Isabelle Hudon's term as CEO of the Business Development Bank of Canada (BDC) has been extended until 2030. Since her appointment in 2021, Hudon has expanded BDC's client base by nearly 50% and launched key initiatives supporting Canadian SMEs, including funds for venture capital, Indigenous and Black entrepreneurs, and AI adoption. Her leadership has helped BDC remain profitable while playing a crucial role in protecting Canadian businesses from unfair tariffs and advancing economic sovereignty. The renewal ensures continuity as BDC develops its next five-year strategy to support entrepreneurs facing ongoing geopolitical challenges.
Integrated Cyber Solutions Inc., operating as Integrated Quantum Technologies, announced the development of MASQ™, a governance and security framework designed specifically for autonomous AI agents. MASQ aims to control AI agents' permissions, data a...
Chinese skincare company Yatsen Holding completed the first tranche of a $120 million convertible note issue, potentially to fund the acquisition of U.S. skincare brand Erno Laszlo, recently bought by a Chinese investment group. Yatsen, facing losses...
Burford Capital Limited announced a final dividend of 6.25 US cents per ordinary share for the year ended December 31, 2025. The dividend will be paid on June 12, 2026, to shareholders recorded as of May 22, 2026. The company also disclosed the pound...
Northrim BanCorp announced a quarterly cash dividend of $0.16 per share, payable on June 18, 2026, to shareholders recorded by June 11, 2026. At the current stock price of $24.74, this dividend represents an annual yield of 2.59%. The company recentl...
Jeffrey Schmid, President of the Federal Reserve Bank of Kansas City, warned that inflation is still too high and the current energy shock might not be temporary. Speaking at a conference, he expressed concern that inflation has been above the Fed's ...
