Jobs Report, Google, Pfizer, Marvell: 5 Things You Must Know

The Li ONE SUV


Li Auto Inc.

Shares of Li Auto Inc. fell further Wednesday, quickly reversing course after the Beijing-based company reported a monthly record of deliveries in November, as the stocks of other China-based electric vehicle makers also continued pulling back.

Li Auto’s stock
LI,
-3.14%

dropped 2.9% in premarket trading, erasing an earlier gain of as much as 5.1%. That puts it on track to add to the four-day streak of losses through Tuesday, in which it tumbled 20.7%, since closing at a record $43.96 on Nov. 24.

The company reported late Tuesday that it delivered 4,646

Posted on 2 days ago

RBI MPC leaves policy rates unchanged at 4%, stance accommodative for 3rd consecutive time

The Li ONE SUV


Li Auto Inc.

Shares of Li Auto Inc. fell further Wednesday, quickly reversing course after the Beijing-based company reported a monthly record of deliveries in November, as the stocks of other China-based electric vehicle makers also continued pulling back.

Li Auto’s stock
LI,
-3.14%

dropped 2.9% in premarket trading, erasing an earlier gain of as much as 5.1%. That puts it on track to add to the four-day streak of losses through Tuesday, in which it tumbled 20.7%, since closing at a record $43.96 on Nov. 24.

The company reported late Tuesday that it delivered 4,646

Posted on 2 days ago

Bank depositors’ interests RBI’s topmost priority, governor Shaktikanta Das tries to calm fears

The Li ONE SUV


Li Auto Inc.

Shares of Li Auto Inc. fell further Wednesday, quickly reversing course after the Beijing-based company reported a monthly record of deliveries in November, as the stocks of other China-based electric vehicle makers also continued pulling back.

Li Auto’s stock
LI,
-3.14%

dropped 2.9% in premarket trading, erasing an earlier gain of as much as 5.1%. That puts it on track to add to the four-day streak of losses through Tuesday, in which it tumbled 20.7%, since closing at a record $43.96 on Nov. 24.

The company reported late Tuesday that it delivered 4,646

Posted on 2 days ago

Carnival Chairman Micky Arison Sold a Boatload of Stock

The Li ONE SUV


Li Auto Inc.

Shares of Li Auto Inc. fell further Wednesday, quickly reversing course after the Beijing-based company reported a monthly record of deliveries in November, as the stocks of other China-based electric vehicle makers also continued pulling back.

Li Auto’s stock
LI,
-3.14%

dropped 2.9% in premarket trading, erasing an earlier gain of as much as 5.1%. That puts it on track to add to the four-day streak of losses through Tuesday, in which it tumbled 20.7%, since closing at a record $43.96 on Nov. 24.

The company reported late Tuesday that it delivered 4,646

Posted on 2 days ago

Jobs Report, Google, Pfizer, Marvell: 5 Things You Must Know

Here are five things you must know for Friday, Dec. 4:

1. — Stock Futures Rise Ahead of U.S. Jobs Data

Stock futures traded higher Friday ahead of key labor market data and as chances have increased Congress could reach a stimulus agreement by the end of 2020.

Contracts linked to the Dow Jones Industrial Average rose 115 points, S&P 500 futures gained 11 points and Nasdaq futures were up 42 points.

Official U.S. payrolls data for November will be released later Friday and it’s expected to show that jobs growth has slowed amid a resurgence of the coronavirus. The 

RBI MPC leaves policy rates unchanged at 4%, stance accommodative for 3rd consecutive time

RBI had effectively used forward guidance to manage expectations in the October 2020 policy.

By Sameer Narang

Reserve Bank of India (RBI) held its policy rate at 4%. That has been the case now in three consecutive policies. High inflation constrains the central bank from reducing policy rate any further, unlike other Emerging Markets. However, RBI had effectively used forward guidance to manage expectations in the October 2020 policy. In this policy as well, RBI reiterated that accommodative stance will continue in the current and into the next financial year.

The surplus liquidity is a result of large

Bank depositors’ interests RBI’s topmost priority, governor Shaktikanta Das tries to calm fears

Shaktikanta Das iterated that all the actions taken by RBI in both banks were within the purview of the law. Image: PTI

Three banks, Lakshmi Vilas Bank, YES Bank, and Punjab and Maharashtra Co-operative (PMC) Bank, were placed under moratorium by Reserve Bank of India (RBI) in a little over last one year. The moratorium on Lakshmi Vilas Bank was withdrawn last week after the government sanctioned the scheme for the amalgamation of the bank with DBS Bank India Ltd. Similarly, YES Bank has also successfully been revived under the guidance of State Bank of India (

Carnival Chairman Micky Arison Sold a Boatload of Stock

Text size

Chairman Micky Arison, left, recently sold nearly $103 million of Carnival shares.


