Record News
03.12 / 03:15
markets
Ethereum
Digital
ETF
Trade
Bitcoin
US Bitcoin, Ether ETFs log record inflows on Trump’s crypto embrace
The groups of Bitcoin and Ether ETFs each posted record monthly net inflows in November, $6.5 billion and $1.1 billion respectively, according to data compiled by Bloomberg. Friday’s daily Ether ETF subscriptions also hit an all-time peak.
03.12 / 03:15
markets
Target
Strategy
Experts
AVP
China chip stocks gain ground despite latest US crackdown
The United States on Monday launched its third crackdown in three years on China's semiconductor industry, curbing exports to 140 companies to stymie China's ability to access and produce top-line chips. «It was not a blanket ban, or as stringent as people first feared. So that, to me, is a positive,» said Tai Hui, Asia chief market strategist at JP Morgan Asset Management in Hong Kong.
03.12 / 00:57
markets
Platform
Strategy
wellness
Experts
beautiful
Black Friday weekend sales grow 17-18% on year for ecommerce players
Direct-to-consumer brands and ecommerce marketplaces are estimated to have recorded a 17-18% increase in order volumes during this year's Black Friday weekend compared to last year. Beauty, wellness and personal care products, and home decor were the most popular categories during the sale, according to ecommerce enablement platform Unicommerce. The gross merchandise value (GMV) — the value of goods sold on ecommerce platforms, excluding discounts and returns — rose more than 24% from a year earlier. The surge in sales was fuelled by the global excitement around Thanksgiving and the Christmas season, bringing the year's ecommerce sale events to a close. The sale event also saw a sharp rise in average order value (AoV), particularly for pricier items, similar to what was observed during the Diwali festive sales, said several brand executives.
02.12 / 22:03
02.12 / 22:03
UPS
DOW
Trade
Investigations
How major US stock indexes fared Monday, 12/2/2024
Technology stocks pulled Wall Street to another record amid mixed trading
02.12 / 22:03
COST
UPS
track
General Motors to sell its stake in Lansing, Michigan, battery factory to LG Energy Solution
General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan
02.12 / 22:03
Airlines
security
social
travelers
Traffic
International
More than 3 million travelers screened at US airports in a single day. That's a record
Travelers heading home after the Thanksgiving holiday are setting a record
02.12 / 18:09
UPS
Sony
reports
Features
Videos
Vivo X200 Series India launch confirmed via Amazon listing: What all to expect
X200 and the X200 Pro models.The Vivo X200 could boast a 6.67-inch 10-bit OLED LTPS quad-curved display with support for PWM dimming, HDR10+, and an impressive peak brightness of 4,500 nits.Moreover, the Chinese counterpart is backed by a 5,800mAh battery with 90W wired charging support. True to its customer-friendly approach, Vivo is expected to include a charger in the retail box.Photography enthusiasts can look forward to a triple-camera setup on the X200, comprising a 50MP Sony IMX921 primary sensor, a 50MP Sony IMX882 telephoto lens, and a 50MP ultra-wide-angle camera.The X200 Pro could feature several enhancements, including an LTPO display panel with a variable refresh rate of up to 120Hz and ultra-slim 1.63mm bezels.
02.12 / 16:51
UPS
Trade
Freedom
cover
information
Investigations
Doug Ford’s chief of staff ‘missing’ months of government texts after phone was ‘reset’
A top aide to Ontario Premier Doug Ford is facing questions about how he manages sensitive government records after he traded in his cellphone without fully backing it up, Global News can reveal, meaning months of text messages related to official government business are now considered “missing.”
02.12 / 13:03
markets
Digital
Progressive
economy
Remark
Experts
Rahul Gandhi indulging in fear-mongering with selective data, half-truths: BJP
BJP has flayed Congress leader Rahul Gandhi for his remarks on GDP growth rate decline and said his attempt to paint a picture of economic doom, with selective data and «half-truths», is not just misleading but reeks of a «childish» oversimplification of complex realities. The Leader of Opposition in Lok Sabha had on Sunday expressed concern over India's GDP growth rate declining to its lowest in two years and said the country's economy cannot progress as long as a handful of billionaires accrue its benefits. He stressed that new thinking is required for India's economy and a new deal for businesses should be an important part of it. Reacting sharply, BJP IT department head Amit Malviya wrote on X, «Your attempt to paint a picture of economic doom, with selective data and half-truths is not just misleading but reeks of 'Balak Buddhi' — a childish oversimplification of complex realities». He said crying foul over a 5.4 per cent GDP growth rate by the Congress leader is «laughable when it is one of the highest globally».
