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Vodafone Idea Eyes Capital Raise As Shares Jump 9% And Debt Remains High

Vodafone Idea Limited witnessed a significant surge in share value, with prices rising 9% to Rs 17.60 ($0.21), while announcing plans for fundraising to address high debt levels and facilitate 5G network upgrades.


UK Households to Face Additional Temporary Energy Charges to Help With Debts

The UK industry regulator's announcement entails a £20 reduction in the energy price cap, offering relief to consumers, yet introduces a temporary charge.

Vice Media to Lay Off 'Several Hundred' Employees, Shut Down Vice.com

Vice Media Group CEO Bruce Dixon informed employees in a memo sent out on Thursday that the company plans to lay off several hundred employees.

Change Healthcare Hit by Cyberattack: UnitedHealth Says Government-Backed Hackers Are Behind It

Change Healthcare, a subsidiary of US health insurance giant UnitedHealth Group (UHG), was possibly breached by hackers backed by a government, according to a filing with government regulators.


Latest News

The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.
The US SEC has reportedly junked some of the most demanding greenhouse gas emissions disclosure requirements from corporate climate risk rules it is readying to implement.
Google announced on Thursday the temporary suspension of its Gemini AI image generation feature. Google announced on Thursday the temporary suspension of its Gemini artificial intelligence (AI) image generation feature following reports of "inaccuracies" in historical images.
Intuitive Machines made history after its Odysseus lander became the first commercial spacecraft to land on the moon.
Reddit is going public after submitting its IPO prospectus to the US Securities and Exchange Commission (SEC) on Thursday.
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
CEO Tufan Erginbilgic attributes Rolls-Royce's success to its transformation efforts, with a forecasted 6% profit growth in 2024.
Critics question Soriot's pay package justification amidst concerns over income inequality and corporate governance.
A widespread cellular service outage affects major providers like AT&T, Cricket Wireless, Verizon, and T-Mobile across the United States, and no definitive explanations have been provided yet.
Under Jonah Peretti, BuzzFeed's layoffs will be in line with their aligned efforts to keep up with changing market dynamics for a more sustainable model.