CEO Financial News

31.07 / 15:31

Aviat Manufacturing CEO Airlines Boeing rock reports Boeing names new CEO as it posts more than US$1.4B loss in 2nd quarter

Boeing named a longtime aerospace industry veteran as its next chief executive, who will take over a company that has been rocked by legal, regulatory and production problems.

31.07 / 15:17

CEO Telegram country social donates Profiles Who is the billionaire who claims to have fathered 100 children across the world?

Pavel Durov, who founded the social media companies Telegram and VK, has disclosed that he is the father of more than 100 children worldwide. His inventive contributions to Russian social media have helped him earn a wealth of £13.6 billion. In a Telegram post, Durov revealed that he became a prolific sperm donor, helping over 100 couples in 12 countries conceive while being single and living alone, as per the reports of The U.S. Sun.

31.07 / 15:14

UPS Provident Digital CEO reports Fino Payments Bank Q1 Results: Profit jumps 30% to Rs 24.3 crore, digital business grows 15%

Fino payments bank reported a total profit of Rs. 24.3 crores in the first quarter of this fiscal, up 30% from the last year, while the overall throughput grew 39% on year to Rs. 1,05,610 crores. The bank's digital business saw growth of 15% for the quarter under review, from 2% a year ago. “We have been continuously investing on the digital side. We revamped the website, the android app, and also introduced an iOS app. We have also migrated from a third party application provider to an inhouse application”, said Rishi Gupta, MD & CEO of Fino Payments Bank.

31.07 / 12:20

Target CEO show Rathbones profits surge 120% as Investec W&I merger starts to bear fruit

According to its half-year results published today (31 July), the firm's underlying profits before tax reached £112.1m in the six months to 30 June. This was in line with analyst consensus, which predicted that the figure would stand at £111.9m in the period. The strong results show the merger with Investec, which completed in September last year and created a £100bn wealth manager, has started to pay off. Rathbones CEO Paul Stockton said the firm has «achieved realisation ahead of target, with run-rate synergies of £20m delivered to the end of June», beating its one-year post-combinatio...

31.07 / 11:43

COST CEO show reports Scandals St James's Place CEO outlines bid to recoup fee scandal costs from partners

The business' CEO and chief financial officer (CFO) stopped short of outlining just how much partner firms will be expected to contribute. However, SJP CEO Mark FitzPatrick shared that those firms that could show evidence trails would not be expected to pay in. SJP has set aside £430.6m related to the service issues, according to its latest earnings report. As of its full-year earnings, released in February, it had anticipated a £426m potential cost. Partner contributions will be sought dependent on «underlying evidence», FitzPatrick told investors on SJP's H1 2024 earnings call this ...

31.07 / 09:43

markets UPS Ethereum CEO Trade Bitcoin Updates Bitcoin trades near $66,000 ahead of US Fed meeting outcome

cryptocurrency markets traded lower on Wednesday, with Bitcoin and Ethereum leading the decline. At 1:48 pm IST, Bitcoin (BTC) was trading 1.3% lower at $66,088, while Ethereum fell nearly 1.11% to $3,313. Meanwhile, the global cryptocurrency market cap dropped by 0.71% to around $2.39 trillion in the last 24 hours.

31.07 / 09:01

Citi CEO Election Bitcoin US election Bitcoin 2024 Conference Yields $25M for Donald Trump’s Election Fund

Donald Trump, previously a crypto skeptic, managed to raise $25m at the Bitcoin 2024 conference in Nashville this past weekend, according to Bitcoin Magazine CEO David Bailey.

31.07 / 08:07

markets UPS CEO security Trade recommendations Mint Explainer: Impact of Sebi's planned measures for index derivative framework

Mint explains why Sebi is concerned with the rising trade volumes, the measures it plans to take, and the impact of these steps. Derivatives are financial contracts that derive their value from an underlying asset. Derivatives are of two types – futures and options contracts.

