Business

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Fortinet’s stock is taking a dive after earnings. Here’s why.

Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments.

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Half of mid-sized firms expect economy to improve - survey

Nearly half are reporting higher revenue and more than half plan to lift wages, according to a new survey.

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On debut, Jio 2nd most valuable company, behind only parent Reliance Industries

Jio Platforms successfully listed its shares at a premium price of Rs 1,358 on debut day. The stock surged to Rs 1,419, resulting in a market capitalisation of Rs 13.1 lakh crore. The listing also elevated the RIL group to the top of…

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Petrobras Pumps at Record as Iran War Upends Oil Markets

Brazil’s state-controlled oil producer Petrobras lifted production to a record and ran its refineries near full capacity in the third quarter, helping the country weather disruptions to global energy markets from the Iran war.

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Paga processes $1.5bn monthly, unfazed by fintech competition — CEO

Paga’s CEO, Tayo Oviosu, says the fintech firm is unfazed by rising competition, revealing it processes over $1.5bn in transactions monthly. Read More: https://punchng.com/paga-processes-1-5bn-monthly-unfazed-by-fintech-competition-ceo/

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Government to receive $7 million full-year dividend from Public Trust

"FY26 was a year of strong delivery across Public Trust's broad remit," chief executive Glenys Talivai says.

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Fed holds fire as Warsh telegraphs more hikes without saying it

Warsh used his assessment of a strong economy and warnings over persistent inflation to signal the Fed's job is not yet done.

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Bankers in Failed Firmus IPO Probed by Australian Regulator ASIC

Australia’s corporate regulator is seeking information from investment banks on the failed Firmus Grid Ltd. initial public offering earlier this month, stopping short of opening a formal investigation into the matter.

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Jim Cramer sees major implications from SK Hynix's home-run quarter

CNBC’s Jim Cramer said SK Hynix’s blockbuster earnings showed that AI stocks can still rally.

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FuriosaAI Quadruples Valuation to $2.9 Billion in Nvidia Chase

South Korean AI chip startup FuriosaAI quadrupled its valuation to $2.9 billion in a fresh funding round, bolstering its bid to challenge the likes of Nvidia Corp.

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FBI hails EFCC over extradition of sextortion suspects

The US Federal Bureau of Investigation has lauded the EFCC Chairman, Ola Olukoyede, for the commission’s role in extraditing sextortion suspects to the US. Read More…

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Cyberattack concealed political spending by big donors before US midterm elections