U.S., Western Allies ‘Concerned’ Over Hong Kong Arrests The U.S. Secretary of State and foreign ministers of the U.K., Canada and Australia expressed their “serious concern” about the arrest of 55 politicians and activists in Hong Kong, the governments said in a joint statement. Hong Kong’s National Security Law, under which the arrests were made, […]
German Police Shut Down Darknet Marketplace That Traded Bitcoin German police took down what they believe was the world’s largest illegal “Darknet” marketplace, shuttering a platform that about half a million people used to trade drugs and crypto currencies including Bitcoin. Police arrested a 34-year-old Australian national near the Danish border who was alleged to […]
Wipro Q3 net profit up 20.8% to ₹2,968 crore The net profit attributable to shareholders in the year-ago period was at ₹2,455.9 crore IT services major Wipro on Wednesday posted an about 21% increase in consolidated net profit at ₹2,968 crore for the December 2020 quarter. The net profit attributable to shareholders in the year-ago […]
U.S. Consumer Sentiment Dips More Than Expected In January Preliminary data released by the University of Michigan on Friday showed a modest deterioration in U.S. consumer sentiment in the month of January. The report said the consumer sentiment index dipped to 79.2 in January after jumping to 80.7 in December. Economists had expected the index […]
More prospective new businesses were formed in 2020 than ever before Bloomberg reports that the number of prospective businesses filing formation paperwork was almost a quarter higher in 2020 than 2019, citing a Census Bureau analysis of federal tax documents. While paperwork initially dropped after lockdowns began in March, it began to pick up in June. […]
Biden Asks Americans to ‘Mask Up’ for 100 Days, Criticizing GOP President-elect Joe Biden called on all Americans to wear masks in public for 100 days to combat the spread of the coronavirus, saying it was “stupid” that face coverings had become a political issue. “This is a patriotic act,” Biden said in a speech […]
Hilton Food Group FY Performance Ahead Of Board’s Expectations – Quick Facts Hilton Food Group PLC (HFG.L) issued a trading update for the 53 weeks ended 3rd January 2021. The Group stated that it has performed ahead of the Board’s expectations, with a continuation of the strong year-on-year sales and volume growth. Hilton Food noted […]
Sensex, Nifty soar to record highs amid global rally Among Sensex stocks, Maruti rose the most by 2.75 %. Benchmark BSE Sensex rose by 393 points on Wednesday following gains in IT, energy and auto stocks amid strong global cues on hopes of fresh stimulus measures by the incoming U.S. administration. The 30-share Sensex advanced […]
Ashland To Buy Personal Care Business Of Schülke & Mayr GmbH – Quick Facts Ashland Global Holdings Inc. (ASH) announced Tuesday that Ashland has signed a definitive agreement to acquire the personal care business from Schülke & Mayr GmbH, a portfolio company of the global investment organization EQT, for 262.5 million euros n an all-cash […]
IPO Lockup Expiration Alert: GoHealth Inc.(GOCO) The lockup period of GoHealth Inc.(GOCO) ends on January 11. GoHealth is a Chicago, Illinois-based company with a mission to improve access to medicare and health insurance plans for consumers. In the third quarter ended September 30, 2020, i.e., the company’s second quarter reported as a public company, net […]