2020 Financial News

Subscribe to enjoy similar stories. Jagatjit Industries, the maker of Aristocrat Premium whisky and other spirits, is set to launch a slate of products in early 2025 as part of its strategy to reinvent and premiumise its offerings. The company will enter the brandy category with the launch of Royal Medallion in January.

Subscribe to enjoy similar stories. Properties on the Peak, a rich neighbourhood in Hong Kong, are among the world’s most desirable. But nobody lives in Dragon Lodge, an Italianate mansion built in the 1920s.

Asian shares gained for a fifth day as a rally sparked by support measures from Beijing continued, while US stocks set fresh highs, with investors preparing for further rate cuts. Equity benchmarks rose in South Korea and Australia, while those for Japan were mixed after the yen strengthened against the dollar in the prior two sessions. The Golden Dragon index of US-listed Chinese companies rallied 9.1% in New York trading on Tuesday. The moves follow the best day since 2020 for a gauge of mainland equities after China unveiled a sweeping stimulus package to support the economy and financial markets.

The Bank of Canada doesn’t see a “compelling case” to move forward with plans for a central bank digital currency (CBDC) after years of study, governor Tiff Macklem said Tuesday.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week's half percentage point interest rate cut as she worries that inflation could reignite.

Subscribe to enjoy similar stories. German companies are feeling ever less confident, adding to concerns that Europe’s largest economy could be slipping back into recession. The Ifo Institute’s business-climate index slipped to 85.4 in September from 86.6 a month earlier, the think tank said Tuesday.

Subscribe to enjoy similar stories. Nike Inc, the sneaker-maker, has gone and done it. Last week, it parted company with Chief Executive Officer John Donahoe and replaced him with Elliott Hill, a longtime Nike executive who had retired in 2020.

Subscribe to enjoy similar stories. Bajaj Housing Finance recently entered the primary market with an initial public offering (IPO), aiming to raise ₹6,560 crore, but it drew bids exceeding ₹3.2 trillion. Similarly, PN Gadgil Jewellers sought to raise ₹1,100 crore and received bids of over ₹48,000 crore.

Working five days a week has long been the corporate cultural norm

The Caisse de dépôt et placement du Québec is launching a new investment platform through which it plans to build a portfolio of forestland in the Pacific Northwest region of the United States.

This is part of a series of interviews with the winners of The Economic Times Startup Awards 2024. From navigating multiple rounds with doctors and pharmaceutical companies in 2020, when no one was willing to test its product, to securing a Central Drug Standard Control Organisation licence and achieving commercialisation in 2024, BrainSight AI has made significant progress. By enabling neurosurgeons to map brains more precisely and interpret MRI scans efficiently — especially as the world grapples with mental health challenges —BrainSight AI earned the Top Innovator award at the ET Startup Awards 2024. This was BrainSight’s second shot at the award, after it emerged runners up in 2023. This year the clinical recognition along with commercial launches made it the jury’s favourite.

Subscribe to enjoy similar stories. Nike’s incoming chief executive is known for welling up with tears when he speaks about the company because he cares so much about it. Elliott Hill started working at the sneaker giant in 1988 as an intern, taking calls from customers and moving boxes in a warehouse.

Former Federal Reserve Governor Kevin Warsh discusses the Federal Reserve's decision to slash rates on 'Kudlow.'

Two asteroids are set to glide past Earth on September 24, 2024. Among them, one stands out due to its massive size of 120 feet. Asteroid 2024 RO11: This asteroid is approximately 120 feet in diameter, about the size of a small airplane. NASA estimates that the closest it will come to Earth during its flyby will be around 4,580,000 miles.

Subscribe to enjoy similar stories. MUMBAI : Food or Fed: That will be the question facing India’s monetary policy committee (MPC) in October.

Katy Perry has said what exactly she desired in a man before meeting her boyfriend Orlando Bloom. She wished to meet someone, who loves adventure and was spiritual. Pop star Katy Perry talked to Apple Music's Zane Lowe about her latest album 143. She told that before meeting her boyfriend, she was stuck in a bad continuing loop. She said,«I was like, I'm going to go swim in a different pond. I want to try something else. I'm going to say yes to something I wouldn't normally say yes to.» She has decided to analyse her own intentions before viewing what's there in the outer world.

Retired NFL quarterback Brett Favre is scheduled to appear before a congressional committee examining how states are falling short on using welfare to help families in need

value investing style has stood out, as ICICI Prudential's Rs 50,000 crore Value Discovery Fund has grown at a staggering pace of 21% CAGR. An investment of Rs 10 lakh made at the time of the scheme's inception in August 2004 would now be worth around Rs 4.67 crore. S Naren, CIO of ICICI Prudential AMC, who has been running the fund for the last 2 decades, says value investing has remained relatively uncrowded over the years.

Subscribe to enjoy similar stories. Amazon Chief Executive Andy Jassy set CEOs abuzz with envy—and white-collar workers with fear—this week with a surprise memo calling corporate staffers back to the office full time. Now, long after hybrid work seemed a settled matter at many companies, suddenly both sides are wondering: Who’s next? At a party in Seattle Tuesday evening, shortly after Jassy went public with his plan, his return-to-office rally cry was a hot topic among executives in attendance.

Meta, Facebook’s parent company, has lost an appeal in a Kenyan labor court