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Showing posts from August, 2021

Financial bids for BPCL after September

Initially, the department of investment and public asset management (Dipam) wanted to conclude the BPCL transaction by the June quarter. But the second wave of Covid delayed the processes. “The due diligence process is going on. It will take some more time,” a senior official said. from The Financial Express https://ift.tt/3jvUMMg https://ift.tt/eA8V8J Prasanta Sahu

FOX BIZ NEWS: White House monitoring for fuel shortages after Ida, open to invoking Jones Act

White House monitoring for fuel shortages after Ida, open to invoking Jones Act White House press secretary Jen Psaki said Monday that the Biden administration is monitoring potential fuel shortages in the states most impacted by Hurricane Ida, saying it was open to issuing a Jones Act waiver that would lift certain fuel restrictions. via FOX BUSINESS NEWS https://ift.tt/3ysuKhu

Power plants’ regulated coal intake resulted in shortage at their end: CIL

Despite overdues of Rs 17,000 crore from gencos generating 20,000 MW as of July, CIL has not stopped supplying coal to power plants, though supply is restricted to the minimum quantity required. State gencos of Maharashtra, Rajasthan, Madhya Pradesh and West Bengal have long pending overdues. from The Financial Express https://ift.tt/3zJ4jpj https://ift.tt/eA8V8J Indronil Roychowdhury

FOX BIZ NEWS: PayPal considers launching stock-trading platform: report

PayPal considers launching stock-trading platform: report PayPal Holdings Inc. is looking into launching a stock-trading platform, according to a report. via FOX BUSINESS NEWS https://ift.tt/38mMD6K

Non-food credit growth rises to February level of 6.6% during fortnight ended Aug 13

As on August 13, outstanding non-food credit stood at Rs 108.17 lakh crore, showed data released by the Reserve Bank of India (RBI). Deposit growth rose to 10.58% y-o-y from 9.8% in the previous fortnight. The value of bank deposits was Rs 155.7 lakh crore as on August 13. from The Financial Express https://ift.tt/38q3Xrt https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: Afghanistan's collapse leaves unused $6B in military funding in limbo

Afghanistan's collapse leaves unused $6B in military funding in limbo Afghanistan's sudden collapse to the Taliban two weeks ago and the impending withdrawal of U.S. forces has left the Pentagon with at least $6 billion in unspent funds for Afghan military training. via FOX BUSINESS NEWS https://ift.tt/3sYTNYc

FOX BIZ NEWS: Fmr. Afghanistan mayor details Taliban escape: ‘Never expecting them to leave me alive’

Fmr. Afghanistan mayor details Taliban escape: ‘Never expecting them to leave me alive’ Zarifa Ghafari, a former Afghanistan mayor, described her dramatic escape from the country, saying that she is at “the top” of the Taliban’s “blacklist” and, therefore, was “never expecting them to leave me alive.” via FOX BUSINESS NEWS https://ift.tt/3BkhKMy

FOX BIZ NEWS: Virginia residents plead guilty in unemployment fraud case

Virginia residents plead guilty in unemployment fraud case More southwest Virginia residents who prosecutors say conspired with dozens of others to file fraudulent claims for pandemic unemployment benefits have pleaded guilty. via FOX BUSINESS NEWS https://ift.tt/3DrpFJL

Idea Exchange | In House, we took everyone along… Rahul Gandhi came forward.. No doubt we will fight future elections together: Mallikarjun Kharge, Leader of Opposition, Rajya Sabha

"When there is a demand for discussion from all parties, why are the Prime Minister and Home Minister missing from Parliament? They need to explain since it concerns issues of security, snooping, privacy," says Kharge. from The Financial Express https://ift.tt/3BjeHnW https://ift.tt/eA8V8J FE Bureau

My Art, My Right: Creative community gears up to fight abuse, harassment and fakes

