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.

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.

　　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....

　　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...

Emerson Electric Company ( EMR ) shares are trading lower premarket on Wednesday after the company reported first-quarter FY25 results. Net sales growth of 1% year over year (Y/Y) to $4.175 billion missed the consensus of $4.23 billion. Underlying sales were up 2% Y/Y and underlying orders increased by 1% Y/Y in the quarter. Sales by Segments: Final Control $940 million (+4%), Measurement & Analytical $947 million (+3%), Discrete Automation $613 million (-5%); Safety & Productivity $322...

08:05 AM EST, 02/05/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.5% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.8% in Wednesday's premarket activity amid disappointing earnings reports from major technology companies. US stock futures were mixed, with S&P 500 Index futures down 0.5%, Dow Jones Industrial...

08:40 AM EST, 02/05/2025 (MT Newswires) -- Technology stocks were falling premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was down 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 1.1% lower recently. Alphabet (GOOG, GOOGL) reported Q4 earnings late Tuesday that topped analysts' estimates and revenue that lagged market expectations. The company's shares were down 7.7% pre-bell...

(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Chipotle falls after tepid sales forecast * Disney ( DIS ) gains after Q1 results beat estimates * Futures down: Dow 0.04%, S&P 500 0.45%, Nasdaq 0.84% (Updates with analyst comment) By Shashwat Chauhan and Sukriti Gupta Feb 5...

The price of Bitcoin (BTCUSD) settled high in its recent intraday trading, amid the continuation of the clear dominance of the main bullish trend, moving alongside a minor bullish bias line on the short-term bias, reflecting the strength of the bullish momentum, and reinforces the continuation of the trading above EMA50, providing extra dynamic support. At the same time, the...

The (Gold) price rose in its last intraday trading, with a limited range of bullish trading, forming a flag pattern that is considered as a negative technical pattern, after the price affection by surpassing bullish channels range, indicating the possibility of the selling pressure continuation. Accompanied by the continuation of the negative pressure that comes from its trading below its...

The (AUDUSD) price declined sharply in its last intraday trading, with the stability of the stubborn and critical resistance level at 0.6535, attempting to gain positive momentum that might assist to breach this resistance, amid the dominance of the main bullish trend and its trading within a minor channels range on the short-term basis, supported by its trading above EMA50,...

The (EURUSD) declined in its last intraday trading, due to the stability of the significant resistance level at 1.1440, attempting to gain a positive momentum that might assist it to breach the critical resistance, at the same time the pair attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals...

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

By Maytaal Angel LONDON, Dec 4 (Reuters) - Global coffee prices have soared to their highest in nearly 50 years due to poor weather in Brazil and Vietnam, forcing roasters such as Nestle to raise prices and consumers to hunt for cheaper brews amid the cost of living crisis. Spiking prices will benefit farmers with the crop this year, but...

09:09 AM EST, 12/04/2024 (MT Newswires) -- Dollar Tree ( DLTR ) tightened its full-year earnings outlook range on Wednesday as it reported better-than-expected fiscal third-quarter results, while the discount retailer said Jeff Davis will step down as its finance chief. Per-share adjusted earnings are now set to come in between $5.31 and $5.51 for fiscal 2024, compared with the...

09:07 AM EST, 12/04/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.3% and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% higher. Foot Locker ( FL ) shares were down more than 17% after the company reported lower fiscal Q3 revenue and cut...

WASHINGTON, Dec 4 (Reuters) - U.S. government agencies will hold a classified briefing for all senators on Wednesday on China's alleged efforts known as Salt Typhoon to burrow deep into American telecommunications companies and steal data about U.S. calls, according to officials and a notice seen by Reuters. The FBI, Director of National Intelligence Avril Haines, Federal Communications Commission chair...

A widespread outage hit X on Monday which affected users across the world. Many experienced connectivity problems early in the day, with error messages appearing on their screens. Downdetector tracked a peak of 40,000 complaints as the service remained unstable for several hours. A hacker group with alleged Russian ties, known as Dark Storm, has now claimed responsibility for the...

Bitcoins (BTC) latest dump has market participants speculating whether there will be more bloodshed in the coming weeks or if the assets value will record a significant recovery. Market analytics firm Santiment has identified some on-chain indicators that can offer insight into bitcoins movement in the short term. According to Santiment, several on-chain metrics signal that the market still has...

Earlier in the week, Bitcoin (BTC) briefly plunged to a four-month low of under $77,000, giving gold advocate Peter Schiff another opportunity to ridicule crypto holders. With Ethereum (ETH) also hitting a 17-month low, slipping below $1,800, the outspoken economist didn’t hold back, questioning the logic behind the U.S. government holding cryptocurrencies as reserve assets. Schiff Trolls Crypto Traders Known...

Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a result, increased selling pressure from miners has compounded market instability. Miners Offload BTC to Cover Costs According to CryptoQuants latest...