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The Reserve Bank of India (RBI) on Thursday said banks must dispose of immovable assets acquired against bad loans within seven years through a public auctionconducted in accordance with the principles laid down under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act. It also barred banks from…
The FIFA World Cup’s most viral football player left the US with a rather peculiar souvenir. Norway’s striker Erling Haaland returned home after his team lost to England in the quarter-finals on Sunday. He exited the plane at Oslo’s Gardermoen Airport on Monday in style, carrying a $750 taxidermy raccoon in one hand and a…
The cruise industry has largely completed its post-pandemic recovery. Occupancy rates have returned to historical levels, pricing remains healthy, and consumers continue spending on travel despite broader economic uncertainty. With Carnival (CCL 1.75%), Royal Caribbean (RCL 2.38%), and Norwegian Cruise Line (NCLH 0.77%) all reporting earnings over the next two weeks, we’ll soon get another…
Palantir co-founder Peter Thiel made headlines when he decided to relocate with his family to Buenos Aires earlier this summer, purchasing a mansion in an exclusive neighborhood and meeting with President Javier Milei and senior government officials. This is exactly the plan, it turns out — Argentina wants more people like him. The country has been…
Wells Fargo (WFC +0.29%) reports its second-quarter results at about 7 a.m. ET on Tuesday, July 14, with a conference call to follow at 10 a.m. For most big banks, a quarterly report is mainly a read on loan demand, credit costs, and trading. For Wells Fargo, this one carries a question investors have asked…
This as-told-to essay is based on a conversation with Koby Conrad, the 32-year-old founder of Sunflower, an AI companion for sobriety. It’s been edited for length and clarity. I’m originally from Boise, Idaho, and didn’t even realize tech was a thing. My little brother convinced me to move to San Francisco when I was 26….