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Wednesday, November 20, 2024

Asia's local fuel imports at multi-year high in Nov



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Bitcoin surges to record high near $95,000

Bitcoin soared to a new all-time high near $95,000, fueled by reports of a potential acquisition of crypto trading platform Bakkt by Trump's social media company. This news, coupled with Trump's pro-crypto stance, has boosted investor confidence in a less regulated crypto environment.

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Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe

Ford Motor Co. is slashing 4,000 jobs across Europe, primarily in Germany, by 2027. The automaker cites economic challenges, intensified competition, and lower-than-anticipated electric vehicle sales as reasons for the workforce reduction. Ford's European sales have declined significantly this year, mirroring the industry's struggles with shrinking markets and pressure from Chinese EV manufacturers.

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Tuesday, November 19, 2024

RBI flags governor's deepfake videos



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Sebi moots tighter SME IPO rules to lower investor risks

To safeguard investors and enhance transparency, India's market regulator, Sebi, has put forth proposals to revamp the SME IPO framework. These include raising the minimum IPO size, increasing the application amount for investors, and mandating stricter compliance measures for listed SMEs.

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NTPC Green Energy IPO subscribed 33% on Day 1 of offer; retail portion oversubscribed

NTPC Green Energy Ltd's IPO received bids for a third of the shares on its first day, with the retail portion oversubscribed. The company aims to raise Rs 10,000 crore to repay debt and fund growth. It plans to expand its renewable energy capacity significantly in the coming years, including pumped hydro projects.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VkM2pqW

Monday, November 18, 2024

Asia's local fuel imports at multi-year high in Nov

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...