Tag: business news

Powerball’s jackpot is $1.6 billion, the largest lottery prize ever. If you win, here’s how much would go to taxes

DraftKings shares tumbles after monthly users fall short of estimates

BusinessNovember 4, 2022

Omar Marques | LightRocket | Getty ImagesShares of DraftKings were down 26% Friday after the sport betting company reported slower monthly customer growth in...

TVS Q2 net profit up 47% at Rs 407.5 crore – Times of India

BusinessNovember 4, 2022

CHENNAI: TVS Motor Company’s net profit jumped nearly 47% in the second quarter at around Rs 407.5 crore from Rs 277.6 crore in...

Moderna shares fall after Covid vaccine maker lowers 2022 sales outlook

HealthNovember 4, 2022

Moderna on Thursday lowered its 2022 sales guidance for its Covid-19 vaccine after missing Wall Street expectations for the third quarter.Moderna cut its...

Pfizer releases more data indicating omicron boosters are better than old Covid shots

HealthNovember 4, 2022

A health worker administers a dose of Pfizer covid-19 vaccine to a man at the Sanford Civic Center. With the emergence of the...

Germany’s Metro in advanced talks over sale of Indian division – Times of India

BusinessNovember 4, 2022

DUESSELDORF/BENGALURU: Germany's Metro is exploring strategic options for its Indian unit and is in advanced discussions over a deal, a group spokesperson said,...

Here’s what we know about the rebound in Chinese stocks this week

Hong Kong Rugby Sevens is back. Rugby union says demand is high despite Covid measures

BusinessNovember 4, 2022

The Hong Kong Rugby Sevens tournament kicks off Friday for the first time since Covid-19 hit.While the city's pandemic regulations remain strict, Chris...

Attrition in US impacted us: Cognizant India head – Times of India

BusinessNovember 4, 2022

BENGALURU: Cognizant’s sluggish performance in the September quarter has many brokerages lowering price targets. In an interaction with TOI, Rajesh Nambiar, chairman and...

Starbucks delivered solid quarter and guidance, imagine when China fully reopens

BusinessNovember 4, 2022

Club holding Starbucks (SBUX) reported strong fiscal fourth-quarter results after the closing bell Thursday, giving us confidence that demand can endure the softness...