Services Financial News
10.09 / 05:07
UPS
Waves
Manufacturing
show
performer
services
China services activity weakens, eurozone economy barely expands triggering stagflation concerns
China weakened last month, underscoring the precarious nature of the nation’s recovery. Separate data showed the euro-area economy barely expanded in the second quarter, which may feed policymakers’ worries about stagflation taking hold. Meantime, South Africa’s economy grew by more than expected in the period, driven by finance and manufacturing. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:
08.09 / 16:27
UPS
Twitter
Platform
Action
Bitcoin
social
services
Cash App and Square down? Payment services 'steadily' recovering after outages
Thousands Cash App and Square customers were unable to access their accounts or send money Thursday and early Friday due to system outages impacting both payment services
07.09 / 18:57
COST
UPS
Waters
show
performer
country
services
Data recap: Travel slump, services growth, fuel spike
Mint reported. Even though the overall score took a dip, Indian firms recorded one of the best sales performances last month despite inflation pressures, according to S&P Global. Listed on 21 August, Jio Financial Services has had its share of volatile performance at the bourses.
07.09 / 12:03
UPS
Provident
Disney
cover
ESPN
services
Customers
Disney, Spectrum direct customers to other TV services as dispute keeping ESPN off air continues
A business dispute that has pulled ESPN and other Disney-owned companies off the air for nearly 15 million cable TV subscribers continues, with both companies taking the unusual step of directing customers to look elsewhere for their favorite networks
07.09 / 10:27
UPS
Provident
FIVE
Strategy
Telstra
services
Telstra leans into IT services; prepares binding offer for Versent
There’s been no lack of appetite from Telstra for security-flavoured assets. The country’s largest telco was the underbidder in the Azure Capital-run sales process for Tesserent, the ASX-listed cybersecurity company snapped up by French defence giant Thales in June. And it has been sniffing around BGH Capital’s CyberCX, Tesserent’s larger rival.
07.09 / 10:25
Provident
Digital
Siemens
Maxim
performer
share price
services
week
HCL Technologies share price hits 52-week high on multiyear cloud services agreement with Siemens
HCL Technologies share price today touched 52-week high after following the signing of a multiyear Managed Public Cloud Services agreement with German technology and high-tech industry behemoth Siemens AG. HCL Technologies share price closed at ₹1,255 apiece on BSE, 1.56% higher.
07.09 / 03:13
UPS
Lowe's
Reuters
NIFTY
SENSEX
services
6 things that changed for market overnight: Gift Nifty, US Services PMI to global market cues for Sensex today
Indian stock market is expected to open lower on Thursday tracking weak global cues amid strength in US dollar and surging crude oil prices. Asian markets were mixed, while US stock market ended in the red as stronger economic data raised concerns that interest rates will remain elevated for longer. The domestic benchmark equity indices ended higher on Wednesday, their fourth consecutive session of gains.
06.09 / 21:09
UPS
Progressive
NASDAQ
DOW
Apple
services
fall
Stocks fall, dollar and yields up after US services data
By Caroline Valetkevitch
06.09 / 18:13
Blockchain
Provident
Ripple
XRP
CEO
country
services
International
Japan’s SBI Group and Ripple Join to Provide International Remittance Services in Three Countries
SBI Remit, a subsidiary of Japanese financial conglomerate SBI Group, has partnered with SBI Ripple Asia to introduce Ripple’s XRP-enabled international remittance solution to bank accounts in the Philippines, Vietnam and Indonesia.
06.09 / 14:25
UPS
Target
Fighting
services
U.S. services sector activity unexpectedly accelerates in August - ISM
Investing.com — The U.S. services sector unexpectedly accelerated in August, while prices for inputs jumped, in a sign of resilient demand that may contribute to stickier inflation in the world's largest economy.
06.09 / 14:19
COST
UPS
Reuters
Manufacturing
show
services
US services sector picked up in August, along with prices
(Reuters) — The U.S. services sector unexpectedly gained steam in August, with new orders firming and businesses paying higher prices for inputs — potential signs of still-elevated inflation pressures.
06.09 / 12:55
UPS
Citi
Provident
Tencent
country
services
Futures inch lower, U.S. services data looms - what's moving markets
Investing.com -- U.S. stock futures decline as investors gauge the outlook for Federal Reserve monetary policy and digest extended supply cuts by major oil producers Saudi Arabia and Russia. Elsewhere, new data later in the session on Wednesday will provide a look into the state of the key U.S. services sector, while China's Tencent prepares to unveil a new AI chatbot.
06.09 / 05:47
NIFTY
MSCI
band
track
exclusive
share price
services
Financial
Jio Financial Services share price falls over 3% ahead of exclusion from NSE indices; $324 mn passive selling expected
₹246.85 apiece on the BSE. Jio Financial Services Ltd (JFSL), the demerged non-banking financial services unit of Mukesh Ambani-led Reliance Industries, will be dropped from Nifty 50 and other NSE indices, on September 7, the stock exchange NSE said on Tuesday. JFSL shares will be dropped from 19 NSE indices, including Nifty 50, Nifty 100, Nifty 200, Nifty 500, Nifty Energy, Nifty Commodities and Nifty Oil & Gas.
05.09 / 23:05
Blockchain
BitGo
services
South Korea's Hana Bank taps BitGo for crypto custody services
One of South Korea's biggest banks, Hana will offer the services in the second half of next year, tapping crypto custody specialist BitGo's blockchain security technology.BitGo is also set to open a South Korean office after securing regulatory licenses, according to local press reports.Recently, the US firm closed a $100 million Series C funding round at a $1.75 billion valuation.
05.09 / 18:11
COST
Digital
Airlines
services
India's August services activity cools despite rise in new exports biz
The seasonally adjusted S&P Global India Services PMI Business Activity Index recorded an expansion in new business for the consecutive 25th month. A value of above 50 denotes expansion. «Demand strength also fostered a heightened sense of optimism regarding the outlook, boding well for economic growth prospects,» De Lima said. Strong services growth and capital spending pushed India's GDP growth to a four-quarter high of 7.8% in the first quarter of FY24, according to data released last week.
05.09 / 17:45
COST
Reuters
Manufacturing
Remark
performer
services
Services PMI slows down in August
NEW DELHI : India’s services sector growth slowed down in August after registering a 13-year high in July, a private survey said, still recording one of the best sales performances over the same period at a time of elevated inflationary pressures. The S&P Global India services Purchasing Managers’ Index (PMI) fell to 60.1 in August, from 62.3 in July. The figure stood at 58.5 in June and 61.2 in May.
05.09 / 16:27
DEX
Exchange
services
New Survey Shows Traditional Finance Exchanges Hold Different Views On Offering Digital Asset Services
Traditional finance exchanges maintain a divided stance on offering crypto-related products to their customers according to a new research report by the World Federation of Exchanges (WFE).
05.09 / 15:11
Provident
Aviat
Airlines
HANS
services
open
Himachal Pradesh open for tourists; Shimla, Dharamshala air services restored, says Tourism Director
Himachal Pradesh is now open for tourists with hoteliers in prominent travel destinations of the state offering lucrative discounts, a senior official said on Tuesday.
05.09 / 13:47
Lowe's
Manufacturing
Mobile
NIFTY
band
exclusive
services
Financial
Jio Financial Services is to be excluded from Nifty50, other indices from 7 September
Reliance group, will be dropped from Nifty50, other indices, on September 7, the stock exchange NSE said on Tuesday. NSE Indices Limited vide its press release dated July 17, 2023 had announced inclusion of Jio Financial Services Limited (JIOFIN or spun-off entity) on account of demerger of financial services business from Reliance Industries Limited (RELIANCE) in various indices effective from July 20, 2023 (close of July 19, 2023). After demerger, JIOFIN was listed on August 21, 2023 at the National Stock Exchange Ltd.
05.09 / 11:39
Digital
Platform
Mobile
Enterprise
Browser
services
Financial
Hold tight! Financial services set to grow to $37.5 trillion by 2027
The financial services sector is set for substantial growth in the next few years as several factors converge.
05.09 / 09:53
Blockchain
Provident
Digital
Platform
BitGo
country
services
South Korea’s Hana Bank Partners with BitGo to Provide Digital Asset Custody Services
South Korean financial giant KEB Hana Bank has entered into a strategic business agreement with California-based crypto custody and security platform BitGo to offer digital asset custody (DAC) services to its clients starting next year.
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