For decades, artists in the country have been dragged to court for alleged offences such as obscenity, hurting people’s sentiments, etc, even while battling systemic abuse, as well as the issue of fakes. But now, the creative community is gearing up through dedicated forums to navigate the complex web of laws related to the field of arts to fight abuse, harassment and fakes from The Financial Express https://ift.tt/3zmg9oW https://ift.tt/eA8V8J Faizal Khan

FOX BIZ NEWS: Taliban prepare to set up new Afghan government as U.S. evacuation nears end

Taliban prepare to set up new Afghan government as U.S. evacuation nears end The Taliban said on Saturday they would announce a new government for Afghanistan in the coming week and expected the economic turbulence and sharp currency falls that followed their take-over of the city two weeks ago to subside quickly. via FOX BUSINESS NEWS https://ift.tt/3yoeKgj

FOX BIZ NEWS: Denmark to scrap COVID-19 restrictions

Denmark to scrap COVID-19 restrictions Denmark announced Friday that it will lift all remaining coronavirus restrictions on Sept. 10, with the apparent exception of regulations placed on unvaccinated foreign travelers. via FOX BUSINESS NEWS https://ift.tt/2Wvkbga

Investors asked to vote against JSPL plan to sell 96.42% in Jindal Power

The company’s debt for 9 months of FY21 was at Rs 6,760 crore, a drastic reduction from Rs 7,390 crore posted for the 12-month period of previous financial year. (IiAS said that JPL did not disclose cash profits and debt levels when it announced in fourth quarter results in FY21.) from The Financial Express https://ift.tt/2Y8kDC5 https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: Rivian files for IPO reportedly with $80 billion valuation

Rivian files for IPO reportedly with $80 billion valuation Electric vehicle maker Rivian has filed to go public. via FOX BUSINESS NEWS https://ift.tt/3BoaWh7

New IT rules: Delhi High Court asks govt to respond to WhatsApp challenge

WhatsApp also said that that the rules "enables government officials, law enforcement, journalists, members of ethnic or religious groups, scholars, teachers, students, and the like to exercise their right to freedom of speech and expression without fear of retaliation". from The Financial Express https://ift.tt/3ynOPW7 https://ift.tt/eA8V8J FE Bureau

We are informing global investors about huge market opportunity in India: Sumant Sinha, Chairman & MD, ReNew Power

Since the listing began with a market capitalisation of $4.5 billion, it will possibly help us raise capital easily and we also hope to lower finance cost in the long run. The green bonds will be continued for debt financing. from The Financial Express https://ift.tt/2WyDDIM https://ift.tt/eA8V8J Anupam Chatterjee

FOX BIZ NEWS: After Supreme Court strikes down eviction moratorium, Dems urge Pelosi, Schumer to revive ban

After Supreme Court strikes down eviction moratorium, Dems urge Pelosi, Schumer to revive ban Progressive lawmakers on Friday urged Democratic leaders to pass legislation extending a federal ban on evictions until the COVID-19 pandemic ends. via FOX BUSINESS NEWS https://ift.tt/2Woqmmd

FOX BIZ NEWS: Fed’s Bullard warns of 'aggressive' inflation action if Fed doesn't taper soon

Fed’s Bullard warns of 'aggressive' inflation action if Fed doesn't taper soon James Bullard reacts to Fed Chair Jerome Powell's speech on inflation and winding down asset purchases. via FOX BUSINESS NEWS https://ift.tt/3mDYmGd

FOX BIZ NEWS: Stocks slide amid Afghanistan chaos

Stocks slide amid Afghanistan chaos U.S. stock indexes fell Thursday as chaos deepened in Afghanistan following two explosions outside the airport in Kabul. via FOX BUSINESS NEWS https://ift.tt/3DoUEpO

FOX BIZ NEWS: Ex-Navy SEAL who killed bin Laden on marines killed in Kabul airport explosions: It's a 'sad day'

