Evercore ISI senior managing director Mark Mahaney joins ‘Varney & Co.’ to break down Meta’s A.I.-driven earnings surge and explain why Amazon remains his top tech pick. Billionaire investor and hedge fund manager Bill Ackman is making a big gamble on the future of Mark Zuckerberg and his Meta platforms. Ackman has allegedly committed an […]
The government will sell 3% stake representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL) via an offer for sale (OFS). The PSU has set the floor price at Rs 254 per share. The government has also retained an oversubscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which […]
XRG will increase its overall participation with an additional 7.6% equity interest in Trains 4 and 5; Stake purchased from Global Infrastructure Partners The post Abu Dhabi’s XRG picks up additional stake in Texas’ Rio Grande LNG project appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More. Source […]
Though the bulls are running wild on Wall Street, not every stock has been a winner. Since peaking in February 2021, this online services marketplace has been battered by changing labor force dynamics and concerns about the rise of artificial intelligence. However, this inexpensive company is flush with cash, ideally positioned to take advantage of […]
Capital One Financial Corp. (NYSE:COF) CEO Richard Fairbank issued a stark warning about the potential consequences of President Donald Trump’s proposed 10% cap on credit card interest rates, saying the move could severely restrict consumer access to credit and destabilize the broader economy. During the company’s fourth-quarter earnings call on Thursday, Fairbank argued that “putting […]
The Securities and Exchange Board of India, or SEBI, has accused current and former executives at the local units of Carlyle Group and Advent International, as well as PwC and EY among others, of breaching insider trading rules during a stake sale by Yes Bank Ltd. in 2022. SEBI also accused a former Yes Bank […]
Everstone Capital plans to sell its entire 11.26% stake in Burger King’s India and Indonesia operator Restaurant Brands Asia Ltd., underscoring fast-food churn in the world’s most populous country. Restaurant Brands India operates Burger King outlets in India and Indonesia. (Reuters) A deal is likely to be announced on Tuesday, 20 January 2026, two people […]
Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s largest-ever IPO worth more than $4 billion. Jio Platforms IPO is the most highly anticipated IPO of 2026. (Bloomberg) The company, led by Mukesh Ambani, is the parent of India’s […]