Edward Johnson 
Robert K. “Kelly” Ortberg is the Boeing’s new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing’s Board of Directors. Courtesy: Boeing Aerospace veteran Robert “Kelly” Ortberg becomes Boeing‘s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. That enormous goal will … Read more
Ashwini Kumar Tewari, MD, SBI, says rural growth is coming back, consumption is improving and of course, whether it has reached the levels that we want and whether it is sustainable is something we have to see. But with the agricultural growth doing good and the monsoon having improved significantly, we are in for a … Read more
Under Armour on Thursday said quarterly sales fell 14% in North America, and adjusted its full-year profit guidance after settling a years-old securities lawsuit for $434 million. Still, the company beat Wall Street’s expectations on the top and bottom lines. Here’s how the athletic apparel company did in its first fiscal quarter compared with what … Read more
TOKYO (AP) — Shares skidded Thursday in Europe and Asia but to a more moderate degree than the gyrations that shook global markets earlier this week. France’s CAC 40 gave up 1.2% to 7,176.23, while Germany’s DAX lost 0.8% to 17,475.03. Britain’s FTSE 100 shed 1.1% to 8,078.72. The futures for the S&P 500 and … Read more
Popular actor Shanto Khan and his father, Selim Khan, were reportedly lynched by a mob in Chandpur on Monday night. The incident reportedly occurred amid rising tensions following Prime Minister Sheikh Hasina’s resignation. Selim Khan, a well-known owner of a Bangladeshi production house, was a loyalist of Sheikh Hasina. Reports indicate that he faced violence … Read more
Bill Gross made his name in the tech world in the 1990s, when he came up with a novel way for search engines to make money on advertising. Under his pricing scheme, advertisers would pay when people clicked on their ads. Now, the “pay-per-click” guy has founded a startup called ProRata, which has an audacious, … Read more
The Qantas board has decided to cut Alan Joyce’s final pay packet by $9.26m after his tumultuous final year in charge of the carrier that included a string of legal scandals before his early exit. Calls to hold the former chief executive accountable for the damage to the Qantas brand had been mounting since last … Read more
Mark Mobius, Mobius Emerging Opportunities Fund, says at the end of the day, it is not foreign investors who drive the Indian market, it is domestic investors. RBI recently said that they want the banks to attract more deposits and probably one of the reasons for this is that there are too many retail investors … Read more
Deliveroo has reported its first half-year profit, as the UK food delivery company hailed early signs of a rebound in consumer spending amid a further push into grocery and retail deliveries. The company swung to a profit of £1m in the first six months of the year, its first since the business was launched in … Read more
Life Insurance Corporation of India (LIC) will be announcing its June quarter earnings today and the country’s largest life insurer is expected to report an year-on-year jump in its annual premium equivalent (APE) by 9-33% according to estimates by a couple of brokerages. Value of its new business (VNB) is expected to go up by … Read more