Ex-Navy SEAL who killed bin Laden on marines killed in Kabul airport explosions: It's a 'sad day' Ex-Navy SEAL Robert O'Neill discusses the deadly attacks near Kabul airport and the urgency to evacuate Americans. via FOX BUSINESS NEWS https://ift.tt/2WoNSQ0

FOX BIZ NEWS: Afghanistan evacuation effort sparks bottleneck at Dulles Airport

Afghanistan evacuation effort sparks bottleneck at Dulles Airport The Pentagon effort to use U.S. airlines to ease crowded conditions at overseas military bases is creating a new bottleneck at Dulles International Airport, where planes carrying Afghan refugees are stacking up on the tarmac as officials take up to 10 hours to process passengers before they can depart. via FOX BUSINESS NEWS https://ift.tt/3znEyKK

FOX BIZ NEWS: Verizon promotes defunding police and idea America is fundamentally racist: report

Verizon promotes defunding police and idea America is fundamentally racist: report Telecommunications giant Verizon rolled out a diversity training that advocated for defunding the police and controversial ideas associated with critical race theory, according to a new report. via FOX BUSINESS NEWS https://ift.tt/3mGZlpn

FOX BIZ NEWS: Afghanistan chaos reflects Biden admin’s ‘mismanagement’: Eric Cantor

Afghanistan chaos reflects Biden admin’s ‘mismanagement’: Eric Cantor Former House Majority Leader Eric Cantor (R) argued the Biden administration’s withdrawal from Afghanistan has hurt America’s position as a global leader. via FOX BUSINESS NEWS https://ift.tt/38ecIoz

FOX BIZ NEWS: Afghanistan is ‘type of country’ terrorists want to rule, DHS secretary under Obama says

Afghanistan is ‘type of country’ terrorists want to rule, DHS secretary under Obama says Jeh Johnson reacts to Afghanistan terror attacks as dire evacuation efforts continue. via FOX BUSINESS NEWS https://ift.tt/3ksBKFZ

FOX BIZ NEWS: Afghanistan exit: Tennessee Rep. Mark Green, a combat veteran, calls for extension of Aug. 31 deadline

Afghanistan exit: Tennessee Rep. Mark Green, a combat veteran, calls for extension of Aug. 31 deadline Rep. Mark Green, R-Tenn., is calling on the Biden administration to extend its Aug. 31 deadline to completely withdraw the U.S. Military from Afghanistan. via FOX BUSINESS NEWS https://ift.tt/3zpebEu

FOX BIZ NEWS: It's time for US to 'go on offense' to combat cybercrime: CrowdStrike founder

It's time for US to 'go on offense' to combat cybercrime: CrowdStrike founder Dmitri Alperovitch reveals where the top ransomware hackers are based on 'The Claman Countdown.' via FOX BUSINESS NEWS https://ift.tt/3Beuy74

FOX BIZ NEWS: This FANG stock could be biggest bargain in Big Tech

This FANG stock could be biggest bargain in Big Tech Octavia Wealth Advisors partner and wealth advisor Luis Strohmeier backs investing in Amazon. via FOX BUSINESS NEWS https://ift.tt/3Dkpm3F

FOX BIZ NEWS: YouTuber investors keep diamond hands on AMC shares

YouTuber investors keep diamond hands on AMC shares Investing YouTubers Trey Collins Matt Kohr discuss AMC shares on ‘Making Money.’ via FOX BUSINESS NEWS https://ift.tt/3myhrJZ

FOX BIZ NEWS: Vast Bank promises crypto investors no lockouts

Vast Bank promises crypto investors no lockouts Vast Bank CEO Brad Schrivner explains how the bank provides an easy way for customers to buy and sell crytocurrency on 'The Claman Countdown' via FOX BUSINESS NEWS https://ift.tt/3BeqlAi

FOX BIZ NEWS: Dem Rep Schrader stands to personally benefit from infrastructure package, filing suggests

Dem Rep Schrader stands to personally benefit from infrastructure package, filing suggests Schrader has been a vocal proponent in urging the passage of the infrastructure legislation, even joining eight other moderate Democrats in threatening to walk from the vote on the House’s $3.5 trillion budget resolution if the bill isn’t brought up before the budget. via FOX BUSINESS NEWS https://ift.tt/3sL5im7

FOX BIZ NEWS: The Taliban economy: Will drugs be enough to support the Afghan people?

The Taliban economy: Will drugs be enough to support the Afghan people? The Taliban will soon be finding that managing a country can be quite expensive. via FOX BUSINESS NEWS https://ift.tt/38aHLkY

FOX BIZ NEWS: Second largest US mortgage lender accepting Bitcoin: 'We’re just giving options'

Second largest US mortgage lender accepting Bitcoin: 'We’re just giving options' United Wholesale Mortgage CEO Mat Ishbia discussed plans to accept Bitcoin and other cryptocurrency payments this year, noting that the move won't create added risk for the company. via FOX BUSINESS NEWS https://ift.tt/3mx8alm

FOX BIZ NEWS: Bitcoin to be accepted by second largest US mortgage lender to provide 'options'

Bitcoin to be accepted by second largest US mortgage lender to provide 'options' United Wholesale Mortgage CEO Mat Ishbia says accepting cryptocurrencies as payments won't create added risk for the company. via FOX BUSINESS NEWS https://ift.tt/3knT2Ei

FOX BIZ NEWS: Tampa-based company uses unique technology to help evacuate people from Afghanistan

Tampa-based company uses unique technology to help evacuate people from Afghanistan Quiet Professionals president and CEO Andy Wilson on how the company is using its defense technology to evacuate people from Afghanistan. via FOX BUSINESS NEWS https://ift.tt/3yfGofy

FOX BIZ NEWS: Drones, weapons left behind in Afghanistan due to ‘failure’ of Biden admin: Expert

Drones, weapons left behind in Afghanistan due to ‘failure’ of Biden admin: Expert ‘The Drone Warrior’ author Brett Velicovich discusses the potential long-term impacts the withdrawal in Afghanistan will have. via FOX BUSINESS NEWS https://ift.tt/3DhJXFv

FOX BIZ NEWS: Senate tax plan would raise penalties on US companies shifting profits overseas

Senate tax plan would raise penalties on US companies shifting profits overseas U.S. corporations would be hit with steeper penalties for shifting profits overseas under a draft proposal unveiled Wednesday by Senate Democrats as lawmakers look to generate revenue for President Biden's sweeping, multitrillion-dollar economic plan. via FOX BUSINESS NEWS https://ift.tt/3yhYSMf

FOX BIZ NEWS: Ilhan Omar appears to have filed incomplete financial disclosure

Ilhan Omar appears to have filed incomplete financial disclosure Omar’s most recent personal financial disclosure includes only five assets, with four of those listed belonging to her husband, Tim Mynett. via FOX BUSINESS NEWS https://ift.tt/3guiM0s

FOX BIZ NEWS: Pelosi praises spending bill advancing as ‘great day of pride’ for US amid Afghanistan crisis

Pelosi praises spending bill advancing as ‘great day of pride’ for US amid Afghanistan crisis Pelosi spoke on the House floor Tuesday in support of the Democrats’ economic and elections agenda, taking to the floor to promote their budget proposal, infrastructure package and voting overhaul. via FOX BUSINESS NEWS https://ift.tt/3gwd1PT

FOX BIZ NEWS: Biden administration urges Supreme Court to preserve eviction moratorium

Biden administration urges Supreme Court to preserve eviction moratorium The Biden administration on Monday asked the Supreme Court to keep in place the moratorium on evictions in parts of the country hit hardest by the coronavirus pandemic, arguing the spread of the highly contagious delta variant increased the need for tenant protections. via FOX BUSINESS NEWS https://ift.tt/3sQNFBh

FOX BIZ NEWS: Biden administration freezes $7B in Afghan reserves, limiting Taliban cash access

