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Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
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Silvergate Capital Delays Plans to Launch Its Own US Dollar-Pegged Stablecoin
Silvergate bank’s big stablecoin project will not meet its goal of launching this year, President and CEO Alan Lane said on the company’s analyst call. Silvergate in January purchased the assets of Meta’s failed Diem blockchain project with plans to use the technology to launch a US-dollar-backed stablecoin.
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Stocks To Watch: Reliance Industries, ICICI Bank, Hindustan Zinc, Apollo Tyres
The domestic stock markets are expected to trade in green on Monday, taking cues from the global markets. Asian shares started steady ahead of a week packed with major quarterly earnings announcements, while the US dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies.
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Sensex Rallies Over 500 Points; Tata Steel, Infosys, HDFC Bank Top Gainers
US stocks rose on Friday and the Dow scored its biggest weekly percentage gain since June, as Goldman Sachs rounded out a week of strong quarterly earnings for the big banks
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Sensex, Nifty Likely To Have A Firm Opening
US stocks rose on Friday and the Dow scored its biggest weekly percentage gain since June, as Goldman Sachs rounded out a week of strong quarterly earnings for the big banks
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Sensex, Nifty Flat; RIL, ITC Gain Almost 1% Post Results, ICICI Bank Weak
Asian shares struggled to rally on Monday as super-strong US corporate earnings sucked funds out of emerging markets and into Wall Street
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Sensex Surges Over 1,500 Points To Reclaim 50,000; Nifty Bank Touches Record High
Share Market LIVE: Buying was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange were trading higher
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Market LIVE Updates: Sensex Crosses 42,000 For First Time Ever As Markets Clock All-Time Highs
Domestic stock markets rose to all-time highs with the S&P BSE Sensex index crossing 42,000 for the first time ever on Thursday tracking mild gains in Asian peers, a day after the US and China signed the first phase of a trade deal. The Sensex rose as much as 186.72 points to touch 42,059.45 in the first hour of trade, and the broader NSE Nifty ben...
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Samsung Galaxy F Series Foldable Phone Tipped to Launch Globally, Firmware Testing Reportedly Begins
The latest earnings report claims that Samsung is banking on its foldable phone segment and upcoming 5G phones to revive the smartphone sales numbers.
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Paul Manafort, Ex-Trump Aide, Faces Charges In First Russia Trial
The first trial of Special Counsel Robert Mueller's Russia probe begins on Tuesday with Paul Manafort, a former chairman of U.S. President Donald Trump's campaign, facing charges that he hid tens of millions of dollars earned in Ukraine in offshore accounts and defrauded banks for loans.
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Sensex Conquers 35,000, Nifty Hits 10,800 As Records Tumble: 10 Points
Continuing its record-breaking spree in the New Year, the Sensex hit the 35,000 milestone today. The benchmark index surged 310 points to close at 35,081. Another benchmark index Nifty hit 10,800 today, before closing at 10,788, up 88 points. Apart from a global market rally, optimism about acceleration in corporate earnings growth and economic gro...
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Sensex Surges Nearly 250 Points, Nifty Hits 10,100: 10 Points
Indian stocks markets continued their record run today, with Sensex advancing nearly 250 points to 32,633 and Nifty rising to 10,101 at day's high. The latest political development in Bihar and a global rally boosted domestic sentiments. Nitish Kumar took oath as Bihar Chief Minister for the sixth time today, ending his two-year-old alliance with L...
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'Straw Hat Bandit' Arrested In 11 Pennsylvania Bank Robberies
A Pennsylvania bank robber who earned the nickname "straw hat bandit" for wearing colorful head wear during heists was arrested on Thursday for a string of 11 robberies, authorities said.
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Veteran IT Programmers In High Demand As Banks Scramble To Fix Old Systems
Experienced COBOL programmers can earn more than $100 an hour when they get called in to patch up glitches, rewrite coding manuals or make new systems work with old.
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Surprises From Indian IT Firms At Least Some Quarters Away: Rahul Jain
Global events like Brexit, weak oil prices and US presidential elections have weighed on the growth of Indian IT sector. Besides, automation, digital technologies and artificial intelligence have also hurt cost-arbitrage competitiveness that Indian IT companies in the past.
