Popular Business News this Week

Global brokerages are optimistic about HDFC Bank, following its Q3 results. HDFC Bank reported a 2.2% year-on-year growth in its net profit for the December quarter. Several firms have issued buy... ratings with price targets indicating potential upsides, including Macquarie (38%), Morgan Stanley (18%), IIFL (14%), BofA (21%), and Nuvama (17%).

Wall Street banks, including Morgan Stanley, are preparing to sell up to $3 billion of debt holdings in the social media platform X, formerly known as Twitter. These banks had financed Elon Musk's $44... billion buyout of X in 2022. Musk's changes to the platform have impacted its value, and banks hope to recover 90-95 cents on the dollar.

The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from "the get-go," says an ETF analyst.

Brian Niccol became Starbucks' CEO in September. By the end of 2024, he'd earned nearly $100 million running the coffee giant, new filings say.

Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an "evolving external landscape."

The semiconductor company predicts a return to growth after more than two years of revenue declines, but the industrial and automotive markets have yet to bottom.

Oil futures were lower in early Asian trading after President Trump said he wants crude prices to be lower, ANZ research analysts said.

Phones with TikTok are being listed for eye-watering sums as the social media platform remains absent from app stores.

The company's former chief executive Brian Thompson was shot and killed in December.

Japanese stocks were higher in early trade, led by gains in videogame and pharmaceutical stocks, after the S&P 500 hit a record high overnight.

The pay package included a base salary of $1.5 million and $37.5 million in incentives.

Donald Trump said he isn't bothered by Elon Musk's criticism of his Stargate AI infrastructure deal, which includes Musk rival Sam Altman.

David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France’s elite police tactical unit Groupe d’intervention de la Gendarmerie nationale... (GIGN). David Balland Rescued After Two-Day Manhunt Ledger co-founder David Balland was rescued late Wednesday evening after being kidnapped on Tuesday in the small French town of Vierzon by […]

The lawsuit alleges LinkedIn tried to conceal its actions but the firm says the claims are false.

The Ethereum blockchain's earnings from fees saw a 3% year-on-year rise from 2023 to 2024 despite the Dencun upgrade early last year, which reduced network fees.

BRICS nations are boosting trade in national currencies, a move Iran emphasizes as vital for reducing dollar dependence and countering the economic impact of sanctions. Breaking Free From the Dollar:... Iran Pushes BRICS Toward Financial Sovereignty Countries worldwide are increasingly reducing their reliance on the U.S. dollar in international trade, signaling a significant shift in […]

President Trump's appointment of Acting SEC Chair signals a pro-crypto shift, with promises of clearer regulations to foster innovation and economic growth. Acting SEC Chair Pushes for Clearer Crypto... Regulation, Replacing Gensler’s Tough Stance President Donald Trump has appointed Mark T. Uyeda as Acting Chairman of the U.S. Securities and Exchange Commission (SEC), the agency […]

The new president accused China of sending fentanyl to Mexico and Canada which ends up in the US.

US President Donald Trump has followed through on his promise to pardon Ross Ulbricht, the founder of the online drug market Silk Road, who was imprisoned for over a decade.

"I met with the owners of Tiktok, the big owners, it's worthless if it doesn't get a permit," Trump said. "It's worth like a trillion dollars."

While TikTok is operating for existing U.S. users thanks to an executive order signed Monday night by President Donald Trump, analysts are warning that his order doesn't look all that solid.

The position announcements were in the firm's global banking & markets division.

President Trump signed an executive order to salvage TikTok and give its parent company 90 days more to sell off the popular platform.

Next to a geothermal plant in Iceland a start-up is growing microalgae for food.

Ramaswamy's departure ahead of an expected gubernatorial bid in Ohio means Elon Musk will be the sole leader of DOGE.