Compilation Financial News

27.07 / 07:17

UPS Compilation Building materials company Holcim forecasts 'robust' growth

Holcim expects demand for building materials to remain robust this year, the world's biggest cement maker said on Thursday after posting better than forecast sales and profit. The Swiss company, a bellwether for the wider construction sector, shrugged off concern over a slowdown linked to rising global interest rates. The U.S.

27.07 / 05:23

COST Compilation Pool country The harsh truth: We're using more oil than ever

demand? Not yet. Maybe one day, perhaps even soon, around 2030. For now, however, the global economy still runs on oil.

26.07 / 21:39

FIVE Compilation Discover love show song Taylor Swift fans can show off their Top 5 eras; Here’s what you need to know about Spotify’s new feature for Swifties

Swifties on Spotify, the moment you've been eagerly anticipating has arrived. Spotify has introduced an exciting new interactive feature where users can officially select their top five favourite Taylor Swift albums, also known as «Eras» within the fandom. Spotify’s new feature called 'My Top 5: Taylor Swift's Eras,' allows fans to discover their most-listened Taylor Swift era in addition to their top songs and artists in Spotify Wrapped. As Taylor discusses her potential feminist version of Succession for her next project, her fans can now discover their most beloved Era.

26.07 / 18:49

Target Digital Compilation Align Bitcoin performer Reserve Time Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Time to Buy?

Amidst the US Federal Reserve's latest policy meeting on Wednesday, Bitcoin price finds itself in a consolidation phase near the $29,300 mark.

26.07 / 17:37

Target Cooper Compilation Mobile performer country exclusive ‘Finland’s quantum help for India soon’

NEW DELHI : : Finland will help India develop and build quantum computers here, Finnish diplomat Kimmo Siira said in an exclusive interview with Mint. Siira, Counsellor in the Finnish embassy, revealed that the country will pursue closer high technology collaborations with India in quantum computing and artificial intelligence. This focus on technology cooperation comes from the Finland’s new DESI initiative, which targets Digitalisation, Education, Sustainability and Innovation in its relationship with India.

26.07 / 05:21

CEO Compilation Tesla Hyundai Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations

SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales of high-margin sport utility vehicles and increased output following an easing in global semiconductor shortages.

25.07 / 21:07

Target Digital Compilation Align Discover Bitcoin Bitcoin Price Prediction as Federal Interest Rate Decision Approaches – Has Bitcoin Bottomed Already?

With the upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, market participants are eagerly awaiting the outcome and its potential impact on various financial assets, including Bitcoin.

25.07 / 04:25

UPS FIVE Compilation show Latin Brazil is pushing the US out of world’s biggest soybean market

soybean market is dominated by one major buyer: China. For years, Brazil has taken an increasingly bigger share of that trade away from the US. Now, South America’s shippers are even starting to dominate during the typical season lull.

24.07 / 19:21

Citi Lowe's Compilation Fitch show performer Sydney, Melbourne outer suburbs have double the rate of loan arrears

Borrowers in Sydney’s south-western suburbs and in Melbourne’s north-west are more than twice as likely to be a month or more behind paying their home loans, data compiled by ratings agency S&P has found.

24.07 / 17:13

UPS Compilation Strategy Drag Steep provisions drag IDBI Bank net NPAs below 0.5% in Q1

MUMBAI : Private sector lender IDBI Bank was able to restrict its net non-performing asset ratio to less than 0.5% in the three months through June, aided by a strategy to aggressively set aside provisions. The bank’s net NPAs stood at 0.44% of net advances as on 30 June, down 48 basis points (bps) from the previous quarter. Its gross bad loans were at 5.05% in the June quarter, as against 6.38% in the March quarter.

24.07 / 13:15

Reuters Compilation International Govt orders inspection of Eros International's accounts over fund siphoning allegations

Eros International Media is facing scrutiny from the Ministry of Corporate Affairs amid allegations of fund siphoning. The development comes mere weeks after SEBI accused the media group of financial misreporting and fund diversion.

