Discovery faces uncertainty regarding a potential takeover, with analysts suggesting the stock could "quickly round-trip" if the acquisition does not materialize [7] - Senator Elizabeth Warren expressed concerns over the concentration of media power related to a potential merger involving Warner Bros Discovery and Paramount [8] - Warner Bros, Disney, and Universal have filed a copyright infringement lawsuit against a Chinese AI firm, Minimax, amidst these acquisition concerns [8]

LOS ANGELES--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – RICK. ...

(Reuters) -Australia's Orion Minerals said on Wednesday it has signed a non-binding term sheet with a unit of global miner Glencore for $200 million–$250 million funding for its Prieska copper-zinc project in South Africa. The diversified metal developer said that the deal includes an offtake agreement with Glencore to sell 100% of zinc and copper concentrates, among others, from the mine for a period ranging between five and 10 years. Orion will receive the funding in two tranches for the construction a ...