Business News
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The two weeks since Rachel Reeves delivered her first UK Budget as chancellor have been pretty downbeat. Businesses have griped over her tax rises, gilt yields have nudged up and the election of the tariff-loving … Read more
Elon Musk might be in charge of the business of Grok, but the artificial intelligence has seemingly gone into business for itself, labeling Musk as one of the worst offenders when it comes to spreading misinformation online. User Gary Koepnick asked the AI which person spreads the most information on Twitter/X—and the service did not … Read more
The Solar Energy Corporation of India Ltd (SECI), the country’s leading renewable energy agency, has issued a notice to Reliance Power, led by Anil Ambani, questioning why criminal action should not be initiated against the company, Reuters reported. This follows allegations that a subsidiary of the power producer submitted fraudulent documents for a bid, according … Read more
Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that Javascript and cookies are enabled … Read more
RLX Technology (NYSE:RLX) is scheduled to announce Q3 earnings results on Friday, November 15th, before market open. The consensus EPS Estimate is $0.03 (+50.0% Y/Y) and the consensus Revenue Estimate is $104.86M (+78.6% Y/Y). Over the last 2 years, RLX has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of … Read more
Check out what’s clicking on FoxBusiness.com. IBM and UFC announced an innovative partnership on Thursday that will change the way millions of fans around the world view fight night. The UFC Insights Engine, which will be built with IBM watsonx, will combine the rich data feeds from the mixed martial arts organization with IBM’s data … Read more
Iteos Therapeutics Inc. (NASDAQ: ITOS) stock has reached a 52-week low, trading at $8.39. This latest price point marks a significant downturn for the biotechnology company, which specializes in developing cancer immunotherapies. Over the past year, Iteos Therapeutics has seen its stock value decrease by 15.09%, reflecting investor concerns and a challenging market environment for … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Individuals involved in the London Capital & Finance scandal are liable to pay damages after the High Court found that the collapsed “minibond” provider operated as a Ponzi scheme that misrepresented itself in a “widespread, … Read more
There is a lot at stake for Americans’ personal finances next years, between the potential implementation of sweeping tariffs and the uncertainty of tax cut extensions. One guarantee: Some retirement savers will be able to contribute even more money to their workplace accounts. Starting next year, Americans aged 60-63 will be able to contribute up … Read more
Blackstone has dropped plans to acquire a majority stake in the snacks business of Haldiram’s instead it is now discussing purchase of a 20 percent stake at a valuation of $8 billion, which is still a sticking point, Reuters reported citing sources. There is a disconnect over valuation, though, with Haldiram’s wanting to value the … Read more