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India asks state banks to protect dollar assets on Cairn concern

Indian authorities asked state-run banks to protect their dollar deposits on concern they could be frozen if Cairn Energy Plc moves to seize India’s offshore assets as part of a tax dispute, according to people with knowledge of the matter. Lenders aren’t committing to U.S. dollar purchases in the forwards

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Ripple appoints a former U.S. treasurer to its board amid legal fight with the SEC

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during a panel discussion at the Singapore FinTech Festival in Singapore, on Monday, Nov. 12, 2018.Wei Leng Tay | Bloomberg | Getty ImagesBlockchain start-up Ripple said Tuesday it had appointed former U.S. Treasurer Rosie Rios to its board, as

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Solar stocks are getting slammed as supply chain bottlenecks hit renewables sector

choja | E+ | Getty ImagesSolar stocks declined on Tuesday, building on recent weakness, as companies warn about the impact of supply chain bottlenecks and parts shortages.The Invesco Solar ETF, which tracks the space, slid 7%, bringing its one-month decline to 15%.SolarEdge was the biggest drag against the fund,

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Be alert against fraudsters; desist from sharing sensitive info online: SBI tells customers

With digital transactions gaining traction amidst rising COVID cases, the country's biggest lender SBI has cautioned its customers to be alert against fraudsters and not to download any app from an unknown source. The lender also asked its customers not to respond to unsolicited offers, however attractive, received through e-mails,

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Stocks making the biggest moves midday: U.S. Steel, CVS Health, SolarEdge and more

A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017.Christopher Lee | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.U.S. Steel — Bucking declines in the broader market, shares of U.S. Steel

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The market for shares of pre-IPO giants is surging. This company is reaping the rewards

The surging fortunes of a generation of giant start-ups like Robinhood and Chime has sparked a race to create the biggest marketplace to trade shares of private companies.One company with an early lead appears to be Forge, a San Francisco-based start-up originally backed by noted technology investors such as

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Goldman Sachs CEO is summoning workers back to the office by June 14

A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange.Brendan McDermid | ReutersThe boss of Goldman Sachs told workers in the U.S. and the United Kingdom on Tuesday that the bank wants them to be ready to return to the office by

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