COST Financial News

23.09 / 13:33

COST Booking trends CoStar track hospital reports Posthaste: Why hotels need more payment flexibility

With hotel prices on the rise, consumers are looking at alternative payment methods to make their trip work within their budget, but some are finding roadblocks along the way.

23.09 / 13:28

markets COST Target Remark Election President reports 'Is he secretly working for Dems?': JD Vance stirs controversy while trying to target Kamala Harris, trolled for 'lying'

Donald Trump's running mate and Ohio Senator J.D. Vance stirred controversy by connecting rising egg prices to the policies of Vice President Kamala Harris. The incident occurred during a visit to a supermarket in Reading, Pennsylvania, where Vance, accompanied by his children, sought to highlight inflationary pressures affecting consumers.

23.09 / 12:37

markets COST UPS Reuters information Hedge funds snap up US tech stocks amid falling rates, says Goldman Sachs

Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients seen by Reuters on Monday, spurred by the Federal Reserve's anticipated 50-basis point rate cut. Falling rates are expected to rejuvenate industrial spending, making it easier for companies to borrow money at lower costs and for consumers to buy tech products, all of which might benefit the stock prices of these companies. The Fed's first rate cut in four years lifted U.S. stocks last week, with the S&P 500 index closing Friday 1.15% higher, as recession fears ebbed and investors digested the implications of easing monetary policy.

23.09 / 11:42

COST Citi Food DISH Fishing travelers Where and what to eat in the coastal city of Galle in Sri Lanka

Subscribe to enjoy similar stories. With its diverse landscape and easy connectivity, Sri Lanka is the perfect holiday destination for Indian passport holders, who also benefit from a free visa on arrival. Among the island nation’s key highlights is Galle, a picturesque city on the southern coast known for its rich blend of art and culture.

23.09 / 09:11

markets COST Target Analysis Trade Experts Cycling JM Financial initiates coverage on Aadhar Housing, sees upside potential of 30%

Aadhar Housing Finance is large, affordable-focused and yet undervalued, domestic brokerage firm JM Financial initiated coverage on the stock with a ‘buy’ rating and a target price of Rs 600. The target price given by the domestic brokerage firm signals an upside potential of 30% from Friday’s closing price of the stock.

23.09 / 09:03

COST UPS NVIDIA Research Universities country reports The breakthrough AI needs

Subscribe to enjoy similar stories. Two years after Chatgpt took the world by storm, generative artificial intelligence seems to have hit a roadblock. The energy costs of building and using bigger models are spiralling, and breakthroughs are getting harder.

23.09 / 09:03

COST Strategy country travelers Interviews How you can unlock third-country access with your US, UK, or Schengen visas

Subscribe to enjoy similar stories. Many countries "piggyback" onto the visa approval systems of large developed nations, allowing visa-free entry or visas on arrival for Indian travellers holding valid US, UK, Canada, or Schengen visas. If you already possess a residence or even tourist visa issued by the US, UK or Schengen-area country, many third country doors will open for you.

23.09 / 09:03

COST UPS Citi BLOCK Hyundai reports At the world’s largest shipyard, US courts an ally to face up to China

Subscribe to enjoy similar stories. ULSAN, South Korea—Just a few months ago, U.S. Navy Secretary Carlos Del Toro admired a new South Korean warship built in this port city at the world’s largest shipyard.

23.09 / 09:03

COST Waters Manufacturing Strategy country electronic Chip giants TSMC and Samsung discuss building middle eastern megafactories

Subscribe to enjoy similar stories. Two chip-making giants have discussed building huge factory complexes in the United Arab Emirates that could transform the industry in the coming years and become a cornerstone for artificial-intelligence investments in the Middle East. Top executives at Taiwan Semiconductor Manufacturing Co., the world’s largest chip maker, have visited the U.A.E.

23.09 / 09:03

markets COST Provident FIVE Digital Software Enterprise These five stocks stand to benefit from the Fed rate cut

Subscribe to enjoy similar stories. The US Federal Reserve’s recent 0.5% rate cut marks the start of what could be a prolonged easing cycle, with projections pointing to another 0.5% cut in 2024 and an additional 1% in 2025. The Fed’s aim is to get ahead of potential labour market challenges and stabilise the US economy amid looming uncertainties.

23.09 / 07:23

COST Provident Target economy pandemic President show The Fed sees its inflation fight as a success. Will the public eventually agree?

