Reports Financial News
09.02 / 10:11
markets
Provident
Analysis
community
PayDay
reports
Updates
Lenders, police warn about capping the criminal interest rate. Here’s why
A Liberal plan to crackdown on predatory lending could instead lead to a rise in crime and put vulnerable Canadians further at risk, a new warning from police and lenders argues.
09.02 / 10:08
09.02 / 10:02
09.02 / 09:49
UPS
Citi
Digital
Platform
economy
reports
place
Metaverse to place new demands on payment services - BIS
A 2022 Citi report predicted that the Metaverse economy could be worth up to $13 trillion by 2030. While the buzz has since subsided, the BIS says that if the metaverse does succeed there will be important implications for the digital economy that will see new demands on payment services, "for instance that they be fast, programmable and cross-border". Metaverse promotors such as Meta have talked up the role of cryptocurrencies and stablecoins. However, the BIS paper argues for the importance of competition, interoperability, consumer protection and data privacy. With this in mind, CBDCs and interlinked domestic fast payment systems could prove better options.
09.02 / 09:45
CEO
Coindesk
Crypto Exchange
Bullish
reports
Department
CoinDesk’s CEO Kevin Worth Departs in Major Restructuring Led by New Owner Bullish
CoinDesk’s CEO Kevin Worth has stepped down as part of a major restructuring effort led by the crypto exchange Bullish, which recently acquired the media outlet.
08.02 / 18:33
FIVE
Election
poverty
show
country
reports
rights
How have Indians at large fared under this government?
A significantly large part of Finance Minister Nirmala Sitharaman’s interim budget speech last week was devoted to outlining the performance of the incumbent government. With general elections only months away, this was expected. And like a political speech, her delivery on 1 February highlighted an increase in the per capita income of Indians by more than 50% over the last decade, along with the government’s claim of about 250 million Indians having moved out of multidimensional poverty during the same period.
08.02 / 11:27
UPS
Fox
film
Warner Bros
show
reports
rights
Sporting
Disney’s moves give Bob Iger a sporting chance
Bob Iger has plenty to worry about these days. Nelson Peltz should no longer be one of them. Disney’s fiscal first-quarter results Wednesday afternoon were notable for two reasons that have nothing to do with the actual numbers.
07.02 / 21:29
markets
Target
economy
Sustainability
Remark
pandemic
reports
Jerome Powell reduced Fed flexibility by going off-script
For several months, I have pushed back against the market expectation that the US Federal Reserve’s cycle of interest-rate cuts would start as early as March. Last fortnight, I said that June was much more probable.
07.02 / 21:27
markets
COST
UPS
Digital
Charity
reports
Online retailers must minimize wares being returned
In recent times, shoppers have been displaying new behaviours. A phenomenon called ‘bracketing’ is on the rise. This term describes a tendency of a consumer to buy multiple versions of a product, such as different sizes of a shirt, with the intent of sending back the ones they don’t want to keep.
03.02 / 08:49
UPS
Man
Williams
Death
reports
peace
Friend
Ontario man charged with 1st-degree murder after missing friend turns up dead
Ontario Provincial Police have upgraded the charges against a 25-year-old man to first degree murder after his friend was reported missing and later found dead earlier last month.On Jan., 21, Gabriel Dicecco, from the Township of Adjala-Tosorontio, was arrested and charged under the Criminal Code for obstructing a peace officer and indignity to a dead body.On Thursday, police added a new charge of first degree murder.The charges are in connection to the death of William Schernhammer, 24, from Alliston, Ont.Police say Schernhammer’s body was found in the area west of Barrie off the 25th Sideroad on Jan. 21., just west of Barrie, Ont.Schernhammer was reported missing to OPP officers in Nottawasaga after he did not return home on Jan 12.He was last seen alive on Jan.
01.02 / 23:43
UPS
Southern
show
reports
Videos
Investigations
New videos show towers of fire that prompted evacuations after last year's fiery Ohio derailment
Residents of eastern Ohio can now get an up-close view in newly released videos of the toxic towers of fire that forced them from their homes last February when officials decided to blow open five tank cars filled with vinyl chloride they worried might...
