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15.01 / 13:25
UPS Citi Waters Southern Experts Universities mountaineering Trump’s claim Canada’s water would stop L.A. fires ‘preposterous’: experts
deadly and historically destructive wildfires, U.S. president-elect Donald Trump has made what experts call “preposterous” and false claims that California could have avoided the disaster by allowing water from Canada to flow through the state.Trump, who has fixated on California’s water management issues before and has raised them once again amid the fires, reiterated his claim about Canadian water in an interview with Newsmax Monday evening.“You know, when I was president, I demanded that this guy, the governor (of California), accept the water coming from the north, from way up in Canada,” Trump said.“It flows down right through Los Angeles.
15.01 / 13:13
Waves country innovations Department UK attracts over £14bn of private investment in AI in two days
The Department for Science, Innovation and Technology said companies from around the world are looking to back the UK's new blueprint to ensure the country can fully achieve opportunities in the AI field. The latest multi-billion wave of investment came on the back of another £25bn into the UK's data centre infrastructure revealed at the Global Investment Summit last year, raising the total to £39bn in the last six months, according to the department. No trade-off between AI and workers as investors call for greater focus on upskilling On average, around £200m in private sector inv...
15.01 / 13:13
Action dance FCA fines increase 230% in 2024 amid heightened crackdown on financial misconduct
Last year, the regulator took out 27 enforcement actions, which resulted in £176m worth of fines, in its push to crackdown on financial misconduct. By comparison, fines in 2023 totalled £53.4m, SteelEye found, the first time in seven years the FCA issued fewer fines, which contributed to such a major year-on-year increase in 2024. WealthTek boss John Dance charged with £64m fraud and money laundering The lion's share of penalties was in relation to breaches of the watchdog's Principles of Business, more specifically PRIN 3, which relates to management and control, including risk ma...
15.01 / 13:13
COST Provident Updates Liontrust suffers 5.3% drop in AUM following £1.6bn outflows in Q4 2024
Net outflows for the fourth quarter stood at £1.6bn, slightly lower than the £1.7bn in the same period in 2023. However, Liontrust noted that as of 9 January, its AUM had seen a small uptick to £24.7bn. Liontrust's Julian Fosh retires after nearly two decades with the firm The firm also provided an update to its business transformation programme — unveiled in November 2024 — which included the reduction of 25 roles. It explained that having reviewed the proposed cost efficiencies the programme could bring, it has identified additional savings and has put forward a «further small...
15.01 / 12:45
markets Digital Strategy Software Experts PAM reports 5 skills for sure-shot success in a hybrid work model
hybrid work model has gained immense prominence over the last few years, redefining the way organizations and employees operate. Due to its ability to offer flexibility, enhance employee satisfaction, and improve work-life balance, it has become a popular choice for businesses across industries. While many organizations report increased productivity with this model, employees appreciate the opportunity to achieve healthier work-life balance.
15.01 / 12:45
markets Provident Platform Strategy TikTok PAM Courts TikTok seeks to reassure US employees ahead of January 19 ban deadline
TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the sale of the short-video app in the U.S. or ban it, the company's leadership said in an internal memo reviewed by Reuters on Tuesday.
15.01 / 12:45
markets CEO Platform Strategy social orienteering LGBTQ+ creators brace for Meta's pro-Trump changes
Meta's decision to change its community standards to allow more incendiary language against people of different races and LGBTQ+ people could silence their voices, harm livelihoods and damage their mental health.
15.01 / 12:45
markets Citi Target Digital Strategy Experts PAM India to achieve 20% ethanol blending target in 2 months: Nitin Gadkari
Nitin Gadkari said on Wednesday. The practice of blending ethanol with petrol began in 2001 as a pilot project.
15.01 / 12:13
markets UPS Analysis Trade Experts Updates Stock market update: Power stocks up as market rises
Inox Wind Ltd.(up 5.42%), Ravindra Energy Ltd.(up 5.00%), Energy Development Company Ltd.(up 5.00%), Inox Wind Energy Ltd.(up 3.94%), NTPC Ltd.(up 3.53%), Torrent Power Ltd.(up 3.13%), Power Grid Corporation of India Ltd.(up 2.90%), Adani Green Energy Ltd.(up 2.81%), JSW Energy Ltd.(up 2.50%) and KPI Green Energy Ltd.(up 2.41%) stood among the top gainers.
15.01 / 12:13
markets UPS Analysis Trade Experts Updates Stock market update: Sugar stocks down as market rises
EID Parry(India)Ltd.(up 2.82%), Sakthi Sugars Ltd.(up 2.28%), Shree Renuka Sugars Ltd.(up 2.20%), Ponni Sugars(Erode)Ltd.(up 2.10%), Bajaj Hindusthan Sugar Ltd.(up 1.83%), Kothari Sugars & Chemicals Ltd.(up 1.25%), Rana Sugars Ltd.(up 0.77%), KM Sugar Mills Ltd.(up 0.52%), Dhampur Sugar Mills Ltd.(up 0.37%) and DCM Shriram Industries Ltd.(up 0.19%) stood among the top gainers.
15.01 / 12:13
markets CEO security Analysis Research Trade Experts Budget holds promise for retail investors: Shripal Shah, Kotak Securities CEO
Budget, set to be presented on February 1, retail investors and industry stakeholders are hopeful of consumer relief and market-friendly reforms. Anticipation is building around potential tax breaks for lower-income groups and adjustments to capital gains taxes — measures that experts believe could boost consumption, revive urban demand, and reinvigorate the stock market. Shripal Shah, MD & CEO of Kotak Securities, highlighted key measures that could shape the economic and market landscape. “The upcoming Budget holds promise for retail investors, particularly with expectations of tax relief in the lower income slabs. If the government reduces tax rates for smaller taxpayers, it could lead to higher disposable income in the hands of the common man,” Shah said.
15.01 / 12:13
markets Airlines Strategy economy travelers Features International From wifi to luxury travel kits: How Air India's in-flight passenger woes may soon die down
in-flight experience, including broken seats, the airline is rolling out a series of upgrades aimed at enhancing this.
15.01 / 12:13
markets Digital Strategy wellness Experts PAM Courts Delhi court denies bail to AAP leader Naresh Balyan in MCOCA case
AAP leader and Uttam Nagar MLA Naresh Balyan in a case lodged under the stringent MCOCA. The judge passed the order after hearing arguments from the accused as well as the prosecution.
15.01 / 12:13
markets Digital Strategy economy Food Experts PAM India poised to become world's 4th largest economy by 2026; GDP to grow 6.8% in FY25: PHDCCI
PHDCCI on Wednesday, as it projected the nation's GDP to grow 6.8 per cent in the current financial year ending March and 7.7 per cent in FY26. With the Indian economy growing resiliently over the past three years, it is expected to become the fourth largest economy in the world by 2026, surpassing Japan, said Hemant Jain, President, PHD Chamber of Commerce and Industry.

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