With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years

23.09 / 06:37

COST Platform Action Software Enterprise innovations Videos GenAI has a killer app. It's coding, says Databricks AI head Naveen Rao

Subscribe to enjoy similar stories. Unlike many experts who are still awaiting a killer app in the field of artificial intelligence (AI), Naveen Rao, vice-president of generative artificial intelligence (GenAI) at Databricks, says the world already has one -- it’s coding. "We're seeing a lot of developers actually latch onto this, especially younger developers.

23.09 / 04:03

COST UPS Corning reports Features Sporting Samsung Galaxy S24 FE price leaked ahead of imminent global launch. All we know so far

Government issues high severity warning for iOS, iPadOS and macOS users post iPhone 16 launchAccording to leaker Steve Hemmerstoffer, the Galaxy S24 FE will start at $649 (around ₹54,000) for the 128GB model, a $50 price increase from last year. Meanwhile, the 256GB storage variant is said to cost $709 (around ₹59,000).The S24 FE has previously been spotted on the US FCC list and has also received BIS certification, indicating an imminent launch in India.

23.09 / 03:23

COST UPS SUN economy country reports Why are so many rich Indians packing up to leave India?

Subscribe to enjoy similar stories. India is experiencing a flight of the wealthy, and that is not a great feeling. As the fastest growing large economy in the world, with its ease of doing business improving—strike-prone Kerala recently won the Centre’s prize for the best-in-class business reforms—India should be not just retaining its rich and talented, but also luring to its shores entrepreneurs from around the world.

23.09 / 02:51

markets COST UPS Analysis Trade Oil edges up following US rate cut move, geopolitical concerns

Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations the U.S. interest rate cut last week will support demand. Brent crude futures for November were up 20 cents, or 0.3% at $74.69 a barrel at 0045 GMT. U.S. crude futures for November were up 22 cents, or 0.3%, at $71.22.

23.09 / 02:17

markets COST economy Election President show reports Kamala Harris said to release new economic proposals this week on US wealth creation

Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said. The new policies, which have not been previously reported and could be announced in Pittsburgh on Wednesday, come as undecided voters continue to ask for more information about how Harris would help them economically if she were elected president in November, including those in critical swing states, the sources said. Harris, speaking to reporters on Sunday after Reuters reported the expected rollout, said she would outline her vision for the economy in a speech this week.

23.09 / 01:57

COST UPS Provident Google Software rights OpenAI’s new fundraising is shaking up Silicon Valley

Subscribe to enjoy similar stories. A rare beast may soon lumber across the hills of Silicon Valley: not a $1bn unicorn, nor a $10bn decacorn, but a hectocorn—a startup valued at more than $100bn. OpenAI, the maker of ChatGPT, is understood to be in talks to raise $6.5bn from investors to fund the expansion dreams of its co-founder, Sam Altman.

23.09 / 01:57

COST IPO Provident FIVE BLOCK awards Can NTPC Green Energy IPO power NTPC?

Subscribe to enjoy similar stories. NTPC Ltd’s subsidiary NTPC Green Energy seeks to raise ₹10,000 crore from its proposed public issue of fresh shares. Soon after the announcement, NTPC shares hit a lifetime high of ₹431.85 on Thursday.

23.09 / 00:48

markets COST Provident Enterprise country Department IT companies log strong deal wins in Q2 after a long lull

deal wins are on the cards with the US Federal Reserve reducing interest rates. The country's key IT services providers globally signed at least 33 deals in July and August, data sourced by ET showed. Tata Consultancy Services alone has announced four deal wins including Ireland-headquartered fashion retailer Primark, Rolls-Royce, Sydney Marathon, and most recently McDonald's Philippines in the first two months of the second quarter. Its closest rival Infosys-which signed the second highest number (three) of deals in July after Cognizant-has closed agreements with Sector Alarm, Delaware Department of Labor, TDC Net, ServiceNow, Metro Bank, and Finnish Postal service provider Posti group.

22.09 / 19:55

markets COST Aviat Airlines Boeing Experts SpiceJet aims for fleet of 100 by the end of 2026

SpiceJet aims to have 100 aircraft by the end of 2026, its chairman and managing director Ajay Singh said, a day after the low-cost airline raised Rs 3,000 crore (about $360 million) through selling new shares. «SpiceJet is an airline that has strong fundamentals but was hamstrung by two black swan events one after the other — the worldwide grounding of Boeing 737 Max, followed by Covid pandemic,» Singh told ET in an interview. «But we have all the infrastructure ready to become a 100-strong fleet again… We have the airport slots, international traffic rights, pilots and crew, as well as the maintenance infrastructure,» he said.

22.09 / 19:09

markets COST UPS FIVE Action economy For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home

The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come

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