Meta’s $677 billion rout boots it out of world’s top 20 stocksMeta was the sixth biggest US company by market capitalization at the start of the year, flirting with a $1 trillion market value. Fast for...
27 Oct, 2022, 07.21 PM IST
How the Ukraine-Russia war rattled global financial marketsRecessions now look almost certain in Europe as prices of gas, critical for households and industry, more than trebled since June alone on ...
25 Aug, 2022, 10.32 AM IST
Musk needs ‘massive loan’ or big Tesla sale to buy TwitterElon Musk’s proposed all-cash offer to buy Twitter Inc. represents about one-sixth of his $250.6 billion fortune. Yet the vast majority of ...
15 Apr, 2022, 05.15 PM IST
Didi shares plunge more than 20% on plan to delist from NYSEThe company's shares fell 22.17%, losing about $8.4 billion in market value. At their Friday close of $6.07, Didi shares have fallen about ...
04 Dec, 2021, 10.44 AM IST
Luxury, mining stocks weigh on Europe ahead of US inflation dataThe region-wide STOXX 600 index was down 0.1% undoing some of Monday's gains and cementing its losses for September, known to be a volatile...
14 Sep, 2021, 02.54 PM IST
Federal Reserve to taper bond buying in fourth quarter: EconomistsIn the survey, about 45% of the economists expect the Federal Open Market Committee to announce tapering in the fourth quarter with 14% see...
26 Apr, 2021, 04.27 PM IST
Nvidia in advanced talks to buy SoftBank’s chip company ArmA deal for Arm could be the largest ever in the semiconductor industry, which has been consolidating in recent years as companies seek to d...
31 Jul, 2020, 08.25 PM IST
China uses corrupt leaders to make inroads into economically weaker countries like Nepal: ReportKathmandu [Nepal], July 13 (ANI) China uses corrupt leaders of economically weak countries to make inroads into those nations- Nepal being ...
13 Jul, 2020, 10.35 AM IST
Wirecard says missing $2.1 billion likely do not exist, withdraws resultsThe former German stock market darling, which processes payments for companies including Visa and Mastercard, has seen billions of euros wi...
22 Jun, 2020, 11.29 PM IST
One theory why Lyft, Uber IPOs flopped: special purpose vehiclesUber’s IPO flop suggests investors are growing wary of the business prospects in ride-hailing.
17 May, 2019, 04.38 PM IST
Credit Suisse risks 3rd straight loss on Trump tax overhaulThe new tax bill means both “Credit Suisse and UBS will have to book a loss.
25 Dec, 2017, 10.17 AM IST
Trading halts, confusion from India to Indonesia on manic MondayBrokers said that confusion reigned even after the venues had announced the suspensions.
10 Jul, 2017, 08.05 PM IST
European shares rally on hopes of Greek debt dealShares in other southern European markets also outperformed, with Spain's IBEX up 1.6 per cent and Italy's MIB up 1.8 per cent.
03 Feb, 2015, 03.08 PM IST
- Non-US investors cheated by Madoff get $ 15.5 bn from banks
As many as 720,000 investors outside the US, who lost their money to fraudster Bernard L Madoff, have received about $ 15.5 billion as part...
25 May, 2010, 05.33 PM IST
- Swiss banks refuse blame for foreign clients' tax evasion
Swiss banks cannot be expected to police foreign clients' tax affairs, one of the country's top banking officials on Monday, rejecting Germ...
06 May, 2008, 01.13 AM IST