CEO Financial News

02.08 / 10:03

COST UPS CEO Action stage Returns Mutual Fund SIP: Four little-known hidden facts about SIPs. How it can impact investors' returns

systematic investment plan (SIP) route. A SIP is often an effective method for reducing market volatility. Through the ups and downs of market cycles, it helps you average out your investment costs.

02.08 / 10:01

UPS Digital CEO coinbase Bitcoin expansion Genesis Digital Assets Announces Expansion of Bitcoin Mining in South Carolina

Major Bitcoin mining company Genesis Digital Assets (GDA) has announced the opening of three new data centers in South Carolina, USA, which has "abundant and clean energy sources."

02.08 / 09:57

Provident Aware CEO Align Parke performer track Dubai gets AI-powered smart pedestrian crossing system. How it works

Dubai Silicon Oasis (DSO) in partnership with Derq has implemented of 14 AI smart pedestrian crossing systems. This achievement follows extensive testing over a period of two years. Dubai Silicon Oasis, a technology park and a a member of the Dubai Integrated Economic Zones Authority, provides both integrated living and working community facilities.

02.08 / 08:43

UPS FIVE Reuters CEO country record high India's July edible oil imports at record high

India's edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters. Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia and support benchmark futures. They would also strengthen soyoil futures and could reduce inventories in sunflower oil-producing Black Sea countries.

02.08 / 08:43

COST Maxim CEO Strategy Forbes performer controversy pricing Uber's surge pricing sparks controversy amidst record-breaking profits

Uber's surge pricing has once again come under scrutiny after CEO, Dara Khosrowshahi, expressed his astonishment at the exorbitant fare charged to a journalist recently. During an interview with Wired editor Steven Levy, Khosrowshahi was taken aback when shown a receipt for a 4-km trip in Manhattan, New York, which amounted to a staggering $51.69, including the driver's tip. Khosrowshahi's reaction was one of surprise, exclaiming, «Oh my God.

02.08 / 08:17

UPS Man CEO Racing Fighting Everest Inside Inside the race to lead EY after bungled break-up plan

EY boss Carmine Di Sibio’s right-hand man has emerged as a frontrunner to take over as global head of the big four firm in a leadership race triggered by the collapse of its attempted break-up this year.

02.08 / 08:17

FIVE Progressive Waters CEO Action Omni Investors question delays in RCR Tomlinson lawsuit

A class action against collapsed engineering group RCR Tomlinson will make a second attempt at mediation this month as investors question why the lawsuit has taken almost five years to resolve.

02.08 / 08:17

UPS Waters Manufacturing CEO Tesla NMC Pilbara pioneers a new lithium product for a new battery boom

When Mario Silvera steers his Chinese-made electric vehicle around the streets of Sydney, he is driving the consumer trend that has inspired two Australian companies to invest $104.9 million on the creation of a homegrown, value-added lithium product.

02.08 / 08:01

UPS CEO Fallout HSBC rock exit NOT HSBC CEO on Farage-Coutts spat: 'We do not exit clients based on their lawful personal views'

LONDON — HSBC CEO Noel Quinn said Tuesday that the lender would not «exit a client based on their lawful personal views,» after Coutts' termination of Brexit figurehead Nigel Farage's account sparked a banking scandal in the U.K.

02.08 / 07:59

FIVE CEO Dreams OceanGate Expeditions co-founder reveals ambitious 'Humans2Venus' project following tragic submersible incident

Titan which imploded during an exploration mission to the historic Titanic shipwreck, OceanGate Expeditions' co-founder, Guillermo Sohnlein has announced his ambitious plans to send people to space. He unveiled his latest venture, «Humans2Venus,» aiming to send people to the enigmatic planet Venus by the year 2050.

02.08 / 05:07

COST CEO Ambuja Cements Q1 results: Net profit falls 38% to ₹645 crore; revenue rises 18% YoY

₹644.88 crore in the quarter ended June 2023, registering a decline of 38.5% from ₹1,048.78 crore in the year-ago period. The company’s revenue from operations in Q1FY24 increased 18.4% to ₹4,729.7 crore from ₹3,998.26 crore, YoY. Ambuja Cement' standalone sales volume in the April-June quarter of FY24 rose to 9.1 million tonnes from 7.4 million tonnes in the same period last-year.

02.08 / 04:51

Citi Target CEO Action film ‘What’s the obsession?‘: Cook denounces ‘extremist’ Woodside protest

Western Australian Premier Roger Cook has denounced “extremist” protesters who descended on the home of Woodside chief Meg O’Neill and mounted a spirited defence of the natural gas industry, which he said was essential to the state’s energy transition.

