International Financial News

17.01 / 02:23

security Mobile War country rights International Trump can make Russia pay to rebuild Ukraine

Subscribe to enjoy similar stories. The wreckage left behind after Russian military strikes in Toretsk, Ukraine, Dec. 19., 2024.

17.01 / 00:33

COST Analysis Trade Experts reports International Muted growth, higher slippages & credit costs weigh on Axis Bank

Axis Bank on Thursday reported a tepid rise in its December quarter profits on the back of weak business growth, increased slippages and higher credit costs. The bank's profit rose 4% on year to ₹6,304 crore, largely in line with expectations. An analyst poll by Bloomberg had estimated profit after tax at ₹6,297 crore. Net profit was ₹6,071 crore in the same quarter last year.

16.01 / 22:45

Aviat Manufacturing security Strategy Software Universities International US defense contractor to build 4,000-worker advanced manufacturing facility in Ohio

U.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio

16.01 / 19:21

markets Election Trade show country reports International Posthaste: Forget Donald Trump, Canada's own trade barriers amount to nearly 25% tariff

Trade has dominated the conversation in Canada since Donald Trump won the U.S. election and threatened to slap a 25 per cent tariff on all imported goods.

16.01 / 13:53

markets COST security Trade Department donates International Treasury nominee plans to say at confirmation hearing that Trump will unleash 'economic golden age'

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”

16.01 / 13:33

markets Man Analysis Dreams Universities International rowing This hedge fund created an Excel on steroids

Subscribe to enjoy similar stories. London-based Man Group is beginning to commercialize its ArcticDB tool for analyzing a lot of data quickly. A tool for crunching billions of rows and millions of columns of data is the stuff of nightmares for some.

16.01 / 13:15

markets UPS Provident Cooper Strategy International Power Finance Corporation signs 120 billion yen loan pact with Japan Bank for International Cooperation

PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. According to a PFC statement, under the agreement signed on Wednesday, JBIC will provide funding of JPY 72 billion, and the balance will be funded by commercial banks.

16.01 / 10:35

markets security Trade Universities country Department International Can Donald Trump really weaken the dollar to enhance US trade competitiveness?

Subscribe to enjoy similar stories. One of the more jaw-dropping policy ideas gaining political steam in the US recently has President-elect Donald Trump and his team, on taking office, actively depressing the dollar with the goal of boosting US export competitiveness and reining in the country’s trade deficit. If Trump tries, will he succeed? And what could—and probably would—go wrong? On the question of whether Trump could weaken the dollar, the answer is clearly ‘yes.’ But whether doing so would enhance the competitiveness of American exports and strengthen America’s trade balance is quite another matter.

16.01 / 08:23

markets Digital Strategy students PAM International Canada tightens Open Work Permit rules for families of international students and workers

16.01 / 07:29

CEO Platform Parke Meta Ceo performer social reports International Bloomberg reports that Meta will lay off 5% of staff

News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them

16.01 / 04:07

markets Target Analysis Trade Experts Courts International GAIL shares in focus after $285 million settlement with SEFE Marketing, case withdrawn in London

The settlement, finalised on Wednesday, involves SEFE Marketing paying $285 million to GAIL (India), marking a resolution to the dispute. The agreement also includes the withdrawal of the arbitration proceedings before the London Court of International Arbitration.

16.01 / 03:37

UPS JPMorgan security Discover 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.

16.01 / 01:15

COST UPS Provident FIVE pandemic Traffic International Budget may peg railways’ operating ratio below 98% on higher GBS, improved earnings

Subscribe to enjoy similar stories. The Union budget may peg Indian Railways' operating ratio at the best in five years in FY26 on higher freight revenue and increased central funds, two people aware of the matter said. Operating ratio, a measure of operational efficiency, is the ratio of amount spent to earn every ₹100.

16.01 / 01:15

markets Aware security Trade band cover International RBI to continue interventions in forex market, despite tight liquidity

Subscribe to enjoy similar stories. Tight liquidity will not bind the Reserve Bank of India’s (RBI) hands in intervening to curb excessive rupee volatility in the forex market, said a senior official aware of the thinking at the central bank. "Liquidity will be managed and so will excessive currency volatility," he said.

15.01 / 16:57

markets UPS Trade country International OPEC sticks to oil-demand view

Subscribe to enjoy similar stories. OPEC’s overall forecast remains significantly more optimistic than others in the industry. The Organization of the Petroleum Exporting Countries stuck to its oil demand forecast for this year after a series of cuts and projected broadly stable growth into 2026.

15.01 / 16:41

markets Citi Strategy performer concert reports International Taylor Swift to perform in China after concluding her Eras Tour that earned over $1 billion amid Trump tariff threat? What we know

Taylor Swift, the billionaire pop star and also Travis’ girlfriend whom he has been dating for over a year, is busy making records. Now as per the Chinese media outlet The Paper, Shanghai authorities have initiated a discussion with Taylor Swift’s team over the possibility of a concert in China this year.

15.01 / 14:39

Provident Target Action Entertainment Trade stars International An Yujin deepfake controversy: IVE’s agency apologises for sharing offensive AI content of K-pop star

15.01 / 12:13

markets Airlines Strategy economy travelers Features International From wifi to luxury travel kits: How Air India's in-flight passenger woes may soon die down

in-flight experience, including broken seats, the airline is rolling out a series of upgrades aimed at enhancing this.

15.01 / 12:13

markets Digital Manufacturing Strategy Mobile PAM International International Battery Company to commence production at its 'Giga Factory Unit' in Bengaluru in 9 months

Lithium-ion batteries manufacturer the International Battery Company (IBC) is set to commence production at its 'Giga Factory Unit' in Bengaluru within nine months, Karnataka's Minister for Large and Medium Industries, M B Patil said on Wednesday. The project, with an investment of Rs 390 crore, is expected to generate 300 direct employment opportunities, he said.

15.01 / 12:13

markets Citi economy performer concert stars International Shanghai in talks with 'walking GDP' Taylor Swift as Chinese cities compete to draw global stars amidst struggling economy

15.01 / 09:29

markets Analysis Food trends Trade Experts International Macquarie bullish on QSR sector; initiates coverage on 2 stocks

Macquarie has initiated coverage on two key players in the quick service restaurant (QSR) sector, Devyani International and Sapphire Foods, with «Outperform» ratings expressing a positive outlook on the sector in India. The brokerage firm has set a target price of Rs 230 for Devyani International, a Yum! Brands franchisee in India, and Rs 390 for Sapphire Foods.

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