COST Financial News
28.02 / 04:25
markets
COST
Target
Healthcare
reports
testing
The Fed’s next inflation test is here. How it will guide interest rates.
Subscribe to enjoy similar stories. The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right. The Bureau of Economic Analysis is scheduled to release the latest reading for the personal consumption expenditures, or PCE, price index on Friday, Feb.
28.02 / 03:43
markets
COST
security
performer
travelers
Department
Mass layoffs begin at NOAA, with hundreds said to be fired in one day
Trump administration has begun firing employees at the National Oceanic and Atmospheric Administration, one of the world's premier centers for climate science.
28.02 / 03:07
markets
COST
Software
DELL
Trade
Dell forecasts upbeat full-year profit on cost cuts, robust AI server demand
Dell Technologies forecast annual profit above Wall Street estimates on Thursday on the back of cost cuts and growing demand for its AI-optimized servers, sending the company's shares up 3% in extended trading.
28.02 / 02:19
markets
COST
Analysis
Research
DELL
Trade
Dell forecasts decline in annual margin on higher AI server costs
Dell on Thursday forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, while its PC business also lagged amid soft demand. The Round Rock, Texas-based company's shares fell about 2% in extended trading, even as it announced a $10 billion increase in its share buyback plan.
28.02 / 02:15
28.02 / 01:13
markets
COST
UPS
FIVE
Strategy
Trade
reports
Mint Explainer: Warren Buffett’s record cash reserve and his unique Japan strategy
Subscribe to enjoy similar stories. Annual reports are generally not known to be candid. It’s a different story when you’re reading Warren Buffett’s annual letter to shareholders of his company Berkshire Hathaway.
28.02 / 00:03
COST
economy
President
prevention
Schools
International
Mint Primer | Trump’s $5 million card: Will there be a gold rush?
Subscribe to enjoy similar stories. US President Donald Trump has floated the idea of a ‘gold card’, which could replace the EB-5 visa programme and the green card, coveted by wealthy immigrants. It could be a passport to the prized US citizenship, but the cost is eye-watering.
27.02 / 20:05
27.02 / 17:47
27.02 / 17:47
markets
COST
Trade
President
RAI
Relationships
How Donald Trump’s 25 per cent tariffs on the EU could affect Americans
US President Donald Trump has announced plans to impose 25 per cent tariffs on goods imported from the European Union, stating that the trade relationship between the two sides has been unfair to the United States.
27.02 / 17:47
27.02 / 15:47
COST
UPS
Enbridge
Headlines
International
mountaineering
Gwyn Morgan: Build east-west pipelines? We were doing that, remember?
The Feb. 11 edition of the Financial Post was headlined “West-East pipeline talks perk up oilpatch ears as U.S. targets Canada.” Federal Industry Minister François-Philippe Champagne was quoted as saying the new rules of Canada-U.S. relations “may mean you need pipelines that go west-east.”
27.02 / 13:09
COST
UPS
show
SJP profits hit £400m in 2024
Results for the year ended 31 December 2024 also showed a post-tax underlying cash result of £447.2m compared to £392.4m in 2023. This was up 14% year-on-year despite charge structure implementation costs headwind, the wealth management business said. The firm posted gross inflows of £18.4bn compared to 2023's £15.4bn and net inflows represented 2.6% of opening funds under management (2023: 3.5%). Its results from last year revealed the advice giant had made a £426m provision to refund clients for ongoing advice charges. Today's results said its historic ongoing service evidence...
27.02 / 12:21
COST
UPS
Assurant
Trade
President
Trump's push for Keystone XL could be just the bargaining chip Canada needs, says former premier
United States President Donald Trump is calling for the immediate revival of the Keystone XL pipeline, a cross-border project that cost the Canadian oilpatch billions when it was cancelled in 2021 by the former administration and is still the subject of an ongoing $1.3-billion lawsuit by the Alberta government.
27.02 / 11:49
COST
UPS
Racing
Research
testing
Amazon unveils its first quantum computing chip
Subscribe to enjoy similar stories. Amazon.com’s cloud-computing business on Thursday unveiled its first-ever quantum computing chip, which it claims marks an important step in the development of useful, reliable quantum computers. The chip, dubbed Ocelot, can lower the costs of reducing quantum computing errors by up to 90%, the Seattle-based tech giant said.
27.02 / 11:49
COST
UPS
Booking
Cycling
consequences
NBFCs gain fresh momentum as RBI eases bank lending norms
Subscribe to enjoy similar stories. The business environment is set to turn favourable for non-banking financial companies (NBFCs), thanks to two recent developments. On 25 February, the Reserve Bank of India (RBI) eased risk-weight norms for bank lending to NBFCs, reducing it from 125% to 100%, effective 1 April.
27.02 / 11:31
markets
COST
UPS
Citi
Provident
Food
Maha Kumbh, a window of opportunity for gig workers and small vendors
Maha Kumbh Mela drew not just millions of spiritual seekers but also provided economic opportunity for many gig workers and small vendors, who were able to utilise the 45-day grand religious gathering as a source of livelihood by selling essentials and offering services. Mahakumbh Nagar — a makeshift city set up for the Maha Kumbh — hosted over 66 crore devotees, who came here in hope to find 'moksha' after a dip in the sacred waters of Triveni Sangam.
27.02 / 09:43
COST
UPS
Platform
Apple
NVIDIA
reports
Nvidia is far from running out of road
Subscribe to enjoy similar stories. The hardest thing about being Nvidia these days is living up to the recent past. Nvidia’s fiscal fourth-quarter report late Wednesday continued the AI titan’s string of impressive results.
27.02 / 09:33
markets
COST
RAI
Department
India braces for scorching March, wheat crop at risk
summer season with one of the warmest March months on record, and above-average temperatures throughout most of the month threaten to cut yields of the maturing wheat crop, two weather bureau sources said.
27.02 / 08:47
markets
COST
Research
Trade
RAI
Department
Mercedes-Benz plans to cut 25% of workforce costs in China by 2027, source says
Mercedes-Benz is cutting jobs in China to achieve its goal of reducing by a quarter workforce costs in its biggest market by 2027, a person with direct knowledge of the matter said.
27.02 / 08:47
COST
UPS
WhatsApp
President
Courts
State governments should not tax minerals excessively: Union Mines Minister
G Kishan Reddy said Thursday. Addressing a press conference on the Indian mining sector, he said while states can levy higher taxes after a Supreme Court order allowing the same, it should be avoided due to the adverse impact on consumers. Elaborating on the centre's stand on the issue, Mines Secretary V L Kantha Rao said, we have asked states to come up with a stable regime for taxing minerals so that companies have better visibility when starting operations.
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