There have been several positive signals in Bharti Airtel with revenue market share (RMS) growth, better visibility of profits from Africa, and enough free cash flow to pursue deleveraging. Airtel’s 4G and 5G data subscriber net additions were 5.6 million in Q1FY24, and 24.5 million in the last 12 months. Airtel currently has 230 million data subscribers on 4G/5G, which […]
Read moreA MAN who purchased the UK's cheapest electrical vehicle and drove it until it died said the range is half of other motors. Rory picked up the Nissan Leaf from AutoTrader before taking it out for a range test. He found it didn't have as many miles in a full battery as other EVs – and he even ended up […]
Read moreUnited Auto Workers or UAW members have started their Stand Up Strike at three key plants of Detroit’s Big Three as the deadline passed for automakers to reach deals with the workers. Just after midnight Friday, the union said in a post on X, “The UAW Stand Up Strike begins at all three of the Big Three,” that is, Ford, […]
Read moreSeveral large asset management firms in the US have closed over twenty environmental, social, and corporate governance (ESG) funds in 2023 due to poor performance and amid greenwashing allegations. The US SEC also recently adopted a new rule to clamp down on funds that falsely advertise ESG strategies. More ESG Funds Closed in 2023 than Previous 3 Years Prominent money […]
Read moreFirst-time claims for U.S. unemployment benefits unexpectedly fell to a seven-month low in the week ended September 16th, the Labor Department revealed in a report released on Thursday. The report said initial jobless claims dipped to 201,000, a decrease of 20,000 from the previous week’s revised level of 221,000. Economists had expected jobless claims to inch up to 225,000 from […]
Read moreTo state the obvious, this is a dicey moment in the job market. Amid cutbacks and strikes, even headhunters are job hunting. Those hot USC graduates who once lined up for CAA internships are now foraging for a TikTok moment. YouTube is swamped by a confluence of influencers. “Step up your networking” used to be the common advice in a […]
Read moreAsian stocks traded higher on Friday as strong U.S. economic data and more stimulus measures from major importer China helped ease concerns around global growth. The dollar retained overnight gains while crude prices held near their highest level since early-November 2022 after China cut banks’ cash requirements to release more liquidity into the Chinese economy and potentially shore up economic […]
Read moreSave articles for later Add articles to your saved list and come back to them any time. Forcing Australian commercial TV networks to make more homegrown kids programming won’t deliver another Bluey, says the local head of Paramount, owner of Network Ten. “The global success of Bluey is not due to quotas, its due to the fact it’s a brilliant […]
Read moreIndia’s third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy’s Laboratories (DRL) and private equity (PE) giant Blackstone. Analysts say it is more likely for a strategic investor like Torrent or DRL to acquire Cipla than a PE firm, which may not derive healthy returns at Cipla’s current market price […]
Read moreEXCLUSIVE: UTA and Anonymous Content have signed filmmaker Francis Galluppi for representation in all areas, ahead of the world premiere of his debut feature, The Last Stop in Yuma County, at Fantastic Fest. The crime thriller tells the story of an unassuming knife salesman (Jim Cummings) who unexpectedly finds himself trapped in a deadly game of cat-and-mouse with two bank […]
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