12:10 pm Buzzing: Adani Power shares fell as much as 4 percent intraday after foreign brokerage house Citi discontinued its coverage on the stock. “We are discontinuing coverage on Adani Power due to reallocation of our resources. The firm’s last recommendation for the stock is sell and our target price is Rs 23. This is our last rating on Adani Power,” the ... Read More »
Graduates celebrate at Warwick University. From 2017-18, tuition fees will rise to £9,250 a year. Photograph: Russell Boyce/Reuters One-third of UK universities and colleges are awarding firsts to at least 25% of their students, four times as many as five years ago, figures show. In 2015-16, 50 institutions gave at least one-quarter of degrees the top grade, while 10 awarded ... Read More »
Shares of Japanese messaging app operator Line Corp soared as much as 36 percent in their U.S. market debut on Thursday, valuing the high-profile tech startup at $9.34 billion in the biggest tech IPO this year. The offering of 22 million American Depository Shares (ADSs) at $32.84 each topped the upper end of the expected price range of $28.50-$32.50, raising ... Read More »
facebook on Wednesday fielded a plan to tighten Mark Zuckerberg’s grip on the helm as the booming socialcommunity suggested stellar profit. profit in the first region tripled from a 12 months ago to $1.5 billion as sales jumped to $5.4 billion from $three.5 billion inside the equal duration a year earlier. “We had a super start to the year,” stated ... Read More »
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