The Latest Breaking News from ABL

The Association of Banks in Lebanon is expected to halt an open-ended strike they began earlier this week after assurances made by caretaker Prime Minister Najib Mikati that no controversial litigation are to be taken against them by the FPM-affiliated judge Ghada Aoun. On Wednesday, Mikati requested caretaker Interior Minister…

Banks in Lebanon warned of the “gravity” of judicial accusations leveled against a number of them for “money laundering” and said that this will have repercussions on banking transactions. In a first, a new lawsuit affected an Arab bank operating in Lebanon, which is the National Bank of Kuwait (NBK).…

"It's something I've never had the pleasure of experiencing before and sharing it with some of my best friends, who I've had since I was a kid, means more than anything to me."

Writer and scholar Nelida Pinon, the first woman to preside over the Brazilian Academy of Letters (ABL), died at age 85 in Lisbon, according to the literary club and Brazilian media reports.

The lawyer for one of the First Nations families involved in the Hawthorn cultural safety review raises questions over the independence of an investigative panel announced by the AFL.

PHILADELPHIA — Face it, Philadelphia could have no better cheerleader for a WNBA franchise than Dawn Staley, current iconic player-turned-coach of her sport.

The term 'meme stocks’ gained massive popularity last year, with several fundamentally weak stocks soaring to unsustainable prices solely based on retail investors’ bets on them. However, this year, investors are fleeing risky positions amid the overall risk-off sentiment and heightened volatility. So, it could be wise to avoid fundamentally…

Alta Equipment Group Inc (NYSE:ALTG) has agreed to acquire Yale Industrial Trucks, Inc. (YIT), a privately held Yale lift truck dealer with five locations in southeastern Canada. The implied enterprise value of the acquisition is estimated to be ~$33.5 million. Woodbridge, Ontario-based YIT provides sales, service, and rental of material handling equipment…

Lebanon's Bank Audi and Al-Mawarid Bank said on Wednesday they disagreed with a letter sent on behalf of the country's banking association that branded a staff-level agreement (SLA) with the International Monetary Fund "unlawful".

The Lebanese banks association ABL said on Wednesday it does not oppose an April draft deal between the government and the IMF, and sees an agreement with the fund as one of the main ways to exit Lebanon's financial crisis. At the same time, the ABL said that financial sector…

REV Group Inc (NASDAQ:REVG) reported a second-quarter FY22 sales decline of 10.5% year-over-year to $576.3 million, missing the consensus of $595.59 million. The gross margin declined by 367 bps to 9.9%, and the operating margin fell 525 bps to 0.2%. Adjusted EPS of $0.17 missed the consensus of $0.23. Adjusted EBITDA declined…