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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
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.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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.
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Nasdaq Closes at Record High Ahead of Consumer Inflation Report
Nasdaq Closes at Record High Ahead of Consumer Inflation Report
May 14, 2024
04:51 PM EDT, 05/14/2024 (MT Newswires) -- US benchmark equity indexes closed higher Tuesday, with the Nasdaq Composite reaching a new record, as markets analyzed remarks by Federal Reserve Chair Jerome Powell and awaited official April consumer inflation data due Wednesday. The technology-heavy Nasdaq rose 0.8% to 16,511.2. The S&P 500 gained 0.5% to 5,246.7, while the Dow Jones Industrial...
Sector Update: Energy
Sector Update: Energy
May 14, 2024
03:31 PM EDT, 05/14/2024 (MT Newswires) -- Energy stocks were easing late Tuesday afternoon, with the NYSE Energy Sector Index down 0.1% and the Energy Select Sector SPDR Fund (XLE) fractionally lower. The Philadelphia Oil Service Sector index was up 0.6%, and the Dow Jones US Utilities index was adding 0.1% Front-month West Texas Intermediate crude dropped 1.3% to $78.06...
MSCI publishes quarterly index review results
MSCI publishes quarterly index review results
May 14, 2024
May 14 (Reuters) - Index provider MSCI ( MSCI ) said on Tuesday that 42 securities will be added and 121 securities deleted from its widely followed MSCI ACWI index, as part of its quarterly review. The changes will be implemented as of market close on May 31. ...
Earnings bolster US stocks but crucial inflation report looms
Earnings bolster US stocks but crucial inflation report looms
May 14, 2024
(This May 10 story has been corrected to fix the CPI expectation number to say 0.4%, not 0.3%, in paragraph 7) By Lewis Krauskopf NEW YORK (Reuters) - A strong earnings season and blockbuster reports from tech industry titans fueled a U.S. stock market rebound from the first real swoon of 2024. Next week's inflation data could determine whether the...
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Textron Weighs Alternatives for Powersports Product Line
Textron Weighs Alternatives for Powersports Product Line
Dec 18, 2024
11:04 AM EST, 12/18/2024 (MT Newswires) -- Textron ( TXT ) is looking into strategic alternatives for its powersports product line, according to a regulatory filing Wednesday. The company said its specialized vehicles business has started to pause production of its powersports products as management weighs options. Powersports products will be paused indefinitely in the first half of 2025 after...
--Brooge Energy Shareholders File Fraud Complaint Against Ernst & Young, Reuters Reports
--Brooge Energy Shareholders File Fraud Complaint Against Ernst & Young, Reuters Reports
Dec 18, 2024
11:02 AM EST, 12/18/2024 (MT Newswires) -- Price: 1.47, Change: -0.12, Percent Change: -7.26 ...
Why Is Penny Stock Cognition Therapeutics Trading Over 93% On Wednesday?
Why Is Penny Stock Cognition Therapeutics Trading Over 93% On Wednesday?
Dec 18, 2024
Cognition Therapeutics, Inc. ( CGTX ) revealed positive results from the exploratory Phase 2 SHIMMER study demonstrating that CT1812 produced strong therapeutic responses across behavioral, functional, cognitive and movement measures in patients with dementia with Lewy bodies (DLB). The SHIMMER Phase 2 study enrolled 130 patients with mild-to-moderate DLB who were randomized to receive one of two oral doses of CT1812 or placebo...
What's Going On With Archer Aviation (ACHR) Stock?
What's Going On With Archer Aviation (ACHR) Stock?
Dec 18, 2024
Archer Aviation Inc ( ACHR ) shares are trading higher by 10.9% to $10.08 during Wednesday’s session and are higher by 38% over the trailing week. Archer last week announced an exclusive partnership with Anduril Industries to develop hybrid Vertical Take-Off and Landing (VTOL) aircraft for defense applications, targeting potential U.S. Department of Defense programs. To fund this initiative and...
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