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SLB beats estimates for third-quarter profit

by Inkhabar webdesk October 17, 2025

(Reuters) -SLB beat Wall Street estimates for third-quarter profit on Friday, helped by higher-than-expected demand for its oilfield equipment and services in North America. The company reported an adjusted profit of 69 cents per share for the quarter ended September 30, compared with analysts' estimate of 66 cents, according to data compiled by LSEG. (Reporting by Tanay Dhumal in Bengaluru; Editing by Anil D'Silva)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

October 17, 2025 0 comments

स्पोर्ट्स

Malaysia's FA suspends secretary-general, orders probe as naturalisation scandal heats up

by Inkhabar webdesk October 17, 2025

written by Inkhabar webdesk

VIDEO SHOWS: FOOTBALL ASSOCIATION OF MALAYSIA (FAM) NEWS CONFERENCE / SOUNDBITES FROM FAM DEPUTY PRESIDENT, S. SIVASUNDARAM, AND REPRESENTING LAWYER, SERGE VITTOZ / TROPHIES ON DISPLAY IN FRONT OF FAM LOGO TEMPLATE ONLY, COMPLETE SCRIPT TO FOLLOW

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

October 17, 2025 0 comments

व्यापार

Jefferies says fund tied to First Brands collapse separate from investment banking

by Inkhabar webdesk October 17, 2025

written by Inkhabar webdesk

(Reuters) -Jefferies' fund caught up in the collapse of auto parts maker First Brands is separate from its investment banking business, its top executives said at the bank's investor day. "The Point Bonita fund in asset management sits absolutely separate, distinct and apart from whatever happens in investment banking. Kind of Chinese Wall 101," Jefferies President Brian Friedman said at the event held on Thursday. "The two have absolutely no relationship and, in fact the decision in 2019 of the asset management Point Bonita team to engage with First Brands, was absolutely away from independent and disconnected from anything on the investment banking side," he said, according a regulatory filing released on Friday. The collapse of First Brands, just days after subprime lender and dealership Tricolor went belly up, has unsettled Wall Street's multitrillion-dollar credit market. "I'll just say this is us personally, we believe we were defrauded," Jefferies CEO Rich Handler said, adding that despite this the environment remains generally good. "I'm not saying there aren't other issues like this. There was one yesterday that one of our competitors had to deal with. I think there's a fight going on right now between the banks and direct lenders who each want to point fingers at each other and say, it's your fault, no, it's your fault." U.S. regional bank stocks fell on Thursday after Zions Bancorporation disclosed it would take a $50 million charge-off in the third quarter. Western Alliance also alleged fraud against a borrower and disclosed it had initiated a lawsuit. Jefferies' stock slumped after First Brands disclosed more than $10 billion in liabilities in bankruptcy protection filing in late September. Earlier this month, the investment bank said its exposure to First Brands is limited and any potential loss would be "readily absorbable". The bank called the share reaction overdone while disclosing that its Leucadia Asset Management fund holds about $715 million in receivables linked to First Brands. (Reporting by Manya Saini in Bengaluru; Editing by Arun Koyyur)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

