Apparel maker Under Armour raised its annual profit and margin forecasts on Thursday, betting that easing input and freight costs would help offset weak demand in North America, sending its shares up 6%. The company is leaning on lower production costs to drive up profit at a time when demand for its apparel and footwear…
Representative image The Mumbai bench of the National Company Law Tribunal has ordered the liquidation of fugitive diamantaire Mehul Choksi-promoted firm Gitanjali Gems. The tribunal has also appointed Santanu T Ray as the liquidator. The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over…
The release of a special counsel’s report on Thursday has reignited discussions around President Joe Biden‘s age and memory, amid an investigation into his handling of classified documents. This detailed analysis presents a closer look at the findings and their implications for Biden’s presidency and the broader political landscape.Biden’s memory under scrutinyThe special counsel’s report…
