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Business

Uber Accelerates Share Repurchase with a $1.5 Billion Program to Enhance Value

Uber announces a $1.5 billion accelerated share repurchase program to address stock undervaluation, aiming to retire over 1% of its market capitalization with Bank of America's ass...

Business

December Sees a Surge in Home-Cooked Meal Costs Due to Rising Prices of Essential Staples

In December, the cost of home-cooked meals rose due to higher prices of essential staples like tomatoes and potatoes. Non-vegetarian thalis saw a significant price increase, primar...

Business

Titan Co Reports Stellar 24% Q3 Growth, Fueled by Festive Season Demand

Titan Company Ltd reports a 24% annual growth in Q3, driven by strong festive demand, especially in the jewellery sector. The company's domestic jewellery segment saw a 25% YoY inc...

Business

Italy Rejects $1.6 Billion Satellite Internet Deal with Elon Musk's Starlink

Italy's Prime Minister's Office has denied reports of a $1.6 billion deal with SpaceX's Starlink for satellite internet services, contradicting earlier claims of an advanced agreem...

Business

UK Car Sales Surge in 2024, Yet Electric Vehicle Goals Remain Unmet

In 2024, UK new car registrations increased by 2.6%, reaching 1.95 million units. However, electric vehicle sales did not meet the government's 22% target, achieving only 19.6% mar...

Business

Unveiling the Causes Behind Today's Stock Market Crash: FII Selloff to HMPV Fears

The Indian stock market faced a significant downturn due to FII selloff, HMPV concerns, and cautiousness towards Q3 earnings. The BSE Sensex and Nifty50 indices saw a sharp decline...

Business

India's Booming IPO Market: A New Benchmark for Entrepreneurial Success

India's IPO market is setting new benchmarks for entrepreneurial success, with a record number of startups going public. Accel's latest fund aims to support innovative companies in...

Business

Italy's Service Sector Shows Signs of Recovery in December, But Challenges Remain

Italy's service sector saw a slight recovery in December 2024, with the HCOB Italy Services PMI rising to 50.7. However, challenges such as fragile demand conditions and reduced ex...