October 17, 2025 0 comments

लाइफस्टाइल

'Frankenstein' review: Del Toro's passion project is its own monster

by Inkhabar webdesk October 17, 2025

written by Inkhabar webdesk

Guillermo del Toro’s long-awaited "Frankenstein" has finally come to life, and critics are hailing it as a visually stunning and deeply personal adaptation of Mary Shelley’s classic novel. Los Angeles (tca/dpa) – "Frankenstein" has haunted Guillermo del Toro since he was a kid who barely reached the Creature's knees. Back in 2011, the writer-director was already tinkering with a version of the monster that resembled a blend of Iggy Pop and Boris Karloff with jagged sutures, gaunt wrinkles and a crushed nose. Since then, Del Toro has made changes. The 2025 model is played by Jacob Elordi, a 6-foot-5 actor often cast as the ideal human specimen in movies like "Saltburn" and who here howls to life with handsome features and rock star swagger. But your eyes keep staring at his pale, smooth seams. He doesn't look hand-stitched — he looks a little like a modern android. Of course he does. The decades have given Del Toro time to think about what truly scares him. It's not monsters. He loves all disfigured nasties, be they swamp creatures, eyeball-less ogres or bolt-headed Hellboys. It's tech bros, like the ones weaseling into Hollywood, who give their every innovation a sterile sheen. "Frankenstein" is the director's lifelong passion project: He doesn't just want to makea"Frankenstein" butthe"Frankenstein," so he's faithfully set his adaptation in the past. But he's adjusted the wiring so that 1850s Europe reminds us of Silicon Valley. The result is the best movie of his career. This Baron Victor Frankenstein (Oscar Isaac ) is a short-sighted egomaniac who barks over his critics while jabbing the air with his fingers. "I fail to see why modesty is considered a virtue," he says with a snort. And Del Toro has written Victor an enabler: a deep-pocketed investor named Henrich Harlander (Christoph Waltz ) who struts into Victor's science lecture hunting for a whizkid to crack the code to immortality. With his gold-heeled shoes and a confidence that he's too rich to die, Waltz's wealthy arms dealer is a 19th-century take on venture capitalists likeBryan Johnson andPeter Thiel who've been poking into the feasibility of pumping their veins with young blood. "Don't be a reasonable man," Henrich advises Victor. The assumption is — and remains — that tycoons and geniuses deserve to run rampant. Great success demands an indifference to the rules. And if you're wondering whether money or brains has more power, there's a scene in which Henrich uses a chamber pot and smugly orders Victor to "flush that for me." Del Toro is wired into the outrage inMary Shelley's sly 1818 novel, a nightmarish satire about men who care only about yelling "first!" without asking what horrors come next. Centuries ago, she warned of man's ill-considered rush to create artificial intelligence. Today, Dr. Frankenstein's descendants keep promising that AI won't destroy civilization while ignoring Shelley's point, that the inventor is more dangerous than his monster. Victor, a stunted man-child who drinks milk served by a sommelier, is frozen in the I'll-show-him stage of growing up with an abusive father (Charles Dance ) who whipped him when he got a wrong answer on his schoolwork. Victor's name, we're reminded, means "winner," a symbol of the pressure he's under to excel. Isaac plays him with a pitchman's exuberance that sags as the corners of his mouth wrench down in disappointment. He's hacked how to make a disembodied head moan in agony. But having rarely felt affection, Victor doesn't know how to generate that emotion at all. Worse, it hasn't occurred to him to think past the triumph of his product launch, that his Creature can't be readily unplugged. The only kind characters in the movie are a rural blind man (David Bradley ) and the moth-likeMia Goth , double-cast as Victor's mother, Claire, and his brother's fiancee, Elizabeth. A convent girl with a creepy streak, Elizabeth sees beauty in biology, leaning over a corpse's flayed back to appreciate the intricacy of its ventricles. But the more she studies Victor, the less impressed she gets. Because Shelley came up with "Frankenstein" as an 18-year-old newlywed who'd just lost a baby, her message gets boiled down to gender: Women birth life, men mimic it. Really, the feminine strength of the book lies in its foxy, shifting narration that opens with a prologue from an Arctic explorer who's gotten his sailors trapped in the ice, before transitioning to Victor's story and then the Creature's. Like a hostess who secretly loathes her guests, Shelley encourages her characters to flatter themselves and expose their braggadocio. Del Toro has kept that tactic and he's kept the book's structure. But within that framework, he's changed nearly everything else to make Victor more culpable. Unlike the 1931 film, there's no Igor and no excuse of accidentally using the wrong brain. This Victor does his own dirty work and what goes wrong is his fault. Meanwhile, Del Toro amps up the action, starting the film off with a ghastly great sequence in which Elordi's Creature punches a sailor so hard his spine snaps into a backward somersault. "What manner of devil made him?" the Captain (Lars Mikkelsen ) exclaims. Victor guiltily explains why he played God. Being a futurist isn't bad. Henrich, an early adopter of daguerreotype cameras, shoots photographs of women posing with skulls like he's paving the way for Del Toro's whole filmography. But pompous Henrich and Victor don't appreciate that their accomplishments are built on other's sacrifices. When the cinematographerDan Laustsen pans across a battlefield of dead soldiers, it feels like a silent scream. Henrich made his fortune killing these men; now, Victor will salvage their body parts. Del Toro delights in the kinetic gusto of the tale, the grotesquerie of cracking limbs and blood sloshing about Victor's shoes. In the laboratory, dead leaves and buzzing flies whirl through the air as if to keep up with the inventor's wild ambitions andAlexandre Desplat's swirling orchestral score. The production design byTamara Deverell is superb as are the costumes byKate Hawley , who shrouds Goth in dramatic chiffon layers and dresses laced to highlight her vertebrae. (This movie loves bones as much asSir Mix-A-Lot loved backs.) As Victor rudely flings around torsos and limbs, it's clear that he only values life if it's branded with his name. So yes, of course, Elordi's Creature looks good. He's been assembled from the choicest bits of man flesh to show off the talent of his creator, not so different from Steve Jobs caressing samples of brushed aluminum. When Elordi's Creature pleads for a companion, a sliver of sculpted abs peeking out from under five hulking layers of wool and fur, you expect half the audience's hands to shoot up and volunteer. Elordi has adopted one or two of Karloff's mannerisms: the arms outstretched in search of warmth, the lurching walk. You can see that he's a tad lopsided on the left side, presumably because Victor couldn't find matching femurs. Mostly, he's his own monster, neither the calculating serial murderer of the book nor Karloff's reactive, animalistic killer, but a scapegoat who finally starts leveling his foes with bone-breaking efficiency. Towering over Victor by almost a foot, Elordi's Creature dwarfs his creator physically, morally and emotionally. There's anguish in his eyes, and when Del Toro shows us the world through his perspective, humanity itself appears anti-life, a pestilence that destroys without hesitation. There's a pack of digital wolves that just looks silly. Otherwise, you trust how intensely Del Toro has doted upon every detail. I was flummoxed by a row of servants flanking young Victor (Christian Convery ) who appeared to be wearing gauzy bags over their heads. What are those for? My theory is it's a tribute to the veil Karloff sported during lunch breaks, so as not to frighten any pregnant secretaries on the Universal lot. Eschewing mobs of pitchfork-wiel…

