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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....
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...
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.
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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Sector Update: Energy Stocks Softer Monday Afternoon
Sector Update: Energy Stocks Softer Monday Afternoon
Oct 22, 2024
01:55 PM EDT, 10/21/2024 (MT Newswires) -- Energy stocks were easing Monday afternoon, with the NYSE Energy Sector Index fractionally lower and the Energy Select Sector SPDR Fund (XLE) down 0.1%. The Philadelphia Oil Service Sector index was posting a 0.4% increase, and the Dow Jones US Utilities index was shedding 0.5%. Front-month West Texas Intermediate crude oil was rising...
US Equity Indexes Retreat as 10-Year Yield Surging to Highest in About 12 Weeks Hits Real Estate
US Equity Indexes Retreat as 10-Year Yield Surging to Highest in About 12 Weeks Hits Real Estate
Oct 22, 2024
01:40 PM EDT, 10/21/2024 (MT Newswires) -- US equity indexes fell in midday trading Monday amid surging government bond yields and a sell-off in real estate. The S&P 500 slid 0.3% to 5,848.2, the Dow Jones Industrial Average was down 0.6% to 42,997.6, and the Nasdaq Composite slipped less than 0.1% to 18,483.1 ahead of this week's earnings onslaught. Last...
Sector Update: Tech Stocks Mixed Monday Afternoon
Sector Update: Tech Stocks Mixed Monday Afternoon
Oct 22, 2024
02:00 PM EDT, 10/21/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) falling 1%. The Philadelphia Semiconductor index was decreasing 0.4%. In corporate news, SecureWorks ( SCWX ) agreed to be bought by Thoma Bravo-backed Sophos for $859 million in a cash...
Sector Update: Financial
Sector Update: Financial
Oct 22, 2024
01:41 PM EDT, 10/21/2024 (MT Newswires) -- Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index down 0.9% and the Financial Select Sector SPDR Fund (XLF) off 0.7%. The Philadelphia Housing Index was falling 2.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was dropping 2%. Bitcoin (BTC-USD) was declining 1.4% to $67,492, and the...
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Demystifying Snowflake: Insights From 33 Analyst Reviews
Demystifying Snowflake: Insights From 33 Analyst Reviews
Jul 8, 2024
Providing a diverse range of perspectives from bullish to bearish, 33 analysts have published ratings on Snowflake in the last three months. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 11 15 7 0 0 Last...
In-Depth Examination Of 20 Analyst Recommendations For ServiceNow
In-Depth Examination Of 20 Analyst Recommendations For ServiceNow
Jul 8, 2024
Ratings for ServiceNow ( NOW ) were provided by 20 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. 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 Bearish Bearish Total...
Samsung Workers Walk Out, Demand Pay Raise and Leave: Report
Samsung Workers Walk Out, Demand Pay Raise and Leave: Report
Jul 8, 2024
Employees at Samsung Electronics Co., Ltd. ( SSNLF ) reportedly started a three-day strike on Monday, demanding better pay. The union has warned of additional actions if South Korea’s largest conglomerate does not fulfill thier demands, reported Reuters. The National Samsung Electronics Union (NSEU), representing about 30,000 members or a quarter of the South Korean workforce, is also seeking an...
10 Analysts Assess BILL Holdings: What You Need To Know
10 Analysts Assess BILL Holdings: What You Need To Know
Jul 8, 2024
In the last three months, 10 analysts have published ratings on BILL Holdings ( BILL ) , offering a diverse range of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4...
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This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
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