India’s small traders lose US$12 billion in equity derivatives

India’s small traders lose US billion in equity derivatives

Mom-and-pop traders lost a combined US$33 billion over the four years through March Published Tue, Jul 8, 2025 · 03:33 PM [MUMBAI] Individuals in India lost over US$12 billion trading equity derivatives in the year ended March, the markets regulator said, raising fresh concerns about the impact of speculative activity on household savings. The losses…

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Zelda Perkins, Harvey Weinstein’s Former PA, Hails UK Plan To Ban NDAs Silencing Workplace Abuse

Zelda Perkins, Harvey Weinstein’s Former PA, Hails UK Plan To Ban NDAs Silencing Workplace Abuse

Zelda Perkins, the former assistant to Harvey Weinstein and campaigner against non-disclosure agreements, has welcomed UK government plans to ban gagging orders that silence workplace misconduct. The Labour government has tabled an amendment to the Employment Rights Bill outlawing the use of NDAs to silence victims or witnesses of harassment and discrimination. The clause was introduced…

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Great Eastern set to resume trading after delisting vote fails

Great Eastern set to resume trading after delisting vote fails

[SINGAPORE] Great Eastern Holdings is set to resume trading after a vote for a delisting resolution fell through at its extraordinary general meeting (EGM) on Tuesday (Jul 8). Some 63.49 per cent of minority shareholders present and voting at the EGM voted in favour of a conditional exit offer from parent company OCBC, falling short…

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Shenzhen bourse nudges China firms to speed up IPO applications

Shenzhen bourse nudges China firms to speed up IPO applications

[BEIJING] China’s Shenzhen Stock Exchange has urged brokers to speed up applications for companies to list on the ChiNext board as officials seek to boost private enterprise and reignite the economy under threat from rising tariffs. The exchange, China’s second largest after Shanghai, called in a dozen investment banks to a meeting last month to…

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‘The Daily Show’s Jon Stewart Says Paramount’s Trump Settlement Is “Shameful” As Ex-‘60 Minutes’ Correspondent Steve Kroft Calls It A “Shakedown”

‘The Daily Show’s Jon Stewart Says Paramount’s Trump Settlement Is “Shameful” As Ex-‘60 Minutes’ Correspondent Steve Kroft Calls It A “Shakedown”

Jon Stewart didn’t disappoint with his views on the multi-million-dollar settlement between Paramount Global, which owns The Daily Show network Comedy Central, and President Donald Trump. Five days after the company paid Trump $16M to settle the lawsuit that the President brought against it for its handling of a 60 Minutes interview with Presidential candidate…

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China shuns costly LNG imports even as summer power demand rises

China shuns costly LNG imports even as summer power demand rises

[BEIJING] Sweltering temperatures are pushing up appetite for electricity in China, just not yet enough to revive the country’s spot purchases of costly liquefied natural gas (LNG). Traders hoping for a recovery in spot LNG deals had been watching for a surge in summer demand along China’s eastern seaboard. Scorching heat has indeed created those…

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Apple loses top AI models executive to Meta’s hiring spree

Apple loses top AI models executive to Meta’s hiring spree

[LOS ANGELES] Apple’s top executive in charge of artificial intelligence (AI) models is leaving for Meta Platforms, another setback in the iPhone maker’s struggling AI efforts. Ruoming Pang, a distinguished engineer and manager in charge of the company’s Apple foundation models team, is departing, according to sources with knowledge of the matter. Pang, who joined…

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