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U.S. shoppers are willing to spend this holiday season — despite falling consumer confidence and anxiety over prices — but only if the deals are there, Tanger CEO Stephen Yalof told CNBC on Tuesday. “Retailers are discounting to meet the consumer, and the consumer is responding by shopping,” Yalof said on CNBC’s “Money Movers.” Yalof said…
👉 Visit the Official SleepLean Website Bengaluru: Axis International, controlled by Indian-origin billionaire Pankaj Oswal, has initiated an arbitration seeking at least $28.9 billion in compensation against the Republic of Guinea at the World Bank. The company has alleged unlawful revocation of its mining rights at one of the country’s largest bauxite operations.The United Arab…
WOG Technologies has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO) comprising a fresh issue of shares worth ₹375 crore. Apart from the fresh issue, there will be an offer-for-sale (OFS) component of 43.28 lakh equity shares by promoters and existing shareholders, according to the…
Retail investors suffered huge losses in futures and options (F&O) segment, evident from a SEBI study. Will it help if retail investors are prevented from taking exposure to risky instruments? Here, we discuss why such measures may not always be the optimal answer to helping such market participants. Risk compensation Individuals arguably adjust behaviour to…
India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas. It says the companies failed to produce from offshore fields, as per three people with knowledge of the matter. A tribunal has been hearing the dispute in India since 2016 over gas produced from two deepwater…
Beverage made from Camellia sinensis leaves can only be branded as ‘tea’. File. | Photo Credit: K. Ananthan The Rooibos Tea, Herbal Tea, or Flower Tea promoted as healthy beverages may soon lose the ‘tea’ tag. The Food Safety and Standards Authority of India (FSSAI) issued a clarification on December 24, asserting that a beverage…
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Mary Barra, CEO of General Motors, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025. David A. Grogan | CNBC DETROIT — General Motors is on pace to be the top U.S.-traded automaker stock of 2025, as shares of…
Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets…
