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Indian benchmark indices are heading into the new trading week with caution after the Nifty and Sensex extended their losing streak to three consecutive weeks. While large-cap stocks remained under pressure, the broader market continued to show resilience, with both the Nifty Smallcap and Midcap indices reaching fresh record highs. The divergence points to continued…
Global Defence Bank Struggles to Secure Broad International Backing By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas Challenges Facing the Defence, Security and Resilience Bank (DSRB) LONDON, Aug 30 (Reuters) – Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies…
Buy Nvidia: Thinking Differently About AI Value Creation
Amazon (AMZN +3.97%) is running the largest capital-spending program in its history. The company expects about $220 billion in capital expenditures this year, an estimate CEO Andy Jassy raised from $200 billion in July. And the spending runs well past this year. On Aug. 26, Amazon Web Services (AWS) and Nvidia announced plans to put…
Fair Isaac: Mortgage Pricing Is Doing The Work
Nearly 90 companies, including NTPC, Coal India and Oil India, have scheduled record dates for dividends and other corporate actions during the week of August 31 (Monday) to September 4 (Friday). To be eligible for these corporate actions, investors must hold the shares in their demat accounts as of the respective record dates. The list…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Buffett remains active at 96, but Berkshire’s shares aren’t doing much Zoom In IconArrows pointing outwards That puts it 12.2 percentage points behind…
To win summary judgment – a ruling without a full trial – UMB had to show Wells Fargo held the note when the suit started. It offered two employee declarations and a spreadsheet tracking the note’s whereabouts. A Wells Fargo vice president certified that he reviewed the original note on October 22, 2013. A business…
Franco Fontana, Italian Colour Photography Pioneer, Passes Away at 92 Legacy and Life of Franco Fontana By Alvise Armellini Early Career and Artistic Influences ROME, Aug 29 (Reuters) – Franco Fontana, an Italian photographer famous for turning landscapes into abstract images through the masterful use of colour, geometry and shadows, has died at the age…
Storm leaves one dead, two injured in Cyprus