2020 Financial News

With the market dropping precipitously in 2022, registered investment advisors spent much of last year fighting to hold onto clients and soothe their anxieties.

Nicki Minaj, 40, in a recent interview with Vogue, opened up about the challenges and changes in her marriage with Kenneth Petty, 45, following the birth of their son three years ago. The couple, who tied the knot in 2019, faced the inevitable trials that parenthood brings. Minaj shared candidly about the difficulties they encountered, stating, «I'm not going to lie, things got testy between us.» However, the rapper expressed confidence in their ability to overcome challenges due to their shared history. She reflected on the common anxiety that accompanies parenthood, emphasizing that there's no such thing as complete confidence in going through the complexities of being a parent. The couple welcomed their son in September 2020, but Nicki Minaj has kept his name private, referring to him as «Papa Bear» on social media. While discussing motherhood, Minaj delved into her expectations versus the reality of being a mother. She admitted to initially believing that once she had a family, her desire to make music would diminish. Minaj shared her preconceived notions, saying, «I would always tell people, ‘Watch, when I have a child I’m going to cook every meal for him and bake cookies every day.'» However, the reality of motherhood differed from Minaj's expectations, leading her to recognize that her passion for making music persisted. The rapper recounted meeting a mom with a seemingly perfect home, describing her as the «world’s best homemaker.» Despite her apparent success, the woman experienced guilt both as a homemaker and a working mom. This encounter prompted Minaj to embrace her true calling and continue making music, she expressed.

The Proof of Stake Alliance (POSA), in partnership with Paradigm Policy Lab, put forward a new set of best practices for staking with the goal of ensuring “customer protection and responsible innovation in the staking space” on Thursday, November 9th.

By Andrew Goudsward

In this article

GST. However, the value of physical gold can truly be realised when you either exchange it for cash or use it to buy jewellery. In the first option, when you exchange the coins for cash, the jeweller will deduct a 3% fee, which brings down the IRR to 6.59%.

Apple Inc. risks having to pay a €13 billion ($14 billion) tax bill to Ireland after an adviser to the European Union’s top court said the iPhone maker’s victory in an earlier challenge should be thrown out.

GuideStone Capital Management President and CIO David Spika discusses the markets, inflation, and how the latest jobs report reflects the current state of the economy.

Apple, an adviser to Europe's top court on Thursday said an European Union (EU) tribunal made legal errors when it ruled in favour of the iPhone maker over a $14 billion tax order. The adviser also said the case should be reviewed again. In 2016, the European Commission had said that Apple benefited from two Irish tax rulings for more than two decades that artificially reduced its tax burden to as low as 0.005% in 2014.

By Foo Yun Chee and Bart H. Meijer

stark choice in the second round of its presidential election on November 19th. Sergio Massa, the current finance minister whose government is presiding over inflation of 138% and a bizarre system of various official exchange rates, is facing Javier Milei. Mr Milei is a libertarian who says he wants to tear down the system, borrowing ideas from Friedrich Hayek, Milton Friedman and other free-market economists.

India is planning to ease and expand some norms for five sectors to help them better utilise its $24 billion industrial incentives aimed at boosting local manufacturing, two government officials said on Thursday. The 1.97-trillion rupees production-linked incentive scheme (PLI), launched in 2020, covers 14 sectors ranging from electronic products to drones but has been successful only in a handful of them, triggering reviews. The changes are being planned in the textiles, pharmaceuticals, drones, solar and food processing industries, which together form nearly a third of the PLI scheme. The government plans to include more products in the textile sector such as man-made fibre and give firms an additional year to meet the manufacturing targets required to claim incentives for the scheme, the officials said. The scheme will also be extended by a year for the pharmaceuticals sector, while the financial allocation will be raised for incentive payouts to the production of drones to 3.3 billion rupees from the current 1.2 billion rupees, the officials added. For the food processing sector, India plans to extend the scheme to millet-based products and include the production of ingots and wafers in the scheme for the solar module sector, the officials said. India's trade ministry, which oversees the scheme's implementation, is discussing the changes with other federal departments, they said. The officials did not wish to be named as details of the discussions have not been made public. The trade ministry did not respond to an emailed request for comment. «None of the changes currently being discussed require fresh financial allocation, but will draw from the scheme's savings,» one of the officials said. Consumer-goods

City gas distribution player Torrent Gas Limited has appointed Manoj Jain as its Managing Director with effect from 1 January, 2024. Before this, Jain was the Chairman and Managing Director of GAIL (India) Limited from February 2020 to August 2022. «Jain is a seasoned business leader with an excellent track record across multiple areas within GAIL and is widely considered an expert in the Oil and Gas sector.

First-time home buyers who borrowed in the interest rate trough and bought a house at the previous price peak are rolling on to new variable interest rates that are higher than the buffers applied by banks when customers took out the loan.

Prezzee, the gift card company backed by billionaire Shaun Bonett, has cut about 10 per cent of its workforce, largely in its technology team.

Former Citi managing director Philip Graham’s CleanPeak Energy is making a bet on the Canberra elite. The rooftop solar outfit has inked an agreement to acquire Sentient Impact Group’s portfolio of 14.5-megawatt solar farms in Western Australia and the nation’s capital.

A businesswoman convinced a court to require her ex-partner to acknowledge he made false claims about a cosmetics line called Biologi, which had been promoted as the world’s first skin cream made from a single type of plant.

A Texas businessman at the center of the scandal that led to the historic impeachment of state Attorney General Ken Paxton has been charged with additional federal crimes

General Motors will not break its partnership with Andretti Global to enter Formula One and is not interested in considering other teams to partner with to gain entry to the global motorsports series

These nine equity schemes were from ELSS, flexi cap, focused fund, large & mid cap, and large cap fund categories. Two large cap, focused funds, flexi cap funds, and ELSS funds offered less than 8% in a three year horizon. One large & mid cap fund also offered less than 8%. We considered all equity schemes like large cap, mid cap, large & mid cap, small cap, ELSS, multi cap, flexi cap,focused fund, contra and value. We considered regular and growth options.

Trump sought to buy a Florida golf course in 2011, his daughter Ivanka expressed concern that he was not wealthy enough to close the deal, according to evidence presented Wednesday in a civil fraud trial that threatens the former U.S. president's business empire. The emails and other documents were presented as New York state lawyers wrapped up their case, which argues that Trump and his company inflated his net worth by as much as $2.2 billion to win better financing terms. They are seeking more than $250 million in penalties and restrictions that could strip Trump of some of his best known trophy properties. Testifying as the state's final witness, Ivanka Trump sought to distance herself from the questionable valuation methods that have already been ruled fraudulent by the judge overseeing the trial.