Business News
Donald Trump’s landslide victory has sparked a sharp jump in stock prices, and unleashed a wave of optimism that big cap equities, after already posting enormous gains this year, could keep pushing to new highs. In the nine days following the election, the S&P 500 surged over 4% to notch an all-time record close of … Read more
Almost 10 crore people in Maharashtra will decide the fates of 4,140 candidates on November 20 (Wednesday). Voting will take place from 7 am to 6 pm on Wednesday. The campaigning for Maharashtra assembly polls and the second phase of Jharkhand assembly elections ended on November 18. Voting is set to take place in the country’s … Read more
Australia’s Sayona Mining to Buy America’s Piedmont Lithium
Piedmont Lithium (NASDAQ:PLL) and Sayona Mining to combine the two companies to create a leading lithium business, resulting in Sayona being the ultimate parent entity. The transaction will result in an approximate 50% / 50% equity holding of shareholders of Piedmont and Sayon in MergeCo immediately
Main Street Asset Management chief investment officer Erin Gibbs discusses whether the U.S. dollar is at risk of losing its world reserve currency status on ‘Making Money.’ Hedge funds including Millennium Management, Capula Management and Tudor Investment increased their exposure to U.S. spot bitcoin exchange-traded funds in the third quarter, securities filings showed, as a … Read more
By Richa Naidu VEVEY (Reuters) – Nestle (NS:) will boost advertising and marketing, trim costs by at least $2.8 billion by 2027, and carve out its water and premium drinks businesses into a standalone global unit, as it looks to drive growth under new chief Laurent Freixe, the company said on Tuesday. The world’s biggest … Read more
China’s ambassador to the US has been scrambling to connect with potential Trump administration officials after several years of struggling to get meetings with Republicans in Washington. Xie Feng has in recent months stepped up outreach in Washington by hosting dozens of former US officials and China experts at his home, according to people familiar … Read more
What would you do if you had a six-figure salary? Perhaps you’d never cook another meal again or indulge in a monthly Thai massage and a Soho House membership to unwind from the stress that comes with being at your A game. Here at The Good Life you don’t have to imagine what life at the top … Read more
In Bengaluru, a couple on a grocery run stopped by a local fruit and vegetable vendor but walked away after finding the prices higher than those on quick commerce apps. The shopkeeper argued the difference was negligible—just Rs 5-6—but eventually gave in to their demands to close the sale. A similar scene unfolded at a … Read more
Nvidia (NASDAQ: NVDA) stock’s stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27) on Nov. 20, as investors and analysts will be expecting the chipmaker to continue its artificial intelligence (AI)-fueled surge. After all, shares of Nvidia have shot up … Read more