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Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the Middle East conflict pushes up energy prices, playing into investor fears about inflation and ballooning government debt. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business … Read more
Global bond yields surged Tuesday as renewed tension between the U.S. and Iran reinforced inflation expectations, which increased the prospect of interest-rate hikes in the coming months. The 10-year U.S. Treasury yield rose to 4.798%, the highest since January 2025, according to LSEG data. The … Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and … Read more
Nestle will sell its mainstream vitamins, supplements and minerals business to Yellow Wood Partners, the latest move to tighten its portfolio and focus on core categories. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , Business and Finance , Politics, Entertainment, Sports, Technology, Health, with a focus … Read more
VF 6 from Vinfast VinFast has reportedly paused plans to deepen localisation of three electric vehicles in India as the Vietnamese automaker reassesses development costs. The affected programmes include VF3, VF6 and VF7, according to a Reuters report citing sources and a supplier memo. VF3, VF6 And VF7 Localisation Put On Hold According to the … Read more
Unacademy, once one of India’s most valuable edtech startups, has been acquired by rival upGrad at a valuation of just over $200 million, about 94% less than its 2021 peak valuation. The all-stock deal values Unacademy at ₹19.55 billion (about $206 million), upGrad’s co-founder and chairperson Ronnie Screwvala told TechCrunch. Unacademy shareholders are receiving upGrad … Read more
India’s IT hiring landscape is undergoing a significant change. Layoffs have headlined the global tech landscape for over a year now and the trend continues as the industry faces one its biggest disruptions in recent years. In India too the tech hiring and firing situation is evolving fast.Global tech giant Microsoft has put around 500 … Read more
Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited. Gopali VenkateshThe 2DayBulletins Editorial Team publishes accurate, timely, and well-researched news and articles across Trending Topics , … Read more
A newly constituted five-member Bench of the National Company Law Tribunal (NCLT), New Delhi, on Tuesday (September 1) stayed the approval of a repayment plan proposed by Essel Group founder Dr. Subhash Chandra, under which creditors were to receive ₹6.25 crore against admitted claims totalling ₹22,006.57 crore. The Bench, headed by NCLT President Justice Anupinder … Read more
John Ternus takes over as Apple’s chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence. One of his biggest challenges will be balancing the company’s dependence on China while parrying acute political pressure from the White House. Recommended Stories list of 4 itemsend of … Read more
New Delhi, Aug. 31 — Asian equities mostly ended the final trading session of August lower as sentiment weakened following the latest escalation in Middle East tensions, with crude oil prices jumping sharply. Adding to the cautious mood, global bond yields climbed to multi-year highs as investors braced for the possibility of a rate hike … Read more