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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.
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....
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.
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US STOCKS-Futures stall in lead-up to payrolls revisions, Fed minutes
US STOCKS-Futures stall in lead-up to payrolls revisions, Fed minutes
Aug 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow up 0.13%, S&P 500 up 0.04%, Nasdaq down 0.04% Aug 21 (Reuters) - U.S. stock index futures were largely flat on Wednesday, as investors remained on the sidelines ahead of the preliminary revisions to U.S. payrolls data...
From Stocks To Bonds: CBOE's VIXTLT Index Adds New Twist To Volatility
From Stocks To Bonds: CBOE's VIXTLT Index Adds New Twist To Volatility
Aug 22, 2024
Move over, VIX. There's a new volatility index in town, and this one's all about bonds. CBOE Global Markets recently introduced the VIXTLT Index, a real-time gauge for the U.S. Treasury market's next 30 days of expected volatility. Just as the VIX Index has become synonymous with tracking equity market nerves, the VIXTLT is here to give investors a pulse...
U.S. Bancorp to Provide Deposit and Credit Card Solutions to Edward Jones
U.S. Bancorp to Provide Deposit and Credit Card Solutions to Edward Jones
Aug 22, 2024
04:10 PM EDT, 08/21/2024 (MT Newswires) -- U.S. Bancorp ( USB ) will provide deposit and credit card solutions to Edward Jones, beginning in late 2025, the bank said Wednesday. The partnership will allow Edward Jones financial advisors to offer its US clients co-branded US Bank deposit and credit card products. Financial details weren't disclosed. Price: 43.70, Change: +0.02, Percent...
Traders Await Fed Minutes as US Equity Futures Post Narrow Gains Pre-Bell
Traders Await Fed Minutes as US Equity Futures Post Narrow Gains Pre-Bell
Aug 22, 2024
08:51 AM EDT, 08/21/2024 (MT Newswires) -- US equity futures were cautiously higher before Wednesday's opening bell as traders looked ahead to minutes from the last Federal Reserve meeting for clues about future monetary policy. The Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures increased 0.3%, and Nasdaq futures were up 0.2%. Oil prices were higher, with front-month...
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Silver price forecast update 19-04-2024
Silver price forecast update 19-04-2024
Apr 19, 2024
Silver Price Analysis Expected Scenario Silver price returns to test the key support at 28.00$. The EMA50 attempts to protect the expected positive scenario for today. Waiting to resume the bullish wave that its next main target reaches 29.80$. Reminding you that breaching 28.95$ will ease the mission to achieve the suggested target, while holding above 28.00$ represents a major...
Gold price forecast update 19-04-2024
Gold price forecast update 19-04-2024
Apr 19, 2024
Gold Price Analysis Expected Scenario Gold price faces temporary negative pressure after testing the bullish channels resistance line. It fluctuates around the 2385.00$ level now, while the EMA50 continues to provide positive support to the price. This keeps the chances valid to continue the main bullish trend, with targets beginning by breaching 2431.45$ to confirm rallying towards 2510.00$. On the...
Bitcoin price (BTCUSD) forecast update - 19-04-2024
Bitcoin price (BTCUSD) forecast update - 19-04-2024
Apr 19, 2024
Bitcoin Price (BTCUSD) Analysis Expected Scenario The Bitcoin price rallied upwards clearly to test the key resistance at 65391.75$ and hinted at the attempt to return to the main bullish track. Technical indicators provide negative signals that might push the price to decline again, making us stay aside until we get a clearer signal for the next trend. We will...
Crude oil price forecast update 19-04-2024
Crude oil price forecast update 19-04-2024
Apr 19, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price couldnt manage to hold for a long time above the 83.90$ level. It trades with strong negativity and loses the morning gains as it breaks the mentioned level. This leads to falling under expected negative pressure for the rest of the day, targeting testing 81.50$ initially. Noting that breaking this level...
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Miner backed by Canada province vows to compete with China in rare earths
Miner backed by Canada province vows to compete with China in rare earths
Oct 3, 2024
TORONTO (Reuters) -The Canadian province of Saskatchewan has vowed to compete with China in processing and production of rare earths and become the first North American commercial alternative source for the metals, used to make magnets for electric vehicles and wind turbines. The Saskatchewan Research Council Rare Earth Processing facility is betting on demand for these magnets to jump in...
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports
Oct 3, 2024
Sept 23 (Reuters) - The U.S. Department of Justice plans to file a lawsuit against Visa, the world's largest payments network operator, alleging that the company illegally monopolized the country's debit card market, Bloomberg News reported on Monday. The antitrust division is set to sue Visa in federal court as early as Tuesday, accusing it of various anticompetitive behaviors, the...
Vietnam, US firms sign MoUs on energy, AI, data centre - govt
Vietnam, US firms sign MoUs on energy, AI, data centre - govt
Oct 3, 2024
HANOI, Sept 24 (Reuters) - Vietnamese and U.S. firms have signed memorandums of understanding (MoUs) to cooperate in energy, AI and a data centre, the Vietnamese government said Tuesday. The MoUs were signed at a business forum in the United States, the government said in a statement. The MoUs include one on energy technology transfer signed by Vietnam's state oil...
Canada's antitrust regulator wins case against Cineplex over alleged misleading ticket prices
Canada's antitrust regulator wins case against Cineplex over alleged misleading ticket prices
Oct 3, 2024
Sept 23 (Reuters) - Canada's competition regulator on Monday said the Competition Tribunal found that Cineplex ( CPXGF ) engaged in drip pricing by adding a mandatory $1.50 online booking fee. Cineplex ( CPXGF ) was ordered to pay a penalty of nearly $39 million dollars, the Competition Bureau said in a release. ...
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Important Binance Announcement Affecting WIF and PEPE Traders
Important Binance Announcement Affecting WIF and PEPE Traders
Apr 10, 2024
TL;DR Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section. Binance Loans allows users to borrow funds using their crypto stash as collateral. The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users experiences. Most...
Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Apr 10, 2024
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official blog post on April 9th,...
SEC Files Notice Of Intent To Sue Uniswap Labs
SEC Files Notice Of Intent To Sue Uniswap Labs
Apr 10, 2024
The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC Uniswap Labs publicly confirmed the...
Ripple (XRP) Ready for a ‘Huge Bullish Tide,’ $1 Incoming?
Ripple (XRP) Ready for a ‘Huge Bullish Tide,’ $1 Incoming?
Apr 10, 2024
TL;DR XRP has seen significant volatility recently, with predictions suggesting a potential surge to $4 by early 2025. The anticipation of Ripples trial with the SEC on April 23 adds to the interest in XRP, with speculations that a favorable outcome for the firm could lead to a significant rally in the assets price. Ripples XRP experienced enhanced volatility in...
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