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PayPal Holdings shares fell 7% in extended trading on Wednesday as investors were disappointed by the payments firm's quarterly operating margin, even as executives said they expect improvement towards the end of the year. Underwhelming margins at PayPal have been worrying analysts in recent quarters. The company's low-margin business products have grown strongly, while growth in its branded products has slowed due to increased pressure from competitors like Apple .

South Korean music group Tomorrow X Together is set to take the stage at the upcoming Lollapalooza music festival in Chicago, US, as a first-time headliner. Also called TXT, the band first performed at the gala in 2022. According to a press release, TXT will become the second K-pop act after BTS member j-hope to headline the festival, scheduled to run from August 3 to August 6 this year. The group — comprising Soobin, Yeonjun, Beomgyu, Taehyun and HueningKai — will perform at Lollapalooza 2023 on August 5 from 8.30 pm to 10.00 pm. The performance will be available for live viewing for global fans everywhere on Weverse Live, YouTube, and Hulu (only in the US), the release said. At the gala, the quintet will be accompanied by a live band and will present a set-list of songs from their discography.

Russia via a government-to-government deal to augment domestic stocks amid rising prices, said people aware of the matter. The All-India Consumer Wholesale Price of wheat was up 6.2% to ₹2,633 per quintal on Wednesday, from ₹2,480 a year ago. Prices have risen as the government has imposed stockholding limits and sold the grain in the open market to traders amid concerns about a shortfall in domestic production.

funding winter in the startup world is making several C-suite executives who helmed trailblazing new-age companies in recent years to quit and set up their own companies or join early-stage businesses that are receiving investor funds. A large number of top executives have moved from unicorns to Series A and B firms or even down the chain in recent months – a move that reflects fund flows in the startup space.

Opposition stuck to its demand for holding a discussion on the Manipur situation under Rule 267 in the Rajya Sabha and staged a walkout on Wednesday but for the first time since the monsoon session began on July 20 there were no adjournments and three bills were passed with only the NDA and neutral parties participating in the debate. Rajya Sabha Chairman Jagdeep Dhankhar announced that he has received 58 notices under Rule 267 but since these were not in order, he was not accepting them. He invited Leader of the Opposition Mallikarjun Kharge to express his views but when the latter reiterated that he has eight points on why there should be a discussion under Rule 267, the Chair stopped him.

The United States has expressed concerns over major land reclamation projects in Manila Bay, where its heavily secured embassy sits on one edge

Premier League striker Harry Kane is not far behind. As the transfer window deadline approaches, Harry Kane remains a player of Tottenham, but it seems unlikely to last much longer as Bayern Munich shows interest. Despite face-to-face talks on Monday, no resolution was reached, and it increasingly looks like a matter of «when» rather than «if» the England international will make the move to Bavaria. The two clubs' valuations still have a significant gap of about £20 million, depending on the deal's terms and structure. However, the fact that there is a gap in valuations is a significant point from the negotiations. Unlike in the past, Tottenham's valuation of Kane is not considered «priceless» anymore, especially with less than a year left on his contract, as per a report in CBS.

Mint has learnt. The project, which was announced during president Ranil Wickremesinghe’s visit to India in July, is expected to help Sri Lanka improve its energy security at an affordable cost. Among other things, the meetings are expected to touch on the physical alignment of the petroleum pipeline.

Cabinet secretary Rajiv Gauba is expected to review the progress of the production linked incentive scheme (PLI) for all the 14 sectors on Thursday, sources said. The meeting assumed significance as the government disbursed only Rs 2,900 crore till March 2023 out of Rs 3,400 crore claims received under the scheme.

Spirited Away," is set to captivate audiences in London. The highly acclaimed production will grace the London Coliseum, the largest West End theater, for a thrilling 12-week run starting in April 2024. Director John Caird expressed his pride and delight in presenting the original Japanese stage production of «Spirited Away» at the Coliseum Theatre. The show, created in 2022, promises to transport British audiences into the magical world crafted by Hayao Miyazaki.

Wednesday, August 2, 2023 – A crypto whale has invested $1 million in the Wall Street Memes $WSM presale, powering the new meme coin past its $20 million fundraising milestone.

Congress leadership on Wednesday discussed the party's strategy for the next Lok Sabha elections with senior party leaders from Karnataka. Congress president Mallikarjun Kharge and former party chief Rahul Gandhi were part of the discussions, where Karnataka Chief Minister Siddaramaiah and deputy chief minister D K Shivakumar, besides AICC general secretary in-charge for Karnataka Randeep Surjewala, were present.

XRP20 ($XRP20) is a new proof of stake (PoS) Ethereum token designed to reflect the philosophy and tokenomics of Ripple (XRP) but with a focus on retail investors.   

InterGlobe Aviation will set up a venture capital arm to make investments in early stage companies that are into aviation, consumer and allied sectors. The board of the company, the parent of the country's largest airline IndiGo, approved the incorporation of a Limited Liability Partnership (LLP) for venture capital investments on Wednesday.

Etherea, a leading flexible workspace provider, has leased 2.2 lakh sq ft of office space across two buildings owned by real estate developer Bhutani, according to two individuals familiar with the matter. «More than 50% of our commercial space is taken by flex space providers, suggesting demand is increasing. Corporate clients are also preferring coworking centres post covid,» said Ashish Bhutani, CEO, Bhutani Group.

Board of Control for Cricket in India (BCCI) has issued a tender for Media Rights for BCCI International and Domestic Matches, and it is seeking bids from reputable organisations. The ITT will be available for purchase till August 25. The BCCI said that the detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, rights and obligations, etc.

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systematic investment plan (SIP) route. A SIP is often an effective method for reducing market volatility. Through the ups and downs of market cycles, it helps you average out your investment costs.

New Delhi: Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, on Wednesday signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects.

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively.

Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday categorically said he cannot issue a directive to Prime Minister Narendra Modi to come to the House as opposition leaders pressed for a statement by Narendra Modi on the Manipur issue. Opposition leaders, who have been demanding a discussion on the ethnic violence in Manipur under Rule 267 of Rajya Sabha, later staged a walkout in protest. Rule 267 allows for suspension of the listed business for the day to discuss an issue suggested by a member.