-
Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
-
Silvergate Capital Delays Plans to Launch Its Own US Dollar-Pegged Stablecoin
Silvergate bank’s big stablecoin project will not meet its goal of launching this year, President and CEO Alan Lane said on the company’s analyst call. Silvergate in January purchased the assets of Meta’s failed Diem blockchain project with plans to use the technology to launch a US-dollar-backed stablecoin.
-
Stocks To Watch: Reliance Industries, ICICI Bank, Hindustan Zinc, Apollo Tyres
The domestic stock markets are expected to trade in green on Monday, taking cues from the global markets. Asian shares started steady ahead of a week packed with major quarterly earnings announcements, while the US dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies.
-
Sensex Rallies Over 500 Points; Tata Steel, Infosys, HDFC Bank Top Gainers
US stocks rose on Friday and the Dow scored its biggest weekly percentage gain since June, as Goldman Sachs rounded out a week of strong quarterly earnings for the big banks
-
Sensex, Nifty Likely To Have A Firm Opening
US stocks rose on Friday and the Dow scored its biggest weekly percentage gain since June, as Goldman Sachs rounded out a week of strong quarterly earnings for the big banks
-
Sensex, Nifty Flat; RIL, ITC Gain Almost 1% Post Results, ICICI Bank Weak
Asian shares struggled to rally on Monday as super-strong US corporate earnings sucked funds out of emerging markets and into Wall Street
-
Sensex Surges Over 1,500 Points To Reclaim 50,000; Nifty Bank Touches Record High
Share Market LIVE: Buying was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange were trading higher
-
Market LIVE Updates: Sensex Crosses 42,000 For First Time Ever As Markets Clock All-Time Highs
Domestic stock markets rose to all-time highs with the S&P BSE Sensex index crossing 42,000 for the first time ever on Thursday tracking mild gains in Asian peers, a day after the US and China signed the first phase of a trade deal. The Sensex rose as much as 186.72 points to touch 42,059.45 in the first hour of trade, and the broader NSE Nifty ben...
-
Samsung Galaxy F Series Foldable Phone Tipped to Launch Globally, Firmware Testing Reportedly Begins
The latest earnings report claims that Samsung is banking on its foldable phone segment and upcoming 5G phones to revive the smartphone sales numbers.
-
Paul Manafort, Ex-Trump Aide, Faces Charges In First Russia Trial
The first trial of Special Counsel Robert Mueller's Russia probe begins on Tuesday with Paul Manafort, a former chairman of U.S. President Donald Trump's campaign, facing charges that he hid tens of millions of dollars earned in Ukraine in offshore accounts and defrauded banks for loans.
-
Sensex Conquers 35,000, Nifty Hits 10,800 As Records Tumble: 10 Points
Continuing its record-breaking spree in the New Year, the Sensex hit the 35,000 milestone today. The benchmark index surged 310 points to close at 35,081. Another benchmark index Nifty hit 10,800 today, before closing at 10,788, up 88 points. Apart from a global market rally, optimism about acceleration in corporate earnings growth and economic gro...
-
Sensex Surges Nearly 250 Points, Nifty Hits 10,100: 10 Points
Indian stocks markets continued their record run today, with Sensex advancing nearly 250 points to 32,633 and Nifty rising to 10,101 at day's high. The latest political development in Bihar and a global rally boosted domestic sentiments. Nitish Kumar took oath as Bihar Chief Minister for the sixth time today, ending his two-year-old alliance with L...
-
'Straw Hat Bandit' Arrested In 11 Pennsylvania Bank Robberies
A Pennsylvania bank robber who earned the nickname "straw hat bandit" for wearing colorful head wear during heists was arrested on Thursday for a string of 11 robberies, authorities said.
-
Veteran IT Programmers In High Demand As Banks Scramble To Fix Old Systems
Experienced COBOL programmers can earn more than $100 an hour when they get called in to patch up glitches, rewrite coding manuals or make new systems work with old.
-
Surprises From Indian IT Firms At Least Some Quarters Away: Rahul Jain
Global events like Brexit, weak oil prices and US presidential elections have weighed on the growth of Indian IT sector. Besides, automation, digital technologies and artificial intelligence have also hurt cost-arbitrage competitiveness that Indian IT companies in the past.
