COST Financial News
07.12 / 01:21
COST
Manufacturing
Hallmark
country
testing
International
New rules may strip shelves bare of imported luxury shoes
Subscribe to enjoy similar stories. New Delhi: Do you collect luxury leather, suede or satin shoes or are you a big sneakerhead? You may have to wait for several months for a new pair. Shelves at luxury shoe boutiques across India may turn sparse in the coming weeks as India’s mandatory licensing regulations that kicked in August are increasing costs and delaying stock arrivals.
07.12 / 00:49
COST
UPS
Manufacturing
security
economy
Trade
country
China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies th...
06.12 / 21:07
06.12 / 17:43
COST
UPS
Universities
country
What to know as Purolator, UPS freeze shipments amid Canada Post strike
Purolator and UPS have temporarily suspended shipments from some courier companies as they face a backlog of deliveries amid the ongoing Canada Post strike.
06.12 / 10:19
markets
COST
CEO
economy
Sustainability
Research
Experts
Experts ask RBI to cut interest rate to revive real estate market, ease home loan burden
Subscribe to enjoy similar stories. With the Reserve Bank of India keeping its key interest rate unchanged, real estate experts and developers have stressed the need to lower the rate, citing the need to stimulate sluggish sales and ease the growing burden of borrowing costs. “At this point, a rate cut would be more beneficial for consumers," said Shishir Baijal, chairman and managing director of real estate consultant Knight Frank India.
06.12 / 05:31
COST
Target
CEO
Software
War
Battlefield
electronic
How Ukraine uses cheap AI-guided drones to deadly effect against Russia
Subscribe to enjoy similar stories. A HUNDRED METRES above a white Lada saloon, the drone locks onto its target: red lights blink to blue. AI takes over and the drone swoops in for its kill.
06.12 / 04:37
markets
COST
UPS
Nikkei
Trade
show
Interviews
BOJ is holding cards close to its chest on December rate hike
Bank of Japan is staying guarded on the timing of the next rate hike with December hardly a done deal given soft consumption, its governor's cautious decision-making style and anxiety over U.S. economic policy in a second Trump presidency. BOJ Governor Kazuo Ueda signalled that December will be a live meeting in an interview with the Nikkei newspaper last week, when he said another rate hike was approaching.
06.12 / 01:47
markets
COST
Manufacturing
Metro
wellness
Trade
love
Can this market leader reclaim its past glory in the ₹1 trillion sector?
Subscribe to enjoy similar stories. Once a budget brand, this company is now focusing on premiumization. It's also expanding its store network and e-commerce presence.
05.12 / 18:29
05.12 / 18:29
COST
CEO
shooting
reports
Department
patient
Investigations
The Latest: Gunman who killed UnitedHealthcare CEO had message on ammunition, AP source says
The masked gunman who stalked and killed UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel used ammunition emblazoned with the words “deny,” “defend” and “depose,” a law enforcement official said Thursday
05.12 / 18:29
COST
Action
track
Average rate on a 30-year mortgage in the US falls to 6.69%
The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October
05.12 / 18:29
05.12 / 16:39
05.12 / 15:43
COST
Provident
wellness
Trade
information
FCA seeks to appoint bond consolidated tape provider
The move comes after the FCA revealed proposals in July last year to establish a consolidated tape in a bid to offer investors access to «clear and low-cost trading data». A consolidated tape would combine multiple sources of trading data into a single information stream, which the regulator argued will «increase transparency and access to trading data by lowering its cost and improving data quality». Four Graphs explaining 'what happened to the year of the bond' According to the FCA, the watchdog will publish draft tender documents on its procurement portal, Atamis, as well as hav...
05.12 / 15:17
COST
UPS
Manufacturing
Trade
President
bass
How tariffs threaten an American manufacturer’s big investment in Mexico
Subscribe to enjoy similar stories. More than a decade ago, the off-road vehicle maker Polaris surrendered its status as a 100% made-in-America company, gambling that it could add a Mexican factory without alienating customers. The move paid off handsomely.
05.12 / 14:39
markets
COST
UPS
Citi
CEO
President
Rate cut hopes could have ‘psychological’ impact on homebuyers in 2025
Canadian real estate watchers are expecting home prices and housing activity to rise in 2025 after a “recovery year,” but the Bank of Canada’s policy rate will still have sway over how quickly buyers come back.
05.12 / 12:41
05.12 / 03:13
markets
COST
Pool
Enterprise
country
reports
Banking reforms need to get a lot more ambitious for the economy’s sake
Subscribe to enjoy similar stories. The 19 amendments to banking laws that were passed by the Lok Sabha on Tuesday remove various niggles in extant provisions, straighten out some others and make life easier for bank customers, especially a tweak that allows four nominees per account. Under the present system of a single nominee, couples tend to nominate each other; should they both pass away together, say, in a road accident, their heirs would have a tough time accessing their inheritance.
05.12 / 02:05
markets
COST
Election
President
PAM
rights
French government felled in no-confidence vote, deepening political crisis
Far-right and left-wing lawmakers joined forces to back a no-confidence motion against Prime Minister Michel Barnier, with a majority 331 votes in support of the motion. Barnier now has to tender his resignation and that of his government to President Emmanuel Macron, making his minority government's three-month tenure the shortest lived in France's Fifth Republic beginning in 1958. He is expected to do so on Thursday morning, French media reported.
05.12 / 01:49
markets
COST
Manufacturing
economy
consequences
information
reports
Wedding season blues: Garment makers caution against GST rate hike
Subscribe to enjoy similar stories. New Delhi: An increase in the goods and services tax (GST) rate on certain readymade garments, currently being discussed by a ministerial panel, could be a dampener for the ongoing wedding season, textile manufacturers said. According to estimates from the Clothing Manufacturers Association of India (CMAI), bridal wear accounts for 10-12% of the total clothing market, underscoring its significance.
05.12 / 01:49
markets
COST
Election
Experts
Cycling
reports
Banking revival in 2025: Why strong liability franchises stand to gain
Subscribe to enjoy similar stories. Indian bank stocks are waiting for their moment in the sun. After a muted performance in 2024, these stocks are positioning for a potential rebound as monetary and fiscal policy easing is expected in the second half of the fiscal year (H2FY25).
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