Six years after its NYSE debut, the Pennsylvania potato chip maker has agreed to be acquired by Intersnack. The deal will give both family-owned companies a 50 percent stake in Utz.
The rupee gained 28 paise to 96.25 against the US dollar in early trade on Monday, taking cues from a sharp fall in crude oil prices and positive global sentiment after the US and Iran signalled an easing of tensions in West Asia. The American currency index also retreated from an elevated level,…
Factbox-Hong Kong IPO-bound Shein’s management and ownership structure
Myanmar military escalates civilian killings, monitor warns, amid diplomatic push
(RTTNews) – Asian stocks are broadly higher on Monday, supported by a sharp drop in crude oil prices, and slightly easing geopolitical worries following a pause in Middle East tensions over the weekend. Brent crude futures, which fell to $85.50 a barrel, recovered to around $88.50, but were still down nearly 4% from previous close….
Key Points The Vanguard S&P 500 ETF (NYSEMKT: VOO) is one of the best investment vehicles for long-term investors. The index fund tracks the holdings of the S&P 500, a market index of the 500 largest companies in the U.S. This Vanguard ETF has a rock-bottom expense ratio of just 0.03%. That means investors pay…
Shares of AU Small Finance Bank rallied 5% to Rs 1,051 on the BSE on Monday after the private lender reported a 37% year-on-year rise in net profit to Rs 796 crore for the April-June quarter, compared with Rs 581 crore in the same period last year. The bank’s net interest income (NII) rose 31.8%…
Shares of IDFC First Bank rallied as much as 9% to Rs 88 on the BSE on Monday after the lender reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for the quarter ended June 30, 2026. The profit jumped 132.4% year-on-year (YoY) from Rs 463 crore in the corresponding quarter last…
Lower-risk models face excessive reviews, banks say – Risk.net Skip to main content End of drawer navigation content Risk Benchmarking: Validation workload stretching teams, amid emerging regulatory divergence This piece is part of a series benchmarking bank model risk management practices. Risk Management subscribers can view selected cuts of the underlying data here. Sign…
Key Points Coinbase‘s (NASDAQ: COIN) stock has declined more than 60% over the past 12 months. The major cryptocurrency exchange lost its luster as fears of interest rate hikes and other macro headwinds chilled the crypto market. That pullback might seem like a buying opportunity for contrarian investors, but I expect its stock to sink…