TD Bank and BMO on Bay Street, Toronto, location of CanDeal HQCanadian fixed income trading platform CanDeal is launching a vendor due diligence service that will initially serve the six largest domestic banks, but could be expanded globally in the future.The new utility, built to service BMO, CIBC, National Bank of Canada, RBC, Scotiabank and TD Bank, aims to streamline third-party risk management and regulatory compliance. Jayson Horner, chief executive ...

Core Insights - Diamond Estates Wines & Spirits Inc. reported financial results for Q3 2026, showing significant revenue growth and improved gross margins [1][2]. Financial Performance - Revenue for Q3 2026 was $8.2 million, an increase of $1.8 million from $6.4 million in Q3 2025 [17]. - Gross margin for Q3 2026 was $4.9 million, up from $3.7 million in Q3 2025, with a gross margin percentage of 59.8%, compared to 57.5% in the prior year [17]. - SG&A expenses rose to $4.3 million in Q3 2026 from $3.1 million in Q3 2025, primarily due to VQA support payments and increased advertising costs [17]. - Adjusted EBITDA increased to $0.7 million in Q3 2026 from $0.6 million in Q3 2025, despite a decrease in EBITDA to $0.7 million from $1.4 million in the same period [17]. - The company reported a net loss of $0.1 million in Q3 2026, down from a net income of $0.5 million in Q3 2025 [17]. Operational Highlights - The Winery division saw a sales increase of $1.9 million, driven by growth in grocery and convenience channels [17]. - The company completed one of its largest harvests in history, more than doubling the volume of grapes compared to 2024, and achieved its largest ice-wine harvest in recent years [6][7]. - Management is finalizing a three-year strategic plan aimed at continued growth and strengthening of the business [8]. Industry Context - The Ontario VQA wine industry is experiencing significant growth, with the retail channel expanding over 50% in the past year [9]. - Consumers are increasingly supporting Canadian-made products, which is positively impacting the company's performance [9].

When discussing the use of stablecoins, some important clarification is needed. The language of digital payments is often used interchangeably in the wider media, even though certain terms are highly specific. For instance, stablecoins and tokenised deposits serve two very distinct, yet complementary roles. Tokenised deposits are digital versions of insured money and, as such, when structured within existing deposit frameworks, represent lower risk, while also being able to fit within existing financial arc ...

Core Insights - Nexo has officially relaunched its crypto lending platform in the United States on February 16, 2026, after withdrawing from the market in late 2022 [1] - The company manages approximately $11 billion in assets and has processed over $371 billion in transactions globally since 2018 [1] Group 1: Relaunch Strategy - The relaunch focuses on restructured versions of core products for U.S. users, emphasizing compliance and risk management [2][3] - New offerings include fiat on- and off-ramps via ACH and wire transfers, delivered through licensed U.S. partners [2] - The new yield and lending products are designed differently from the discontinued Earn Interest Product (EIP) that faced regulatory scrutiny [3] Group 2: Regulatory Context - Nexo's exit from the U.S. market was due to regulatory challenges related to its Earn Interest Product, which was deemed an unregistered security by the SEC [5][8] - The company paid $45 million in settlements in 2023 and has since redesigned its products to operate within a clearer regulatory framework [6] Group 3: Business Growth and Partnerships - Prior to its exit, Nexo engaged in global growth initiatives, including acquisitions and sponsorships, but now prioritizes compliance over aggressive expansion [4] - The company has established partnerships with regulated domestic entities to facilitate its return to the U.S. market [1][6]

Regulatory Changes in US Options Exchanges - Major US equity options exchanges, led by Cboe Global Markets (CBOE) and Nasdaq (NDAQ), are shifting to a new billing methodology based on prior-month trading activity instead of real-time volume [2][3] - This change, effective from early February 2026, aims to comply with SEC Regulation NMS Rule 610(d) and improve transparency while preventing exchanges from collecting fees for trades executed on competing platforms [3] Geopolitical Developments in Latin America - Mexican President Claudia Sheinbaum has ordered a temporary halt to oil shipments to Cuba to avoid potential tariffs from the Trump administration, causing internal conflict within Mexico's ruling Morena party [4][5] - This decision is significant as Mexico has recently become Cuba's primary oil supplier, surpassing Venezuela [5] Lebanon's Financial Stabilization Efforts - Lebanon's Prime Minister Nawaf Salam is advocating for the approval of the Financial Stabilization and Depositor Recovery (FSDR) law, which aims to address a funding gap exceeding $70 billion [6][7] - The proposed law includes provisions to repay small depositors up to $100,000 over four years, while larger deposits would be converted into tradable, asset-backed securities with maturities of up to 20 years [7] Infrastructure Development in Israel - The Israeli Cabinet has approved the construction of a new international airport, Tekuma Airport, near the Gaza periphery, with an estimated cost of NIS 7 billion [8] - This project is expected to create thousands of jobs and is seen as a strategic necessity to alleviate congestion at Ben Gurion Airport [8][9] Weather-Driven Economic Trends in the US - A severe winter in the Northeast has led to increased consumer spending on luxury winter apparel and spa services, benefiting retailers like Canada Goose (GOOS) and Columbia Sportswear (COLM) [11] - In contrast, California is facing a massive winter storm that could bring up to 8 feet of snow, prompting utilities like PG&E (PCG) to prepare for potential power outages and travel disruptions [12]

