Apple shares slip 3% after Barclays downgradeBarclays is the second brokerage to have the equivalent of a "sell" rating on the stock, which now has its most number of bearish recommend...
02 Jan, 2024, 08.40 PM IST
Brazilian lender Itau launches crypto tradingInitially, Itau's new service will allow trading of bitcoin, the most popular cryptocurrency, as well as ether, but the lender aims to late...
04 Dec, 2023, 03.55 PM IST
Louise Bourgeois' gigantic spider sculpture fetch $32 mn at SothebyTitled 'Maman', the sculpture was created by Bourgeoise in 1996.
19 May, 2023, 08.50 AM IST
Brazil's Nubank said to weigh a reduction in IPO valuationNubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more tha...
30 Nov, 2021, 11.54 AM IST
Singapore's Shopee changes the game in Brazil's ecommerce sectorShopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changin...
30 Aug, 2021, 11.55 AM IST
Buffett-backed Nubank to seek IPO valuation of over $55 bn: SourcesIn a recent funding round led by Warren Buffett's Berkshire Hathaway Inc, Nubank was valued at $30 billion. With 40 million clients in Lati...
26 Aug, 2021, 08.43 AM IST
Facebook relaunches WhatsApp money transfers in BrazilWhatsApp had launched its payments services in Brazil in June, but the central bank suspended it some days later alleging it could damage t...
05 May, 2021, 12.24 PM IST
Iron ore in free fall as port holdings expandIron ore’s in free fall. Prices dipped as port stockpiles in China expanded to the highest level in more than a year.
10 May, 2016, 07.03 AM IST
Ajay Banga, Satya Nadella among world's top 50 business leaders: FortuneAjay Banga & Satya Nadella have been named among the top 50 global business leaders by Fortune magazine, a list that is topped by Nike's Mi...
12 Nov, 2015, 10.56 PM IST
The 25 best-performing CEOs in the worldThe Harvard Business Review has released its list of the 100 best-performing CEOs on the planet.
13 Oct, 2015, 05.13 PM IST
India to have strong presence at WEF's Davos meetAmong other engagements, Finance Minister Arun Jaitley is expected to talk at WEF on how new leadership is transforming the business.
18 Jan, 2015, 04.52 PM IST
Global investment firms losing market share to local competitors in developing nationsStagnant revenue, job cuts and pressure to shrink quickly and curb compensation have weighed down banks based in London, Zurich and New Yor...
13 Feb, 2013, 12.19 PM IST
Defaults poised to grow from Brazil to India as rates climbState Bank of India, the nation's largest lender, said last month that higher provisions for bad debts cut fourth-quarter profit by 99%.
03 Jun, 2011, 12.35 PM IST
- Attractive valuations spark search for BRIC bargains
The biggest drop in emerging-market stocks since October 2008 is giving money managers the chance to find bargains in world-class companies...
05 Jun, 2010, 02.42 AM IST
- Banco Santander to invest $1.2 bn in Brazil unit
Spain's Banco Santander will invest $1.2 billion over the next two years in its Brazilian operations and open 400 new branches, bank presid...
01 Nov, 2008, 02.10 AM IST
- Slippery crude knocks Petrobras, Brazil real drops
Brazilian stocks eased on Friday as falling commodity prices knocked Petrobras and Vale, while the local currency fell sharply against the ...
23 Aug, 2008, 03.14 PM IST
- Daiwa and Brazil's Banco Itau to form ties
Japan's Daiwa Securities Group Inc will tie up with Brazil's Banco Itau in five areas including asset management and investment banking.
17 Jul, 2008, 05.50 AM IST