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…
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…
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…
European shares inch up on energy boost
(Reuters) – European shares edged higher on Thursday, supported by gains in energy stocks as oil prices rallied while investors…
Ryanair to cut flights this winter due to Boeing delivery delays
(Reuters) – Ryanair announced on Thursday cuts to its winter schedule due to delays in the delivery of Boeing (NYSE:BA)…
Meta unveils AI assistant, Facebook-streaming glasses
(Reuters) – Meta Platforms (NASDAQ:META) Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for consumers, including bots…
Citigroup plans to sell Chinese retail-wealth business to HSBC
Citigroup (NYSE:C) is reportedly in negotiations to sell its retail-wealth business in China to British competitor HSBC, as part of…
Private equity-backed firms weather high interest rates, default rates remain low
As of this Thursday, private-equity-backed firms are demonstrating resilience in the face of rising interest rates, largely due to robust…