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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.
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...
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Sector Update: Financial
Sector Update: Financial
Apr 23, 2024
03:38 PM EDT, 04/23/2024 (MT Newswires) -- Financial stocks advanced in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.8% and the Financial Select Sector SPDR Fund (XLF) up 0.6%. The Philadelphia Housing Index popped 2.8%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.8%. Bitcoin (BTC-USD) shed 0.4% to $66,590, and the yield for 10-year...
Sector Update: Consumer Stocks Higher in Late Afternoon Trading
Sector Update: Consumer Stocks Higher in Late Afternoon Trading
Apr 23, 2024
03:45 PM EDT, 04/23/2024 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.3%. Redbook US same-store sales in the week ended April 20 rose 5.3% from a year earlier after a 4.9% increase in the previous week. In...
Equity Markets Higher Ahead of Tesla Results
Equity Markets Higher Ahead of Tesla Results
Apr 23, 2024
03:47 PM EDT, 04/23/2024 (MT Newswires) -- US benchmark equity indexes were higher ahead of Tuesday's close, as investors assessed the latest batch of corporate earnings and economic data while awaiting Tesla's (TSLA) results. The Nasdaq Composite was up 1.7% at 15,711.2, while the S&P 500 gained 1.2% to 5,071.6. The Dow Jones Industrial Average rose 0.7% to 38,504.6. Among...
Sector Update: Health Care Stocks Rise Late Afternoon
Sector Update: Health Care Stocks Rise Late Afternoon
Apr 23, 2024
03:56 PM EDT, 04/23/2024 (MT Newswires) -- Health care stocks gained late Tuesday afternoon, with the NYSE Health Care Index climbing 1.3% and the Health Care Select Sector SPDR Fund (XLV) adding 1.2%. The iShares Biotechnology ETF (IBB) climbed 1.8%. In corporate news, Sanofi ( SNY ) asked banks to submit proposals for roles on the potential spinoff or sale...
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Dutch prime minister promises action to help tech startups thrive
Dutch prime minister promises action to help tech startups thrive
Feb 12, 2025
THE HAGUE, Netherlands, Feb 12 - Dutch Prime Minister Dick Schoof said his government was seeking to boost the country's technical startups and lure venture capital, after industry research on Wednesday showed the sector was flagging. As a leader in chip equipment and home to the world's biggest chip equipment maker ASML, the Netherlands' economy is reliant on related startups...
China's purchases of chipmaking equipment to decline in 2025, consultancy says
China's purchases of chipmaking equipment to decline in 2025, consultancy says
Feb 11, 2025
BEIJING/SHANGHAI (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. China has been the biggest buyer of wafer fabrication equipment for at least the past two years, purchasing $41 billion worth of tools...
Shopify Secures 12% Of US E-Commerce Pie As Reebok, Champion, And Warner Music Join Platform
Shopify Secures 12% Of US E-Commerce Pie As Reebok, Champion, And Warner Music Join Platform
Feb 12, 2025
Shopify Inc. ( SHOP ) announced that it has captured 12% of the U.S. e-commerce market share, expanding from its origins as a platform for small businesses. What Happened: During its fourth quarter of 2024 earnings call, the e-commerce giant revealed this milestone alongside a strategic push into enterprise-level commerce. As of June 2022, Amazon.com Inc ( AMZN ) dominated...
Dutch prime minister promises action to help tech startups thrive
Dutch prime minister promises action to help tech startups thrive
Feb 12, 2025
THE HAGUE, Netherlands - Dutch Prime Minister Dick Schoof said his government was seeking to boost the country's technical startups and lure venture capital, after industry research on Wednesday showed the sector was flagging. As a leader in chip equipment and home to the world's biggest chip equipment maker ASML, the Netherlands' economy is reliant on related startups for future...
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Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
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.
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.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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.
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Update: Rezolve Ai Reaffirms Recurring Sales Outlook Over $200 Million; Shares Extend Gains Premarket
Update: Rezolve Ai Reaffirms Recurring Sales Outlook Over $200 Million; Shares Extend Gains Premarket
Mar 10, 2026
04:51 AM EST, 12/17/2025 (MT Newswires) -- (Updates with the stock move in the headline and the third paragraph.) Rezolve Ai ( RZLV ) said Tuesday it expects December revenue to exceed $17 million and reaffirmed its full-year 2026 recurring revenue outlook of $500 million or more. One analyst surveyed by FactSet expects $264 million. The company's estimates are based...
Market Chatter: Shell to Sell 37.5% Stake in Germany's PCK Schwedt Oil Refinery
Market Chatter: Shell to Sell 37.5% Stake in Germany's PCK Schwedt Oil Refinery
Mar 10, 2026
03:09 PM EST, 12/16/2025 (MT Newswires) -- Shell (SHEL) has renewed efforts to sell its 37.5% stake in Germany's PCK Schwedt oil refinery as it seeks to exit an asset linked to Russia-related sanctions, Reuters reported Tuesday, citing three sources familiar with the matter. Shell has opened a data room for potential buyers and is seeking offers by January-end, roughly...
Ford Shows 'Bold Action' With $19.5 Billion Write-Down, UBS Says
Ford Shows 'Bold Action' With $19.5 Billion Write-Down, UBS Says
Mar 10, 2026
03:08 PM EST, 12/16/2025 (MT Newswires) -- Ford Motor's ( F ) $19.5 billion write-down on its electric vehicle assets is a bold action that will change its footprint while entering new business, UBS said in a Monday note. We see this as a bold action and write down that likely removes years of future losses, the report said. The...
TotalEnergies Sells 50% Stake in Greek Renewables Portfolio for $595.4 Million
TotalEnergies Sells 50% Stake in Greek Renewables Portfolio for $595.4 Million
Mar 10, 2026
04:46 AM EST, 12/17/2025 (MT Newswires) -- TotalEnergies SE ( TTE ) said Wednesday that it has completed the sale of a 50% stake in its 424 MW wind and solar portfolio in Greece to Asterion Industrial Partners for 508 million euros ($595.4 million), or about 1.2 million euros per MW. The company said the sale fits its renewable strategy...
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Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data
Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data
Mar 22, 2024
Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoins...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
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