Pandemic Financial News
01.12 / 06:25
pandemic
show
reports
Chart Beat: Share of luxury homes is rising
Since the pandemic, India has seen a K-shaped recovery in many sectors. One of these is the residential real estate sector, where sales of premium or luxury housing have been on the rise.
01.12 / 04:41
Manufacturing
economy
pandemic
performer
reports
SBI Research raises India's FY24 GDP forecast to 7% from 6.7%
State Bank of India (SBI)'s Research 'Ecowrap' has raised India's FY24 gross domestic product (GDP) forecast to 7 percent from 6.7 percent earlier. This comes amid higher-than-expected Q2 GDP numbers. "The strong growth numbers for Q2 released today are a harbinger of interesting times ahead and can reinvigorate the interests of global corporations, policymakers, investment gurus, and fund managers across jurisdictions afresh along themes like investments, infrastructure, consumption, and markets by going Overweight," the research said.
01.12 / 02:24
Man
Citizens
economy
pandemic
country
hospital
travelers
More visa-free travel for Indians is good for Goa, too
India head of a destination-management multinational, his job used to be mostly about introducing global clients to exotic vacation spots in his own country. Nowadays, he spends nearly all of his time on taking rich compatriots abroad — for leisure, conferences, and, of course, big, fat, Indian weddings. No surprise, then, that Malaysia’s recent scrapping of visa requirements for Indians and Chinese citizens visiting for 30 days or less has made Yadav a happy man.
01.12 / 01:29
Provident
FIVE
Gap
Assurant
pandemic
hospital
2020
New India plans annual hikes for health insurance premiums
New India Assurance, having surged 50% in the past five trading sessions, has opted for an annual revision of health insurance premiums, moving away from the previous practice of increasing tariffs every three years. Shares of New India Assurance gained 10% in Thursday's session to Rs 255.85 on the Bombay Stock Exchange, when the index rose 0.13%.
01.12 / 00:42
Manufacturing
economy
BURST
pandemic
show
China factory activity contracts in November for 2nd straight month despite stimulus measures
An official survey of Chinese manufacturers shows that factory activity contracted for a second straight month in November
01.12 / 00:42
Booking
economy
pandemic
show
track
reports
Department
Federal Reserve's preferred inflation gauge shows price pressures continuing to cool
The Federal Reserve’s preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of high interest rates and moderating economic growth
01.12 / 00:42
Target
Aware
Strategy
Mobile
Coronavirus
pandemic
President
Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year
01.12 / 00:23
Aware
economy
pandemic
show
country
reports
travelers
China consumption shows 'no sign' of a strong V-shaped recovery, McKinsey says
BEIJING — China's consumer isn't going to be spending big anytime soon, which means companies need to be more strategic to tap what's still a massive market, according to McKinsey.
30.11 / 23:05
Google
Platform
Strategy
pandemic
social
reports
strategies
How AI is Transforming Inventory Strategies for Major Retailers
Quiver Quantitative — In the dynamic retail landscape, major players like Walmart (NYSE:WMT), Walgreens (WBA), and ASOS (LON:ASOS) are increasingly leveraging artificial intelligence (AI) to refine their inventory management strategies. This shift comes as a response to the challenges faced during the pandemic, where traditional forecasting models based on historical sales data proved inadequate amidst erratic consumer buying patterns. Retailers are now integrating more complex data sets, including social media trends and weather patterns, into their AI-driven forecasting tools to better anticipate and meet consumer demand.
30.11 / 22:37
film
pandemic
Actor
2020
Alien TV Series: Here’s what we know about release date, cast, plot, filming, where to watch and more
Ridley Scott's groundbreaking film in 1979. The TV series, initiated in 2020, boasts Scott as executive producer and Noah Hawley as writer/director.
30.11 / 21:21
Metro
Workday
pandemic
Experts
show
2020
Return to office is 'dead,' Stanford economist says. Here’s why
The share of workers being called back to the office has flatlined, suggesting the pandemic-era phenomenon of widespread remote work has become a permanent fixture of the U.S. labor market, economists said.
30.11 / 20:53
Manufacturing
economy
pandemic
show
stage
country
GDP blitz at 7.6% lays ground for FY24 show
NEW DELHI : The Indian economy shot past expectations to clock an impressive 7.6% growth in the September quarter, retaining its crown as the world’s fastest-growing major economy. That’s a major step-up from 6.3% in the corresponding period of the previous fiscal year. While manufacturing, mining and construction put up a robust show, agriculture cooled thanks to an erratic monsoon, National Statistical Office (NSO) data showed.
30.11 / 19:11
Fox
CEO
pandemic
Experts
reports
prevention
fall
Low
Pending home sales fall to record low as high mortgage rates take a toll
NAHB CEO Jim Tobin discusses the state of the housing market, American homeownership and using family money for home down payment.
30.11 / 18:59
Blockchain
SEC
pandemic
Bitcoin
Celsius Network faces roadblocks in pivot to bitcoin mining
By Dietrich Knauth
30.11 / 18:01
Booking
CEO
Airlines
pandemic
country
reports
travelers
Visa-free travel best way to draw tourists: Booking Holdings CEO
World Cup. China has been an area where, unfortunately the pandemic came to visit very early, locked the country down and went away only after a long time. Travel is still far below where it was pre-pandemic for the outbound business and the inbound business.
30.11 / 18:00
Aware
Strategy
Nielsen
Morningstar
pandemic
show
2020
Financial
A question of financial security: Are Indians ready for their retirement?
how to plan it. This is present bias, a behavioural tendency we all humans have and also known as the inclination to excessively fixate on the ‘here and now,’ and don’t think about what will happen in the long term. Two German researchers, Alejandro Moreno-Okuno and Natividad Aguilera Navarrete described ‘psychological distance’ as a central concept explaining present bias, which means how near or far things feel in our minds.
30.11 / 16:57
30.11 / 10:39
Citi
Provident
Target
Remark
pandemic
WorkEZ surpasses 1 million sq ft of flex office space
Bengaluru and Coimbatore. WorkEZ’s managed office space portfolio now spans 1.1 million square feet with over 22,000 workstations across 12 centres. “Founded in H2 2019, just before the onset of the COVID pandemic, WorkEZ has grown its portfolio at an annual rate (“CAGR”) of over 50% to exceed one mn sq.
30.11 / 07:51
economy
pandemic
country
voice
Department
shock
Many small islands have no room for manoeuvre at COP28
climate summit convened by the UN, COP28 , which opens in Dubai on November 30th, one group is sure to have an outsize voice. These are the small island developing states (SIDS). Their club numbers just 39 full members and 18 associates.
30.11 / 07:21
Citi
pandemic
Experts
performer
stage
reports
recommendations
A multi-year upcycle awaits ONGC & Oil India, says Motilal Oswal. Here’s why
ONGC) and Oil India are expected to ride on a multi-year upcycle with oil prices remaining elevated at levels between $80 and $100 per BBL for much of CY24, Motilal Oswal said in a note as it picked these stocks as its preferred buys in the energy space. A resilient demand growth amid sufficient new supply will keep the crude oil prices firm, the Motilal Oswal report said while conceding supply delays are not ruled out.
30.11 / 06:48
FIVE
CEO
Platform
Strategy
pandemic
innovations
reports
Stock trading platform Robinhood to launch in UK after two failed attempts
Online investments app Robinhood said Thursday that it's set to launch its platform in the U.K. in early 2024, marking the company's third attempt at cracking international expansion.
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