November 11, 20240 Comments

NOV 8-Oil settles down 2% on receding hurricane risk, lackluster China stimulus By Reuters

(This Nov. 8 story has been corrected to fix the WTI settlement at $70.38, not $70.35, in paragraph 2) By Shariq Khan NEW YORK (Reuters) – Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, while China’s latest economic-stimulus packages failed to impress some oil traders. U.S. West Texas Intermediate futures led

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November 11, 20240 Comments

India to summon Amazon, Flipkart executives as regulatory scrutiny grows, source says By Reuters

By Nikunj Ohri and Aditya Kalra NEW DELHI (Reuters) – India’s financial crime agency will summon Flipkart and Amazon (NASDAQ:) executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms’ sellers, a senior government source said. The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India’s $70 billion e-commerce

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November 11, 20240 Comments

SoftBank expected to book $1.87 billion profit on IPOs

By Anton Bridge TOKYO (Reuters) – Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen dampened foreign currency-denominated gains. Analysts are also looking out for signs of new investment momentum driven by SoftBank’s robust balance sheet and management’s bullish stance on artificial intelligence (AI). The net profit forecast for

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November 11, 20240 Comments

SoftBank expected to book $1.87 billion profit on IPOs By Reuters

By Anton Bridge TOKYO (Reuters) – Japanese technology investor SoftBank (TYO:) Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen dampened foreign currency-denominated gains. Analysts are also looking out for signs of new investment momentum driven by SoftBank’s robust balance sheet and management’s bullish stance on artificial intelligence (AI). The net profit forecast

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November 11, 20240 Comments

‘Rich Dad Poor Dad’ Author Reveals His Bitcoin Holdings and Plans to Buy More BTC By U.Today

U.Today – Financial guru and major investor Robert Kiyosaki known for authoring the popular “Rich Dad Poor Dad” book on finance management published a tweet right before BTC broke out to reach a new historic price peak of $77,252. He shared some “words and thoughts of a poor person” to talk to his audience about Bitcoin. In particular, Kiyosaki stressed that he continues to buy BTC at the current high

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November 11, 20240 Comments

Delivery Hero Tees Up Mega Dubai IPO of Middle Eastern Unit

(Bloomberg) — Delivery Hero SE unveiled plans to list its Talabat unit in Dubai in what could be among the region’s biggest initial public offerings of the year. Most Read from Bloomberg The German food delivery firm plans to sell a 15% stake in its Middle Eastern subsidiary, according to a statement on Sunday, retaining a majority interest. It could amend the size of the offering subject to approvals from

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November 11, 20240 Comments

Catfish killer used my photo as bait for others – victim

PSNI Alexander McCartney is one of the world’s most prolific online sex offenders Warning: This story contains distressing details relating to extreme child abuse and suicide. A teenager blackmailed into sending explicit images to catfish killer Alexander McCartney has told of her anger that he used her photograph to trap other young girls. Emily (not her real name) was targeted by McCartney in 2018. At the time she was 14

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