The UK’s Financial Conduct Authority (FCA) has imposed a £1.8 million fine on hedge fund manager Crispin Odey and banned him from working in the financial services industry, citing a “lack of integrity.” The Financial Conduct Authority asserted that Crispin Odey “deliberately sought to frustrate” the disciplinary proceedings at his hedge fund, Odey Asset Management… Continue reading Crispin Odey faces £1.8M fine and UK industry ban for obstructing hedge fund probe
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Interview: Our revenue has almost doubled—MetaShot CEO on Shark Tank boost and future plans
Metashot, a Bangalore-based cricket gaming company, recently made waves on Shark Tank India when its founders—Prince Thomas, Ranjit Behera, and Ajith Sunny—sought ₹80 lakh for a 1.5% stake, valuing the company at ₹53 crore. Their pitch drew interest from multiple investors. In the end, Vineeta Singh and Anupam Mittal joined forces to make a counteroffer… Continue reading Interview: Our revenue has almost doubled—MetaShot CEO on Shark Tank boost and future plans
Walgreens to go private in $10B deal with Sycamore: how the pharmacy giant fell from grace
Walgreens Boots Alliance will be taken private by Sycamore Partners in a $10 billion deal, the companies announced Thursday, marking the end of nearly a century of public trading for the US pharmacy giant. The move comes after years of financial turbulence that saw Walgreens’ market value plummet from a peak of $100 billion to… Continue reading Walgreens to go private in $10B deal with Sycamore: how the pharmacy giant fell from grace
Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC
Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz’s board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 million at an average price of $90,296.11 per unit. With this decision, Méliuz joins a group… Continue reading Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC
Trump tariffs could prove to be a menace for homebuyers: here’s why
US housing stocks are having a hard time this year amidst higher tariffs the Trump administration has announced on the likes of Canada and Mexico. Washington relies significantly on foreign imports for materials essential for home construction. These include cement, aluminum, steel, wood products, and even some appliances. As a result, the cost of… Continue reading Trump tariffs could prove to be a menace for homebuyers: here’s why
Alibaba leads Chinese tech rally with DeepSeek rival launch: What investors need to know
A wave of artificial intelligence (AI) developments from Chinese technology firms has triggered a buying frenzy in the nation’s stock market, sending an index of tech companies to its highest level in years. Leading the surge, Alibaba Group Holding Ltd. unveiled its latest AI model, while other major players, including Tencent and Kuaishou Technology, also… Continue reading Alibaba leads Chinese tech rally with DeepSeek rival launch: What investors need to know
Interview: ‘We anticipate short-term pricing pressures,’ says Euro Panel Products MD Rajesh Shah on Trump tariffs
Aluminium composite panels (ACPs) have become a key element in modern architecture due to their versatility, durability, and aesthetic flexibility, and Indian ACP manufacturers are playing a crucial role in pushing the construction material out into the global market. Euro Panel and Products, one of the leading manufacturers of ACP in India, recently made an… Continue reading Interview: ‘We anticipate short-term pricing pressures,’ says Euro Panel Products MD Rajesh Shah on Trump tariffs
Tariffs kick in
February wasn’t a particularly good month for US equities. The first trading day began with a sharp sell-off which saw all the US majors gap lower. Why? Tariffs. Just one week into his second term as President of the United States, and Donald Trump did exactly what he said he would do, announcing swingeing tariffs,… Continue reading Tariffs kick in
From NTPC to Tata Power: 5 power stocks to watch as India braces for extreme summer
India is expected to experience an extreme summer this year, with more heatwave days between March and May in most parts of the country, according to the Indian Meteorological Department (IMD). The forecast, issued on February 28, 2025, predicts above-normal temperatures for most regions, except Northeast India, extreme north India, and some parts of southern… Continue reading From NTPC to Tata Power: 5 power stocks to watch as India braces for extreme summer