Category : Business

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fisker aspired to build “the world’s most emotional and sustainable electric vehicles”. Instead, the company’s capital structure proved unsustainable as it filed for bankruptcy overnight Monday — no doubt an

Needham & Company analysts raised the price target for Reddit (RDDT) to $75 from $63 per share in a note Tuesday, maintaining a Buy rating on the social media platform’s stock. The investment firm said RDDT’s core advertising fundamentals and user adds are exceeding their prior estimates, and its operating

Invesco sees two rate cuts this year while KPMG sees six in 2025 Source link

“AI represents an unprecedented opportunity for AMD,” CEO of AMD, Lisa Su, told investors during the first-quarter earnings call this April. Last May, she entrusted president Victor Peng with the task of executing the company’s “broad AI strategy” and “significantly accelerating this key part of our business,” for which she

New Delhi: Annurag Batra, Founder exchange4media and Chairman BW Businessworld has been elected as a Member of the International Academy of Television Arts & Sciences, joining a group of over 900 members from over 60 countries, representing the world’s leading television and media companies.  Batra has also served as a 

[CAPTION]Brokers have to be prepared for days where there is a rush of users in the system. This is typically seen on days like Budget day or when election results, including state election results, are announced. Image: Shutterstock[/CAPTION] Users of Groww and Zerodha, the largest and second largest brokers in

In January 2023, the homegrown startup raised $8.3 million in a funding round led by Y Combinator, Draper Associates, and Bayhouse Capital | (Photo: X@ANI) 2 min read Last Updated : Jun 18 2024 | 10:48 AM IST Proptech startup Landeed on Tuesday said it has raised funds in

5 min read Last Updated : Jun 18 2024 | 12:23 AM IST China has opened an anti-dumping investigation into imported pork and its by-products from the European Union, a step that appears mainly aimed at Spain, the Netherlands and Denmark, in response to curbs on its electric vehicle

Oil prices advanced on Monday on hopes for a demand boost during the summer season in the northern hemisphere. At 1212 GMT, the benchmark Brent crude futures were higher by 33 cents, or 0.4 per cent, to $82.95 a barrel. US West Texas Intermediate crude futures added 25 cents, or

I am based in the UAE and have sold mutual funds and listed shares over the past year with gains of about ₹16 lakh. I have obtained TRC (taxation residency certificate) from the UAE tax authorities. TDS (tax deducted at source) has been deducted on both sales. An NRI (non-resident

SEC sues Texas man over bogus $200 million rescue * Virgin Orbit shares rose 33% post-offer * Virgin Orbit later filed for Chapter 11 bankruptcy By Jonathan Stempel June 17 (Reuters) – A Texas man was sued by the U.S. Securities and Exchange Commission on Monday over his alleged fraudulent