HSBC Announces Restructuring and Names First Female C.F.O.
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations. Source link
Is an End to the S&P 500’s Record Rally in Sight?
The S&P 500’s huge gains over the past two years won’t be duplicated some analysts say, as a series of economic challenges piles up. Source link
‘Over 2.7 lakh Vistara bookings for travel after November 12 migrated to Air India’
NEW DELHI: Over 2.7 lakh passengers who had booked Vistara flights to travel on and after Nov 12, 2024, — when the airline merges into Air India — have been issued new tickets for travel on AI. However, the Tata Group has confirmed that for the next few months those
‘Blade Runner 2049’ Producers Sue Elon Musk Over ‘Robotaxi’ Imagery
Alcon Entertainment, the Hollywood company behind “Blade Runner 2049,” said it had denied a request to use images from the movie but that Mr. Musk did so anyway. Source link
In a Malaysian Pop-Up City, Echoes of China’s Housing Crash
Forest City was an audacious $100 billion project by a top Chinese developer. Today, the project is a fraction of what had been planned and the developer is broke. Source link
Bruce Ames, 95, Dies; Biochemist Discovered Test for Toxic Chemicals
The Ames Test offered a fast and inexpensive way to identify carcinogens, leading to the banning of chemicals linked to cancer and birth defects. Source link
Softy ice-cream mix attracts higher GST: It’s mainly sugar not milk holds GST-AAR
MUMBAI: Is a softy ice-cream mix made of milk or sugar? According to a recent ruling given by the GST Authority for Advance Rulings (AAR) – Rajasthan bench, the product’s major component is sugar, not milk. Further, since it contains additives like stabilizers and flavorings, it is no longer a
UltraTech Cement Q2 profit at Rs 825.18 crore
NEW DELHI: UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 825.18 crore for the September quarter. The leading cement maker posted a consolidated net profit of Rs 1,280.38 crore in the July-September period a year ago, the Aditya Birla group flagship firm said in a regulatory
Elon Musk’s Big Business and Conflicts of Interest With the U.S. Government
Mr. Musk, who holds billions in federal contracts, wants to be in charge of the regulators that oversee him if Donald Trump wins. Source link
Disney Names James Gorman Chairman, Sets ‘Early 2026’ for C.E.O. Change
In a board shake-up, James Gorman, a director in charge of planning for a successor to the chief executive, Robert A. Iger, will become chairman on Jan. 2, 2025. Source link