Business News
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H&R Block: Fiscal Q1 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

H&R; Block Inc. (HRB) on Tuesday reported a loss of $151.6 million in its fiscal first quarter. On a per-share basis, the Kansas City, Missouri-based company said it had a ...

Newpark: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Newpark Resources Inc. (NR) on Tuesday reported a loss of $10.5 million in its third quarter. On a per-share basis, the The Woodlands, Texas-based company said it had a loss ...

U.S. Auto Parts: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

U.S. Auto Parts Network Inc. (PRTS) on Tuesday reported a loss of $4.7 million in its third quarter. On a per-share basis, the Torrance, California-based company said it had a ...

Douglas Emmett: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Douglas Emmett Inc. (DEI) on Tuesday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations. The real estate investment trust, based in Santa ...

Republicans advance bill for claiming vaccine exemptions

The Tribune San Luis Obispo | 2021-11-02, 21:33

Alabama lawmakers on Tuesday advanced legislation aimed at protecting employees who choose not to get vaccinated against COVID-19 by setting out an easy process to claim a religious or medical ...

ProPetro: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

ProPetro Holding Corp. (PUMP) on Tuesday reported a loss of $5.1 million in its third quarter. On a per-share basis, the Midland, Texas-based company said it had a loss of ...

Match Group: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Match Group, Inc. (MTCH) on Tuesday reported third-quarter net income of $131.2 million. On a per-share basis, the Dallas-based company said it had net income of 43 cents. Earnings, adjusted ...

Comstock: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Comstock Resources Inc. (CRK) on Tuesday reported a loss of $288.3 million in its third quarter. On a per-share basis, the Frisco, Texas-based company said it had a loss of ...

How major US stock indexes fared Tuesday

The Tribune San Luis Obispo | 2021-11-02, 21:33

Stocks closed higher on Wall Street Tuesday, pushing the Dow Jones Industrial Average to its first close above 36,000 points. The Dow, the broader S&P; 500 and the Nasdaq rose. ...

FMC: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

FMC Corp. (FMC) on Tuesday reported third-quarter net income of $157.9 million. On a per-share basis, the Philadelphia-based company said it had net income of $1.22. Earnings, adjusted for one-time ...

Democratic chair issues subpoenas to oil executives

The Tribune San Luis Obispo | 2021-11-02, 21:33

The chairwoman of the House Oversight Committee issued subpoenas Tuesday to top executives of ExxonMobil, Chevron and other oil giants, charging that the companies have not turned over documents needed ...

Big 5: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Big 5 Sporting Goods Corp. (BGFV) on Tuesday reported third-quarter net income of $24.1 million. On a per-share basis, the El Segundo, California-based company said it had net income of ...

Sterling Construction: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Sterling Construction Co. (STRL) on Tuesday reported profit of $21.1 million in its third quarter. The The Woodlands, Texas-based company said it had profit of 72 cents per share. The ...

Pritzker, top aides headed to UK on climate mission

The Tribune San Luis Obispo | 2021-11-02, 21:33

Gov. J.B. Pritzker and an entourage of top state officials planned to depart for the United Kingdom Tuesday on a weeklong hunt for climate-friendly investment and to tout Illinois' new ...

NMI Holdings: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

NMI Holdings Inc. (NMIH) on Tuesday reported third-quarter profit of $60.2 million. On a per-share basis, the Emeryville, California-based company said it had net income of 69 cents. Earnings, adjusted ...

Super Micro: Fiscal Q1 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Super Micro Computer Inc. (SMCI) on Tuesday reported profit of $25.4 million in its fiscal first quarter. The San Jose, California-based company said it had profit of 48 cents per ...

Durect: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Durect Corp. (DRRX) on Tuesday reported a loss of $10 million in its third quarter. The Cupertino, California-based company said it had a loss of 4 cents per share. The ...

NY study backs Buffalo Bills in bid to build new stadium

The Tribune San Luis Obispo | 2021-11-02, 21:33

A stadium feasibility study financed by the state of New York backs the Buffalo Bills in their bid to build a new 60,000-seat stadium — either near their existing home ...

Pacific Biosciences: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Pacific Biosciences of California Inc. (PACB) on Tuesday reported net income of $16.5 million in its third quarter. The Menlo Park, California-based company said it had net income of 8 ...