Biden administration freezes $7B in Afghan reserves, limiting Taliban cash access The Biden administration reportedly froze Afghan government reserves held in U.S. banks on Sunday, blocking the Taliban from accessing billions of dollars shortly after the group seized the capital city of Kabul, leaving the U.S.-backed government in collapse. via FOX BUSINESS NEWS https://ift.tt/3z5LY5h

FOX BIZ NEWS: Alphabet's Waymo launches autonomous taxi service test in San Francisco

Alphabet's Waymo launches autonomous taxi service test in San Francisco Waymo, Aphabet's autonomous driving tech company, is testing out its taxi service in San Francisco. via FOX BUSINESS NEWS https://ift.tt/3gtr2y2

FOX BIZ NEWS: Mitt Blockhain CEO: Bigger corporations seeing 'legitimacy' of cryptocurrency

Mitt Blockhain CEO: Bigger corporations seeing 'legitimacy' of cryptocurrency Mitt Blockhain CEO Grant Mitterlehner discusses the future and longevity of cryptocurrencies. via FOX BUSINESS NEWS https://ift.tt/3sHfhc9

FOX BIZ NEWS: Taliban sitting on $1T worth of minerals, metals in Afghanistan

Taliban sitting on $1T worth of minerals, metals in Afghanistan FOX Business' Jackie DeAngelis reports on the economic implications of the Taliban sitting on about $1 trillion worth of metals and minerals in Afghanistan, which includes lithium, a metal in high demand as it's used to make chips. via FOX BUSINESS NEWS https://ift.tt/387jbBu

FOX BIZ NEWS: VA Tech student describes Taliban-controlled Afghanistan as ‘terrifying’ for stranded family, begs for help

VA Tech student describes Taliban-controlled Afghanistan as ‘terrifying’ for stranded family, begs for help College student makes emotional plea on 'Varney & Co.' after detailing her family’s experience under the Taliban’s control via FOX BUSINESS NEWS https://ift.tt/3mA5Qu5

FOX BIZ NEWS: Amazon CEO to visit White House this week

Amazon CEO to visit White House this week Amazon CEO Andy Jassy will be visiting the White House later this week, according to people familiar with the matter. via FOX BUSINESS NEWS https://ift.tt/3yfjaWA

Better realisation from sugar retail sales boosted bottom line in FY21: EID Parry

S Suresh, MD, EID Parry, in a message to shareholders in the annual report 2021, said its focus on improving efficiencies in the systems and processes, lowering interest cost, and better realisation from sugar retail and alcohol sales have helped in enhancing the company’s bottom line. from The Financial Express https://ift.tt/3zfvojE https://ift.tt/eA8V8J Sajan C Kumar

Panel aims to double manufacturing exports in 5 years, slash imports

The Steering Committee for Advancing Local Value-Add and Exports (SCALE), a joint government and industry panel under Welspun Group chairman BK Goenka, has said focus on these three critical factors would catalyse incremental domestic value addition of $350-380 billion over the next five years. from The Financial Express https://ift.tt/386jLPX https://ift.tt/eA8V8J Banikinkar Pattanayak

FOX BIZ NEWS: Pentagon denies US paid Taliban for freedom of movement to airport

Pentagon denies US paid Taliban for freedom of movement to airport Pentagon Press Secretary John Kirby denied that the U.S. has made payments to the Taliban to secure free movement of U.S. citizens via FOX BUSINESS NEWS https://ift.tt/3msszbq

FOX BIZ NEWS: Moderate Dems demand Pelosi hold standalone infrastructure vote, threatening reconciliation bill

Moderate Dems demand Pelosi hold standalone infrastructure vote, threatening reconciliation bill A group of moderate Democrats is clashing with House Speaker Nancy Pelosi over when to vote on a roughly $1 trillion bipartisan infrastructure bill – potentially imperiling a key part of President Biden's legislative agenda. via FOX BUSINESS NEWS https://ift.tt/3mv6E38

