Timur Turlov has filed a complaint with FIDE's election commission requesting the removal of presidential candidate Wadim Rosenstein from the ballot and suspension of the German Chess Federation's voting rights. Turlov alleges that Rosenstein and his company WR Events signed a major sponsorship deal with the German Chess Federation in August 2026, during the election campaign, which violates FIDE electoral regulations prohibiting valuable benefits to voting federations during elections. The complaint draws parallels to a 2018 case where similar violations resulted in delegate suspension and federation exclusion.

Timur Turlov has filed a complaint with FIDE's Electoral Commission requesting the removal of presidential candidate Wadim Rosenstein from the ballot and suspension of the German Chess Federation's voting rights. Rosenstein's company WR Events became a major sponsor of the German Chess Federation in August 2026, just weeks before the September 26 election, which Turlov argues violates FIDE electoral rules prohibiting candidates from providing valuable consideration to voting federations during campaigns.

Moody's has assigned insurance financial strength ratings to two Freedom Holding Corp. subsidiaries for the first time. Freedom Insurance received Ba1 ratings while Freedom Life received Baa3 investment-grade ratings, both with stable outlooks. Freedom Life becomes the first Freedom Holding company to achieve investment-grade status from Moody's. The ratings reflect strong market positions, asset quality, and integration within the Freedom ecosystem.

S&P Global upgraded the outlook on Freedom Holding Corp. and its four core subsidiaries from stable to positive, while raising national-scale ratings for Freedom Finance JSC and Freedom Bank Kazakhstan JSC. The positive outlook reflects improved corporate governance, risk management, and diversified earnings across geographies. The upgrade follows S&P's recent upgrade of Kazakhstan's sovereign credit ratings to BBB/A-2, citing resilient economic growth and stronger regulatory oversight.

Three weeks before the FIDE presidential election, candidate Timur Turlov filed a complaint asking the Electoral Commission to remove rival candidate Wadim Rosenstein from the ballot and suspend the German Chess Federation's voting rights. The complaint alleges that Rosenstein's company WR Events signed a major sponsorship deal with the German Chess Federation in August 2026, after being appointed as the federation's FIDE Delegate and nominated for president, violating FIDE's electoral rules that prohibit giving anything of value to voting federations during campaigns.

Freedom Holding Corp. (NASDAQ: FRHC) announced an agreement to acquire 99.32% of Turkish Bank A.Ş. from Özyol Holding and the National Bank of Kuwait. The acquisition provides direct access to Turkey's 90 million-person banking market and is part of Freedom's international expansion strategy. Post-acquisition, Freedom plans to modernize the bank's technology and expand digital services, continuing its ecosystem development across multiple countries.

The Motley Fool has added Freedom Holding Corp. to its AI-driven Moneyball Portfolio, recognizing the company's financial performance, management quality, and strategic positioning in financial services and technology.

ITS trading platform introduced Kazakhstan's first Single Stock ETFs for seven U.S. companies, enabling fractional share investing with low entry thresholds and tax exemptions.

U.S. Treasury Secretary Janet Yellen warned on Thursday of the potential failure of non-bank lenders if household finances became stretched and the rate of delinquencies on loans rises. Speaking before a Senate Committee on Banking, Housing and Urban Affairs, the former Federal Reserve chair warned that the risk of failure of one or more of them in the sector was possible if the lending market became strained. Non-bank lenders rely on short-term funding instruments such as Treasury bills and commercial paper, and they don’t have access to the Fed’s emergency lending facility. Yellen said regulators were monitoring the risks. She said: “They're reliant on short-term financing that may be a lot less stable than deposits, and in stressful ...Full story available on Benzinga.com

