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Investing

Investing

Paramount Skydance to cut around 2,000 Jobs amid cost-cutting push: report

Paramount Skydance employees are set to face a substantial wave of layoffs under the leadership of David Ellison, Variety has reported. The…
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Investing

Kering in talks to sell beauty business to L’Oréal for $4B: report

Kering SA, the French luxury conglomerate and parent company of Gucci, is in advanced discussions to sell its beauty division to L’Oréal…
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Investing

Weekly wrap: US shutdown drags on, Trump touts cease-fire success

This week brought a mix of political stalemate, global diplomacy, and market unease as Washington remained mired in a prolonged government shutdown,…
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Investing

Why Hims & Hers stock is failing to retain menopause gains and what comes next?

Hims & Hers Health Inc (NYSE: HIMS) started this week on a positive note after announcing its expansion into menopause-related treatments –…
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Investing

Why Oracle stock tanked over 6% on Friday

Oracle stock (NYSE: ORCL) tumbled 6.5% on Friday, wiping billions from the market value of the enterprise software giant as investors parsed…
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Investing

Philip Jansen of WPP poised to become Heathrow’s next chairman: report

Heathrow Airport is preparing for a major leadership transition as former BT Group chief executive Philip Jansen emerges as the frontrunner to…
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Investing

HDFC Bank’s Q2 profit beats estimates as loan growth strengthens

HDFC Bank Ltd., India’s largest private sector lender, reported a stronger-than-expected profit for the September quarter, supported by steady loan growth and…
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Investing

ICICI Bank reports strong Q2 profit, driven by retail loan growth

ICICI Bank Ltd., India’s second-largest private sector lender, posted a stronger-than-expected profit for the September quarter, buoyed by robust loan growth and…
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Investing

Laos to end electricity supply to crypto miners by 2026 to power industrial growth

Laos is preparing to disconnect cryptocurrency miners from its national grid by the first quarter of 2026, as per a Reuters report….
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Investing

What did Zions Bancorp & Western Alliance do, and why is Wall Street so volatile?

Zions Bancorp announced a $50 million charge-off on two troubled loans at its California Bank & Trust unit, while Western Alliance Bancorp…
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