COST Financial News

The Economic Times Startup Awards in Bengaluru on October 7. Union cabinet minister Piyush Goyal and minister for state Rajeev Chandrasekhar will be the guests of honour at the marquee event where the country’s most coveted prize for entrepreneurial excellence will be presented to the winners of the 2023 edition.

funds linked to the JP Morgan emerging market bond index that now features India are actively managed, implying the impact of overseas flows could be felt as early as December when global investors decide fresh allocations for the next calendar year. In recent conversations with market participants, JP Morgan's index managers have said that around 75% of the assets under management (AUM) linked to the bond indices are 'active', and that the total AUM tracking the platforms could be more than $300 billion, sources aware of the matter told ET. «With active funds being 75% of more than the $300 billion-AUM tracking the JP Morgan index, pre-positioning could start from December 2023 to March 2024 itself as long as foreign portfolio investors (FPIs) are registered here.

Bankers are resigned to another year of weak bonuses as a global glut in deal making across mergers and acquisitions and capital markets slims fees at investment banks.

Embattled founder and CEO of defunct exchange FTX Sam Bankman-Fried (SBF) is on the cusp of suffering another series of major losses. 

₹300-1,000 on airfares due to the steep rise in jet fuel prices, the airline said. The surcharge will be added to airfares booked from 6 October onwards. “The decision follows the significant increase in aviation turbine fuel (ATF) prices, which have surged in the last three months with consecutive price hikes every month," the airline said.

Netflix will debut an interactive 'Squid Game: The Trials' experience in Los Angeles. It will feature live competitive games, a «Night Market» offering Korean cuisine, beverages, a Squid Game store, and photo opportunities. Chef Katianna Hong from the restaurant YANGBAN will curate the food and drinks. The experience will open on December 6 at the Television City complex, with ticket sales starting on October 11. Tickets will be available from $39, and the experience will run from Wednesdays to Sundays. Netflix aims to build fan engagement through immersive experiences, and it has previously launched similar events based on popular shows like Bridgerton, Stranger Things, and Money Heist in cities, such as New York and Los Angeles. Additionally, earlier this year, Netflix introduced the Netflix Bites pop-up restaurant in L.A., featuring cuisine from its featured chefs. At the 'Squid Game: The Trials' experience, participants will encounter the «Front Man,» the series' masked antagonist, and undertake six progressively challenging tasks, earning points as they progress. The ultimate victor will need nerves of steel, strategic thinking, and a bit of luck. In an announcement by Josh Simon, Netflix's VP of consumer products, the company emphasized its commitment to live immersive experiences as part of its strategy to cultivate dedicated followings for its flagship franchises. Netflix has also extended its physical presence with a store at The Grove, where it sells merchandise inspired by its content.

Investing.com — Levi Strauss on Thursday narrowed its guidance after reporting third-quarter revenue that fell short of analysts estimates amid ongoing U.S.-led weakness in its wholesale business, 

Revolutionary Bitcoin cloud-mining project Bitcoin Minetrix has just smashed through its $500,000 presale milestone with a use case that has the crypto world’s top influencers salivating.

Younger Canadians don’t want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.

Higher borrowing costs are expected to drive drastic slowdowns in homebuilding for Canada’s largest urban centres after a surge in activity that started the year, according to the Canada Mortgage and Housing Corp.

Check out the companies making headlines in midday trading.

Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about housing, banks and even the fiscal sustainability of the U.S. government.

By Marcelo Teixeira

By David Shepardson

Cocoon Data, a local encryption and data protection company, has put its secure-file-sharing business on the market as it pivots to focus its attention on a new API encryption service for software developers.

Concerns from regulators about the dominance of Amazon and Microsoft in Britain’s cloud computing market have triggered an investigation into the competitiveness of the key industry

The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers

Surging interest rates are intensifying the challenges for the U.S. economy and threatening to derail the Federal Reserve’s drive to tame inflation without causing a deep recession

The governors of Massachusetts, Connecticut and Rhode Island plan to procure offshore wind energy together

It’s been a big year for labor organizing in the U.S. And from auto production lines to Hollywood, all eyes are on strikes taking the world of work by storm

Surging interest rates are intensifying the challenges for the U.S. economy and threatening to derail the Federal Reserve’s drive to tame inflation without causing a deep recession