RBI fines HDFC Bank and Bank of America for regulatory breaches
The Reserve Bank of India (RBI) has imposed monetary penalties on two major banks, HDFC Bank and Bank of America,…
Factbox-US Supreme Court case on SEC could have wide impact on agency enforcement
(Reuters) – The U.S. Supreme Court on Wednesday heard arguments on whether the U.S. Securities and Exchange Commission (SEC) has…
Walt Disney turns down Trian request for Board representation – activist investor to take case directly to shareholders
Activist investor Trian Fund Management said Thursday that Walt Disney (DIS) has turned down their request for Board representation. Trian…
Japan’s Seven & i expands 7-Eleven empire with purchase of Australian franchise
(Reuters) – Japanese retail conglomerate Seven & i Holdings said on Thursday it has agreed to purchase the 7-Eleven convenience…
Salesforce shares jump as strong cloud demand drives stellar results
(Reuters) – Salesforce (NYSE:CRM) Inc’s stock jumped by about 10% on Thursday to a nearly two-year high after the U.S.…
China Evergrande seeks to avoid liquidation with last-ditch debt plan-sources
(Reuters) – China Evergrande (HK:3333) Group, the world’s most indebted property developer, is seeking to avert a potentially imminent liquidation…
Snowflake, Salesforce, Big Lots rise premarket; Pure Storage falls
U.S. futures traded higher Thursday, ahead of the release of key inflation data which could guide future Federal Reserve interest…
ChatGPT one year on: From viral AI bot to OpenAI’s boardroom battle
(Reuters) – We asked ChatGPT, OpenAI’s viral chatbot, how it felt on its first birthday. This was its reply: “Thank…
US stocks mixed after key PCE inflation data; DJIA soars over 200 points
U.S. stock futures traded in a mixed fashion Thursday, as a largely positive month comes to a close with investors…
Crude rises; Market awaits OPEC+ decision
Oil prices climbed higher Thursday as a group of top producers met to discuss potential further output reductions to support…