Investors bid for 64 times the shares on offer Institutional investors bid for 209x the shares Lender expected to benefit from luxury homes demand Analysts expect sharp gains in Sept. 16 listing Indian IPOs fetch 7 bln YTD, twice vs same period last yr BENGALURU, Sept 11 Reuters India39;s Bajaj Housing Finance BAJO.NS attracted bids […]

TOKYO, Sept 12 Reuters The dollar traded near a fourweek high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the Federal Reserve would avoid a supersized interest rate cut next week. Meanwhile, a quarterpoint rate reduction from the European Central Bank ECB is widely expected later in the day, […]

MUMBAI, Sept 12 Reuters The Indian rupee was little changed on Thursday, holding above its lifetime low, supported by likely intervention from the Reserve Bank of India RBI amid weakness in most Asian currencies. The rupee was at 83.9725 against the U.S. dollar as of 1020 a.m. IST, nearly unchanged from its close at 83.9775 […]

FTSE 100 up 1.1, FTSE 250 adds 1 Automobile and parts, industrial miners lead gains Fevertree Drinks falls after annual revenue growth forecast trim Sept 12 Reuters London39;s FTSE 100 hit its highest level in over a week on Thursday, amid broader gains after some clarity around the U.S. Federal Reserve39;s expected interest rate cut […]

JOHANNESBURG, Sept 12 Reuters The South African rand was little changed in early trade on Thursday ahead of the release of local mining output figures and an inflation expectations survey. At 0600 GMT the rand traded at 17.8925 against the dollar , not far from its previous close of 17.9050. The rand has mainly tracked […]

ECB rate decision at 1215 GMT Spain39;s inflation eased to 2.4 in August ECB39;s Christine Lagarde remarks due at 1245 GMT Sept 12 Reuters European shares climbed 1 on Thursday, buoyed by strong performances among technology stocks, while investors awaited a policy decision from the European Central Bank later in the day where a rate […]

Spurred by spending on generative AI, data-center electricity use is poised to surge 4-10x by 2030, we calculate, likely driving demand for solar plus battery storage and natural gas generation.

This episode of Need to Know covers the importance of data quality and its implications for firms’ decision making.

Hong Kong has evolved rapidly into a global beacon for the issuance and trade of digital assets, with investors attracted to the city’s growing liquidity and to incentives and guardrails provided by a proactive regulator.

LONDON, Sept 11 Reuters Sterling gained slightly versus the dollar on Wednesday, recovering from a dip earlier in the session, but slid against the euro after data showed Britain39;s economy stagnated unexpectedly in July, as manufacturing output fell. British economic output showed no change in monthonmonth terms in July, as it did in June, data […]