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Why Eternal’s share price is rising despite a 90% drop in Q1 net profit

Eternal (formerly Zomato) caught the Dalal Street off guard as its share price kept climbing despite a whopping 90% drop in Q1…
Stock

HPE suffered £730 million loss in Autonomy deal with Mike Lynch, UK court rules

More than a decade after Hewlett Packard Enterprise’s (HPE) troubled $11 billion acquisition of Autonomy, a London judge has ruled the company…
Stock

India needs $2.4 trillion for climate-resilient urban infrastructure by 2050

The World Bank on Tuesday announced that India must invest over $2.4 trillion by 2050 to develop urban infrastructure that is resilient…
Stock

The effects of AI on the economy are real — but not in the way most expect

For the past few years, we’ve been told that artificial intelligence would either save the world or destroy it. The AI economy…
Stock

Top catalysts to move the SCHD and JEPI ETFs this week

The Schwab US Dividend Equity ETF (SCHD) and the JPMorgan Equity Premium Income ETF (JEPI) have rebounded in the past few months,…
Stock

Asian markets close higher: Kospi ends 0.7% up, Sensex surges 450 points

Asian markets ended Monday on a mixed note, with a slight upward tilt as investors appeared cautious following Japan’s ruling coalition’s loss…
Stock

Alphabet, Tesla earnings this week: what analysts are saying about GOOG, TSLA

The second-quarter earnings season for the influential “Magnificent Seven” technology stocks begins this week with results from Alphabet Inc. and Tesla Inc.,…
Stock

BP taps Albert Manifold as new chairman amid strategic crossroads

On Monday, BP announced Albert Manifold, former head of building materials producer CRH, as its new chairman.  This appointment comes as the…
Stock

Dow Futures soar 100 points ahead of big tech earnings: 5 things to know before Wall Street opens today

Wall Street is gearing up for a key week, with Dow futures jumping 100 points in early trading Monday. Investors are entering…
Stock

China’s Neta and Zeekr inflated EV sales using pre-sale insurance tactics: here’s what we know

A document seen by Reuters, as well as interviews with buyers and dealers, have revealed that Chinese electric vehicle manufacturers Neta and…
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