02.08 / 04:43

COST Target Google CEO Platform ad Pinterest sees stronger margins as ad rebound boosts quarterly results

Pinterest beat Wall Street targets for second-quarter results on Tuesday and forecast higher margins for the year, supported by an advertising market recovery and cost-cutting measures.Tech giants Meta Platforms and Google parent Alphabet had also recorded strong ad sales, signaling a rebound in marketing spending by businesses as inflation cools and consumer confidence improves. Pinterest CFO Julia Donnelly said its adjusted core earnings margin will be higher by «roughly 400 basis points» in the current fiscal year. It was 16% in 2022.

02.08 / 04:05

Provident CEO Software Haynes show performer social What Cameron Clyne is doing now (it involves AI and bad bank culture)

Former National Australia Bank chief executive Cameron Clyne has re-emerged in the banking sector, investing in and advising a start-up, Swarm Dynamics. It makes artificial intelligence-powered software to help banks identify and resolve their cultural problems.

02.08 / 03:47

UPS Provident CEO NVIDIA AMD AMD forecasts challenger to Nvidia AI chip for 4th quarter, eyes China AI market

Nvidia chips, with the company's CEO saying it sees an «opportunity» to sell its AI chips in China. Shares were up roughly 3.5% in after-hours trading.AMD CEO Lisa Su said AMD is set to ramp production of its MI300 artificial-intelligence chips in the fourth quarter. The MI300 AI accelerator chips are designed to compete against the advanced H100 chips already sold by Nvidia, though they are in short supply.

02.08 / 03:47

Booking CEO Pool love show star electronic Jail Lawyers Fried Sam FTX founder Sam Bankman-Fried's lawyers say attempt to jail him before trial is wrong

FTX founder Sam Bankman-Fried said Tuesday that prosecutors are wrong to seek his detention prior to trial because their arguments are built on «innuendo, speculation, and scant facts.» The written submission in Manhattan federal court was a response to the prosecution's claim last week that no bail conditions can stop the onetime cryptocurrency power broker from trying to improperly influence the potential jury pool for his October 2 trial. Bankman-Fried, 31, has been free on a $250 million personal recognizance bond since his December extradition from the Bahamas to face charges in New York that he defrauded investors in his businesses by diverting millions of dollars from their intended purpose.

02.08 / 03:05

Manufacturing CEO Enterprise Incitec Pivot picks Indonesian SOE for fertiliser sale talks

Incitec Pivot has tapped Indonesia’s Pupuk Kaltim as the preferred buyer of its big Australian fertilisers business, fuelling expectations of a deal worth about $1.5 billion and a potential showdown with politicians and farmers.

02.08 / 00:49

UPS Digital CEO Platform Mobile electronic exit ecommerce Tatas' first ecommerce platform struggles to click as losses rise after exit from key categories

Tata Cliq.Tata UniStore Ltd, which owns and runs Tata Cliq, posted a 16% increase in net loss at Rs 874.7 crore for fiscal 2022-23, even as its turnover dropped to less than half at Rs 407.7 crore compared with Rs 844.6 crore the year before, as per its latest regulatory disclosures. In the filings to the Registrar of Companies (RoC) made on July 25, Tata UniStore attributed the drop in turnover to the platform’s exit from certain categories of electronics, and said the loss increased as it continued to invest in scaling up the business.

02.08 / 00:49

UPS Manufacturing CEO stage Deep-tech firms hail draft policy, flag friction points

Deep-tech industry participants, including founders, investors and advisors ET spoke to on Tuesday, expressed confidence in a draft deep-tech startup policy recommendations to further innovation and funding into the sector, while some also raised questions on its effectiveness. Open for public consultation and released on Monday, the recommendations are spread across nine themes including access to funding and strengthening the intellectual property regime. «We welcome the government putting a dedicated focus on deep-tech startups and committing significant time and resources to the cause.

02.08 / 00:49

Target CEO Platform country exclusive Slack India’s key go-to-market, product gub: Slack CEO Lidiane Jones

Slack sees India as a key go-to-market and production region, said CEO Lidiane Jones. Cloud services giant Salesforce acquired Slack for around $28 billion in 2021. Speaking exclusively with ET, Jones said that India represents a key product development hub for the company.

01.08 / 23:04

CEO Strategy Overstockcom Time Bed Bath & Beyond is back, this time as an online retailer

Overstock has officially relaunched the Bed & Bath & Beyond site online Tuesday in the U.S., after acquiring the bankrupt retail chain’s intellectual property assets for $21.5 million

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