JPMorgan eyes significant expansion in India amid rapid economic growth
Global banking giant JPMorgan is planning a significant expansion of its operations in India, recognizing the country’s rapid growth and…
Peloton and Lululemon announce five-year partnership, discontinuation of Studio Mirror
In a move that underscores the changing dynamics of the fitness industry, connected-exercise-bike maker Peloton Interactive (NASDAQ:PTON) and yoga-wear giant…
Yen anticipates intervention if it crosses 150 against the dollar, says ‘Mr Yen’
Eisuke Sakakibara, also known as ‘Mr Yen’, has projected that Japan may intervene if the yen crosses the 150 mark…
Dollar holds near 10-month high, yen under pressure amid strong U.S. economic data
The U.S. dollar held its position near a 10-month high against a basket of major currencies on Thursday. The dollar’s…
X CEO Yaccarino says Musk-owned platform could turn a profit next year
(Reuters) – Social media platform X could turn a profit in early 2024, Chief Executive Officer Linda Yaccarino said on…
Gold prices show minor increase amid mild USD weakness
Gold prices experienced a slight rise in the early hours of Thursday’s Asian trading session due to a mild weakening…
Oil prices edge higher on US crude draw, tight global supply
(Reuters) – U.S. oil futures jumped to their highest in more than a year on Thursday as a drop in…
China’s strong metal imports not as bullish as they seem: Andy Home
(Reuters) – China’s appetite for base metal imports appears to be growing. Refined copper volumes hit a year-to-date monthly high…
Exclusive-HSBC to acquire Citigroup China consumer wealth business
(Reuters) – HSBC is set to acquire Citigroup (NYSE:C)’s China consumer wealth management business, which manages more than $3 billion…
Tata Power sees uptick in trading, plans 41 MW captive solar plant
Tata Power Company’s shares experienced a slight uptick on Thursday, rising 1.73% to Rs 264.25 from its previous closing of…