Mumbai: Brokerage Jefferies’ global strategist Chris Wood said he continues to believe that India is the best equity story in the world on a ten-year view. In his GREED & Fear newsletter, Wood said the Indian market-especially mid-caps-looks expensive but these valuations must be seen in the context of acceleration in growth led by a … Read more
Reddit didn’t immediately respond to a request for comment for this story. Unwanted Offer Reddit’s investment offer to users is known as the Directed Share Program. “Because you have helped make Reddit what it is today, you now have the opportunity to become Reddit owners at the same price as institutional investors,” the company wrote … Read more
Britain’s data watchdog has ordered a Serco subsidary to stop using facial recognition technology and fingerprint scanning to monitor the attendance of staff at the leisure centres it operates. The Information Commissioner’s Office (ICO) found that the biometric data of more than 2,000 employees had been unlawfully processed at 38 centres managed by Serco Leisure … Read more
Nvidia hit a stock market valuation of $2tn on Friday as the US chipmaker capitalizes on the artificial intelligence boom. An extraordinary surge of the company’s shares had already propelled it past Amazon and Alphabet, owner of Google and YouTube, to become the third largest in America. But another blockbuster earnings report – in which … Read more
The former Post Office boss Paula Vennells has forfeited her CBE for “bringing the honours system into disrepute” over her handling of the Horizon crisis. Vennells was named on Friday in a list published on the Cabinet Office website as an individual whose honour had been revoked by King Charles. Issuing an apology last month, … Read more
âWe have had the wettest October, November and December since we started keeping records 27 years ago,â says Andrew Ward, a Lincolnshire-based arable farmer. He flicks through videos on his phone of nearby fields that have been devastated by the heavy rain this winter, including one that shows him in front of what looks like … Read more
United Airlines planes at Denver International Airport. Leslie Josephs | CNBC United Airlines is raising the price to check bags, becoming the latest carrier this year to hike a fee that generated more than $5 billion for airlines in the first nine months of 2023 alone. United economy passengers who book domestic tickets starting Feb. … Read more
The “Bobs” from the film Office Space Source: 20th Century Fox | YouTube Listening to Warner Bros. Discovery Chief Executive Officer David Zaslav speak on Friday’s fourth-quarter earnings calls, I couldn’t help but think of a scene in the movie “Office Space.” An employee named Tom meets with two consultants, both named Bob (together, The … Read more
(NewsNation) — The parent company for the popular Stanley tumbler cups is being sued by customers who say the brand failed to disclose the presence of lead in its products. Two separate lawsuits were filed last week in the U.S. District Court for the Western District of Washington against California-based PMI Worldwide,The Seattle Times reports. … Read more
Blood sample of patient positive tested for sickle cell. Kitsawet Saethao | Istock | Getty Images The approval of two gene therapies to treat sickle cell disease has given hope to patients who suffer from the debilitating disease, which overwhelmingly affects Black people and people of color. Health officials now face a challenge in finding … Read more
