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Chinese bitcoin dealers still hold “enormous sway” despite Beijing’s four-year crackdown.

On Friday, Chinese Deputy Prime Minister Liu He said it was important "to take action against Bitcoin mining and trading behavior" in order to ...

AMC Entertainment is up by 6%.

AMC Entertainment Holdings (NYSE: AMC) shares rose 6% in the afternoon of Tuesday's trading after Citi analyst Jason Bazinet raised his target ...

Devices will become 10-15% more expensive due to higher raw material prices

With raw material prices rising, the Indian equipment industry is likely to expect an increase of 10 to 15%. These price increases could come ...

WhatsApp takes Indian government to court, says new IT rules will end privacy

FacebookWhatsApp has filed a lawsuit against the Government of India in the Delhi High Court to block the new IT rules that go into effect today. ...

Indian foodgrain production to rise 2.66% in 2020-21 to record 305.43 MT: Govt

India's food grain production is estimated to increase by 2.66 percent in the current crop year 2020-21 to a new record of 305.43 million tons. ...

FarEye raises Rs 728 crore in financing round led by TCV, Dragoneer Investment

The logistics software-as-a-service (SaaS) platform FarEye announced on Tuesday that it is in a Series E round led by US-American. Raised $ 100 ...

China overtakes Germany as UK’s largest import market

According to the Bureau of National Statistics, goods imported from China rose 66% to £ 16.9 billion (US $ 24 billion) in the first quarter of ...

US business groups join forces to oppose tax hike proposals

More than two dozen groups representing US corporations and employers unveiled a new coalition on Tuesday to fight virtually every Democratic ...

Nordstrom stock falls after disappointing earnings and outlook for 2021

Nordstrom reported better-than-expected first-quarter sales on Tuesday as shoppers returned to stores to purchase new shoes, sunglasses and ...

Sensex up 380 points; Nifty recaptures 15,300

The stock benchmark Sensex rose 380 points on Wednesday, led by gains in index majors Infosys, HDFC and TCS amid a largely positive trend in ...

Dell gives $230 discount on one of the best gaming monitors

Dell's summer sale event is officially underway. If you are looking for a 1440p panel that will support your new gaming habits, the Dell 27 ...

Google launches its third major operating system, Fuchsia

Google is officially making a new operating system called Fuchsia available to consumers. The release is hard to believe at the moment, but ...

US top target for foreign and domestic influence operations, says new Facebook report

The United States topped a list of countries most commonly affected by misleading foreign-controlled operations Facebook Between 2017 and 2020, ...

Royal Enfield closes factories in India for three days

Royal Enfield, owned by Eicher Motors Ltd, will close its three southern Indian manufacturing facilities for three days to keep safety amid ...

Instagram adds new engagement insights for Reels and Instagram Live broadcasts

As explained by Instagram: “Today, based on feedback from developers and companies, we're giving insights for Reels and Live. We've been ...

Zydus Cadila and TLC from Taiwan make pact to market anti-black fungus drug in India

Zydus Cadila and Taiwan-based pharmaceutical company TLC signed a pact on Wednesday to commercialize liposomal amphotericin B, a key drug used in ...

Lamborghini says its Super Trofeo Evo 2 is a harbinger of things to come

With a one-brand range, we don't usually look to the future of styling for a brand's upcoming models, but Lamborghini is in many ways not your ...

Bitcoin recovers $40,000 while cryptovolatility persists

Bitcoin surged back above $ 40,000 for the first time this week on Wednesday, while recent volatility in the cryptocurrency market showed little ...

In US creative industry, big tech companies fight for online talent

Katie Feeney, an 18-year-old from Olney, Maryland, was in her math class at Zoom in November when she learned that a week of posting skits and ...

Remuneration package CEO Infosys increases by over Rs 15 crore to Rs 49.68 crore in 2020-21

Salil Parekh, CEO of Infosys, saw his annual compensation package increase to Rs 49.68 billion between 2020 and 21, with more than half of the ...

US dollar stuck at multi-month low as Fed dovishly tumbles; euro rises

The dollar remained stuck against key industry peers at its weakest point since early January on Wednesday as government bond yields fell after ...

WhatsApp-Centre row: Pai criticises ‘double standards’ of major social media platforms

The Indian government and the country's laws must define and protect the privacy of citizens, information technology veteran TV Mohandas Pai said ...

PayPal supports CSA Academy for assistance to Covid

Fintech giant PayPal on Wednesday said it will help CSC (Common Services Centers) Academy set up PSA oxygen plants in four states, and support ...

Oil rises as optimism about demand offsets fears of excess supply

Oil rose on Wednesday after concerns about spike in shipments from Iran were offset by optimism about improving US fuel demand, backed by a ...

Apple tax is rotten, a costly burden for users

Tim Cook, Apple's top executive, is the personification of imperturbability. When faced with tough questions from investors, journalists, or ...

