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.

　　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....

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.

　　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...

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...

(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,...

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...

03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...

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...

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...

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...

(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...

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.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

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.

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. 

GEORGETOWN (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. The group...

Financial giants have made a conspicuous bullish move on MercadoLibre ( MELI ). Our analysis of options history for MercadoLibre ( MELI ) revealed 8 unusual trades. Delving into the details, we found 62% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $121,236, and 5...

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....

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...

The bitcoin mine would use solar and storage technology from Tesla and be entirely run on renewable energy

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.