NEW YORK (AP) — Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure. Holiday sales from the beginning of November through Christmas Eve climbed 3.1%, a slower pace than the 7.6% increase … Read more
The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case. The DB Realty stock has risen 40%, while Unitech gained 4%. However, some of the intrinsic problems which plague these companies, and uncertainty over the outcome of the 2G scam case may prevent … Read more
Even in an age of astronomical executive pay, few bosses would be indifferent to the idea of gaining another €100m. And even fewer billionaires might regularly be seen lugging their own cardboard props into the cramped lift of a London hotel before a press conference. But Ryanair’s Michael O’Leary, who is in line for a … Read more
MUMBAI: Alfa Laval (India), a subsidiary of Sweden-based Alfa Laval Corporate AB, today said its parent firm has raised the delisting offer price to Rs 2,850 a share. In a filing with the BSE, Alfa Laval India said its parent company increased the delisting offer price after “considering the prevailing market conditions and with a … Read more
Europe’s largest parking app operator has reported itself to information regulators in the EU and UK after hackers stole customer data. EasyPark Group, the owner of brands including RingGo and ParkMobile, said customer names, phone numbers, addresses, email addresses and parts of credit card numbers had been taken but said parking data had not been … Read more
New Delhi: The Indian economy is likely to grow 6.7% in FY24, according to a median forecast of 11 economists, staying resilient despite external headwinds as domestic demand and improving investments provide support. Prospects have improved from a month ago, when an ET poll pegged the current fiscal year’s expansion at 6.3%. However, the median … Read more
Patients with food allergies and health conditions affecting the digestive system are increasingly unable to afford supermarket “free-from” products, leaving them with painful symptoms or permanent damage, experts warn. About 2.3 million people in the UK have either a food allergy or intolerance, or coeliac disease, an autoimmune disorder that leaves people unable to eat … Read more
If 2023 was good for equity investors, it was great for crypto investors. The prices of some crypto coins soared by up to 16,000%, giving amazing returns to investors. Even bluechip crypto like Bitcoin and Ethereum surged 160% and 90%, respectively. Bitcoin prices zoomed to touch $44,000 in early December, after Blackrock, the world’s preeminent … Read more
I agree with almost everything in Charlotte Higgins’ important article (I love the British Museum, but what I’ve learned about the depth of its crisis fills me with dread, 21 December). I too love the museum. Bad management in hard times has fuelled a lack of confidence. It fails to confront difficult issues with openness … Read more
The shares of Muthoot Microfin were listed at a discount of 5% on the exchanges on Tuesday. The shares fell further 4% post the debut and are currently down nearly 9% over the IPO price. The dull listing can be attributed to the absence of uniqueness in the company’s business model. Analysts said a series … Read more
