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11.01 / 02:11

MET security Election country reports China's Xi Jinping says supports Maldives in protecting 'sovereignty': state media

Xi Jinping told Maldivian counterpart Mohamed Muizzu that he supported the strategically located archipelago in protecting its "sovereignty", state media reported, after the two countries signed a number of infrastructure and other agreements. Muizzu was elected in September as a proxy for a pro-China predecessor jailed on corruption charges, vowing to cultivate «strong ties» with Beijing.

11.01 / 02:11

Booking Airlines Boeing reports travelers guidelines Investigations Alaska Airlines cancels flights on certain Boeing planes through Saturday for mandatory inspections

Alaska Airlines is canceling through Saturday all flights on Boeing 737 Max 9 planes like the one that suffered an in-flight blowout of a fuselage panel last week as it waits for new instructions from Boeing and federal officials on how to inspect the fleet. The development came as signs indicate some travelers might try to avoid flying on Max 9 jetliners — at least temporarily.

11.01 / 01:05

markets Aware security show reports Equality Updates Creditors vote to liquidate Gayatri Projects after rejecting sole bid

Creditors to Gayatri Projects (GPL), promoted by former Rajya Sabha MP T Subbarami Reddy, have voted to initiate liquidation proceedings against the company after rejecting the only bid from private equity fund Mark AB Capital Investment LLC, people familiar with the matter said. Mark AB was offering a total of ₹650 crore, of which only ₹50 crore was upfront cash, ET had reported in October. It was the only serious offer lenders had received, which has now been rejected because of its low value. «The voting which closed late last week showed more than 66% of the lenders are in favour of liquidation.

11.01 / 01:05

markets UPS Digital Platform Strategy reports Schools InMobi to lay off 125 employees in operations rejig

InMobi group is overhauling its operations by adopting an artificial intelligence (AI)-first approach, which will lead to job losses for 125 employees or 5% of the Bengaluru-headquartered advertising technology company’s global workforce of 2,500, said people with knowledge of the matter. The exercise, which is currently underway, is expected to be completed by the end of this month, they said.

11.01 / 01:05

markets UPS Aware CEO show reports Ecommerce roll-up companies pause brand buyouts, seek funds for survival

ecommerce roll-up model, in which a company acquires and scales up multiple brands, is showing clear signs of distress with key players pausing fresh buyouts as they look for capital, multiple people aware of the matter said. Goat Brand Labs, among the better funded startups in the sector, is racing against time to raise fresh capital amid a widespread slowdown, people aware of the matter said. The Tiger Global-backed startup’s travails come after nearly two years of record funding that helped roll-up ecommerce firms like Goat bulk up their portfolio of brands, spurred also by the entry of industry pioneer US-based Thrasio into the Indian market.

11.01 / 01:05

Provident Cooper security PwC Healthcare reports Proxy advisor against Aster DM Healthcare's gulf deal

Aster DM Healthcare's resolutions seeking shareholder approval for the $1 billion deal involving the sale of its business in the GCC (Gulf Cooperation Council) region to Alpha GCC Holdings, an entity partly held by promoters. Aster DM has proposed two resolutions — the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary Affinity Holdings to Alpha GCC. The e-voting, which began on December 24, will end on January 24. Aster DM Healthcare has put forth a proposal to segregate its India and GCC segments through the divestment of ownership in its subsidiary, Affinity Holdings, responsible for operations in the GCC region.

10.01 / 23:43

Cooper Election community Experts show reports International AI-Fueled Misinformation Leads World's Greatest Short-Term Risks, WEF Survey Shows

As artificial intelligence (AI) rapidly evolves, becoming more capable and accessible than ever, AI-fueled misinformation and disinformation led a ranking of global leaders' top concerns for the next two years as the 2024 election year kicks off and geopolitical conflict persists, the World Economic Forum's (WEF) Global Risks Report 2024 found.

10.01 / 23:39

actress reports Equality Courts Jason Momoa, Lisa Bonet's divorce reaches settlement

Jason Momoa and Lisa Bonet swiftly reached a divorce agreement merely one day after the filing. The divorce petition was submitted by Bonet on Monday, and the judgment was promptly filed on Tuesday, according to reports. In an amicable resolution, the ex-couple has come to an agreement for joint legal and physical custody of their two children, 16-year-old daughter Lola and 15-year-old son Nakoa-Wolf. The court documents specify that Bonet and Momoa have opted to «share the living expenses» for their minor children, with neither party obligated to pay child support to the other.

