Pandemic Financial News

09.10 / 07:59

markets Provident economy wellness pandemic information reports Evidence has grown of an economic recovery led by profits over wages

Subscribe to enjoy similar stories. Has the splendid economic recovery after the pandemic been dominated by profits rather than wages? The answer to this question has profound consequences for the future direction of the Indian economy. Two recent data releases from the government provide useful information on this issue.

09.10 / 06:11

UPS Booking pandemic trends country travelers China's Golden Week holiday signals persistent consumer caution

BEIJING — China's Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.

09.10 / 06:05

markets Digital economy pandemic Experts show country India's coal-fired monthly power output slips consecutively for the first time since pandemic

coal-fired power output fell for a second straight month in September on an annual basis due to slower growth in electricity use and a surge in solar generation, a Reuters review of data from the federal grid regulator showed. The decline reflects a shift in fuel use patterns in the world's fastest growing major economy and third-largest greenhouse gas emitter. It follows 47 straight months of year-over-year growth in coal use for power generation. Electricity use in India has been rising since the pandemic due to a surging economy as well as heatwaves. However, higher rainfall during this year's monsoon reduced air-conditioning demand and weighed on power consumption, analysts say.

08.10 / 14:07

UPS PINK pandemic trends Instagram students Schools Get comfortable with it: Pajama pants are for everywhere

Subscribe to enjoy similar stories. Matilda Djerf, a Swedish influencer with 3 million followers on Instagram, is known for her polished, feminine style and perfectly bouncy blonde blowout. Her expansive closet, packed with oversized suits, trench coats and dresses has inspired a legion of fans known as “Matilda minions." However, Djerf is just as likely to go to work or meet a friend in a pair of simple drawstring pants.

07.10 / 17:29

markets UPS Citi Merit pandemic CIBC reports Posthaste: Toronto lags the world in returning to the office — and real estate feels the pain

Workers around the world have been trickling back to the office since the pandemic, but in Canada that trickle appears to be slower than most.

07.10 / 09:28

COST Provident Sustainability pandemic exclusive reports Agritech startup DeHaat to likely raise $100 million at flat valuation

Subscribe to enjoy similar stories. Agritech startup DeHaat has begun preliminary talks to raise $100 million through debt and equity for an acquisition and other business expansion plans, two people with knowledge of the development said. The funds will help the Temasek-backed company to acquire a seeds company for $50-65 million, the people said.

04.10 / 13:01

UPS MET film pandemic love classical How 2024 became the year of re-released films

Subscribe to enjoy similar stories. On a muggy August afternoon, the entrance to the iconic Regal theatre in Mumbai is clogged. A hand-painted poster of Ramesh Sippy’s Sholay (1975) is mounted on the scaffolding, and a crowd has gathered to watch the film.

04.10 / 00:49

COST Sustainability pandemic students cover Schools This Binny Bansal-backed firm is upskilling to keep sailing in edtech downturn

Subscribe to enjoy similar stories. Binny Bansal-backed PlanetSpark is expanding its focus beyond school students to include white-collar workers, as upskilling for officegoers remains a bright spot in the otherwise struggling edtech sector.

03.10 / 21:33

UPS Aware pandemic social reports Toilet paper makers say US port strike isn't causing shortages

Toilet paper makers say there's no need to worry about shortages in the U.S. due to the ongoing port strike

03.10 / 17:51

COST CEO Airlines pandemic 2020 travelers Dutch airline KLM plans 'painful' cost-cutting to combat high costs and staff shortages

Dutch airline KLM has announced a “painful” round of cost-cutting and other measures

03.10 / 17:01

markets pandemic track social Schools Equality Railway unions launch campaign seeking productivity-linked bonus based on 7th Pay Commission

railway unions launched a social media campaign on Thursday demanding productivity-linked bonuses based on the Seventh Pay Commission instead of the sixth. IREF had written to Railway Minister Ashwini Vaishnaw a fortnight ago in support of its demand, but its office-bearers said they didn't receive any response from the government. Hence to press for their demand, the railway unions launched a social media campaign on X from Thursday. During the countrywide lockdown forced by the COVID-19 pandemic, people were afraid to step out of their homes but the railway employees successfully operated trains and registered a sharp increase in earnings as is evident in the quarterly bulletin of Indian Railways, they said.

03.10 / 16:43

UPS CEO pandemic President Experts travelers International Port strike and cruise lines: Will operations be disrupted?

Carnival CEO Josh Weinstein discusses hurricane season in the Caribbean on 'The Claman Countdown.'

03.10 / 08:19

Art community pandemic Trade show reports How many drinks did you have last week? None, say most Canadians

How many alcoholic drinks do you have in a week? That question was posed to Canadians in a survey and most of them said they had no drinks at all, a new Statistics Canada report shows.

02.10 / 14:46

Strategy pandemic Dynamic Planner drops benchmark allocation to property

In its review for the third quarter of 2024, the committee argued property as an asset class has faced «difficulties since the Brexit vote in 2016», which has then compounded with the impact of the Covid-19 pandemic. The vast majority of property funds with daily liquidity were «severely affected» by large volumes of redemptions, which resulted in the gating of such strategies. This meant that Dynamic Planner retained property as an asset class because «many clients were unable to redeem their investments» following the funds being gated. LGIM's Crossley: Hybrid property model coul...

02.10 / 07:53

Manufacturing economy pandemic Trade country electronic Pharmaceuticals How India can fix the Chinese imports problem

Subscribe to enjoy similar stories. India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. While this stance against Chinese goods is notable, data indicates that overall imports from China are still on the rise, while exports to the country are faltering.

02.10 / 00:03

Bill pandemic students consequences reports Department Courts The grace period for student loan payments is over. Here's what you need to know

The 12-month grace period for student loan borrowers came to an end on Sept. 30

01.10 / 16:29

economy pandemic 2020 Business confidence in UK economy plunges to lowest level since December 2022

The Institute of Directors' economic confidence index, which measures business leaders' optimism about the prospects for the UK economy in the next 12 months, dropped to -38 in September, down from -12 a month prior. A similarly sharp decline came from business investment intentions, with a three-month consecutive drop from +24 in July to +10 in August and then -6 in September. The figure recorded last month was the lowest since September 2020 and the sharpest decline since the outset of the Covid-19 pandemic. UK economy expands by 0.6% in second quarter Meanwhile, business lead...

01.10 / 15:01

markets COST UPS Target Food pandemic reports Posthaste: Don't crack the champagne yet — 2% inflation ain't what it used to be

You could almost hear the collective sigh of relief when inflation hit the Bank of Canada‘s 2 per cent target — after all we’d been waiting three years.

01.10 / 10:45

markets Fox Analysis Metro Patrick pandemic Housing turnover rate hits lowest level in 30 years

FOX Business' Katrina Campins discusses the rise in demand for mortgage refinances, who would benefit, and the impact on the real estate and housing sector.

01.10 / 02:19

markets security Strategy pandemic Trade show travelers Will Vijay Kedia’s bet on VIP Industries prove to be expensive?

Subscribe to enjoy similar stories. Vijay Kedia's name is not unknown to investors in the Indian stock markets. His rise in the market is a tale of smart and strategic choices.

30.09 / 18:39

markets UPS Citi Sustainability pandemic reports Posthaste: Toronto ranks fifth in the world for risks of real estate bubble

Canada’s housing market released a lot of steam during the correction brought on by soaring inflation and interest rates, but one city remains at risk of running hot, according to a global index.

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