Gold rises by Rs 527; silver by Rs 1,043

Gold rose Rs 527 to Rs 48,589 per 10 grams in the state capital on Wednesday, due to price increases in the world, according to HDFC Securities. ...

GOP senators make Biden counter-offer of $1T for infrastructure

Senate Republicans resurrected negotiations on President Joe Biden's massive investment plan by preparing a $ 1 trillion infrastructure proposal ...

GM says it will support the union in new battery plants

General Motors now says it will support attempts by the United Auto Workers union to organize workers at two U.S. electric car battery plants it ...

Consumer confidence drops in May, but remains strong

Consumer confidence fell slightly in May but remains almost as high as it has been since the start of the pandemic. The Conference Board ...

Tiger Global invests $30 mln in microblogging site Koo

Investors support the Indian Koo alternative to Twitter, with major controls at a time when tensions are building between the American social ...

No financial details lost in leak, says Dominos about incident in March

Pizza chain Dominos announced that its parent company, Jubilant Foodworks, witnessed an information security incident in March that clarified the ...

Lux Industries up by 11% and hits new high thanks to solid March quarterly results

Lux Industries shares rose 11 percent intraday on Wednesday to a new high of Rs 2,571.20 on the BSE after the company more than doubled net ...

Titan Company gains 6% in two days; stock nears record high

Titan Company shares trade higher for the second day in a row, rising 3 percent in intraday trading on Wednesday to 1,614 rupees on the BSE. The ...

Sebi will appoint auditors to carry out forensic audits of listed companies

Market regulator Sebi wants to appoint auditors to carry out forensic audits of financial statements of listed companies as part of the efforts ...

India is first choice among Asian emerging markets for Morgan Stanley

US broker Morgan Stanley said on Tuesday that India was the No. 1 market in the Asia Emerging Market (EM) package. The earnings momentum is ...

Credit Suisse lowers metals stocks from overweight to underweight

In its latest Indian market strategy, Credit Suisse reduced metal stocks from overweight (OW) to underweight (UW). “We are posting gains on ...

Worldwide TV market share of Samsung Electronics, LG Electronics exceeds 50%

In the first quarter of this year, Korean companies took over half of the global TV market and made their mark. LG Electronics is the leader in ...

In a sweltering US market, demand and prices for homes rise

The US housing market is so overheated that demand has exceeded supply that prices continue to hit record highs - and roughly half of all US ...

Markets are so fixated on inflation that they could miss the next big blow, says BlackRock

While investors are preoccupied with rising prices, a flare-up in US-China tension could surprise investors, BlackRock warned. The BlackRock ...

UK may block listings for national security reasons

The UK will announce stricter rules for companies going public on the London Stock Exchange, which will allow companies to be banned from listing ...

Biden eager to replace Quarles; Clarida has not spoken about the Fed’s future

Randal Quarles, vice chairman of the US Federal Reserve, and Richard Clarida were reminded Tuesday that their term may soon be over. Quarles' ...

Cramer’s lightning round: Alibaba and Virtu are purchases

“Tough inventory because all solar stocks are falling. The price continued to decline. Eventually prices went up and that makes them less ...

Iran holds 69 million barrels of oil ready for when US sanctions end

Iran may have 69 million barrels of oil in floating storage waiting for tankers to go to buyers if US sanctions on its crude oil exports are ...

France puzzles over mysterious anti-Pfizer campaign bid

They say an agency claiming to be based in the UK contacted them via email and offered a "partnership". Léo Grasset, who has 1.17 million ...

Corn futures fall 6% on greater supply in recent speculative commodity market unravelling

Corn futures fell Tuesday as ample supply considerations thwarted America's largest cash crop. It is the recent buying and selling volatility in ...

Elon Musk changes his mind about bitcoin mining

The Tesla (TSLA) and SpaceX CEO tweeted late Monday that he had spoken to bitcoin miners in North America and they "committed to public current ...

Elon Musk says he spoke to ‘North American Bitcoin miners’, causing bitcoin price to skyrocket

Bitcoin price rose about 4% Monday afternoon after Tesla CEO Elon Musk tweeted that he had had vigorous discussions about the sustainability of ...

Equities surge as technology stocks outperform

The S&P 500 was up about 1% after the end of last week. The Dow and Nasdaq ended higher. Technology Equities outperformed as government bond ...

Cryptocurrency exchange operator Coinbase could soar 36%

While the cryptocurrency market has cooled somewhat in recent days, Coinbase Global (NASDAQ: COIN) stock remains a very compelling buy. This is ...

US Deputy Treasury Secretary sees G7 support for global minimum tax of 15%

U.S. Assistant Secretary of the Treasury Wally Adeyemo said he expected strong support from G7 industrial democracies for the Biden ...

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