© Reuters. The Indian government’s revised regulations for the asset valuer role at IDBI Bank could hasten the proposed state-equity sale, announced on Friday. Initially, the Request For Proposal (RFP) had stringent requirements such as registration with the Insolvency and Bankruptcy Board of India (IBBI) and an annual turnover of…

© Reuters. Shares of T2 Biosystems (NASDAQ:) (NASDAQ: TT00), a diagnostics company specializing in sepsis and antibiotic resistance detection, plunged by 53% today following the release of preliminary Q3 earnings and a 1-for-100 reverse stock split announcement. The firm reported Q3 earnings of $1.5 million, marking a significant 60% decrease…

© Reuters. Investing.com – The Dow eked out a gain to end the week higher Friday, as Wall Street banks kicked off the earnings season with better-than-expected quarterly results, though investors had to contend with a bout of volatility amid rising geopolitical tensions. The rose 0.1%, 39 points, and the …

© Reuters. FILE PHOTO: The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg/File Photo By Douglas Gillison and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Friday agreed to roll out new rules aimed at boosting transparency of…

© Reuters. The U.K.’s Competition and Markets Authority (CMA), under the leadership of CEO Sarah Cardell, is inviting public feedback on the proposed merger between telecom giants Vodafone (NASDAQ:) and Three. The announcement was made on Friday, inviting third parties to discuss the merger, which was agreed upon in June…

© Reuters. FILE PHOTO: A Tesla logo is seen outside a showroom of the carmaker in Beijing, China May 31, 2023. REUTERS/Thomas Peter/File Photo By Tom Hals WILMINGTON, Delaware (Reuters) -Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of…

© Reuters. FILE PHOTO: A newly remodeled Ford F250 Super Duty truck is displayed at the new Louisville Ford truck plant in Louisville, Kentucky, U.S. September 30, 2016. REUTERS/Bryan Woolston/File Photo By David Shepardson (Reuters) – Ford Motor (NYSE:) said on Friday it will temporarily cut one of three shifts…

© Reuters. Express Inc., the company behind 530 Express outlets and brands such as Bonobos and UpWest in the US and Puerto Rico, has announced plans to award its CEO Stewart Glendinning with 150,000 Performance Share Units (PSUs) on Sunday, October 15, 2023. The distribution of these units is tied…

© Reuters. In a recent turn of events, PNC Bank has purchased the assets of the defunct Signature Bank (OTC:) from the Federal Deposit Insurance Corporation’s (FDIC) temporary establishment, Signature Bridge Bank, N.A., for a total of $16.6 billion. The acquisition includes $9 billion in funded loans and is projected…

© Reuters. K&S Corporation Limited (ASX:KSC), an Australian logistics company, is due to trade ex-dividend on Wednesday, October 18th. Investors who purchase shares after this date won’t qualify for the upcoming dividend of AU$0.08 per share, set to be distributed on November 3rd. The upcoming dividend contributes to an annual…