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.
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.
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...
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 >
US STOCKS-Futures steady ahead of big bank earnings
US STOCKS-Futures steady ahead of big bank earnings
Apr 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures: Dow up 0.17%, S&P up 0.03%, Nasdaq down 0.07% April 12 (Reuters) - U.S. stock index futures traded in a tight range on Friday as investors awaited earnings reports from big U.S. banks to gauge how corporate America...
Citigroup, JPMorgan And 3 Stocks To Watch Heading Into Friday
Citigroup, JPMorgan And 3 Stocks To Watch Heading Into Friday
Apr 12, 2024
With U.S. stock futures trading slightly higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Citigroup Inc. ( C ) to report quarterly earnings at $1.20 per share on revenue of $20.39 billion before the opening bell. The bank reported earnings of $2.19 per share on revenue of...
Japan's Nikkei rises as tech shares track US peers, Fast Retailing weighs
Japan's Nikkei rises as tech shares track US peers, Fast Retailing weighs
Apr 11, 2024
TOKYO, April 12 (Reuters) - Japan's Nikkei share average rose on Friday as technology stocks tracked the strength in their U.S. peers overnight, although a decline in Uniqlo-parent Fast Retailing ( FRCOF ) limited the gains. The Nikkei was up 0.51% at 39,642.66 by the midday break and is set to clock an increase of 1.67% for the week. The...
Fear & Greed Index Moves To 'Greed' Zone Following PPI Data; Nasdaq record Sharp Gains
Fear & Greed Index Moves To 'Greed' Zone Following PPI Data; Nasdaq record Sharp Gains
Apr 12, 2024
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, with the index moving to the Greed zone on Thursday. U.S. stocks closed mostly higher on Thursday, with the Nasdaq Composite settling at a record level during the session. On the economic data front, producer prices in the U.S. rose 0.2% month-over-month in March compared to...
Environment >
Technology >
Personal Finance >
Politics >
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.
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.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Retail >
Business >
K-Bro Linen to Benefit From Canada's Aging Population, Says Stifel Canada
K-Bro Linen to Benefit From Canada's Aging Population, Says Stifel Canada
Sep 21, 2025
01:59 PM EDT, 09/19/2025 (MT Newswires) -- K-Bro Linen ( KBRLF ) is a provider of linen and laundry services for the hospitality and healthcare sectors, servicing primarily hotels and hospitals in Canada and the UK at a ~50/50 geographic split. We identify KBL as a beneficiary of the aging population given its outsized exposure to hospitals, where inpatient hospital...
MOVES-Citigroup taps Adam Inzirillo from Cboe for equities business
MOVES-Citigroup taps Adam Inzirillo from Cboe for equities business
Sep 21, 2025
Sept 19 (Reuters) - Citigroup ( C/PN ) has hired Adam Inzirillo from Cboe Global Markets ( CBOE ) to lead its cash and futures execution platform within the bank's equities division, according to a person with knowledge of the matter. In his new role, Inzirillo will oversee Citi's electronic execution platform, focusing on trading algorithms and direct market access...
Lennar Shares Are Trading Lower Friday: What's Going On?
Lennar Shares Are Trading Lower Friday: What's Going On?
Sep 21, 2025
Lennar Corporation ( LEN ) shares are trading lower Friday after the company reported worse-than-expected third quarter financial results on Thursday. What To Know: Lennar ( LEN ) reported adjusted earnings per share of $2.00, missing the consensus estimate of $2.10. In addition, the company reported sales of $8.81 billion, missing the consensus estimate of $8.99 billion. New orders increased...
Fitness tracking app Strava looks to hire banks for IPO
Fitness tracking app Strava looks to hire banks for IPO
Sep 21, 2025
(This Sept. 17 story has been refiled to add dropped words in paragraph 3) By Echo Wang and Milana Vinn (Reuters) - Strava, the popular fitness tracking platform, is looking to hire investment banks for its U.S. initial public offering, people familiar with the matter said. The San Francisco-based company, valued at $2.2 billion in a funding round completed in May,...
Economy >
Cryptocurrency >
Polymarket Election Betting Rife With Wash Trading: Report
Polymarket Election Betting Rife With Wash Trading: Report
Oct 31, 2024
Polymarket’s odds as an election indicator have been questioned in a new report despite its widespread citation in mainstream media. On Oct. 30, Fortune reported that analysts at two crypto research firms had found evidence of “rampant wash trading” on the blockchain betting platform. The findings come from separate investigations completed by Chaos Labs and Inca Digital. Spurious Betting Activity?...
Bitcoin Dominance Skyrockets to 3.5
Bitcoin Dominance Skyrockets to 3.5
Oct 31, 2024
Despite failing to break its March 2024 all-time high of $73,740, bitcoin still stands tall, close to that level, and its dominance over the altcoins has soared to a new multi-year peak. This comes as most altcoins have struggled in the past 24 hours, charting minor losses. BTC Dominance on the Rise The primary cryptocurrencys most recent rally started on...
Bhutan’s Govt
Bhutan’s Govt
Oct 31, 2024
The Royal Government of Bhutan has made a significant move by depositing 929 BTC into crypto exchange Binance. The activity was flagged shortly after BTC climbed above $70,000 for the first time since June 10. Bitcoin Transfer to Binance In its latest tweet, Lookonchain cited data from Arkham Intelligence, which revealed that the Bhutan government-linked wallet transferred the stash worth...
Stablecoins Will Thrive Over CBDCs: Circle CEO (Binance Blockchain Week)
Stablecoins Will Thrive Over CBDCs: Circle CEO (Binance Blockchain Week)
Oct 31, 2024
Speaking at the current Binance Blockchain Week in Dubai, the CEO of Circle, the issuer of the second-largest stablecoin, expressed optimism regarding global regulation toward the sector. He also asserted that people would prefer privately-issued stablecoins over government-launched CBDCs, which has been evident in China. Allaire spoke a lot about the current regulatory environment in numerous countries and outlined the...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved