Nvidia Near Deal to Buy Arm From SoftBank for About $40 Billion

Nvidia Corp. is nearing a deal to acquire SoftBank Group Corp.’s chipmaker Arm Ltd., according to people familiar with the matter, an acquisition that would extend its reach into mobile devices.

Nvidia to buy Arm Holdings from SoftBank for $40 billion

SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.

SoftBank Group selling Arm to Nvidia for up to $40 billion

If approved, it will be one of the biggest merger-acquisitions in the world this year and promises to propel Nvidia to the forefront of the semiconductor sector.

SoftBank Group selling Arm to NVIDIA for up to $40 billion

Japan's SoftBank Group said Monday it is selling British chip designer Arm to US firm NVIDIA for up to $40 billion, potentially creating a new giant in the industry but sparking an investigation by UK ...

Nvidia to acquire Arm for US$40 billion

Nvidia and SoftBank Group (SBG) have announced a definitive agreement under which the former will acquire Arm from the latter and the SoftBank Vision Fund in a transaction valued at US$40 billion.

Some Thoughts On NVIDIA Acquiring Arm

What will define the success of the merger and NVIDIA’s future is whether or not Jensen can expand his team, provide strong experience for future leaders, and create a succession plan that employees, investors, and other stakeholders can support.

Nvidia is acquiring Arm for $40 billion

Nvidia has announced that it is purchasing UK chipset designer Arm from Japanese conglomerate SoftBank in a deal valued at a whopping $40 billion. The transaction will be finalized in 18 months.

Nvidia buys Arm for $40 billion

Nvidia Corp. said it agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.

NVIDIA Acquires Arm for $40 Billion

NVIDIA has reached an agreement to acquire Arm for $40 billion.

Nvidia and SoftBank are each winners in $40 billion deal for Arm Holdings

The impending sale of Arm Holdings to Nvidia Corp. for $40 billion could have wide-ranging implications for the global semiconductor industry, further...

Nvidia buys ARM for $40 billion in deal that could change the tech world forever

ARM acquisition officially confirmed – assuming Nvidia gets regulatory approval.

NVIDIA to acquire SoftBank Group's Arm for up to $40 billion in largest deal of the year

If approved, the deal will be one of the largest acquisitions anywhere in the world this year, and will propel NVIDIA to the forefront of the semiconductor sector. The announcement also renewed speculation about SoftBank Group's future, with Bloomberg News reporting it is set to revive talks about going private via a management buyout plan.

Nvidia-Arm deal announced

Arm’s sale to Nvidia has been announced this morning.

Nvidia to buy Arm in $40bn deal

The combination brings together Nvidia’s artificial intelligence (AI) computing platform with Arm’s ecosystem to create the premier computing company for the age of AI.

Nvidia buys SoftBank’s Arm in $40-billion chip deal

It’s the largest deal in the semiconductor industry, but hinges on China granting regulatory approval

Nvidia seals $40bn deal for SoftBank’s Arm

Britain set to impose strict terms including protection of jobs and maintaining UK headquarters

Nvidia buys ARM Holdings from SoftBank for $40 billion [Updated]

UK set to impose strict terms including protection of jobs, UK headquarters

It’s Official: NVIDIA To Acquire Arm For $40 Billion

Following a number of rumors and leaks, NVIDIA this evening announced that it is buying Arm Limited for $40 billion. The cash and stock deal will see NVIDIA buy the semiconductor and IP design firm from SoftBank and its associated SoftBank Vision Fund, with NVIDIA taking an eye towards expanding Arm’s IP licensing business while also using Arm’s technology to further pierce into the datacenter market. The deal is just being formally announced today and will likely not close for some time, as it is expected to be required to clear multiple regulatory hurdles in the UK, US, China, and other governments across the globe.

SoftBank is selling British chipmaker ARM to Nvidia for US$40 billion

Nvidia is buying British chipmaker ARM from SoftBank for as much as US$40 billion — a total that would make it the largest semiconductor deal ever.

It's official: Nvidia is acquiring Arm

Nvidia has announced that it has reached an agreement with SoftBank to acquire Arm Limited, in a transaction worth $40 billion financed using common stock and cash. While Nvidia will take possession of Arm and its lucrative IP portfolio, the…

Nvidia Reportedly Acquiring ARM For $40 Billion

"SoftBank is set to sell the U.K.'s Arm Holdings to U.S. chip company Nvidia for more than $40 billion," writes Ars Technica, adding that the deal's imminent announcement was reported earlier by the Wall Street Journal. The move comes just four years after Softbank bought ARM, promising it would be...

Nvidia to buy chip designer Arm for US$40 billion as SoftBank exits

SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape ...

Nvidia’s purchase of SoftBank’s Arm is a risky bet

There are regulatory hurdles to cross, and the growth assumptions are on shaky ground

SoftBank to Sell Chip Designer Arm to Nvidia in $40 Billion Deal

SoftBank Group Corp recently announced that it has agreed to sell its chip designer Arm Holdings to Nvidia Corp for up to $40 billion.

Nvidia Buys SoftBank’s Arm in Record $40 Billion Chip Deal

Nvidia Corp. agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.Nvidia will pay $21.5 billion in stock and $12 billion in cash for the U.K.-based chip designer, including a $2 billion payment at signing. SoftBank may receive an additional $5 billion in cash or stock if Arm’s performance meets certain targets, the companies said Sunday in a statement. A

SoftBank set to sell UK’s Arm Holdings to Nvidia for $US40b

Multiple people with direct knowledge of the matter said a cash-and-stock takeover of Arm by Nvidia may be announced as soon as Monday.

Nvidia goes mobile with $40B Arm deal

Nvidia agreed a deal to acquire Arm from SoftBank Group for $40 billion, as the ...

Nvidia Buys ARM for $40 Billion, Plans New AI Research Center

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Co-founder of Arm attacks sale to Nvidia

The US$40 billion sale of British chip designer Arm to Nvidia Corp from Japan's SoftBank is a disaster that will destroy its business model, the ...

Nvidia deal for Arm could be ‘transformational,’ but many roadblocks lie ahead

Analysts worry about deal approval and pushback from current Arm licensees.

NVIDIA Should Finish Arm Acquisition By Next Week For Roughly $40 Billion

GPU designer NVIDIA Corporation is rumored to complete its Arm acquisition by next week at a cost ranging between $40 billion - $45 billion.

US' Nvidia Seals $40Bln Deal With Japan's SoftBank to Buy UK Tech Company Arm Holdings

MOSCOW (Sputnik) - California-based multinational tech company Nvidia and Japan's SoftBank Group (SBG) have made a $40 billion deal under which the former is set to...

Nvidia Stock Rallies Monday on Arm Holdings Acquisition

Nvidia stock is rallying Monday morning on news it secured a deal with SoftBank to buy Arm Holdings for $40 billion. Here's what it means.

Nvidia-Arm $40 Billion Deal Will Upend Entire Chip Industry

Tech leader Nvidia's planned takeover of a premier chip designer may be the final piece it needs to dominate the semiconductor industry for a generation.

Nvidia to buy U.K.'s Arm, sparking fears of chip dominance

U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to US$40 billion, in a move that would create a global powerhouse in the industry.

Nvidia acquisition of Arm throws company into tech spat between U.S. and China

Nvidia acquisition of Arm throws company into tech spat between U.S. and China

Nvidia close to acquiring chip maker ARM for $40 billion: Report

The Financial Times first reported in late July that Nvidia is reportedly in advance talks to acquire ARM in a cash-and-stock deal worth at least $32 billion.

NVIDIA (NASDAQ: NVDA) Officially Announces Definitive Agreement With SoftBank To Acquire ARM for $40 Billion

NVIDIA has officially announced a definitive agreement with SoftBank to acquire the British chip designer ARM for $40 billion

UK tech giant Arm Holdings to be sold to US company Nvidia in $40bn deal

Chip designer’s co-founder says deal is an ‘absolute disaster’ that will lead to UK job losses

Nvidia's Arm deal sparks quick backlash in chip industry

Nvidia Corp's US$40 billion agreement to acquire Arm Ltd from SoftBank Group Corp is likely to meet strong opposition from Nvidia's chip industry ...

Nvidia’s ARM deal likely to spark huge chip industry backlash

Nvidia's $40-billion agreement to acquire ARM is likely to meet strong opposition from Nvidia's chip industry rivals, analysts say, with murmurs of protest already emerging in South Korea and China.

SoftBank Is Said to Renew Talks to Go Private After Arm Deal

SoftBank Group Corp. is set to revive talks about taking the group private after reaching a deal to sell chipmaker Arm Ltd., according to people familiar with the matter.The Japanese conglomerate’s senior executives will be revisiting a management buyout plan, which had earlier met with internal opposition, the people said, asking not to be named as the information isn’t public. SoftBank is set to announce the sale of Arm to Nvidia Corp. soon, one of the people said. The cash-and-stock sale is e

Nvidia secures control of key global tech with $40bn Arm deal

Company at pains to allay conflict of interest concerns with UK chip designer’s other clients

Arm Founder: UK Could Be “Blocked from its Own Technology”

"Save Arm" Dr Hermann Hauser, a founder of the British chipmaker says a $40 billion sale to the US's NVIDIA could result in "American vassalage".

Today in European Tech: Nvidia inks $40B deal for Arm, Allegro files for a major IPO, and other deals and stories that caught our eyes

Hello! ere is what happened today in European tech: Deals – Still processing it: Nvidia will buy UK-based chip designer Arm from SoftBank for as much as $40 billion, the companies said this morning, in a deal set to reshape the global semiconductor landscape. – Na Zdrowie! Polish e-commerce giant Allegro has filed for an […]

Nvidia secures control of key global tech with $40bn Arm deal

Company at pains to allay conflict of interest concerns with UK chip designer’s other clients

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August retail inflation at 6.69 per cent

Wholesale price index (WPI) inflation rose to 0.16% in August from 0.58% in July. It turned positive in August for the first time since March reflecting a recovery in producers pricing power.

WPI inflation rises to 0.16% in August

The annual rate of inflation, based on monthly WPI (wholesale price inflation) was pegged rising at 0.16 per cent in August 2020, as compared to 1.17 per cent during the corresponding month of the previous year

India CPI Retail Inflation Rate August 2020: Govt data shows retail inflation grew 6.69% in August

India CPI Inflation Rate August 2020: The retail inflation measured by the Consumer Price Index (CPI) rose by 6.69 per cent in the month of August.

Retail inflation dips marginally to 6.69% in Aug, food inflation at 9.62%

Food inflation during the month stood at 9.62 per cent

WPI inflation accelerates to 0.16% in August

Country’s wholesale price inflation accelerated for the first time since March as the prices of food items and manufactured products soared, government

India's retail inflation stood at 6.69% in August

Inflation in the vegetables basket stood at 11.41 percent in August as against 11.29 percent in July.

Retail inflation eases to 6.69% in August

Retail inflation softened slightly to 6.69% in August, even as food prices continued to rule high, official data showed on Monday. Also read: WPI inflation rises 0.16% in August; food, manufactured it

Wholesale inflation rate rises to 0.16% in August

The annual rate of inflation based on wholesale price index (WPI) increased to 0.16% in August as compared to 1.17% in the corresponding month of the previous year, the government said on Monday.

India's retail inflation stands at 6.69% in August

Retail inflation marginally dips to 6.69% in August from 6.73% in July

Govt has revised downwards the retail inflation from the earlier estimate of 6.93 per cent. According to the CPI data, food inflation in August fell marginally to 9.05 per cent.

Retail inflation marginally dips to 6.69% in August against 6.73% in July

The retail inflation has grown beyond the Reserve Bank of India’s (RBI) upper margin of 6 per cent

WPI inflation rises for first time since March; August WPI rises this much

Wholesale Price Index (WPI) for August 2020 rose to 0.16% after being in a negative territory for four months straight since March.

WPI Inflation Turns Positive In August As Prices Begins To Soar

Indias wholesale price index (WPI) inflation for the month of August turned positive after a gap of four months. With lockdown easing, producers have begun to command pricing power in the otherwise disrupted market. As per the data released by the industry department today, WPI inflation for August came in at 0.16% a

August WPI inflation up at 0.16% after being in negative zone for 4 months

The annual rate of inflation based on WPI Food Index decreased from 4.32 per cent in July to 4.07 per cent in August

WPI inflation up a tad in August after 4 months of deflation

Index rose 0.16 per cent y-o-y; food, manufactured items turn costlier

WPI inflation rises 0.16 pc in August; food items turn costlier

Inflation in vegetables stood at 7.03 per cent, while in onion it was (-) 34.48 per cent..Wholesale price index. WPI. food inflation. Indian economy.Business News. Finance News

India’s August wholesale inflation boosted by food, fuel

On a sequential level, India's annual rate of inflation based on wholesale prices rose to 0.16 percent in August from (-) 0.58 percent in July.

Aug WPI inflation rises to 0.16 percent from -0.58 percent in July

WPI inflation rises 0.16% in August; food, manufactured items turn costlier

Inflation in vegetables stood at 7.03%, while in onion it was (-) 34.48%.

WPI inflation rises 0.16% in August; food, manufactured items turn costlier

The Wholesale price index based (WPI) inflation was in the negative territory for four straight months -- April (-) 1.57 per cent, May (-) 3.37 per cent, June (-) 1.81 per cent and July (-) 0.58 per cent.

Consumer Inflation At 6.69% In August, Remains Above RBI Target

Consumer inflation in the country came in at 6.69 per cent in August, a notch lower compared to 6.73 per cent in the previous month and slightly better than economists' estimates,government data showed on Monday. Marginally easing food prices, with the gradual lifting of coronavirus-related restrictions, led to the improvement in the overall inflation reading. The Reserve Bank of India (RBI) tracks retail inflation - or the rate of increase in consumer prices as determined by the Consumer Price Index (CPI) - primarily for making changes to its monetary policy.

Retail inflation decelerates in August, but remains above RBI's tolerance level

Data released by the National Statistical Office on Monday showed food inflation eased in August to 9.05% from 9.27% in the preceding month

WPI inflation rises 0.16% in Aug as manufactured items turn costlier

A modest decline in food inflation in August was driven by cereals, pulses, vegetables and milk costing less

India News | Retail Inflation Softens Marginally to 6.69 Pc in Aug

Get latest articles and stories on India at LatestLY. Retail inflation softened slightly to 6.69 per cent in August, even as food prices continued to rule high, official data showed on Monday. India News | Retail Inflation Softens Marginally to 6.69 Pc in Aug.

Retail inflation eases to 6.69% in August; rate cut hopes remain grim

Once again retail inflation remained above Reserve Bank of India's medium term target of 4-6 per cent, which means a rate cut is not likely to happen in the next monetary policy meet

Sequential retail price inflation marginally eased to 6.69% in Aug

New Delhi, Sep 14 (IANS) Lower food prices pulled down India’s August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. India’s consumer food price index during the month under review rose to 9.05 per cent from 9.27 per cent reported for[Read More...]

WPI inflation rises 0.16% in Aug; food, manufactured items turn costlier

Inflation in food articles during August stood at 3.84 per cent

Sequential retail price inflation marginally eases in Aug (Roundup)

New Delhi, Sep 14 (IANS) Lower food prices pulled down India’s August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. The data furnished by the National Statistical Office (NSO) showed that India’s consumer food price index during the month under review[Read More...]

Retail Inflation Eases In Aug But Stays Above RBI's Tolerance Level

On Monday, data released by the National Statistical Office (NSO) showed retail inflation for August at 6.69 percent from 6.73 percent in the previous month. CPI core inflation was recorded at 5.8 percent as compared to 5.7 percent in July.

India's August WPI up at 0.16%, Riding on High Food, Fuel Prices

On sequential level, India's annual rate of inflation based on wholesale prices rose to 0.16 per cent in August from (-) 0.58 per cent in July.

August WPI up 0.16%, turning positive for the first time after March

Wholesale price index (WPI) inflation rose to 0.16% in August from a 0.58% contraction in July as inflation for manufactured items advanced to 1.27% from 0.51% from the trailing month, data released by the commerce and industry ministry showed on Monday.

RBI Likely To Hold Repo Rate In October Policy Meet: Experts

August's retail inflation, at 6.69%, was lower than the 6.85% forecast in a Reuters poll of analysts and the 6.73% registered in July.

Amazon Hiring 100,000 New Employees in U.S. and Canada

Amazon.com Inc. is hiring 100,000 full and part-time employees across the U.S. and Canada, offering starting wages of at least $15 an hour, the latest announcement in the Seattle-based e-commerce giant’s hiring spree.

Amazon adding 100,000 more employees in new hiring spree

Amazon said on Monday that it will hire another 100,000 workers, its fourth such run of hiring this year.

Amazon to hire 100,000

Amazon will hire another 100,000 people to keep up with a surge of online orders.

Amazon hiring 100,000 new full-time, part-time employees over 33,000 jobs announced last week

Global e-commerce giant Amazon said it will hire 100,000 additional workers in the US and Canada markets over 33,000 jobs announced last week

Amazon says it will add 100,000 jobs in U.S., Canada

Sept. 14 (UPI) -- Amazon said Monday it plans to hire 100,000 new workers in the United States and Canada.

Amazon Is Hiring A Further 100,000 People To Keep Up With Pandemic-Induced Demand

The e-commerce giant has already hired tens of thousands of people this year.

Amazon is hiring 100,000 people for minimum-wage jobs

(CNN) — Amazon is once again drastically expanding its workforce, announcing Monday that it’s hiring 100,000 new employees to support a surge in online shopping amid the ongoing pandemic....

Amazon is recruiting 100,000 new staff in its fourth major US hiring spree of the pandemic

Amazon is opening 100 new sites in September and adding 100,000 permanent staff across the US and Canada, it said Monday.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping surge

The company said the new hires will help pack, ship or sort orders, working in part-time and full-time roles. Amazon said the jobs are not related to its typical holiday hiring.

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon is expected to increase jobs as it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon will hire another 100,000 people to keep up with a surge of online orders.

Amazon hiring 100,000 workers in U.S. and Canada to meet surge in lockdown shopping

The world’s biggest online retailer announces fourth hiring spree in the U.S. this year, as it gears up for the festive period.

Amazon Announces 100,000 Job Openings Across the US and Canada

Amazon opens 100,000 full time and part time job positions across the US and Canada. Click to find out more about the offerings along with benefits.

Amazon hiring 100,000 workers amid COVID-19 online sales boom

Amazon plans to hire another 100,000 workers in the US and Canada amid a coronavirus-fueled boom in its online sales, the company announced Monday. The e-commerce titan’s fourth big hiring spree

Amazon plans to hire 100,000 more workers in Canada and the U.S.

Amazon plans to recruit 100,000 more workers in Canada and the United States to keep up with increased demand during the pandemic.

Amazon's hiring 100,000 workers to meet surging online shopping demand

Amazon says it plans to hire an additional 100,000 people to keep up with the surging demand for online shopping during the coronavirus pandemic. The online retailers says it needs workers to staff…

Amazon to hire 100,000 more workers in its latest job spree this year

NEW YORK, Sept 14 — Amazon.com Inc today said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic. The world's biggest online retailer said the positions are for...

Amazon to hire 100,000 more workers in its latest job spree this year

The world's biggest online retailer said the positions are for full and part-time work in its home country and Canada, and these will include roles at 100 new warehouse and operations sites it is opening this month.

Amazon to hire 100,000 more workers in its latest job spree this year

Amazon.com on Monday said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic.

Amazon to hire 100,000 more workers in its latest job spree this year

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - ...

Amazon To Hire 1,00,000 Workers In US This Year

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic.

Amazon to hire 1,00,000 more employees after massive growth due to Covid-19

Tech giant Amazon has announced its decision to recruit 1,00,000 more workers in the United States after its massive growth due to Covid-19.

10 huge companies, from Amazon to UPS to Home Depot, that are each looking to hire at least 20,000 people

Many companies are looking to grow — and some are even thriving — as life settles into a new normal.

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK: Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping orders surge

Amazon on Monday said it will be hiring another 100,000 people to keep up with a surge of online orders

Amazon to hire 100,000 to keep up with online shopping surge

Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Google aims to run on carbon-free energy by 2030

Alphabet's Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.

Google aims to run on carbon-free energy by 2030

OAKLAND, California: Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030, its chief executive told Reuters, becoming the biggest company in the world to commit to ditching coal and natural gas power.

Google aims to run on carbon-free energy by 2030

OAKLAND, Calif. – Alphabet Inc’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its

Google has eliminated its carbon footprint, plans to be completely carbon-free by 2030

When it went carbon neutral in 2007, Google cemented its place at the top of the tree when it comes to major global companies and sustainability. It has

Google Aims to go Carbon-Free by 2030 - The Mac Observer

Google has set itself an unprecedented target- to operate 24/7 on carbon-free energy by 2030, CEO Sundar Pichai has revealed.

Google pledges to only use carbon-free energy by 2030 in ‘biggest sustainability moonshot yet’

Google today announced its "third decade of climate action" with an ambitious pledge to go carbon-free by 2030, while also...

Google's lifetime net carbon footprint now zero, says Sundar Pichai

Sundar Pichai said that Google has eliminated its entire carbon legacy -- covering all its operational emissions before it became carbon neutral in 2007 -- through the purchase of carbon offsets

Google reduces entire carbon footprint to zero

Google has said it has now reduced its entire carbon footprint to zero, after using "high-quality carbon offsets" to wipe out its legacy.

Google has offset all the carbon it has ever produced, says CEO Sundar Pichai

Google said it is the first major firm to offset its historical carbon emissions. It will run on carbon-free energy by 2030, CEO Sundar Pichai said.

Google has offset all the carbon it has ever produced, says CEO Sundar Pichai

Google's CEO Sundar Pichai. Justin Sullivan /Getty Images Google says it has offset all of its historical carbon emissions. Sundar Pichai,

Google ‘eliminates carbon legacy’ as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google aims to use only renewable power by 2030

Google aims to power its data centres and offices solely with renewable energy by 2030, its CEO said, becoming the biggest company in the world to commit to ditching coal and natural gas power.

Google says it will shift entirely to clean energy by 2030

Google says it has effectively removed its entire carbon footprint dating back to the founding of the company, and plans to shift to renewable energy.

Google becomes first major company to eliminate entire carbon legacy - what does this mean?

Google Reverses Lifelong Carbon Emissions To Fight Climate Change

A few months after Microsoft pledged to undo by 2050 the climate harm it's done to the atmosphere by emitting carbon dioxide into the atmosphere, Google said it's already done so. "We have eliminated Google's entire carbon legacy," Chief Executive Sundar Pichai said Monday in a blog post. From a rep...

Google pledges to tap only renewable sources of energy by the next decade

By 2030, Google has pledged to shift all its data centers and offices to renewable sources of energy under a plan dubbed "Stretch Goal". It will ditch oil and gas-based power completely.

Google sets unprecedented goal to tap only renewable power by 2030

The

Google sets unprecedented goal to tap only renewable power by 2030

Google sets unprecedented goal to tap only renewable power by 2030

Our third decade of climate action: Realizing a carbon-free future

Sustainability has been a core value for Google since our founding. Now we're going further to help build a carbon-free future for everyone.

Google says it offset all of the emissions it has ever generated

Google eliminates its 'entire carbon legacy' and plans to use only clean energy by 2030.

Google announced one of the biggest green pledges from tech yet

The tech giant will do more than offset its emissions

Google ‘eliminates carbon legacy’ as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google ‘eliminates carbon legacy' as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google aims to run on carbon-free energy by 2030

Alphabet Inc’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.

Centre seeks Parliament nod for additional net cash expenditure of up to Rs 1.67 lakh crore

For meeting expenditure towards recapitalisation of public sector banks through government securities, the government has sought Rs 20,000 crore

FM Sitharaman presents first batch of supplementary demands; seeks additional Rs 2.35 lakh crore

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriation.

Govt seeks Parliament’s approval for Rs 2.35 lakh crore of additional gross expenditure

Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2,35,852.87 crore, including Rs 40,000 crore towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program.

FM Seeks Parliament Nod For Additional Rs 2.35 Lakh Crore In Spending

On Monday, Finance Minister Nirmala Sitharaman sought Parliament nod for additional spending of Rs 2.35 lakh crore, which includes cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.

Nirmala Sitharaman seeks parliamentary nod for spending additional Rs 2.35 lakh crore

This expenditure includes Rs 40,000 crore towards enhanced expenditure under MNREGA. The first batch of Supplementary Demands for Grants includes 54 Grants and 1 Appropriations.

Parliament proceedings | FM presents first supplementary demands; seeks additional ₹2.35 lakh crore

The government has also sought ₹46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant

FM seeks Parliament nod for additional budgetary spending of ₹2.35 lakh crore

The government has also sought ₹46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission.

Parliament Session: FM Sitharaman seeks approval for additional spending of Rs 2.35 lakh crore

The government has also sought Rs 46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission

Centre seeks parliament's approval for additional spending of Rs 2.36 lakh crore

Of the additional expenditure of Rs 2.36 lakh crore, the most notable expenditures include Rs 44,340 crore to provide additional allocation under Post Devolution Revenue Deficit Grant to states

₹20,000-crore bank recap, ₹40,000 cr more for MNREGA top Govt’s additional spending plan

Finance Minister seeks Parliament nod for total extra expenditure of ₹2.35-lakh crore

FM presents first supplementary demands, seeks additional Rs 2.35 lakh cr

Includes Rs 40,000 crore towards enhanced expenditure under MGNREGA

Govt seeks parliamentary approval for additional Rs 1.67 trn expenditure

The additional requirement includes Rs 40,000 cr for works under MGNREGA and Rs 20,000 cr for bank recapitalisation

FM presents first supplementary demands; seeks additional Rs 2.35 trillion

This includes Rs 40,000 cr towards enhanced expenditure under MGNREGS

Bank recapitalisation: Govt seeks nod to infuse Rs 20,000 crore in PSBs

The government has sought Parliament's approval to infuse Rs 20,000 crore in public sector banks through issue of government securities

Govt seeks Parliament nod for Rs 20,000 crore capital infusion in public sector banks

In all, the government has sought Parliament's nod for additional spending of Rs 2.35 lakh crore, which includes a cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.

FM presents 1st batch of supplementary demands; seeks additional Rs 2.3 trn

FM Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2.35 trillion, which include cash outgo of Rs 1.66 trillion, primarily to meet expenses for combating Covid-19

Finance minister seeks Parliament nod for ₹2.36 trillion additional spending

The first batch of supplementary demands for grants for the current financial year will involve additional budgetary burden of ₹1.67 trillion while around ₹69,000 crore will be met through savings by various departments

FM Sitharaman presents first batch of supplementary demands

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriations.

Govt seeks Parliament nod for Rs 20,000-cr capital infusion in PSBs

Amount part of Rs 2.35 lakh cr additional spending moved by FM in Lok Sabha

Govt. looks to spend ₹2.35 lakh cr. more

FM tables supplementary demand for grants; net outgo may be ₹1.67 lakh cr; States to get big chunk

India to be largest source of energy demand growth: BP Energy Outlook

BP said the central view used in the main scenarios is that global economic activity partially recovers from the impact of the pandemic over the next few years as restrictions are eased, but that some effects persist.

BP says the era of oil-demand growth is over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

BP says the era of oil-demand growth is over

The British oil major’s recent report has said that the demand for oil will not go back to the pre-Covid levels

BP warns of oil demand peak by early 2020s

Coronavirus pandemic ushers in an earlier than anticipated decline for the fossil fuel era

India’s oil and gas import dependence to more than double by 2050: bp Energy Outlook 2020

India’s oil and gas import dependence is going to more than double by 2050, according to the bp Energy Outlook 2020. This is on the back of significantly higher domestic energy demand and a hastened t

End of Oil Era? BP Predicts Almost 70% Drop in Crude Demand Over Next 30 Years

The oil giant, which recently changed leadership, is pinning its hopes on the rapid expansion of non-fossil fuel energy, specifically green energy, which has been...

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

Peak oil is closer than you think: BP

UK energy giant BP has become the first major to warn that the global demand for crude oil will peak within the next few years.

Fossil fuel demand to take historic knock amid Covid-19 scars, says BP

LONDON, Sept 14 — Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast. BP's 2020 benchmark Energy Outlook underpins Chief...

Fossil fuel demand to take historic knock amid COVID-19 scars -BP

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.

Pandemic ushers early decline for fossil fuel era, BP says

Energy company warns of peak in demand for oil in next few years

BP Says the Era of Oil-Demand Growth Is Over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

BP says the era of oil-demand growth is over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

Breaking: Aviation unions ground Arik Air operations

Aviation unions, namely National Union of Air Transport Employees NUATE, Air Transport Services Senior Staff Association of Nigeria...

Passengers stranded as Aviation Unions shutdown Arik Air operations

Hundreds of passengers were on Monday stranded at the domestic wings of the Murtala Muhammed Airport (MMA), Ikeja, Lagos...

Breaking: Unions shuts down Arik Air operations

The News Agency of Nigeria reports that the unions included the National Union of Air Transport Employees and Air Transport Senior Staff Services Association of Nigeria

Aviation Union Halts Arik Air Operations In Lagos

Aviation unions on Monday shut down Arik Air operation over alleged failure to pay seven months’ salary arrears of workers and other anti-labour practice. Naija News reports that the Aviation unions claimed that the non-payment started after the company placed 90 per cent of the workforce on compulsory leave. The unions included the National Union […]

Unions shuts down Arik Air operations over 90% staff layoff

Operations of Arik Air were on Monday shut down by the aviation unions over alleged non payment of staff salaries since April after placing 90 per cent of the workforce on compulsory leave and other anti-labour practices.

Workers shut down Arik Air operations in Lagos

Operations of Arik Air were on Monday shut down by the aviation unions over alleged non-payment of staff salaries since April.They claimed that the non-payment started after the company placed ...

Updates: Why Aviation Union Halts Arik Air Operations In Lagos (Pictures)

Operations of Arik Air have been shut down by aviation unions over alleged non-payment of staff salaries since April and other “anti-labour practices. Naija News reports that the Aviation unions claimed that the non-payment started after the company placed 90 per cent of the workforce on compulsory leave. Meanwhile, speaking on the purported actions of […]

BREAKING: Union shuts down Arik Air operations in Lagos

Arik Air operation has been shut down by Aviation unions over alleged failure to pay seven months’ salary arrears of workers and other...

Passengers stranded as Union shuts down Arik Air operations in Lagos

It was gathered that Arik Air laid off over 90% of its workforce, a commonality that has risen since the advent of the COVID-19 pandemic.

Travel disruption: Arik Air apologises to passengers

Arik Air management on Monday apologized to passengers whose travel plans were disrupted by the picketing of its..

RBI asks banks to use automated IT-based system for asset classification

Business News | RBI Asks Banks to Ensure Automation of NPA Identification

Get latest articles and stories on Business at LatestLY. The Reserve Bank of India (RBI) on Monday asked banks to put in place and upgrade their systems and ensure automation of non-performing asset (NPA) identification. Business News | RBI Asks Banks to Ensure Automation of NPA Identification.

RBI asks banks to complete automation of NPA recognition by 30 June 2021

In a notification issued on Monday, RBI observed that the processes for NPA identification, income recognition, provisioning and generation of related returns in many banks are not yet fully automated.

Upgrade system to identify NPAs, calculation of provisioning by June 30: RBI to banks

The Reserve Bank of India, on Monday, asked banks to upgrade their systems by June 30, 2021, for identification of non-performing assets (NPA) and calculation of provisioning.“In order to ensure the c

RBI pulls up banks over delay in automating NPA recognition process

Banks were advised in August 2011 to have appropriate IT systems for identification of NPAs and generation of related data/returns

RBI asks banks to complete automation of NPA recognition, calculation of provisioning by June 30, 2021

RBI observed that the processes for NPA identification, income recognition, provisioning, and generation of related returns in many banks are not yet fully automated.

RBI directs banks to complete automation of NPA recognition, provisioning calculation by June 2021

All borrowal accounts, including temporary overdrafts, irrespective of size, sector or types of limits, will be covered in the automated IT based system for asset classification, upgradation, and provisioning processes, says RBI

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

Banks' non-performing assets in large industry and services declined 31 percent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday.

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

"As per Reserve Bank of India (RBI) data on domestic operations, NPAs of scheduled commercial banks pertaining to large industry and services have come down to Rs 4,36,492 crore as on June 30, 2020 (provisional) from Rs 6,35,971 crore as on March 31, 2018, registering a decline of 31 per cent," Thakur said in a written reply to the Lok Sabha.

Banks' NPAs in large industry, services dip 31% in over 2 yrs to Rs 4.3 trn

Banks' non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 trillion in June this year, Parliament was informed on Monday

Banks' NPAs in large industry, services fall 31 pc in over two years to Rs 4.36 lakh cr

Banks' non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday.

S&P Expects India's Economy To Contract 9% In Fiscal 2021

S&P joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction.

S&P expects India's economy to contract 9% in fiscal 2021

The ratings firm joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction in April-June, as consumer spending, private investments and exports collapsed during one of the world's strictest lockdowns.

S&P Global Ratings expects Indian economy to contract 9% in fiscal 2021

S&P Global Ratings said that it was expecting India's economy to shrink by 9% in the fiscal year ending March 31, 2021, larger than its previous estimate of a 5% contraction

S&P: India’s economy to tank 9% in FY21 due to COVID-19

Following Moody’s take on the Indian economy, S&P Global Ratings said that the Asian nation is likely to see a 9% contraction in its GDP in the fiscal

India's economy likely to tank 9 pc due to Covid distress: S&P

S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer.

Business News | India's Economy Likely to Tank 9 Pc Due to Covid Distress: S&P

Get latest articles and stories on Business at LatestLY. S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer. Business News | India's Economy Likely to Tank 9 Pc Due to Covid Distress: S&P.

S&P slashes its FY21 growth forecast for India

"One factor holding back private economic activity is the continued escalation of the Covid-19,"

Rating agency S&P projects Indian economy to contract 9% in fiscal 2021

S&P Global Ratings on Monday revised its forecast for the decline in India’s economy to (-)9 per cent in the current fiscal, from previously predicted,

Economy to shrink 9% in FY21, says S&P

Extent of downslide increased from 5% contraction earlier

S&P slashes India’s growth forecast to -9% from previous estimate of -5% in FY 2021

The global ratings body said rising Covid cases in India will keep private spending and investment lower for longer.

S&P projects Indian economy to contract 9 pc in FY21; says COVID-19 will restrain economic activity

The ratings firm joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction in April-June, as consumer spending, private investments and exports collapsed during one of the world's strictest lockdowns.

OPEC: 2020 world oil demand to decline by 9.46 million bpd

World oil demand in 2020 is expected to fall by 9.46 million barrels per day (bpd), the Organization of the Petroleum Exporting Countries (OPEC) said

World News | OPEC Cuts Oil Demand Forecasts, BP Sees 'peak Oil' in 2020s

Get latest articles and stories on World at LatestLY. Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday as it cut its forecasts. World News | OPEC Cuts Oil Demand Forecasts, BP Sees 'peak Oil' in 2020s.

OPEC expects slower recovery for global oil demand

Sept. 14 (UPI) -- The decline in global oil demand due to the COVID-19 pandemic will be deeper and last longer than previously thought, OPEC said in a new outlook Monday.

OPEC forecasts steeper oil demand drop as coronavirus persists

World oil demand will tumble by 9.46 million barrels per day this year, the Organization of the Petroleum Exporting Countries said in a monthly report

OPEC cuts 2020 oil demand forecast, trims 2021 outlook on pandemic fallout

OPEC has cut its forecast for oil demand growth this year, citing a weaker-than-expected recovery in India and other Asian countries.

Has global oil demand hit peak? BP says it’s possible

LONDON, Sept 14 — Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain’s BP predicted today. At the same time, the oil cartel Opec has revised its forecast for global demand lower...

Has global oil demand hit peak? BP says it's possible

Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain's BP predicted Monday.

Opec downgrades 2020 forecast amid faltering demand

Opec has cut its forecast for the global oil market for the year, amid faltering demand and a weaker-than-expected recovery in Asia.

OPEC sees weaker outlook as demand falters, shale recovers

OPEC downgraded its outlook for the global oil market a few days before ministers meet, amid faltering demand and signs of a recovery in supply from U.S. shale drillers.

India bans export of all varieties of onion

“Rates have increased and there is shortage of onion in the domestic market. While this shortage is seasonal, a huge amount of exports were done in the last few months during the Covid-19 pandemic,” said an official aware of the development.

Centre bans export of onion with immediate effect amid shortage in domestic market

The ban, however, will not apply to onions exported in sliced or in powder form.

India Bans Export Of Onions With Immediate Effect

The move aimed at increasing availability and keeping prices in check.

India bans onion exports as prices treble in a month

The export of all varieties of onion was prohibited with the immediate effect, the government said.

Government bans export of all kind of onions with immediate effect

The export of all varieties of onions has been banned by the central government.

Govt bans export of onions with immediate effect

"The export of all varieties of onions... is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification.

Govt bans export of onions with immediate effect

The government on Monday banned the export of all varieties of onions with immediate effect, a move aimed at increasing availability and checking the price of the commodity in the domestic market.“The

Govt bans export of onions with immediate effect

Govt is anticipating a shortfall in the key cooking ingredient as its exports shot up 30% during April-July period

Govt bans export of onion with immediate effect

"The export of all varieties of onion is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification

After PSUs, MSME Ministry train guns on 500 corporates for unpaid MSME dues; asks to pay ‘at earliest’

Credit and Finance for MSMEs: The ministry reminded private firms to join the TReDS platforms as it was made mandatory by the government in 2018 for all CPSEs and corporates with over Rs 500 crore turnover.

MSME Ministry urges corporates to clear sector’s dues

"Ministry has written e-letters to the owners, CMDs or top executives of these five hundred corporates. While conveying its support and solidarity in these difficult times, Ministry has strongly taken up the issue of pending payments of MSMEs."

MSME ministry asks corporates to clear dues of small units on priority

The MSME ministry has asked top 500 corporate groups to clear the pending dues of small and medium enterprises on priority as these payments are important for operations and sustenance of jobs in the sector

Government asks private sector to clear payments due to MSMEs

The ministry has also asked corporates to ensure that they are filing half-yearly returns as mandated by the Ministry of corporate affairs on their dues to MSMEs.

Govt asks top 500 private companies to clear MSME dues

In a letter to the heads of these companies, MSME secretary AK Sharma asked them to clear all dues as the payments are crucial for operation and survival of small businesses

Govt Asks Corporates To Clear MSME Dues On Priority

On Monday, the MSME Ministry has asked corporates of the country to clear dues of small and medium enterprises (SMEs) on priority as these payments are important for operations and sustenance of jobs in the sector.

Centre asks 500 big firms to clear MSME dues fast; govt pays up Rs 10,000 crore

In e-letters sent out to top bosses of the big companies, the Ministry of MSME headed by Nitin Gadkari has said that payment of past dues is very important for MSMEs' survival

If the FDA Can’t Help Ocugen Stock, You Have to Wonder Who Can

Potential investors in OCGN stock should treat it as speculation. The company hasn't been making money and doesn't have a plan.

After the Tesla Stock Split: 2 "Splits" to Avoid, and 1 to Watch

Stocks split because their businesses are booming -- not the other way around.

As iBio Stock Fades, It’s Time to Look Elsewhere for a Vaccine Play

A few months ago, there was lots of optimism for IBIO stock. But unfortunately, the company hasn't liveed up to the lofty expectations.

AstraZeneca Shows the Risk of Investing in Coronavirus Vaccine Stocks

Investors got a not-so-sweet reminder of the difficulties and risks of clinical trials.

Examining the different types of stocks

The ups and downs of the stock market can be downright exhilarating — or terrifying, depending on who you are. There’s a reason so many people refer to the capricious stock market as a roller coaster ride.

Why the Time May Be Right for GE and Patient Investors

GE stock has faced turmoil in the stock market before and is poised for recovery once the U.S. economy finds firmer footing.

7 Coronavirus Vaccine Stocks to Watch as Approval Nears

Whether or not we get an 'October Surprise' from President Donald Trump, these coronavirus vaccine stocks look hot now.

UBS explores merger with Credit Suisse

The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger to create one of Europe’s largest banks, Inside Paradeplatz reported.

UBS and Credit Suisse reported to be in merger talks

Europe’s banking industry is under pressure to consolidate

UBS chairman maps out Credit Suisse merger

Axel Weber brought in management consultants to examine potential for a deal

UBS and Credit Suisse are reportedly considering a merger that would create one of Europe's largest banks

A Swiss financial blog reported that the two bank's chairmen have been involved on the potential deal, nicknamed Signal.

UBS and Credit Suisse are reportedly considering a merger that would create one of Europe's largest banks

Logos of Swiss banks Credit Suisse and UBS are seen Zurich Reuters A Swiss financial blog reported Monday that Credit Suisse and competitor UBS are

UBS and Credit Suisse Might Merge as One Entity

Credit Suisse and UBS, might see a possible merger as the chairmen of the banks are already considering to create a single European banking giant.

Price hikes anger Nigerians as fuel subsidy ends

Economist Michael Famoroti said the corruption-riddled subsidy system that allowed some to profit hugely was simply no longer sustainable.

Price hikes anger Nigerians as fuel subsidy ends

The cost of fuel at the pump has risen by around 15% in recent days, hitting a record high of 162 naira per litre ($0.42, 0.36 euros), or $1.55 / 1.36 euros a US gallon, after the government pushed on with deregulation.

The needless furore over fuel subsidy removal

Mr President is in the eye of the storm recently for bravely realizing the inevitable expungement of the fuel subsidy in Nigeria, brave...

Oligbo condemns hike in fuel price, electricity tariff

PDP chieftain and frontline governorship aspirant for Anambra 2021, Oligbo, has condemned the increase in fuel price and electricity tariff.

Subsidy nemesis

These posers come in handy in the current debate on the propriety of the removal of subsidies on fuel and electricity by the Buhari.

'Reversal repo rate' below 3.5% detrimental to economy: SBI Ecowrap

SBI report said that providing fiscal stimulus is the most effective solution in the current pandemic and it should be immediately provided in line with other countries

A ‘reversal’ repo rate below 3.5% will harm the economy, says SBI’s Ecowrap report

The report calls for an ‘activist fiscal policy’

Monetary policy has limitations, govt should act more to revive economy: SBI economists

Using a formula, they estimated the

Monetary policy has limitations, govt should act more to revive economy: SBI economists

Using a formula, they estimated the "lower bound" of interest rates — below which the gains of rate cuts start reversing — at 3.5 per cent for India as against the Reserve Bank of India's (RBI) policy repo rate of 4 per cent.

Rate cuts beyond a point could be counter-productive: Report

They further said that lowering policy rates below 3.5% could be counterproductive and recommended an activist fiscal policy going forward.

Parent company of New York Sports Club and other gym chains files for bankruptcy

The parent company of New York Sports Club and several other fitness club chains has filed for bankruptcy protection as the COVID-19 pandemic continues to wreak havoc with its operations.

New York Sports Club owner files for bankruptcy, with gyms hit by pandemic

New York Sports Club owner Town Sports International filed for Chapter 11 bankruptcy Monday, with many gyms nationwide still shut because of the Covid pandemic. 

Parent of New York Sports Clubs and Boston Sports Clubs has filed for bankruptcy as the pandemic ravages gyms

Town Sports International, parent of New York Sports Clubs and others, filed for bankruptcy as many continue to exercise at home.

Parent Company Of Philadelphia Sports Club Files For Chapter 11 Bankruptcy

PHILADELPHIA (CBS) – The parent company of Philadelphia Sports Club has filed for Chapter 11 bankruptcy. Town Sports International, LLC, which has 61 affiliate companies including several Philadelphia Sports Club locations in the region, made the announcement Monday morning.

New York Sports Clubs files for Chapter 11 bankruptcy after forced gym closures

Town Sports International, the owner of New York Sports Clubs, filed for Chapter 11 bankruptcy on Monday after the coronavirus pandemic forced its gyms to close and caused revenue to dry up. The

NY Sports Club latest chain to seek bankruptcy protection

The company that runs New York Sports Club and Lucille Roberts gyms filed for bankruptcy protection with COVID-19, still prevalent in man parts of the U.S., gutting membership rolls at fitness compani

Delta to borrow $6.5 billion against frequent-flyer program

Sept. 14 (UPI) -- Delta Air Lines said Monday it plans to borrow $6.5 billion while using its SkyMiles frequent-flyer program as collateral, to help it navigate hardship brought on by the COVID-19 pandemic.

Delta latest airlines to raise funds through loyalty program

Delta Air Lines will use its frequent flyer program to back up $6.5 billion in funding as the pandemic continues to buffet air travel.

Delta will use frequent-flyer program to back $6.5 billion in debt

Delta Air Lines on Monday said that it will borrow $6.5 billion backed by its frequent-flyer program, the third airline to tap its loyalty platform to shore up liquidity amid the coronavirus crisis.

Delta will use frequent-flyer program to back $6.5 billion in debt

Delta Air Lines became the latest carrier to tap its frequent-flyer program to cover new debt.

Airline stocks led higher by Delta Air after travel demand rises to post-COVID-19 high

Airline stocks were broadly higher Monday, led by Delta Air Lines Inc., after more positive travel demand data, with a surge in the broader stock market also...

7 Gun Stocks to Buy During the Coronavirus Pandemic

Pandemics typically bring out the worst in people and this known fact is driving firearms sales through the roof.

2 Cheap Dividend Stocks You Can Buy Right Now

Both of these investments pay more than 5% annually.

9 Robinhood Stocks Flying Under the Radar

Robinhood stocks have generated much attention this year, but here are some names that you may not have heard about.

7 ‘A-Rated’ Small-Cap Stocks That Could Bring Big Returns

The mega-caps have had their day and now it’s time for small-cap stocks to take leadership positions on the market.

3 Stocks for Beginners to Base a Portfolio On

The best stocks to buy for beginners are those of successful, well-established companies with simple products and lacking significant threats.

Swiggy delivery executives in Hyderabad to go on strike

Hyderabad, Sep 14 (IANS) Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges. They claimed that Swiggy has reduced their earning structure amid the Covid-19 pandemic and despite the rise in petrol prices. The delivery executives said[Read More...]

Swiggy delivery executives on strike from today

Old incentive of ₹35 has been trimmed to ₹15

Swiggy delivery executives in Hyderabad to go on indefinite strike from Tuesday

Claiming that amid a rise in coronavirus cases and petrol prices, Swiggy has reduced their earning structure, the delivery executives of Swiggy in Hyderabad have announced an indefinite strike from Tuesday.

After Chennai, Swiggy Delivery Executives Announce Indefinite Strike In Hyderabad

After going on strike in Chennai last month, Swiggy’s delivery executives have announced an indefinite strike in Hyderabad against low wages.

Swiggy delivery boys to go on indefinite strike in Hyderabad

Hyderabad: Thousands of Swiggy delivery executives boycotted work on Monday in the city to protest against the food delivery company’s decision to

Ontario's legislature returns for its fall session today

Ontario's legislature returns for its fall session today, but with the COVID-19 pandemic still affecting daily life, the Progressive Conservative government's house leader says it will not be business as usual.

Ontario legislature resumes today as pandemic dominates the agenda

TORONTO — Ontario's legislature returns for its fall session today, but with the COVID-19 pandemic still affecting daily life, the Progressive Conservative government's house leader says it will not be business as usual.

Hospitals warn of second lockdown as Ontario COVID-19 numbers rise

The head of the Ontario Hospital Association is warning that increasing COVID-19 case rates could lead to another provincial lockdown.

Hospitals warn of second lockdown as Ontario COVID-19 numbers continue to jump

TORONTO — Increasing COVID-19 case rates could plunge Ontario into another lockdown, the head of the province's hospital association warned as the government reported a case spike for the fourth consecutive day.

Premier Ford, ministers to make announcement at Queen's Park

Ontario Premier Doug Ford will make an announcement on Monday afternoon as the legislature returns for its fall session and more students return to school.

Elon Musk's SpaceX Has the Most Payload to Bring to Space in 2020—Asks Fans to Compile 'Numbers That Really Matter'

Elon Musk ask fans to compile tonnage of all orbit launches in 2020 and Starlink tops the list. Exciting feat shared by Musk on Twitter with fans!

Elon Musk: Next Starship Launch Will Fly 12 Miles High

According to SpaceX CEO Elon Musk, the space company's latest full-scale Starship prototype dubbed SN8 will ultimately attempt to fly to 60,000 feet.

SpaceX SN8 to launch and fly to 60,000 feet next week

Elon Musk, head of SpaceX, has announced via Twitter that the company's SN8 rocket will take a test flight sometime next week. The plan is for the rocket is to soar up to 60,000 feet (18,300 meters) and ...

SpaceX's next Starship prototype will try a 60,000-foot return flight

Elon Musk has revealed that SpaceX's Starship SN8 prototype will have a nosecone and attempt a 60,000-foot return trip.

SpaceX set to launch its latest Starship prototype with completed nose cone 60,000 FEET into the air next week

SpaceX CEO Elon Musk announced the firm is gearing up for a third Starship rocket test flight. Unlike the previous prototypes, SN8 is set to launch 60,000 feet into the air.

Govt introduces bill in Lok Sabha to bring cooperative banks under RBI supervision

Opposition members opposed the introduction of the Banking Regulation (Amendment) Bill, accusing the Centre of encroaching on the rights of states.

Banking  Regulation  Bill tabled in Lok Sabha

Law aims to bring cooperative banks under RBI’s regulatory framework.The proposed bill will empower RBI to create bank merger scheme without moratorium norms

Bill to strengthen regulatory framework of cooperative banks introduced in LS

Finance Minister Sitharaman also introduces Factoring Bill in lower house

Finance minister introduces Banking Regulation (Amendment) Bill in Lok Sabha

With the amendments, RBI will be able undertake a scheme of amalgamation of a bank without placing it under moratorium

Public banks need much more than Rs 20,000 crore capital infusion

Government's plan to infuse Rs 20,000 crore into public sector banks puts no pressure on the Centre, but the lenders have to be ready with enough capital if matters go south

Public sector banks need real capital infusion

If the banks are to buy government bonds with the money transferred to them as capital, it amounts to accounting jugglery

Govt seeks Parliament nod for Rs 20,000 cr capital infusion in public sector banks

The government on Monday sought Parliament's approval for infusing Rs 20,000 crore in public sector banks in the current financial year to meet regulatory requirements.

Govt to infuse Rs 20,000 cr in public sector banks; seeks parliamentary nod

The government has infused Rs 3.5 trillion in PSBs in the last few years, with the previous round of recapitalisation taking place in September 2019

Promoter share pledging among NSE cos at 3-year high; value of pledged shares now at Rs 2.77 lakh cr

In value terms, the pledged shares amount to Rs 2.77 lakh crore, adding almost Rs 1 lakh crore from the previous month.

Pledging of shares by promoters hits 3-year high in August: Report

Pledging of shares by promoters in the NSE-listed firms reached at 1.86% of the total market capitalisation in August, making it the highest in three years, according to a report by primeinfobase.com

Promoter share pledging hits 3-year high in August: Report

High pledge levels are typically not considered a good sign by the investors as a downturn in the market price can lead to invocation and change in management.

Promoter share pledge at a 3-year high

New Delhi, Sep 14 (IANS) Pledging of shares by promoters in companies listed on NSE reached a three-year high of 1.86 per cent of total market capitalisation. The last time it was higher was on April 30, 2017 at 1.88 per cent, as per prime info base, an initiative of[Read More...]

Alibaba Is in Talks to Invest $3 Billion in Grab

Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.

Alibaba in talks to invest US$3b in Grab, according to Bloomberg reports

BEIJING, Sept 14 — Alibaba Group Holding Ltd is in talks to invest US$3 billion in Southeast Asia's biggest ride-hailing firm Grab Holdings Inc, Bloomberg News reported today, citing people familiar with the matter. The Chinese conglomerate will be the sole investor in the funding round and will...

Alibaba is in talks to invest $3 billion in Grab: Report

Alibaba Group Holding Ltd is in talks to invest $3 billion into Southeast Asia's biggest ridehailing firm Grab Holdings Inc, Bloomberg News reported on Monday, citing people familiar with the matter.

Alibaba is in talks to invest US$3 billion in Grab: Report

SINGAPORE: Alibaba is in talks to invest US$3 billion into Southeast Asia's biggest ride-hailing firm Grab, Bloomberg News reported on Monday (Sep ...

Sensex, Nifty erase all gains to end day’s trade with losses; Nifty small cap 50 index gains over 6%

Sensex and Nifty started the week’s initial trading session with gains but failed to carry that momentum for the entire day, ending the session with losses.

Sensex rises over 350 points, Nifty regains 11,550 level; smallcap stocks outperform after Sebi order

Smallcap stocks were the outperformers today with BSE Smallcap index rising over 2%. The BSE Midcap index advanced 1.18%.

Sensex Slumps Over 650 Points From Day's High As Banking Shares Drag

Mid- and small-cap shares rallied after market regulator Securities and Exchange Board of India (Sebi) tweaked norms for asset allocation for multi-cap mutual funds.

Markets End The Day Lower, IT Index Hits Record High

The Sensex and the Nifty ended the day lower despite trading sharply higher for most part of the day.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

CALGARY — Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC last week.

Calfrac delays vote on recapitalization plan following unsolicited Wilks Brothers offer

The Calgary-based company says it will now hold a vote by its shareholders and unsecured noteholders on the management reorganization plan on Sept. 29 instead of Sept. 17.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC.

Not opportune time to suggest comprehensive regulatory framework for OTT services: TRAI

OTT services refer to applications and services that are accessible over the internet and ride on an operator's network. Skype, Viber, WhatsApp and Hike are some of the popular and widely-used OTT services.

Trai rules out regulatory intervention for OTT services; COAI says issues left unaddressed

Regulator Trai on Monday ruled out any immediate regulatory intervention for OTT communication services like Whatsapp, Google Duo and Viber, and said time is not opportune to recommend a comprehensive regulatory framework for them -- dashing hopes of telcos that had been pushing for same rules to be applied to such players.

‘Regulatory set-up for OTT players not required now’

Matter being examined globally: TRAI

OTTs need no regulations: TRAI

The Telecom Regulatory Authority of India (TRAI) has recommended that over the top (OTT) players such as Facebook, Google, Viber and the likes require no regulations.“Market forces may be allowed to r

US stocks and the Dow try to snap two-week losing streak

The Dow and the US stock market are rallying Monday, attempting a rebound from recent turbulent trading as well as the first two-week losing streak in more than four months.

Dow surges 300 points as Apple leads tech rebound

Stocks rose amid a slew of corporate dealmaking activity as the market tried to recover from its first back-to-back weekly declines in months.

5 things to know before the stock market opens Monday

Heading into Monday trading, the Nasdaq was off just under 10% from its closing record on Sept. 2.

Dow claws back 28,000 perch as stocks rebound from last week’s selloff, amid vaccine hopes, deal-making

U.S. stocks climb Monday amid a flurry of potential corporate mash ups announced over the weekend, including reports that Oracle may be forging a partnership...

Saptagir signs deal with Jubilant Generics to manufacture ‘Remdesivir’

Hyderabad: Hyderabad-based Saptagir Laboratories on Monday announced that it has signed an exclusive agreement with Jubilant Generics to manufacture

Saptagir Laboratories to manufacture Remdesivir for Jubilant Generics

Hyderabad-based company signs an exclusive agreement to make intermediates and bulk drugs for intravenous administered drug

Saptagir Laboratories enters into exclusive agreement with Jubilant Generics

Saptagir Laboratories, part of the Rs 900 crore Saptagir Group, has entered into an exclusive agreement with Jubilant Generics to manufacture intermediates and bulk drugs

Saptagir, Jubilant in Remdesvir pact

Saptagir Laboratories has entered into an agreement with Jubilant Generics to manufacture intermediates and active pharmaceutical ingredient (API) for the intravenously-administered Remdesivir that h

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

Gilead expects the deal to immediately bolster its revenue growth, and to be neutral to accretive to adjusted earnings per share in 2023.

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen during the outbreak of the coronavirus disease (COVID-19), in California Reuters ...

Gilead in Advanced Talks for Immunomedics, Bid More Than $20 Billion

Gilead Sciences Inc. will acquire Immunomedics Inc. for about $21 billion cash to add breast-cancer treatments, the companies said in a statement.

Gilead Ramps Up Cancer Focus With $21 Billion Immunomedics Deal

Gilead Sciences Inc. agreed to acquire Immunomedics Inc. for about $21 billion, a substantial premium for the maker of a promising breast-cancer therapy, in another big bet by the drug giant that an innovative tumor fighter can boost its fortunes.

Many cloud servers are still at high risk of being hijacked for crypto mining

Is cryptojacking still an underrated threat?

Most Attacks on Cybersecurity Firm’s Decoy Servers Aimed at Mining Crypto: Report

Of the 16,371 attacks on Aqua Security's decoy servers over the last year, 95% were aimed at mining cryptocurrency through deploying malicious programs.

Most Cloud Server Attacks Seek to Mine Cryptocurrency: Report

Precious cloud infrastructure resources are being exploited to mine cryptocurrency—with more sophisticated evasion techniques in tow.

Infosys to acquire European consultancy firm GuideVision

Bengaluru, Sep 14 (IANS) IT major Infosys has signed a definitive agreement to acquire European consultancy firm GuideVision for up to 30 million euros including earn-out and bonuses. In a regulatory filing on Monday, Infosys said that GuideVision’s end-to-end offerings, including SnowMirror — a proprietary smart data replication tool for[Read More...]

Infosys to acquire European consultancy firm GuideVision

Infosys to acquire GuideVision for €30 million

The enterprise service management consultancy offers strategic advisory, consulting, implementations, training and support on the ServiceNow platform

Sebi seeks clarification on Kalyan Jewellers IPO

Kalyan Jewellers' promoter T S Kalyanaraman would be offloading shares worth up to Rs 250 crore, while Highdell Investment Ltd would sell up to Rs 500 crore worth of shares through the OFS route.

Sebi seeks clarification on Kalyan Jewellers IPO

The proposed IPO comprises issuance of fresh equity aggregating up to Rs 1,000 crore and an offer for sale (OFS) worth Rs 750 crore, according to the Draft Red Herring Prospectus (DRHP).

Sebi seeks clarification on Kalyan Jewellers IPO

Government-owned companies biggest wealth destroyers in the last six years: Mutual fund veterans

Govt-owned companies biggest wealth destroyers in the last six years: Mutual fund veterans

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the managers said.

State-run firms biggest wealth destroyers in last six yeas, say MF veterans

The government has been pressing citizens to pay taxes and be compliant, but they have very little to show regarding improved efficiencies in the companies they themselves own, the managers added

Any Dip in Pinterest Stock is a Great Long-Term Investment Opportunity

Long-term investors may regard any drop in PINS stock as opportunity to buy. Pinterest is a portfolio keeper.

Is Slack Stock a Buy?

Let's find out if the recent pullback in the stock is a buying opportunity for long-term investors.

3 Reasons to Buy Microsoft Stock on the Dip

Microsoft has dependable revenue and earnings growth and a monstrous balance sheet. Plus, MSFT stock is in demand among investors.

BREAKING: All airports now open to domestic flights – FG

Kayode OyeroThe Federal Government has said all airports in the country including private airports and airstrips were now opened for domestic commercial flights.The Minister of Aviation, Ha...

BREAKING: FG reopens domestic airports

The federal government on Monday, September 14, announced the reopening of all domestic airports for flight operations. The minister of aviation disclosed this.

BREAKING: FG reopens domestic airports

The Federal Government has announced the reopening of all domestic airports for flight operations.Minister of Aviation, Hadi Sirika...

Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise

Bitcoin’s controversial hard fork now buys less BTC than ever before as one analyst warns that buyer support has disintegrated

Bitcoin market cap will match JPMorgan’s if the $16.5K CME gap closes

At $16,500, Bitcoin’s market cap would match that of JPMorgan, illustrating just how early the crypto sector is in its growth phase

Crypto Long & Short: How Bitcoin Correlations Drive the Narrative

Bitcoin's correlations with the S&P 500, gold, avocados, Telsa stock or whatever make for good short-term narratives, but they're not that meaningful.

Neemuchwala joins U.S. VC firm Dallas Venture

DVP may invest up to $500 mn in India

Former Wipro CEO Abidali Neemuchwala joins Dallas Venture Partners

The fund will invest $300-500 million in India over the next 10 years. Neemuchwala and the venture fund will help the startups scale up through mentoring and funding to cater to the global market.

Former Wipro CEO Abidali Neemuchwala turns investor, joins Dallas Venture

The firm said it plans to focus on early-stage and growth-stage companies dealing with areas such as cloud infra, AI, machine learning and mobile

EANS-DD: Andritz AG / Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)

personal data:

EANS-DD: Andritz AG / Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)

personal data:

EANS-DD: Andritz AG / Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)

personal data:

Impact of corporate tax rate cut to be felt in coming years: Anurag Thakur

Govt said the lowering of corporate tax rate has made India a globally competitive and favoured destination for investment and the impact of this landmark reform will be felt in the coming years

Impact of corporate tax rate cut to be felt in coming years: Anurag Singh Thakur

This has enabled the corporate tax rates in India to be amongst the lowest in the world, he said, adding

Rebooting Economy XXVII: Fiscal mismanagement threatens India's economic recovery

Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not "keeping the power dry" for future stimulus or unrealistic claim of a V-shaped recovery

Hemp Just Needs the Nod: A $2Bn Transition For NZ’s Economy

‘The global disruption wrought by Covid-19 has challenged the foundations of our current way of life to an extent not seen since the end of the Second World War………- KPMG AgriBusiness:

New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs.

Helter Skelter: Global Regulatory Chaos Over CBD

We have pure unadulterated chaos for CBD and other hemp-derived, non-psychoactive cannabinoids from a regulatory perspective. This path is unsustainable. We need uniformity, we need consistency, and we need leadership.

Kyber Network, a Decentralized Ethereum Token Exchange Protocol, Reports Challenges Due to High ETH Gas Fees

Kyber Network, a decentralized Ethereum token exchange protocol, reports challenges due to high ETH gas fees.

DeFi Protocol bZx Hacked For Third Time, Loses $8 Million

The decentralized finance lending protocol has now lost nearly $10 million to hacks this year.

DeFi Protocol bZx Lost $8.1 Million in a Third Attack

bZx, a decentralized finance (DeFi) protocol on Ethereum (ETH) network, has recently lost around $8.1 million due to a faulty piece of code.

Novavax Stock Has a Clear Path to Over $200

Novavax is likely to recover with its vaccine results. If successful, I think its vaccine will make NVAX stock worth at least $229.

It’s Not Over Yet for Novavax Stock, but Wait for Another Pullback

While factors could change the game, you can't say it's over for NVAX stock. Still, wait for lower prices before diving into high-risk, high-return Novavax.

Novavax’s Run to $200 by the End of 2020 Is Looking Less Likely 

Though NVAX stock may not reach the $200 threshold by the end of this year, that only gives investors a chance to consider its strong fundamentals.

The stock market faces these 8 risks heading into year-end, JPMorgan says

JPMorgan still views US and growth stocks will continue to be relative out-performers to international and value stocks, respectively, the note said.

Stock Market Bubble: Are Stocks Too Expensive Right Now?

Simply put, the stock market has gone wild. It's important to factor that into your investment planning.

Models Now Suggest This Factor Could Beat The Market By 8% A Year

Models are showing that the value factor could be set for a strong run, could it happen?

Mega: Vinyl outsells CDs for the first time since the 80s

Leg warmers to outdo socks next?

Vinyl records outsell CDs in US for first time since 1980s

Report on first half of 2020 finds that vinyl makes up 62% of physical music revenue

Vinyl Records Surpass CD Sales For the First Time Since the 1980s

After years of CDs ceding ground, the old has surpassed the new once again--vinyl records are back on top.

Tax group eyes diesel levies and motor-tax bands ahead of budget

Tax Advisory Group also suggests changes in budgets to grants for electric, hybrid vehicles

Diesel taxes should be increased in budget, says tax advisory group

Tax Strategy Group also suggests changes in budget to grants for electric and hybrid vehicles, and motor tax bands

Bill to cut MPs' salaries by 30% to meet COVID exigencies introduced in Lok Sabha

The ordinance had stated that the coronavirus pandemic has shown the importance of expeditious relief and assistance and therefore, it was necessary to take "certain emergency measures to prevent and contain the spread of this pandemic".

Monsoon Session: Bill to cut MPs' salaries by 30% to meet Covid demand introduced

Parliamentary Affairs Minister Pralhad Joshi on Monday introduced in Lok Sabha a bill that seeks to reduce for one year the salaries of Members of Parliament by 30 per cent 'to meet the exigencies arising out of COVID-19 pandemic'.

MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves

MicroStrategy told the SEC it "may increase" its bitcoin (BTC) holdings beyond the $250 million haul purchased in August.

MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M

MicroStrategy has outperformed Nasdaq since buying BTC. Now it's doubling down.

Iran May Fund Car Imports With Cryptocurrency Mining

An Iran free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports.

Iran’s crypto mines could be used to help fund car imports

It seems that the private sector is not satisfied with the country’s local fiat money

SoftBank sets price in telco stake sale worth US$11.7 billion

TOKYO: SoftBank Group Corp said on Monday it set the offering price for the sale of shares in wireless carrier SoftBank Corp at 1,204.50 yen per ...

SoftBank to Raise $10.4 Billion in Sale of Wireless Unit Stock

SoftBank Group Corp. will raise about 1.2 trillion yen ($10.4 billion) from selling about a third of its domestic wireless arm, marking Japan’s biggest secondary share sale in a decade.

Vedanta Resources leads India surge in dollar loans for local buyouts

Vedanta raised a $1.75 billion facility in August to finance a plan to take its Indian unit private, and is in talks with banks for a further $600 million

Vedanta Resources leads India surge in dollar loans to fund local buyouts

Vedanta, the London-based commodity conglomerate controlled by billionaire Anil Agarwal, raised a $1.75 billion facility in August to finance a plan to take its Indian unit private

Agriculture reform Bills introduced amidst Opposition, farmers’ protests

They encourage private investments and technology introduction: Centre; grabbing the rights of farmers, draconian: Cong., TMC

‘Withdraw ordinances detrimental to ryots’

Centre’s proposal to table bills on three agriculture-related issues opposed

SignalX raises $ 750,000 from US venture capital firm

Artificial Intelligence-powered governance risk management and compliance start-up SignalX, based out of Hyderabad, has raised $750,000 from US VC firm 3Lines Venture Capital. With this funding, “we w

Latest News | SignalX Secures USD 750,000 Investment from 3Lines Venture Capital

Get latest articles and stories on Latest News at LatestLY. AI-powered risk Management startup SignalX has raised USD 750,000 (about Rs 5.51 crore) from a US-based early-stage VC firm 3Lines Venture Capital. Latest News | SignalX Secures USD 750,000 Investment from 3Lines Venture Capital.

Tata Steel management, workers' union sign pact for annual bonus payment

Tata Steel on September 14 said its management and Tata Workers Union have signed a Memorandum of management and Tata Workers Union have signed a Memorandum of Settlement for payment of annual bonus for the accounting year2019-20.2019-20.

Despite Covid-19, Tata Steel to pay Rs 235-cr bonus to employees for FY20

The memorandum was signed by Tata Steel CEO and Managing Director T V Narendran and TWU President R Ravi Prasad

Office furniture shortages loom as Canadians stay home this fall

OTTAWA - Canadians should brace for a shortage of office furniture, such as desks and chairs, as people continue to study and work from home this fall.Ikea

Office furniture shortages loom as Canadians stay home this fall

OTTAWA — Canadians should brace for a shortage of office furniture, such as desks and chairs, as people continue to study and work from home this fall.

Daimler AG to pay $1.5B to settle emissions cheating probes

WASHINGTON — Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Monday. The U.S.

Daimler to pay £1.17bn to settle emissions cheating probes in US

The settlement, which includes civil penalties, will also require Daimler to fix the vehicles.

Retirements, layoffs, labor force flight may leave scars on U.S economy

Retirements, layoffs, labor force flight may leave scars on U.S economy

Retirements, layoffs, labor force flight may leave scars on U.S economy

Judith Ramirez received a letter this month that she'd been dreading: The Honolulu hotel that furloughed her from a housekeeping job in March, ...

Why Amazon Stock Is Your Best Shot At Being an E-Commerce Tycoon

Some folks say they'll wait for the price of AMZN stock to come down before buying. No need to wait any more as the shares are priced to buy.

4 Hot Stocks to Buy for E-Commerce Growth

E-commerce stocks to buy include these companies that are growing at a robust pace and stand to benefit from the surge in online shopping.

EU’s Dombrovskis: US should eliminate tariffs on steel, aluminum

The US should do away with the tariffs on the European Union’s (EU) steel and aluminum, the newly appointed Trade Commissioner and European Commission

No US mini trade deals in pipe after lobster pact: EU's Dombrovskis

A "mini-deal" struck last month to remove EU tariffs on U.S. lobsters is unlikely to be followed swiftly by similar accords, given transatlantic ...

How to Fireproof California's Electric Grid

California isn’t equipped to handle the emerging hotter, drier climate. That includes its electric grid.

India has Attained “One Nation, One Grid, One Frequency”: Nandan Sahai

Sanjiv Nandan Sahai, IAS, Secretary, Ministry of Power, has recently said that India has already attained the status of “One Nation, One Grid, One Frequency”, and that there are now no constraints in inter-regional transfer of power.

As the real-estate market heats up, here’s how first-time buyers can keep their cool

The danger is letting a scarcity mentality lure you into overspending, or settling on a house that you’ll regret later

Vendors Risk Low Return On Home Investment In White Hot Real Estate Market

While Hamilton’s housing market is booming, Lodge Real Estate Managing Director Jeremy O’Rourke says some vendors are still not getting the best price possible for their property investment.

Sony Using Air Freight to Meet PS5 Demand This Holiday

Sky high expectations

PS5 shipments reportedly rushed as Sony tries to meet holiday demand

The PS5s are flying in, apparently literally

Stocks Charge Higher on M&A News and Vaccine Progress

Stocks were rising Monday amid a flurry of mergers and acquisitions news and signs of progress on a coronavirus vaccine.

Wall Street climbs on mega mergers, vaccine hopes

Wall Street's major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a ...

Let Fading Nikola Stock Go For Now

Nikola stock benefited from early hype before reversing. Given the valuation and risks, that reversal should continue; patience is advised.

Will Nikola Stock Continue to Benefit From GM Partnership Announcement?

Potential investors in Nikola stock may want to wait for a pull-back. It could be volatile before it finds new roads for revenue growth.

SKALE Completes $5M Token Sale on ConsenSys’ Anti-Speculation Platform

ConsenSys’ anti-speculation platform, Activate, has completed its first token sale with roughly 4,000 investors from 90 countries.

Polyient Games innovative dual-state token sale kicks off tomorrow

When is an NFT not an NFT?

Latest report shows Irish people getting more involved in sports - as gender gap declines

The Irish Sports Monitor 2019 shows that participation rates have grown by an additional 150,000 people in that period

Growing appeal of sporting life ‘across all age groups’

Irish Sports Monitor notes uptick of 3% in activity since previous survey compiled 2017