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

October 17, 2025 0 comments

स्पोर्ट्स

by Inkhabar webdesk October 17, 2025

written by Inkhabar webdesk

By Alun John and Ankur Banerjee SINGAPORE/LONDON (Reuters) -Global financial stocks slid on Friday as a rout in U.S. regional banking shares heightened concerns about credit quality and mounting risks in the sector. The banking sector's exposure in two recent U.S. auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank's failure, when high interest rates drove paper losses on its bonds and sparked a global bank stocks rout. Investors are now trying to assess whether recent issues in U.S. credit markets will have a similar effect, as an overnight selloff on Wall Street rippled across Asia and Europe and shone a spotlight on the recent AI-led surge in broader stock markets that some fear could have created a bubble. DEUTSCHE BANK AND BARCLAYS LEAD EUROPEAN LOSSES "What we see in the banks selling off overnight in the U.S., Asia wakes up to it, Europe wakes up to it, and so it spreads," said TD Securities head of global macro strategy James Rossiter. European banks fell almost 3%, with Deutsche Bank and Barclays sliding around 6%, and Societe Generale down 4.6%, after financial firms in Asia, especially Japanese banks and insurers sank. In pre-market U.S. trading, the SPDR S&P regional banking ETF was down 2.4%, a day after the benchmark tumbled 6%, its steepest one-day selloff in six months. Shares of Zions Bancorp, at the heart of the investor scrutiny, slid 1.7%, with big banks down a similar amount. U.S. stock futures fell and in a sign of the fears of contagion, big tech names fell more than banks, with Nvidia around 3% lower. The latest selloff came after Zions said it would take a $50 million loss on two commercial and industrial loans from its California unit, while Western Alliance disclosed it had initiated a lawsuit alleging fraud by Cantor Group V, LLC. Attorneys for Cantor denied the allegations. Such disclosures would not typically impact broader markets, but drew attention as they followed the collapse of two U.S. companies, FirstBrands and Tricolor. Those failures rattled investors worried about risks in private credit, a booming but less regulated market where companies have borrowed heavily in the past few years. Credit impairments in private debt have been rising and default rates have hit 5.5%, said Mark Dowding, chief investment officer at RBC BlueBay Asset Management, citing latest available data for the second quarter. "At the same time, it has also been striking that where credit events have occurred, this has gone hand-in-hand with a weakening of covenants and investor protections, inferring larger losses on default than have historically been the case," he added. JPMorgan Chase CEO Jamie Dimon said earlier this week about credit markets: "When you see one cockroach, there are probably more, and so everyone should be forewarned." BROADER MARKET IMPACT "Investors will have memories about how problems in regional banks in 2023 sparked a sharp decline in global bank stock prices and falls in broader global stock markets as well," said Vasu Menon, managing director of investment strategy at OCBC Bank in Singapore. Big U.S. banks have largely reported strong earnings in recent days, but with valuations across equity markets already high, investors are nervous. European bank shares are up some 40% year-to-date, while world stocks have risen 16%, as investors flocked to companies that might benefit from the AI boom. There has already been unease that the rally might have gone too far, with periodic sharp falls and gains for safe-haven assets. Worries about an escalation in U.S.-Chinese trade tensions sparked selling in stocks late last week. Investors are now fully pricing in an October U.S. rate cut, sending government bond yields lower, and the safe-haven Swiss franc has appreciated. Gold meanwhile hit a fresh record high, set for its best week in over 17 years. (Reporting by Ankur Banerjee in Singapore and Alun John in London. Additional reporting by Kevin Buckland in Tokyo Stella Qiu in Sydney and Dhara Ranasinghe in London and Medha Singh in Bengaluru. Editing by Mark Heinrich and Mark Potter)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

October 17, 2025 0 comments

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Inkhabar webdesk

Inkhabar webdesk

SLB beats estimates for third-quarter profit

Malaysia's FA suspends secretary-general, orders probe as naturalisation scandal heats up

Jefferies says fund tied to First Brands collapse separate from investment banking

'Frankenstein' review: Del Toro's passion project is its own monster

Malaysia's FA suspends secretary-general, orders probe as naturalisation scandal heats up

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China releases new rules on personal data exports

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Global bank stocks slide as US credit risks spark reality check

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