Blues Financial News

₹5,000 crore from the sale, one of the three people said, while a second person said the sale plan was initiated three weeks ago. Pernod’s plan to sell Imperial Blue comes two years after rival Diageo sold a bunch of low-margin brands including Haywards, Honey Bee and Romanov, reflecting multinational liquor makers' preference for premium brands that sell less but earn more. Goldman Sachs declined to comment, while spokespersons for Pernod Ricard and Goldman Sachs did not respond to emailed queries.

polls from seven states that are considered battlegrounds, Donald Trump has a chance to win in November by commanding 296 electoral votes. According to Trafalgar, which conducted a poll between August 28 and 30, Trump is predicted to win 44 electoral votes in November from the crucial Blue Wall states, barely defeating opponents in Wisconsin, Michigan, and Pennsylvania. Between August 29 and August 31, Insider Advantage conducted polling in four additional battleground states; Trump won Arizona, Nevada, and North Carolina. These states are still statistically tied, which means the results could go either way. The former president wins Trafalgar in the Wolverine State by a narrow margin, 47% to 46.6%. Trump's lead in Pennsylvania is greater, at 47% to 45%. Even though a 2% victory wouldn't be a landslide, it would still be a larger victory than Trump's meagre 0.72% win in the state eight years prior. Also Read: Is Jennifer Lopez treating Ben Affleck's children badly? Here's why the actor is at odds with her

More than a year after Twitter was rebranded as X, the microblog app’s old name retains its power. So much so that even its owner Elon Musk referred to it by that name.

iPhone 15 Pro & iPhone 15 Pro MaxSince the introduction of the iPhone XS and XR in 2018, Apple has typically retired flagship iPhones a year after their debut, likely due to the minimal differences between successive models, reported the publication.As per the report, this trend suggests that the iPhone 15 Pro and iPhone 15 Pro Max might be on their way out. The iPhone 15 Pro was notable for being Apple’s first iPhone to feature a titanium frame, and it is likely that this will be the last model with the current 6.1-inch and 6.7-inch screen sizes, as the iPhone 16 Pro models are expected to have larger displays.

Verlinvest, investment vehicle of the Belgian family behind the world’s largest brewer, AB-Inbev, is poised to invest Rs 200 crore (about $24 million) in Blue Tokai Coffee Roasters, at a Rs 1,200-crore ($143 million) valuation — double that from a year-and-a-half ago, said people in the know. Existing investor Hemendra Kothari’s family office and Anicut Capital are also expected to join the homegrown specialist coffee chain’s Rs 250-crore round, with the residual amount comprising a mix of primary and secondary sale of shares, the people said. The round will be the 11-year-old company’s largest raise, as a battle brews between some of India’s top business houses and upstarts.

Postmaster General Louis DeJoy says the U.S. Postal Service is ready for a flood of election mail

The Consumer Product and Safety Commission says people should immediately throw out a magnetic game because it poses serious ingestion for children

Blue Origin flew its latest group of six thrill-seekers to the edge of space and back again Thursday, including the youngest-ever woman to complete the feat. Mission NS-26 marked the eighth human spaceflight for the company, founded by Jeff Bezos, as it presses ahead in the emerging suborbital tourism market. Karsen Kitchen, a 21-year-old senior at the University of North Carolina at Chapel Hill, became the youngest woman ever to cross the Karman Line, the internationally recognized boundary marking the edge of space, 100 kilometers (62 miles) above the Earth's surface.

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TV show producer Banijay Asia has tied up with Space Exploration and Research Agency for a reality show to send an Indian into space on a future Blue Origin New Shepard mission. Recently, SERA announced India as a partner nation for their human spaceflight programme aimed at giving an opportunity to citizens from countries with few or no astronauts to travel into space. «We're embarking on an unprecedented journey with SERA to create a reality format that transcends the ordinary. It's a privilege to document this journey of an ordinary Indian space traveller and show how this programme will not only transform their life but also democratise space travel more broadly,» Deepak Dhar, Founder and Group CEO, Banijay Asia and EndemolShine India said in a statement. The format will capture the drama, disappointment, and joy as the shortlisted individuals participate in various challenges that test their mettle and readiness for space travel, a company statement said.

Donald Trump's airy comments around the state of California and how he could have won there, has created a frenzy on social media. In a TV interview with popular host and personality Dr. Phil, Trump claimed that if the mail-in ballots were replaced with Jesus Christ for doing the vote counting, the former President could have easily won the elections there.

MUMBAI : Blue Dart Express Ltd’s revenue and profitability trajectory is struggling to take off, squeezed by rising competition, sluggish market demand and the additional burden of increased costs from recent aircraft additions. Its FY24 consolidated revenue growth stood at just about 2%, with volume remaining lacklustre. This is a stark contrast to the 17% growth seen in FY23.

Nifty 150 Midcap index. Analysts and investment advisors say the inability to deploy the continuous flows into these schemes and increased exposure to blue chips, with valuations of mid-cap stocks remaining elevated, have led to the underperformance. Data from Value research show that the actively-managed mid-cap fund category has generated an average return of 25.36% against the Nifty 150 Midcap index return of 27.08% over three years. «With high inflows into mid-cap stocks over the last few years, market efficiency within mid-caps have improved a lot. This means that there is less room for active managers to find mispriced stocks and generate alpha,» says Kunal Valia, founder, Statlane, an investment advisory firm.

It appears that public and private, illiquid private equity funds are increasing on the radar of financial advisors.

The largest broadcaster of regional sports networks across the country will continue to televise games for more than a dozen NBA teams and nine NHL teams through the 2024-2025 season even as it moves through bankruptcy proceedings

iPhone 16 and iPhone 16 Plus from rumours and leaks so far. Please note that these are not confirmed specs and could change before the launch.Rumours have it that Apple is planning to make a few changes to the design of the iPhone 16.

Justin Bieber, who rose to international stardom in 2010 with his hit Baby, has welcomed one of his own with his wife, Hailey Bieber (nee Baldwin).

Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium later in the day. On Thursday, three Fed officials hinted at a potential rate cut in September, expressing support for a «slow and methodical» approach to policy changes. Powell’s speech, scheduled for 7:30 PM IST, is highly anticipated by traders looking for positive signals regarding interest rate cuts.

Poco Pad 5G is available in two variants in India: the 8GB RAM + 128GB storage model costs Rs. 23,999, and the 8GB RAM + 256GB storage option costs Rs. 25,999.

Democratic National Convention included a tutorial on pronouncing Kamala Harris' name — featuring none other than the candidate's great nieces. The actress Kerry Washington introduced the girls by saying «it's come to my attention that there are some folks who struggle — or pretend to struggle — with the proper pronunciation of our future president's name.» She added, «Confusion is understandable. Disrespect is not. So tonight we are going to help everyone get it right.»

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