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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.
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....
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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TSX Closer: The Index Closes Lower For the Third Time In Four Sessions
TSX Closer: The Index Closes Lower For the Third Time In Four Sessions
Aug 20, 2025
04:25 PM EDT, 08/19/2025 (MT Newswires) -- The Toronto Stock Exchange closed lower on Tuesday, falling or the third time in four sessions since posting a record close, as a September rate cut didn't become any more likely after today's inflation update, while National Bank has noted a flight of capital out of Canada into the United States despite a...
Japan's Nikkei falls a 2nd day, led lower by chip shares
Japan's Nikkei falls a 2nd day, led lower by chip shares
Aug 20, 2025
TOKYO, Aug 20 (Reuters) - Japan's Nikkei share average slid for a second day on Wednesday, coming off of record highs and dragged lower by chip-related companies. SoftBank Group plunged 8.29% while Advantest ( ADTTF ) , a maker of chip-testing equipment, lost 5.4%. The losses came after tech-heavy Nasdaq sank in U.S. trading overnight, with Nvidia ( NVDA )...
US Equity Indexes Mixed Following Declines in Technology, Communication Services
US Equity Indexes Mixed Following Declines in Technology, Communication Services
Aug 20, 2025
01:31 PM EDT, 08/19/2025 (MT Newswires) -- US equity indexes traded mixed after midday Tuesday as a decline in the so-called Magnificent 7 tech giants pushed technology and communication services lower, while Home Depot's ( HD ) results helped limit the downside for the Dow Jones Industrial Average. The Nasdaq Composite dropped 1.4% to 21,318.5 following an intraday decline in...
Sector Update: Health Care
Sector Update: Health Care
Aug 20, 2025
01:19 PM EDT, 08/19/2025 (MT Newswires) -- Health care stocks rose Tuesday afternoon, with the NYSE Health Care Index up 0.6% and the Health Care Select Sector SPDR Fund (XLV) adding 0.8%. The iShares Biotechnology ETF (IBB) increased 0.2%. In corporate news, Premier (PINC) shares jumped past 9% after it posted fiscal Q4 results that topped Wall Street estimates. ...
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WELL Health Update: Reports 32% Increase in Patient Visits For 2024; Buys Majority Stake in HEALWELL
WELL Health Update: Reports 32% Increase in Patient Visits For 2024; Buys Majority Stake in HEALWELL
Mar 31, 2025
09:17 AM EDT, 03/31/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) on Monday said total patient visits increased 32% to 5.7 million visits for the year ended Dec. 31, 2024. Total interactions, including online and billed provider hours, increased 37% to 8.7 million for the same period, the company said. Earlier on Monday Well Health announced it would...
Leidos Completes Test Launch of Small Cruise Missile
Leidos Completes Test Launch of Small Cruise Missile
Mar 31, 2025
09:16 AM EDT, 03/31/2025 (MT Newswires) -- Leidos Holdings ( LDOS ) said Monday it has completed a guided flight test of its small cruise missile, called Black Arrow, from an AC130J aircraft. The test, completed in November, demonstrated integration with the Naval Surface Center Battle Management System, the company said. Leidos ( LDOS ) said the test was conducted...
Big Tobacco targets Trump in hope - and fear - of change
Big Tobacco targets Trump in hope - and fear - of change
Mar 31, 2025
LONDON, March 31 (Reuters) - Big tobacco companies like British American Tobacco ( BTI ) are lobbying U.S. President Donald Trump's administration to crack down on illegal vapes, including via import bans on Chinese devices, documents show and industry consultants said. Tobacco groups, including BAT and Altria ( MO ), have complained that while waiting years for their own vapes...
Schlumberger Gets Woodside Energy Drilling Contract for Offshore Mexico Project
Schlumberger Gets Woodside Energy Drilling Contract for Offshore Mexico Project
Mar 31, 2025
09:21 AM EDT, 03/31/2025 (MT Newswires) -- Schlumberger ( SLB ) said Monday that it has received a drilling contract from Woodside Energy Group ( WDS ) for the ultra-deepwater Trion development project offshore Mexico. The contract covers 18 wells that will be delivered over a three-year period, Schlumberger ( SLB ) said. Schlumberger ( SLB ) said the contract...
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Australian Court Fines Kraken $8M Over Unauthorized Margin Lending Product
Australian Court Fines Kraken $8M Over Unauthorized Margin Lending Product
Dec 16, 2024
The Federal Court of Australia has imposed an $8 million fine on Bit Trade, the operator of the cryptocurrency exchange Kraken in the country, for offering an unapproved margin lending product to local customers. The penalty follows allegations by the Australian Securities and Investments Commission (ASIC) that the firm violated financial regulations by failing to assess customer suitability for the...
Ripple CTO David Schwartz Warns Against RLUSD FOMO Amid Launch Speculation
Ripple CTO David Schwartz Warns Against RLUSD FOMO Amid Launch Speculation
Dec 16, 2024
The stablecoin market has experienced remarkable growth in 2024, driven by rising cryptocurrency adoption and a surge in institutional participation. All eyes are now on Ripples newly approved stablecoin, Ripple USD, a.k.a. RLUSD. But Ripples Chief Technology Officer, David Schwartz, addressed concerns over potential price anomalies for the asset as it prepares to launch. Speculative Hype Around RLUSD Unnecessary In...
Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion
Upbit’s MOCA Listing Sparks 7,500% Trading Volume Explosion
Dec 16, 2024
Prominent exchange listings often ignite massive price surges for lesser-known tokens, especially during a bull market. South Korean crypto exchange giant Upbits announcement to list MOCA Network (MOCA), for one, has had a dramatic effect on its market performance. Whale Moves Millions in MOCA After Upbit announced the listing of MOCA, its price surge prompted two wallets, likely linked to...
Google Cracks Quantum: Is Your Bitcoin In Jeopardy?
Google Cracks Quantum: Is Your Bitcoin In Jeopardy?
Dec 17, 2024
Bitcoins price barreled upward Monday on increasing crypto exchange volume, with a +3% daily green candle and a +10% weekly jump. BTC whale wallets surged in accumulation as president-elect Donald Trump reaffirmed on CNBC that his administration plans to establish a strategic Bitcoin reserve. Were gonna do something great with crypto because we dont want China or anybody else not...
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