Market Close Highlights: Sensex ends down 450pts, Nifty at 21,995; Major sectoral indices red, broader markets end mixed Foreign institutional investors (FIIs) net sold shares worth ₹4,468.09 crore, while domestic institutional investors (DIIs) purchased ₹2,040.38 crore worth of stocks on April 16, provisional data from ... 04/18/2024 - 10:47 am | View Link
Here Are Five Things China Economists Are Watching to Gauge If Rebound is Real The world’s second-largest economy started the year on solid footing, as China’s factories revved up. Analysts warn that growth will be tough to maintain without broader improvement. 04/15/2024 - 1:50 am | View Link
3 U.S. Industries That Could Be Slammed by Another Bout of ‘China Shock’ Throughout March, there was some fluctuation in manufacturing-related indicators, which gauge the mood and expectations of businesses. The S&P Global U.S. Manufacturing PMI fell in March, although the ... 04/14/2024 - 11:49 pm | View Link
Five Things China Economists Are Watching to See If Rebound Is Real The world’s second-largest economy started the year on solid footing, as China’s factories revved up. Analysts warn that growth will be tough to maintain without broader improvement. 04/14/2024 - 1:00 pm | View Link
Manufacturing pickup is good news for the world economy The gentle upswing in manufacturing should be welcomed rather than scoured for caveats. The good news is that the global economy appears to have avoided a protracted downdraft, something that looked ... 04/2/2024 - 5:30 pm | View Link
Apple Inc. said that it removed Meta Platforms Inc.’s WhatsApp and Threads from its China apps store after an order from the country’s internet regulator, which said the services pose risks to the country’s security.
The order comes on the heels of a cleanup program Chinese regulators initiated in 2023 that was expected to remove many defunct or unregistered apps from domestic iOS and Android stores.
Ibotta, the Denver-based digital marketing and consumer rebate platform, raised $328 million for its investors and $198 million for itself in an initial public offering that outstripped expectations this week.
Underwriters had expected the company could get between $76 to $84 a share, in an offering that was intended to allow earlier investors to exit with a nice return.