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Financial Express Lucknow

Sunoco to purchase Parkland for $9.1 bn

SUNOCO AGREED TO acquire Parkland for about $9.1 billion, including debt, offering a premium for a Canadian fuel distributor that's in the midst of a leadership upheaval and a fight with its largest shareholder.

1 min  |

May 06, 2025

Financial Express Lucknow

Berkshire picks Abel as CEO, Buffett remains chairman

BERKSHIRE HATHAWAY'S BOARD voted unanimously to name Greg Abel president and CEO starting next year, while Warren Buffett will stay on as chairman, CNBC reported on Monday, citing sources.

1 min  |

May 06, 2025

Financial Express Lucknow

Skechers Goes Private in $9.4 Billion Deal

INVESTMENT FIRM 3G Capital will acquire footwear maker Skechers USA for $9.4 billion.

1 min  |

May 06, 2025

Financial Express Lucknow

Top-level rejigs at Skoda Auto, Stellantis India

GERMAN CAR MAKER Volkswagen Group's Indian subsidiary Skoda Auto Volkswagen India (SAVWIPL) on Monday announced the appointment of Ashish Gupta as brand director of Skoda India and Nitin Kohli as brand director for Volkswagen Passenger Cars with effect from May 1.

1 min  |

May 06, 2025

Financial Express Lucknow

India offers zero-for-zero tariffs on select US items

THE GOVERNMENT HAS proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the US, people familiar with the matter said.

1 min  |

May 06, 2025

Financial Express Lucknow

Facing internet lag, speed chess gets break with Mumbai server

Sarin has played more than 51,000 speed and bullet games on chess.com, one of the most popular online gaming websites, alone

3 min  |

May 06, 2025

Financial Express Lucknow

Pak violating ceasefire along LoC, standoff in new locations

A slew of ceasefire violations by Pakistan along the Line of Control over the last 10 days shows that unprovoked firing from posts across the border are no longer restricted to one or two sectors as was the norm in the past, but have simultaneously taken place all along the LoC in multiple sectors.

1 min  |

May 05, 2025

Financial Express Lucknow

Markets may climb a wall of worry

THE NIFTY CLOSED 2.07% higher over the fortnight, as the nation took in stride the Pakistan-sponsored Islamic terrorism in Kashmir, the curtailment of diplomatic ties and the suspension of the 1960 Indus Waters Treaty with Pakistan.

2 min  |

May 05, 2025

Financial Express Lucknow

Fed chair won't go, good parts of economy his doing: Trump

US PRESIDENT DONALD Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May 2026 while describing the central banker as \"a total stiff\" and repeating calls for the Fed to lower interest rates.

1 min  |

May 05, 2025

Financial Express Lucknow

Make your phone fast again

MIRACLEAN APP HELPS OPTIMISE DEVICE STORAGE

1 min  |

May 05, 2025

Financial Express Lucknow

FOMO Should Not Dictate Investment Decisions

Alok Sama, advisor to private equity major Warburg Pincus, has rich experience in the investment banking space.

3 min  |

May 05, 2025

Financial Express Lucknow

Now, Some Americans Seek New Life in Europe

Safer Shores

2 min  |

May 05, 2025

Financial Express Lucknow

Berkshire investors anticipate new era as Buffett hands over baton

BERKSHIRE HATHAWAY SHAREHOLDERS mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus and culture but worry about the loss of Buffett's vision and star power.

2 min  |

May 05, 2025

Financial Express Lucknow

No breakthrough yet on India-UK trade pact

THE INDIA-UK FREE trade agreement (FTA) may take some more time to wrap up as some differences still remain.

2 min  |

May 05, 2025

Financial Express Lucknow

We Need Bold Corporate Leadership: AIMA-KPMG

IN TIMES OF a turbulent business environment, what India needs is resilient, empathetic, and future-ready leadership, according to the AIMA-KPMG Management Capability Development Index (MCDI) released recently—a report that can help organizations enhance their management competitiveness and build leadership pipeline.

1 min  |

May 05, 2025

Financial Express Lucknow

Exporters Urge RBI To Help Boost Trade Settlement In Rupee

EXPORTERS HAVE URGED the Reserve Bank of India (RBI) to promote greater awareness of trade settlement in rupees and in the currencies of key trading partners, as an alternative to the US dollar.

1 min  |

May 05, 2025

Financial Express Lucknow

SBI to lower FD rates but keep savings unchanged, says Setty

STATE BANK OF India (SBI), the country's largest public lender, will refrain from cutting its savings account interest rates despite the ongoing trend of declining interest rates, chairman CS Setty told analysts.

2 min  |

May 05, 2025

Financial Express Lucknow

Unburdened by legacy

THE STARTUP HAS POSITIONED ITSELF AS A CLEAN, CONSCIOUS, AND CRUELTY-FREE BEAUTY BRAND

4 min  |

May 05, 2025

Financial Express Lucknow

BluSmart Drivers Protest Unpaid Dues, Seek Justice

Mounting Woes

1 min  |

May 05, 2025

Financial Express Lucknow

'Our focus is on biotech, agritech, creative arts'

Our plans are to rent, and in due course, if all goes well, we may build from scratch.

2 min  |

May 05, 2025

Financial Express Lucknow

Bespoke vehicle demand to surge

Has that growth come solely on the back of new product launches?

3 min  |

May 05, 2025

Financial Express Lucknow

Regulate, don't restrict, MFs

The recent CII Mutual Fund (MF) Summit, Securities and Exchange Board of India (Sebi) executive director Manoj Kumar catalyzed industry optimism by signaling a potential revisit of regulation 24(b) of the Sebi (Mutual Funds) Regulations, 1996.

4 min  |

May 05, 2025

Financial Express Lucknow

Beyond lines of code

More than 30% of new code at Google is now generated by AI, CEO Sundar Pichai said during Alphabet's recent Q1 2025 earnings call.

3 min  |

May 05, 2025

Financial Express Lucknow

India is top destination for 'grey fleet' oil shipments from Russia

Strong Demand

2 min  |

May 05, 2025

Financial Express Lucknow

Will give TikTok another extension

US PRESIDENT DONALD Trump said he would extend the June 19 deadline for China-based ByteDance to divest the US assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then.

1 min  |

May 05, 2025

Financial Express Lucknow

Tax breaks for Saudi wealth funds likely

A High-Level Task Force (HLTF) was constituted in 2024 for promoting investment flows between the two countries.

1 min  |

May 05, 2025

Financial Express Lucknow

Xi to visit Russia from May 7

CHINESE PRESIDENT XI Jinping will make an official visit to Russia from May 7-10 to participate in celebrations of the 80th anniversary of the defeat of Nazi Germany, the Kremlin said on Sunday.

1 min  |

May 05, 2025

Financial Express Lucknow

India unveils ‘world’s first’ genome-edited rice varieties

To boost yields by up to 30%, cut paddy cultivation area

2 min  |

May 05, 2025

Financial Express Lucknow

Gregory Abel to be Berkshire CEO

Abel's other quality is that he is seen as fitting the Berkshire mold.

1 min  |

May 05, 2025

Financial Express Lucknow

Warren Buffett caps a career built on humility

WARREN BUFFETT is stepping down as chief executive officer of Berkshire Hathaway Inc., the company he built alongside his later partner Charlie Munger for the past six decades.

3 min  |

May 05, 2025