Usa Financial News
16.01 / 10:35
markets
Hollywood
Boxing
Marvell
film
audience
stars
Why Hollywood will be looking to Superman and Snow White to rescue it in India
Subscribe to enjoy similar stories. For Hollywood movies in India, 2024 was among the worst in about a decade because of an overkill of brands like Avengers and big franchises failing to bring in the audience.
16.01 / 10:35
markets
security
Trade
Universities
country
Department
International
Can Donald Trump really weaken the dollar to enhance US trade competitiveness?
Subscribe to enjoy similar stories. One of the more jaw-dropping policy ideas gaining political steam in the US recently has President-elect Donald Trump and his team, on taking office, actively depressing the dollar with the goal of boosting US export competitiveness and reining in the country’s trade deficit. If Trump tries, will he succeed? And what could—and probably would—go wrong? On the question of whether Trump could weaken the dollar, the answer is clearly ‘yes.’ But whether doing so would enhance the competitiveness of American exports and strengthen America’s trade balance is quite another matter.
16.01 / 10:19
16.01 / 10:19
markets
UPS
Actor
stars
reports
evacuation
Investigations
Ben Affleck charged with crime? Actor's intense encounter with police outside LA home amid FBI investigation
Ben Affleck is one of the celebrities who had to flee their home in Los Angeles due to the devastating Pacific Palisades fire. The “Argo” director, 52, was evacuated from the $20 million house after the intense blaze and went to his ex-wife Jennifer Garner’s nearby home, according to TMZ. A few days later, FBI agents visited Ben Affleck's home. Photos showing the FBI visiting Ben Affleck's home in the Los Angeles area over the weekend were obtained, as quoted in a report by Parade.
16.01 / 09:35
16.01 / 09:35
markets
Research
Justice
social
reports
Department
Investigations
Hindenburg shutdown: Did the short seller begin to feel the heat?
Hindenburg Research, the US short seller that mounted an attack on the Adani Group and Sebi chief Madhabi Puri Buch, is shutting down. Founder Nate Anderson did not specify any one reason to disband it. «There is not one specific thing — no particular threat, no health issue, and no big personal issue,» he said. «As I've shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research,» he added. He explained that the plan was to wind up operations after completing their pipeline of investigative ideas. Notably, the firm recently concluded its final projects related to Ponzi schemes, marking the end of its research activities.
16.01 / 09:03
Proxy voting advisers side with Herald board to vote against Saba Capital
Both ISS and Glass Lewis offer investors independent insights relating to their holdings, which includes advice on how to vote at respective company meetings. HRI is the first of seven trusts that will have its shareholders vote on a series of resolutions brought forward by the US hedge fund to oust the current board and enact its methods of narrowing the entrenched discounts. Saba Capital pulls back curtain on plans to merge investment trusts following shareholder meetings The requisitioned general meeting is set to take place on Wednesday 22 January at midday at 10-11 Charterhous...
16.01 / 08:23
16.01 / 08:23
markets
ETF
Analysis
economy
trends
Trade
show
Long-term vs short-term views: Why Indian markets remain a strong bet for investors
foreign institutional investors (FIIs) have been net sellers, offloading about $23 billion from October 2024 to January 2025. The prevailing narrative attributes this to a weakening Indian economy. However, a closer examination reveals a more nuanced reality.
16.01 / 07:55
markets
Digital
Manufacturing
Sustainability
community
innovations
CEAT, HUL facilities join World Economic Forum's Global Lighthouse Network
CEAT and FMCG major Hindustan Unilever Ltd have joined the Global Lighthouse Network of the World Economic Forum for transforming manufacturing through innovation. Announcing 17 new members to the network, the WEF on Tuesday said this community of 189 industry leaders is pioneering the use of cutting-edge Fourth Industrial Revolution technologies in manufacturing.
16.01 / 07:29
UPS
JPMorgan
economy
wellness
Banner
reports
JPMorgan posts record annual profits as US banks thrive in final quarter of 2024
JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year
16.01 / 07:29
UPS
Provident
Airlines
JetBlue
travelers
Department
Courts
US government sues Southwest Airlines and fines Frontier for chronically delayed flights
The Transportation Department is stepping up enforcement of persistent flight delays with a lawsuit against Southwest Airlines and a fine against Frontier Airlines
16.01 / 07:29
16.01 / 07:29
16.01 / 05:21
UPS
Target
security
Analysis
Trade
Experts
recommendations
Azad Engineering shares rally over 9% after Rs 960 crore supply deal with US-based firm
Azad Engineering surged as much as 9.5% on Thursday to Rs 1,732.55 on the BSE after the company secured a Rs 960 crore supply deal with GE Vernova International LLC, USA, to deliver complex rotating and stationary airfoils for advanced gas turbine engines. The long-term supply agreement, valued at $112 million (approximately Rs 960 crore), spans six years and involves the delivery of specialized rotating and stationary airfoils for advanced gas turbine engines, the company said in a press release to the bourses.
16.01 / 05:21
16.01 / 05:21
markets
UPS
Strategy
Trade
Experts
electronic
US importers rush in goods from China as Trump tariff threat looms
China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump's plan to impose new tariffs that could revive a trade war between the world's economic superpowers.
16.01 / 04:07
markets
Target
Analysis
Trade
Experts
Courts
International
GAIL shares in focus after $285 million settlement with SEFE Marketing, case withdrawn in London
The settlement, finalised on Wednesday, involves SEFE Marketing paying $285 million to GAIL (India), marking a resolution to the dispute. The agreement also includes the withdrawal of the arbitration proceedings before the London Court of International Arbitration.
16.01 / 03:37
UPS
JPMorgan
security
Discover
President
International
Will Donald Trump unleash Wall Street?
Subscribe to enjoy similar stories. According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated upon Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast.
16.01 / 03:09
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