Business News

Hong Kong pro-democracy activists get up to 10 years in prison

Even before President-elect Donald Trump and his tariff-heavy agenda won the White House, top companies were already planning to shift production out of China at a faster pace, according to a new study. Based on a survey of 166 CEOs and COOs, Bain and Company found that the share of companies moving operations out of … Read more

For many, winning the lottery is the ultimate dream—a quick path to wealth and luxury. But for Lara Griffiths, a woman from West Yorkshire, UK, hitting a £1.8 million jackpot (nearly Rs 20 crore) in 2005 turned into a nightmare that led her to lose everything. At the time of her win, Lara and her … Read more

Why Nvidia Earnings May Trigger Massive S&P 500 Volatility Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investors and speculators are gearing up for Nvidia Corp.‘s (NASDAQ:NVDA) earnings report on Wednesday, an event that’s expected to send ripples, if not tidal waves, across the U.S. stock … Read more

helen89/iStock Editorial via Getty Images Blackstone (NYSE:BX) is zeroing in on a deal to buy closely held Jersey Mike’s Subs in a transaction that would value the sandwich chain at about $8 billion, including debt, The Wall Street Journal reported Monday, citing people familiar with the matter.

FOX Business host Larry Kudlow reacts to celebrations following the president-elect’s victory on ‘Kudlow.’ The Trump victory dance shows no sign of letting up and that’s the subject of the riff. One of the most remarkable parts of Donald Trump’s landslide victory is that eleven days later his victory lap continues, in what must be … Read more

JERSEY CITY, NJ—Lu Zhijian, a significant shareholder of AvePoint, Inc. (NASDAQ:AVPT), recently sold shares of the company’s common stock totaling approximately $471,100. The transactions were conducted over three days, from November 14 to November 18, 2024, at prices ranging from $15.66 to $15.77 per share. Zhijian’s sales were executed under a Rule 10b5-1 trading plan, … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dozens of large UK retailers including Tesco, Boots, Next and Marks and Spencer have written to chancellor Rachel Reeves to warn of annual costs to the sector of up to £7bn following last month’s Budget. … Read more

Super Micro Computer hired a new auditor Monday after its previous one, Ernst & Young, quit in the middle of an engagement.  The Silicon Valley-based company, which touts a close relationship with AI stock-rocket Nvidia, had risked being delisted from the Nasdaq after failing to file both an annual and quarterly report on time. Its … Read more

The much-awaited GST Council meet on December 21 in Jaisalmer is expected to take up the issue of exemption or lower GST rate on health and life insurance.  The council, which will be chaired by Union Finance Minister Nirmala Sitharaman and her state counterparts, may also take up some rate rationalisation exercise and reduce tax … Read more