Mike Ehrmann/Getty Images


Carnival

stock has been rallying as of late, and Chairman Micky Arison just sold a large block of shares of the cruise giant.

Carnival (ticker: CCL) stock has surged in November on upbeat data on potential coronavirus vaccines. Shares have gained 39.4% since Sept. 30, although Carnival stock remains down 58% for the year to date through Wednesday’s close. By comparison, the

S&P 500 index,

a broad measure of the market, has risen 9.1% since the end of September for a

High Court stays Chandigarh discom privatisation

To usher in efficiency, the government was initially planning to privatise the discoms in Union Territories (UTs) by January 2021, and Chandigarh was first UT to issue notice inviting bids for the same.

The High Court of Punjab and Haryana has put in abeyance the privatisation of the Chandigarh electricity distribution company (discom), following protests from its engineers and other workers. Staying the bid invitation process which started on November 10, the court remarked that “we feel that the matter will require detailed deliberations as it touches the employment scheme of the society in general”. The development follows the Uttar

Google accused of illegally spying on employees before terminating them

Google said that they were confident they acted lawfully. (AP Photo)

The National Labour Relations Board, an independent agency of the United States tasked with enforcing US labour laws has accused Alphabet’s Google of illegally surveilling and grilling its several employees and then firing them for protesting against the organisation’s policies and for trying to organize a worker’s union. A complaint has been lodged against Google for ‘unlawfully’ putting workers on administrative leave or terminating them.

According to a Reuters report, the US labour regulator body alleged Google illegally applied rules to workers who participated in activist activities. The company

Li Auto’s stock drops after delivery data, as other China-based EV makers keep pulling back

The Li ONE SUV


Li Auto Inc.

Shares of Li Auto Inc. fell further Wednesday, quickly reversing course after the Beijing-based company reported a monthly record of deliveries in November, as the stocks of other China-based electric vehicle makers also continued pulling back.

Li Auto’s stock
LI,
-3.14%

dropped 2.9% in premarket trading, erasing an earlier gain of as much as 5.1%. That puts it on track to add to the four-day streak of losses through Tuesday, in which it tumbled 20.7%, since closing at a record $43.96 on Nov. 24.

The company reported late Tuesday that it delivered 4,646

Chhattisgarh to commence paddy procurement from December 1

Paddy is the major crop of Chhattisgarh, which is referred to as the Rice Bowl of India.

The Bhupesh Baghel-led state government has started paddy procurement from December 1 at the support price, it has announced. Paddy procurement has been a political and social issue in the state. The state government is not allowing any kind of reduction in paddy procurement amid the Covid-19 crisis. Paddy is the major crop of Chhattisgarh, which is referred to as the Rice Bowl of India.

Farmers debt worth Rs 9,000 crores waived

The state govt has waived agricultural loans worth Rs 9,000 crores

WhatsApp now lets you set custom wallpapers for different chats, search stickers using text and emoji

WhatsApp is trying to make it easier for the users to find relevant stickers via text or emoji.

After many tests and developments, WhatsApp is set to bring ite new update with improvements to wallpapers and search options. The new update will allow users to set custom wallpapers for different chats and will also update the options for wallpaper in the gallery. The existing doodle wallpaper will also be getting new colours. Apart from this, WhatsApp has also worked on its search options.

A WhatsApp beta for Android with the custom chat wallpaper feature was spotted this year in September.

Nio’s stock surges as November, 2020 deliveries more than doubled

The ES8 electric SUV


Nio Inc.

Shares of Nio Inc. and XPeng Inc. surged Tuesday, after the China-based electric vehicle makers reported strong growth in November deliveries, with Nio’s more than doubling and XPeng’s more than quadrupling.

Nio’s stock
NIO,
-6.42%

bounced 2.2% in premarket trading, after falling 6.4% on Monday. XPeng shares
XPEV,
-8.58%

shot up 6.6% after dropping 8.6% the day before.

Nio said it delivered a record 5,291 vehicles in November, up 109.3% from a year ago.

The deliveries included 1,387 of Nio’s flagship 6-seater and 7-seater smart electric SUVs, the ES8; 2,386 of the