Your Queries (Mutual Funds): Withdrawal via SWP is redemption; capital gains from MF are taxable

Any withdrawal would lower your portfolio value to the extent of the amount withdrawn, and you may also lose out on any subsequent gains on the withdrawn corpus that would have accrued till the end of your investment horizon. from The Financial Express https://ift.tt/3mpW11r https://ift.tt/eA8V8J Dhaval Kapadia

Embedded Value: How need for life insurance changes at each life stage

A young man at the threshold of his working life is a potential wealth creator not only for himself but also for his parents, spouse and children; and his sudden demise because of sickness or accident might cause unimaginable hardship to the surviving members of the family. from The Financial Express https://ift.tt/3Dbgm0p https://ift.tt/eA8V8J Kamalji Sahay

FOX BIZ NEWS: Richard Branson's Virgin Orbit to go public through SPAC

Richard Branson's Virgin Orbit to go public through SPAC Richard Branson's satellite launch company Virgin Orbit will make its stock market debut on the Nasdaq through a merger with special purpose acquisition company NextGen Acquisition Corporation II. via FOX BUSINESS NEWS https://ift.tt/3B71oHa

Amity University gets patents award

“India’s ranking in the Global Innovation Index has improved to 48th in 2020 (a jump of 33 ranks from 81st in 2015-16). We must all work in a mission mode to achieve the target of being in the top-25 nations in this index.” from The Financial Express https://ift.tt/3j7SZgt https://ift.tt/eA8V8J FE Bureau

South City setting up Rs 600 cr project in Kolkata to tap growing wellness market

The project, South City Ayurveda & Wellness Retreat, will be a luxury township spread over 80 acres of land on the Basanti Highway. For the project, South City has collaborated with Carnoustie Management (India), an internationally recognized brand in the luxury hospitality and wellness space. from The Financial Express https://ift.tt/3ml56c0 https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: US considers ordering commercial airlines to help in Afghan evacuation

US considers ordering commercial airlines to help in Afghan evacuation The Biden administration is planning a dramatic ramp-up of its airlift from Kabul by making preparations to compel major U.S. airlines to help with the transportation of tens of thousands of evacuees from Afghanistan, while expanding the number of U.S. military bases that could house Afghans. via FOX BUSINESS NEWS https://ift.tt/2UF7aQI

PLI scheme for wearable devices by April 2022

“We are holding consultations with the industry regarding the PLI scheme. The outlay for the scheme will be decided based on the level of manufacturing commitment by the companies. We want to achieve manufacturing to the tune of $15-$20 billion for the next four-five years,” said an official. from The Financial Express https://ift.tt/3D5FTrW https://ift.tt/eA8V8J Kiran Rathee

Ubharte Sitaare Fund: Rs 250-crore export-oriented fund for MSMEs launched

The fund, jointly sponsored by Exim Bank and SIDBI, has a size of Rs 250 crore with a green shoe option of Rs 250 crore. The fund will invest by way of equity, and equity-like products, in export-oriented units, both in the manufacturing and services sectors. from The Financial Express https://ift.tt/3giVlaf https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: State Department hit by cyber attack, source says

State Department hit by cyber attack, source says The State Department is the latest to fall victim to a cyberattack and the notification of a possible serious breach was made by the Department of Defense Cyber Command, a source told Fox News Saturday. via FOX BUSINESS NEWS https://ift.tt/3z7avqx

FOX BIZ NEWS: Liz Shuler: What to know about AFL-CIO's first female president

Liz Shuler: What to know about AFL-CIO's first female president With the death of its longtime leader, Richard Trumka, the AFL-CIO is about to enter a new era. The decades-old organization voted on Friday to elect its first female president, Liz Shuler. via FOX BUSINESS NEWS https://ift.tt/3z6j45a

