Crisis-hit Paytm in talks with top India officials after $2.5 billion market cap wipeout

Crisis-hit Paytm in talks with top India officials after .5 billion market cap wipeout

A man exercises in a gym near a barcode for Paytm, an Indian cellphone-based digital payment platform, in New Delhi on November 18, 2021. Sajjad Hussain | AFP | Getty Images Financial technology firm Paytm has been in discussions with the upper echelons of the Indian government this week, as it tries to reverse a … Read more

Tech layoffs continue to hit

Tech layoffs continue to hit

FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks … Read more

Somali pirates are back on the attack at a level not seen in years

Somali pirates are back on the attack at a level not seen in years

PUNTLAND, SOMALIA – JANUARY 29: Puntland Maritime Police Forces (PMPF) are patrolling against the recently increasing pirate attacks off the coast in Puntland, Somalia on January 29, 2024. (Photo by Abuukar Mohamed Muhidin/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Somali pirates are back on the attack, with piracy around the Horn of … Read more

No letup in tech layoffs

No letup in tech layoffs

Justin Tallis | AFP via Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks advanceU.S. stocks gained … Read more

Wall Street anxious over Fed concerns

Wall Street anxious over Fed concerns

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on January 31, 2024 in Washington, DC. The Federal Reserve announced today that interest rates will remain unchanged.  Anna Moneymaker | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC … Read more

Paytm shares pop after Jio Financial denies deal talks for wallet business

Paytm shares pop after Jio Financial denies deal talks for wallet business

A restaurant advertises the use of the Paytm digital payment system in Mumbai, India, on Saturday, July 17, 2021. Dhiraj Singh | Bloomberg | Getty Images India’s digital payments app Paytm rose as much as 8% on Tuesday, rebounding from a heavy selloff that wiped off about $2.5 billion in market value in the last … Read more

Wall Street rattled over Fed worries

Wall Street rattled over Fed worries

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

A scorching start for U.S. jobs growth

A scorching start for U.S. jobs growth

A “Now Hiring” sign at Jamba Juice in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

U.S. jobs growth kicked off with a bang

U.S. jobs growth kicked off with a bang

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

India’s finance minister touts unlikely export growth

India’s finance minister touts unlikely export growth

Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India.  Hindustan Times | Hindustan Times | Getty Images India’s Finance Minister Nirmala Sitharaman said Friday the country’s exports remained strong despite slowing global demand, explaining that these economic issues will be a key focus ahead of … Read more