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Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Mar 22, 2024
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday. U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
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Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 7, 2024
Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** U.S. private equity firm KKR&Co ( KKR ) plans to help Japan's Fuji Soft go private under a management buyout worth about $4.09 billion, the Nikkei website said. ** British ad group WPP ( WPP ) is selling its controlling stake...
Exclusive-Samsung's 8-layer HBM3E chips clear Nvidia's tests for use, sources say
Exclusive-Samsung's 8-layer HBM3E chips clear Nvidia's tests for use, sources say
Aug 6, 2024
SINGAPORE/SEOUL (Reuters) -A version of Samsung Electronics' fifth-generation high bandwidth memory (HBM) chips, or HBM3E, has passed Nvidia's tests for use in its artificial intelligence (AI) processors, three sources briefed on the results said. The qualification clears a major hurdle for the world's biggest memory chipmaker which has been struggling to catch up with local rival SK Hynix in the...
Super Micro slides after margin, profit forecasts disappoint
Super Micro slides after margin, profit forecasts disappoint
Aug 7, 2024
(Reuters) - Super Micro Computer ( SMCI ) shares tumbled 12.3% in premarket trading on Wednesday as concerns over the high cost of producing AI server chips weighing on its profit forecast, eclipsing upbeat sales forecasts. The company's fourth-quarter adjusted gross margin was 11.3%, compared with analysts' average estimate of 14.1%, according to LSEG data, as Super Micro grappled with...
Growlink Secures Strategic Investment From Casa Verde To Support Cannabis AI Capabilities
Growlink Secures Strategic Investment From Casa Verde To Support Cannabis AI Capabilities
Aug 6, 2024
Growlink, a Denver based provider of controlled environment agriculture (CEA) solutions, recently announced the successful closure of a $2 million seed financing round led by Casa Verde. This investment marks a significant milestone for the company, known for its advanced controllers, sensors and cultivation software designed to optimize agricultural yield with minimal resources. Co-founders Ted Tanner and David Holmes bring...
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Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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Exxon to expand oil and gas output in Guyana, seeks permit for Longtail project
Exxon to expand oil and gas output in Guyana, seeks permit for Longtail project
Feb 12, 2025
GEORGETOWN, Feb 12 (Reuters) - A consortium led by Exxon Mobil ( XOM ) is getting ready for a very active year for exploration and production in Guyana amid upgrades that expanded the capacity of some of its floating facilities and the expected arrival of a fourth vessel, the head of the U.S. oil major in Guyana said on Wednesday....
Nxu Gets Shareholder Approval for Merger With Verde Bioresins; Shares Rise
Nxu Gets Shareholder Approval for Merger With Verde Bioresins; Shares Rise
Feb 12, 2025
10:12 AM EST, 02/12/2025 (MT Newswires) -- Nxu (NXU) and Verde Bioresins said Wednesday that Nxu shareholders have voted to approve their merger. The merger is expected to be completed in March, subject to the satisfaction of other closing conditions, the companies said. When completed, pre-merger Verde stockholders will own 95% of the combined company while pre-merger Nxu shareholders will...
--Koppers Raises Quarterly Dividend 14% to $0.08 a Share, Payable March 24 to Shareholders of Record on March 7
--Koppers Raises Quarterly Dividend 14% to $0.08 a Share, Payable March 24 to Shareholders of Record on March 7
Feb 12, 2025
10:21 AM EST, 02/12/2025 (MT Newswires) -- Price: 30.11, Change: -0.55, Percent Change: -1.79 ...
Factbox-What are Ukraine's critical minerals and why does Trump want them?
Factbox-What are Ukraine's critical minerals and why does Trump want them?
Feb 12, 2025
KYIV (Reuters) - U.S. Treasury Secretary Scott Bessent arrived in Kyiv on Wednesday to discuss a critical minerals deal as Ukraine vies to win the backing of U.S. President Donald Trump at a perilous diplomatic juncture in the war with Russia. Trump has said he wants Ukraine to supply the United States with rare earth minerals as a form of...
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