COST Financial News

11.09 / 14:34

COST Universities electronic information reports Department Schools US consumer watchdog finds that school lunch fees are taking a toll on parents

The U.S. consumer watchdog has found that low-income families typically pay as much as 60 cents per dollar in fees when paying for school lunches electronically

11.09 / 14:20

COST UPS SpaceX performer pop testing International SpaceX launches billionaire to conduct the first private spacewalk

A billionaire has rocketed back into orbit, aiming to perform the first private spacewalk

11.09 / 14:09

markets COST Cycling Olympics 2020 reports Scandals Top Olympic sponsor Panasonic is ending its contract with the IOC

Olympic sponsor Panasonic is terminating its contract with the IOC at the end of the year

11.09 / 14:03

COST UPS CEO Airlines pandemic travelers Southwest Airlines shakes up its board under pressure from a big shareholder

Southwest Airlines will revamp its board and the chairman will retire next year, but it intends to stick with CEO Robert Jordan

11.09 / 13:55

COST Target Action Software Continental cover International BMW braking system recall contributes to decision to cut back 2024 outlook

BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially triggered by hefty expenses of addressing a braking system recall that impacts more than 1.5 million vehicles worldwide

11.09 / 13:41

markets COST UPS Provident economy Food show US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week

11.09 / 11:28

markets COST economy Trade International Are textile stocks hanging by the thread of optimism?

could benefit Indian RMG exporters like Gokaldas Exports Ltd, K.P.R Mill Ltd, and Arvind Ltd. Unsurprisingly, shares of these stocks touched new highs, reflecting the Street’s optimism. Sentiment boosts aside, grabbing a meaningful chunk from Bangladesh’s textile export pie may not be easy.

11.09 / 10:17

COST FIVE Google wellness rights Videos China's AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China

BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but Chinese AI apps will likely take off much faster, said Kai-Fu Lee, former head of Google China.

11.09 / 07:28

markets COST Compilation trends Trade show Hedging against swings in Indian bank stocks suddenly looks cheap

Options traders are getting less skeptical about Indian banks after months of underperformance. The cost of hedging against volatility in the NSE Nifty Bank Index is near its lowest level since January relative to the broader NSE Nifty 50 Index, indicating less demand for protection.

11.09 / 07:14

markets COST Digital Platform Entertainment film reports Balaji Telefilms invests ₹795 cr in its OTT Arm

Balaji Telefilms has made a cumulative investment of Rs 795 crore in its over-the-top (OTT) subsidiary ALT Digital Media Entertainment, the content production company said in its annual report for 2023-24. The subsidiary owns and operates entertainment streaming platform ALTT, which was earlier known as ALT Balaji. The platform was launched in April 2017 as part of Balaji Telefilms’ expansion into the business-to-consumer segment. Apart from the investments, Balaji Telefilms also provided loans, including interest accrued thereon, aggregating to Rs 103 crore. The company's trade receivables outstanding stood at Rs 18 crore as of March 31.

11.09 / 06:00

COST Booking Analysis trends Trade stars Vedanta Resources gets offers of $1.6 bn for bond issue

Vedanta Resources (VRL) on Tuesday launched its dollar bond issue at a final price guidance of 10.875% and has an order book of $1.6 billion. The proceeds will help refinance bonds of $470 million due in 2027 and $1 billion due in 2028, with both carrying an interest rate of 13.875%, potentially cutting funding costs by over 300 basis points (3 percentage points).

11.09 / 03:40

markets COST UPS Manufacturing testing Automakers gear up for a crucial test of sentiment this festive season

Indian automakers are gearing up for a crucial test of market sentiment this festive season as they seek to reverse a slowdown in demand that has hurt sales of all types of vehicles. The extended monsoon season dampened consumer sentiment in the rural region, impacting two-wheeler sales, said Yogesh Mathur, director, sales and marketing, Honda Motorcycle & Scooter India (HMSI). “The festival season will be crucial for the two-wheeler market." Apart from a prolonged monsoon, low consumer appetite for spending and rising vehicle costs also contributed to a slump in both entry-level and premium vehicle sales.

11.09 / 03:07

markets COST Waters economy Research Experts Raising farmer income is a key priority for India

Economic Survey 2024: Farmers should move to high-value agriculture to increase income “We need to reimagine the role of agriculture in the economy. In field crops, which are grown on 94% of our land, growth hasn’t even been 2%. So, the segment that is driving growth is not benefitting all farmers.

11.09 / 00:18

markets COST UPS Manufacturing economy Election reports Small business confidence dipped in August amid rising election uncertainty

Rep. Maria Salazar, R-Fla., on Vice President Kamala Harris proposal to help small businesses and House Speaker Johnsons expected move to link the SAVE Act to federal funding.

10.09 / 21:43

markets COST Platform Apple RAI Inside reports Huawei's new trifold phone gets over 3 million preorders in a matter of hours, here's all you need to know about it

10.09 / 19:55

markets COST Digital performer reports Features Updates PS5 Pro: All we know about release date, cost, design features and specifications

10.09 / 17:31

markets COST Food RAI social Bengaluru businesswoman's request for free Wi-Fi in cafes without orders dvides internet. ‘Can’t a girl just work?’

10.09 / 16:53

COST Provident Remark wellness Trade audience Federal Reserve unveils toned-down banking regulations in victory for Wall Street

A top Federal Reserve official on Tuesday unveiled changes to a proposed set of U.S. banking regulations that roughly cuts in half the extra capital that the largest institutions will be forced to hold.

10.09 / 15:28

COST Interface Bill students performer Features Updates Best billing printers for commercial use in 2024: Top 7 picks that are efficient, reliable and deliver high-performance

Reasons to buyReasons to avoidAlso Read: Best Epson laser printers for office use in 2024: Top 9 reliable and high-performance optionsThe Portable Bluetooth Compatible Thermal Receipt Printer offers wireless convenience and high-quality printing. Its compatibility with Bluetooth-enabled devices makes it a convenient choice for businesses on the go.

10.09 / 14:00

COST trends Trade performer Commentary SBI Card: Competition from personal loans a drag on interest spreads

₹652 to ₹913, citing an expected pickup in loan growth from FY26 and an improvement in credit costs from the September quarter (Q2FY25). SBI Card shares now trade close to ₹800. Still, faster loan growth may be tough.

10.09 / 12:00

COST FIVE economy Cycling show diving Gravis' Norris: Re-rating of REIT sector imminent as UK economy shows 'resilience'

Matt Norris, investment adviser to the VT Gravis UK Listed Property fund, explained there are five key drivers supporting his positive outlook for the sector's growth potential in the near term. Deep Dive: REIT sector focus matters even as sharp discounts abound The first is the continuation of the interest rate easing cycle, which Norris said should lower future refinancing costs and reduce the discount rates used to value properties, while the second is the growing economy. «The UK economy is demonstrating resilience, with a soft landing evident in recent economic data,» Norris s...

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