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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....
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.
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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US Equity Indexes Rise as China Stimulus Talk Boosts Basic Materials
US Equity Indexes Rise as China Stimulus Talk Boosts Basic Materials
Sep 26, 2024
01:21 PM EDT, 09/26/2024 (MT Newswires) -- US equity indexes rose after China's signal more stimulus is in the pipeline boosted basic materials and relatively strong macroeconomic data pushed government bond yields higher. The S&P 500 rose 0.2% to 5,732.8, after scaling an intraday record high of 5,767.37. The Dow Jones Industrial Average climbed 0.6% to 42,153.4 and the Nasdaq...
Crude Oil Prices Not Expected to Rise Further as Middle Eastern Oil Producers Stay Out of Conflict, Commerzbank Says
Crude Oil Prices Not Expected to Rise Further as Middle Eastern Oil Producers Stay Out of Conflict, Commerzbank Says
Sep 26, 2024
06:02 AM EDT, 09/25/2024 (MT Newswires) -- The escalating conflict in the Middle East has boosted crude oil prices recently, but there appears to be little chance for a significant widening of the oil price risk premium or a further price increase, Commerzbank said in a Tuesday note. Brent crude just recorded its strongest weekly increase since April and, for...
S&P 500 Hits Fresh Record High Amid Surge In Nvidia Shares: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone
S&P 500 Hits Fresh Record High Amid Surge In Nvidia Shares: Investor Sentiment Improves Further, Fear Index Remains In 'Greed' Zone
Sep 26, 2024
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, but the index remained in the “Greed” zone on Tuesday. U.S. stocks settled higher on Tuesday, with the S&P 500 jumping to a new high following a sharp increase in NVIDIA Corporation ( NVDA ) shares. Thor Industries, Inc ( THO ). reported better-than-expected earnings...
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Sep 26, 2024
MUMBAI, Sept 25 (Reuters) - STOCKS: The benchmark BSE Sensex was up 0.4% at 85,175, while the NSE index was up 0.3% at 26,018 on bets of another rate cut from the U.S. Federal Reserve. RUPEE: The Indian rupee rose 0.09% versus the U.S. dollar to 83.5925, tracking most of its Asian peers which were boosted by a rally in...
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Expert Ratings For MKS Instruments
Expert Ratings For MKS Instruments
Jul 10, 2024
In the preceding three months, 7 analysts have released ratings for MKS Instruments ( MKSI ) , presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...
In-Depth Examination Of 7 Analyst Recommendations For Cerence
In-Depth Examination Of 7 Analyst Recommendations For Cerence
Jul 10, 2024
In the latest quarter, 7 analysts provided ratings for Cerence ( CRNC ) , showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0...
Unpacking the Latest Options Trading Trends in Qualcomm
Unpacking the Latest Options Trading Trends in Qualcomm
Jul 10, 2024
High-rolling investors have positioned themselves bullish on Qualcomm ( QCOM ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in QCOM often signals that someone has privileged information. Today, Benzinga's options...
Bitcoin To Hit $200K In 2025: Analysts Say Core Scientific, Iren Energy Will Outperform
Bitcoin To Hit $200K In 2025: Analysts Say Core Scientific, Iren Energy Will Outperform
Jul 10, 2024
Analysts at research and brokerage firm Bernstein have initiated coverage on Core Scientific ( CORZ ) and Iren Energy with an outperform rating and reiterated their $200,000 price target for Bitcoin (CRYPTO: BTC). What Happened: The analysts, Gautam Chhugani and Mahika Sapra, highlighted the firms’ hybrid bitcoin mining and AI data center strategies as key factors, The Block reported. They...
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Elliott wins ISS support in Phillips 66 proxy battle
Elliott wins ISS support in Phillips 66 proxy battle
May 26, 2025
NEW YORK, May 12 (Reuters) - Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect all four of the activist's director nominees. Elliott, which owns a roughly $2.5 billion stake in Phillips, has been pushing the oil refiner, valued at $48...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Australia's Abacus Storage King rejects $1.2 billion takeover bid
Australia's Abacus Storage King rejects $1.2 billion takeover bid
May 26, 2025
May 13 (Reuters) - Australia's Abacus Storage King ( ABSKF ) said on Tuesday it had rejected an unsolicited takeover offer from a consortium of Ki Corporation and Public Storage ( PSA ) , which valued the firm at A$1.93 billion ($1.23 billion). In early April, a consortium of U.S.-based furniture manufacturer Ki Corporation and real estate investment trust Public...
US House Republicans seek to kill EV tax credit, loan program
US House Republicans seek to kill EV tax credit, loan program
May 26, 2025
WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into building more zero-emission vehicles as part of a broad-based tax reform bill. The proposal, which is set for a House Ways and Means Committee hearing on Tuesday, would repeal a $7,500 new-vehicle...
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South Korean Ex
South Korean Ex
Dec 22, 2024
Kim Nam-guk, a former South Korean lawmaker from the Democratic Party, is under legal scrutiny for allegedly concealing substantial cryptocurrency holdings in his 2021 and 2022 asset declarations. He is accused of omitting millions in crypto profits and transferring assets to bank accounts. Hidden Crypto Profits A local news outlet, Donga, prosecutors have requested a six-month prison sentence for Kim,...
Euro
Euro
Dec 22, 2024
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these tokens have notched a new record in terms of monthly volumes after attracting liquidity and institutional players across the region. MiCA Spurs Euro-Backed Stablecoin Adoption Monthly volumes for euro-backed stablecoins...
ISIS Crypto Fundraiser Mohammed Chhipa Faces 20 Years After Conviction in Virginia
ISIS Crypto Fundraiser Mohammed Chhipa Faces 20 Years After Conviction in Virginia
Dec 22, 2024
Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of Iraq and al-Sham (ISIS), which has been designated a terrorist organization by the United Nations and others. The charges stemmed from his actions between October 2019 and October 2022, during which he raised funds to assist female ISIS...
3 Things That Could Influence Crypto Markets This Week
3 Things That Could Influence Crypto Markets This Week
Dec 23, 2024
Crypto markets are in correction mode, dropping around 13% from their peak last week. There are a few economic reports due out this week despite it being a holiday period. However, they are unlikely to impact crypto markets. “We expect volatility from last week to carry over into early this week,” commented the Kobeissi Letter. Economic Events Dec. 23 to...
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