CEO Financial News
18.07 / 21:07
18.07 / 21:07
UPS
Provident
Progressive
Google
CEO
AIM
NOT
Quick grants from tech billionaires aim to speed up science research. But not all scientists approve
Patrick Collison, the now 34-year-old billionaire CEO of the online payments company Stripe, and economist Tyler Cowen worried scientific progress seemed to be slowing down
18.07 / 21:07
COST
UPS
BLOCK
CEO
Fighting
9th Circuit denies bid by environmentalists and tribes to block Nevada lithium mine
The 9th U.S. Circuit Court of Appeals has denied the latest bid by conservationists and tribal leaders to block construction of a huge lithium mine already in the works along the Nevada-Oregon line
18.07 / 19:51
18.07 / 19:51
COST
Booking
CEO
No plan to raise capital: IndusInd CEO
MUMBAI : IndusInd Bank clarified on Tuesday that it has no plan to raise additional capital, despite its promoter, the Hinduja group, seeking to raise its stake in the bank.With a total capital adequacy of 18%, the bank believes it is well-capitalized and will not look at raising fresh capital unless the core equity capital falls below 14%. Currently, the common equity tier 1 capital (CET1) or a bank’s core capital stands at 16.44%.
18.07 / 19:01
18.07 / 18:25
Twitter
Digital
CEO
Platform
TikTok
TikTok needs to do more to comply with Europe's new digital rules, official says
TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday. The results of a «stress test» that the popular video-sharing platform carried out at its Dublin office showed that «more work is needed to be fully ready» for when the Digital Services Act takes effect next month, European Commissioner Thierry Breton said in a statement. Breton, who oversees the 27-nation bloc's digital policy, tweeted a silent video of himself discussing the results by video call with TikTok CEO Shou Zi Chew.
18.07 / 18:03
UPS
CEO
JPMorgan
Citigroup
Chase
Wall Street Can’t Shake Off Investment-Banking Slump
Morgan Stanley said Wall Street is having a tough time emerging from the doldrums. Morgan Stanley said Tuesday that second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Investment-banking fees were about flat after falling sharply in recent quarters.
18.07 / 18:01
COST
CEO
reports
Morgan Stanley reports $78M in severance to axed wealth management employees
In May, Morgan Stanley’s plans to cut 3,000 positions — roughly 5% of its staff — by the end of June did not include financial advisors or support staff, according to multiple reports at the time.
18.07 / 17:25
18.07 / 17:11
CEO
SBI Capital Markets Ltd. (SBICAPS) has appointed Shri Rajay Kumar Sinha as its new managing director and CEO
SBI Capital Markets (SBICAPS) announced the appointment of Rajay Kumar Sinha as the Managing Director & Chief Executive Officer of its wholly owned subsidiary and investment banking arm, effective July 14. Sinha takes over from Amitava Chatterjee, who will now serve as Deputy Managing Director in charge of Commercial Clients Group at SBI's Corporate Centre.
18.07 / 17:11
COST
CEO
JPMorgan
Citigroup
surges
Bank of America Q2 net income surges 19%
bank failures. The Federal Reserve has raised its benchmark interest rate to a range of 5% to 5.25% from near zero starting in March 2022. Those higher interest rates have allowed banks to charge more for customers to borrow. BofA’s net interest income grew 14% to $14.2 billion in the second quarter.
18.07 / 17:05
Binance
CEO
Strategy
Patrick
HANS
WSJ
Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
Binance, the world’s largest cryptocurrency exchange, has grown increasingly frugal amid declining profits after boasting that it had prepared a “war chest” last year.
18.07 / 15:47
18.07 / 15:01
Blockchain
Provident
Twitter
CEO
Strategy
PINK
Moon
Future
Pink Moon Studios Ignites Web3 Gaming Future with Groundbreaking KMON Trading Card Game
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
18.07 / 14:55
UPS
BLOCK
CEO
AGRO
Deal
stake
Rekha Jhunjhunwala sells 5% in Rallis India via block deal; promoter Tata Chemicals buys additional stake
Rekha Jhunjhunwala has sold partial stake in Rallis India through block deals on Tuesday, while promoter Tata Chemicals has picked up those shares. According to data available with the exchanges, Rekha Jhunjhunwala has offloaded 97 lakh shares or nearly 5% stake in the company. The transaction was done at a price of Rs 215 apiece, fetching the investor about Rs 208 crore.
18.07 / 14:55
COST
Reuters
CEO
Deal
Morgan Stanley Q2 profit falls 14% on deal-making drought
macroeconomic uncertainties and subdued client activity, but ended with a more constructive tone". “The more promising tone and activity seen later in the quarter across many parts of our businesses is promising," Gorman said. Its revenue from investment banking was flat at $1.16 billion.
18.07 / 14:55
UPS
Aviat
CEO
GAIL, US' LanzaTech join hands to set up carbon capture pilot projects
GAIL, the nation’s top natural gas transporter, has tied up with LanzaTech of the US to explore setting up a pilot-scale carbon capture and conversion project, the companies said in a statement on Tuesday. «The possibilities coming out of this collaboration with LanzaTech are very promising and significant to improving our carbon footprint,” said Sandeep Kumar Gupta, Chairman and Managing Director of GAIL.
18.07 / 14:13
18.07 / 13:49
UPS
Provident
BLOCK
Aviat
Manufacturing
CEO
GAIL, LanzaTech join hands to explore bio-recycling carbon waste into fuels and chemicals
New Delhi: GAIL (India) Ltd, the country’s largest gas distributor, and LanzaTech Global, an innovative carbon capture and utilization company that converts waste carbon into products that people use in their daily lives, have entered a partnership to explore innovative technology solutions that advance GAIL’s net zero 2040 goals and have the potential to support wider decarbonization applications globally. The partnership between GAIL and LanzaTech will focus on the development of a pilot-scale CO2 capture and conversion project.
18.07 / 13:49
UPS
FIVE
Manufacturing
CEO
Apple
Xiaomi
Time
India ranks among Apple’s top 5 iPhone markets for the first time: Report
iPhone market in the second quarter. Apple's increased focus on distribution and marketing in India, seen as a critical future market by CEO Tim Cook, has resulted in India surpassing Germany and France in iPhone sales.
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