8x8: Fiscal Q2 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

8x8 Inc. (EGHT) on Tuesday reported a loss of $42.3 million in its fiscal second quarter. The Campbell, California-based company said it had a loss of 38 cents per share. ...

Cardlytics: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Cardlytics, Inc. (CDLX) on Tuesday reported a loss of $44.5 million in its third quarter. The Atlanta-based company said it had a loss of $1.35 per share. Losses, adjusted for ...

AP VoteCast: Economy, COVID, schools top issues in Virginia

The Tribune San Luis Obispo | 2021-11-02, 21:33

The economy ranked as the top issue facing the state of Virginia as voters cast their ballots in the tight race for governor, with the coronavirus pandemic and education trailing. ...

Denny’s: Q3 Earnings Snapshot

The Tribune San Luis Obispo | 2021-11-02, 21:33

Denny's Corp. (DENN) on Tuesday reported third-quarter earnings of $12.3 million. The Spartanburg, South Carolina-based company said it had profit of 19 cents per share. Earnings, adjusted for non-recurring gains, ...

Cop26: Rich nations must mend broken trust over climate

The Independent | 2021-11-02, 21:32

When the rich nations’ negotiators pledged at the 2009 climate summit in Copenhagen to provide $100bn a year

Four more energy suppliers go bust due to gas price surge

The Independent | 2021-11-02, 21:32

Four more energy suppliers have gone bust as a result of soaring gas prices, the industry's regulator has announced. Ofgem said on Tuesday that Omni Energy, MA Energy, Zebra Power and Ampoweruk had all ceased trading, meaning a new supplier will be sought for

Inside Business

The Independent | 2021-11-02, 21:32

Looking at BP’s results, I do find myself wondering if anyone in the investor relations department thought to raise the question

Tired of masks? LA County lays out scenario for possibly lifting mandate

LA Daily News | 2021-11-02, 21:30

Los Angeles County’s health director presented a set of criteria on Tuesday, Nov. 2, being monitored for a possible lifting of mask-wearing mandates at large outdoor events and in indoor settings such as workplaces, but the requirements likely mean face

Las Vegas apartment complex sells for $67M

Las Vegas Review-Journal | 2021-11-02, 21:30

SB Real Estate Partners acquired The Russell, a 241-unit apartment complex in the southwest Las Vegas Valley, seen here. (Courtesy) A California real estate firm has expanded to Las Vegas with the

Jay Leno, Keith Urban help kick off SEMA show in Las Vegas

Review Journal | 2021-11-02, 21:30

SEMA opened Tuesday morning at the Las Vegas Convention Center, where Ford debuted its Eluminator electric crate engine for retrofitting internal combustion cars. ...

Future Venetian owner touts strong third-quarter earnings

Las Vegas Review-Journal | 2021-11-02, 21:30

The Venetian resort hotel-casino shown, on Friday, July 9, 2021, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye The Venetian resort hotel-casino shown, on Friday, July 9, 2021, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal)

Pickup of ‘soft recyclables’ stops in North Royalton, continues in Strongsville

Cleveland | 2021-11-02, 21:29

NORTH ROYALTON, Ohio -- A recycler of “soft goods” -- including clothes, jewelry, blankets, tools and silverware -- has stopped doing business in North Royalton, but is continuing to serve Strongsville residents. Great Lakes Recycling entered into contracts in

Sr. Sister Helen Amos | Mercy Health Services 

Maryland Daily Record | 2021-11-02, 21:26

The University of Baltimore Schaefer Center for

Raymond Gambrill | Miller, Miller & Canby 

Maryland Daily Record | 2021-11-02, 21:26

Miller, Miller & Canby’s Raymond “Ray”

Profit falls at LinkedIn’s Irish arm despite revenue rise

The Irish Times | 2021-11-02, 21:25

Profits at LinkedIn’s Irish arm fell by more than 50 per cent last year while revenue rose $483 million (€417 million), recently-filed accounts show. The Irish business did not pay a dividend to its parent company. Turnover for the year at LinkedIn Ireland

Supply Chain Issues: ‘There Really Are Problems Everywhere,’ Even For Small Companies

CBS News | 2021-11-02, 21:24

Why are store shelves always half empty? Why do deliveries take so much longer than they used to? Why is everything more expensive lately? The short answer is supply chain issues. The long answer, explaining the various problems affecting the global network

