COST Financial News

11.07 / 10:17

COST Reuters Small business confidence reaches 7-month high in June, NFIB says

By Safiyah Riddle

11.07 / 09:51

COST UPS Man Action Discover Ben Roberts-Smith appeals major defamation loss

Disgraced soldier Ben Roberts-Smith has launched an appeal of the judgment in his failed defamation action against The Sydney Morning Herald, The Age and The Canberra Times, which ruled he is a war criminal, murderer and a bully.

11.07 / 09:51

COST UPS Booking Cold weather, short season curtails Cobram Estate’s olive harvest

Cobram Estate, the country’s largest olive grower, said its harvest has been lower than expected, pushed down by an unusually cold and short season.

11.07 / 09:51

COST Citi Platform Action Immunic How healthcare precincts aid big, ambitious research

Medical and healthcare innovation precincts in places such as Melbourne’s Parkville and Sydney’s Westmead are at the vanguard of Australia’s world-class research endeavours. But how can a nation of 26 million people compete with global heavy-hitters such as Johns Hopkins Hospital, the Harvard system or Toronto’s MaRS Discovery District?

11.07 / 09:51

COST Provident Assurant Align Metro Public private partnerships to ease the burden

Post-pandemic, government balance sheets look shaky but the voting public continues to demand more and better hospitals, schools, public transport and even jails.

11.07 / 09:37

COST Lowe's Target UK wages are rising at a record pace. That makes higher interest rates more likely

Wages in the U.K. are rising at a record high rate amid stubbornly high inflation

11.07 / 09:37

COST UPS Provident Twitter Strategy Liz Weston: Saving for retirement just got more complicated

Secure 2.0 gave people several new options for workplace retirement accounts, but it forces higher-income savers to use their plans’ Roth option for catch-up contributions

11.07 / 09:37

COST UPS Booking Career Colleges Supreme Court Justice Sotomayor's staff prodded colleges and libraries to buy her books

For colleges and libraries seeking a big name for a guest lecturer, few come bigger than Sonia Sotomayor, the Supreme Court justice who rose from poverty in the Bronx to the nation’s highest court

11.07 / 09:15

COST UPS Action POT Browser Interest rates rising – how to avoid a mortgage headache

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

11.07 / 09:13

COST UPS Software Chandrayaan-3 set to launch on July 14: All you need to know about ISRO’s spacecraft

The Indian Space Research Organisation (ISRO) is gearing up to make another attempt to land on the moon with the launch of Chandrayaan-3 on Friday (July 14).

11.07 / 08:59

COST Provident FIVE Booking boost Five fundamental stocks you can bet on to give a boost to your portfolio

₹247.4 and the bull case fair value is ₹273.65 over the next three-four quarters. Investors can buy the stock in the band of ₹222-228 and add more on dips to ₹195-201 band," said HDFC Securities. HDFC Securities pointed out HUDCO has off late ventured into corporate lending activities for urban infrastructure including power, lending to Gridcos in states.

11.07 / 08:23

COST UPS CEO Enterprise Federal Court warns AUSTRAC it is in danger of being a ‘soft touch’

The nation’s financial crimes agency is in danger of being a “soft touch” because it has always reached an agreement with companies found to have acted inappropriately, the Federal Court has warned.

11.07 / 07:55

COST UPS Manufacturing Micron Diodes China escalates chip war with new curbs against US

China is escalating its chip war with the United States by imposing export controls on the overseas sales of gallium and germanium, elements essential to making semiconductors, CNN Business reported. China's trump card is seen as the counter-attack to potential US tightening of [its] AI chip ban. «We see this as China's second, and much bigger, countermeasure to the tech war, and likely a response to the potential US tightening of [its] AI chip ban,» said Jefferies analysts as cited by CNN Business.

11.07 / 07:55

COST UPS Lowe's Digital ad Higher ad spends, falling newsprint cost to improve print revenues, profitability in FY24: Crisil

media revenue is anticipated to increase 13–15% to Rs 30,000 crore this fiscal year due to higher spending on advertising by corporations in key sectors and an increase in government ad spending in light of the forthcoming state and parliamentary elections, according to a Crisil report. The profitability of the print media sector will increase by 1,000 basis points (bps) to 14.5% this fiscal year as a result of rising topline and falling newsprint prices. The growth predictions are based on an analysis of Crisil-rated print media companies, which generate more than 40% of the industry's revenue.

11.07 / 07:19

COST UPS Target Booking Platform Stealth valuation Athena lines up stealth capital raising, delaying valuation questions

Athena Home Loans – the start-up mortgage lender attempting to challenge the dominance of the major banks by offering lower rates to good borrowers – is raising $20 million from existing investors using a funding mechanism that lets it keep its valuation in a falling market.

11.07 / 07:19

COST UPS MET Action Enterprise Bringing GST under PMLA could lead to tax terrorism

On July 8 the Indian government amended provisions of the Prevention of Money Laundering Act (PMLA) to allow the Enforcement Directorate and the Financial Intelligence Unit to share information with the GST Network. News reports have tended to view the development as the government bringing the GST Network under the purview of PMLA, complete with its arbitrary powers of investigation and arrest. This is a disquieting development.

11.07 / 06:45

COST FIVE Booking Manufacturing Maruti Suzuki becomes number one player in ₹10 lakh to ₹20 lakh vehicle category: Report

₹10 lakh to ₹20 lakh vehicle category for the financial year 2022-2023. The company has reportedly become the number one player in the segment. As reported by Autocar India, the company’s market share rose to 22% in the first quarter of FY24 (April-June 2023), thanks to more demand for its premium SUVs.

11.07 / 06:45

COST Citizens VISA Schengen visa rejection costed Indians almost ₹90 crore in 2022

Schengen Visa Info reveals that India still had the second-highest number of Schengen visa rejections worldwide. Over 100,000 visas were refused, amounting to an estimated loss of Rs87 crore on canceled trips.

11.07 / 06:43

COST IPO Target Booking CEO Stryker Backed Twiggy-backed CurveBeam AI opens books for $154m float

Medical imaging business CurveBeam AI, which has assembled an impressive register via its pre-IPO rounds, opened the books on an initial public offering on Tuesday.

11.07 / 06:43

COST Provident Platform Accenture Taking stock of the new retail value paradigm

This content is produced in commercial partnership with Accenture

11.07 / 05:37

COST UPS Reuters Manufacturing HON exit share price Vedanta share price drops almost 3%; here's why Foxconn decided to exit the semiconductor JV

Vedanta declined almost three per cent in morning trade on BSE on Tuesday, a day after Taiwan-based firm Foxconn said it had decided to pull out of a $19.5 billion semiconductor joint venture (JV) with Vedanta. The stock opened at ₹275 against the previous close of ₹282.25 and fell 2.6 per cent to ₹274.90 soon.

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