U.S. stocks traded mixed, with the Dow Jones gaining around 80 points on Friday. Shares of Booz Allen Hamilton Holding Corporation (NYSE: BAH) rose sharply during Friday’s session after the company reported better-than-expected third-quarter financial results, increased its quarterly dividend and raised FY24 guidance. Booz Allen Hamilton posted adjusted earnings of $1.41 per share, beating market estimates of $1.14 per share. The company’s quarterly sales came in at $2.57 billion versus expectations of $2.54 billion, according to data from Benzinga Pro. Booz Allen Hamilton shares jumped 13.2% to $145.90 on Friday. Here are some other big stocks recording gains in today’s session. AppFolio, Inc. (NASDAQ: APPF) surged 25.7% to $219.23 after the company reported better-than-expected fourth-quarter financial results and issued guidance. Vera Therapeutics, Inc. (NASDAQ: VERA) gained 20.6% to $30.54. Raymond James analyst Steven Seedhouse upgraded ...

U.S. stock futures traded lower this morning on Tuesday. Here are some big stocks recording losses in today’s pre-market trading session. Design Therapeutics, Inc. (NASDAQ: DSGN) shares declined 37.9% to $4.55 in pre-market trading after the company reported second-quarter results and announced initial results from Phase 1 multiple-ascending dose study of DT-216 for the treatment of Friedrich Ataxia. Getty Images Holdings, Inc. (NYSE: GETY) declined 18.6% to $3.70 in pre-market trading after the company reported second-quarter earnings. Freedom Holding Corp. (NASDAQ: FRHC) fell 12.8% to $66.01 in pre-market trading. ...

Gainers TravelCenters of America Inc. (NASDAQ: TA) shares jumped 70.5% to $84.32 after BP announced it will acquire the company for $86 per share in cash. NexImmune, Inc. (NASDAQ: NEXI) rose 62% to $0.6640 after the company announced data showing AIM ACT T cells enhance the response to bispecific T cell engager therapy at the 2023 Tandem Meetings: Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTR. Ambrx Biopharma Inc. (NASDAQ: AMAM) climbed 52% to $2.7510 after the company reported initial data from its ongoing Phase 1 Apex-01 trial of ARX517 in prostate cancer patients, demonstrating prostate-specific antigen decrease of over 50% from baseline in 3 of 3 patients receiving 2.0mg/kg dose. Sorrento Therapeutics, Inc. (NASDAQ: SRNE) gained 39.2% to $0.2301. Sorrento Therapeutics recently said its Scintilla Pharmaceuticals unit commenced voluntary proceedings under Chapter 11 of US bankruptcy code. Inozyme Pharma, Inc. (NASDAQ: INZY) gained 35.1% to $2.9998 after the company reported topline data from its onging Phase 1/2 trials of INZ-701. Community Health Systems, Inc. (NYSE: CYH) shares climbed 34.5% to $6.83 after the company reported better-than-expected Q4 earnings. Intuitive Machines, Inc. (NASDAQ: LUNR) gained 32.6% to $16.90. Boxed, Inc. (NYSE: BOXD) rose 24.6% to $0.5513 after dropping around 8% on Wednesday. Talaris Therapeutics, Inc. (NASDAQ: TALS) gained 23.4% to $1.95. Talaris Therapeutics announced plans to discontinue its FREEDOM-1 and FREEDOM-2 trials evaluating FCR001's ability to induce durable tolerance in living donor kidney transplant recipients, primarily attributable to the pace of enrollment and the associated timeline. Esports Entertainment Group, Inc. (NASDAQ: GMBL) surged 22.3% to $0.0870. Service Properties Trust (NYSE: SVC) jumped 21.7% to $10.49. Service Properties Trust agreed to amended lease terms upon completion of BP’s acquisition of TravelCenters of America Inc. Ribbon Communications Inc. (NASDAQ: RBBN) gained 19.7% to $4.55 after the company reported better-than-expected Q4 sales. Freedom Holding Corp. (NASDAQ: FRHC) jumped 18.8% to $75.73 after the company announced it agreed to acquire Maxim Group for a total consideration of $400 million. Materion Corporation (NYSE: MTRN) gained 18.4% to $104.98 following Q4 results. Twilio Inc. (NYSE: TWLO) rose ...