We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thanks to soaring wholesale energy prices, Shell said it plans […]

The Reserve Bank of India (RBI) has relaxed card-on-file data storage norms pertaining to guest transactions checkout, whereby now, apart from the card issuer and the card network, the merchant or its payment aggregator involved in the settlement of the transactions can save the data for a maximum of T+4 […]

The Carens is a warning for cars such as the Tata Safari, Hyundai Alcazar, Maruti Ertiga, Toyota Innova Crista and Mahindra XUV 700, because Kia punches much harder than others in its weight category. Kia is a rare example of a newbie auto company that has swiftly ramped up volumes […]

Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down.‘I wouldn’t interfere with your selection process, Maira,’ he said. ‘However, I am calling you because this lady says that her rejection […]

In June, California announced it would be sending $1,050 checks to approximately 23 million residents to combat the devastating effects inflation has had on state residents. Since then, a number of other states have followed suit with some form of check or tax rebate. Should even more states follow suit […]

Imax saw revenue surge to $74 million in the June quarter from $51 million the year before as ticket sales jumped. The stock rebounded too, up nearly 3% in after-market trading on the news. Profit was squeezed by a $3.2 million impairment of a film investment, the company said, due […]

EXCLUSIVE: Faraway Road Productions, the production label founded by Fauda creators Lior Raz and Avi Issacharoff and which was acquired this year by Kevin Mayer and Tom Staggs’ Candle Media, has hired Salome Peillon and Adi Ezroni, as Chief Operating Officer and EVP of Content, respectively.   With offices in Tel Aviv and […]

A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly contracted at a faster rate in the month of July. The Philly Fed said its current general activity index slumped to a negative 12.3 in July from a negative 3.3 in June, with […]

Electronics retailer Best Buy has already been on the ropes because of recent earnings disappointments and deep concerns about future quarters. It turns out that concerns were well founded. Best Buy announced it would get badly beaten, primarily because of inflation. A recession will not help.  The worst of its […]

Investors are pushing back more often against companies’ resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm […]