2020 Financial News

21.11 / 02:41

UPS FIVE Strategy 2020 International bowling Looking for the smartest IPL auction strategy

Subscribe to enjoy similar stories. The Indian Premier League (IPL) laid out a level playing field through player auctions from the very outset in 2008. Every team has a fixed purse, ensuring that the richest franchises cannot dominate the league simply by buying the best players.

20.11 / 22:05

COST Election community wellness Bill 2020 Judge puts stop to governor's effort to remove Virginia from greenhouse gas initiative

A judge has ruled that Virginia can’t withdraw from a multistate initiative designed to reduce greenhouse gas emissions unless the Legislature agrees to it

20.11 / 21:49

UPS Citizens Election Cree 2020 reports Investigations Randy Boissonnault out of cabinet amid business dealings controversy

Randy Boissonnault is out of Prime Minister Justin Trudeau’s cabinet after months of controversy surrounding his former medical supply business.

20.11 / 14:53

Provident Southern exclusive information 2020 Interviews International Ontario Teachers' Pension Plan to co-own financial advisor Max Matthiessen

Ontario Teachers’ Pension Plan (OTPP) agreed to acquire a co-control stake in Stockholm-based financial advisor Max Matthiessen from private equity firm Nordic Capital Ltd.

20.11 / 06:01

security Apple Freedom Fishing 2020 boating He rose to riches in Hong Kong. Now he’s a symbol of China’s crackdown.

Subscribe to enjoy similar stories. HONG KONG—Jimmy Lai came to Hong Kong in 1961 as a boy smuggled on a fishing boat, a refugee who left mainland China because his mother was afraid he would starve to death in the turmoil following the Communist takeover there. He rose from child laborer to clothing tycoon and media baron, living in a colonial mansion filled with books and flowers.

20.11 / 06:01

markets Election Research Trade War 2020 So you think you correctly predicted Trump’s win? Think again

Subscribe to enjoy similar stories. Of course you knew that Donald Trump was going to win this election. And that the Indian stock market was due for a substantial correction.

20.11 / 00:47

UPS Telegram WhatsApp Trade Inside 2020 Goldman Sachs' ex-head of APAC index trading got a new hedge fund job

As often seems to be the case, Ajay Kumar's long tenure as a top trader in an investment bank, doesn't seem to have been perpetuated since he left to work on the buy-side.

19.11 / 21:41

Citi security students 2020 Schools Courts Founder of artificial intelligence company used by schools in Los Angeles, NYC, Atlanta is arrested

The founder of an artificial intelligence company that worked with large school districts nationwide has been arrested on fraud charges

19.11 / 08:35

markets CEO Sky News 2020 reports FCA's Nikhil Rathi registers interest for top civil service job - reports

According to a report from Sky News, Rathi has thrown his hat into the ring, having been appointed to lead the UK financial watchdog by the Treasury in 2020, succeeding Andrew Bailey. Should the regulator's CEO be successful, it would not be his first foray into political life. Rathi served as private secretary to prime ministers Tony Blair and Gordon Brown from 2005 to 2008, before moving to the Treasury for half a decade to become director of the financial services group. FCA's Rathi calls for new approach to UK private markets to boost competition The FCA declined to comment, ...

19.11 / 03:53

HANS Trade 2020 reports Courts A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub

19.11 / 03:53

UPS CEO Nov poverty country 2020 Australian mine company to pay Mali junta $160 million after its CEO and 2 employees were detained

Australia’s Resolute Mining says it will $160 million to Mali’s ruling junta to resolve a tax dispute, more than a week after the company’s CEO and two other employees were detained in the West African country

19.11 / 01:29

markets Citi security Analysis Trade Experts 2020 City gas cos' stocks in the red as govt cuts APM quotas

city gas distributors Indraprastha Gas (IGL) and Mahanagar Gas (MGL) were among the top losers in Monday's trading after the government cut their gas allocations under the cheaper APM (administered price mechanism) over the weekend. The move triggered a spate of rating downgrades by analysts, who are mostly advising investors to sell the stocks for now. IGL plunged 19.8% to ₹325, its lowest closing since March 2020. MGL tumbled 13.8% to ₹1,130.55, the lowest closing since June 2023. Gujarat Gas, which already derives most of its supplies at market rate, fell 6.8% to ₹452.5 on Monday.

18.11 / 22:31

markets UPS Digital Strategy Research pandemic 2020 Quebec's Caisse de depot bets on quant strategies and is bullish to do more

Quebec’s public pension fund manager has grown its quantitative equity team to more than US$14 billion of assets in less than four years, and one of its top executives is bullish on doing even more.

18.11 / 22:31

UPS Target Aware Platform 2020 reports prevention Canadians lose hundreds of millions to fraudsters each year — Can a new bank alliance prevent that?

Jan Martin always thought she was “careful enough” in handling potential scammers. The project manager in her mid-30s frequently changed her passwords and rarely picked up calls from unknown numbers. But her confidence levels took a hit last summer when she lost $3,000 to fraudsters in the space of just a few minutes.

18.11 / 21:07

COST UPS Booking JetBlue 2020 travelers Spirit Airlines files for bankruptcy amid financial woes

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger carriers, and a failed attempt to sell the airline to JetBlue.

18.11 / 16:37

markets UPS Digital Cooper country 2020 China says it stands ready to deliver on Modi-Xi common understandings to improve ties

«China stands ready to work with India to deliver on the important common understandings between the leaders of the two countries, step up communication and cooperation and enhance strategic mutual trust,» he said, adding that he has no information on the specifics of the meeting of the leaders and officials. At their Kazan meeting, the two leaders endorsed the India-China agreement on patrolling and disengagement along the Line of Actual Control (LAC) in eastern Ladakh and issued directions to revive various bilateral dialogue mechanisms, signalling attempts to normalise ties that were hit by a deadly military clash in 2020.

18.11 / 00:27

markets COST UPS security Strategy 2020 Vedanta’s tangled debt, dividends, demerger: Where do shareholders stand?

Subscribe to enjoy similar stories. Vedanta is one lucky company. It has a monopoly on nickel production in India, is the largest private crude oil producer and iron ore miner in India, has the lowest cost of production, and pays incredible dividends.

18.11 / 00:27

markets COST UPS film show 2020 rights Is this stock the next big ticket for investors?

Subscribe to enjoy similar stories. If you’d asked anyone before covid about the movie exhibition business, the answer would’ve been simple: single screens were fading and multiplexes were booming. And they weren’t wrong.

17.11 / 09:37

Citi Football wellness 2020 Sporting rowing Football’s “sleeping giants” should be cherished

Subscribe to enjoy similar stories. Football fans outside Germany may not pay much attention to the country’s second division. After all, Europe boasts a plethora of high-quality leagues and there are only so many hours in the day.

16.11 / 14:19

markets UPS Digital Election Experts show 2020 From New Jersey to Hawaii, Trump made inroads in surprising places in his path to White House

Donald Trump's return to the presidency but the fact that he carried their northern New Jersey county, a longtime Democratic stronghold in the shadow of New York City. To Maria Russo, the woman pouring the drinks, the reasons behind Trump's win were as clear in the runup to the election as the shot glasses lined up on the high-top tables. A mother raising two kids on her own in Passaic County on a barkeep's income, she saw it not just in light of her own situation but those of the people around her.

16.11 / 12:11

Career Election Celebrity 2020 Relationships peace Trump 2.0's most powerful woman Tulsi Gabbard is a Lord Krishna devotee. Took oath twice on Bhagavad Gita

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