business-economy
More trouble for Boeing as 777X flight tests suspended after part failure
Boeing has been beset in recent years with concerns about safety and quality control, with a near-catastrophic incident on an Alaska Ai...
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Exclusive | SEBI chief Buch under fire; Subramanian Swamy alleges conflict of interest in Axis-Max Life deal
In February 2024, Bharatiya Janata Party (BJP) leader Subramanian Swamy filed a public interest litigation (PIL) in the Delhi High Cour...
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Edgar Bronfman Jr. Challenges Skydance Bid for Paramount
Skydance, run by David Ellison, cut a deal in July to buy Shari Redstones controlling shares at a price that would recapitalize the company ...
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Porsche commits capital to Varta's restructuring effort
Varta, which produces batteries for global automakers, industry, and consumers, had been trying to find a compromise with major shareholder ...
Read Article→Porsche commits capital to Varta's restructuring effort
Varta, which produces batteries for global automakers, industry, and consumers, had been trying to find a compromise with major shareholder ...
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Adani Group touts cash pile to soothe Hindenburg-fuelled concerns
The group is targeting Rs 100 billion to Rs 120 billion through share sale after its transmission arm completed a $1 billion fund raise. Thi...
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China's BYD to establish car plant in Karachi, marking its entry into Pakistan
BYD would be the first major new EV entrant into the Pakistani market, which completely lacks infrastructure for charging.
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Antfin Singapore to Sell $408 million stake in Zomato after strong earnings
Zomatos stock has been on this remarkable northward journey, giving multi-bagger returns of 110.68 per cent in 2024 alone. In two years, the...
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How Warren Buffett's $234.6 Billion Bet on T-Bills Outshines the Federal Reserve
In their recent earnings report, Berkshire revealed a notable increase in T-bill holdings, up from $130 billion at the end of the previous f...
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Stablecoin Market Surges $2.21 Billion in a Week as Tether, PYUSD lead the way
Tether, the cryptocurrency stable coin, was at the core of this increase, contributing 1.26 billion USDT to its supply, which now represents...
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New Starbucks CEO Brian Niccol Must Fix the Chain's Mobile App Problem
Niccol brings invaluable experience from his time at Chipotle, where he successfully dealt with similar challenges by simplifying digital or...
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Mississippi poultry plant reaches settlement with OSHA after teen's death in 2023
Fridays announcement was part of a news release following up on an investigation by the departments Occupational Safety and Health Administr...
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Insights for the week: Focus shifts to Fed’s Jackson Hole Interaction as Markets rebound
Investors are eagerly waiting for the Chair of the Federal Reserve, Jerome Powell, to deliver his speech at the Jackson Hole Symposium on Fr...
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Starbucks faces lawsuit over accusations of stealing the concept for coffee-flavoured lipstick
A company accusing Starbucks of stealing its idea for coffee-flavoured lipstick and lip gloss has sued the coffee chain for a third time.
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OpenAI shuts Iranian group's ChatGPT accounts over alleged attempts to influence US election
On Friday, OpenAI announced that it had disabled accounts used by an Iranian group to generate content for influencing the US presidential e...
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NAB reports profit decline, investors applaud margin stability
On Friday, National Australia Bank, the nations number three lender by total loans, posted that profit dropped for the June quarter, partly ...
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Kishida's exit stirs political uncertainty, casting shadows on BOJ’s delicate rate hike strategy
Japan’s Prime Minister Fumio Kishidas resignation is more likely to cause a hiccup in the Bank of Japans plan to steadily lift interest rate...
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TikTok challenges US allegations on China links in court appeal
The Chinese firm TikTok argued in a federal appeals court on Thursday that the US Department of Justice overstated the social media apps tie...
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California targets fuel price surges with mandatory gas reserves
California Governor Gavin Newsom Thursday floated a plan requiring oil refiners to maintain minimum reserves of gasoline to prevent price sp...
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Shareholders accuse Stellantis of stock price deception after disappointing earnings
A group of shareholders has filed a lawsuit in the United States against Stellantis, claiming the European-American automaker defrauded them...
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