European Stocks Higher; Lufthansa Soars After Returning To Profit
European stock markets traded higher Friday, boosted by positive sentiment overseas ahead of the release of the final reading of Eurozone services activity data. At 03:50 ET (08:50 GMT), the DAX index in Germany traded 0.9% higher, the CAC 40 in France climbed 0.6% and the FTSE 100 in the U.K. rose 0.4%. European equities […]
Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%
U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL) […]
A gender discrimination case against Google has been settled for $118 million.
In the United States, Google has agreed to pay $118 million to resolve a class-action gender discrimination case against Google, involving approximately 15,500 women in 236 job categories. Since September 14, 2013, the plaintiffs Kelly Ellis, Holly Pease, Kelli Wisuri, and Heidi Lamar have worked at Google in California in a “covered position.” The gender […]
The Delhi IGI airport will receive 62 electric vehicles to help reduce greenhouse gas emissions
The Delhi airport’s operator, Delhi International Airport Limited (DIAL), announced on Monday that it has decided to replace all of its vehicles for its airside operations with EVs over the next four months as part of the Green Transportation Program to reduce its annual greenhouse gas emissions. The proposal to install 62 electric cars on […]
In Q4FY22, Bank of India’s net profit increased 142.3 percent to Rs 606 crore
On improved net interest margins, the Bank of India‘s net profit increased 142.3 percent to Rs 606 crore in Q4FY22. In Q4FY21, it had a net profit of Rs 250 crore. The net profit for FY22 increased by 57.6% to Rs 3,405 crore from Rs 2,160 crore in FY21. Subject to shareholder approval, the board […]
California gas utility fined $10 million for ratepayer money misuse
A major California gas utility must pay the state nearly USD 10 million and reimburse customers money it improperly spent on work related to the development of energy-efficient building codes. The penalties that Southern California Gas Co. faces were handed down Thursday by the California Public Utilities Commission. The commission, which regulates California’s major utilities, […]
Saregama India plans to invest up to Rs 750 cr in music business
Saregama India, a part of RP-Sanjiv Goenka Group, is planning to invest up to Rs 750 crore in its music business to achieve a 25-30 per cent revenue growth in the next few years through organic and inorganic routes, an official said. It is also foraying into a new business segment of artiste partner programme to […]
Brexit jitters: JPMorgan Chase to move $230-billion assets to Germany
By Administration_India Capital Sands JPMorgan Chase is moving about ^200 billion ($230 billion) from the UK to Frankfurt as a result of Britain’s exit from the European Union (EU), a shift that will make it one of the largest banks in Germany. The US bank plans to finish the migration of the assets to its Frankfurt-based […]