24.07 / 12:33

UPS Compilation Drag Aggressive provisions drag IDBI Bank net NPAs to below 0.5% in June

₹770 crore against NPAs at rates higher than those prescribed by Reserve Bank of India, "based on management assessment of the degree of impairment in various categories of advances". PCR denotes the percentage of bad loans for which a bank has set aside provisions. Rakesh Sharma, chief executive, IDBI Bank, told reporters on Monday that the bank has made additional provisions as a prudent measure, and it has been following this policy to build strong buffers.

24.07 / 12:23

Reuters Platform Compilation International Govt orders probe into Eros International's accounts

Eros International Media, two government officials told Reuters, after the market regulator in June accused the media group of financial misreporting and fund diversion. The ministry ordered the probe after it was «satisfied» that an inspection was required to check allegations of fund siphoning, one of the officials, who did not want to be named, told Reuters.Eros International Media is a distributor and producer of movies and owns popular OTT streaming platform Eros Now.

24.07 / 08:37

COST Compilation COMPOSITE Align performer recovery Industrial materials prices continue to decline with hopes of recovery in second half of 2023: Report

New Delhi: Prices of industrial materials have been on a decline for a while now, raising concerns for various sectors, but analysts foresee a potential rebound in the latter half of 2023, according to a report by S&P Global Market Intelligence. The Materials Price Index (MPI) compiled by S&P Global Market Intelligence reveals a 2.8% sequential decline in industrial materials prices during June . The second quarter of 2023 recorded a staggering 32% year-over-year (YoY) slump.

24.07 / 00:27

UPS Lowe's Target Compilation RIL stock could take a breather as D-Street digests Q1 results

Reliance Industries, India's most valuable company, may decline on Monday after the company's June quarter results fell below the estimates of a section of the market. The perceived earnings miss, which has come on the heels of the 31% record-breaking surge in the stock price from its 2023 lows in March, could dampen investor sentiment in the absence of near-term positive triggers, said analysts.

23.07 / 18:11

UPS Waters Compilation show Work demand under NREGS down a tad in June quarter

MGNREGS) eased only a tad in the key June quarter from a year before despite monthly variations, reflecting the tentative nature of an industrial recovery. Person-days generated under the scheme were to the tune of 1,110 million between April and June this fiscal, against about 1,140 million and 1,160 million in the corresponding quarters of FY23 and FY22, respectively, showed an analysis by the rural development ministry.

22.07 / 07:27

BTC Digital XRP SEC Compilation Southern Bitcoin Bitcoin Price Prediction as $10 Billion Trading Volume Comes In To Hold $30,000 Level – Where is BTC Going Next?

As Bitcoin's trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move.

22.07 / 06:21

Citi Target Compilation BAY shootings Israel forces kill Palestinian accused of car ramming

Palestinian in the occupied West Bank, Palestinian officials said Saturday, in what the army described as a «car ramming attempt» near Nablus. Fawzi Mukhalifa, 18, «was killed by the occupation (Israeli) bullets in the town of Sebastia» late on Friday, the Palestinian health ministry said. He was the second Palestinian to be killed by Israeli forces in the West Bank within hours.

22.07 / 02:31

Lowe's Compilation TCS country In Q1, headcount at IT companies shrinks sharpest in three years

Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, LTIMindtree and L&T Technology Services (LTTS) contracted by 18,000, worse than a negative 9,000 in the June quarter of 2021, which was during the pandemic, according to data compiled by Xpheno for the last three financial years. To be sure, two out of the six were in positive territory — TCS, the country's biggest IT company, added 523 and LTTS added 1,159 in the quarter. «With four out of the six quarterly net headcount movements in deep red, the two minor positive movements bring little cheer,» said Xpheno cofounder Kamal Karanth.

21.07 / 19:43

Aware Compilation country end First Ayush survey results by year-end

Ayush', or traditional systems of medicine, by the end of this year, ET has learnt. Data collection for the survey, which started last year in July, is nearly complete, and the results will take 4-5 months to be compiled, sources indicated.

21.07 / 16:33

UPS FIVE Compilation Strategy performer CPPIB to seed more hedge fund startups

Canada’s largest pension fund will seed more startup hedge funds this year as it broadens a program that aims to diversify its investments.

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