01.02 / 03:15
30.01 / 12:45
Action
Citigroup
reports
recommendations
Equality
Morgan Stanley is betting US bank capital rules will ease
Morgan Stanley analysts are turning bullish on major US banks on expectations that pending regulatory changes for higher capital levels will be less onerous than the current proposal, opening the door for an increase in buybacks.
29.01 / 15:12
markets
DOW
security
Apple
wellness
reports
Weekly
Dow Jones, Nasdaq, S&P 500 weekly preview: FOMC, NFP, Apple, Microsoft and more
The S&P 500 (SPX) added 1.1% last week as bulls continue to close in on the new big target – 5000. The old record high of 4818 is now acting as support with the index in a bull mode as long as it keeps closing above this level on a daily basis.
29.01 / 14:31
UPS
Citi
Citizens
Pool
Election
country
reports
Municipal corporations and the tyranny of backdoor governance
₹1.10 trillion, was now controlled by the state. How are these two events connected? Finance Commissions and their work might seem remote from the concerns of most citizens, but in fact they are highly contentious. Most of the controversy centres around how taxes are shared with states, and how certain types of taxes, such as surcharges and cesses, are kept out of the shareable tax pool.
29.01 / 14:31
reports
ITC Q3 result: FMCG giant declares interim dividend of ₹6.25 per share; check record date
₹6.25 per ordinary share of ₹1, each for FY 23-24. The FMCG giant has fixed February 8 as the record date for the purpose of determining eligible shareholders for the dividend. The announced dividend will be paid to the eligible shareholders between February 26 and February 28.
29.01 / 14:31
Google
Platform
Enterprise
pandemic
reports
Relationships
International
Startup funding winter takes a toll on vendors
BENGALURU : Byju’s, Dunzo and a bunch of other startups are in a standoff with some vendors, mostly over charges of delayed payments likely arising from mounting financial constraints within the ecosystem. These companies on their part deny the charges, in several instances accusing the vendors of straying from the terms of their contracts, or citing contractual disagreements for non-payments. Vendors, lawyers and industry observers pointed to an increase in cases of defaults or delayed payments last year as several startups struggled to raise capital.
29.01 / 14:31
markets
FIVE
trends
performer
reports
ITC Q3 results: Net profit rises 6% YoY; here are five key highlights
₹5,335 crore for the quarter ending in December, beating market estimates. This marks a notable rise from the ₹5,006 crore reported in the corresponding period of the previous year. Sequentially, net profit grew 13 percent from ₹4,927 crore in the September quarter.
29.01 / 14:31
markets
Strategy
wellness
stage
reports
Vodafone Idea Q3 results: Net loss narrows to ₹6,985.9 crore, ARPU grows to ₹145
₹6,985.9 crore from ₹7,990 crore posted during the year-ago period. The average revenue per user (ARPU) of the company rose 7.4% year-on-year to ₹145 during the period under review from ₹135 in Q3FY23. The company said that this is the 10th successive quarter of 4G subscriber additions and ARPU improvement.
29.01 / 14:03
Mobile
country
reports
Airtel added most 4G/5G users in November, Jio added the most overall: Trai
Airtel added the maximum number of 4G/5G subscribers in November with 3.98 million users joining its network, followed by Reliance Jio with 3.45 million. Beleaguered Vodafone Idea added 0.96 million 4G subscribers, even as it continued to lose overall wireless subscribers, data shared by Telecom Regulatory Authority of India (Trai) said Monday. At the end of November 30, Reliance Jio commanded the leadership position in wireless broadband space with 455.82 million subscribers followed by Bharti Airtel with 255.07 million and Vodafone Idea at 126.63 million.
29.01 / 13:39
Airlines
Boeing
Tesla
wellness
Trade
reports
rights
Boeing, Microsoft, Tesla rise premarket; Philips falls
Investing.com — U.S. futures traded largely unchanged Monday at the start of a busy week that includes a Federal Reserve policy-setting meeting, the widely-watched monthly payrolls report, as well as earnings from a number of mega-cap tech stocks.
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