Emtek to acquire Bank Fama in $63 million deal The media conglomerate plans to diversify into finance. The company’s aircraft deliveries in the first quarter fell to the lowest level since the pandemic. The Indian capital markets regulator has hardened the conditions under which foreign portfolio investors with outsized exposures would be spared from making full disclosure of the investors in the fund.
- How a company found success by creating content that brings people together.
- The National Basketball Association is canceling games, as is the National Hockey League.
- Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.
- Oracle was slow to move its database and enterprise applications to the cloud, but it has made strides in the past few years.
- Farmer confidence in their banks has plummetted to the lowest level in nearly a decade while the government considers the need for an independent inquiry.
The company also may face regulatory scrutiny on payment for order flow, in which the broker sells its trades to big institutions to execute. This key element of its commission-free business model drew attention when trading was halted, raising concerns about conflicts of interest. Robinhood said on Thursday that it had lost $3.69 billion last year, including $423 million in the last three months of 2021.
Fellow billionaires give Trump a boost as they announce support for former president’s campaign
See the past come to life through the BBC’s unique archive, in your inbox every Thursday. From ex OpenAI members emphasizing regulation; Glass Lewis advising against Musk’s pay to US considering sanctions on European banks and China’s housing rescue faltering, here’s a look at recent business developments around the world. Today we cover Torrent Pharma, Divi’s Lab, Ashok Leyland among others following their Q4 results.
- Germany’s new government has tapped Joachim Nagel, a career central banker and supporter of the country’s conservative monetary policy, to take over as head of the eurozone’s largest central bank, the Bundesbank, at a time of growing concern over inflation.
- In 2020, the White House unsuccessfully tried to force ByteDance, a Chinese internet company, to sell TikTok, the viral video app, to an American owner, also citing national security reasons.
- Its shares have fallen roughly 50 percent over the past year as tech stocks have been hit and after a regulatory crackdown in China that has weighed on Chinese stocks.
- Bambee and Gusto are well-respected human resources outsourcing services.