Pandemic Financial News
13.10 / 11:41
UPS
Citi
awards
film
pandemic
President
Centre
Mumbai
Weekend
Mumbai gears up for MAMI! Opening weekend screenings at Nita Mukesh Ambani Cultural Centre; 250 movies, 45 Asia premieres on schedule
MAMI, returns in physical form after a hiatus of four years. After an online-only avatar during the pandemic, MAMI 2023, sponsored by Jio, will be back for ten days in the Maximum City. Starting October 27, the film fest goes on till November 5. Across the opening weekend of October 27-29, films will be screened at the swank 2,000-plus-seater Grand Theatre at the Nita Mukesh Ambani Cultural Centre.
13.10 / 05:57
Citi
pandemic
performer
stage
country
Returns
Ayodhya's iconic Ramlila returns after pandemic pause, draws devotees and dignitaries
Shri Tulsidas Ramlila Committee. This iconic Ramlila, an annual fixture since 1964, had its last performance on October 17, 2021. The pandemic had compelled the cancellation of this beloved event as it kept people confined indoors and cities under lockdown.
13.10 / 00:11
UPS
Progressive
Entertainment
pandemic
2020
reports
collapses
Carlyle
Carlyle around the goal for Rugby Australia debt as PE scrum collapses
It appears Rugby Australia’s funding efforts have progressed well into the second half.
12.10 / 22:55
12.10 / 20:19
Provident
TikTok
pandemic
love
track
song
travelers
Mitski's 'My Love Mine All Mine' rises to TikTok Billboard Top 50
Mitski has claimed the top spot on the TikTok Billboard Top 50 with her track "My Love Mine All Mine", surging from the 5th position to number 1 on the chart dated October 14. The TikTok Billboard Top 50, established just four weeks ago, provides a weekly rundown of the most popular songs on TikTok in the United States, determined by factors like video creations, views, and user engagement. The latest chart reflects activity from October 2 to 8.
12.10 / 19:54
COST
UPS
economy
pandemic
show
reports
Department
US inflation eased slightly last month as price increases extend slow descent
Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace
12.10 / 19:53
COST
Lowe's
CEO
pandemic
surges
The average long-term US mortgage rate surges to 7.57%, holding at highest level since 2000
Home loan borrowing costs rose for the fifth straight week, keeping the average long-term U.S. mortgage rate at its highest level in more than two decades and taking another bite out of prospective homebuyers’ purchasing power
12.10 / 19:53
12.10 / 19:09
UPS
Target
pandemic
NOT
Populist expenditure may not hit govt's fiscal deficit targets: Goldman Sach
elections invariably dents government finances, but this time around it may not be the same, thanks to strong federal revenues and a liberal dividend payment by the Reserve Bank of India (RBI), Goldman Sachs said. There could be some expenditure cuts as well. It is likely that a cut in public capital expenditure (as a % of GDP) will mean the government will need support from the private sector to step up capital investments, among a reduction in other current expenditures.
12.10 / 18:11
COST
CEO
Strategy
pandemic
Celebrity
reports
Coles boss expects more cooking at home this Christmas
Coles Group chief executive Leah Weckert is expecting more consumers to cook and celebrate at home this Christmas season as cost-of-living pressures continue to bite, in contrast to a splurge last year coming out of the pandemic.
12.10 / 18:10
12.10 / 15:27
COST
UPS
Platform
economy
pandemic
Meta Platforms
reports
Analysts' outlook of another quarterly profit drop is bad for stocks. But they're routinely wrong
For the first time in a year, the big companies in the S&P 500 may be seeing their profits grow again
12.10 / 10:31
COST
UPS
IPO
Browser
pandemic
show
information
Birkenstock IPO price range announced – what investors need to know
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12.10 / 09:37
COST
UPS
CEO
Mobile
pandemic
President
play
Exxon’s Pioneer Shale Play
Is Exxon Mobil CEO Darren Woods seeking protection from President Biden? On Wednesday the oil and gas giant struck a $59.5 billion deal to buy Pioneer Natural Resources. The way to read the deal is as a bet on U.S. shale fracking and hedge against the left’s anti-fossil fuels policies.
12.10 / 08:57
UPS
pandemic
show
country
reports
Department
Income from capital gains zoomed 89% in pandemic year FY21
Income from capital gains reported by Indian taxpayers surged in the financial year 2020-21 (assessment year 2021-22), the year ravaged by the pandemic, while “salary income” of individuals grew at a much lower pace, as per the statistics released by the tax department recently.
12.10 / 07:20
12.10 / 06:37
Strategy
economy
pandemic
Uniqlo
reports
Uniqlo owner Fast Retailing annual profit rises 28% to fresh record
TOKYO (Reuters) -Japan's Fast Retailing Co, owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28% to reach its second consecutive record, aided by a post-pandemic recovery in China and the yen's slide.
12.10 / 06:19
Manufacturing
Landmark
Fighting
DNA
pandemic
Cipla promoters' fourth scenario: The Dabur way
₹1 trillion-plus Cipla family stake sale saga will unfold. In the first scenario, interested bidders – ranging from domestic pharmaceuticals major Torrent, which in turn is in talks with CVC Capital Partners and Brookfield’s to raise the required capital, to private equity funds like Blackstone, KKR and Advent – sweeten their current offer and acquire the company. In the second scenario, Cipla patriarch Yusuf K Hamied wins over family groups who are currently against cashing out and the sale goes through.
12.10 / 00:15
11.10 / 22:54
CEO
Healthcare
vaccine
pandemic
stage
patient
Walgreens pharmacy staffers stage walkouts over work conditions
Walgreens has named a new CEO as pharmacy staff walked off the job this week over concerns that working conditions are putting employees and patients at risk
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