Warning Financial News
15.08 / 16:57
Waters
Highways
Warning
Yamuna's water level breaches warning mark in Delhi
ALSO READ: Delhi on alert as Hathnikund Barrage water flow set to increase With a situation like this, low-level flooding may occur at a few places along the river but a grave situation is unlikely, the news website quoted an official of the Delhi government's irrigation and flood control department as saying. Meanwhile, since Sunday, at least 53 people have been killed in Himachal Pradesh as rain caused damage.
15.08 / 16:39
Citizens
Google
Mobile
Apple
Warning
IRCTC issues warning about fake mobile app campaign to deceive users
IRCTC Rail Connect to trick them.Stating that it is a fake application, the Indian Railway Catering and Tourism Corporation (IRCTC) has asked people not to fall prey to it. «It has been reported that a malicious and fake mobile app campaign is in circulation where some fraudsters are sending phishing links at a mass level and insisting users to download fake 'IRCTC Rail Connect' mobile app to trick common citizens into fraudulent activities,» the advisory said.
15.08 / 14:27
COST
Lowe's
Booking
Fitch
country
Warning
Opinion: Early warning signs for Canada from U.S. debt downgrade
Fitch’s recent downgrade of U.S. public debt, dropping it one notch below “AAA,” is good reason to examine the relationship between U.S. debt and the dollar’s future as a reserve currency. The greenback is just the latest in a series of preferred currencies that have been used for foreign exchange reserves and to denominate other assets. But reserve currencies, unlike diamonds, aren’t necessarily forever, and that affects their issuers’ capacity to manage their public debt.
15.08 / 14:03
JPMorgan
Chase
Fitch
Zions
PacWest
Drop
bank stocks
Warning
U.S. bank stocks drop after Fitch downgrade warning
(Reuters) — Shares of U.S. banks dropped in premarket trading after a Fitch Ratings analyst told CNBC that the agency could downgrade several lenders, while a proposed rule change by a top banking regulator added to investor worries.
15.08 / 12:01
Citi
Waters
Highways
Subway
Warning
Vast swath of northeastern China threatened by flooding as rivers rise above warning levels
northeastern China is threatened by flooding as at least 90 rivers have risen above warning levels and 24 have already overflowed their banks, state media reported Tuesday. Crews are standing by to defend homes and farmland across the Songliao Basin north of Beijing, which encompasses more than 1.2 million square km (482,200 square miles). The area includes parts of four provinces and several major cities with a total population of almost 100 million.
14.08 / 02:27
Waters
Southern
country
Warning
International
Russian warship fires warning shots at cargo ship in Black Sea, Ukrainian adviser says ‘violation of international law’
Also read: Russia-Ukraine war: NSA Ajit Doval says, 'India promotes dialogue, diplomacy' Russian officials stated that automatic weapons were used to halt the vessel with warning fire, and Russian military personnel boarded the ship with the assistance of a Ka-29 helicopter. After an inspection, the vessel continued its journey to Izmail.
13.08 / 15:55
10.08 / 04:01
COST
UPS
IPO
CEO
SoftBank
Warning
Once worth $47 billion, WeWork shares near zero after bankruptcy warning
WeWork shares approached zero on Wednesday after the one-time startup darling warned it could go bankrupt in a stunning reversal of fortune for a company that was once privately valued at $47 billion. The SoftBank-backed company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty losses, corporate governance lapses and the management style of then founder-CEO Adam Neumann. WeWork's woes did not abate in subsequent years.
09.08 / 15:41
COST
IPO
Provident
Lowe's
CEO
Warning
WeWork shares sink after warning of bankruptcy risk
WeWork warned of a possible bankruptcy in a stunning reversal of fortune for the shared workspace provider that four years ago was one of the world's most prized startups with a valuation of $47 billion. The SoftBank-backed company, valued at just $446.8 million as of last close, has been in turmoil ever since it filed its IPO paperwork in 2019 as investors pointed out governance issues involving its then founder-CEO Adam Neumann. The company went public in 2021 through a SPAC merger after abandoning its IPO plans, but the struggles continued as investors doubted its business model and clients moved to hybrid work since the pandemic.
