MUMBAI/BENGALURU (Reuters) -New Delhi Television Ltd (NDTV) on Thursday said Adani Group needs regulatory approval to buy its biggest shareholder, as its founders – who own the target firm – are barred from trading in securities markets. Indian billionaire Gautam Adani’s conglomerate on Tuesday said it was seeking a controlling stake in the news channel….
(Reuters) -BP said on Wednesday it has shut some of its units affected by an electrical fire at its 430,000 barrel-per-day Whiting refinery in Indiana. The fire has been extinguished and it is determining when the affected units will be restarted, the company said in an emailed response. No one was injured and there were…
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar edged back from near a two-decade peak against a basket of major currencies on Thursday as investors looked to a speech by Federal Reserve Chair Jerome Powell the following day for fresh clues on the path for monetary policy. The dollar index, which measures the greenback…
NEW YORK (AP) — Amazon is shutting down the hybrid virtual, in-home care service it’s spent years developing, a surprising move that underscores the challenges it faces as it moves into health care. The service, called Amazon Care, will end by Dec. 31, according to an email sent to staff by Neil Lindsay, senior vice…
New York (AP) — President Joe Biden’s student loan forgiveness program announced on Wednesday aims to provide $10,000 in student debt cancellation for millions of Americans. But for federal Pell grant recipients, that amount is even higher: $20,000 So what exactly is a Pell grant? And why is there a special benefit for people who…
By Harish Sridharan (Reuters) -Retailer Woolworths Group posted a nearly flat annual profit on Thursday, and said supply chain snarls and team absenteeism have dented sales of its key Australian Food business at the start of the new fiscal year. Lockdowns through the course of the year and mandatory staff isolations blew up expenses for…
By Leroy Leo (Reuters) -Salesforce Inc on Wednesday cut its annual revenue and profit forecasts over “measured” spending from clients and a hit from a stronger dollar, sending its shares down 7% in extended trading. Salesforce also announced stock repurchase of up to $10 billion, its first-ever buyback, while warning of challenges in North America…
(Reuters) – Amazon.com Inc plans to shut down its virtual healthcare service by the end of this year, the retailer said on Wednesday, as a deal to buy a rival provider awaits regulatory approval. Company executive Neil Lindsay told staff that Amazon Care, which lets business customers offer digital or at-home doctors’ visits to their…
(Reuters) – White House National Domestic Policy Council Director Susan Rice on Wednesday told reporters that the Biden administration has yet to determine the price tag for President Joe Biden’s newly announced student debt relief program, adding it will depend on how many people apply for relief. “That remains to be determined and it will…
SACRAMENTO, Calif. (AP) — Sephora Inc., one of the world’s largest cosmetics retailers, has settled a lawsuit claiming that the company sold customer information without proper notice in violation of the California’s landmark consumer privacy law, state Attorney General Rob Bonta said Wednesday. Sephora failed to tell customers that it was selling their personal information,…