Oil giant warns of ‘tight’ gas market ahead, profits surge

Boston Herald | 2021-11-02, 21:24

LONDON — BP reported soaring profits Tuesday on the back of surging oil and gas prices as the global economy recovers from the coronavirus pandemic. But the British energy giant also warned that markets would remain “tight” over the coming months,

Delete face: Facebook to shut down facial recognition

Boston Herald | 2021-11-02, 21:24

PROVIDENCE, R.I. — Facebook said it will shut down its face-recognition system and delete the faceprints of more than 1 billion people amid growing concerns about the technology and its misuse by governments, police and others. “This change will

Arista Networks, Pfizer rise; Chegg, Harsco fall

ABC News | 2021-11-02, 21:23

Stocks that traded heavily or had substantial price changes Tuesday: Arista Networks, Pfizer rise; Chegg, Harsco fall ...

Avis' stock soars on earnings blowout, burning short sellers

ABC News | 2021-11-02, 21:23

Shares of Avis doubled after the rental car company’s third-quarter results showed it is well on the road to recovery from damage inflicted by the pandemic on the global travel industry ...

Kacific Deploys ST Engineering IDirect’s Mx-DMA® MRC Return Technology To Increase Digital Inclusion Across Asia Pacific

Scoop | 2021-11-02, 21:15

Industry’s most powerful return

Financial System Well-placed To Support Economic Recovery Despite Uncertainty And Risks

Scoop | 2021-11-02, 21:15

The resilience of our financial system

Financial Services Council Launches Online Financial Wellbeing Hub For Kiwis

Scoop | 2021-11-02, 21:15

The Financial Services Council [FSC] has

Kirsten Lynch begins new role as Vail Resorts CEO

Summit Daily | 2021-11-02, 21:14

Kirsten Lynch stepped into her new role as Vail Resorts CEO on Monday, Nov. 1. The former chief marketing officer has been with the company since 2011. Vail Resorts/Courtesy photo EAGLE — It’s official: Vail Resorts has a new CEO. Kirsten Lynch took on

CDK Global: Fiscal Q1 Earnings Snapshot

Tacoma News Tribune | 2021-11-02, 21:13

CDK Global Inc. (CDK) on Tuesday reported fiscal first-quarter net income of $71.7 million. The Hoffman Estates, Illinois-based company said it had profit of 59 cents per share. Earnings, adjusted ...

North Carolina agency files motion against Colonial Pipeline

Tacoma News Tribune | 2021-11-02, 21:13

A North Carolina state agency announced Tuesday it has filed a lawsuit seeking to force Colonial Pipeline to meet obligations resulting from a gasoline spill that was found to be ...

Jesse Jackson out of hospital after Howard University fall

Tacoma News Tribune | 2021-11-02, 21:13

The Rev. Jesse Jackson was released Tuesday from a Washington, D.C. hospital a day after falling and hitting his head while helping Howard University students who are protesting campus living ...

Halozyme Therapeutics: Q3 Earnings Snapshot

Tacoma News Tribune | 2021-11-02, 21:13

Halozyme Therapeutics Inc. (HALO) on Tuesday reported third-quarter net income of $216.6 million. The San Diego-based company said it had profit of $1.48 per share. Earnings, adjusted for one-time gains ...

Coursera: Q3 Earnings Snapshot

Tacoma News Tribune | 2021-11-02, 21:13

Coursera Inc (COUR) on Tuesday reported a loss of $32.5 million in its third quarter. On a per-share basis, the Mountain View, California-based company said it had a loss of ...

T-Mobile: Q3 Earnings Snapshot

Tacoma News Tribune | 2021-11-02, 21:13

T-Mobile US Inc. (TMUS) on Tuesday reported third-quarter net income of $691 million. On a per-share basis, the Bellevue, Washington-based company said it had net income of 55 cents. The ...

Mondelez: Q3 Earnings Snapshot

Tacoma News Tribune | 2021-11-02, 21:13

Mondelez International Inc. (MDLZ) on Tuesday reported third-quarter profit of $1.26 billion. On a per-share basis, the Chicago-based company said it had net income of 89 cents. Earnings, adjusted for ...

Stocks gain, pushing the Dow Jones industrials over 36,000

Star Tribune | 2021-11-02, 21:13

Wall Street added to its recent run of milestones Tuesday as stock indexes hit new highs again and the Dow Jones Industrial Average closed above 36,000 points for the first time. ...

