Latest in Profits at Indian banks dented as RBI curbs retail loans
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Indian jewellers build on diaspora to break into western markets
Cities such as London and New York have become springboards to reach buyers looking for cultural authenticityFinancial Times - 4h -
Spain Seeks to Curb Short-Term Rentals Amid Growing Housing Crisis
The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent tax aimed at foreign real estate investors.The New York Times - 22h -
Profits at Indian banks dented as RBI curbs retail loans
Bad loan provisions also grow after millions of households loaded up on debt during ‘exuberant’ periodFinancial Times - 7h -
Retail crime 'queenpin' to pay millions in restitution to retailers for theft ring
The California mom who pleaded guilty to running an organized retail crime ring that stole millions of dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to ...NBC News - 1d -
Retail crime 'queenpin' to pay millions in restitution to Ulta, other retailers for theft ring
Michelle Mack was accused of running a sprawling retail crime ring that targeted Ulta and Sephora stores across the country and will spend five years in prison.CNBC - 1d -
Apple is accused of profiting from 'blood minerals'
The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.Financial Times - 3d -
Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...The Hill - 4d -
Ollie Watkins completes comeback as Aston Villa dent Arsenal’s title bid
Mikel Arteta looked like he had seen a ghost. With his side leading 2-0 against Aston Villa thanks to goals from Gabriel Martinelli and Kai Havertz, the Arsenal manager must have felt they were ...The Guardian - 5d -
‘An absolute belter’: Grace Dent tests the best extra-chocolatey biscuits
The host of our Comfort Eating podcast tastes and rates thick chocolate biscuits from UK supermarkets. • Who makes the best crunchy peanut butter? . I am a complete sucker for a chocolate ...The Guardian - 5d -
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giantsFinancial Times - 6d -
British retail sales unexpectedly drop in December
Pound falls and gilts rally as investors bet on more interest rate cutsFinancial Times - 6d -
FDA Wants to Curb Nicotine in Cigarettes, But Plan’s Fate Rests With Trump
Officials proposed limiting the amount of nicotine to make cigarettes less addictive, but it’s unclear if the incoming administration will offer support.Inc. - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Do Indians work too much?
An executive in the country has gone viral for saying workers should be in the office on SundaysFinancial Times - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
EU threatens to curb access for makers of Chinese medical devices
Report finds Beijing is discriminating against bloc’s manufacturers in same fieldFinancial Times - Jan. 14 -
Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports
The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.Inc. - Jan. 13 -
U.S. Targets China With New AI Curbs, Overriding Nvidia's Objections
The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.The Wall Street Journal - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Stormers dent Sale's chances of qualification
Stormers cruise past Sale Sharks to claim a bonus-point victory and kickstart their Investec Champions Cup campaign in round three.BBC News - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Georgia Push to Curb Lawsuits Puts Business Groups and Trial Lawyers at Odds
A political push from Gov. Brian Kemp to reduce the number of civil lawsuits is incurring a major backlash from Georgia’s trial lawyers, who say the number of lawsuits isn’t the reason for rising ...Inc. - Jan. 8 -
Scientists: "Toxic" semen could kill female mosquitoes, curb disease spread
Female mosquitoes are targeted because only they bite and drink blood, thereby spreading diseases such as malaria and dengue fever.CBS News - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
Thailand bans imports of plastic waste to curb toxic pollution
Campaigners welcome move but say success depends on enforcement and global agreement on a treaty. Thailand has banned plastic waste imports over concerns about toxic pollution, as experts warn that ...The Guardian - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - Jan. 6 -
Body of missing Indian journalist found in septic tank
Mukesh Chandrakar's corpse was found with severe injuries consistent with a blunt-force attack, police say.BBC News - Jan. 5 -
Curb extremism now or face new terrorist threats, Labour warned
Experts say measures announced so far are not enough to turn the tide. Labour must reverse years of political failure on extremism to stop it fuelling more disorder, violence and terrorism in ...The Guardian - Jan. 5 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
Wrexham's promotion hopes dented after defeat
Wrexham's promotion hopes took a hit on Wednesday as they dropped to third place in the League One table after succumbing to a 2-1 defeat to Barnsley.ESPN - Jan. 2