Reports Financial News
17.01 / 02:12
CEO
BBC
Fitch
information
reports
Interviews
Investigations
BBC claims former CEO of Abercrombie & Fitch Mike Jeffries involved in sex trafficking, FBI begins probe
Abercrombie & Fitch (A&F) sexually exploited men at events he hosted across the globe. A civil lawsuit against Mike Jeffries and his British partner also claimed that they operated a sex-trafficking business, according to a report published by BBC. Currently, the federal investigating agency is interviewing and issuing subpoenas to potential witnesses.
17.01 / 02:11
Target
economy
Research
President
country
audience
reports
China GDP grew around 5.2% in 2023 without relying on 'massive stimulus', Premier Li says at Davos
Li Qiang said in Davos, Switzerland. “Last year in 2023, the Chinese economy rebounded and moved upward with an estimated growth of around 5.2%, higher than the ‘around 5%’ target set at the beginning of last year," Li said on Tuesday in his first appearance as China’s No. 2 official at the annual World Economic Forum.
17.01 / 02:11
markets
COST
Remark
Election
reports
Fuel price cut: OMCs mulling slashing diesel, petrol prices
₹10 per litre next month. This development came as their profits are expected to hit a record ₹75,000 crore in the third quarter, despite falling crude oil costs, according to a report by Hindustan Times.
17.01 / 02:11
UPS
Target
Trade
reports
International
US military destroys four anti-ship missiles in Yemen amid Huthi attacks
Iran-backed Huthi rebels continue despite multiple strikes against them, AFP reported. In an official statement, the US Central Command (CENTCOM) said, “US forces struck and destroyed four Huthi anti-ship ballistic missiles.
17.01 / 02:11
markets
UPS
Reuters
Research
Nikkei
Trade
reports
Indian stock market: 7 key things that changed for market overnight - Gift Nifty to spike in US dollar, Treasury yields
Sensex declined 199.17 points, or 0.27%, to close at 73,128.77, while the Nifty 50 settled 65.15 points, or 0.29%, lower at 22,032.30. “Following global cues, domestic equities took a breath after rallying in the last few sessions. Overall we expect the market to consolidate in higher zones," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
17.01 / 02:11
Parke
Election
performer
country
reports
Videos
Amid Ram Mandir inauguration, Naveen Patnaik's Jagannath Heritage push in Odisha
video shared by the state's Chief Minister's Office, Naveen Patnaik appealed to the people to light diyas, blow conch shells, offer prayers and perform kirtan on the day of the inauguration. Jagannath Temple is one of the four dhammas that every Hindu is advised to visit. Mahaprabhu Shri Jagannath, along with sister Devi Subhadra and elder brother Mahaprabhu Shri Balabhadra, are worshipped in Puri (the Purusottama Kshetra).
17.01 / 02:11
markets
UPS
CEO
security
performer
reports
Stocks to Watch: HDFC Bank, Piramal Pharma, ICICI Securities, IREDA
HDFC Bank: India’s largest private sector lender registered a 2.5% sequential growth in net profit at ₹16,372.54 crore for the December quarter, partly affected by higher bad loan provisions. Net interest income grew by 4% sequentially to ₹28,471 crore during the quarter. Piramal Pharma: Piramal Critical Care, a division of Piramal Pharma, announced the launch of a new concentration of zinc sulfate injection in the US market.
17.01 / 02:10
markets
UPS
Assurant
information
reports
Karnataka truck drivers to go on indefinite strike from today
truck drivers in the state, and we will be going on a strike. All heavy vehicles will go off-road from January 17," Reddy said as quoted by several media reports. Under the Bharatiya Nyaya Sanhita, which is set to replace the Indian Penal Code, drivers who cause serious road accidents due to negligent driving and run away without informing authorities face up to 10 years in prison or a fine of ₹7 lakh.
17.01 / 02:09
Provident
Reuters
Election
wellness
President
performer
reports
US Presidential Election
US presidential election: Canadian PM Trudeau warns of tough times if Donald Trump wins, says, ‘it will be a step back'
Reuters. While addressing a discussion hosted by the Montreal Chamber of Commerce, Justin Trudeau said in French, "It wasn't easy the first time and if there is a second time, it won't be easy either," reported Reuters. Justin Trudeau also mentioned that if Donald Trump rose to power following the upcoming elections it would not be easy for Americans, He said, “But we can't imagine a day when it will ever be easy with the Americans.
17.01 / 02:07
UPS
Citi
CEO
Citigroup
information
reports
NOT
Citigroup's 20,000 job cuts are not what you think
If you've been keeping abreast of recent events at Citigroup, you will know that the bank is cutting 20,000 jobs. You will also know that it's already informed London employees that cuts are coming, starting next week. But do not be deceived into thinking that you know everything.
17.01 / 02:07
17.01 / 02:07
markets
UPS
WhatsApp
Trade
performer
reports
As Deutsche Bank warns on bonuses, traders are leaving
If you thought this year's Deutsche Bank bonuses might be strong, then think again. Speaking today at Davos, Deutsche Bank CFO James Von Moltke intimated that bonuses might not be brilliant for 2023 after a «difficult year.» Deutsche Bank's bonuses will «reflect performance,» added Von Moltke.
16.01 / 23:29
UPS
Target
CEO
Caseys
Trade
reports
Morgan Stanley’s new CEO Pick has wealth management in his veins
In his first earnings call with analysts, new Morgan Stanley CEO Ted Pick declared his financial advisor bona fides, saying that his family’s roots in the wealth management business balanced his background in investment banking and trading.
16.01 / 23:29
16.01 / 23:29
SEC
JPMorgan
Action
security
information
reports
prevention
JPMorgan to pay $18M for blocking client contact with SEC
The SEC ordered JPMorgan to pay an $18 million fine to settle charges that it tried to prevent clients from alerting the agency if they suspected the firm had violated securities laws, the agency announced Tuesday.
16.01 / 22:59
16.01 / 20:33
Provident
Research
President
Justice
reports
Department
Courts
licence
Centre for policy research's FCRA licence cancelled
FCRA licence of Centre for Policy Research, a leading non-governmental organisation, for alleged violation of rules, ET has learnt. CPR's Foreign Contribution Registration Act licence was suspended eleven months ago. The cancellation order was issued last Wednesday after long deliberations, an official told ET. When contacted, a senior functionary at CPR said it had received the cancellation order.
16.01 / 20:33
Hollywood
Booking
Apple
show
audience
reports
Apple greenlights Slow Horses Season 5: What we know about the Gary Oldman starrer series
Gary Oldman enthusiasts, Apple has officially given the green light for a fifth season of the BAFTA-nominated drama series "Slow Horses." The renewal, reported by The Hollywood Reporter, solidifies the show's position as a remarkable and enduring project in the episodic television landscape. Let's dive into all we know about the latest installment, the talented cast, and what lies ahead.
16.01 / 19:43
Merit
Experts
show
reports
prevention
Courts
Jindal Power bids higher than Adani company for Lanco Amarkantak Power
Jindal Power (JPL) Tuesday gave a ₹4,203-crore, all-cash offer for acquiring Lanco Amarkantak Power, topping Adani Power's ₹4,100 crore offer, said people with knowledge of the matter. Last week, JPL sought the bankruptcy court's approval to participate in the sale process of Lanco Amarkantak. On Friday, the Amaravati bench of National Company Law Tribunal (NCLT) directed JPL to submit a plan by Tuesday (January 16) to lenders along with a ₹100-crore bank guarantee.
16.01 / 19:37
social
reports
Financial
Jio Financial tweaks plans after RBI move on unsecured lending
Bajaj Finance by launching Jio Financial Services, with the venture resulting from the demerger of Reliance’s financial services business. It has already launched personal loans for the salaried and self-employed in Mumbai, besides consumer durable loans across 300 stores in India. The services are also available on the MyJio app.
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