President Financial News
14.01 / 19:45
14.01 / 18:29
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Uddhav Thackeray's decision to go solo not out of line: Sharad Pawar
Sharad Pawar has said that Uddhav Balasaheb Thackeray's decision to contest the local body polls independently was not out of line and that the INDIA bloc was meant for only the Lok Sabha polls. In what has come as a jolt to the Congress, Pawar indicated that he would prefer supporting the Aam Aadmi Party (AAP) in the Delhi assembly polls instead of long-term ally, the Congress.
14.01 / 18:29
markets
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reports
Democrats mad at Kamala Harris; two months after her loss to Donald Trump, her campaign is still grabbing cash
US Vice President Kamala Harris lost to US President- elect Donald Trump, her joint fundraising committee with the Democratic National Committee (DNC) still continues to charge recurring donors while causing severe frustration among supporters, reported Daily Beast.
14.01 / 18:11
markets
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reports
After missing Jimmy Carter's state funeral, now Michelle Obama is not to attend Donald Trump's inauguration
Michelle Obama is currently staying distant from major political events, especially after the 2024 US Presidential elections, and Donald Trump's inauguration ceremony on January 20, is going to be the next on this list, as per reports.
14.01 / 17:33
CEO
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International
Brown Advisory changes leadership structure with co-CEO appointment
The move is set to address the growing needs of clients and shareholders and position the firm for the future. Under the new leadership structure, Fitzwilliams and Hankin will share all responsibilities at the helm of the firm, as well as serving on and reporting to the board. Brown Advisory appoints Tessa Pilkington to International Private Client team The pair have worked closely together for the past 15 years, with Hankin having been the sole CEO and president since the firm became private and independent in 1998. Fitzwilliams started with Brown Advisory in 2003 and most rece...
14.01 / 16:31
14.01 / 16:09
14.01 / 14:43
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reports
gatherings
World Economic Forum says Trump to take part virtually in Davos meeting, days after inauguration
The World Economic Forum’s president says U.S. President Donald Trump will take part virtually in the annual meeting in Davos just days after his inauguration
14.01 / 13:57
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PAM
Feud with her father? Ivanka Trump says she moved to a $24 million Miami mega-mansion to protect her kids from the ‘darkness’ of politics
Ivanka Trump says she left Washington, DC, and moved to a $24 million mega-mansion in Miami to shield her children from the «darkness» of politics.
14.01 / 12:51
BlackRock
President
International
Net Zero Asset Managers suspends activities as it launches 'fit for purpose' review
The Net Zero Asset Managers (NZAM) initiative has pressed pause on its activities while it carries out an internal review aimed at ensuring it «remains fit for purpose in the new global context». The move comes just days after asset management BlackRock controversially confirmed it would quit the investor group, fuelling fears other US financial firms would exit the alliance ahead of President Donald Trump taking office. BlackRock becomes latest firm to leave global net-zero alliance BlackRock's decision followed a series of announcements over the past month from the six largest US...
14.01 / 12:25
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Canada ready to buy more American products to appease Trump's tariff threat, ambassador says
Canada’s ambassador to Washington says Canada is prepared to buy more from the United States including its next fleet of submarines to appease President-elect Donald Trump's concerns about the U.S.-Canada trade deficit
14.01 / 10:57
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Donald Trump inauguration day a federal holiday in the US? Check full schedule
Donald Trump inauguration day: Donald Trump is set to take the oath of office later this month, kicking off his term as the 47th president of the United States. Trump and his Vice-President elect JD Vance will take office on Monday, January 20 after the inauguration ceremony on the steps of the US Capitol in Washington, D.C. The ceremony will begin at noon local time, and Trump will become president once he takes the oath of office.
14.01 / 08:37
Trade
President
Inside
Updates
Former CIO of Neil Woodford client Acacia Research charged with insider trading
Tobia joined Acacia's board in 2018 and took on the role of president and CIO in 2019, positions he held until September 2021. During this period, Acacia was the sole client of disgraced former fund manager Neil Woodford, who in February that year, was preparing to launch his new advisory firm, Woodford Capital Management Partners. Update: Link completes Woodford-Acacia deal as LF Equity Income value reduces after Ombu deal Acacia is a listed US investor in early-stage life science and biotech companies, the type of stock Woodford had held in his former LF Woodford Equity Income fu...
14.01 / 07:57
Waves
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Akamai
reports
Microsoft doubles down on AI, taps Indian-origin Jay Parikh to lead new division
Microsoft is doubling down on artificial intelligence. CEO Satya Nadella has announced the formation of CoreAI – Platform and Tools, a new engineering division to kick off Redmond’s “next innings” of AI platform shift with seasoned technology leader of Indian origin, Jay Parikh, in the lead.
14.01 / 04:35
markets
Digital
Williams
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PAM
Joe Biden names aircraft carriers after former US presidents Bill Clinton, George W Bush
aircraft carriers after former presidents Bill Clinton and George W Bush. Clinton, a Democrat, was the 42nd US president, holding office between 1993 and 2001. He was succeeded by Bush, a Republican, who held office from 2001 to 2009.
14.01 / 04:35
markets
Analysis
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Experts
Nifty IT outperforms Nifty50 in 2 years. What to expect in CY25?
Indian IT sector, represented by the Nifty IT index, has consistently delivered superior returns compared to the broader Nifty 50 index over longer timeframes, underscoring the IT sector's attractiveness to investors seeking long-term value. Data from StockEdge reveals a compelling performance differential: Nifty IT has returned 27.2% over the past year and a remarkable 55.6% over the last two years, significantly outpacing the Nifty 50's returns of 7.4% and 29.6% respectively for the same periods.
14.01 / 03:47
markets
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wellness
Trade
President
Iran is vulnerable to a Trumpian all-out economic assault
Subscribe to enjoy similar stories. On November 25th the Elva, a tanker flagged in São Tomé and Príncipe, clandestinely picked up 2m barrels of Iranian crude off Malaysia’s coast. Sailing from there to north-east China, the vessel’s likely destination, usually takes two weeks at most.
14.01 / 02:07
Progressive
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War
Israel, Hamas move closer on Gaza cease-fire deal
Subscribe to enjoy similar stories. Cease-fire talks between Palestinian militant group Hamas and the Israeli government have made progress in recent days, raising hopes a deal could be reached to release some of the hostages still held in the Gaza Strip and pause fighting that has dragged on for 15 months. “We are close to a deal and it can get done this week," U.S.
13.01 / 22:19
13.01 / 20:55
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guidelines
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As Donald Trump's inauguration day nears, his company unveils its new ethic guidelines; here are all details
Trump Organization's new ethics guideline is now out, and it clearly states that Trump will have no involvement with the management of his family’s business. The new ethics guideline was recently unveiled as Trump's inauguration ceremony is drawing near, and he will soon be in power at the White House.
13.01 / 20:55
markets
Man
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Not just wildfires, Los Angeles County faces this unexpected threat too. Read to know what it is
Los Angeles County is facing an increase in arrests as wildfires ravage the region. Among those arrested was a man disguised as a firefighter while committing a burglary.
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