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Air Canada reported a second-quarter profit of $410 million, down from $838 million a year earlier, as its operating revenue edged higher.

While many residential real estate investors who buy-to-flip will add value to a property in need of renovation, for those that intend to buy now and sell in the next year without significantly improving the asset, returns are likely to disappoint.

In the fall, it will be two years since the compliance deadline for the SEC Marketing Rule for investment management firms, but how are firms ensuring that they stay within the rules?

(Bloomberg) -- Billionaire Gautam Adani’s flagship firm is considering raising around 100 billion rupees ($1.2 billion) to 120 billion rupees through a share sale, according to people familiar with the matter, a move that would follow a separate recent fundraising deal at his power transmission unit. Adani Enterprises Ltd. may seek to raise funds through a so-called qualified institutional placement, or QIP, the people said, asking not to be identified because the matter is private.

Americans who want to tap the rising equity of their homes without giving up their low mortgage rates are increasingly turning to home equity lines of credit.

Japanese technology giant SoftBank Group has reported a smaller loss for the April-June quarter compared to a year earlier

India has been significantly increasing its renewable energy capacity in recent years, but when demand for electricity surges, it still goes back to its most trusted source of power

The Uniswap Foundation, a non-profit organization dedicated to promoting Uniswap’s growth, has unveiled its financial summary for the second quarter, revealing a lot of cash and stablecoins and not so many UNI tokens.

India's per capita net national income (NNI) for 2022-23 stands at Rs 1.7 lakh. Despite this impressive growth, the perceived increase in wealth is not universally experienced due to persistent disparities in wealth distribution. Workforce Struggles “Despite growing towards lower levels of poverty, India is alarmingly moving towards a struggling working class at risk of falling into poverty. The latest joint report of ILO and IHD indicated that between 2012-2022, the average monthly real earnings of regular salaried workers declined by 1 percent each year, pointing towards poor-quality employment,” Chandra Shekhar, Partner, Posterity Consulting said. Consumption Patterns and Inflation As per a TOI report, the consumption pattern of India is similar to that of the US in the 1960s. The share of India’s domestic consumption to GDP was around 60% in 2022. As per the report, the Indian population spent nearly 30 percent of their income on food, followed by transportation, housing, and then on clothing, education, health, etc. In comparison, the US spends nearly 50 percent of their income on services, followed by healthcare, housing, and then food.

Stocks rose on Wall Street as calm returned to the market a day after its worst drop in nearly two years

German authorities say that part of a hotel in Germany collapsed, leaving two people dead and three others trapped in the wreckage

India have plunged to the lowest level in more than three years due to higher imports and subdued exports, according to data from commodities consultancy BigMint. Local prices of hot rolled coils used in the manufacturing sector averaged 52,267 rupees ($622.62) per tonne in July, it said. India, the world's second-biggest crude steel producer, turned a net importer in the fiscal year ended March 31, 2024. The trend continued with finished steel imports scaling a five-year high in April-May, according to provisional government data.

Sony says its profit rose 6.5% in the last quarter on robust demand for its video games, films and music

Airbnb says its profit fell 15% in the second quarter from a year earlier, as higher income taxes cut into the short-term rental giant’s bottom line even as bookings and revenue rose

China has reported its exports rose 7% in July from a year earlier, below economists' forecasts for growth closer to 10%

Public employees in Australia's most populous state have been told to end remote working in a directive from the premier of New South Wales as he seeks to reverse work-from-home habits established during the pandemic

Honda has reported an 8.7% increase in its fiscal first quarter profit as strong sales of hybrid vehicles in Japan and the U.S., and motorcycles in India and Brazil, boosted the Japanese automaker’s earnings

Tesla is recalling more than 1.6 million cars in China for a remote software upgrade to ensure that they warn the driver when the trunk is not locked shut

Mukesh Ambani, who had voluntarily decided to forego his salary from Reliance Industries (RIL) during the peak of the Covid crisis in 2020, continues to draw no salary from the conglomerate for the fourth year in a row. RIL's latest annual report shows that Ambani did not take any salary from the company in his capacity as the Chairman and Managing Director.