Zillow shuts down home-flipping business after racking up big losses

LA Daily News | 2021-11-02, 21:12

By Patrick Clark | Bloomberg Zillow Group is pulling the plug on its tech-powered home-flipping operation after deciding that its pricing algorithms weren’t accurate enough to build a stable business. The company plans to take writedowns of as much as $569

New Jersey man gets 17 months for bribing postal workers

The Associated Press | 2021-11-02, 21:09

NEWARK, N.J. (AP) — A New Jersey man was sentenced to 17 months in prison for bribing postal workers to steal packages. Jabre Beauvoir,

Sequoia China’s Neil Shen Sees ‘Enormous’ Potential In China’s Enterprise Technology Start-Ups

Forbes | 2021-11-02, 21:05

Shen ranked No. 2 on the 2021 Forbes Midas List of the world's top venture capital investors ...

Sorry, President Biden, This Is Not OPEC’s Fault

Forbes | 2021-11-02, 21:05

President Biden is pointing fingers at Russia and OPEC for high gas prices, but it's not that simple. ...

Column: Letting Medicare negotiate drug prices won’t help as much as price controls

The Los Angeles Times | 2021-11-02, 21:05

Americans have an enduring — and endearing — faith that one method of bringing down drug prices is superior to all others: Allowing Medicare to negotiate with drug companies. The idea consistently polls well, supported by 83% of respondents to a recent Kaiser

Biden Pins Blame on Russia, OPEC for Rising Gas Prices in US

Urdu Point | 2021-11-02, 21:04

WASHINGTON (UrduPoint News / Sputnik - 03rd November, 2021) US President Joe Biden said on Tuesday that Russia

Portland’s Jetport pursues $4.5 million property deal

Journal Tribune | 2021-11-02, 21:02

The Portland International Jetport plans to buy a valet service parking lot from its current owner and restart the business, which closed during the pandemic. ...

U.S. says oil, gas sales damage climate – but won’t stop them

Journal Tribune | 2021-11-02, 21:02

Bureau of Land Management officials say they can't do much to prevent impacts, in part because they can't discern the significance of emissions from government-owned fuel reserves versus other sources. ...

DOJ sues to block Penguin Random House’s acquisition of rival publisher Simon & Schuster

Journal Tribune | 2021-11-02, 21:02

The agency alleges the combined company would exert 'outsized influence' over which books are published. ...

Employee fired by Apple files NLRB charge alleging retaliation by iPhone maker

Journal Tribune | 2021-11-02, 21:02

Janneke Parrish was fired after helping to found #AppleToo, aimed at improving working conditions at the company. ...

Netflix launches a streaming service of games

Games Industry | 2021-11-02, 20:57

Streaming platform provides subscription holders a selection of five titles via Android app ...

Gamigo reports that it has reached carbon neutrality

Games Industry | 2021-11-02, 20:57

Publisher has offset emissions by funding equivalent carbon dioxide reduction efforts elsewhere ...

4 men get decades in prison for attack on store chain owner

Fresno Bee | 2021-11-02, 20:57

Four men have pleaded guilty to attacking the owner of a South Carolina convenience store chain and his wife as part of a long-planned robbery. Warren Willis was beaten and ...

Ultragenyx: Q3 Earnings Snapshot

Fresno Bee | 2021-11-02, 20:57

Ultragenyx Pharmaceutical Inc. (RARE) on Tuesday reported a loss of $73 million in its third quarter. The Novato, California-based company said it had a loss of $1.08 per share. The ...

Defense begins in trial of Philadelphia official, union boss

Fresno Bee | 2021-11-02, 20:57

Prosecutors put on sufficient trial evidence over four weeks to send corruption charges against a powerful Philadelphia labor leader and city council member to a jury, a federal judge ruled ...

Egypt's MIDBANK Selects Temenos to Power its Digital Transformation

MENA FN | 2021-11-02, 20:27

(MENAFN - Mid-East.Info) Geneva,

Smart Speaker Market to Reach USD 24.97 BN By 2027 |Growth Opportunities with Amazon, Alphabet, Baidu

MENA FN | 2021-11-02, 20:27

(MENAFN - EIN Presswire) Global Smart Speaker Market Outlook (2019 -2027) Stratistics MRC report, Smart Speaker Market Forecasts to 2027 – Global Analysis Application, Key Players, Types, End User and By Geography MARYLAND, GAITHERSBURG,... ...

