COST Financial News
14.10 / 21:06
COST
CEO
performer
Stellantis, seeking to revive sales, makes some leadership changes
Stellantis, which makes Jeep and Chrysler vehicles, announced a number of significant leadership changes, including the timing of CEO Carlos Tavares’ retirement and the departure of its chief financial officer as it struggles to revive sales in North A...
14.10 / 20:59
markets
COST
UPS
IPO
Strategy
Align
Hyundai
Can Hyundai's IPO succeed in a slow auto market?
Subscribe to enjoy similar stories. Hyundai Motor India (HMI), the second-largest player in the Indian passenger vehicle market since FY09, is set to make history with its massive initial public offering (IPO) on Tuesday.
14.10 / 20:56
COST
UPS
CEO
Strategy
country
Stellantis CEO under fire from Italian lawmakers as the group grapples with financial troubles
Italian lawmakers on Friday questioned the head of troubled French-Italian automaker Stellantis over the group’s strategy, one day after it announced a management shakeup in an effort to revive sales
14.10 / 20:55
14.10 / 18:53
COST
Target
FIVE
Experts
shooting
electronic
travelers
Why lasers could be kryptonite for drones
Subscribe to enjoy similar stories. Earlier this year the U.S. Army shot down a number of hostile drones in the Middle East using a weapon long dismissed as more science fiction than reality—the laser.
14.10 / 18:34
COST
Citi
Booking
Research
country
travelers
Hot air balloon, Limousines, and hammams: A luxurious ₹5 lakh Turkish Holiday
Subscribe to enjoy similar stories. Kolkata-based Paayel Sengupta and Ankur Das have a ritual of taking a foreign holiday each year. Having travelled across Southeast Asia extensively, this year they set their sights on a different journey—one that would take them to the captivating crossroads of East and West, beginning with the rich history and stunning landscapes of Turkey.
14.10 / 16:58
14.10 / 16:57
COST
UPS
Platform
Metro
jazz
For DMart, quick commerce threat comes to the fore
Subscribe to enjoy similar stories. Avenue Supermarts Ltd’s shares fell over 8% on Monday after its September quarter (Q2FY25) earnings missed expectations and concerns rose on growth prospects amid intensifying competition from quick commerce companies. Avenue runs the DMart supermarket chain.
14.10 / 16:53
COST
UPS
Food
Fishing
Department
strain
What food items saw the largest price hikes and declines in September?
Economist Steve Moore looks at the economic outlook in the U.S. on ‘The Bottom Line.’
14.10 / 15:59
COST
Airlines
track
reports
Department
Next Week: United Airlines earnings, retail sales, housing starts
United Airlines reports quarterly results Tuesday
14.10 / 15:57
COST
Fighting
film
show
stars
Interviews
Atul Parchure, The Kapil Sharma Show star, passes away at 57
Veteran comedian Atul Parchure, known for his roles in The Kapil Sharma Show, died on October 14 at 57. He had been fighting cancer for several years. Parchure was widely recognized for his comic timing. He appeared in several television shows, including RK Laxman Ki Duniya, Jaago Mohan Pyaare, Yam Hain Hum, and Badi Doooor Se Aaye Hain, along with Marathi serials. His presence was notable in both television and films, where he integrated humor into relatable characters. In an interview with Bombay Times in July, Parchure spoke about his cancer diagnosis. “I was mentally prepared that something was wrong with me,” he stated. He acknowledged that despite staying positive, not being able to work led to «sleepless nights.» He said, “It's not like negative thoughts didn’t cross my mind. I had many sleepless nights worrying about when I would resume work. On one hand, the income stopped, while the expenses began, and the costs for cancer treatment are enormous.” He highlighted the importance of Mediclaim, saying, “Mediclaim partly saved me, along with my savings; otherwise, it would have been very difficult. I never felt dejected because my family never treated me like a patient.”
14.10 / 12:13
markets
COST
Provident
security
OSC plots new rules to widen ownership of private assets
Canada’s top securities regulator is exploring adding a fund type that would let ordinary Canadians invest in infrastructure projects and private assets.
14.10 / 11:18
markets
COST
UPS
FIVE
Progressive
economy
diving
Mortgage hunters are banking on a big drop in rates, but be warned — they could yo-yo
Mortgage rates can often be disappointing. Case in point: today’s. Us commentators have been talking about diving rates for months, and yes, they’ve dropped. Fixed rates have fallen 150-plus basis points in a year.
14.10 / 10:57
COST
Platform
Airlines
Election
President
country
Department
Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options.
14.10 / 10:53
markets
COST
Action
economy
Fallout
Opinion
2020
Even 50-bps Bank of Canada rate cut could wash over financially stressed consumers, survey suggests
Canadians are so financially stressed out that the expected relief from a jumbo-sized rate cut by the Bank of Canada could just wash over them, an ongoing survey of people’s outlook suggests.
14.10 / 10:31
COST
UPS
economy
Food
Moodys
pandemic
electronic
Here’s the deflation breakdown for September 2024 — in one chart
Inflation has eased gradually across the broad U.S. economy, and some areas of consumer spending, such as furniture and gasoline, have even deflated over the past year.
10.10 / 19:04
markets
COST
UPS
Target
economy
Food
Here's the inflation breakdown for September 2024 — in one chart
Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor Statistics.
10.10 / 18:46
09.10 / 17:26
09.10 / 17:25
COST
Fox
Sustainability
Moodys
Updates
Hurricane Milton threatens 235K commercial properties, Moody's estimates
Rep. Greg Steube, R-Fla., discusses how his district is preparing for Hurricane Milton, Rep. James Comer calling for a review of FEMA, the federal governments response to hurricane season and the use of FEMA funds for illegal migrants.
09.10 / 16:41
markets
COST
Analysis
Trade
Experts
Commentary
Vedanta Resources repays USD 869 million in October to redeem bonds due in 2027 and 2028
Vedanta Resources Ltd has said it paid USD 869 million to bondholders in October to redeem bonds three to four years ahead of maturity. The repayments are part of a larger liquidity management exercise under which Vedanta Resources Finance II PLC (VRF) — a wholly-owned subsidiary of Vedanta Resources Ltd — is repaying bonds with a higher interest rate to save on interest costs. VRF has repaid USD 869 million to bondholders holding 13.875 per cent bonds due in 2027 and 2028, respectively.
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