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domestic equity benchmarks settled around a percent lower amid volatility due to the monthly F&O expiry and dragged by weak global cues. Going ahead, the weakness in the market is likely to extend till the worry over the elevated oil prices and higher interest rates remains, posing a risk to the earnings growth trajectory. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Asian markets traded higher on Friday following overnight gains on Wall Street and release of key economic data in Japan.

Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back of stubborn inflation.

A Los Angeles-based broker who was a big seller of GWG Holdings bonds is facing a staggering $7.85 million in investor lawsuits as GWG winds its way through bankruptcy proceedings and no one knows what the bonds are worth.

The start of fall brings wafts of pumpkin spice everything, from seasonal lattes to limited-edition Cheerios, and changing colours, but also the beginning of the final push for charitable giving, which must be done by Dec. 31 if you want to reap the tax benefits on your 2023 tax return.

As the bickering begins over how much of the Canada Pension Plan fund Alberta would be entitled to if it pulls out of the national pension scheme, there is a fast-growing pool of money managed by CPP Investments on which all appear agreed the western province would have a much smaller claim. 

No matter how you slice and dice it, one thing is clear: the reflexive stock market rally that began last October (and ended this past August) never had much in the way of fundamental underpinnings. Momentum, yes. Technical picture, yes. Sentiment and emotion, yes. Fundamentals and valuations, sorry, no. And this is why we never bit despite all the external pressure to do so. Everyone loves a bullish narrative.

Check out the companies making headlines in midday trading.

(Reuters) -Chico's FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging 63% in premarket trading.

By Davit Kirakosyan

In the world of investing, the market's consensus on a particular stock can be a valuable signal, but it's crucial to remember that it's just one piece of the puzzle. Market sentiment can be a powerful force, but it's not infallible.

New York Attorney General Letitia James is no stranger to picking fights with powerful targets

A group of Chinese immigrant workers is suing over forced labor and human trafficking claims that stem from an illegal marijuana growing operation in northwestern New Mexico

Indian Express, "The LG brought out the fact that even after the issue being flagged and discussed in the last zonal council meeting at Jaipur in 2022, it remained unaddressed, especially on the part of Punjab." ALSO READ: Delhi witnesses 'first' GOOD air quality day of 2023, records cleanest air quality with AQI of 45 In the meeting, LG Saxena mentioned though Rajasthan, Haryana and Uttar Pradesh took efforts to address the menace, Delhi continues to suffer 'acute air pollution' as smoke emanates from Punjab, despite he wrote letter to state chief minister on 4 November, 2022. Meanwhile, Punjab Government on Tuesday submitted a State action plan and District-wise action plans for tackling the problem of stubble burning to the Commission for Air Quality Management (CAQM) for the current paddy harvesting season.

Finals fever has spread as far as Reno, Nevada, where the American lawyers who work for Peter Moore’s gold exploration company have been closely monitoring the selection dilemmas facing Collingwood ahead of Saturday’s AFL grand final.

2023's break-out memecoin Pepe Coin (PEPE) has exploded +5% as market interest returns to the beloved token - but with PEPE pipped for top place by Wall Street Memes (WSM) - can Pepe coin end the month on a high?

Zerodha values itself at around Rs 30,000 crore, or approximately $3.6 billion. While the Bengaluru-headquartered company has never raised private capital, it makes public its valuation estimates for its employee stock options buyback programmes. On September 26, Zerodha announced an overall revenue of Rs 6,875 crore for fiscal 2023, and a profit after tax of Rs 2,900 crore. Taking to LinkedIn, Nithin Kamath, chief executive officer of Zerodha, said he values the company at 10 to 15 times of its PAT.

Amazon has won court backing for now in its fight against EU tech rules that label it as a very large online platform (VLOP) required to provide researchers and authorities access to its ad repositories to see how ads are targeted. The U.S. online retailer took its grievance to Europe's second highest court, the Luxembourg-based General Court, in July after EU antitrust regulators in April designated it as a VLOP along with 18 other platforms and search engines.

By Gwladys Fouche

BERLIN (Reuters) — Five economic institutes are predicting Germany's economy will shrink by 0.6% this year, as rising interest rates take their toll on investment and high inflation depresses consumption.

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PTI reported. Road Transport and Highways Secretary Anurag Jain, who briefed the reporters along with Gadkari in New Delhi, said the ministry has done the mapping of the entire national highways length of 1,46,000 kilometres and is firming up performance-based maintenance and short-term maintenance contracts to remove potholes by December this year. For the upcoming highway construction projects, the government is likely to issue contracts under the Built-Operate-Transfer (BOT) mode, as Gadkari suggested that highways developed under this model are considered to be more resilient and adequately maintained.