Ajman Chamber of Commerce and Industry Signs Collaboration Agreement with Ros Global Export at Expo ...

MENA FN | 2021-11-02, 20:27

(MENAFN - Mid-East.Info) Ajman: Ajman

Top business automation trends

MENA FN | 2021-11-02, 20:27

(MENAFN - Robotics & Automation News) Top business automation trends November 2, 2021 by Liv Leave a Comment In a world where technology can change overnight, it's important to stay current with the latest trends. As a... ...

Cerebra Lauded by Frost & Sullivan for Its Sustainable, Technology-driven e-waste Management

MENA FN | 2021-11-02, 20:26

(MENAFN - Frost & Sullivan) Cerebra

Wilkinson ‘shocked’ at Karl’s split

The Daily Telegraph Australia | 2021-11-02, 20:26

Former Today Show host Lisa Wilkinson has published details of the breakdown of the marriage of her one-time on-air ­partner Karl Stefanovic and his first wife Cassandra Thorburn, saying she was shocked when the pair separated. ...

The competitive intelligence process decoded

MENA FN | 2021-11-02, 20:26

(MENAFN - Netscribes) All

New Survey Finds Many New Zealanders Are Not Taking Basic Precautions To Protect Themselves From ...

Scoop | 2021-11-02, 20:21

Kiwis unaware of many common cyber

Tesla Chair Robyn Denholm To Discuss Renewable Energy And Transport Disruption At APEC CEO Summit 2021

Scoop | 2021-11-02, 20:21

The global transition to renewable

Trade Me & The Breakout Room Go SElf Help For Christmas

Scoop | 2021-11-02, 20:21

Whether you love the thrill of the browse or just want it sorted, Trade Me is bringing Christmas magic made easy to Kiwis this festive season. Aotearoa’s largest online ... ...

Leaders vow to protect forests, plug methane leaks at COP26

Pioneer Press | 2021-11-02, 20:21

By FRANK JORDANS and JILL LAWLESS GLASGOW, Scotland (AP) — World leaders promised to protect Earth’s forests, cut methane emissions and help South Africa wean itself off coal at the U.N. climate summit Tuesday — part of a flurry of deals intended to avert

Future Venetian owner touts solid third-quarter earnings

Las Vegas Review-Journal | 2021-11-02, 20:21

The Venetian resort hotel-casino shown, on Friday, July 9, 2021, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye The Venetian resort hotel-casino shown, on Friday, July 9, 2021, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal)

European Union Lawmaker Says Whistleblowers Highlight The Need For Regulating Online Political Advertising

Forbes | 2021-11-02, 20:21

Vera Jourova, European Comission Vice

Former Soccer Bosses Sepp Blatter And Michel Platini Charged With Fraud

Forbes | 2021-11-02, 20:21

Swiss prosecutors investigated a controversial payment of $2 million for six years. ...

Webtoon CEO Sees Massive Growth And New Opportunities In US Market

Forbes | 2021-11-02, 20:20

Webtoon founder/global CEO Junkoo Kim on the company's new partnerships with DC and Archie, new media deals, and the huge payouts some creators are getting through their revenue sharing model. ...

Australian dollar tumbles after RBA decision, ASX to follow Wall Street higher

The Australian dollar fell to 74.3 US cents as the market regarded the Reserve Bank's decision as "dovish", while Wall Street is on track to end its day at record highs. ...

Australia refuses to join global pledge to cut methane emissions

Australia snubs one of the key global actions to come out of the UN climate change conference by bowing out of an international pledge to reduce methane emissions. ...

OECD and IEA continue call for more green investment amid higher energy prices

The National | 2021-11-02, 20:19

Oil prices are at multi-year highs and have more than doubled year-to-date ...

US sues to stop Penguin Random House bid to buy Simon & Schuster

The National | 2021-11-02, 20:19

Book publishers argue merger will help in competition with Amazon ...

Agthia's nine-month net profit surges on acquisitions

The National | 2021-11-02, 20:19

Net revenue rose 34 per cent to Dh2.1 billion during the period ...

