2020 Financial News

The Time Magazine, ending poverty – the target for which is 2030 under the UN Sustainable Development Goals – may not be possible for another 229 years. The report mentioned that the world got its first billionaire John D Rockefeller in 1916, when he achieved the status largely through his ownership of Standard Oil. ALSO READ: Davos 2024: Oxfam asks governments to control corporate power, break up monopolies as WEF heads for annual summit Following this, the concern over systemic exploitation lurking behind the widening wealth gap due to the rise of ultra-rich people began.

Union Education Minister Dharmendra Pradhan on Friday said that almost all states are implementing the National Education Policy 2020. He said that even the states that seem reluctant are indeed implementing the policy although they are using different terminology.

Wealthtech platform Share.Market aims to give a new dimension to discount broking in India by offering quantitative research and market intelligence that can facilitate sustained wealth creation for both retail investors and traders. “As we look to scale, we would endeavor to further strengthen our product to help retail and mass affluent investors in investment decision-making and inculcating investment discipline that is necessary for long-term wealth creation,” says Ujjwal Jain, CEO of Share.Market. The wealthtech platform plans to go live with futures & options trading by the end of March, and will look at adding more products to its portfolio in the near future. Edited excerpts from an interview with ETMarkets: How was 2023 for your wealthtech platform, a year that was highly rewarding for equity market investors? Ujjwal Jain: In 2023, our wealth platform experienced significant success, marked by our foray into stock broking with the launch of Share.Market in late August 2023, thereby rounding out our wealth offerings.

The number of Americans applying for unemployment benefits last week fell to its lowest level in more than a year, underscoring the resilience of the labor market amid elevated interest rates

Spanish court has ruled a former Facebook moderator's mental health was damaged by his work reviewing graphic content such as beheadings, in a case that could have implications for how social media firms work with moderators. The Barcelona court, upholding a decision by Spain's social security agency, said the psychiatric treatment the subcontracted moderator required was due to work-related issues, meaning he is entitled to extra compensation for sick leave.

Former US President Donald Trump on Wednesday night (local time) pledged to block the creation of a federal digital currency, terming it a «dangerous threat to freedom,» The Hill reported. While addressing a rally in New Hampshire's Portsmouth, Trump said, «Tonight, I am also making another promise to protect Americans from government tyranny.» He said, «As your president, I will never allow the creation of a central bank digital currency.»

Donald Trump Jr has said that conservative pundit Tucker Carlson could make a good vice presidential running mate for his father, The Hill reported. While speaking to cable channel Newsmax about whether he would consider Carlson, Trump Jr said the option was «on the table,» according to The Hill report.

By Jamie McGeever

For the first time in more than two decades, the Canada Revenue Agency’s prescribed interest rate for overdue taxes has hit double digits — 10 per cent for the first quarter of 2024. The last time the prescribed rate was so high was back in mid-2001.

By Mike Stone

Nelson Peltz’s Trian Fund Management is formally nominating the activist investor and a former Disney executive for a seat on Disney’s board, two days after the media and entertainment company nominated its own slate of directors

President Joe Biden has unveiled $82 million for North Carolina to help connect an additional 16,000 households and businesses to high-speed internet

(Reuters) -Alphabet-owned Google (NASDAQ:GOOGL) said on Thursday it would invest $1 billion in a data centre in the United Kingdom, which would expand the company's presence in the key market.

Newly unredacted documents from New Mexico’s lawsuit against Meta underscore the company’s historical reluctance to keep children safe on its platforms

Lawmakers in the United States and the United Kingdom are urging the Securities and Exchange Commission not to allow JBS, the world’s largest meatpacking company, to be listed on the New York Stock Exchange

By Jarrett Renshaw

Pran Pratishtha ceremony of Ram Lalla in Ayodhya Ram Mandir on January 22 across the country, news agency ANI reported Thursday citing sources The report said at least 9,000 screens are available at railway stations across the country, on which the national transporter plans to live telecast the Pran Pratishtha ceremony. Besides, Indian Railways the DD News and DD National channels of Doordarshan will live telecast the entire event Pran Pratishtha ceremony on January 22. Live telecast arrangements have been made in Ayodhya Dham.

Political risk in the U.K. is «far less than it's ever been» as the difference between the ruling Conservative Party and main opposition Labour on economic policy is «fairly minimal,» Barclays CEO C.S. Venkatakrishnan said Thursday.

the US Supreme Court declined to hear appeals from both Apple and Epic Games, effectively affirming a lower court ruling that favored Apple. Epic Games initiated the legal dispute in 2020, aiming to challenge Apple's control over the App Store, alleging the tech giant's monopoly practices. Central to the controversy was Apple's practice of charging up to 30 percent on all financial transactions within its app store, leading to accusations of an unjust "tax" on companies utilizing the platform.

The amount of time you spend online or on your phone can be linked to lower levels of mental health or dissatisfaction in friendships and relationships.

Also Read | Nifty Pharma hits all-time high; 10 stocks including Lupin, Cipla, Glenmark Pharma, Divi's Labs touch one-year peaks The offer from Sun Pharma totals approximately $347.8 million, according to Reuters calculations, and represents a 4.2% premium to Taro's closing share price on the preceding January 17. Sun Pharma, which presently holds a 78.5% stake in Taro, had initially proposed to purchase the remaining stake at $38 per share in May.