Idea Exchange| A competent, powerful Union govt is clearly needed… But can’t rule which school gets toilet sitting in Delhi: Tamil Nadu Finance Minister PTR Palanivel Thiaga Rajan

"During the initial lockdown easing, the Union Home Ministry was trying to tell us when we could or couldn’t open barber shops. How does it make sense to have a national policy on barber shop opening?" Tamil Nadu Finance Minister PTR Planivel Thiaga Rajan says. from The Financial Express https://ift.tt/3ke5tlV https://ift.tt/eA8V8J FE Bureau

Let’s get talking: It’s time for candid, academic, cathartic conversations

The pandemic put an end to social gatherings and impromptu chatter. Starved of conversation, be it casual, purpose-driven, intellectual, business-oriented or even inane, an increasing number of people are now taking to social audio apps like Clubhouse and Twitter Spaces to talk to their heart’s content from The Financial Express https://ift.tt/3j3a0Iu https://ift.tt/eA8V8J Vaishali Dar

FOX BIZ NEWS: Manny Paquiao’s future: Politics, cryptos, hydrogen water after Ugás fight

Manny Paquiao’s future: Politics, cryptos, hydrogen water after Ugás fight Boxing legend Manny Pacquiao joins FOX Business Senior Correspondent, Charlie Gasparino, to discuss his next big fight, politics and crypto. via FOX BUSINESS NEWS https://ift.tt/2WgeIKl

Pest attacks threaten to cut maize output, potentially disrupting government’s plan to boost cereal’s exports

When the FAW attacked maize in Karnataka three years ago, 40-60% of the crop was impacted, leading to a drop in yield. In 2019, over two million hectares of the country’s normal area of eight million hectares reported pest attacks. from The Financial Express https://ift.tt/3D42JQL https://ift.tt/eA8V8J FE Bureau

FOX BIZ NEWS: Winnebago moves headquarters from Iowa to Minnesota

Winnebago moves headquarters from Iowa to Minnesota Based in Forest City, Iowa, since its founding in 1958, the company said Thursday that the shift to Eden Prairie, Minnesota, will be effective Dec. 1. via FOX BUSINESS NEWS https://ift.tt/3sxBGs4

FOX BIZ NEWS: James Bond producers shoot down Amazon TV series rumors following MGM acquisition

James Bond producers shoot down Amazon TV series rumors following MGM acquisition The longtime producers of the “James Bond” film franchise appeared to shut down rumors this week about a possible Amazon TV series based on the famous character following the ecommerce giant’s recent acquisition of MGM Studios. via FOX BUSINESS NEWS https://ift.tt/3B39H6T

FOX BIZ NEWS: Palantir’s billionaire CEO gives ousted hermit $180K to rebuild cabin

Palantir’s billionaire CEO gives ousted hermit $180K to rebuild cabin The billionaire founder of data analytics firm Palantir donated $180,000 to a former hermit in New Hampshire so he can rebuild his cabin, which burned down amid a property dispute earlier this month — but in a new location. via FOX BUSINESS NEWS https://ift.tt/3y4afYi

FOX BIZ NEWS: China passes one of the world’s strictest data-privacy laws

China passes one of the world’s strictest data-privacy laws China has approved a sweeping privacy law that will curb data collection by technology companies, but that policy analysts say is unlikely to limit the state’s widespread use of surveillance. via FOX BUSINESS NEWS https://ift.tt/3miPfut

FOX BIZ NEWS: ‘Flash recession' could hit markets by the fall

‘Flash recession' could hit markets by the fall Markets are acting like the global economy is headed for a slowdown, according to Bank of America. via FOX BUSINESS NEWS https://ift.tt/3AZ3AjP

FOX BIZ NEWS: Stocks claw higher, oil sinks to $62 level

Stocks claw higher, oil sinks to $62 level U.S. stock indexes traded cautiously Friday as investors remained skittish over the timeline of the Federal Reserve’s plans to taper its asset purchases. via FOX BUSINESS NEWS https://ift.tt/3ggpbwo