Trade Financial News

Bank of America and its subsidiary, Merrill Lynch, have reached a settlement with Finra, including a $3 million fine and censure, for a reported years-long failure to adequately supervise potentially manipulative trading by their customers.

The Federal Trade Commission inked a new rule to combat fake online reviews and sham social-media clout. The new rule, finalized this month and set to go into effect later this year, prohibits a slew of practices including: providing incentives for reviews that convey a particular sentimentreviews and testimonials by company insiders that don’t disclose the authors’ connection to the brandsuppressing unflattering reviewsreviews and testimonials attributed to people who haven’t used the product or aren’t real “The role of reviews is increasingly important in almost all of our purchase decisions," said Sandy Jap, a marketing professor at Emory University’s Goizueta Business School.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans pull back on purchases of appliances and other consumer electronics gadgets to focus on essentials

Crypto markets are having an uncertain recovery today, but Maker’s $MKR token has incurred some steep intraday losses.

The price of Toncoin has jumped by as much as 6% overnight, with its move to $5.62 going some way to correcting the plunge it suffered after French authorities arrested Telegram founder Pavel Durov on Saturday.

secondary market using the UPI-based block mechanism to their clients, similar to the ASBA facility. In the UPI block mechanism, clients can trade in the secondary market based on blocked funds in their bank accounts, instead of transferring the funds upfront to the trading member. The facility is currently optional for investors, and not mandatory for Trading Members (TMs) to offer as a service to clients.

[Bulgaria, 29th August 2024] Imagine trying to assess a candidate’s expertise in blockchain development, only to be met with unverifiable claims, scattered portfolios, and a lack of trustworthy references. This scenario highlights employers, collaborators, traders, and freelancers’ current dilemma.

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Shares of Au Small Finance Bank Ltd.(up 1.24 per cent), Punjab National Bank(up 0.68 per cent), State Bank of India(up 0.64 per cent), Axis Bank Ltd.(up 0.39 per cent) and Federal Bank Ltd.(up 0.19 per cent) ended the day as top gainers in the pack.

Tech Mahindra on Thursday said it has inked a pact with UK-based engineering service provider Marshall Group to combine their digital solutions and engineering capabilities to spur advancements in aerospace and the defence industry. Tech Mahindra in a statement said it will assist Marshall's engineering programmes in aircraft design and manufacture, special mission platforms, and the development of digital maintenance, repair, and overhaul (MRO) technologies. Marshall will also make use of Tech Mahindra's suite of data analytics and intelligent field support technologies to enhance its infrastructure solutions' operational efficiency and reliability. «Combining Tech Mahindra's global engineering and technology capabilities with Marshall's rich heritage and specialised knowledge, we are poised to create a powerful collaboration to drive innovation, deliver exceptional customer value, and enable the industry to scale at speed,» Narasimham R V, President, Engineering Services, Tech Mahindra, said.

On the BSE, Shashijit Infraprojects(down 19.92 per cent), Disha Resources (down 19.66 per cent), Chandra Prabhu(down 11.52 per cent), Suditi Ind(down 10.46 per cent) and Sterling Green(down 9.99 per cent) stood among the top losers in today's trade.

Chinese President Xi Jinping met with U.S. national security adviser Jake Sullivan

Info Edge (India) Ltd. traded at Rs 7669.1 on BSE at 01:29PM (IST) on Thursday, up 0.65 per cent from previous close. The scrip quoted a 52-week low price of Rs 3973.15 and a high of Rs 7669.15.

Nifty hit a fresh record high. The pessimism in the SME market comes after Sebi issued a warning to investors against blindly investing in SME stocks, where promoters of some companies paint an unrealistic picture of their operations.

United Spirits Ltd. traded at Rs 1444.0 on BSE at 12:48PM (IST) on Thursday, down 0.32 per cent. The stock quoted a 52-week low price of Rs 981.25 and a high of Rs 1480.0. Earlier in the day, the stock saw a gap down opening.

Bitcoin gained nearly 1% in the past 24 hours but remains below the $60,000 mark. The global crypto market cap increased by 0.63% to $2.1 trillion. As of 12:09 pm IST, Bitcoin was trading at $59,724, up nearly 1%, while Ethereum rose by 3.6% to $2,557.

MphasiS Ltd. traded 0.23 per cent down at Rs 3082.7 at 12:27PM (IST) on Thursday, even as BSE benchmark Sensex gained 202.92 points to 81988.48. The scrip had closed at Rs 3090.0 in the previous session. The stock quoted a 52-week high price of Rs 3152.3 and 52-week low of Rs 2068.45, respectively. As per BSE data, total traded volume on the counter till 12:27PM (IST) stood at 9375 shares with a turnover of Rs 2.89 crore.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Reliance Industries (RIL) will meet on September 5 to consider and approve a bonus issue in the ratio of 1:1. «The Board of Directors is scheduled to be held September 5, 2024, to consider and recommend to the shareholders for their approval, issue of bonus shares in the ratio of 1:1 to the equity shareholders of the company by capitalization of reserves,» the company said in a filing.

Tube Investments of India Ltd. traded at Rs 4011.3 on BSE at 01:54PM (IST) on Thursday, down 3.42 per cent from previous close. The stock quoted a 52-week low price of Rs 2832.05 and a high of Rs 4666.0.