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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....
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...
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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Alcoa, Netflix And 3 Stocks To Watch Heading Into Thursday
Alcoa, Netflix And 3 Stocks To Watch Heading Into Thursday
Oct 17, 2024
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Travelers Companies, Inc. ( TRV ) to report quarterly earnings at $3.64 per share on revenue of $11.49 billion before the opening bell, according to data from Benzinga Pro. Travelers shares gained 0.9%...
Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; Taiwan Semiconductor Manufacturing to Advance, NuScale Power to Decline
Social Buzz: Wallstreetbets Stocks Mixed Premarket Thursday; Taiwan Semiconductor Manufacturing to Advance, NuScale Power to Decline
Oct 17, 2024
06:47 AM EDT, 10/17/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Thursday's opening bell. Taiwan Semiconductor Manufacturing ( TSM ) advanced by 8.2% premarket, following a 0.2% increase from the previous session. Taiwan Semiconductor Manufacturing ( TSM ) reported Q3 earnings of 12.54 new Taiwan dollars ($0.39) per diluted share, up from...
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
U.S. chip stocks rally as TSMC's AI-backed outlook impresses investors
Oct 17, 2024
(Reuters) - U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co ( TSM ), the world's largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen...
Dow Hits Another Record Close: Investor Sentiment Improves, But Fear Index Remains In 'Greed' Zone
Dow Hits Another Record Close: Investor Sentiment Improves, But Fear Index Remains In 'Greed' Zone
Oct 17, 2024
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the Dow Jones index surging to a record close during the session. Morgan Stanley ( MS ) shares gained 6.5% after the bank topped market estimates for both...
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The9 Unit Forms AI Algorithms Marketing Joint Venture With ShaoXing TongZe Network Technology
The9 Unit Forms AI Algorithms Marketing Joint Venture With ShaoXing TongZe Network Technology
Oct 10, 2024
05:26 AM EDT, 10/09/2024 (MT Newswires) -- The9 ( NCTY ) said Wednesday its Shanghai The9 Information Technology unit signed a joint venture agreement with ShaoXing TongZe Network Technology to operate an artificial intelligence algorithms and big data marketing business. Under the agreement, The9 ( NCTY ) will own a 51% stake in the joint venture and its partner will...
Woodside Energy Group Completes Acquisition of Tellurian
Woodside Energy Group Completes Acquisition of Tellurian
Oct 10, 2024
05:42 AM EDT, 10/09/2024 (MT Newswires) -- Woodside Energy Group ( WDS ) said late Tuesday it has completed its $900 million acquisition of Tellurian (TELL) and its US Gulf Coast Driftwood LNG project, which it has renamed to Woodside Louisiana LNG. The company said it purchased Tellurian for an implied enterprise value of about $1.2 billion. Price: 17.69, Change:...
Hurricane Milton could cost insurers $60 billion, raise reinsurance rates, RBC says
Hurricane Milton could cost insurers $60 billion, raise reinsurance rates, RBC says
Oct 10, 2024
LONDON (Reuters) - Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies' shares, analysts at RBC Capital said. The Category 5 hurricane is due to make landfall on the Gulf Coast of Florida late on Wednesday or early Thursday, and is potentially...
Factbox-Airlines suspend flights as Middle East tensions rise
Factbox-Airlines suspend flights as Middle East tensions rise
Oct 10, 2024
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES The Greek airline cancelled flights to and from Beirut until Oct. 31 and to and from Tel...
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Here’s Why Ripple (XRP) Could Hit a New ATH This Year (Analysts)
Here’s Why Ripple (XRP) Could Hit a New ATH This Year (Analysts)
Jan 13, 2025
TL;DR Analysts predict XRP could hit new highs, citing flipped resistances and strong chart patterns. $2.5 billion in XRP accumulated by whales recently signals confidence, reducing supply and boosting price potential. Where Next? It has been another interesting week for the cryptocurrency market, during which numerous leading digital assets experienced enhanced volatility. Ripples XRP was no exception, with its price...
BTC Plunges Below $91K for the First Time Since November, Leaves $500M in Liquidations
BTC Plunges Below $91K for the First Time Since November, Leaves $500M in Liquidations
Jan 13, 2025
Just a few hours ago, bitcoins price was close to breaking above $96,000, but the bears took complete control of the market, and the asset dumped to its lowest level since November 26. The altcoins are in a state of freefall as well, with ETH beneath $3,100 and XRP under $2.4, while ADA, SUI, and many others have plummeted by...
$100B Wiped From Crypto Markets as Bitcoin Sinks $3K in Hours (Market Watch)
$100B Wiped From Crypto Markets as Bitcoin Sinks $3K in Hours (Market Watch)
Jan 13, 2025
Bitcoins price soared toward $96,000 during the Monday morning Asian trading session but was quickly stopped there and pushed south hard. The altcoins are taking this beating even harder, with massive price drops from the likes of ADA, SUI, AVAX, LINK, and many others. BTC Dumps by $3K The previous trading week went in a highly volatile fashion as BTC...
Ethereum Bulls Eye $20K Despite Recent Slump and Supply Inflation
Ethereum Bulls Eye $20K Despite Recent Slump and Supply Inflation
Jan 13, 2025
Ethereum prices are back in the doldrums after slumping more than 11% over the past week. The network is also facing inflationary pressures as the ETH supply returns to pre-merge levels due to low demand. Nevertheless, the Ether bulls remained upbeat and confident that this year will see a new all-time high for the asset. In a post on X...
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