31.07 / 07:16

markets COST UPS Manufacturing CEO stage country Electric two-wheeler makers brace for life without subsidy

electric two-wheeler makers are preparing for a future without government subsidies amid uncertainty on whether these vehicles will be included in the upcoming third phase of the FAME (faster adoption and manufacturing of electric vehicles) scheme.

31.07 / 04:59

CEO Sony Updates ITR Filing Date Live Updates: Today is the last day for filing returns, hurry! Check details…

ITR Filing Date Live Updates: The annual tax season is nearing its end today, as the deadline for filing income tax returns (ITR) looms today, on July 31. Taxpayers who have not yet filed your returns for FY23 (AY24), have to do so by today, with some exceptions.Here are all the details you need to know to file your ITR — including the deadline, penalty for missing the deadline, documents required, who had more time, and possible extension of deadline.

31.07 / 04:05

Binance Ripple XRP SEC CEO coinbase security Ripple Execs Criticize SEC’s Amended Binance Complaint, Call It “Hypocrisy”

The U.S. Securities and Exchange Commission (SEC) has drawn sharp criticism from Ripple executives following its decision to amend its complaint against Binance.

31.07 / 03:48

markets Target CEO Platform NVIDIA AMD Meta Platforms reports AMD raises forecast for AI chip revenue and sees supplies remaining tight

forecast for artificial intelligence chip sales by $500 million and said supplies would remain tight through 2025, sending shares of the Santa Clara, California-based company up 7.5% in extended trading.

31.07 / 01:57

UPS Digital CEO Strategy economy International Hotshot lawyers are switching jobs, taking entire teams with them

Cyril Amarchand Mangaldas. "The time has come for law firms to seriously look at succession planning for all critical roles and develop internal candidates who can step up when the time comes." Then, this July, JSA hired Nisha Kaur Uberoi, who headed the competition practice at Trilegal. Uberoi, who looks at complex areas such as merger control, cartels, abuse of dominance, and the digital economy, brought two partners and 25 attorneys with her.

31.07 / 01:41

markets CEO Platform WhatsApp Trade reports Schools Shiprocket has big plans for offline ecommerce space

ecommerce enablement platform Shiprocket has set its sights on facilitating ecommerce transactions for the offline general trade segment, cofounder and chief executive Saahil Goel told ET.

31.07 / 00:13

markets Citi CEO Landmark 2020 reports International Stellantis ships to Europe first fully electric cars produced in venture with China's Leapmotor

Carmaker Stellantis has shipped the first electric vehicles produced under a joint venture with China’s Leapmotor to Europe, with the first models to go on sale next month

31.07 / 00:12

Extreme CEO Gap pandemic reports A Georgia seaport is closing the gap with Baltimore, the top US auto port

The Georgia Ports Authority says it moved a record number of automobiles across its docks in the 2024 fiscal year, bringing it neck-and-neck with the top U.S. auto port

31.07 / 00:05

CEO Airlines Yellow Allegiant travelers rights International Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perks

Spirit Airlines is about to roll out tickets that include perks like free snacks and no fee for checking a bag

31.07 / 00:02

markets CEO McDonald’s Food stage reports Traffic Starbucks quarterly revenue falls on weak traffic in US and China

Starbucks’ revenue fell 1% in the April-June period as customer traffic weakened in the U.S. and China

30.07 / 23:59

Citi CEO Tesla information reports Investigations Tesla in Seattle-area crash that killed motorcyclist was using self-driving system, authorities say

Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving” system

30.07 / 23:52

COST Provident FIVE CEO Sustainability reports To cut costs and keep vehicle prices down, Stellantis makes buyout offers to US white-collar workers

Jeep and Ram maker Stellantis says it will offer buyout packages to many of its U.S. white-collar workers just five days after the company’s CEO said the auto industry is in the middle of a significant storm

30.07 / 23:51

COST CEO JetBlue reports travelers JetBlue posts a surprise Q2 profit and will delay new planes to cut costs and rebuild the business

JetBlue Airways is reporting a small but surprising profit for the second quarter

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