02.12 / 13:03
markets
Booking
Remark
Experts
rights
Vokkaliga mutt head, booked for comments against Muslims, emerges rallying point for BJP
Swami Chandrashekara Natha, head of a Vokkaliga mutt in Bengaluru, has emerged as a rallying point for BJP leaders after the government booked him over his remarks against Muslims. The Swami had, participating in a protest against the Waqf Board claiming ownership of farmlands at many places, called for a law to end the voting rights for Muslims. The Swami, however, later expressed regrets over his comments, calling them unintended ones uttered in a bout of emotion. He did not mean it as the country gave voting rights to every citizen. While Chief Minister Siddaramaiah and Dy CM DK Shivakumar have distanced themselves from the FIR, registered by the Bengaluru Police based on a complaint from a social worker, the BJP has thrown its weight behind the Swami. The Police had wanted the mutt head to appear before them on Monday to record his statement, but he did not turn up citing health issues and told Police that they were free to visit the Mutt and take his statement.
02.12 / 09:11
COST
Target
security
Cycling
performer
International
KEC International has tailwinds of order wins, financial leverage
Subscribe to enjoy similar stories. KEC International Ltd appears well-positioned to meet its FY25 order inflow guidance of around ₹25,000 crore. Last week, the company secured three big orders totalling nearly ₹4,000 crore, bringing its FY25 order intake to ₹17,500 crore so far.
02.12 / 06:17
UPS
President
War
reports
Putin signs off record Russian defense spending as top EU officials visit Kyiv
Russian President Vladimir Putin has approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine
02.12 / 05:33
02.12 / 04:41
markets
Citi
Experts
AVP
reports
Department
Delhi breathes easier as AQI improves slightly
The city's air quality was last recorded in the 'poor' category on October 29 with an AQI of 268, according to the CPCB. Experts attribute the improvement to dry northwesterly winds and ample sunlight, which have helped disperse pollutants. However, the city's air quality remains far from ideal as an AQI between 201 and 300 is still considered harmful to sensitive groups.
01.12 / 23:23
01.12 / 15:13
markets
IPO
Analysis
Trade
Experts
show
IPO rush keeps FPIs busy in primary market in November, outflow continues in secondary market
Foreign portfolio investors (FPIs) showed a sustained interest in the primary market in November 2024 while moderating the extent of selling in the secondary market compared with the previous month. According to the data from NSDL, they invested $2,098.4 million (Rs17,704 crore) in the Indian primary market through IPOs and QIBs. This followed the three-year high monthly investment of $2,361 million (Rs19.841.9 crore) in the previous month. In 2024 so far, FPIs have invested $12,373.9 million (Rs1,03,601 crore) through the primary route, far outpacing $5,242.1 million (Rs 43,347.1 crore) that they had pumped in the whole of 2023. Their higher engagement in the primary market owes to the rising activity in the IPO segment in the current year. As many as 79 mainboard IPOs have together raised nearly Rs 1.4 lakh crore so far in 2024, the highest in any year.
01.12 / 10:49
markets
Citi
Strategy
Southern
War
Putin signs off record Russian defence spending
Lawmakers in both houses of the Russian parliament, the State Duma and Federation Council had already approved the plans in the past 10 days. Russia's war on Ukraine, which started in Feb. 2022, is Europe's biggest conflict since World War II and has drained the resources of both sides.
01.12 / 10:19
economy
Sustainability
wellness
country
rights
Headlines
Saudi Arabia’s liberalization is visible in its popular culture
Subscribe to enjoy similar stories. Saudi Arabia’s unprecedented attempt to diversify from an oil economy to something more sustainable seems to be churning along nicely. The female labour participation rate has nearly doubled to 36% from 2016, the year Crown Prince Mohammed bin Salman laid out his Vision 2030.
01.12 / 06:41
markets
IPO
Landmark
Sustainability
Enterprise
show
2024: A year of IPO boom as retail interest zooms
Subscribe to enjoy similar stories. 2024 has been a landmark year for the Indian initial public offer (IPO) market, with an unprecedented surge in fundraising and retail participation. The allure of quick wins has led to massive oversubscriptions, especially in the small and medium enterprises (SME) segment.
01.12 / 06:21
markets
Strategy
Analysis
economy
Research
Trade
FPIs' selling spree continues in November with Rs 21,612 crore outflow
equity market in November, mainly due to the rising US bond yields, strengthening dollar and expectation of a slowdown in the domestic economy. While the sell-off continues, the quantum of net outflow significantly reduced compared to October, when FPIs recorded a massive withdrawal of Rs 94,017 crore (USD 11.2 billion). With the latest pull out, Foreign Portfolio Investors (FPIs) have experienced total net outflow of Rs 15,019 crore in 2024 so far.
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