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Investing.com — US stock futures were trading slightly higher on Wednesday evening, even as the Nasdaq Composite recorded a fourth consecutive trading day of losses.

Investing.com-- China’s service sector grew past expectations in December, a private survey showed on Thursday, as continued stimulus measures helped push up local demand, while a rout in overseas orders also eased. 

bankruptcy data provider Epiq AACER. According to the data published on Wednesday, the total bankruptcy filings rose to 445,186 in 2023 from 378,390 in 2022.

Arvind Kejriwal and his Jharkhand counterpart Hemant Soren are the two CMs who currently under the scanner of the Enforcement Directorate (ED) over money laundering cases. They both have skipped summons by the financial probe agencies and are in a close radar of the financial prove agency. Speculations are rife that these two chief ministers may get arrested.

Catch all the LIVE updates on Jeffrey Epstein document release hereA woman who has said she was victimized by deceased sex trafficker Jeffrey Epstein said Britain's Prince Andrew put his hand on her breast at Epstein's Manhattan townhouse in 2001, according to court documents from a civil suit unsealed on Wednesday.The incident, which has been previously reported and Andrew has denied, was among the details revealed in a trove of previously redacted documents.Jeffrey Epstein document release LIVE Updates: A New York judge on Wednesday started the process of revealing the identities of individuals associated with Jeffrey Epstein, the American financier who died by suicide in 2019 while awaiting trial for sex crimes. As reported by AFP, the first set of documents, consisting of 40 previously undisclosed records comprising nearly 1,000 pages of depositions and statements, has been unsealed.

Hindenburg Research's allegations of fraud, misgovernance and stock price manipulation. It said the Securities and Exchange Board of India (Sebi) was conducting a «comprehensive investigation» that «inspires confidence.» It asked the regulator to complete investigation within three months. Sebi has, so far, completed its Supreme Court-ordered probe into 22 of 24 items. The apex court also asked the Centre and Sebi to constructively consider suggestions of the six-member expert committee headed by former Supreme Court judge AM Sapre, and take further action to strengthen the regulatory framework, protect investors and ensure the orderly functioning of the securities market.

NEW DELHI : ONGC Videsh will get oil supplies from Venezuela in lieu of dividend worth $600 million for its 40% stake in the San Cristobal field, said Pankaj Jain, secretary, union ministry of petroleum and natural gas. Jain told reporters that OVL is waiting for the final dates to lift the cargo. Mint on Wednesday reported that OVL is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million.

Adidas is setting up its first and only global capacity centre (GCC) in Asia outside China in Chennai, to focus on 'key processes', sources aware of the developments told ET. The athletic footwear and apparel giant’s move reinforces the recent boom of multinationals investing in India in large numbers to set up their GCCs to harness the abundant software skills in the country.

After-Hours Stock Movers:

Goldman Sachs is expected to be the latest financial institution to take on the role of authorized participant (AP)  in two key Bitcoin ETFs, according to a new report.

₹150 crore in Ebitda (earnings before interest, tax, depreciation, and amortization) when they list—which is typically the expectation that capital market investors have for listed companies. “We are seeing strong institutional investor interest in scaled healthcare delivery and pharmaceuticals assets in the capital markets. Many of these listed entities are trading at huge premiums, which is a reflection of demand and supply in this space," Buggana said.

Until the rise of online retail, you might have been forgiven for thinking that all apparel was shipped in burlap sacks. Today, garment spending can be made sustainable by using re-usable wooden hangers, paper shopping bags and recycled fibres. The only glimpse of plastic in many fashion stores is the electronic equipment at the checkout.

NEW DELHI : The new BJP government in Rajasthan has sought the union health ministry’s approval to integrate the previous administration’s Chiranjeevi health insurance scheme with the Centre’s Ayushman Bharat programme, two officials privy to the matter said. The scheme, to be named Ayushman Bharat Mukhyamantri Chiranjeevi Health Insurance Scheme, is expected to retain the existing benefits of the state scheme, including a ₹25 lakh insurance cover in both private and government hospitals, the officials said. The Chiranjeevi scheme, introduced by former chief minister Ashok Gehlot of the Congress party, offers higher coverage compared to Ayushman Bharat’s ₹5 lakh.

Federal Reserve Bank of Richmond President Thomas Barkin said a soft landing for the US economy is looking more likely but hardly certain, noting he’d need more conviction about the path of inflation before supporting a rate cut. “A soft landing is increasingly conceivable but in no way inevitable," Barkin, who will vote on policy decisions this year, said in a speech Wednesday.

NEW DELHI : Truckers are protesting against proposed stringent punishment for hit-and-run accidents. It has led to fuel shortages in many cities and put the spotlight on the importance of this sector. Mint looks at the economics of truckers and their impact on the economy.

(Reuters) — Federal Reserve officials project the U.S. central bank will cut its benchmark overnight interest rate during 2024, but the timing and pace of the reductions in borrowing costs will depend heavily on upcoming inflation and jobs data.

By Lucia Mutikani

UBS Private Wealth Management financial adviser Sarah Ponczek and Lou Basenese discuss how rising interest rates and inflation are impacting markets on 'Mornings with Maria.'

A senior ETF analyst has cast doubt on the accuracy of a new report published by crypto investment services provider Matrixport alleging the SEC may very well reject all spot Bitcoin ETF applications come January.

In 2023, Apple (NASDAQ:AAPL) stock had a strong performance, finishing the year at $192.53, marking a significant 48% gain from 2022.

The EUR/USD’s sluggish start to the year continued in the first half of Wednesday’s session, with investors showing a preference for the US dollar ahead of key data releases from the world’s largest economy.