Stocks extended their winning streak on Friday, hovering near an all-time intraday high just below the 95,000 mark, as upbeat developments, including the unlikelihood of an International Monetary Fund (IMF)-dictated mini-budget, fuelled a strong risk-on rally. During the early intraday trade, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Shares Index soared to a record high […]
New BMW M340i Launch: BMW has launched the new updated version of its popular performance sedan, the M340i, priced at Rs 74.90 lakh (ex-showroom). Positioned at the top of the 3-Series lineup but just below the M3, the M340i blends performance with luxury. BMW has reported selling over 1,000 units of this model in India […]
HYDERABAD: US-based magnetic sensing and power IC solutions provider Allegro MicroSystems has set up a research & development (R&D) facility in Hyderabad with plans to scale up its headcount to 500 in the near future from nearly 100 currently.The new R&D centre will be a centre of excellence (CoE) on analog and mixed signal design, […]
A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin. He laundered the stolen cryptocurrency with […]
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney might be proving the world’s most famous investor wrong. Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the […]
Last Updated:November 15, 2024, 06:30 IST After Guru Nanak Jayanti, the next stock market holiday will fall on 20th November 2024 for the Maharashtra Assembly General Elections Guru Nanak Jayanti: Are Stock Markets Open Today? Amid Guru Nanak Jayanti 2024 celebrations across the nation, some stock market investors are confused about whether the Indian stock […]
Getty Images The UK must “rebuild relations” with the EU “while respecting the decision of the British people” who voted to leave in 2016, the Bank of England’s governor will say later. Andrew Bailey’s Mansion House speech to investors will mark some of his strongest comments yet on Brexit, saying one of its consequences has […]
The new Wynn Casino and Lisboa Casino in Macao, China. Bob Henry | Universal Images Group | Getty Images Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the U.S. Securities and Exchange Commission. The filing indicates a passive position, though multiple people familiar with the […]
MUMBAI: Some listed Indian companies make royalty payments, mostly to promoters, at the cost of shareholders, a study by markets regulator Sebi showed. The study found that one out of four companies paid royalty at more than 20% of their net profit while some paid royalty, but didn’t pay dividend to shareholders.There were also instances […]
Jose Siri, #26 of Major League Baseball’s Houston Astros, steals second base as Dansby Swanson, #7 of the Atlanta Braves, is unable to handle the throw from Travis d’Arnaud, #16, in the eighth inning during Game 3 of the 2021 World Series at Truist Park in Atlanta on Oct. 29, 2021. Daniel Shirey | Major […]
