Reports Financial News
17.01 / 20:55
17.01 / 20:55
markets
COST
UPS
economy
show
reports
Retail sales up strongly in December as Americans showed continued willingness to spend
Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely
17.01 / 20:55
UPS
ICE
Highways
Southern
reports
Traffic
Heavy snowfall and freezing rain disrupt transport in Scandinavia and Germany
Heavy snow and freezing rain have hit parts of northern and central Europe, bringing transport to a halt in some Scandinavian regions and causing major disruption at airports in Frankfurt and Oslo
17.01 / 20:27
Sustainability
Puzzle
Research
wellness
show
reports
Commentary
Indian employment data generates both misconceptions and puzzles
The recent release of the Periodic Labour Force Survey (PLFS) for 2022-23 has generated a considerable measure of interest and commentary, some of which has appeared in this newspaper. Reading these reveals that improvements in data can only be useful if they are accompanied by a better understanding of statistics. To paraphrase an exchange from an old British sitcom, with statistics you can prove anything, even the truth.
17.01 / 20:27
Election
reports
Courts
Pakistan: Imran Khan’s electoral hopes dented further, Lahore HC upholds rejection of nomination papers
Imran Khan, the Lahore High Court on Wednesday upheld the rejection of his nomination papers for the February 8 general elections, Dawn News reported. The high court upheld the decisions of the returning officer (RO) and appellate tribunal given against acceptance of the disqualified former premier's nomination papers from NA-122 and NA-89 constituencies.
17.01 / 20:04
markets
MET
Booking
show
information
reports
Consumers grow wary of higher prices, but holiday spending met expectations: Fed
Investing.com — Economic activity was little changed since in recent weeks as consumer spending over the holiday period met expectations across most districts in the U.S. even as consumer grow more sensitive to higher prices at a time when the labor market continues to show signs of cooling, according to the Federal Reserve's Beige Book released Wednesday.
17.01 / 19:58
markets
UPS
Aware
Deloitte
reports
rights
audit
NFRA plans to engage with audit panels of big companies to curb frauds
National Financial Reporting Authority (NFRA) is planning to directly engage audit committees of large listed companies to sensitise them about accounting standards and their role, a first-of-its kind regulatory outreach to curb corporate frauds, people aware of the watchdog's thinking told ET. The audit regulator is firming up a mechanism to hold regular huddles with the audit committees, said one of the persons, who did not wish to be identified. These committees comprise mainly independent directors and oversee the statutory audit compliances of companies.
17.01 / 18:37
17.01 / 18:03
Nov
Bill
Photos
social
blues
reports
Investigations
Murder, sex assault probe sparks concerns there may be more victims: Ontario police
Ontario Provincial Police investigating a murder and a sexual assault they believe to be connected now say they are concerned there may be more victims.
17.01 / 17:45
markets
Provident
reports
Brookfield real estate fund tumbles 6.7% for first yearly loss
A Brookfield Asset Management Ltd. property fund for well-off investors posted its first annual loss since inception as it lowered its valuation on some properties due to higher interest rates.
17.01 / 17:45
17.01 / 17:45
UPS
Target
reports
travelers
Headlines
Inflation picks up speed ahead of Bank of Canada interest rate decision
Canada’s annualized rate of inflation jumped to 3.4 per cent in December, a reacceleration that was widely anticipated by economists but that will likely leave the Bank of Canada in no rush to cut interest rates.
17.01 / 17:35
Digital
CEO
Platform
WSJ
reports
Videos
Interviews
CNN boss plans to merge newsgathering ops, explores digital subscription model - WSJ
(Reuters) — CNN's new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, the Wall Street Journal reported on Wednesday.
17.01 / 17:25
17.01 / 17:25
CEO
Fighting
Experts
show
information
reports
prevention
NOT
Customers
Banks are using AI against rising fraud threat, but customers are not happy
The ever-increasing threat of fraud – and the sophistication of methods – requires a robust response from financial institutions.
17.01 / 16:57
COST
Digital
Booking
Strategy
reports
International
IIFL Finance Q3 results: Net profit rises 29% ₹545 crore
MUMBAI : Non-bank lender IIFL Finance Wednesday reported a 29% growth in net profit to ₹545 crore for the December quarter on higher loan sales and resultant interest income, cushioning the impact of higher regulatory charges. Overall loan growth jumped 34% to ₹77,444 crore, led by its key products like gold and home loans, which grew 35% and 25% to ₹24,692 crore and ₹25,519 crore, respectively. Microfinance grew higher at 54% to ₹12,090 crore, digital loans soared 96% to ₹3,905 crore, and loans against property jumped 27% to ₹7,862 crore, the company said in a statement.
17.01 / 16:39
17.01 / 16:39
Blockchain
Provident
Digital
IRS
Trade
information
reports
IRS Halts Enforcement of $10K Crypto Tax Reporting Rule Pending Further Regulation
The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not required to report the receipt of digital assets in the same manner as cash until specific regulations are issued.
17.01 / 16:39
markets
Platform
Trade
Bitcoin
information
reports
Features
Everix Edge Review – Scam or Legitimate Trading Platform
Everix Edge is a crypto trading platform that promises to allow investors to interact with the wild frontier of crypto trading via highly advanced investment tools. The platform claims to bring the Bitcoin market to a wide range of investors.
17.01 / 16:33
COST
UPS
CEO
reports
International
fall
Asian Paints Q3 net up 35% at ₹1,447 cr on fall in raw material prices
₹1,447.98 crore for the December quarter, up 35% from ₹1,072.67 crore a year ago on the back of softening raw material prices and growth in luxury products. Revenue during the quarter rose by 5.4% to ₹9,074.9 crore primarily due to double-digit growth in the industrial business along with the extended festive season. “Growth was supported by the extended festive season, though we saw some moderation in demand in the latter part of the quarter.
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