Category: business
In memoriam: Oscar Reyes, a visionary and prudent leader
MANILA, Philippines – Oscar Reyes, a veteran in the Philippine power sector who led the growth of major firms, died at the age of 79. The local energy sector is grieving the loss of Reyes, whose decades-long service helped shape the growth of the market. The country’s biggest power distributor, Manila Electric Co. (Meralco), highlights
Blackstone Explores $10B IPO or Sale for Ancestry.com
Blackstone Inc. (NYSE:BX) is one of the best American stocks to buy and hold for the next 3 years. On September 25, Reuters reported that Private equity firm Blackstone is currently exploring strategic options for Ancestry.com, the popular genealogy and DNA testing platform. These options include pursuing an Initial Public Offering/IPO or an outright sale […]
Chicago gov refuses to concede to ‘ultimatum’ as Trump prepares to send in 300 National Guard troops to city
Chicago gov refuses to concede to ‘ultimatum’ as Trump prepares to send in 300 National Guard troops to city
Kotak Mahindra’s average total deposits jump 14.4% to ₹5.1L crore
Kotak Mahindra Bank has announced its provisional financial results for the second quarter ended September 30.
Kotak Mahindra’s average total deposits jump 14.4% to ₹5.1L crore
Kotak Mahindra Bank has announced its provisional financial results for the second quarter ended September 30.
UK PM Keir Starmer to make his first official visit to India on October 8, 9
The MEA on Saturday said that Starmer and PM Modi will be in Mumbai on October 9 to take stock of progress in the India-UK Comprehensive Strategic Partnership under Vision 2035, a focused 10-year roadmap of programmes and initiatives.
Dharmatic Entertainment merges with Dharma Productions to cut costs
Karan Johar’s Dharma Productions, one of Bollywood’s leading film production companies, has decided to merge its digital arm, Dharmatic Entertainment, into the parent company, effective April 1, 2025.
OpenAI has acquired this AI-backed personal finance app
OpenAI has acquired this AI-backed personal finance app
BCCI to discuss Rohit’s captaincy future ahead of Australia ODIs
The Board of Control for Cricket in India (BCCI) selectors are likely to meet with Rohit Sharma regarding his future as captain of the Indian cricket team.
Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session
The S&P 500 and Dow achieved record closing highs Friday, navigating a volatile session amid an ongoing government shutdown. Interest rate-cut expectations strengthened, driven by weak economic data, including contracting services employment. Traders now anticipate a Fed rate cut in October as almost certain, with another probable in December, despite concerns about a prolonged shutdown’s impact.
The New York Times
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