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Warren Buffett makes over $120 billion on Apple’s rise to $3 trillion, among his best bets ever

Billionaire investor Warren Buffett, chairman of Berkshire Hathaway, speaks on a mobile phone during an interview in New York, U.S., on Wednesday, June 25, 2008.Bloomberg | Getty ImagesWarren Buffett's out-of-character bet on Apple may end up being one of his winningest investments, making more than $120 billion on paper

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Stocks making the biggest moves midday: Ford, Bank of America, Occidental and more

A general view of the Halewood Ford transmission assembly plant after Ford announced a 230 GBP investment on October 18, 2021 in Halewood, England.Christopher Furlong | Getty ImagesCheck out the companies making headlines in midday trading.Ford Motor – Shares of Ford surged more than 12% after the company announced plans to nearly

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RBI prompts primary dealers to trade in Retail Direct

The Reserve Bank of India offered a dedicated window for bond houses, known as primary dealers (PDs), through which they can exchange illiquid securities acquired through the Retail Direct platform with liquid papers. The move should encourage them to participate in the first ever platform for individuals, who are willing

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Have Covid? You can’t get unemployment benefits

A healthcare worker administers a Covid-19 swab test at the Boulder County Fairgrounds testing site in Longmont, Colorado, on Dec. 14, 2021.Chet Strange/Bloomberg via Getty ImagesCovid-19 infections are ballooning, and sick Americans who miss work due to the virus may wonder if they qualify for unemployment benefits.The short answer:

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RBI cancels CoA of Muthoot Vehicle & Asset Finance and Eko India Financial Services

The Reserve Bank of India on Tuesday in a press release stated that the Certificate of Authorisation (CoA) of Payment System Operators (PSOs) Muthoot Vehicle and Asset Finance Limited and Eko India Financial Services Ltd has been canceled. The CoAs of both these PSOs were cancelled by the apex

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SBI, ICICI and HDFC Bank continue to be systemically important banks

The Reserve Bank of India said that State Bank of India, HDFC Bank and ICICI Bank will remain as Domestic Systemically Important Banks (D-SIBs) and therefore will have to maintain additional common equity tier 1 (CET1) capital ratios in the same manner prescribed in 2020. For SBI, the additional CET1

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Stocks making the biggest moves in the premarket: Foot Locker, Under Armour, Warner Music and more

Take a look at some of the biggest movers in the premarket:Foot Locker (FL) – The athletic footwear and apparel retailer dropped 3.9% in the premarket after J.P. Morgan Securities downgraded it to "underweight" from "neutral," pointing to cost pressures and tougher competition.Under Armour (UAA) – Under Armour rose

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India’s Axis Bank concludes structured derivative deals as RBI ban lifts

India's Axis Bank has started offering structured derivative products to leading companies including after a ban on these deals was lifted by the Reserve Bank of India effective Monday. Axis Bank, India's third-largest private sector bank said the first of these transactions was executed with Reliance Industries which

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