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24.10 / 01:57

COST economy CAD Bill country shock Crude oil deficit to high inflation: How can the Israel-Hamas war impact Indian economy? — Explained

Also Read: From high inflation to import bill - the domino effect of rising crude oil prices on Indian economy With major oil producers Saudi Arabia and Russia announcing oil supply cuts of a combined 1.3 million barrels per day (mbpd) till the end of the year, the global economy already faces an oil market deficit. Now, with oil prices hovering above the $90 per barrel-mark, the escalation of the conflict towards other Middle Eastern oil producers is concerning and requires careful monitoring, especially given the global economy's 'higher for longer' interest rate scenario. The oil supply is unlikely to be threatened unless the issue expands to other nations in the region and becomes a proxy conflict between the US and Iran.

24.10 / 01:07

COST Lowe's Manufacturing economy show Japan's factory, service sector activity under pressure in Oct - PMI

TOKYO (Reuters) — Japan's factory activity shrank for a fifth straight month in October while the service sector saw its weakest growth this year, a survey showed on Tuesday, amid growing uncertainty over the outlook for the world's third-largest economy.

23.10 / 23:49

FIVE economy RBC CIBC show reports Bank of Canada expected to hold key interest rate at 5% amid ‘sluggish’ economy

The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates and inflation resumes its downward trend.

23.10 / 23:49

Lowe's economy Enterprise show country 2020 reports Foreign control in the Canadian economy is shrinking: StatCan

Foreign control in the Canadian economy has been steadily declining over the last decade, government data shows.

23.10 / 21:23

COST Provident Manufacturing Software economy electronic Cadence's downbeat fourth-quarter forecast signals weakness in chip industry

(Reuters) — Cadence Design (NASDAQ:CDNS) Systems forecast fourth-quarter revenue and adjusted profit below Wall Street estimates on Monday, as slower R&D spending by semiconductor firms navigating a tough economy weighs on the chip design software provider.

23.10 / 19:31

Reuters economy President country shock Argentina central bank to keep powder dry for now after election surprise -sources

By Jorge Otaola

23.10 / 19:27

UPS Progressive Action economy beautiful testing Bishan Singh Bedi: 'Sardar of spin' passes away

Bishan Singh Bedi, one of India’s most influential cricketers of all time, died at 77 on Monday, leaving a legion of fans, admirers and students in mourning. Bedi bowled with the most beautiful action of any slow left-arm spinner in the game with the precision of a surgeon. He led various teams with the kind of progressive thinking that was far ahead of his time. He fought for causes he believed in with steadfastness and integrity, taking on even the most powerful people around if it meant righting a wrong.

23.10 / 17:47

COST Target Ford Manufacturing economy show United Auto Workers strike: Cost to US economy tops $9 billion

Comodo Motors general manager Jordan Baker joins The Big Money Show to discuss the impact on auto dealers and car buyers from the ongoing UAW strike.

23.10 / 17:45

Provident Waters Mobile economy Align electronic innovations Paytm founder floats ₹30 cr fund for AI, EV startups

₹30-crore fund to back artificial intelligence (AI) and electric vehicle (EV)-related startups operating in India. The size of the Category II Alternate Investment Fund (AIF) ‘VSS Investments Fund’ approved the by the Securities and Exchange Board of India (Sebi) is ₹20 crore, along with a green shoe option of ₹10 crore. Follow-on investments for Sharma’s current portfolio in consumer and B2B technology space will also come from this fund, he said in a statement.

23.10 / 16:39

UPS Lowe's economy Nov Bill country tax cuts Analysis-How Argentina's Massa pulled off election upset with tax cuts and bus fares

By Anna-Catherine Brigida

23.10 / 16:05

Waters CEO economy Align WhatsApp innovations Paytm CEO Vijay Shekhar Sharma launches ₹30 crore fund for AI, EV startups

Paytm founder and chief executive Vijay Shekhar Sharma has launched a ₹30-crore ‘VSS Investments Fund’ to invest in Indian artificial intelligence (AI) and electric vehicle (EV) startups. The total size of the Sebi-approved, Category II Alternate Investment Fund (AIF) is ₹20 crore with a green-shoe option of ₹10 crore, bringing the total corpus to ₹30 crore.

23.10 / 15:39

UPS Reuters economy show Turkish central bank expected to raise rates to 35% on Oct. 26 - Reuters poll

By Ezgi Erkoyun

23.10 / 14:23

Twitter economy cover Ackman covers bond short after banking on trade

Hedge fund manager Bill Ackman said on X, formerly known as Twitter, that his Pershing Square hedge fund covered its bond short after banking on the trade over the past several months as yields surged on persistent inflation.

23.10 / 14:01

UPS Target Reuters economy show Department Russia to hike rates to 14% as inflation pressure remains high - Reuters poll

By Elena Fabrichnaya and Alexander Marrow

23.10 / 13:55

Provident Digital Microsoft economy President country Microsoft to spend $3.2 billion in Australia as AI regulation looms

Microsoft said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of a wide-ranging effort that includes skills training and cyber security. The U.S. tech giant said it would raise its computing capacity in Australia by 250%, enabling the world's No. 13 economy to meet demand for cloud computing — the practice of storing data on a separate network — which was expected to double from 2022 to 2026 as AI became more prevalent.

23.10 / 13:09

economy Nov RBC stage country social Argentina's assets drop after presidential vote as uncertainty weighs

By Jorgelina do Rosario

23.10 / 12:57

UPS Target Reuters Waters economy prevention China set to approve $137 billion in extra sovereign debt on Tuesday -sources

(Reuters) — China is set to approve slightly more than 1 trillion yuan ($137 billion) in additional sovereign debt issuance on Tuesday as Beijing steps up its efforts to spur infrastructure spending and encourage economic growth, three sources told Reuters.

23.10 / 11:41

COST UPS economy pandemic show reports The Economy Was Supposed to Slow by Now. Instead It’s Revving Up

Earlier this year, economists and Federal Reserve officials predicted that the U.S. economy would be sputtering by now as higher interest rates cut into spending and investment. The opposite is happening.

23.10 / 11:27

UPS Compilation economy President performer country Emerging market elections offer new hope for investors

Elections are shining a spotlight on struggling emerging markets, with the prospect of fresh leadership unlocking opportunities in the asset class.

23.10 / 11:27

UPS Strategy economy ICE Nov track NOT Why Treasuries are not the ‘world’s safest asset’ right now

A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say.

23.10 / 11:18

COST UPS CEO economy show stars International Zinc International deal with Vedanta off the table; Indian demand offsets global demand dip: HZL CEO

Arun Misra, CEO, Hindustan Zinc, says the annual general meeting is over and there is no chance of taking that decision which was taken in the board to make it effective. So if at all it has to happen, it has to come as a fresh proposal and a fresh decision. Right now, there is no such proposal for consideration of the board. Sequentially, Hindustan Zinc revenues have seen a dip and this is primarily due to the fall in the zinc prices. How has the demand been in the zinc market both domestically as well as globally? At the end of Q1, you said you had expected the zinc prices to rise by the end of the year. Given the volatility in prices, do you still believe zinc prices are poised to go higher? Let us start with global first.

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