Discover Financial News
27.01 / 14:55
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A Bulgarian shipping company denies its vessel sabotaged a Baltic Sea cable
A Bulgarian shipping company on Monday denied that one of its ships had intentionally damaged an underwater fiber optic cable connecting Latvia and the Swedish island of Gotland
25.01 / 21:19
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Morning Coffee: UBS implies MD departures might save it money. Expats in Dubai discover the downsides
Usually, in bank mergers, the rule of thumb is that you can save about 40% of the cost base of the smaller bank. For example, when UBS took over Credit Suisse in 2023, Sergio Ermotti might have looked at its last set of accounts (which turned out to be its last set of accounts), saw that the total expenses were about $18bn, and guessed that a bit more than $7bn would be a reasonable target. The actual target was set at $8bn, possibly reflecting the fact that this wasn’t an ordinary deal and the overlap was obviously considerable.
25.01 / 15:39
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Calculation error? Rs 9 crore refund for 'Mannat' coming Shah Rukh Khan’s way from Maharashtra government
Maharashtra government will refund Bollywood actor Shah Rukh Khan Rs 9 crore, which he had paid in excess for the conversion of the lease of his sea-facing bungalow, 'Mannat'.
25.01 / 08:53
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Shark Tank India 4: Peyush Bansal tells Anupam Mittal not to 'misguide' founder as they battle to have stake in her beauty startup
Radhika Rajpal, the founder of Patch Up, discovered this issue upon returning to India after living in Europe. She found that the pure supplements she used abroad were unavailable in India. This realization inspired her to create Patch Up, a line of health patch stickers free from harmful additives, designed to address various wellness needs.
25.01 / 03:29
23.01 / 00:25
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Sebi raises concern over $1.5 bn HDB Financial Services IPO
Subscribe to enjoy similar stories. Mumbai: The stock market regulator is examining a potential violation of the Companies Act by HDB Financial Services 17 years ago as the non-bank lender prepares for a $1.5 billion initial public offering (IPO), three people aware of the matter said. The Securities and Exchange Board of India (Sebi) found that the lender in 2008 issued shares to more than 50 employees of its parent HDFC Bank through a private placement, one of the three people said.
22.01 / 20:41
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Joe Biden wrote an inspirational letter to Donald Trump and kept it at his desk before leaving office; here are the exact contents of it
US President Donald Trump discovered a significant handwritten letter from former US President Joe Biden in the Resolute Desk during his return to the Oval Office while continuing a long standing US Presidential transition tradition, reported Reuters.
22.01 / 15:21
22.01 / 08:27
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A 53-year-old Harvard Business Review article could hold clues to India’s persistent business family feuds
Subscribe to enjoy similar stories. A contested will, family agreement, multiple HUFs and warring siblings, the ongoing feud between Babasaheb Kalyani and his sister Sugandha Hiremath at the $3 billion Kalyani group, has all the familiar ingredients of the boiling pot that is the Indian business family.
21.01 / 17:05
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Francisco San Martin, known for his roles in 'Jane the Virgin' and 'Days of Our Lives' found dead at 39
Francisco San Martin, best known for his role in “Days Of Our Lives,” has died at age 39. Martin, who played Dario Hernandez on the long-running soap, was discovered by police at his Los Angeles home on Jan. 16.
21.01 / 12:59
19.01 / 07:19
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Relationships
Bengaluru techie poisons woman after spying on her; drinks toilet cleaner to evade arrest
Imdad Basha poisoned a women by spying on her after he was discovered to have masterminded the murder and cover-up after learning about upcoming marriage to a Pakistani national working in Australia, according to a ToI report.
18.01 / 12:23
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Pharmaceuticals
The secret to raising confident children? Quality time with parents.
Subscribe to enjoy similar stories. As concerns abound about the mental health of children and adolescents, parents are getting all sorts of advice. Should we ban phones or just social media? Try pharmaceuticals or wean kids off them? Find a therapist or hire a “life coach" instead? The prescriptions for helping kids become healthier, less anxious and more self-possessed are as varied as the kids themselves.
18.01 / 06:23
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First-ever footage of meteorite strike captured: Watch and hear how a celestial explosion feels
meteorite strike. A home security camera on Prince Edward Island, Canada, may have captured the first-ever footage and sound of meteorite fragments hitting the Earth, according to NPR. The event occurred in July 2024, when Joe Velaidum and his partner, Laura Kelly, discovered their walkway littered with stones. They discovered their walkway covered in debris after hearing a loud noise.
16.01 / 13:53
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$1.8 billion isn't missing after all in South Carolina, questions remain about error
It turns out that $1.8 billion wasn’t just sitting in a bank account in South Carolina waiting to be spent
16.01 / 03:37
UPS
JPMorgan
security
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President
International
Will Donald Trump unleash Wall Street?
Subscribe to enjoy similar stories. According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated upon Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast.
14.01 / 19:59
08.01 / 14:27
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2 dead bodies discovered in landing gear of JetBlue plane
Check out what's clicking on FoxBusiness.com.
07.01 / 06:45
Man
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mountaineering
His body washed ashore near the Ontario-U.S border in 2003. Now, police have an ID
The Ontario Provincial Police say the identity of an American man’s body found almost 22 years ago near the Ontario-U.S border has been solved using investigative genetic genealogy, giving his family closure.
06.01 / 09:57
Analysis
Discover
performer
Latin
2020
Friday Briefing: Energy's fall from grace is understandable but a comeback will be tough
This year, the same theme has languished at the bottom of the returns tables, as my colleague Sorin Dojan discovered. US equity funds deliver top performance in 2024 while Latin America and energy suffer In his analysis of the open-ended sector, global and clean energy trackers were among the biggest losers of the year, joined by rival trackers in the commodity space. Ben Yearsley, director at Fairview Investing, said: «Energy transition-related investments are having a torrid time,» adding: «It does not pay to be clean and green currently.» Going back to 2020 and the ESG boom, ...
06.01 / 06:53
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Citi
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Abandoned by her mother 20 years ago, Spanish woman return to India in search of her birth family
Indian-origin woman, was abandoned by her biological mother and later adopted by a Spanish couple. Now, as an adult, she has returned to Odisha, India, in search of her birth mother. A researcher in children's education based in Spain, Sneha embarked on this journey with limited knowledge of her past. Her Spanish parents, Gema Vidal and Juan Josh, have supported her throughout the process, even accompanying her to India in her quest to trace her roots.
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