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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.
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.
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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Crypto Stocks Slump as Bitcoin, Ether Tumble
Crypto Stocks Slump as Bitcoin, Ether Tumble
Aug 5, 2024
Bitcoin and ether tumbled Monday as risk-off sentiment permeated global markets.Crypto ( CRCW )-related company shares followed suit, with many miners losing more than 10% in pre-market trading while crypto exchange Coinbase dropped 9%.Crypto ( CRCW )-related company stocks slid Monday as escalating tensions in the Middle East and concerns about the strength of the global economy sent bitcoin {{BTC}}...
U.S. futures tumble as recession fears grip investors
U.S. futures tumble as recession fears grip investors
Aug 5, 2024
(Reuters) - U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq falling nearly 4%, as fears of the United States slipping into a recession rippled through global markets. Stock markets from Asia to Europe took a beating and bond yields slid as investors rushed to safe-haven assets and investors bet the US Federal Reserve would need...
US STOCKS-U.S. futures tumble as recession fears grip investors
US STOCKS-U.S. futures tumble as recession fears grip investors
Aug 5, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 1.54%, S&P 500 2.19%, Nasdaq 3.47% Aug 5 (Reuters) - U.S. stock index futures tumbled on Monday, with those tied to the Nasdaq falling nearly 4%, as fears of the United States slipping into a recession...
EMERGING MARKETS-EM equities slump as US recession fears spark global selloff
EMERGING MARKETS-EM equities slump as US recession fears spark global selloff
Aug 5, 2024
(Updated at 0911 GMT) * Unwinding carry trade weighs on dollar, boosts yen * Indian rupee, Mexican peso tumble against the dollar * Circuit breakers triggered for multiple bourses * Turkish annual inflation falls to 61.78% in July By Lisa Pauline Mattackal Aug 5 (Reuters) - Emerging market equities around the world tumbled on Monday, as fears of a recession...
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Evening update for Bitcoin (BTCUSD) -29-08-2025
Evening update for Bitcoin (BTCUSD) -29-08-2025
Aug 29, 2025
The (BTCUSD) deepened its losses in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, forming a resistance that prevented the previous attempt of the price, amid the dominance of the main bearish trend on the short-term basis and its trading alongside a supportive bias line for the bearish trend, on...
A Look Into Apple Inc's Price Over Earnings
A Look Into Apple Inc's Price Over Earnings
Aug 29, 2025
In the current session, the stock is trading at $232.80, after a 0.10% spike. Over the past month, Apple Inc. ( AAPL ) stock increased by 15.03%, and in the past year, by 4.50%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be...
Evening update for Gold -29-08-2025
Evening update for Gold -29-08-2025
Aug 29, 2025
The (Gold) price wore green in its last trading on the intraday basis, breaching the main resistance level at $3,400, rising high taking advantage of the positive pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend and its trading alongside main and minor bias lines, besides the emergence of the positive signals...
Evening update for crude oil -29-08-2025
Evening update for crude oil -29-08-2025
Aug 29, 2025
The (crude oil) slipped lower in its last intraday trading, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, amid the dominance of bullish correctional wave on the short-term basis, with the continuation of the positive pressure that comes from its trading above EAM50, noticing the...
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
Apr 17, 2024
HONG KONG, April 17 (Reuters) - Morgan Stanley ( MS ) and HSBC ( HSBC ) are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting, with weaker dealmaking and sluggish markets in China and Hong Kong weighing on business prospects. Morgan Stanley ( MS ) is cutting at...
Most doses of Lilly's Mounjaro and Zepbound in limited availability, US FDA says
Most doses of Lilly's Mounjaro and Zepbound in limited availability, US FDA says
Apr 17, 2024
April 17 (Reuters) - The U.S. Food and Drug Administration website showed that most doses of Eli Lilly's ( LLY ) diabetes drug Mounjaro and weight-loss drug Zepbound would be available in limited amounts through the second quarter of this year due to increased demand. (Reporting by Bhanvi Satija in Bengaluru; Editing by Devika Syamnath) ...
China's cycle of dollar hoarding and weakening yuan gets vicious
China's cycle of dollar hoarding and weakening yuan gets vicious
Apr 17, 2024
(Corrects to delete quote in paragraph 6 following post publication review) SHANGHAI (Reuters) -Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in the world's second largest economy. This feedback loop has been playing...
Motor racing-Chinese fans hope Zhou can shrug off poor form on home debut
Motor racing-Chinese fans hope Zhou can shrug off poor form on home debut
Apr 17, 2024
SHANGHAI, April 17 (Reuters) - Zhou Guanyu's Chinese fans hope the country's first and only Formula One driver can shrug off a poor run of form and shine on his home debut to answer the critics who view his passport as the predominant reason he has a drive. Sauber's Zhou, who races in Shanghai this week in China's first grand...
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