Core Viewpoint - Citigroup has approved a total compensation of $42 million for CEO Jane Fraser for 2025, marking a nearly 22% increase from the previous year, reflecting positive investor sentiment towards her management strategies [1][3]. Group 1: Compensation Details - The compensation package for CEO Jane Fraser includes a base salary of $1.5 million, cash incentives of $6.075 million, and the remainder in deferred incentives [3]. - In 2024, Fraser's total compensation was $34.5 million, indicating a significant increase in her earnings for 2025 [3]. Group 2: Market Performance - Citigroup's stock surged by 65.8% last year, outperforming peers and a bank stock index, largely due to Fraser's initiatives to streamline management, cut jobs, and divest businesses [1][5]. - The increase in Fraser's compensation aligns with similar raises for top executives at rival firms like Goldman Sachs and Morgan Stanley, as the industry anticipates a strong year for dealmaking [2]. Group 3: Regulatory Progress - Citigroup executives are optimistic about completing compliance work related to major regulatory penalties, which could allow the bank to focus more on profit growth after years of intensive compliance efforts [4].

Core Viewpoint - Citigroup executives are increasingly optimistic about completing compliance work related to major regulatory punishments, known as consent orders, by the end of this year [1] Group 1 - The company is making progress in addressing the requirements set forth in the consent orders [1] - There is a growing confidence among executives regarding the timeline for compliance completion [1] - The successful resolution of these compliance issues is expected to positively impact the company's operations and regulatory standing [1]

Core Insights - Uni-Fuels Holdings Limited is launching EU Allowances (EUAs) through its subsidiaries to assist shipowners in complying with the European Union Emissions Trading System (EU ETS) as it applies to maritime transport [1][2][3] Company Strategy - The EUA solution is part of Uni-Fuels' strategy to provide value-driven, end-to-end marine fuel solutions, reinforcing the company's commitment to sustainability and regulatory compliance [2][4] - This initiative is a significant step in Uni-Fuels' 2026 global strategic roadmap, aimed at scaling operations and expanding service offerings to meet the evolving needs of the maritime sector [4] Regulatory Context - Under the EU ETS, shipowners must monitor and verify their vessels' emissions and surrender EUAs annually, with phased implementation starting January 1, 2024, requiring allowances for 40% of verified emissions in 2024, increasing to 70% in 2025, and full compliance from 2026 [3] - The regulatory shift necessitates reliable access to EUAs to avoid financial penalties and enforcement actions [3][4] Company Overview - Uni-Fuels is a rapidly growing global provider of marine fuel solutions, established in 2021, with a presence in major shipping hubs including Singapore, Seoul, Dubai, Shanghai, and Limassol [5] - The company offers customer-centric, compliant, and reliable fuel solutions supported by a globally integrated operating platform and 24/7 operational support [5]

Notices were issued to 13 ecommerce entities -- Chimiya, JioMart, Talk Pro, The CCPA found that platforms were facilitating the sale of Personal Mobile Radios (PMRs) operating outside the license-exempt frequency band, without Equipment Type Approval (ETA) certification or proper disclosure of licensing requirements. Penalties of Rs 10 lakh and Rs 1 lakh imposed The authority imposed penalties of Rs 10 lakh each on Meesho, Meta Platforms Inc. (Facebook Marketplace), Flipkart, and Amazon, and Rs 1 lakh ea ...

LOS ANGELES and MIDDLESEX, N.J., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Anresco NJ Labs has expanded its laboratory network with aligned facilities on both the East and West Coasts, strengthening its ability to provide consistent analytical chemistry and microbiology testing nationwide. With laboratories in Middlesex, N.J., and Los Angeles, clients can submit samples to the nearest location while receiving standardized methods, quality systems, and reporting across both sites. The two laboratories operate indepe ...