Show Financial News

Oppenheimer' a great film, veteran filmmaker Spike Lee said it would have been better if its director Christopher Nolan had showed the impact of the nuclear bombs on the Japanese people during World War II. Fronted by Cillian Murphy, 'Oppenheimer' is a 180-minute-long sprawling biographical drama on the titular American theoretical physicist, which was released in theatres on July 21. It has emerged as one of the biggest-grossing films of the year.

The S&P 500 (SPX) closed 0.5% higher after a strong rally on Friday, following the release of the jobs data for September. Stocks rallied as the report shows that wage growth continues to slow down, fueling optimism that the Fed may not have to hike again.

Willis Lease Finance Corporation requested the National Company Law Tribunal, Delhi, to issue a notice in the insolvency case filed against Spicejet on Monday. The senior counsel for WLFC argued that the company was within its rights to file an insolvency petition Spicejet under Section 9 of the Insolvency and Bankruptcy Code, 2016. The counsel referred to the mail correspondence between WLFC and Spicejet to establish that the servicer was handling debt negotiations in this case.

Michael Chiarello has passed away at the age of 61 due to a severe allergic reaction. Chiarello, known for his culinary expertise, served as a judge on Bravo's Top Chef and Top Chef Masters. He was a frequent guest on shows like the Today Show and The View.

It was supposed to be one of the greatest stock market comebacks of all time. But after a summer slump, there’s a nagging fear it might just keep slipping away. 

Underlying U.S. inflation is seen rising at a monthly pace that corroborates the message from central bankers that interest rates will need to stay higher for longer.

Investing.com — Several airlines have halted or reined in some flights to Israel following the escalation of violence between the country's forces and Palestinian group Hamas.

Investing.com — U.S. stock futures slumped Monday as the escalating conflict between Israel and Hamas added geopolitical risk to concerns over elevated inflation and rising interest rates.

Unsold housing stocks in Tier 1 cities in India dropped to 5,08,464 units in Q3 2023 from 5,26,497 units in Q3 2022, representing an 11% decrease.

The Muzaffarpur police department suspended two home guards and a police driver on Sunday for their involvement in disposing of certain remains of a road accident victim into a canal located in the Fakuli area.

Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital Ltd, has received multiple show cause notices from the Directorate General of GST Intelligence, amounting to Rs 922.58 crore. According to sources, the company has received four notices from the DGGI demanding GST of Rs 478.84 crore, Rs 359.70 crore, Rs 78.66 crore, and Rs 5.38 crore respectively, on the revenue generated from the services like re-insurance and co-insurance. According to a tax expert, the RGIC auditors will have to provide for this amount in its quarterly results ending September 30, as a contingent liability. RGIC is the crown jewel of Reliance Capital which is undergoing a debt resolution process through NCLT. RGIC constitutes almost 70 per cent of the total value of Reliance Capital.

The unwavering demand for luxury housing since the pandemic has kicked off a spate of new launches in this category. Latest ANAROCK data shows that out of 1,16,220 units launched in Q3 2023 in the top 7 cities across various budget categories, approx. 27% (approx. 31,180 units) were in the luxury category. This is the highest quarterly luxury supply entering the market in the last five years.

By Howard Schneider

(Reuters) — U.S. stock index futures slipped on Monday as a growing conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors toward safe-haven assets, while crude prices jumped close to 3%.

Cogwise is a trending new platform set to transform the AI trading landscape by integrating blockchain security with the precision of artificial intelligence. 

The Ethereum price has dropped by 0.5% in the past 24 hours, dipping to $1,619 as the market as a whole falls by roughly the same percentage within the same amount of time.

Investing.com — The safe-haven U.S. dollar gained in early European trade Monday as the escalation of the conflict in the Middle East hit risk sentiment, following on from last week’s strong payrolls report.

By Joice Alves and Rae Wee

Barrenjoey Capital Partners is paying its deal makers their bonuses in monthly instalments, instead of quarterly, as investment banks ride out the downturn in fees and come up with creative ways to mitigate defections.

racing drones with improvised warheads. Ukraine’s defence ministry calls them kamikazes, because the warhead destroys the drone itself. They are also known as First Person View (FPV) drones because the operator dons goggles that show a video feed from them as they fly.

Auto firms look to speed up as festive season kicks-off The three-wheelers segment saw record breaking numbers. "The segment maintained momentum, setting consecutive all-time high retail records. Sales for September peaked at 102,426 units, marking a staggering 48.58 percent growth YoY; a 5 percent growth month-over-month (MoM); and breaching the 1 lakh units mark," FADA said.