Pandemic Financial News

22.11 / 09:57

Citi Digital CEO Enterprise pandemic exclusive Co-working spaces can help SMBs grow and prosper: Aditya Verma, The Office Pass

SMBs find it difficult to hire and retain talent. They lose business and are unable to grow. Co-working spaces can help these SMBs find high-quality yet affordable offices — so they can grow and prosper, says Aditya Verma, Founder & CEO of The Office Pass (TOP).

22.11 / 08:57

Provident pandemic cover Ottawa aims to make counselling, psychotherapy sales tax exempt

The federal government is planning on making counselling and psychotherapy exempt from the GST and HST in their Fall Economic Statement (FES).

22.11 / 08:23

Digital Booking Platform pandemic song 2020 Young Rich Listers buy back Sweat for a song

Kayla Itsines and Tobi Pearce have sensationally bought back Sweat, the fitness app they founded in 2015 and sold at the height of the pandemic in a $US150 million deal.

22.11 / 07:05

Citi pandemic show performer rock reports fall Atlantic City casino profits fall 7.5% in 3rd quarter of 2023

New Jersey gambling regulators say Atlantic City’s casinos and two internet-only entities earned $281 million in the third quarter of this year

22.11 / 07:05

Waves FIVE pandemic Costs Home sales slumped to slowest pace in more than 13 years in October as prices, borrowing costs, soar

Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years, as surging mortgage rates and rising prices kept many prospective homebuyers on the sidelines

22.11 / 07:05

CEO economy Nordstrom pandemic electronic reports Department Best Buy posts better-than-expected 3Q profits but sales sluggish amid spending malaise

Best Buy Co. posted stronger-than-expected profits, but reported a deeper-than-expected drop in revenue for the fiscal third quarter as shoppers continue to pull back on buying gadgets in an uncertain economy

22.11 / 07:05

Citi Gap Strategy awards pandemic Experts social Jeff Bezos's fund has now given almost $640 million to help homeless families

Amazon founder Jeff Bezos’ fund to support homeless families announced $117 million in new grants on Tuesday to organizations across the U.S. and Puerto Rico

22.11 / 03:37

Digital economy pandemic President country consequences innovations Russia's Bold Geopolitical Pivot: Embracing the Global South, forging new alliances, and navigating economic resilience

Russia’s pivot to the Global South, Western, South and Central Asia is strategic and long-term. While Moscow’s partnership with New Delhi has deep mental and cultural roots, Russia-China ties does not have dimension of a military alliance, Prof. Alexander Dynkin, President of IMEMO (Russia’s top think tank) & leading economist tells ET’s Dipanjan Roy Chaudhury ahead of Primakov Readings (Russia’s premier foreign policy forum) in Moscow on October 27-28.

21.11 / 19:51

Provident FIVE pandemic CIBC show country reports Posthaste: In Canada's housing market, it matters who your parents are

Getting on the property ladder is so tough these days more young Canadians despair of ever getting to the first rung.

21.11 / 19:51

Target Progressive Extreme Action pandemic 2020 reports Joe Oliver: The Trudeau climate plan runs into reality

Reversing climate change has defined the Trudeau government, generating the incessant virtue signalling and innumerable intrusive initiatives for which, after eight years, it is infamous. But now the entire climate project is staggering from a trifecta of reality checks — missed emission targets, public blowback against the carbon tax and, at long last, growing realization that nothing Canada does will change global temperatures.

21.11 / 19:51

Target economy Nov pandemic show reports travelers Cooling inflation raises odds of Bank of Canada interest rate hold

Inflation in Canada slowed to 3.1 per cent year over year in October from 3.8 per cent the month before, leading some economists to predict an interest rate cut by the Bank of Canada as early as next spring.

21.11 / 18:19

CEO economy pandemic Experts reports Existing home sales plummet to lowest level in 13 years as prices rise

NAHB CEO Jim Tobin discusses the state of the housing market, American homeownership, and using family money for home down payment.

21.11 / 18:19

Man Parke Moodys pandemic reports Department More Americans are working a second job as high inflation squeezes

UBS managing director and senior portfolio manager Jason Katz discusses whether it's too early for the Fed to cut interest rates on 'Varney & Co.'

