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10.12 / 12:57
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Bank of Canada readies for a rate cut. Why the loonie is bracing for impact
With the Bank of Canada gearing up for its final interest rate decision of 2024, experts warn the flagging Canadian dollar could well have further to fall if the central bank delivers the sizeable cut that markets expect.
10.12 / 12:19
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AllianceBernstein set to sue Switzerland over $17bn Credit Suisse debt wipeout- reports
According to reports from the FT, the case is being brought by firm Quinn Emanuel Urquhart & Sullivan, who is representing Credit Suisse bondholders. With more than $800bn assets under management, AllianceBernstein marks the first large asset manager to join the claim and is aiming for $225m worth of damages from the Swiss government, people familiar with the matter told the FT. UBS seals £8bn deal with Swiss government to cover Credit Suisse losses The law firm is set to argue that the Swiss state brokered the deal that saw Credit Suisse subsumed last year and this was an unlawf...
10.12 / 11:57
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Boeing to layoff hundreds in Washington state as company-wide cuts continue
Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'
10.12 / 11:57
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American Airlines halts flights to Haiti
Check out what's clicking on FoxBusiness.com.
10.12 / 11:19
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International
China stages largest show of force in decades after US visit by Taiwan’s Lai
Subscribe to enjoy similar stories. TAIPEI—China massed dozens of navy and coast guard vessels in what appears to be the largest maritime exercises targeting Taiwan and the broader Western Pacific region since 1996, a potent warning to the incoming Trump administration of its intention to eventually take control of the island. China’s military didn’t announce the start of any drills.
10.12 / 11:19
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How years of Reddit posts have made the company an AI darling
Subscribe to enjoy similar stories. Artificial-intelligence companies were one of Reddit’s biggest frustrations last year. Now they are a key source of growth for the social-media platform.
10.12 / 11:11
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RG Kar case: Suggestions on security, safety of med professionals to be shared with NTF, says SC
gender-based violence and developing safety protocols for doctors and medical staff at hospitals with the court-appointed national task force. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar said the NTF will file its report within 12 weeks from Tuesday for its consideration. The top court constituted the NTF on August 20 to formulate a protocol for ensuring safety and security of medical professionals in the wake of the rape and murder of a doctor at RG Kar Medical College and Hospital in Kolkata. While hearing the suo motu case on Tuesday, the CJI said the case would be next heard in the week commencing March 17, 2025, but suggested the parties could seek an earlier hearing if the rape and murder trial of the case was delayed.
10.12 / 08:41
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Poco M7 Pro launching on December 17: Here’s everything you need to know
Also read: Oppo Find X8 Pro: Premium build, powerful camera and packed with featuresFlipkart recently released a microsite for Poco M7 Pro, revealing the specifications of the smartphone ahead of launch. Reportedly, the smartphone will feature a 6.67-inch FHD+ GOLED display with 120Hz adaptive refresh rate and up to 2100nits peak brightness.
10.12 / 08:41
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Oil marketing companies eye a strong Q3, but LPG could be a dealbreaker
Subscribe to enjoy similar stories. State-run oil marketing companies (OMCs) are set for a better December quarter (Q3FY25) after seeing earnings drop sharply year-on-year in the first half of the fiscal year. Amid healthier demand for crude oil and refined products in November, largely stable crude prices improved refining and marketing margins.
10.12 / 08:37
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Adani Power shares 1.16 per cent in Tuesday's trading session
Adani Power Ltd. 1.16 per cent to Rs 529.45 in Tuesday's trade as of 01:58PM (IST) even as the benchmark Nifty ruled at 24526.05, 92.96 points. The scrip had closed at Rs 535.70 in the previous session. The stock quoted a 52-week low of Rs 430.85 and a high of Rs 896.75. The company quoted a market-cap of Rs 204417.76 crore on the BSE.
10.12 / 08:37
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Share price of Voltas as Sensex drops 289.86 points
Voltas Ltd. 0.03 per cent to Rs 1763.90 at 01:53PM (IST) in Tuesday's trade. The counter hit a high of Rs 1775.00 and low of Rs 1754.20 so far during the session. The stock had closed at Rs 1764.50 in the previous session. The counter had a total traded volume of 01:53PM shares so far with a turnover of Rs 1.96 crore on BSE. The stock traded at a price-to-earnings multiple of 105.61 and a price-to-book ratio of 6.27.
10.12 / 08:37
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How much did Kamala Harris' campaign pay Beyonce's production company to endorse her? Startling truth revealed
Kamala Harris's campaign has been accused of spending millions of dollars on paying celebrities to endorse her. The payment went to Parkwood Production Media LLC on November 19, the election month, after the two made a joint appearance at an event in Beyoncé's hometown of Houston. According to the report, the company is also known by its more public name, Parkwood Entertainment, a management, production and record label founded by the singer-songwriter in 2008. Kamala Harris received multiple star-studded endorsements, including from Taylor Swift, Julia Roberts, Oprah, Lady Gaga and Jennifer Lopez. Harris’ campaign and vice president’s office did not respond to request for comment.
10.12 / 08:37
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Tata Power shares 1.52% as Sensex falls
Tata Power Company Ltd. traded 1.52 per cent in Tuesday's session at 01:43PM (IST). The stock opened at Rs 442.75 and has touched an intraday high and low of Rs 443.20 and Rs 433.70, respectively, during the session so far. The stock quoted a 52-week high of Rs 494.85 and a 52-week low of 312.60. About 1,028,725 shares changed hands on the counter so far.
10.12 / 06:33
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Mint Explainer: Why the auto sector is not out of the woods
Subscribe to enjoy similar stories. Sales of small and mid-sized cars have long served as a barometer of middle-income consumption and economic health. When these numbers shift, they often reflect deeper trends rippling through the broader economy.
10.12 / 05:27
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Au Small Fin Bank shares 1.07 per cent in Tuesday's trading session
Au Small Finance Bank Ltd. 1.07 per cent to Rs 587.25 in Tuesday's trade as of 10:40AM (IST) even as the benchmark Nifty ruled at 24620.75, 1.75 points. The scrip had closed at Rs 581.00 in the previous session. The stock quoted a 52-week low of Rs 554.00 and a high of Rs 813.00. The company quoted a market-cap of Rs 43667.95 crore on the BSE.
10.12 / 05:27
10.12 / 04:35
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Boeing lays off hundreds in Washington and California as part of cuts announced previously
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company’s workforce by about 17,000
10.12 / 04:35
10.12 / 04:33
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The secrets of the man who made Nvidia the world’s most valuable company
Subscribe to enjoy similar stories. Every morning, the man who built one of the world’s most valuable companies scrolls through his inbox and looks at 100 of the most important emails that he’ll see all day. And on Sunday nights, he pours himself a glass of his favorite Scotch and reads even more of them.
10.12 / 02:33
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Wall Street closes down as tech stocks fall
Nvidia fell 2.5% after China's market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging the information technology sector down 0.45%.
10.12 / 02:33
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Gold hovers near two-week peak as focus shifts to US inflation data
Gold prices remained mostly unchanged on Tuesday, staying near a two-week high hit in the previous session, as investors awaited key U.S. inflation data, due later this week, for further insights into the Federal Reserve's interest rate outlook. FUNDAMENTALS
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