Wed, Nov 27, 2024 12:09 PM
Black Friday: Online marketing costs jump in bidding war with Temu & Shein
A Flip by Avya Verma
Swedish real estate group SBB reported on Wednesday a smaller pretax loss for the third quarter compared to a year ago, as it carries on with its bid to cut debt and restructure its business. SBB, which owns properties such as hospitals and care homes across Sweden, reported a July-September loss before tax of 1.92 billion Swedish crowns ($175 million).
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Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at US companies that are re-evaluating the legal and political risks associated with bold programmes to bolster historically under-represented groups. The changes announced by the world’s biggest retailer on Monday followed a string of legal victories by conservative groups.
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State Bank of India (SBI) has raised ₹50,000 crore through domestic bonds in FY25. This includes ₹5,000 crore from AT1 Bonds, ₹15,000 crore from Tier 2 Bonds, and ₹30,000 crore from Long-Term Bonds, country's largest lender said in a regulatory filing. The bond issues received an overwhelming response, with demand more than double the base issue size, SBI said.
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