Amazon.com surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The e-commerce and cloud-computing company’s shares rose as much as 5.3% as of 9.35 am on Monday, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins…
Three years ago, Chanel chose Manchester over London for its Métiers D’Art fashion show. Soho House opened its doors in November on the site of the former Granada Studios. And for the first time, the Brit Awards ventured beyond the capital for their star-studded ceremony earlier this year. For a city with industry at its…
The Texas Capital Texas Oil Index ETF (OILT) climbed 12.5% in July, outpacing both broad market equities and energy sector peers. During the month, the State Street SPDR S&P 500 ETF Trust (SPY) held steady, while the State Street Energy Select Sector SPDR ETF (XLE) rose 12.1% over the same period. Key Takeaways OILT outpaced…
Mumbai: Market participants are closely watching foreign portfolio investor (FPI) activity in fully accessible route (FAR) securities as some investors, who had bought into them in anticipation of their inclusion in the Bloomberg global bond gauge, are expected to lighten positions accumulated over the past two months. Inflows into Indian debt have already tapered over…
Personal Finance Published: Monday, August 3, 2026, 19:58 [IST] State-owned Bank of Maharashtra (BoM) is now running a limited period offer called Monsoon Dhamaka and has cut its home loan interest rate to 7% per annum, down from the earlier 7.1%. The bank announced the revised rate in a statement issued over the weekend, positioning…
Rubbish tips, cemeteries, and motorways are no longer considered dealbreakers for many, as Gen Z buyers compromise to get on the property ladder. As stock tightens, properties that were previously seen as unattractive have become more viable options, particularly for younger and first-time buyers. According to recent Westpac data, just over one in five first…
MPs have warned that the government’s plan for tackling financial exclusion is “far from the finished product” and that industry voices may have held too much sway at the expense of consumer groups. Members of the Treasury Committee say the Financial Inclusion Strategy is a welcome first step, but it is incomplete and lacks vital information on…
NS&I has hiked interest rates on its fixed-rate savings products for the third consecutive time this year, making them some of the best on the market. The government-backed bank has increased the interest rates on new issues of its one, two, three, and five-year savings accounts, called British Savings Bonds. It brings NS&I’s top interest…
Asian shares climbed, following a Wall Street rally driven by gains in technology stocks. The yen steadied after its intervention-led gains. MSCI’s gauge for Asian shares gained, with South Korea’s Kospi index rising almost 2%. The S&P 500 Index climbed 1.5%, finishing within striking distance of a record. Equity-index futures for the Nasdaq 100 Index…
Bill payment solution provider Paymentus posted record revenue in the second quarter as service providers sought to secure customer loyalty by providing a satisfying billing experience, Paymentus Founder and CEO Dushyant Sharma said during a Monday (Aug. 3) earnings call. Citing findings from an upcoming PYMNTS Intelligence report, Sharma said customers’ billing and payment experiences…