2020 Financial News

The explosion of artificial-intelligence technology makes it easier than ever to deceive people on the internet, and is turning the 2024 U.S. presidential election into an unprecedented test on how to police deceptive content. An early salvo was fired last month in New Hampshire.

(Reuters) -Cenovus Energy fell short of analysts' estimates for quarterly profit on Thursday, due to lower refined product pricing in the U.S. and price realizations in the oil sands segment.

Anthony Albanese on Thursday announced his engagement to partner Jodie Haydon, posting a selfie photo of the couple with the caption "She said yes" on his social media platforms. Albanese and Haydon first met at an event in Melbourne in early 2020 and appeared together during the campaign of the 2022 federal election, which Albanese won.

Taiwan's stock index hit a record high Thursday, fuelled by a surge in tech titan TSMC after it reported strong sales that lifted optimism for the sector and demand for chips used for artificial intelligence. The Taiex jumped as much as 3.5 percent at the opening, surpassing a January 2022 peak, as traders returned from their Lunar New Year holiday.

Meghan Markle and Prince Harry, a dynamic couple reinventing the royal narrative, are encouraging a legacy of strength, compassion, and unity in a world that is going through changes always.

The Bayer Corporation has spent more than $10 billion to settle lawsuits that claim the popular weed killer Roundup causes cancer

₹25.51 trillion up to 6 October 2023. Stand Up India, launched on 5 April 2016, has sanctioned loans amounting to ₹47,073 crore to SC, ST and women borrowers till 24 November 2023.

While the bulls remain entirely in control of the market narrative, divergences, and other technical warnings suggest becoming more cautious may be prudent.

National Company Law Appellate Tribunal on Wednesday stayed the NCLT Mumbai bench order to initiate a corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, which operates the fantasy sports platform Dream 11. However, it has also directed the Interim Resolution Professional (IRP), appointed by the National Company Law Tribunal (NCLT) after suspending the board of Dream 11, not to take any further steps till the next date of hearing, scheduled for February 23. A three-member bench of the appellate tribunal also issued notice to the IRP of Sporta Technologies and Resolution Professional of Reward Business Solution, directing them to file a reply within a week. «List this Appeal on 23.02.2024,» the National Company Law Appellate Tribunal (NCLAT) order said, adding that «In the meantime, the order impugned shall remain stayed. No steps, till the next date shall be taken by the IRP in the CIRP».

By Amina Niasse

Blame it on the operational challenges of Byju’s, the erstwhile poster child of the edtech space, or the unending funding winter for startups, but the once-promising sector seems to be losing the plot. That’s an embarrassing about-turn for a segment that became a household phenomenon during the pandemic as remote learning drove many companies to a boom. But it’s possible for edtech to bounce back from its short-term challenges once funding improves, given the evergreen demand for learning, some experts say.

₹130.60 apiece in today's trade. Investors responded positively to the company's performance in the December quarter, released after market hours on Tuesday. NBCC posted a 59% improvement in its consolidated net profit at ₹113.56 crore.

Two fired top executives of FirstEnergy Corp. and Ohio’s former top utility regulator have pleaded not guilty in connection with a $60 million bribery scheme

Delhi and at border points with Haryana, which can cause hardships to commuters. The traffic movement at Singhu (Delhi-Sonipat) and Tikri borders (Delhi-Bahadurgarh) is suspended, an official said, adding the security personnel in anti-riot gear are deployed and drones being used to keep an eye on the situation. Multiple layers of barricades, concrete blocks, iron nails and container walls have been placed at Singhu and Tikri borders as well as Ghazipur border. An official said the security arrangements at border points and in central Delhi could be increased if required.

Department Q is currently underway. The cast has been revealed, and production is in progress in Edinburgh. Department Q's series adaptation has been in development since 2014, when the US TV rights for adapting the series have been sold to Scott Frank who is the principal creator of the series. It was reported in the year 2020 that Left Bank Pictures owned by Sony would be producing Department Q.

Supreme Court reserved judgment on whether a state government is empowered to make sub-classification in SC/ST quotas for deprived and weaker castes in these groups in admissions and public jobs. The issue before the top court was whether the Punjab Scheduled Castes and Backward Classes (Reservation in Services) Act 2006 — which provided Balmikis and Mazhabi Sikhs with 'first preference' reservation over 50% of the total seats reserved for SCs — is valid.

BJP leader Nand Kishore Yadav on Tuesday filed his nomination for election to the post of Bihar assembly Speaker. Yadav filed his nomination papers in the presence of chief minister Nitish Kumar, deputy CMs Samrat Choudhary and Vijay Kumar Sinha and other senior leaders. As per the deal, the Speaker will be from BJP and deputy Speaker from JDU.

In the most bullish sentiment seen in two years, the latest Bank of America’s Fund Manager Survey (FMS) shows a significant shift in investor behavior and market outlook.

Wipro, India’s fourth largest information technology (IT) services firm, on Tuesday said it will acquire US-based insurtech firm Aggne Global Inc and its Hyderabad-based affiliate Aggne Global IT Services for $66 million. Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing.

Investors are going “all in” on US technology stocks as they turn the most optimistic about global growth in two years, according to a survey by Bank of America Corp.

Rs 277 crore were spent on lion conservation in the Gir and Greater Gir areas, the abode of Asiatic lions, in the last two years, the Gujarat government informed the legislative assembly on Tuesday. Minister of State for Forest and Environment Mukesh Patel said the Centre has approved a National Wildlife Disease Diagnostic and Referral Centre at Junagadh under 'Project Lion', launched to conserve big cats in 2020. The state government has spent Rs 277.93 crore on lion conservation in 2022 and 2023, the minister said, responding to questions by Congress MLAs during the Question Hour of the ongoing budget session of the assembly here. During this period, 238 lions, including cubs, died in different parts of Gujarat. Of these, 209 lions succumbed to natural causes, while 29 deaths were due to unnatural reasons such as big cats getting hit by vehicles or falling into open wells, he said in a written reply.