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FAIRFAX NEWS
Govt weighs options to revive stalled IDBI Bank privatizationIndian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...- US-Iran ceasefire: Uneasy calm after West Asia truce breachThe violence erupted after US President Donald Trump announced "Project Freedom," which he described as a humanitarian effort to guide neut...
- Why are oil prices down today, and will Brent and US WTI crude futures continue to fall or rise again? Analysts insights, market outlook and what should investors do nowWhy are oil prices down today, and will Brent and US WTI crude futures continue to fall or rise again? Oil prices fell about 3% after a fra...
- Oil Price Today (May 5): Crude oil falls but holds above $110 as Iran war tensions persist. What are experts saying?Oil prices dipped Tuesday after a significant surge, as the U.S. Navy initiated operations to reopen the Strait of Hormuz. A U.S.-flagged v...
- India to scrap bids for majority stake in IDBI Bank: ReportIndia is set to shelve the bids it received for a majority stake in its state-owned IDBI Bank , as the amounts were below the minimum price...
- Kiefer Sutherland arrested over alleged rideshare assault in HollywoodActor Kiefer Sutherland was arrested near Sunset Boulevard and Fairfax Avenue after allegedly physically assaulting a rideshare driver. The...
- Govt may seek bids for $7 billion IDBI Bank stake this monthIndia is preparing to invite bids for its 60.72% stake in IDBI Bank Ltd., valued at approximately $7.1 billion. This move is a significant ...
- Trump administration to hold back grants from NYC, Chicago, Fairfax schools over bathroom policiesThree major US school districts face a $24 million funding cut. This is after they missed a deadline regarding transgender student policies...
- Prem Watsa donates $5 million to IIT-M’s brain research centreSudha Gopalakrishnan Brain Centre at IIT-M has developed a high-throughput histology pipeline that processes whole human brains into high-r...
- Fairfax refutes charges that Digit was falsely shown to be profitable in 2021Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the ...
- Less than 20 companies in US have our kind of track record, says Prem Watsa of Fairfax FinancialMuddy Waters has alleged that Fairfax was “The GE of Canada” and not the Berkshire Hathaway that it was touted to be in a report on 8 febru...
- Muddy Waters shorts Canada's Fairfax Financial, alleges asset value manipulationFairfax currently has a short interest of 0.65% of free float worth C$203.81 million ($151.36 million), with short sellers having made over...
- Fairfax stake in Bengaluru Airport not for sale: Prem Watsa"Fairfax's stake in Bangalore airport is not for sale," said Watsa, chairman of the $90-bn Toronto-headquartered Fairfax Financial Holdings...
- Australian media outlets liable for Facebook comments, court findsThe High Court dismissed an argument by some of Australia's largest media organisations — Fairfax Media Publications, Nationwide News and A...
- ICICI Bank to sell stake in general insurance arm via IPOFairfax offloaded part stake of 12.18% in ICICI Lombard for Rs 2,473 crore
- Promoters not tendering shares in Prem Watsa-led Fairfax India's offer to buy 26 per cent in IIFL Holdings: Nirmal Jain, chairman"Prem Watsa has been very bullish on India, and he has been one of the most vocal admirers and supporters of the present government. "
- Fairfax Media on a cost cutting spree, to slash 1,900 jobs in three yearsFairfax Media, which owns publications like 'The Sydney Morning Herald' and 'The Age', today said it will reduce its workforce by 1,900 peo...
- GM to expand US plants, invest $257 mnGeneral Motors Co, hoping to capitalize on its hot-selling sedans and a growing trust in American-made cars, says it will invest $257 milli...
- Russia warns Australia against scrapping uranium deal: reportAny decision by Australia to scrap a deal to sell uranium to Russia to protest its action in Georgia would be "politically biased" and econ...
- News Corp sells stake in Fairfax Media for $312 mRupert Murdoch’s News Corp has sold its entire 7.5% stake in rival Australian company Fairfax Media for around A$380 million (US$312 millio...
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