Vodafone's Bold Move: Selling Entire Italy Operations to Swisscom
Vodafone Group Plc has signed a binding agreement to sell 100% of its Italy operations to Swisscom AG for €8 billion. The transaction is subject to regulatory approvals and include...
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China's Car Sales Surge in November: NEVs Lead the Way
China's passenger vehicle sales surged in November, with NEVs accounting for over half of all sales. Despite a drop in Tesla's sales and exports, the overall market showed signific...
Lululemon's Impressive Earnings Report Sends Stock Soaring by 18%
Lululemon Athletica Inc. saw its stock price jump following the release of strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.39 bi...
HDFC Bank Increases MCLR Rates: What You Need to Know
HDFC Bank has increased its MCLR for short-term periods by up to 5 basis points. The overnight MCLR has risen from 9.15% to 9.20%, effective from December 7, 2024. Other tenures re...
Equinor Exits Nigeria and Azerbaijan with $2 Billion Asset Sale
Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for a combined total of up to $2 billion, marking the end of its operations in these two countries after near...
Singapore's Labour Market Sees a Surge in Resident Employment in Q3 2024
After a previous drop, resident employment in Singapore rose again in the third quarter of 2024, as the country's labour market continued to expand, according to the Ministry of Ma...
Will RBI's CRR Cut Lead to Lower Bank Fixed Deposit Rates?
The recent reduction in the Cash Reserve Ratio (CRR) by the Reserve Bank of India (RBI) has raised questions about whether bank fixed deposit rates will decrease. Banking officials...
Paytm Shares Surge to 52-Week High Following Stake Sale in PayPay Corporation
Shares of One97 Communication, operating under the Paytm brand, surged over 3% to reach a 52-week high of Rs 1,007 on both BSE and NSE following the company's decision to divest it...
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