Reports Financial News
22.05 / 15:13
Assurant
students
Universities
reports
International
Kyrgyzstan violence: Indian embassy assures normalcy in Bishkek, urges students to take precaution amid recent unrest
Indian embassy in Kyrgyzstan issued a press release on Wednesday and said that due to swift action by the Kyrgyz authorities, the situation in Bishkek has returned to normal. No untoward incident has been reported in Bishkek during the past few days. However, as a measure of precaution, the classes are being conducted in an online mode. “As the academic year is coming to a close, prior to travelling back to India, including for summer vacations, all Indian students must contact their respective universities about the formalities required for the completion of their exams.”
22.05 / 15:05
markets
UPS
CEO
Strategy
performer
reports
Close Brothers AM net inflows and performance gains boost total assets to £19.6bn
In a stock exchange notice published today (22 May), CBAM's managed assets rose to £18.5bn – up from £17.7bn the previous quarter – while its total assets hit £19.6bn, £1.1bn higher than the £18.5bn reported at the end of January. The surge in net inflows came on the back of «marginally» improved market conditions, according to Adrian Sainsbury, CEO of Close Brothers, who argued that despite the «period of uncertainty, we are committed to executing our strategy and protecting our valuable franchise». Wage inflation hits Close Brothers Asset Management as profits shrink 27% Followin...
22.05 / 14:57
22.05 / 14:41
UPS
Citi
BAY
community
hospital
reports
Tornado kills multiple people in Iowa as powerful storms again tear through Midwest
storms moved eastward to pummel parts of Illinois and Wisconsin, knocking out power to tens of thousands of customers in the two states. Greenfield's hospital was among the buildings that were damaged in the town, which meant that at least a dozen people who were hurt had to be taken to facilities elsewhere, according to Iowa State Patrol Sgt. Alex Dinkla.
22.05 / 14:41
markets
Enterprise
Bill
shooting
country
reports
Significant use cases will emerge in India for 5g services within next 12-24 months: Ericsson India MD
Ericsson expects significant use cases to emerge in India for 5G services that will drive densification of telecom networks in the country, a senior company official said on Wednesday. Ericsson India Managing Director Nitin Bansal, at a company's event to showcase 5G technology, said the company is actively engaging with academia, partners, and ecosystem players to develop relevant India-specific use cases. «Significant use cases will emerge in India within the next 12 to 24 months, facilitated by the network slicing capability of 5G technology,» Bansal said. India continues to be a strategic market for us and the second-largest market for Ericsson, he added.
22.05 / 14:41
UPS
WhatsApp
reports
International
cricket
India vs Pakistan t20 world cup 2024 in USA: Venue, tickets price, time, key details
match in the US has generated maximum buzz which can be gauged from the fact that match ticket prices have soared to astronomical figures. India will take on Pakistan in cricket Twenty20 format world cup at Nassau County International Cricket Stadium, New York. The group A game between these two cricketing arch-rivals is scheduled to start on Sunday, June 9 at 10.30 am (EDT).
22.05 / 14:41
Booking
CEO
Cycling
reports
Schools
Paytm halts postpaid loans, to focus on distribution-only model
Paytm has paused its distribution of postpaid loans completely since February, signalling a notable shift in its lending approach. The value of postpaid loans distributed plunged over 90% to Rs 720 crore in the March quarter of FY24, from Rs 7,496 crore in the previous quarter, as per the company’s quarterly earnings release.
22.05 / 14:37
22.05 / 14:37
22.05 / 14:37
22.05 / 14:37
Citi
Manufacturing
BURST
students
shooting
reports
Schools
Families of Uvalde school shooting victims plan announcement ahead of second anniversary
The families of 19 of the victims in the Uvalde elementary school shooting in Texas have scheduled a news conference ahead of the upcoming second anniversary of one of the deadliest school shootings in U.S. history
22.05 / 14:37
22.05 / 14:35
22.05 / 14:35
UPS
Target
Strategy
Sustainability
Deloitte
trends
reports
What are the biggest challenges for family offices in 2024?
Family offices are facing a cocktail of challenges, but also plenty of opportunity in the years ahead, according to a new report from Deloitte.
22.05 / 14:35
UPS
Action
Cybercrime
stage
reports
prevention
Cybercrime on the rise as account takeovers become leading method
Cybercriminals are becoming more prolific and evolving their methods of committing fraud, necessitating robust defensive action from consumers.
22.05 / 14:27
COST
UPS
Food
poverty
country
social
reports
Posthaste: Canada at 'critical turning point' as poverty worsens, warns report
Canada has reached “a critical turning point” as the high cost of living and housing in this country push more people below the poverty line, says a report out today from Food Banks Canada.
22.05 / 14:27
markets
COST
economy
CIBC
Cycling
reports
rowing
Rate Cut
inflation data
interest rate cut
Inflation data 'all clear' for Bank of Canada interest rate cut in June, economists say
With inflation cooling to a three-year low in April, some economists are now all but guaranteeing that the first interest rate cut of the Bank of Canada‘s tightening cycle will come in June.
22.05 / 14:27
UPS
FIVE
Strategy
trends
performer
reports
CPPIB earns 8% return, lowers real estate exposure after offices take hit
Canada Pension Plan Investment Board earned an eight per cent return in the fiscal year ended March, as double-digit gains in stocks, credit and private equity made up for weaker performance in emerging markets and real estate.
22.05 / 14:27
COST
FIVE
wellness
Justice
reports
Department
Investigations
‘All eyes on TD’ and U.S. probes as Canadian bank earnings begin
Toronto-Dominion Bank and its U.S. money-laundering woes are set to dominate the start of Canadian bank earnings season this week.
22.05 / 13:11
markets
COST
SUN
reports
Pharmaceuticals
Gland Pharma Q4 Results: Firm misses profit view on higher employee costs
Gland Pharma reported fourth-quarter profit below estimates on Wednesday, as soaring employee expenses outweighed strong demand in its core markets. It reported a consolidated net profit of 1.92 billion rupees ($23 million) for the quarter ended March 31, missing analysts' average estimate of 2.41 billion rupees as per LSEG data.
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