Nifty on Friday ended 172 points lower to form a Doji candle on the weekly chart, which indicates indecisiveness prevailing in the marketplace at the current juncture. Technically, the index closed below the level of 22,500, which has been acting as a minor support for the last couple of days. While this is a negative … Read more
There was nothing funny about the way Jeff Lawson left Twilio, the startup he cofounded in 2008 and built into a multibillion-dollar public company enabling businesses to communicate with customers via text messages and phone calls. Activist investors had been pushing for management changes and even a sell-off, and Lawson resigned from his CEO post … Read more
Bank holiday getaway traffic jams will signal the start of a bumpy 10 days on Britain’s roads and railways, as a rainy early May is peppered with engineering works and train drivers’ strikes. Motoring organisations were expecting late Friday afternoon to bring the longest delays on roads, particularly those heading to the south-west from London. … Read more
A male Sumatran orangutan named Rakus sustained a facial wound below the right eye, apparently during a fight with another male orangutan at the Suaq Balimbing research site, a protected rainforest area in Indonesia. What Rakus did three days later really caught the attention of scientists. Researchers on Thursday described observing how Rakus appeared to … Read more
The mining company Glencore is considering making a takeover offer for Anglo American that could trigger a multibillion-pound bidding war for the company, according to reports. It sparked a 3% jump in Anglo American’s share price on Friday, making it the top riser on the FTSE 100 and helping to drive the index to an … Read more
At a recent TV discussion where Dalal Street veteran Nilesh Shah was asked to share some stock ideas, he had no qualms about admitting that he has actually been on the receiving end of advice given by his cousins and that everyone in the audience has made far more money than what his fund managers … Read more
The UK government’s climate action plan is unlawful, the high court has ruled, as there is not enough evidence that there are sufficient policies in place to reduce greenhouse gas emissions. The energy secretary, Claire Coutinho, will now be expected to draw up a revised plan within 12 months. This must ensure that the UK … Read more
HONOLULU (AP) — Had emergency responders known about widespread cellphone outages during the height of last summer’s deadly Maui wildfires, they would have used other methods to warn about the disaster, county officials said in a lawsuit. Alerts the county sent to cellphones warning people to immediately evacuate were never received, unbeknownst to the county, … Read more
Vir Advani, CMD, Blue Star, says “room air conditioners had a fantastic Q4. April, of course, has been very strong for the industry as well as for us, as has our commercial refrigeration products, deep freezers, water coolers, etc. I think that the outlook for the summer is, of course, strong. In May and June, … Read more
A water company that tried to keep secret details of hundreds of thousands of tonnes of raw sewage discharges into the sea has been ordered by an appeal tribunal to release the data in the public interest. Northumbrian Water has repeatedly refused to release details about the scale of raw sewage discharges into the North … Read more
