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Business

Swiggy Shares Drop 5% as Lock-in Period Ends and Profit Booking Begins

Swiggy shares dropped 5% as the one-month lock-in period for anchor investors expired, leading to profit booking. The stock fell to Rs 515.95 on the BSE and Rs 516.50 on the NSE, r...

Business

Sanjay Malhotra Assumes Role as 26th RBI Governor Amid Economic Challenges

Sanjay Malhotra assumed the role of the 26th governor of the Reserve Bank of India, welcomed by senior staff. His appointment comes amid economic challenges, with GDP growth at 5.4...

Business

Walgreens in Advanced Talks to Sell Itself to Sycamore Partners

Walgreens Boots Alliance Inc. is reportedly in talks to sell itself to New York-based private equity firm Sycamore Partners, a move that could take the company private after a deca...

Business

Boeing's Commercial Jet Deliveries Plummet to Just 13 in November Amid Challenges

Boeing's commercial jet deliveries dropped dramatically to 13 in November, significantly lower than the 56 delivered in the same month last year. The company delivered nine 737s, t...

Business

Inditex Shares Drop Despite Impressive 9M Financial Results

Inditex shares fell 6.6% despite strong 9M results, with sales up 7.1% to €27.4 billion, gross profit up 7.2% to €16.3 billion, and net income up 8.5% to €4.4 billion. Investors ca...

Business

Binance and Circle Join Forces to Elevate USDC Adoption

Binance announces a strategic partnership with Circle to boost USDC adoption by integrating the stablecoin into its products and services, providing its users with access for tradi...

Business

Japan's Shift from Russian Gas: Exploring Alternative LNG Sources

Japan's long-term LNG contracts from Russia's Sakhalin-2 project are nearing expiration, prompting a search for alternative suppliers. Geopolitical pressures and declining domestic...

Business

Nippon Steel Criticizes Political Interference in US Deal

Nippon Steel criticizes political interference in its planned acquisition of US Steel, valued at $14.9 billion. The deal is under review by a Washington body, with reports suggesti...