Sensex Drops 550 Points Amid Rising Oil Prices and US Interest Rates
Indian stocks took a hit on Wednesday, with the Sensex dropping 550 points as concerns about elevated oil prices, US…
Singapore to inspect Credit Suisse, others in money-laundering scandal
(Reuters) – The Monetary Authority of Singapore (MAS) plans to conduct an on-site inspection of a local unit of Credit…
Amazon seeks to overhaul fulfillment with AI and robotics capabilities
Amazon (NASDAQ:AMZN) is set to introduce “an array of new artificial intelligence and robotics capabilities into its warehouse operations,” according…
Everton sale stalls amid questions about buyer’s financials – NYT
(Reuters) – The sale of struggling Premier League club Everton to 777 Partners has stalled as the U.S. investment fund…
IRM Energy IPO oversubscribed on day one, aims to fund city gas distribution
The Initial Public Offering (IPO) of IRM Energy, a city gas distribution company based in India, was launched on Wednesday…
P&G stock rises amid high inflation, Q1 earnings release expected
Procter & Gamble Co. (NYSE:PG) is set to release its Q1 earnings on Wednesday, with FactSet and Estimize forecasting an…
Apple shares continue downward trend in volatile market
In a market characterized by volatility, Apple Inc. (NASDAQ:AAPL) shares marked a third consecutive day of losses on Tuesday, falling…
Fund managers turn bearish again in October – BofA survey
(Reuters) – Investors have turned bearish again in October, boosting cash levels to 5.3% from 4.9% during the previous month…
Morgan Stanley Q3 earnings projected to dip amidst market turbulence
Morgan Stanley is anticipated to report a decline in its Q3 earnings, with FactSet analysts forecasting $1.28 per share, down…
Rio Tinto flags return to record iron ore production
(Reuters) – Rio Tinto (NYSE:RIO) plans to raise output by 16% at its newest iron ore mine in Western Australia…