Sasken Technologies shares soar following IoT partnership with Qualcomm
In a significant development in the Internet of Things (IoT) sector, Sasken Technologies’ shares have reached a 52-week high of…
Israel shekel sinks to lowest since 2016, default insurances soars
(Reuters) – Israel’s shekel hit its weakest level since early 2016 and the cost of insuring the country’s sovereign debt…
PepsiCo bets on price hikes to again raise annual profit forecast
(Reuters) – PepsiCo (NASDAQ:PEP) Inc on Tuesday raised its annual profit forecast for a third time this year, as the…
Activision Blizzard delays addition of new titles to Microsoft’s Game Pass amid acquisition concerns
As Microsoft (NASDAQ:MSFT)’s $68.7 billion acquisition bid for Activision Blizzard (NASDAQ:ATVI) nears completion, the third-party publisher announced that it will…
Bank of England piles pressure on money market funds to bolster liquidity
(Reuters) – The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of liquid…
Daimler Truck premieres new eActros 600 in step towards all-electric shift
(Reuters) – Mercedes-Benz (OTC:MBGAF) Trucks, the European division of commercial vehicle maker Daimler Truck, premiered its battery-electric long-haul truck eActros…
Bank of Baroda considers INR 10,000 crore infrastructure bond issuance
Bank of Baroda, a prominent player in the Banks industry, is contemplating raising INR 10,000 crore through an infrastructure bond…
Yuan’s exchange rate system managed by PBOC permits 2% fluctuation
On Tuesday, the People’s Bank of China (PBOC) continued to manage the yuan’s exchange rate against the U.S. dollar using…
Mercedes-Benz sales dip slightly in Q3 on model changes, lack of parts
(Reuters) – Sales of Mercedes-Benz (OTC:MBGAF) cars dipped slightly in the third quarter with a steeper drop in China and…
Bain Capital delays Virgin Australia listing until next year – source
(Reuters) – Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next…