Finance

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tewolde gebremariam

Who is Tewolde Gebremariam? Meet Air India’s new CEO – all you want to know about him

Tewolde GebreMariam Tesfay retired as Group Chief Executive officer of Ethiopian Airlines in 2022. (Reuters file photo) Air India on Wednesday named former Ethiopian Airlines chief Tewolde Gebremariam as its new Chief Executive Officer. The announcement comes at a time when Tata Group-owned carrier continues to battle mounting losses and increased regulatory oversight following last...
rbi press conference in mumbai

Liquidity surge due to NRI deposits to be limited and temporary: RBI

RBI Governor Sanjay Malhotra addresses a press conference on Monetary Policy Statement and Post-Monetary Policy, in Mumbai, Maharashtra. (@reservebankofindia593/Yt via PTI Photo)(PTI08_05_2026_000027B) MUMBAI: RBI governor Sanjay Malhotra said inflows from the special FCNR(B) deposit scheme for non-residents will have a temporary and limited impact on liquidity, with surplus conditions expected to ease after peaking around...
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GLP-1 drugs for employees cost $250M a year

Brian Moynihan, CEO of Bank of America, speaking to CNBC from Aspen, Co. on Aug. 5th, 2026. CNBC Bank of America spends more than $250 million a year covering GLP-1 weight loss drugs for its employees, CEO Brian Moynihan told CNBC on Wednesday, saying the rapidly rising cost is a worthwhile investment in his workforce....
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Situational Awareness meltdown was warning shot

Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan. Photo: Josh Edelson (L) | Oscar Molina (R) Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Last week,...
108260244 1770052587895 gettyimages 2259048430 US STOCKS

SPCX, AMD, LLY, DIS & more

Check out the companies making the biggest moves premarket: SpaceX — The Elon Musk-led rocket company fell 11% after releasing its first quarterly report since going public in June . SpaceX reported capital expenditures of $18.37 billion in the second quarter, largely driven by artificial intelligence and up 550% from the year-ago period. Second-quarter revenue...
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