(Reuters) – Uber Technologies Inc shares fell as much as 10% on Monday, doubling losses since its poorly-received Wall Street debut on Friday and raising more questions about investors’ faith in its ability to make profits. A screen displays the company logo …
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North India based Oriental Bank of Commerce on Monday said that it is open to acquire other state run lenders and that the bank has managed to achieve a turn around. OBC posted a net profit of Rs 202 crore for the last quarter of 2018-19, an increase of …
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Last week, Japan started testing its latest and fastest bullet train. The Shinkansen ALFA-X is capable of reaching 400 kilometers per hour (249 mph), and it’s expected to enter operation around 2030. When it does, the ALFA-X will likely become the world’s …
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Metro Bank shares hit new lows on Monday despite efforts to shut down social media rumours questioning the lender’s financial health. The bank has been briefing staff on how to reassure customers that their money and safety deposit boxes are safe after a …
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Even with recent declines in high-yield securities, the debt has gained 8.3% this year through Thursday, according to Bloomberg Barclays index data.
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