09.08 / 15:25
COST
Provident
CEO
Action
country
Warning
NOT
WeWork India says not impacted by US-based WeWork Global's bankruptcy warning
WeWork India on Wednesday said its business will have no impact from the development in US-based WeWork Global, which has said «substantial doubt» exists about the company's ability to continue as a going concern. In WeWork India, Bengaluru-based real estate firm Embassy Group hold a 73% stake, while WeWork Global has a 27% shareholding. In June 2021, WeWork Global, which is a leading provider of flexible workspace, invested $100 million (about Rs 750 crore) in WeWork India.
09.08 / 11:35
UPS
Target
show
country
world economy
Warning
China Slips Into Deflation in Warning Sign for World Economy
Covid-19 pandemic curbs late last year, China is suffering an unusual bout of falling prices for a range of goods, from commodities such as steel and coal to daily essentials and consumer products such as vegetables and home appliances. China’s economic predicament stands in contrast to that of the U.S. and other developed Western economies, where soaring inflation after the lifting of Covid restrictions sent central banks, including the Federal Reserve, on an aggressive path of interest-rate increases aimed at cooling the economy without triggering a recession.
09.08 / 10:15
markets
Bitcoin
Bitcoin Price
Warning
Bitcoin hits $30.2K August high amid warning longs ‘chasing’ BTC price
Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return.
06.08 / 06:21
Provident
Manufacturing
Action
cover
letter
Warning
USFDA issues warning letter to Intas Pharma for Sanand plant
Intas Pharmaceuticals for manufacturing lapses, including failure of its quality control unit to ensure CGMP compliance, at its Sanand-based manufacturing plant. In a warning letter dated July 28, 2023, the US Food and Drug Administration (USFDA) pointed out various manufacturing lapses at the plant.
05.08 / 04:25
Target
Citizens
Google
Mobile
Apple
Interface
phishing scam
Warning
Beware of phishing scam! IRCTC issues urgent warning against fake mobile app targeting users
Indian Railway Catering and Tourism Corporation (IRCTC) has issued an urgent warning about a malicious and widespread mobile app campaign. Fraudsters have been circulating phishing links on a large scale, attempting to deceive unsuspecting users into downloading a fake 'IRCTC Rail Connect' mobile app.
04.08 / 14:33
Blockchain
NFT
Cybersecurity
security
Scams
community
Warning
Users said CertiK's warning was a false alarm, then, the project rugged
A blockchain security firm tried to warn users of an imminent rug pull surounding a crypto project. Investors became angry and fired back. The firm rescinded the security alert. Then, the project it accused of being a rug pull, pulled the plug.
04.08 / 13:21
UPS
Strategy
Teachers
Warning
UP develops 'early warning system' to reduce school dropouts; create a single body for teachers jobs
Uttar Pradesh government is planning «early warning system» across schools in the state. Taking inspiration from the Netherlands, the basic education department has initially implemented the new system in Gonda, Bahraich, Balrampur, and Shravasti districts of Uttar Pradesh. As per a ToI report, the primary objective of this system is to ensure that students remain engaged in their education and do not discontinue their schooling.
04.08 / 09:29
FIVE
Reuters
VISA
Strategy
Mobile
Qualcomm
Warning
Qualcomm India appoints Savi Soin as President amid warning of potential job cuts
Indian market. The statement said, “Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India," reported PTI. Savi Soin, who has been with Qualcomm for more than two decades, previously served as the head of strategy and business development at Qualcomm Technologies' semiconductor division.
04.08 / 09:13
Provident
CEO
Warning
Waiting for income tax refund? Government has this warning for you
Income tax refund: If you have received a message claiming an income tax refund of ₹XXXXX amount has been approved and you need to verify or update your bank account. Beware! This is a fake message, please do not bother to respond to any such messages.
04.08 / 00:33
stocks
Warning
Tupperware stock surging despite warning of business failure. Why?
Tupperware, the well-known maker of food storage containers, has seen its stock soar in recent weeks despite warning earlier in the year its fate may soon be sealed.
01.08 / 13:37
01.08 / 07:55
UPS
Action
Pool
Corning
SPY
country
Warning
Could economic indicators give an early warning of a war over Taiwan?
signs of a potential conflict. The most likely flashpoint is Taiwan, the self-governing island that China claims and America supports. Were China planning to invade Taiwan, its military preparations would be hard to hide.
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