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India’s Jana Small Finance Bank said on Monday that the TVS Venu Group, led by industrialist Venu Srinivasan, will acquire a 5.64% stake in the lender through the issuance of warrants worth 3.17 billion rupees ($32.9 million). The investment will be made through GWC Family Fund Investments, which is part of the TVS Venu Group.… Continue reading TVS Venu Group to acquire 5.64% stake in Jana Small Finance Bank

European shares moved lower on Monday as rising oil prices and continued bond sell-offs heightened inflation concerns, while the absence of any breakthrough between the United States and Iran kept investors cautious. The pan-European STOXX 600 index slipped 0.7% to 602.52 points as of 0703 GMT, extending losses after ending the previous week in negative… Continue reading European shares fall as oil prices surge amid US-Iran tensions

Lumen Technologies, once dismissed as a penny stock, is staging one of Wall Street’s most unexpected comebacks, with analysts pointing to its pivot into artificial intelligence (AI) connectivity as the driver of a 660% surge in its share price over the past two years, the Motley Fool said in a report.  The company, long seen… Continue reading Lumen targets AI-driven expansion in 2026 after 660% stock rebound

HSBC has launched a $4 billion credit facility aimed at helping mainland Chinese companies in sustainable and transition technologies expand internationally. The new programme, announced on Monday, is designed to support firms operating in sectors including renewable energy, electric vehicles, artificial intelligence and data infrastructure as China accelerates its push into global clean technology markets.… Continue reading HSBC’s $4 billion China bet: is clean tech entering a new boom?

Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours. Investors reacted to India’s surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS. The precious metal also came under pressure from a… Continue reading Silver falls again: are Fed rate fears about to hit prices harder?

Asian markets fell sharply on Monday after drone strikes in the Gulf reportedly triggered a fire at a nuclear power facility in the UAE, lifting oil prices and reigniting fears over inflation, tighter monetary policy and slower global growth. The renewed geopolitical tensions pushed investors away from equities and into defensive positions, while global bond… Continue reading Kospi slides as Gulf strikes rattle oil, bonds and Asian markets

Samsung stock swung sharply last week as fears over a massive worker strike erased billions from the company’s market value. The stock fell as much as 9.3% as labor talks broke down and a planned strike drew closer, then recovered on Monday after South Korea’s government stepped in to cool the dispute. The immediate question… Continue reading Samsung stock jump 5%: is the strike crisis finally easing?