The purchase comes as BABA stock faces pressure from rising AI investments weighing on profits even as the equity placement fans dilution concerns. Alibaba Chairman Joseph Tsai purchased $10.3 million worth of company shares on Monday, and CEO Eddie Wu acquired $5 million worth of stock. Alibaba raised over $10 billion in an equity offering … Read more
Canada has imposed retaliatory tariffs on over 700 US goods worth CAD 27.6 billion, matching US tariffs. The move is coupled with a CAD 7.5-billion assistance package for domestic businesses and workers affected by the trade dispute. Canada has announced retaliatory tariffs on more than 700 US goods worth CAD 27.6 billion (about USD 20 … Read more
YSRCP chief YS Jagan Mohan Reddy chaired a high-level meeting, resolving to contest every seat in the upcoming Andhra Pradesh local body elections. The party aims for a complete victory, focusing on grassroots mobilization and fighting for every post. The Yuvajana Sramika Rythu Congress Party (YSRCP) has resolved to field candidates in every single constituency … Read more
US rights body USCIRF has called for targeted sanctions against RSS members and urged the US government to revoke the visa issued to RSS Chief Mohan Bhagwat, alleging that religious freedom conditions in India continue to deteriorate. USCIRF Calls for Sanctions on RSS, Visa Ban for Chief Ahead of the Madison Square Garden address by … Read more
US rights body USCIRF has called for targeted sanctions against RSS members and urged the US government to revoke the visa issued to RSS Chief Mohan Bhagwat, alleging that religious freedom conditions in India continue to deteriorate. USCIRF Calls for Sanctions on RSS, Visa Ban for Chief Ahead of the Madison Square Garden address by … Read more
Sri Lanka reached 83/2 at lunch on Day 4 of the 2nd Test vs India after a follow-on. Trailing by 130 runs, Sooriyabandara (35*) and Mendis (10*) were at the crease. Earlier, Sonal Dinusha scored a century as SL were all out for 290. Sri Lanka reached 83/2 at lunch in their second innings on … Read more
CM DK Shivakumar defended B Nagendra’s cabinet re-induction, citing a report clearing him in the Valmiki Corporation scam. He hit out at the BJP, which is staging protests in the Assembly demanding Nagendra’s resignation over the issue. Karnataka Chief Minister DK Shivakumar on Tuesday defended the government’s decision to reinduct Minister B Nagendra into the … Read more
Karnataka Health Minister UT Khader said a meeting will be held with hoteliers and clubs after raids found food safety lapses. The govt will issue an SOP, provide training, and continue checks. A barcode system for complaints has been introduced. Meeting and Training Planned for Food Establishments Karnataka Health Minister UT Khader on Wednesday said … Read more
Veteran filmmaker Kuku Kohli, known for directing Ajay Devgn’s debut ‘Phool Aur Kaante’, died at 77 from a heart attack. The film industry, including Vicky Kaushal and Katrina Kaif, paid tribute at his last rites in Mumbai. Veteran filmmaker Kuku Kohli died at the age of 77 after suffering a heart attack at Mumbai’s Kokilaben … Read more
Trian was reportedly exploring a potential takeover of Wendy’s earlier this month with a group of investors including BlueFive Capital and Wendy’s franchisee Flynn Group. Nelson Peltz and Trian Partners reportedly hold more than 24% of Wendy’s, making them the company’s largest shareholder. Wendy’s CEO Bob Wright has launched a five-point turnaround plan after acknowledging … Read more