finance
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Trends
Bill Ackman warns banks about liability exposure from the Adani group: Indian banks are serving as the safety net for Adani’s finance.
Investors in Gautam Adani’s most recent $2.5 IPO gave him a thumbs up, but Wall Street is still assessing how…
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Flybe Airline Of UK Enters Bankruptcy For 2nd Time In 3 Years
Struggling British regional airline Flybe collapsed for the second time in three years on Saturday, costing jobs and stranding passengers.…
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Trends
Economic Growth Of Sri Lanka Stood At -11% In 2022: President
Overall economic growth of Sri Lanka in 2022 was minus 11 percent and could be -3.5 to -4 percent this…
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Trends
Airbus Decides To Hire Over 13,000 Employees In 2023
European aircraft maker Airbus said it plans to employ more than 13,000 people worldwide by 2023. The new hires will…
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Trends
Case Filed By CBI Against GTL Limited Directors Over Alleged Rs 4,500 Crore Fraud
According to the CBI, GTL Ltd. got loans by fraud from a bank consortium of about 24 lenders and subsequently…
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Trends
Amid Weak Demand, LG Posted A Record Quarterly Loss In Q4
LG Display on Friday reported a record operating loss in the December quarter as global demand for smartphones, computers, and…
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Trends
Microsoft’s Profit Falls By 12% to $16.4 Billion In Oct-Dec
For the October-December quarter, Microsoft reported a drop of 12% in revenue, showing economic uncertainty that it said had led to…
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Trends
Tesla Is Ready To Invest $3.6 Billion For 2 Factories At Nevada Complex
Tesla said that it would invest more than $3.6 billion to expand its Nevada manufacturing complex to include two new…
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Trends
Ad spending on Twitter Inc fell 71% in December
Ad spending on Twitter Inc fell 71% in December. Data from the advertising research firm showed that top advertisers cut…
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Trends
GoMechanic’s founder acknowledges mistakes in financial reporting and plans to reduce employment: Report
GoMechanic’s founder acknowledges mistakes in financial reporting and plans to reduce employment by 70%: Report Amit Bhasin, the founder of…
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