COST Financial News

Oil and natural gas prices have started rising as traders bet on the continuation of Houthi attacks disrupting shipping in the Red Sea. The Yemen-based rebel formation, backed by Iran, has been attacking shipping along this critical region with suicide drones, missiles and rockets since the Gaza War. This is part of a strategy to impose a naval blockade of Israel, since the Houthis are allies of Hamas due to their strong connections with Iran.

₹71 crore through a pre-IPO placement before submitting the red-herring prospectus to the registrar of companies (ROC). The company said it has allotted 52,59,257 equity shares to five investors at a cost of ₹135 apiece in a public statement advertisement published in Financial Express (FE). Out of the five investors, Rare Enterprise (via Sunil Jugalkishor Anandpara and Hemal Dinesh Shah) was the largest buyer, purchasing 20 lakh shares valued at ₹27 crore.

SINGAPORE (Reuters) — Oil prices edged higher on Friday after minutes from a Federal Reserve meeting suggested inflation was under control and as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to prevent escalation in the Israel-Gaza conflict.

₹1.65 trillion in December. Meanwhile, the recent attacks on vessels in the Red Sea have led to a surge in shipping costs. Welfare spending has become one of the selling points for political parties in recent election campaigns.

Mint series, dissects health insurance plans based on the ratings decided by Mint-Beshak.org. It aims to help consumers understand the salient features of each product that has made its way to the list, starting with Health AdvantEdge. Launched in August 2022, Apex Plus Plan is the latest version of Health AdvantEdge and is renewable for the lifetime.

Does anybody remember hedge funds?

Quebec restaurants say they are reeling over last-minute New Year’s Eve cancellations and no-shows.

Severance Season 2 is anticipated in 2024, but no specific release date has been announced. A report suggested delays due to showrunner conflicts, script rewrites, and high episode costs. Showrunner Dispute

Roughly half of Americans don't have access to a workplace retirement plan — but states are increasingly stepping in to fill that gap, both for residents' wellbeing and their own.

T20 World Cup later this year, the Indian women's cricket team will be vying for all-round improvement against six-time world champions Australia when the two sides clash in a three-match series starting here on Friday. For the Harmanpreet Kaur-led Indian side, plenty will be at stake after a 0-3 hammering against Australia in the recently-concluded ODI series, having earlier lost a three-match T20I series to England. The historic wins in the one-off Test each against England and Australia notwithstanding, Harmanpreet's side has a lot of ground to cover in white-ball cricket to improve its dismal record against Australia.

A Georgia state agency has chosen a general contractor to oversee a $189 million project to raise Savannah's towering suspension bridge so that larger cargo ships can pass underneath and reach one of the nation's busiest seaports

Regulators have rejected an effort by New Mexico's largest electric utility to recoup from customers millions of dollars of investments made in a coal-fired power plant in the northwestern corner of the state

Also, it has a huge battery backup of up to 5000 mAh which ensures that your smartphone will run long without dying in between. Overall, the smartphone is a great entry-level smartphone that falls in an affordable price range. Check out this article to learn more about the Vivo Y16 smartphone so that you know why to buy it.

The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades

Prime Minister Justin Trudeau’s office is clarifying that he and his family are vacationing in Jamaica “at no cost at a location owned by family friends,” after initially saying the family was paying for their stay.

Some Rogers mobile customers will be paying a little more for their wireless plans this year.

Payment gateway and services provider Cashfree saw revenue from operations rising 75% on year to Rs 614 crore in FY23, even as its losses swelled considerably during the period. The company, which recently received the Reserve Bank of India’s nod to resume onboarding of new merchants, recorded a loss of Rs 133 crore in FY23, a significant jump from Rs 3 crore in the previous year.

Such discriminatory demands may be illegal in many countries, but in India, the above-mentioned bank-backed fund house is one among many employers subjecting female jobseekers to increased scrutiny based on perceived biases against women in a tightening job market, company officials and recruiters told ET.

Investing.com — Walgreens Boots Alliance (NASDAQ:WBA) has posted first-quarter income that topped analysts expectations thanks to strong demand at its pharmacy business and international segments.

Investing.com — U.S. private employers added far more roles than expected in December, pointing to lingering resilience in the labor market that may impact how Federal Reserve policymakers approach potential interest rate reductions this year.

consumer goods maker Dabur said in a third quarter update on Thursday that it expects consolidated revenue to register mid to high single-digit growth, a slight improvement over the July-September quarter. The maker of Real juice, Hommade condiments and chyawanprash noted in a filing to the stock exchanges that its foods and beverages segment would lead growth in the quarter, usually the best performer in the October-December quarter due to the festive season and its juices portfolio. Dabur said the third quarter has been better than expectations, also driven by its acquired Badshah masala franchise and its international business. The company, which derives almost half of its annual sales from rural India, however, noted that demand in the hinterland continues to be a concern for the company. Rural demand has continued to lag behind urban demand, though the gap has reduced in the last quarter.