Sydney, September 12 (Patrika English News): Australia’s Bega Group has sold the assets of its Peanut Company of Australia (PCA) business to local agri-food player Crumpton Group, a move that is expected to preserve around 30 jobs despite the planned closure of operations. Bega announced in July that it would shut down PCA and its … Read more
New York, September 12 (Patrika English News): Shares of Boot Barn Holdings (NYSE: BOOT) have rallied after investors reacted positively to the company’s forward guidance in its recent earnings update. Despite a slight miss on fiscal fourth-quarter estimates, the western and workwear retailer’s outlook reassured markets that tariff pressures would be more manageable than expected. … Read more
New York, September 12 (Patrika English News): U.S. consumer prices rose more than expected in August, with annual inflation hitting a seven-month high. However, analysts say the data is unlikely to derail the Federal Reserve’s expected rate cut next week as labor market signals continue to weaken. The Consumer Price Index (CPI) rose 0.4% in … Read more
Mumbai, September 12 (Patrika English News): Tata Asset Management has announced the launch of the Tata Nifty Next 50 Index Fund, an open-ended scheme designed to replicate the performance of the Nifty Next 50 Index (TRI). The New Fund Offer (NFO) opens on September 12, 2025, and will close on September 26, 2025. The Nifty … Read more
New York, September 12 (Patrika English News): U.S. stocks traded higher on Thursday with the Dow outperforming the S&P 500 and Nasdaq, as fresh CPI inflation and jobless claims data shaped expectations ahead of next week’s Federal Reserve meeting. Micron Technology (NASDAQ: MU) was among the standout movers, climbing 8.5% to around $152 — its … Read more
Shimla, September 12 (Patrika English News): A senior officer of Bank of Baroda has been booked in Shimla for allegedly embezzling over ?3.7 crore from the bank’s Kasumpti branch. The FIR was registered at Chhota Shimla police station following a complaint by the Deputy Regional Manager of the bank. According to the complaint, the officer … Read more
New Delhi, September 12 (Patrika English News): Global markets showed strength on Thursday with Wall Street closing at record highs, European indices posting steady gains, and most Asian markets trading in the green today. Optimism over a possible interest rate cut supported sentiment in the U.S. markets. The Dow Jones crossed the 46,000 mark, while … Read more
Copenhagen, September 12 (Patrika English News): Novo Nordisk has directed all employees to return to the office full-time as its new CEO seeks to speed up decision-making and sharpen commercial execution in the increasingly competitive obesity drug market. The maker of weight-loss drug Wegovy announced the move a day after revealing plans to cut 9,000 … Read more
New York, September 12 (Patrika English News): Shares of Opendoor Technologies (NASDAQ: OPEN) surged more than 55% on Thursday after the real estate platform announced the appointment of Shopify COO Kaz Nejatian as its new chief executive officer. Nejatian replaces former CEO Carrie Wheeler, who stepped down in mid-August under investor pressure. The company also … Read more
New Delhi, September 12 (Patrika English News): Global broker FBS has released a new market analysis positioning Ethereum as a rising financial backbone for Wall Street, driven by institutional adoption, staking, and real-world asset tokenization. According to FBS, billionaire investor Peter Thiel’s support for ETH-focused treasuries underscores how large investors increasingly view Ethereum not only … Read more