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08.07 / 04:21

UPS Reuters Ford CEO Strategy Tesla Customer Tesla debuts customer referral in EV war's next move

ClimateDepot publisher Marc Morano discuss the EV push and how Ford is preparing another round of layoffs on ‘The Bottom Line.'

07.07 / 19:53

UPS Reuters RIG Morningstar Oil prices week Oil prices up 3% to 9-week high on supply concerns

By Scott DiSavino

07.07 / 19:53

UPS Provident Reuters BlackRock Republicans question BlackRock fund governance, revisiting old concerns

By Ross Kerber

07.07 / 19:53

UPS IPO Reuters Platform Tencent Fine Ant regulatory China ends Ant Group's regulatory revamp with $984 million fine

By Julie Zhu and Jane Xu

07.07 / 19:05

Target Reuters JPMorgan Platform Biogen Solar Stocks making the biggest moves midday: Rivian, Levi Strauss, Biogen, First Solar and more

In this article

07.07 / 18:35

COST UPS Reuters Manufacturing US job gains smallest in 2-1/2 years; labor market still tight

By Lucia Mutikani

07.07 / 18:19

Provident Reuters Digital RBI working on fintech regulations: deputy guv

MUMBAI : The Reserve Bank of India (RBI) is working on regulations that will be more “developmental" for fintech companies, according to Reserve Bank of India (RBI) deputy governor T. Rabi Sankar. “We are working on regulations (that) would be specific to fintech entities and the fintech ecosystem," he said at an event in Bengaluru.

07.07 / 15:59

UPS Lowe's Reuters CEO Fighting Strategy Dreams However war ends, Ukraine's diminished population will hit economy for years

By Olena Harmash

07.07 / 14:55

COST UPS Twitter Reuters Samsung Jobs report ahead, Twitter threatens Meta over Threads - what's moving markets

Investing.com — Investors look ahead to the publication of the latest U.S. nonfarm payrolls report, hoping that the data will provide some clues into the Federal Reserve's policy outlook. Elsewhere, Twitter threatens to bring a lawsuit against Meta over the Instagram owner's new Threads app, while the Chinese government reportedly gears up to impose a $1.1 billion fine on fintech titan Ant Group.

07.07 / 14:49

UPS Reuters Manufacturing Vedanta to take over Foxconn chip JV from holding company

Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set up to make semiconductors.Vedanta also said it would also take over a display glass manufacturing venture from Volcan Investments, Vedanta's holding company. Volcan and Foxconn signed a pact last year to invest $19.5 billion to set up semiconductor and display production plants in the state of Gujarat in west India to tap into the country's plans to become an electronics major.

07.07 / 14:39

UPS FIVE Reuters NIFTY MSCI Standard index HDFC Bank to replace HDFC on MSCI global standard index from July 13

Housing Development Finance Corporation (HDFC) on the MSCI Global Standard indexes from July 13, following the mega-merger of two firms, according to an MSCI notice published on Friday. HDFC and HDFC Bank completed their $40 billion merger - the largest in India's corporate history on July 1 and have set July 13 as the "record date" for shareholders to swap HDFC's shares with those of HDFC Bank.

07.07 / 14:05

UPS Target Reuters Unemployment Unemployment Rate US nonfarm payrolls rise to 2.09 lakh in June even as overall jobs growth declines; unemployment rate falls to 3.6%

unemployment rate retreating from a seven-month high and fairly strong wage gains continuing. Nonfarm payrolls increased by 209,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Data for May was revised lower to show payrolls rising 306,000 instead of 339,000 as previously reported.

07.07 / 13:55

Facebook COST Twitter Reuters CEO Platform Tesla elon Twitter threatens to sue Meta for hiring employees Elon Musk fired saying they would be of ‘great use elsewhere’

Elon Musk after completing his takeover bid of Twitter fired almost half of the company's 7,800 employees. The massive lay-off as a bid to induce cost cutting on the part of the Tesla chief received backlash and criciticism for being brutal.

07.07 / 12:39

IPO Reuters Fine Ant Chinese central bank imposes $984-million fine on Ant Group

China's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group.

07.07 / 11:20

UPS Reuters Action Boeing Micron play Yellen calls on US, China to play nicely with economies

US Treasury Secretary Janet Yellen said competition between the world’s biggest economies is not a “winner-take-all” situation, and called for both sides to manage their rivalry with a fair set of rules.

07.07 / 11:19

Reuters NASDAQ JPMorgan Chase ADP Markets brace for US jobs data as Fed hike looks more likely

Stocks declined as investors prepared for another round of US jobs numbers to gauge if they will back new bets for more Federal Reserve interest rate hikes.

07.07 / 10:33

Lowe's Reuters NIFTY SENSEX ADP fall Market wrap: Sensex, Nifty fall by almost a per cent each; investors get poorer by nearly ₹2 lakh crore in a day

equity market suffered strong losses on Friday (July 7) as investors jumped to take some money off the table amid weak global cues as concerns over rate hikes grew stronger amid strong US macro data. While there has been a long-running concern that the US economy was slipping into a recession, economic data have been showing that the world's largest economy remains strong despite a series of rate hikes by the US Fed.

07.07 / 10:33

Provident Lowe's Reuters Progressive ADP analysts Low Rupee sits at one-month low against US dollar; may depreciate further to 83, say analysts

US Federal Reserve would be more aggressive than expected in increasing interest rates this year. The local currency fell to the levels of 82.66 to a dollar, its lowest since May 30. It has weakened by nearly 0.84% against the American currency so far this week.

07.07 / 09:43

UPS Twitter Reuters Strategy AIIB rebuts accusations of Chinese Communist Party control

Chinese Communist Party, the bank said on Friday, following an investigation. In June, Bob Pickard said on Twitter he had resigned from the bank as it was «dominated by Communist Party» members and had a «toxic culture», accusations the AIIB dismissed as baseless at the time.

07.07 / 09:21

Reuters Digital Coca-Cola ICE PepsiCo Cardiovascular Confusing sugar wars: Defying West, India will go its own sweet way on aspartame

India (FSSAI), banned stevia, a natural sweetener, in 2011, and then reversed its decision and approved it in 2015. It currently approved the use of several artificial sweeteners including the controversial aspartame, which is going to be declared a possible carcinogen by the International Agency for Research on Cancer (IARC), the World Health Organization's (WHO) cancer research arm, Reuters has reported.

07.07 / 09:21

UPS IPO Reuters Enterprise Fine Ant end regulatory China to end Ant Group's regulatory revamp with fine of at least $1.1 billion

Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an end to the fintech company's years-long regulatory overhaul. The People's Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expected to disclose the fine in the coming days, the sources told Reuters. The penalty, which would be one of the largest ever fines for an internet company in the country, will help pave the way for the fintech firm to secure a financial holding company license, seek growth, and eventually, revive its plans for a stock market debut.

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