21.11 / 17:31

economy Remark pandemic performer country social rock A sobering fact: In per capita income terms, India doesn’t lead even in South Asia

Right now, the 'world is on fire,' says economist Larry Summers. India's neighbours — Pakistan, Sri Lanka and Bangladesh have all gone to IMF for help. But India is rock solid, with plaudits pouring in.

21.11 / 16:12

Target economy pandemic show reports shock 500 2024 end Bank of America sees S&P 500 hitting record 5,000 by the end of 2024

Bank of America Corp. strategists who join a growing chorus of optimistic Wall Street forecasters. The team led by Savita Subramanian is bullish on US equities for next year “not because we expect the Federal Reserve to cut, but because of what the Fed has accomplished." “The market has absorbed significant geopolitical shocks already," they wrote in a note on Tuesday, adding “US exceptionalism is intact." They see the S&P 500 closing at a record 5,000 by the end of 2024, which is 10% higher than Monday’s close.

21.11 / 16:12

Apple economy Harley-Davidson Nordstrom pandemic performer exclusive Is the US headed for a recession? Look at what richer Americans do on Black Friday

Black Friday, a worrisome sign for an economy that has so far depended on the US consumer to stave off a recession. In the three months ahead of the all-important holiday shopping season, a group of retailers that cater to the upper middle class — including Apple, Coach and Nordstrom — saw its biggest sales drop in two years, according to an exclusive analysis of Bloomberg Second Measure data. The malaise also hit top-performing malls in wealthier areas, even as overall retail-sales figures march higher.

21.11 / 14:03

Waves Citizens vaccine pandemic recommendations gatherings Ramdev under fire again? Supreme Court warns Patanjali to ‘stop misleading advertisements claiming false cure or else…’

₹1 Crore Cost On Every Product Claiming False Cure". The Supreme Court was listening to petitions filed by the Indian Medical Association (IMA), when Justices Ahsanuddin Amanullah and Prashant Kumar Mishra issued a stern warning to the company co-founded by Baba Ramdev. “All such false and misleading advertisements of Patanjali Ayurveda have to stop immediately.

21.11 / 13:23

Career Gap Deloitte pandemic Aon reports Gender Pay Gap 2023: Are women getting equal opportunities in Tech?

Ernst and Young. Pahilajani is the only woman among her team members, with a ratio of 9:1 (Men to Woman). Women are taking the stride every day in their careers.

21.11 / 13:17

FIVE Digital Booking Extreme economy Healthcare pandemic India to be $8 trillion economy by 2030-31; market cap can match GDP: Raamdeo Agrawal

Raamdeo Agrawal. India is in a different growth cycle, where aggregate earnings continue to grow faster than expected. The September quarter saw India Inc’s earnings grow by 32% versus expectations of about 25-26%, he said. Agrawal therefore remains bullish and sees potential for the market capitalisation to match India’s GDP by 2030. In a recent industry summit, Agrawal predicted the benchmark Nifty50 index to double over the next five years and even swell by 4 times in 10 years. Despite a rollercoaster journey, Nifty50 has given about 6% returns to investors so far in 2023. If earnings grow in double digits annually on a sustainable basis, the market is also ought to grow at a similar pace, according to Agrawal.

21.11 / 12:19

Digital Manufacturing Medtronic pandemic Medtronic lifts annual outlook following "broad-based" demand for medical devices

Investing.com — Medtronic (NYSE:MDT) has raised its annual revenue and earnings outlook following «broad-based, diversified» growth across several of the medical device manufacturer's businesses in its fiscal second quarter.

21.11 / 11:25

Citi SEC Entertainment pandemic love track reports 4.7 mn sq ft of Grade A retail space set to enter Gurgaon in 5 years: Report

Over the next 5 years, 4.7 million sq ft of space is set to enter Gurgaon’s retail market, as per the latest research report by 360 Realtors. Around 53.2% of the new space will be concentrated on the Golf Course Extension Road, especially in Sec 65 and 66. Besides, there is a growing spotlight on the Dwarka Expressway and New Gurgaon region as well, as per the report. The new retail space will comprise traditional mall-style development alongside new-age mixed real estate, SCOs, etc.

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