FIVE Financial News

jobs in January as the unemployment rate fell for the first time since December 2022.The gains, which were above some analyst expectations, were mostly driven by part-time work, and were well above the 10,000 jobs RBC predicted Canadian employers would add.The bank had also predicted the unemployment rate would rise to 5.9 per cent, up from 5.8 per cent in December. Instead, unemployment came in at 5.7 per cent, down one percentage point from the previous month.Statistics Canada, which released the data Friday, said there were employment gains spread across several industries in the services-producing sector.They were led by wholesale and retail trade (up 1.1 per cent) as well as finance, insurance, real estate, rental and leasing (up 2.1 per cent).

Cetera has deepened its network of advisors with the addition of a five-person veteran team.

Safe as houses, they say — just not so much lately.

BCE, with a workforce of around 44,610 individuals, is poised to reduce its employee count by nine per cent, amounting to approximately 4,800 positions. The majority of the lost jobs will take place within Bell Canada, with under 10 per cent coming from the Bell Media division.

By Rajesh Bhayani,

According to the OECD, Canada was the third largest recipient of foreign direct investment (FDI) inflows in the first three quarters of 2023 (at US$42 billion), behind only the United States and Brazil. Does that mean Canada is doing well attracting capital, as the federal government has argued? Not really. Not if you consider outflows, too.

India and Australia will face off in the U19 Cricket World Cup final. India aims to secure back-to-back titles and currently holds the record for being the most successful team in the tournament with five trophies. Australia's journey to the final saw them clinch a thrilling victory against Pakistan in the semi-finals, with lower-order batter Oliver Peake playing a pivotal role by scoring 49 runs. On the other hand, India secured their spot in the final by defeating South Africa in a closely contested match, winning by two wickets.

TLDR:

A significantly large part of Finance Minister Nirmala Sitharaman’s interim budget speech last week was devoted to outlining the performance of the incumbent government. With general elections only months away, this was expected. And like a political speech, her delivery on 1 February highlighted an increase in the per capita income of Indians by more than 50% over the last decade, along with the government’s claim of about 250 million Indians having moved out of multidimensional poverty during the same period.

A diplomatic rift between Ecuador and Russia appeared to intensify over the weekend after the European nation decided to ban some imports of bananas from Ecuador

Sam Lee, 35, an Australian citizen residing in Dubai was charged for allegedly co-founding 'too-good-to-be-true' online investment platform HyperFund. Rodney Burton, 54, of Miami, and Brenda Chunga, 43, of Maryland, were promotors of HyperFund.According to court documents, HyperFund’s promotional materials allegedly made various false claims, including that investors who purchased HyperFund “memberships” would receive between 0.5% to 1% daily in passive rewards until the company either doubled or tripled the investor’s initial investment. To convince investors that it could make such payments, HyperFund allegedly claimed that its payments would be disbursed in part from its revenues from large-scale crypto mining operations, when in truth, HyperFund did not have such operations.

₹5,335 crore for the quarter ending in December, beating market estimates. This marks a notable rise from the ₹5,006 crore reported in the corresponding period of the previous year. Sequentially, net profit grew 13 percent from ₹4,927 crore in the September quarter.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

'Echo' was assumed to be a single-season show when it was first announced. After all of its five episodes were released on the streaming services on Tuesday, January 9 at 9 p.m. ET., there has been no word on its continuation. In this backdrop, the Director of Photography said on whether Season 2 is in the works for Alaqua Cox’s Maya Lopez. Talking to 'Direct', Echo cinematographer Kira Kelly shared her thoughts on a possible Season 2 and working with the characters from Netflix’s Daredevil.

In an increasingly digital world, our reliance on the internet has grown exponentially. From managing our finances and shopping to staying connected on social media, our lives are intricately woven into the online fabric. While the benefits are immense, so too are the associated risks. Cyber threats and attacks loom large, targeting not just businesses, but individuals. The question is: Are you prepared for the unexpected? Do you have a safeguard for your digital assets? Here's why investing in individual cyber insurance is not just a prudent choice; it's a necessity.

Mulltibagger stock: Shares of Mufin Green Finance Limited are one of the multibagger stocks that the Indian stock market has delivered in the last one year. This NBFC stock has surged from around ₹44.40 apiece level to ₹219.25 per share mark, logging around 400 per cent appreciation in the last six months. However, it seems that the NBFC stock still possesses some upside potential.

By MacDonald Dzirutwe and Libby George

In Monday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached, whether the stock has seen a buildup of fresh long position or not.

Rishi Sunak will announce plans on Monday to ban the sale of disposable vapes to prevent their use by children, and reiterate the government's intention to introduce a law preventing younger generations from buying tobacco. Under the new powers, there would be restrictions on vape flavours, a requirement for plain packaging, and changes to how vapes, or e-cigarettes, are displayed to make them less attractive to children.

3:5 bonus shares, 1:10 stock split: A long-term stock market investor enjoys some extra benefits over a short-term investor or a trader. While short-term investors and traders earn from the stock movement only, a long-term investor gets various rewards that a listed company announces from its capital reserves. These rewards are announced in the form of dividends, bonus shares, stock split, buyback of shares, etc.

mutual fund scheme, investors are expected to examine a slew of factors which include the reputation of the fund house, category of scheme, macro-economic condition, past performance of the fund manager and importantly – the scheme’s historical performance. Here, we list out the top performing schemes of focused mutual funds, particularly the ones which have delivered more than 18 percent annualised return.