COST Financial News

The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers

Apple Inc. is raising the prices for its AppleTV+ streaming and Arcade gaming plans as well as its bundled Apple One service that includes streaming, music and other subscriptions

Facebook parent Meta has posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers

Norfolk Southern's costs related to the East Palestine derailment have grown to reach $966 million

Punjab National Bank (PNB), the state-run lender, is set to report its financial results for the second quarter of FY24 today, October 26. The meeting of the Board of Directors of PNB is scheduled for today to declare Q2FY24 earnings. The public sector bank PNB is expected to report strong earnings for the second quarter of FY24 on the back of lower provisions with steady loan growth.

What is probably the best part of the year is on us – the festive season; Navratri, Dussehra, which will be closely followed by Deepavali, Christmas and New Year. Unarguably the part of the year when people are the happiest… and spend, and spend and spend.

Jubilant FoodWorks share price today: Jubilant FoodWorks share price fell over 5 per cent on Thursday, October 26, a day after the company reported its September quarter earnings. Jubilant FoodWorks share price opened at ₹511 against the previous close of ₹528.40 and soon fell over 5 per cent to the level of ₹499.55. The stock traded 5.07 per cent lower at ₹501.60 on the BSE around 9:30 am.

defence spending would boost the economy. “We can reap a genuine peace dividend this year and then year after year, in the form of permanently reduced defence budgets," he declared in 1992. The world took note.

personal finance strategy without factoring in unexpected medical expenses is practically impossible in today’s world. It wasn’t too long ago when the world experienced an unparalleled health crisis in the form of a deadly pandemic, the after-effects of which can still be felt with long-term health issues. On top of that, the cost of healthcare is rising across the world.

“Discretionary consumption with powerful brand pull should do well in the next few years as we see the per capita income of the Country growing well,” says Ramkumar K, Chief Investment Officer, Reliance General Insurance. In an interview with ETMarkets, Ramkumar said: “We have seen volatility in our markets in the last couple of months already and we are positioned towards large caps and defensives to overcome this phase” Edited excerpts: A mixed October for markets in the middle of India's festive season. What is capping the upside is it geopolitical concerns or valuations? It is only geopolitical concerns and the resultant increase in international crude prices, in the recent past, which is preventing any major upside in the markets at the moment.

Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years. With cost-of-living allowances, the top wage rate is expected to increase by 33%. The top pay will be over $40 an hour, the union said.

Casino giant Crown Resorts narrowed its financial loss last year to $199 million as costs related to improved compliance measures and pecuniary penalties outweighed profit.

APA Group chairman Michael Fraser wants “realistic” energy policies to avoid blackouts and higher prices for consumers, warning of “political and economic upheaval” if climate targets are too ambitious.

ASX-listed lithium explorer Azure Minerals has agreed to sell itself to Chilean giant Sociedad Química y Minera for $1.63 billion, as deal fever sweeps through the West Australian lithium sector.

London | IFM Investors has shrugged off a Europe-wide squeeze on infrastructure projects, winning a Polish tender to build and run a passenger and cargo airport at the centre of a $12 billion regional transport hub.

West Australian producer Pilbara Minerals has shelved plans to pay a special dividend or buy back its own shares after a steep fall in lithium prices last quarter.

Coles says its 3.6 per cent rise in first quarter sales to $10.25 billion has been underpinned by its supermarket business, with customers eating at home and looking for special offers amid pressure on household budgets.

Billions of dollars in future investment and tens of thousands of jobs in Western Australia’s critical minerals and wider resources sector are at risk from the Albanese government’s plans to reshape environmental protection laws, industry warns.

The Bank of Canada’s efforts to tame inflation by raising interest rates are at odds with the projected pace of government spending, says governor Tiff Macklem.

Meta Platforms (META)'s third-quarter net income and revenue topped analysts' predictions as the company reported healthy advertising revenue and continued efforts to cut costs.

On October 11, a proposal titled «AIP Idea: ApeChain — A zk-Powered Polygon Layer-2 to Support ApeCoin Growth» was presented by Sandeep Nailwal, Co-Founder of Polygon Labs, to the ApeCoin DAO community. The proposition entails the creation of a zero-knowledge powered Layer-2 (zk-L2) network, termed «ApeChain,» employing Polygon's Chain Development Kit (CDK) to bolster ApeCoin ecosystem's expansion. The endeavor would encompass a dedicated ApeChain constructed and sustained by an Implementation Partner, alongside collaborative efforts with Polygon Labs and a development fund from ApeCoin DAO to nurture the progress of ApeCoin-integrated ventures and ApeChain-related public assets.