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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.
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.
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...
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Speculation of Attack on Israel, Uninspiring Bank Earnings Kick-off Send US Indexes Sharply Lower
Speculation of Attack on Israel, Uninspiring Bank Earnings Kick-off Send US Indexes Sharply Lower
Apr 12, 2024
01:31 PM EDT, 04/12/2024 (MT Newswires) -- US equity indexes and government bond yields slumped as concern of a strike against Israel sent crude and gold higher while mega-cap bank earnings underwhelmed. The S&P 500 dived 1.7% to 5,113.1, with the Nasdaq Composite down 1.8% to 16,144.2 and the Dow Jones Industrial Average 1.4% lower at 37,906.1 after midday Friday....
Sector Update: Energy
Sector Update: Energy
Apr 12, 2024
01:21 PM EDT, 04/12/2024 (MT Newswires) -- Energy stocks were declining Friday afternoon, with the NYSE Energy Sector Index decreasing 0.4% and the Energy Select Sector SPDR Fund (XLE) down 0.8%. The Philadelphia Oil Service Sector index was posting about a 3% drop, and the Dow Jones US Utilities index shed 0.9%. Front-month West Texas Intermediate crude oil was rising...
Sector Update: Health Care
Sector Update: Health Care
Apr 12, 2024
01:34 PM EDT, 04/12/2024 (MT Newswires) -- Health care stocks were retreating Friday afternoon, with the NYSE Health Care Index falling 1.4% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.8%. The iShares Biotechnology ETF (IBB) was sliding 2%. In corporate news, Zoetis ( ZTS ) tumbled more than 8% after a Wall Street Journal's report on dog...
Sector Update: Financial Stocks Falling Friday Afternoon
Sector Update: Financial Stocks Falling Friday Afternoon
Apr 12, 2024
01:44 PM EDT, 04/12/2024 (MT Newswires) -- Financial stocks were declining in Friday afternoon trading, with the NYSE Financial Index shedding 1.6% and the Financial Select Sector SPDR Fund (XLF) off 1.5%. The Philadelphia Housing Index was down 0.7% and the Real Estate Select Sector SPDR Fund (XLRE) decreased 1.2%. Bitcoin (BTC-USD) was down 2.2% at $68,487, and the yield...
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Donald Trump's ‘Truth Social’ opens to hundreds of beta testers ahead of expected launch
Donald Trump's ‘Truth Social’ opens to hundreds of beta testers ahead of expected launch
Feb 17, 2022
The testing of Truth Social comes a year after Donald Trump was banned from Facebook, Twitter and Alphabet's YouTube. His new media and technology venture, Trump Media & Technology Group (TMTG), has pledged to deliver an “engaging and censorship-free experience” on the app, which Chief Executive Devin Nunes has said will launch by the end of March.
Elon Musk tweets, then deletes, meme comparing Trudeau to Hitler
Elon Musk tweets, then deletes, meme comparing Trudeau to Hitler
Feb 17, 2022
Musk sent the tweet on Wednesday just before midnight in California, and had deleted it by midday on Thursday, without explanation. He did respond to a request for comment.Musk, the chief executive of Tesla Inc, in late January tweeted support for the Canadian truckers, who have shut down roads and bridges, drawing international attention to their opposition to health policies pushed by Trudeau's government.
Elon Musk's SpaceX helping restore internet in volcano, tsunami-hit Tonga
Elon Musk's SpaceX helping restore internet in volcano, tsunami-hit Tonga
Feb 9, 2022
A top official in neighbouring Fiji tweeted that a team from Elon Musk's SpaceX company was in Fiji establishing a station that would help reconnect Tonga through SpaceX satellites. SpaceX runs a network of nearly 2,000 low-orbit satellites called Starlink, which provides internet service to remote places around the world.
What's the 'Dial it Down' campaign in New Zealand?
What's the 'Dial it Down' campaign in New Zealand?
Feb 15, 2022
The Human Rights Commission of New Zealand is urging people to dial down COVID-19 related hostility, abuse, and rage.
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Market Chatter: Bunge's $8 Billion Viterra Take Over at Risk of Being Delayed
Market Chatter: Bunge's $8 Billion Viterra Take Over at Risk of Being Delayed
Jul 11, 2024
01:32 PM EDT, 07/11/2024 (MT Newswires) -- Bunge's (BG) $8 billion acquisition of Viterra could be delayed, as Canada, China and the European Union have not yet approved the deal, Bloomberg reported, citing people familiar with the matter. The deal is unlikely to get done by Bunge's mid-2024 target. The delay is because of antitrust concerns in various countries and...
Sector Update: Consumer
Sector Update: Consumer
Jul 11, 2024
01:32 PM EDT, 07/11/2024 (MT Newswires) -- Consumer stocks were in the red Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1%. In corporate news, Tesla (TSLA) shares tumbled 5.9% after Bloomberg reported a delay in the company's robotaxi project. ...
--Five9 Stakeholder Anson Funds Urges to Explore Sale, Reuters Reports
--Five9 Stakeholder Anson Funds Urges to Explore Sale, Reuters Reports
Jul 11, 2024
01:37 PM EDT, 07/11/2024 (MT Newswires) -- Price: 41.38, Change: +1.38, Percent Change: +3.44 ...
General Motors to Use $500 Million Government Grant for Lansing Grand River Assembly's Electrification
General Motors to Use $500 Million Government Grant for Lansing Grand River Assembly's Electrification
Jul 11, 2024
01:31 PM EDT, 07/11/2024 (MT Newswires) -- General Motors ( GM ) said Thursday that it has secured a $500 million grant from the US Department of Energy, which along with the company's own investment, will be used to shift its Lansing Grand River assembly in Michigan towards electrification. The cost-shared grant supports the production of hybrid, plug-in electric hybrid,...
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