(NewsNation) — Planning on returning a disappointing Christmas gift? Sending it back could now cost you. A growing number of retailers are now charging fees for mail-in returns as free returns squeeze retailers’ bottom lines. 81% of merchants are charging a fee for at least some methods of returns, according to Happy Returns, a logistics … Read more
MUMBAI: Lovable Lingerie is the third-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat the performance of Page Industries, sellers of Jockey innerwear. It gained a third in about a week. But the small float and low delivery volumes is an alert against wagering on … Read more
Next year marks the 110th anniversary of a global financial crisis that shaped the world. The crash of 1914 was the biggest systemic crisis that the City, the centre of imperial rent extraction, had faced. It was also, at the time, a largely unremarked upon event. The unprecedented closure of the London Stock Exchange did … Read more
Shares of cigarette companies have rallied over the past one month, with the three leading cigarette makers ITC, Godfrey Philips and VST Industries hitting record highs. All the three stocks have posted robust returns in the past one year, significantly outperforming the benchmark Sensex, helped by favourable taxation and increase in cost of competing tobacco … Read more
The New York Times has sued OpenAI and Microsoft over the use of its content to train generative artificial intelligence and large-language model systems, a move that could see the company receive billions of dollars in damages. The copyright infringement lawsuit, filed in a Manhattan federal court on Wednesday, claims that while the companies copied … Read more
NEW DELHI: The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says rating agency Fitch. In a report released today, Fitch Ratings said the credit risk of power traders has become “riskier” due to profitability and liquidity constraints faced by state power utilities. “If these … Read more
Movie posters for “Barbie” and “Oppenheimer” are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023. Hannah Beier | The Washington Post | Getty Images Call 2023 an explosive comeback at the box office. There were blonde bombshells, in “Barbie,” actual bombs, in “Oppenheimer,” and small-budget blockbusters — each of them … Read more
Indian equities are set to end the year with a record winning streak, with the drivers of the rally transcending the nation’s largest companies. Robust economic growth, an infrastructure push and a pause in interest-rate increases have helped propel its equity market to successive highs. Stocks related to real estate, industrials and capital goods are … Read more
Bargain hunters flocked to Britain’s high streets in greater numbers this Boxing Day than last, with crowds of shoppers in central London returning to pre-pandemic levels for the first time. Full-day footfall was up by 4% compared with 26 December 2022 on a national level, according to figures from the retail analysts MRI Software, improving … Read more
Voltas, part of the household appliance industry, rallied more than 10% in a week to hit a fresh 52-week high last week and chart patterns suggest that the rally may not be over yet. Short-term traders can look to buy the stock now for a possible target above 1,000 levels in the short to medium … Read more
