Day: May 22, 2022

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Twilio Stock: High-Growth and better Value
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Twilio Stock: High-Growth and better Value

Shares of cloud communications platform developer Twilio (TWLO) have been in free-fall for over a year now. Currently down around 77% from its February 2021 all-time high, the once-popular high-tech momentum stock now finds itself closing in on lows not seen since the early part of 2020. Indeed, Twilio still offers a necessary, easy-to-use service...

HSBC suspends banker after climate risk comments-FT
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HSBC suspends banker after climate risk comments-FT By Reuters

© Reuters. FILE PHOTO: The logo on the building of HSBC’s London headquarters appears through the early morning mist in London’s Canary Wharf financial district, Britain March 28, 2017. REUTERS/Russell Boyce (Reuters) – HSBC Holdings (NYSE:) has suspended its head of responsible investing pending an internal investigation after he said central bank policymakers and other...

Nestle delivers over 100 pallets of infant formula to U.S
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Nestle delivers over 100 pallets of infant formula to U.S By Reuters

© Reuters. FILE PHOTO: Empty shelves show a shortage of baby formula at CVS in San Antonio, Texas, U.S. May 10, 2022. REUTERS/Kaylee Greenlee Beal/File Photo (Reuters) – Nestle SA (SIX:) on Sunday delivered 132 pallets of its Health Science Alfamino and Alfamino Jr infant formulas to a U.S. facility, the company said, adding that...

India's top crypto app CoinSwitch calls for regulatory 'peace, certainty'
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India’s top crypto app CoinSwitch calls for regulatory ‘peace, certainty’ By Reuters

© Reuters. FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Aditya Kalra DAVOS, Switzerland (Reuters) – India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s...

Paytm payments bank expects central bank curbs to be lifted in three-five months
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Paytm payments bank expects central bank curbs to be lifted in three-five months By Reuters

© Reuters. FILE PHOTO: Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Nupur Anand MUMBAI (Reuters) – India’s Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers in the next...

As bear market looms, battered Wall St seeks elusive 'Fed put'
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As bear market looms, battered Wall St seeks elusive ‘Fed put’ By Reuters

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2022. REUTERS/Brendan McDermid By David Randall NEW YORK (Reuters) -The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street,...