10.01 / 23:39

markets CEO wellness pandemic 2020 reports McDonald's Double Big Mac is coming. Check date, ingredients

McDonald's is reportedly introducing the Double Big Mac at participating restaurants across the US for a limited time starting January 24. This sandwich boasts an increased quantity of all-beef patties, totaling four, complemented by an extra serving of Big Mac sauce, along with pickles, lettuce, and chopped onions – although the cheese remains the same, with one slice positioned beneath the lower pair of patties, as per a USA Today report. Details regarding pricing and specific markets receiving the sandwich were not promptly addressed by McDonald's in response to inquiries.

10.01 / 22:11

Digital SEC coinbase Research Bitcoin electronic reports After-hours movers: KB Home, Coinbase and More

After-Hours Stock Movers:

10.01 / 21:33

markets Fox economy pandemic 2020 reports surges Mortgage demand surges at start of new year even as interest rates rise

FOX Business correspondent Madison Alworth shares why for many first-time homebuyers, the American dream is delayed as a result of high mortgage rates and home prices on 'Varney and Co.'

10.01 / 21:33

markets COST Fox Sustainability Fitch country reports US national debt tops $34T: How much debt is too much debt?

FreedomWorks chief economist Steve Moore joins The Bottom Line to weigh in on the Biden White house blaming the GOP for 90% of the national debt increase.

10.01 / 20:15

Racing security STU social hospital reports Commentary Police chief defends charging store clerk accused of beating robbery suspect with bat

robbery attempt last week.Social media reaction has poured in since police on Tuesday reported on the dual charges stemming from an incident on Jan. 5 in which a suspect allegedly struck a store clerk with a baseball bat and demanded money.However, police report the 22-year-old clerk was able to gain possession of the bat and followed the suspect outside the store.

10.01 / 20:13

CEO film WSJ Trade reports Ellison-led group explores Paramount deal

Skydance investors, led by CEO David Ellison and supported by billionaire Larry Ellison, are reportedly in early-stage talks to acquire a majority stake in National Amusements, the parent company of Paramount (PARA).

10.01 / 20:13

Target Action Software wellness reports PagerDuty adds 15% on takeover rumors; RBC says M&A interest could come from large tech players

PagerDuty (NYSE:PD) shares rose more than 15% following a report from Bloomberg News that the software company is actively exploring options in response to takeover interest from private equity firms.

10.01 / 20:13

Reuters Strategy reports Goldman Sachs names Greg Wilson as head of retirement for a unit - memo

(Reuters) — Goldman Sachs has appointed veteran Greg Wilson as head of its retirement for asset & wealth management (AWM) division, according to a memo seen by Reuters on Wednesday.

10.01 / 20:13

UPS Platform NVIDIA Trade reports Wall St climbs on megacap boost; inflation and earnings in focus

By Johann M Cherian and Ankika Biswas

10.01 / 19:59

markets security economy War reports Israel securities regulator to woo US investors as looks beyond Gaza war

By Steven Scheer

10.01 / 19:53

Reuters CEO Entertainment wellness WSJ reports Skydance Media CEO exploring all-cash bid to take control of Paramount - WSJ

(Reuters) — Skydance Media CEO David Ellison is exploring an all-cash bid to acquire entertainment giant Paramount Global's parent National Amusements, the Wall Street Journal said in a report on Wednesday, citing people familiar with the matter.

10.01 / 19:33

markets UPS Target wellness trends reports Headlines CPI: Market Optimism Hinges on Tomorrow's Report, but Fed's Target Remains Elusive

A lot is riding on tomorrow’s US consumer inflation report for December for markets, which are pricing in relatively upbeat news.

10.01 / 19:27

Cooper economy pandemic Trade President country reports Muizzu's bid to revive FTA with China may lead to debt crisis in Maldives

Maldives President Mohammed Muizzu has proposed to revive the free trade agreement with Beijing, but the move could push Male towards a debt trap. China's current share of Maldives total debt is 37% and there are fears that FTA will further increase debt share, pushing Maldives into a Sri Lanka-type crisis, ET has learnt. The Covid pandemic, notwithstanding India's generous assistance to the island nation, has dented Maldivian economy, according to observers.

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