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cryptocurrency: BharatPe turns Ebitda positive; clocks October 2023 as the first profitable month

Fintech unicorn BharatPe on Tuesday announced that it has turned Ebitda positive in October with annualised revenue crossing Rs 1,500 crore. Without giving out the actual number, BharatPe in a statement said the financial milestone was attributed to consistent growth across all business lines. Earnings before interest, taxes, depreciation, and amortisation (Ebitda) is a measure

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Noticias de dinero

NSW Premier Chris Minns tests positive to Covid

NSW Premier Chris Minns has confirmed he has tested positive to Covid and will miss the start of the state parliament’s final sitting week. In a social media post, Mr Minns said he took a rapid antigen test, which confirmed the diagnosis, after “feeling unwell” in the morning. “I’m now at home, and while there

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Noticias de dinero

China, US meet sends positive signal

BEIJING: Following the highly anticipated summit between President Xi Jinping and his US counterpart, Joe Biden, last week, there is growing optimism that increased communication, dialogue and consultation between the world’s two largest economies will strengthen cooperation, align common interests and add much-needed certainty to the evolving global landscape. Bilateral economic and trade cooperation, long

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Noticias de dinero

AU urges ‘positive competition’ from Europe on investment

BERLIN: The African Union on Monday defended past investments from China that have drawn criticism for saddling poor countries with huge debts while calling for “positive competition” from Europe. AU chairman Azali Assoumani was addressing a meeting in Berlin of a G20 initiative aimed at mobilizing more private, sustainable investments in African countries. China has

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Noticias de dinero

Positive sentiment again lifts peso, stock market

THE peso and the stock market gained further on Friday with sentiment said to be still buoyed by a Monetary Board decision to keep interest rates unchanged and also trim inflation forecasts. The currency rose by 12 centavos to P55.67 against the dollar while the benchmark Philippine Stock Exchange index added 20.41 points, or 0.33

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Global

European luxury goods stocks gain after positive data from China

European markets have seen gains after positive economic news from China, according to CommSec’s Tom Piotrowski. “European markets are generally higher, benefitting from some better economic news out of China last night,” Mr Piotrowski told Sky News Australia. He pointed out luxury goods stocks did particularly well in European trade. “LVMH, Hermès, Christian Dior –

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Noticias de dinero

Positive data lifts PSEi, peso

THE peso and the stock market both gained on Wednesday following the release of positive economic data. The currency gained 7 centavos to P56.045 against the dollar, while the benchmark Philippine Stock Exchange index (PSEi) added 23.71 points, or 0.39 percent, to 6,155.03. The broader All Shares gained 0.22 percent, or 7.17 points, to 3,317.51.

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