financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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...
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.
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....
World >
Market >
TSX Slumps at Midday With Commodities Posting Biggest Declines; Telecoms The Sole Gainer
TSX Slumps at Midday With Commodities Posting Biggest Declines; Telecoms The Sole Gainer
Sep 3, 2024
12:17 PM EDT, 09/03/2024 (MT Newswires) -- The TSX is down 282 points at midday, with nearly all sectors lower. This comes after Canada's main stock market on Friday closed just shy of Monday's record close. The biggest decliners today are miners, down 6.4% and energy, down 3%. Telecoms, and healthcare, both up 0.4%, are the sole gainers. Oil prices...
Sector Update: Health Care
Sector Update: Health Care
Sep 3, 2024
01:37 PM EDT, 09/03/2024 (MT Newswires) -- Health care stocks were mixed Tuesday afternoon with the NYSE Health Care Index little changed and the Health Care Select Sector SPDR Fund (XLV) up 0.1%. The iShares Biotechnology ETF (IBB) fell 1.4%. In corporate news, Vaxcyte ( PCVX ) shares surged 39% after the company said it plans to start a phase...
Exchange-Traded Funds, US Equities Lower After Midday Trading
Exchange-Traded Funds, US Equities Lower After Midday Trading
Sep 3, 2024
12:56 PM EDT, 09/03/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower Tuesday. Actively traded Invesco QQQ Trust (QQQ) fell 2.3%. US equity indexes were down after midday trading amid concerns about the health of the US economy following weak manufacturing data. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE)...
US Equity Indexes Decline as Technology Sinks Amid Volatility Spike
US Equity Indexes Decline as Technology Sinks Amid Volatility Spike
Sep 3, 2024
12:58 PM EDT, 09/03/2024 (MT Newswires) -- US equity indexes fell after midday Tuesday as technology shares slumped alongside a volatility spike. The S&P 500 dropped 1.5% to 5,561.5, with the Nasdaq Composite down 2.5% to 17,269.1 and the Dow Jones Industrial Average 1.2% lower at 41,077.4. The US observed the Labor Day on Monday. Technology sat at the bottom...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Goldman Sachs shuffles management to strengthen Wall Street business
Goldman Sachs shuffles management to strengthen Wall Street business
Jan 21, 2025
Jan 21 (Reuters) - Goldman Sachs ( GS ) is tapping a slew of executives to lead its most important Wall Street businesses, it said on Tuesday. ...
Municipal Bond Offerings This Week See High Flood and Wildfire Scores
Municipal Bond Offerings This Week See High Flood and Wildfire Scores
Jan 21, 2025
08:56 AM EST, 01/21/2025 (MT Newswires) -- Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data. A $23 million offering from Avalon, N.J., records a Flood Score of 5.0 out of 5.0, ICE reports. Locations with a component Physical Climate Risk Score, which includes Flood,...
Lonestar's moonshot: Firm aims to place data center on lunar surface
Lonestar's moonshot: Firm aims to place data center on lunar surface
Jan 21, 2025
Jan 21 (Reuters) - Lonestar Data Holdings is reaching for the moon in its quest to place the first physical data center on the lunar landscape. The space startup will use SpaceX's Falcon 9 rocket to launch a fully assembled data center late next month by integrating it with Intuitive Machines' ( LUNR ) moon lander, Athena, it said on...
Climate shift to help boost StanChart income by almost $1 billion, CEO says
Climate shift to help boost StanChart income by almost $1 billion, CEO says
Jan 21, 2025
DAVOS, Switzerland (Reuters) - Standard Chartered ( SCBFF ) is set to book almost $1 billion in income in 2025 from business geared towards helping clients meet sustainability goals, CEO Bill Winters told executives at the World Economic Forum in Davos, as he doubled down on supporting the net-zero agenda. The UK lender, which has pledged to mobilise $300 billion...
Economy >
Cryptocurrency >
USD/JPY Strength Highlights Japanese Yen’s Vulnerability to US Dollar Resurgence
USD/JPY Strength Highlights Japanese Yen’s Vulnerability to US Dollar Resurgence
May 8, 2024
Japanese Yen Prices, Charts, and Analysis Bank of Japan warns over Yen weakness.US dollar strength may force further intervention. Recommended by Nick Cawley Get Your Free JPY Forecast The Bank of Japan will closely monitor the FX market as USD/JPY pops back above 155.00, despite two rounds of ‘official’ intervention. Recent commentary by BoJ chief Kazuo Ueda suggests that the...
Top 10 RWA Cryptocurrencies by Development Activity: Details
Top 10 RWA Cryptocurrencies by Development Activity: Details
May 8, 2024
TL;DR The leading token in the real-world asset (RWA) category shows higher development activity compared to its rivals. Despite a recent dip in value, analysts are optimistic about a potential significant price rally for this asset in the near future. This is the Winner Real-world assets (RWA) represent certain physical assets, such as objects, properties, and others, and function on...
Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment
Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment
May 8, 2024
Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7, the firm disclosed its ownership of more than $1 billion in exchange-traded funds (ETFs). Susquehannas Crypto Portfolio The filing, submitted to the Securities and Exchange Commission, disclosed Susquehannas ownership of...
Ripple v. SEC Trial Entering Critical Phase: Here’s What You Need to Know
Ripple v. SEC Trial Entering Critical Phase: Here’s What You Need to Know
May 8, 2024
TL;DR The legal battle between Ripple and the US SEC has reached its trial stage, indicating a possible nearing settlement, though the complex nature of the case might extend its duration. The lawsuits resolution could greatly impact the cryptocurrency market, potentially driving significant price movements in XRP and other digital assets, depending on the outcome. On to the Next Chapter...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved