2024 Financial News

Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the data gathering business at up to 1.5 billion euros ($1.6 billion), four sources familiar with the matter said. Private equity firms are looking at Statista ahead of a formal sale process, which is likely to kick off later next year, the sources told Reuters.

Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union says that the digital euro should not be rushed until the next Commission's parliamentary election.

Nasdaq 100 futures declined 0.5% in early New York trade on Thursday as Apple (NASDAQ:AAPL) stock selloff continued for the second consecutive day.

Bitcoin (BTC) has a chance to end 2023 at $35,000 despite heading lower in between, veteran analyst Filbfilb believes.

Ajay Devgn, R Madhavan and Jyotika's supernatural thriller movie will make its debut on theatres countywide on March 8, 2024, the makers announced on Thursday. The untitled film is directed by filmmaker Vikas Bahl, known for movies such as 'Super 30', «Queen» and 'Goodbye'. Devgn's production banner Ajay Devgn Ffilms shared the news of the film's release date on X, formerly known as Twitter. «Things are about to take a supernatural turn.

To pass, at least 50% of investors in number representing at least 75% of the value of the fund who vote must approve the scheme.

The Environmental Protection Agency is delaying plans to tighten air quality standards for smog despite a recommendation by a scientific advisory panel to lower air pollution limits to protect public health

The European Union's financial services chief, Mairead McGuinness, believes there’s no reason to rush with the digital euro until after the next European elections in June 2024. In her opinion, the EU’s central bank digital currency (CBDC) project should be approached “quietly and slowly” by the next EU Commission, which will be appointed by the then-incoming parliament. 

dollar's strength will be difficult to overcome for most major currencies by year-end, according to a Reuters poll of forex strategists who said the risks to their greenback outlook were skewed to the upside. Backed by a strong economy and rising U.S. Treasury yields, some of the highest among developed economies, the dollar despite bouts of weakness has stayed resilient against most major currencies. Hitting a six-month peak as jitters over China and global growth weighed on risk appetite and expectations the U.S.

In a recent publication by Pantera Capital, the firm delved into the concept of a "positive black swan" event in the blockchain industry. The term «black swan» traditionally refers to unpredictable events with potentially severe consequences. However, in this context, Pantera Capital highlights the positive implications of such events for the blockchain sector.

Princeton University takes top honors in our new ranking of the best colleges in the U.S. What makes a college like Princeton great? There are the facilities and the faculties, the coursework and the camaraderie, the skills and experiences and knowledge that prepare students for their lives and their careers. No doubt these are important.

(Reuters) -Comcast has extended the date for the sale or purchase of its remaining stake in Hulu to Disney to Sept. 30 next year, CEO Brian Roberts said on Wednesday.

Donald Trump's economic agenda for if and when he returns to power to govern the United States after the 2024 US presidential Polls, includes levying harsher trade and tax policies on countries like India and Brazil, if the latter was found imposing higher tariffs on American Goods. The ex-president, Donald Trump, intends to center his economic plans on extending and deepening the Republican tax cuts from 2017, rolling back regulations put forth by President Joe Biden and enacting additional tariffs, according to three people familiar with the discussion.

Dhiraj Nim, Economist/FX Strategist, ANZ Research, says “the rupee could remain in a tight range of about 82.80, 82.90 to 83.10, the recent lows that have been established. My own forecast for September end is 83 per dollar, but there are a couple of more headwinds out there, apart from the dollar strength, namely the crude oil prices, which have surprised everybody on the upside. The rupee in near term could maintain a bit of weakening bias but we expect the RBI to remain present in the market to smooth out any volatility.”The dollar index has seen quite a bit of surge and is already very close to that 105 mark. Do you see more strength there? Our house view is that the dollar index could be at 105 by the end of this quarter. So, at least in the near term, we do not see significant upside, but let us be mindful that 105 is not a very easy level for any currencies in the emerging market space.

Apple is reportedly working on an ultra-affordable Macbook in a bid to fulfil the needs of the education sector and take on Google's Chromebook. Reportedly, the new model will be priced significantly lower than the existing models by the Cupertino-based company.

NATO member plans to spend more than four percent of its gross domestic product on defence next year amid security concerns over the war in neighbouring Ukraine. He announced the sum of 137 billion zloty ($33 billion) at the opening of this year's edition of the region's biggest trade fair for military equipment, the MSPO in Kielce, Poland. «When we see the emerging danger beyond our eastern border… we know perfectly well — history and experience has taught us this — that any price is worth paying to ensure that Poland is free, sovereign, independent and that Poles can live in safety,» Duda said. «Next year, we plan to spend 137 billion zloty on defence. That is more than four percent of our GDP,» he added, quoted by the Polish news agency PAP. That is an increase on the four percent of GDP Poland had pledged to spend on defence this year and much more than the 2 percent agreed by NATO allies. Poland has shown itself to be a staunch ally of Ukraine ever since Russia's invasion last year. More recently, Warsaw has also been sounding the alarm on threats that it says its other neighbour to the east — Belarus — poses, warning against «provocations» especially involving the Wagner mercenary group currently based there. Warsaw has signed multiple arm deals, including with the United States and South Korea, from whom it ordered K2 «Black Panther» tanks and K9 howitzers. Last month, the US approved a $12 billion sale of Apache attack helicopters to Poland, in another example of Warsaw's bid to boost its military capabilities in light of Russia's war in Ukraine. In June, Poland received a first shipment of US-made advanced Abrams tanks.

The Ministry of Education of El Salvador and the non-profit, non-governmental organization Mi Primer Bitcoin/My First Bitcoin (MPB/MFB) partnered to add Bitcoin (BTC) education to public school curriculum by 2024. 

Currently trades in India are settled in «T+1» or one day after the trades are initiated. Instant settlement would ensure trades are settled immediately. For foreign investors, the instant trade settlement would be optional and not mandatory, the source said. To start, the regulator would implement settlement within one hour of the trade, with instant settlement coming some months later. «By March 2024 we hope to first move towards one hour settlement cycle, since exchanges and clearing corporations say they need more time to work on the systems for instant settlement,» the source said. India is the second country after China which operates on a short settlement cycle of one day.

14th Amendment’s ban on insurrectionists holding public office. He although followed his statement with a grim reply “My sense is it’s probably going to get resolved in the courts," and contended that instead of Donald Trump, Democrats should concentrate on winning the 2024 US Presidential Elections.

general elections. "Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2023...shall continue till around mid-November, 2023," according to the Budget Circular (2024-25) of the Budget Division under the Department of Economic Affairs of the Finance Ministry. According to the circular dated September 1, financial advisers should ensure that the necessary details required should be submitted by October 5, 2023.

Olivia Dean, the rising British music star known for her exceptional debut album, «Messy,» has exciting news for her fans across the UK and Europe. She's embarking on a headline tour in spring 2024, aptly named the "Messy Tour," to celebrate her album's remarkable success and its well-deserved Mercury Prize nomination.