2020 Financial News
28.02 / 06:49
27.02 / 06:23
26.02 / 20:17
markets
Manufacturing
RAI
performer
2020
medicines
Pharmaceuticals
Eli Lilly announces $27-billion US expansion: To add 13,000 jobs and new manufacturing sites
Eli Lilly & Co has unveiled plans to expand its US manufacturing operations with a $27-billion investment in four new plants set to open in 2025. This brings Lilly’s total US investment to over $50 billion since 2020.
26.02 / 16:13
markets
MET
FIVE
Trade
2020
strain
Mint Explainer: Why RBI has allowed premature redemption of sovereign gold bonds
Subscribe to enjoy similar stories. On 21 February, the Reserve Bank of India published a calendar for the premature redemption of sovereign gold bonds (SGB) issued between 16 October 2017 and 8 September 2020 in 34 tranches. The redemption of these bonds will be held between 16 April and 8 September.
26.02 / 11:47
UPS
Strategy
Mobile
Chevron
Trade
2020
Updates
BP to slash green spending, pivot back to oil
Subscribe to enjoy similar stories. LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its flagging share price. The struggling British energy company announced the moves Wednesday as part of a much-anticipated strategy update aimed at winning over investors.
26.02 / 09:13
markets
President
2020
reports
Videos
Relationships
It wasn't love at first sight for Elon and Trump. When Musk reportedly called US President 'f***ing moron'
Elon Musk has been a consistent presence in the Oval Office.
26.02 / 03:19
markets
FIVE
Analysis
Research
Trade
performer
2020
One-third of NSE 500 stocks now cheaper than pre-covid valuation
NSE 500 stocks are cheaper than their pre-Covid valuations, as measured by price-to-earnings (PE) and price-to-book (P/B) ratios. Following the sharp market correction since October 1, several blue-chip companies are 10-60% below March 2020 levels by these key metrics. They include HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India (SBI), Hindustan Unilever (HUL), Bajaj Finance, Kotak Mahindra Bank, Maruti Suzuki, Axis Bank, Bajaj Finserv, Avenue Supermarts, Coal India and Asian Paints. For banks, the valuation is derived from the price-to-book. When PE and PB ratios are higher than long-term averages, a company is perceived to be more expensively valued and vice versa.
25.02 / 18:57
markets
singer
2020
reports
Interviews
Relationships
Is Jessica Simpson considering rekindling romance with John Mayer after splitting from Eric Johnson? Here’s what we know
Jessica Simpson is reportedly contemplating the idea of reconnecting with her former boyfriend, John Mayer, following her separation from Eric Johnson, whom she was married to for a decade.
25.02 / 16:11
Fox
President
social
2020
testing
Interviews
Trump wants Keystone XL pipeline built 'now'
United States President Donald Trump said Monday he wanted to revive the Keystone XL oil pipeline, even though its developer has already walked away from the project.
25.02 / 12:15
Fox
President
social
2020
testing
Interviews
Trump Wants Canada's Keystone XL Oil Pipeline Built 'Now'
(Bloomberg) — US President Donald Trump said Monday he wanted to revive the Keystone XL oil pipeline, even though its developer has already walked away from the project.
24.02 / 18:05
markets
economy
MSCI
Trade
President
country
2020
Trump's China order interrupts rally in emerging-market stocks
Emerging-market stocks fell on Monday, after posting the longest streak of weekly gains since 2020, as President Donald Trump’s latest executive order deepened investor concerns over the economic showdown between the United States and China.
24.02 / 00:57
markets
Target
Analysis
wellness
Cycling
show
2020
Can multi-asset funds balance risk and returns?
Subscribe to enjoy similar stories. MUMBAI : Multi-asset funds work on the principle that by investing across different asset classes, investors can reduce volatility and optimize their returns, as at least one asset class is likely to do better than others in a given economic cycle. But can multi-asset portfolios work in Indian markets.
23.02 / 04:21
ETF
Analysis
Trade
President
War
2020
Gold on pace to log 8th weekly advance as ETFs lure inflows
Bullion edged lower to about $2,926 an ounce on Friday but remains more than 1% higher this week, with trading marked by fast-rising holdings in bullion-backed exchange-traded funds. An eighth weekly increase would be the longest winning run since 2020.
21.02 / 13:47
21.02 / 01:41
20.02 / 23:25
20.02 / 14:51
markets
Fighting
2020
reports
GoodGlamm in talks to sell ScoopWhoop to WLDD
Subscribe to enjoy similar stories. Indian meme marketing startup Wubba Lubba Dub Dub (WLDD) is in talks to acquire ScoopWhoop from troubled content-to-commerce firm Good Glamm Group. The proposed sale of ScoopWhoop comes a week after the Prosus-backed group sold back Sirona Hygiene to its founders.
20.02 / 12:43
markets
Virus
2020
prevention
infection
Vaccines
Seasonal flu is now deadlier than even Covid-19 in the US for the first time in five years. Here's why
Covid-19 pandemic began, influenza has overtaken Covid-19 as the deadlier virus in the US this winter, according to a report of The Straits Times.
20.02 / 12:43
markets
DISH
performer
2020
I myself didn't know how I got into the Pak team for CT: Khushdil
Khushdil Shah is surprised that he has been picked for the Champions Trophy despite dishing out ordinary performances, saying he himself doesn't know «how I got into the team». Khushdil, a middle-order left-hand batter, scored a stroke-filled 69 off 49 deliveries but his efforts went in vain as Pakistan lost the Champions Trophy opener to New Zealand by 60 runs.
20.02 / 07:57
markets
Waters
security
Remark
2020
A dentist, an AAP rebel, and four others take oath along with Rekha Gupta: Here's all about the new Delhi Cabinet
Rekha Gupta took the oath as Delhi’s chief minister at Ramlila Maidan on Thursday. Along with her, BJP leaders Parvesh Verma, Manjinder Singh Sirsa, Kapil Mishra, Ashish Sood, Pankaj Kumar Singh, and Ravinder Indraj Singh were sworn in as cabinet ministers. The oath-taking ceremony was attended by Prime Minister Narendra Modi and other dignitaries.
19.02 / 09:19
Reuters
2020
Inflationary pressures 'far from tamed' as CPI comes in higher than expected at 3%
According to data from the Office for National Statistics (ONS), the UK Consumer Prices Index (CPI) came in 0.2 percentage points above the 2.8% figure forecast by economists polled by Reuters. Chief economist at the ONS, Grant Fitzner, said «the rise was driven by air fares not falling as much as we usually see at this time of year, partly impacted by the timing of flights over Christmas and New Year», making last month the weakest January dip since 2020. Bank of England slashes interest rates by 25bps to lowest level in 18 months Also driving this spike was an increase in the co...
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