Andersen Global Reinforces Platform in Africa with Namibia-Based Tax Firm

Canada Dot Com | 2021-11-02, 20:19

SAN FRANCISCO — Andersen Global continues to strengthen its African platform as the organization enters a Collaboration Agreement with

Telstra Collaborates with Equinix to Deliver Enhanced Access and Network Connectivity to Major Global Financial Exchanges

Canada Dot Com | 2021-11-02, 20:19

Collaboration Offers New Hybrid Network Options to Capital Markets Customers by Combining Telstra’s Octagon Financial Services Solution with the

New Construction, Home Renovations, and Increased Prices Driving High Revenue Growth for the Home Service Category

Canada Dot Com | 2021-11-02, 20:19

Consumer spending on Home Service over the past 15 months has exceeded pre-pandemic levels; labor shortage fueling a need for new entrepreneurs

Radio broadcaster Beasley Broadcast sees revenue surge in third quarter but reports loss

News Press | 2021-11-02, 20:18

Beasley Broadcast saw its revenues surge in the third quarter, but it still lost money. ...

HPCL reports 22.4 per cent year-on-year decline in net profit

The Telegraph India | 2021-11-02, 20:18

State-owned refiner HPCL has reported a 22.4 per cent year-on-year decline in its net profit at Rs 1,923.5 crore during the July-September quarter against Rs 2,477.45 crore a year ago. The company had reported a profit of Rs 1,795 crore in

Banking community rallies behind Pratip Chaudhuri

The Telegraph India | 2021-11-02, 20:18

The banking community is rallying behind Pratip Chaudhuri, the former chief of State Bank of India (SBI), who was arrested by Rajasthan Police on Sunday. The Indian Banks Association (IBA) is set to take up the matter with Rajasthan chief minister

Sun Pharma denies Taro stake charge

The Telegraph India | 2021-11-02, 20:18

Sun Pharmaceutical Industries has been hit by allegations of failing to disclose the ownership of additional shares in its subsidiary Taro. According to regulatory filings, as of March 31, 2021, Sun Pharma and its affiliates owned 77.8 per cent of Taro’s

ARC reform brings hope to retail investors

The Telegraph India | 2021-11-02, 20:18

Retail investors groaning under the burden of dud and worthless financial assets have just been thrown a lifeline. A committee constituted by the Reserve Bank of India has suggested that asset reconstruction companies (ARCs) should be permitted to acquire

Registration of residential property zooms 47% in Calcutta Metropolitan Area

The Telegraph India | 2021-11-02, 20:18

Registration of residential property zoomed 47 per cent in Calcutta Metropolitan Area during the July-October period, marking a spectacular rise in transaction after a stamp duty cut and a reduction in circle rate came into effect. Data collected from the

Bharti Airtel reports consolidated net profit of Rs 1,134 crore

The Telegraph India | 2021-11-02, 20:18

Bharti Airtel reported a consolidated net profit of Rs 1,134 crore for the second quarter ended September against a net loss of Rs 783 crore a year ago. The net profit came above analyst estimates, aided by an exceptional gain of Rs 722 crore on account of the

Delhivery files draft papers with Sebi to raise up to Rs 7,460 crore

The Telegraph India | 2021-11-02, 20:18

Delhivery on Tuesday filed draft papers with the Securities and Exchange Board of India (Sebi) to raise up to Rs 7,460 crore through an initial public offering (IPO). The IPO includes fresh issuance of equity shares of Rs 5,000 crore and an offer for sale

RBI fine-tunes prompt corrective action framework

The Telegraph India | 2021-11-02, 20:18

The Reserve Bank of India (RBI) on Tuesday fine-tuned its prompt corrective action (PCA) framework under which restrictions are placed on weak banks to restore their financial health. Under the new framework, the banking regulator removed the criteria of

Appeals board blocks bulk buying of homes in Maynooth scheme

The Irish Times | 2021-11-02, 20:13

An Bord Pleanála has locked out institutional investors from snapping up housing units en masse at a 194-home development in Maynooth, Co Kildare. The appeals board has attached a condition on Cairn Homes’ planing permission for the €71 million scheme

Detroit council panel puts Packard Plant properties on path to demolition

Crains Detroit Business | 2021-11-02, 20:12

Five properties that are part of the Packard Plant site have been ordered demolished as a result of what the city says are dangerous conditions. During an at-times contentious hearing Monday afternoon, the three members of the Detroit City Council's Public