In just over two years, Temple City-based Fulgent Genetics Inc. has grown from a modest genetic testing company with $32 million in annual revenue to a behemoth with nearly $1 billion in revenue last year, all because of massive Covid testing contracts. But all along, one question persisted: What happens when the Covid wave subsides?On […]
HDFC Ltd has entered into binding agreement to sell 10 per cent of the share capital of HDFC Capital Advisors Ltd to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for Rs 184 crore. ADIA is also the primary investor in the alternative investment funds managed by HDFC Capital. Set up in 2016, […]
Late breaking news from the G20 meeting of finance ministers in Washington: The Treasury just told me that the UK representatives, Lindsey Whyte, who is Rishi Sunak’s deputy, and Bank of England governor Andrew Bailey left the G20 meeting in Washington today alongside representatives from the US and Canada as the Russian delegate spoke – […]
Nebraska’s leading economic indicator rose again in March, according to the most recent report from the University of Nebraska–Lincoln. The leading indicator, which is designed to predict economic activity six months into the future, expanded by 0.89%, marking the fifth increase in the past six months. That suggests there will be “solid” economic growth in […]
ST. LOUIS — The Urban League of Metropolitan St. Louis announced its plan to transform an over 100-year-old building into an entrepreneurship and women’s business center. The new business center will be located near Natural Bridge and Newstead in north St. Louis. It’s the same building that formerly housed the old Mound City Bank and […]
Canada’s red-hot real estate market showed signs of cooling down in March as both the number of homes sold and the average selling price declined from the previous month’s level. The Canadian Real Estate Association (CREA), which represents more than 100,000 realtors across the country, reported Tuesday that on average, homes sold on the Multiple […]
3m ago04.39 Great Britain’s energy regulator has said it will investigate increases in fuel bills amid concerns that suppliers may be charging households unfairly. Gas prices in particular have surged in recent months to records, prompting almost every household energy supplier to raise prices to the maximum allowed. That price cap, set by regulator Ofgem, […]
Susan Walsh, Associated Press This March 22, 2013, photo shows the exterior of the Internal Revenue Service building in Washington. SALT LAKE CITY — The owner of four defunct Ogden-area health care businesses is headed to federal prison after being sentenced for failing to pay more than $568,000 in business and employee […]
South Korea received some 33 per cent less “greenfield” foreign direct investments (FDI) as of 2020, compared with the amount before the start of the US-China trade war in March 2018, a report showed on April 17. Greenfield investment refers to a type of FDI in which a parent company sets up a new affiliate […]
This happened after TCS slightly missed estimates in the fourth quarter results announced last week. TCS share price was at Rs 3,546. The share price of Tata Consultancy Services (TCS) on Monday fell 3.5 per cent to a one-month low on Monday. This came as IT stocks suffered losses after Infosys share price plunged 9 […]
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