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Sensex Hits A Record High Of 62,528.38, Despite Global Gloom

Edited by Rahul Karunakar | Monday November 28, 2022

Stock Market India: The Sensex index hits a record high of62,528.38 on Monday.

China Unrest Rattles Global Markets As Protests Hurt Growth Outlook

Tian Chen, Bloomberg | Monday November 28, 2022

Safe haven assets found buyers while stocks and commodities took a hit as the impact of the protests in China rippled across the globe.

Foxconn's Troubles Mount, Over 20,000 Leave China iPhone Plant: Report

Reuters | Friday November 25, 2022, Taipei

The company could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when the factory's worker troubles started in late October, the source said.

Warren Buffett's Berkshire Discloses $4.1 Billion Stake In Taiwan Semiconductor Manufacturing

Reuters | Tuesday November 15, 2022

Berkshire Hathaway said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing.

Apple's $191 Billion Single-Day Surge Is One For The Record Books

Edited by Rahul Karunakar | Friday November 11, 2022

Apple's market valuation surged by $190.9 billion on Thursday, the biggest ever for a US-listed company, according to Bloomberg data.

Crypto's FTX Chief Looking At All Options After Binance Deal Collapses

Reuters | Thursday November 10, 2022

FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday.

Meta Adds New Tools On Instagram To Help Content Creators Make Money

Reuters | Thursday November 03, 2022

Meta Platforms said it was adding a host of new features to Instagram, in a move that will help content creators monetize.

More Top Executives Quit As Hate Content On Elon Musk's Twitter Surges: Report

Eyeing Return To Global Financial Map, Hong Kong Hosts Summit Amid Geopolitical Tension

Reuters | Monday October 31, 2022, Hong Kong

Hong Kong aims to restore its reputation as a global financial hub by playing host to a bevy of top Wall Street executives this week, defying critics who say a talent crunch and geopolitical tension will hobble its ambition.

Google, Meta Snapping Up Twitter Employees Ahead Of Elon Musk's Planned Takeover: Report

Edited by Amit Chaturvedi | Thursday October 27, 2022

Out of the 7,500 employees of Twitter, more than 1,100 left the company since January, when Elon Musk began acquiring stock in it.

Investors Punish Mark Zuckerberg As Costly Metaverse Pitch Falls Flat

Reuters | Thursday October 27, 2022

Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project.

Netflix Opens Debut Pop-Up Store For Fans

Reuters | Saturday October 22, 2022, Los Angeles

Streaming giant Netflix has opened a Los Angeles store that it hopes will combine retail therapy with an "immersive" experience for fans of its popular "Stranger Things," "Bridgerton," and "Squid Game" shows.

Facebook Warns It Could Block News Content Over Canada's Revenue-Sharing Bill

Reuters | Saturday October 22, 2022, Ottawa

Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns about legislation that would compel digital platforms to pay news publishers.

Thailand May Receive More Than 10 Million Foreign Tourists This Year

Reuters | Thursday September 29, 2022, Bangkok

Thailand may record slightly more than 10 million foreign tourist arrivals this year, the tourism minister said on Friday, as a vital industry has recovered from the impact of the pandemic.

Porsche To Go "Full Throttle" With Blockbuster Initial Public Offering

Agence France-Presse | Thursday September 29, 2022, Frankfurt, Germany

Luxury sports carmaker Porsche will debut on the Frankfurt stock exchange Thursday in one of Europe's biggest listings in years, hoping its brand power can attract investors despite market turbulence.