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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.
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.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
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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SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Sep 20, 2024
MUMBAI, Sept 20 (Reuters) - STOCKS: The benchmark BSE Sensex was up 0.1% to 84005, while the broader NSE index also advanced 1.5% to 25805, with both the indices hitting record highs, as an outsized interest rate reduction by the U.S. Federal Reserve and the anticipation of a soft landing boosted risk appetite. RUPEE: The Indian rupee rose 0.1% versus...
FedEx, Lennar And 3 Stocks To Watch Heading Into Friday
FedEx, Lennar And 3 Stocks To Watch Heading Into Friday
Sep 20, 2024
With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corp ( FDX ) reported weaker-than-expected results for the first quarter of fiscal 2025 and lowered its full-year guidance. The company reported first-quarter revenue of $21.6 billion, missing analyst estimates of $21.955 billion, according to Benzinga...
US STOCKS-Wall St set for subdued open as investors pause after rate cut-fuelled rally
US STOCKS-Wall St set for subdued open as investors pause after rate cut-fuelled rally
Sep 20, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Poll: Fed to cut rates by 25 bps in Nov and Dec * FedEx ( FDX ) falls on quarterly profit drop, forecast trim * Nike ( NKE ) jumps after appointing new CEO * Futures: Dow up 0.07%,...
US Equity Futures Mostly Flat as Exuberance Over Rate Cut Fades
US Equity Futures Mostly Flat as Exuberance Over Rate Cut Fades
Sep 20, 2024
08:59 AM EDT, 09/20/2024 (MT Newswires) -- US equity futures were little changed before the opening bell Friday as euphoria over Wednesday's Federal Reserve rate cut appeared to fade. Dow Jones Industrial Average futures slipped less than 0.1%, and S&P 500 futures and Nasdaq futures both edged down 0.1% Little major economic news is expected today. The Baker Hughes North...
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Soybean price within tight range – Forecast today - 20-05-2024
Soybean price within tight range – Forecast today - 20-05-2024
May 19, 2024
Soybean Price Analysis Expected Scenario The soybean price keeps moving within a tight sideways range, settling around the EMA50. There is no change to the expected bearish trend on the intraday basis, which targets testing $1193.10 initially. Breaking this level will push the price towards $1165.00 as the next negative station. The bearish trend will remain valid unless breaching $1231.20...
Wheat price touches the channel’s support line – Forecast today - 20-05-2024
Wheat price touches the channel’s support line – Forecast today - 20-05-2024
May 19, 2024
Wheat Price Analysis Expected Scenario The wheat price managed to touch the bullish channels support line on the chart. Starting today with a bullish bias hints at resuming the main bullish track within this channel. The EMA50 provides positive support to the price, while stochastic overlaps positively now. These factors encourage us to suggest a bullish bias for the upcoming...
Corn price awaits more decline – Forecast today - 20-05-2024
Corn price awaits more decline – Forecast today - 20-05-2024
May 19, 2024
Corn Price Analysis Expected Scenario The corn price provided clear negative trades in the previous sessions, moving away from the $461.90 level, reinforcing expectations of continuing the bearish trend. This trend targets $449.20 as the next main station. Moving below the EMA50 supports the suggested bearish wave, which will remain valid unless breaching $461.90 and holding above it. Expected Trading...
Brent oil price approaches the target – Forecast today - 20-05-2024
Brent oil price approaches the target – Forecast today - 20-05-2024
May 19, 2024
Brent Oil Price Analysis Expected Scenario Brent oil price continues to exhibit bullish bias, nearing the awaited positive target at 84.77$. It faces resistance from the correctional bearish channels upper boundary but receives positive support from the EMA50. We anticipate the continuation of the bullish trend, with a breach of the target level extending the upward movement to 85.80$ and...
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