2020 Financial News

The new Flockerz ($FLOCK) meme coin continues to dominate the presale scene, with over $700,000 in funding locked down.

Subscribe to enjoy similar stories. Elon Musk’s space company sued regulators in California after officials rejected a request to allow more SpaceX rocket launches, claiming the decision was politically motivated. The suit, filed Tuesday in California’s central district, marks the billionaire’s latest volley in a long-running feud with the Golden State.

Subscribe to enjoy similar stories. MUMBAI : Investment strategies can be aligned with specific factors such as value, quality, momentum, low volatility, alpha, or a combination of these. Value and quality are often viewed as opposing strategies, as they target different characteristics of a company.

Tom Brady’s purchase of a minority stake in the Las Vegas Raiders has been approved by NFL team owners

Mexican officials say companies have pledged $20 billion in new foreign direct investment in Mexico

Inflation in September rose 1.6 per cent, the slowest year-over-year increase in more than three years and well below the Bank of Canada‘s target of two per cent.

Officially launched in 2020 to take advantage of cutting-edge healthcare companies, the fund's assets under management have now fallen to £26m.  Co-managed by Julia Angeles, Marina Record and Rose Nguyen and having been run internally for two years, the fund sits in the bottom quartile over several timescales, returning 4.4% over one year against the IA Healthcare average of 12.6%, according to FE fundinfo.  Baillie Gifford to shutter four bond funds and scrap international fixed income business Following a strategic review, Baillie Gifford has concluded the fund is no longer comme...

Donald Trump loses the US Presidential elections again? Will US witness another January 6 Capitol violence? These are the questions that have left US election officials worried. Election officials and experts have apprehensions that Trump and his supporters will not accept the outcome if Democrat nominee Kamala Harris wins the elections. Trump and his supporters could again try to overturn his loss, like he did previously, according to a report in The Washington Post. When the former US President lost the 2020 presidential election, Donald Trump not only refused to acknowledge his defeat but also spread unproven claims about widespread voter fraud and attempted to overturn the results in swing states. Trump also pressured Vice President Mike Pence to aid him in remaining in power while rioters stormed the US Capitol on January 6. Though many of those strategies can’t be used again because Trump no longer occupies the White House, and state and federal officials have since strengthened election laws, making it more challenging to disrupt the electoral process. But certain risks still remain.

Subscribe to enjoy similar stories. In less than a month, the US presidential horse race will reach the finish line. No one knows who will win.

Indian government must revive its data centre policy to ensure that data of Indian citizens is stored locally, Akash Ambani, Chairman, Reliance Jio Infocomm said. The scale and speed of multilingual data generation in India which will fuel the AI revolution will grow exponentially. We request the government to expedite the updating of the 2020 draft of the Data Centre Policy so that Indian data remains within the geography, he said. “Therefore, any company ready to set up AI and machine learning data centres should get all necessary incentives, including incentives for power consumption,” Ambani said. He was speaking in the presence of Prime Minister Narendra Modi at the inaugural session of the India Mobile Congress 2024 at Pragati Maidan, Delhi on Tuesday.

Republican Donald Trump and said that Washington would view any attempt on his life as an act of war, a U.S. official said on Monday. The official, speaking on condition of anonymity, said U.S. President Joe Biden has been briefed regularly on the threats and directed his team to address Iranian plots against Americans. At Biden's direction, top U.S. officials have sent messages to the highest levels of the Iranian government warning Tehran to cease all plotting against Trump and former U.S. officials, the official said.

Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor Show

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South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt

NEW DELHI: In recent years, retail investors have emerged as a formidable force in India’s equity markets, driven primarily by the growth of mutual fund investments through systematic investment plans (SIPs). However, this influx of «uninformed» retail money is inadvertently creating exit opportunities for seasoned «smart money» investors—such as promoters, private equity funds, and multinational corporations (MNCs). While these sophisticated investors capitalize on elevated valuations, they are taking money home, raising concerns about unintended consequences. Could retail money be inflating market valuations to unsustainable levels and crowding out foreign portfolio investments (FPIs)?

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Two Georgia election workers have reached a settlement in their defamation lawsuit against a Missouri-based website that falsely accused them of fraud in the 2020 presidential election

Year-to-date flows into global ETFs currently stand at $947bn while assets under management reached a record $13.4trn in the third quarter. Fixed income funds also saw multiple fresh highs, attracting record quarterly flows of $127bn, beating the previous record of $112bn in the second quarter of 2020.  Deep Dive: Active ETFs are set to drive growth for the ETF industry Active fixed income funds fared particularly well, reaching a record $35bn flows in absolute terms in the third quarter, having grown at a higher rate for five consecutive quarters. Morningstar data shows the wid...

Bombay High Court has declared ank of India’s decision to declare Pune Buildtech Pvt Ltd ‘fraud’ as null and void and also the inclusion of the realty firm’s name in any such list/communication blacklisting the company from availing of institutionalised credit as null and void. In another separate order, the court has also directed the lender to remove the company’s name from the list of ‘wilful defaulters’ and has also directed the bank to recall any information sent by it to any Credit Information Company declaring Pune Buildtech as wilful defaulters. “It is not in dispute that the entire settlement amount as mentioned in the Consent Terms (Rs 703.35 Crores) has been paid by the petitioners to Bank of India sometime in June 2024,” observed the division bench of Justice BP Colabawalla and Justice Somasekhar Sundaresan in its order of October 8. “Despite this, and after receiving the entire amount, we fail to understand how Bank of India could continue with the proceedings initiated for declaring the Petitioners as wilful defaulters after issuing a ‘No Dues Certificate’ to the petitioners (Pune Buildtech).”

Canadians are so financially stressed out that the expected relief from a jumbo-sized rate cut by the Bank of Canada could just wash over them, an ongoing survey of people’s outlook suggests.

Kamala Harris is on a media spree.In recent days, the Democratic nominee sat down with CBS’s 60 Minutes, ABC’s The View, the Call Her Daddy podcast and Howard Stern’s radio show. To cap it all off, Harris joined late-night host Stephen Colbert on Tuesday evening in front of a live audience.Off the bat, Colbert asked Harris if she would crack a cold one with him, referencing the old adage that people want politicians that they can sit down and have a beer with. Colbert disclosed that, of course, he asked the vice-president beforehand if she would be willing to drink with him.