COST Financial News

04.06 / 02:23
COST IPO JPMorgan security Election reports Continuum energy to raise $650 m via bonds
Continuum Green Energy, a renewable energy generator, is seeking to raise about $650 million in bonds for seven years to refinance its existing debt, said people with knowledge of the matter. The company is likely to appoint Deutsche Bank, HSBC, JPMorgan, and Standard Chartered Bank as arrangers. The fundraise is likely to refinance $561 million in bonds raised by its subsidiary, Continuum Energy Levanter Pte Ltd, which were raised at 4.5% and due in February 2027. However, the all-in cost of the bond is almost double the 4.5%,prompting the company to refinance the earlier tranche, a person cited above said.
03.06 / 20:05
COST Citi Provident Waters Discover information reports Atlanta water woes extend into fourth day as city finally cuts off leak gushing into streets
Atlanta's water problems weren't over Monday. Milena Franco, a resident of the city's Midtown neighborhood, said she and her husband had water all weekend. But Monday morning, the flow was cut off, as Franco discovered when she tried to take a shower.
03.06 / 19:33
COST Digital Healthcare performer hospital reports NHL regulatory ET Analysis: Indian hospital chains report revenue growth & expansion plans amidst regulatory concerns
Apollo Hospitals, Fortis Healthcare, Max Healthcare, Narayana Hrudayalaya (NHL) and Aster DM Healthcare — have reported an increase in average revenue per operating bed (ARPOB), improved operational efficiency and capex plans to expand. Here are the key takeaways from their performance in the latest quarter through March:
03.06 / 19:21
markets COST Provident Platform wellness President Mercer Advisors brings private market muscle to high-net-worth clients
Mercer Advisors is joining the rush to help bring private market investing opportunities to advisors and their high-net-worth clients.
03.06 / 17:01
markets COST Analysis pandemic reports US house sellers are cutting prices for the first time in over a year
Heritage Foundation economist Peter St. Onge offers his analysis on the housing unaffordability crisis on 'The Bottom Line.’
03.06 / 14:53
COST UPS CME Trade show Rate Cut Gold firms on Fed rate cut hopes; investors await more US data
Gold prices edged higher on Monday as signs of cooling U.S. inflation lifted hopes for interest rate cuts from the Federal Reserve this year, while traders awaited a slew of U.S. economic data due this week. Spot gold was up 0.2% at $2,331.84 per ounce as of 09:49 a.m. ET (1349 GMT), after posting a 2% gain last month. Prices hit an all-time high of $2,449.89 on May 20.
03.06 / 14:35
COST Provident compliance Fund selectors 'considering walking away' from SDR labels as compliance burden mounts
According to the ESG data provider, fund selectors are «considering walking away from the labels» due to the scale and costs required to comply with the regulation. Asset managers face SDR implementation challenges as deadlines approach One of the biggest challenges has been the need for asset managers to document and evidence in detail their investment policies, according to the firm's managing director Neill Blanks. «No one is finding it plain sailing,» he said, as many asset managers will be forced to hire independent advisers and/or increase their resources to deal with the spe...
03.06 / 14:35
COST CEO Election Research Industry calls for next government to scrap stamp duty on UK shares and simplify ISA regime
Richard Wilson, CEO of interactive investor, argued the duty was a «pernicious tax that penalises listed companies that help put the ‘great' in British business and UK investors seeking to back them». Citing its own research, ii found that 82% of polled clients claimed removing stamp duty on UK shares would encourage greater investment in UK listed companies, while 57% of the cohort said it would «make them think twice» about investing in the UK in the future. General Election 2024 Blog: Rachel Reeves rules out additional tax rises Wilson said higher transaction costs due to stamp ...
03.06 / 13:31
markets COST Citi Provident Booking Platform innovations How on-demand services are crafting the future of home maintenance
Gone are the days of browsing through phone books or relying on neighbours to find someone to fix your leaking tap or install your AC after a move. Today, on-demand services are transforming how we maintain our homes, making the process faster, simpler, and more conveniently reliable.
03.06 / 12:35
COST Booking show cover International How to Calculate Car Insurance Premium?
car insurance online, it is crucial to consider premium calculation to ensure it fits within your budget.Before we discuss the calculations, it is important to understand the factors influencing car insurance premiums.If your car is registered in an area where statistics show minimal accidental cases and where vehicle movement on the road is less, expect a lower premium. If you reside in an area where natural calamities are common or internal disturbances often lead to riots, the premium will be higher due to the increased risk.The premiums of two cars in the same category may be different.
03.06 / 12:12
COST UPS Provident CEO Celebrity US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors
U.S. Energy Secretary Jennifer Granholm is calling for more nuclear reactors to be built in the United States and worldwide
03.06 / 12:11
COST Target Manufacturing economy Election President Interviews Republicans make Biden's EV push an election-year issue as Democrats take a more nuanced approach
Donald Trump and other Republicans say President Joe Biden’s policy to promote electric vehicles is unfair for consumers and amounts to government overreach
03.06 / 12:11
COST UPS Citi community Fishing evacuation boating Panama prepares to evacuate first island in face of rising sea levels
The Gunas of Gardi Sugdub are the first of 63 communities along Panama’s Caribbean and Pacific coasts that government officials and scientists expect to be forced to relocate by rising sea levels in the coming decades
03.06 / 12:11
COST BLOCK President show country Nigeria loses electricity and major airports close as unions seek higher wages amid record inflation
Africa’s most populous country has ground to a halt as Nigeria’s largest labor unions begin striking to demand a salary increase amid the worst cost of living crisis in decades
03.06 / 11:41
COST Target Digital CEO Research reports Have hired more data scientists than any other ad agency: Wavemaker India CEO
Mint on the sidelines of the recently-concluded advertising festival GoaFest 2024.“Unlike competitors, we began investing heavily in research and technology back in 2017 when we started; we are using a lot of AI (artificial intelligence) now. This is because there are a number of playbooks available for best practices for television advertising, but none for ads for digital mediums. In a way, we are now writing textbooks on how to use data for better digital advertising in our data greenrooms.
03.06 / 11:41
COST Digital How would I be taxed for selling cryptocurrency to a resident Indian?
—Name withheld on request.India’s exchange control law is not clear on whether a resident can buy cryptocurrency from a non-resident person on a P2P basis and thereafter credit the sale proceeds to the NRO account of the non-resident. Further, banks may also refuse to allow repatriation outside India knowing that the source of funds have arisen from the sale of cryptocurrency.Keeping aside the exchange control law aspects, under Indian tax law, income derived by a non-resident is subject to tax in India only if it accrues or arises in India, is received or deemed to be received in India, or is deemed to accrue or arise in India.If you accept the offer of the Indian buyer outside India and also effect the transfer of cryptocurrencies from your private wallet while being outside India, then the income would accrue to you outside India.
03.06 / 11:41
markets COST IPO security Experts band information Sattrix Information Security IPO to open on June 5; price band set at ₹121 apiece
₹121 apiece. The IPO lot size for Sattrix Information is 1,000 shares.By buying 1,000 shares at ₹121 apiece, retail investors can invest a minimum of ₹1,21,000 and a maximum of ₹1,21,000.
03.06 / 11:25
markets COST Election Highways track country NHAI's revised toll rates come to effect across highways
revised toll charges for motorists on national highways across the country have come to effect from Monday, an official said. The National Highways Authority of India (NHAI) has hiked the toll charges by an average of 5 per cent.
03.06 / 11:25
COST UPS Aviat Manufacturing Mobile reports India's air taxi plan gets going, work begins towards 2026 take-off; fares to be only slightly higher than Uber's?
aviation ministry has set in motion the urban air mobility project with the setting up several technical committees to pave the way for India's first ait taxi to take-off by 2026, as was being planned for some time.

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