Page 640 - Reuters

Goldman Sachs offloads $1 bn of personal loans from Marcus to Varde

Goldman last year stopped personal loans under the Marcus brand and decided to wind down the $4.5 billion loan portfolio

Exxon Mobil Corp to buy Denbury in $4.9 bn all-stock transaction deal

Under the terms of the deal, Denbury shareholders will get 0.84 Exxon shares for each Denbury share they hold

OPEC upbeat over 2024 global oil demand outlook despite headwinds

The report also showed OPEC's oil production rose by 91,000 bpd to 28.19 million bpd in June, led by Iran and Iraq, despite output cuts pledged by OPEC+

Musk's Twitter sues four Texas entities for data scraping, seeks damages

Musk, meanwhile, reiterated the reason for data limits in a reply to a tweet that referenced the data-scraping lawsuit

Brent oil hovers above $80 per barrel after US inflation eases: Report

Markets expect one more interest rate rise before the US rate-hiking cycle peaks. Higher rates can slow economic growth and reduce oil demand

Delta Air forecasts stronger earnings on post-pandemic travel boom

Shares of other airlines also followed Delta's gains, with American Airlines, United Airlines and Southwest Airlines all up about 1.8% before the bell

Weak demand for SBI perpetual bonds as investors seek higher returns

Questions around the viability and pricing of perpetual bonds resurfaced after similar securities were written off as part of the rescue of Credit Suisse in March

Google rolls out AI chatbot Bard to Europe and Brazil, adds more languages

"Starting today, you can collaborate with Bard in over 40 languages, including Arabic, Chinese, German, Hindi and Spanish," Google senior product director Jack Krawczyk said in a blog post

PepsiCo raises revenue, profit forecasts on price hikes and steady demand

PepsiCo's average prices jumped 15% for the quarter ended June 17, while organic volume slipped 2.5%

IMF sees 'pockets of resilience,' slowing momentum in global economy

Reduced supply chain disruptions and lower goods demand means likely disinflationary pressures from goods, the IMF said

Tesla in talks with India to set up factory with 500,000 annual capacity

India was keen for Tesla to manufacture vehicles locally, but the company said it wanted to export its cars first so that it could test the strength of demand

G20 to discuss int'l debt architecture, more loans to developing nations

Countries like Zambia and Ghana have been waiting for big creditors to make progress in providing debt relief under the so called "Common Framework", which is led by the G20

Foxconn-Vedanta JV split credit negative for UK mining firm: CreditSights

CreditSights had previously expected a "minimal credit impact" on Vedanta Resources based on the old arrangement, as Volcan, Vedanta's holding entity was undertaking the semiconductor investments

Godrej Properties wins Gurugram luxury projects, sees $380 mn in revenue

The deal comes amid a boom for luxury housing in India, with home buyers preferring spacious apartments with amenities like concierge services and spas

No need to rethink after online gaming tax backlash: Revenue secretary

The government's decision, announced late on Tuesday, was met with dismay in the $1.5 billion industry, and shares of casino operator Delta Corp and other online gaming companies plunged

APP scam: It's customer's decision, no onus on banks, rules UK top court

A music teacher sued Barclays in 2020 after she was duped of £700,000 in an authorised push payment fraud

Oil prices rise as mild US inflation data calms fear of Fed rate hike

Oil prices also drew support from a weaker dollar and optimism surrounding Chinese stimulus, said Fiona Cincotta, senior financial markets analyst at City Index

Twitter, ChatGPT down for thousands of users, says outage tracking website

OpenAI said it has disabled logins while it works to get the service back up

GST Council's decision on online gaming was unanimous: Revenue Secretary

The government's decision, announced late on Tuesday, created an uproar in the online gaming industry, with shares of casino operator Delta Corp & other online gaming firms plunging in Wednesday trade

GST Council was unanimous in its decision, says revenue secretary

The government's decision, announced late on Tuesday, created an uproar in the $1.5 billion industry, with shares of casino operator Delta Corp & other online gaming firms plunging in Wednesday trade