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17.01 / 17:11
UPS Citi Tesla Eaton Department evacuation Burning Teslas add to toxic pollution delaying L.A. return
As the smoke clears from devastating Los Angeles wildfires, efforts to clean up the affected areas are being complicated by burnt-out electric and hybrid vehicles and home-battery storage systems.
17.01 / 17:11
UPS Target FIVE CEO Strategy Election TD speeds up CEO succession, makes sweeping changes to board
Toronto-Dominion Bank is speeding up the appointment of its new chief executive and has made sweeping changes to its board, just a few months after regulators in the United States levied sanctions against the lender for failing to monitor money laundering activities at its branches.
17.01 / 17:11
markets UPS Target economy Trade President Retaliation against U.S. tariffs could force Bank of Canada to hike interest rates, economist says
Retaliation against United States tariffs could hold the key to Bank of Canada‘s moves on interest rates, says a prominent economist.
17.01 / 17:11
Target Ripple Action coinbase President Bitcoin Investigations Trump to designate cryptocurrency a national priority
United States president-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans.
17.01 / 17:11
Platform security TikTok Bill President social Courts TikTok ban upheld by U.S. Supreme Court — here's what it means for Canada
The United States Supreme Court upheld a law banning TikTok on Friday, meaning the short video platform has until Sunday to shutter its U.S. operations or find a buyer. The law calling for the closure or sale of the Chinese-controlled social media app — which has more than one billion monthly active users worldwide, including 170 million in the U.S. and 14 million in Canada — was passed in April. Last week, the U.S. Supreme Court began hearing arguments from the company’s legal team, which was hoping to overturn the ban. Prior to Friday’s ruling, TikTok had insisted it is unwilling to sell and will shut down in the U.S. The Financial Post’s Yvonne Lau explains the ban and what it will mean for the millions who use the platform, both in the U.S. and in Canada.
17.01 / 17:05
markets UPS Target security Remark awards prevention Sebi looking at ways to grow F&O system for capital formation: Sebi WTM Ananth Narayan
Subscribe to enjoy similar stories. India's capital markets ecosystem has seen significant growth, but the challenges of preserving trust and ensuring effective regulation are ever-present, said Ananth Narayan G., whole-time member (WTM) of the Securities and Exchange Board of India (Sebi). At the 17th Mint BFSI Summit & Awards, Narayan outlined the regulator's response to the frenzy in futures and options, by implementing targeted measures to curb egregious overtrading, particularly around expiry days.
17.01 / 16:55
markets UPS Manufacturing Mobile ICE Hyundai stage 2025 will be the year of EVs for India, say automakers at Bharat Mobility Expo
Subscribe to enjoy similar stories. New Delhi: Automakers have thrown the gauntlet: 2025 will be the year of electric vehicles (EVs). The new-energy vehicles held the centre stage across manufacturers exhibiting models at the Bharat Mobility Global Expo 2025.
17.01 / 16:29
markets IPO Enterprise awards Experts gatherings More tier-II companies are likely to drive India’s IPO boom in 2025
Subscribe to enjoy similar stories. After a year of record fundraising through initial public offerings (IPO), merchant bankers are expecting domestic IPOs to gather more steam in 2025, with increasing funding demand from tier-II companies. “At this point of time, our estimates suggest around $35 billion (worth of) IPOs (planned) in the current calendar year," Kaushal Shah, managing director and head of equity capital markets at Kotak Mahindra Capital Co.
17.01 / 16:29
markets COST MET Manufacturing economy Trade shock Trump’s own plans stand in the way of repeating his economic success
Subscribe to enjoy similar stories. Sometimes the order in which you do things makes all the difference. That could prove to be the case with President-elect Donald Trump’s economic policies.
17.01 / 15:49
wellness Multi-asset manager Paul Kim retires from Liontrust after more than a decade at the firm
His retirement was effective from May 2024, after joining the firm in 2013. He previously worked as head of multi-manager and fund selection at mutual insurer LV=. John Husselbee, head of the Liontrust multi-asset team, said: «Paul was a highly valued colleague, a pleasure to work with and was very well regarded throughout the industry. „His expertise in fund selection contributed significantly to the success of the Liontrust multi-asset team.“ Liontrust's Julian Fosh retires after nearly two decades with the firm Husselbee noted the team has continued to grow, as it integrated ...
17.01 / 15:49
markets Election FCA to rely more on Consumer Duty to avoid introducing additional regulation
The Labour government made the need for growth a key priority in both its election manifesto and ruling agenda, with the chancellor recently calling on all regulators to assess measures and areas that may be stifling growth across their respective sectors. FCA 'monitoring' developments in Saba saga In his letter, Rathi listed all the steps the watchdog has taken so far to boost this metric, from the reforms to the Listings Rules, to the launch of long-term asset funds (LTAFs), and changes to the fixed income and commodity markets. He wrote «growth will be a cornerstone of our strat...
17.01 / 15:49
economy Sustainability Updates IMF upgrades UK economic outlook to become 'fastest growing' major economy in Europe
According to the January 2025 update to the IMF Global Economic Outlook, the UK economy is expected to grow by 1.6% this year and 1.5% in 2026. IMF backs Rachel Reeves' 'sustainable' £40bn tax hikes This compares to the previous outlook in October 2024, when the IMF forecast growth of 1.5% for the current year. Chancellor Rachel Reeves said that, apart from the US, the UK was the only G7 economy to have its growth forecast upgraded for the year. Additionally, she noted that the IMF's revised economic outlook meant the UK is «forecast to be the fastest growing major European econ...
17.01 / 15:47
Provident WhatsApp Rs 10k crore support to steel plant due to sector's importance in building Aatmanirbhar Bharat: PM
Prime Minister Narendra Modi said Friday that the equity support of more than Rs 10,000 crore for the Visakhapatnam steel plant has been given due to the importance of the steel sector in building an "Aatmanirbhar Bharat". The plant has a special place in the hearts and minds of the people of Andhra Pradesh, he said on X.
17.01 / 15:47
markets Digital Strategy PAM social reports Relationships Honeymoon over? Reports say the Trump family doesn’t like Don Jr.’s new girlfriend, Bettina Anderson, after his split from Kimberly Guilfoyle
Kimberly Guilfoyle, Don Jr.'s new girlfriend is apparently disliked by the Trump family. Bettina Anderson, a 38-year-old social media influencer and Donald Trump Jr.'s new girlfriend, is apparently disliked by the Trump family.
17.01 / 15:47
markets Platform security TikTok Experts Courts Videos Why has TikTok been banned in US and what can Trump do to save it? Explained in 10 points
unanimously upheld the federal law banning TikTok beginning Sunday unless it's sold by its China-based parent company. The top court held that the risk to national security posed by its ties to China overcomes concerns about limiting speech by the app or its 170 million users in the United States.
17.01 / 15:47
markets Platform security ByteDance TikTok social Courts US Supreme Court upholds law banning TikTok
ByteDance or banned on Sunday in the United States on national security grounds — a major blow to a platform used by nearly half of all Americans.
17.01 / 15:47
markets Provident Strategy Align Universities 700 million Suns’ worth of power fired at Earth and it could destroy us? Here's what we know
oldest blazar ever observed. This cosmic giant, a supermassive black hole named J0410−0139, is located 12.9 billion light-years away from Earth. Its powerful jet, aimed directly at Earth, makes it the most distant blazar ever recorded, surpassing the previous record-holder by 100 million years. The findings, published in The Astrophysical Journal Letters, mark a milestone in the study of supermassive black holes and their formation in the early universe.
17.01 / 15:47
markets Provident security Strategy Mobile WhatsApp information Indian Army's 'Sambhav' smart phone used during China border talks for secure communication
Indian Army used the Sambhav smartphones which have now been given in large numbers to the officers in the force.
17.01 / 15:47
markets Digital Strategy Myanmar Experts PAM Banned yaba tablets, brown sugar worth Rs 62 crores seized in Manipur, two arrested
Yaba tablets and Brown Sugar worth around Rs 62 crores from Mata Village in Manipur’s Churachandpur District.
17.01 / 15:47
markets Digital Manufacturing Strategy Boeing Experts PAM US industrial production jumps in December
US industrial production fared much better than expected last month, the Federal Reserve said Friday, rising sharply as aircraft manufacturing rebounded after the end of a strike at Boeing.
17.01 / 15:47
markets Digital Strategy economy PAM reports Trump's economic plans could cause inflation: IMF chief economist
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

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