Business News
As Delhi endures its annual smog crisis, Ixigo CEO Aloke Bajpai launched a fiery rebuke at the city’s residents for their indifference to the health emergency. Bajpai expressed frustration on social media, lambasting people for their reluctance to wear masks despite the hazardous air. “At 500+ AQI, my kids seemed like the only ones wearing … Read more
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Sen. James Lankford, R-Okla., discusses the foolish spending by the federal government and how DOGE can make it more efficient, on The Bottom Line. The Department of Government Efficiency (DOGE), which President-elect Trump put Elon Musk and Vivek Ramaswamy in charge of, announced on Thursday that it is opening up hiring to interested candidates. DOGE wrote … Read more
By Carolina Mandl NEW YORK (Reuters) -Hedge funds Bridgewater Associates, Coatue Management and D1 Capital added shares of financial firms to their portfolio in the third quarter, securities filings showed, ahead of a rally that followed Donald Trump’s victory in the U.S. presidential election. Bridgewater, founded by Ray Dalio, ended September with bigger positions in … Read more
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
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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