Israeli troops battle Palestinian fighters in Gaza city of Khan Younis

JERUSALEM (Reuters) – Israeli troops battled Palestinian fighters in Khan Younis in southern Gaza and destroyed tunnels and other infrastructure, as they sought to suppress small militant units that have continued to hit troops with mortar fire, the military said on Friday. The Israeli Defence Forces (IDF) said troops had killed around 100 Palestinian fighters…

Read More

NYCB short sellers stare at $42 million in losses after post-earnings rally, Ortex says

By Niket Nishant and Manya Saini (Reuters) – Traders shorting New York Community Bancorp’s stock were sitting on more than $42 million of losses on Wednesday after the lender’s better-than-expected profit forecast for the next two years sent shares surging, data from Ortex show. The rally marked a rare bright spot for NYCB, which has…

Read More

Exclusive-IPOs of Walmart’s Flipkart, PhonePe could take couple of years, Walmart exec says

By Siddharth Cavale BENTONVILLE, Arkansas (Reuters) – Initial public offerings of Walmart’s Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. “This is something we’re looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, said on the sidelines of…

Read More