Show Financial News
06.09 / 18:25
Progressive
show
country
‘Makes sense to list in a market where people know you’
tax impact, which is actually outside. But yeah, I will, of course, welcome if there are any tax sops and stuff like that, but honestly, that’s not the big challenge. But one way or the other, we want to figure out how to come back whether we get something special or not.
06.09 / 18:05
Citi
Target
Progressive
Platform
show
performer
stage
A small fee for users, a big move for Zomato?
₹2-3 per order on its app on a pilot basis. The “small fee" has been introduced to “help us pay the bills so that we can keep Zomato running," the food delivery app’s order section shows. According to the company, the platform fee will be applicable for all its customers.
06.09 / 18:05
COST
UPS
Provident
Strategy
show
sfb
Premium
AU SFB bets on premium card to lure deposits
AU Small Finance Bank Ltd aims to use its premium credit card offering to attract new deposits and retain existing customers seeking more banking services. On Tuesday, the SFB introduced the Zenith+ metal card, with an annual fee of ₹4,999, excluding taxes. It offers customers complimentary rounds of golf, free movie tickets, as well as other benefits.
06.09 / 18:05
Lowe's
show
Q3
Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact
The Charles Schwab Trader Sentiment Survey for Q3 reveals a shift in trader expectations towards a more optimistic view of the market environment. After two consecutive quarters of heightened recession anticipation, the latest survey indicates a brighter outlook among traders.
06.09 / 18:05
UPS
Target
FIVE
Fighting
love
CIBC
show
'Next move a cut': What economists say about Bank of Canada's decision to hold rates
The Bank of Canada held its benchmark interest rate at five per cent on Sept. 6, with one economist predicting the bank’s next move could be a cut based on deteriorating economic data, though policymakers warned they could hike again.
06.09 / 18:05
Platform
Fighting
show
country
WHO warns of troubling Covid-19 trends in coming months, says ‘closely monitoring new Omicron variant…’
Omicron subvariant is on the rise. Small numbers of the highly mutated BA.2.86 subvariant have also now been detected in 11 countries, Tedros said.
06.09 / 17:37
06.09 / 17:33
Gap
Highways
Southern
band
show
England Has a North-South Divide, Too. But Where Exactly Is It?
WATFORD GAP, England—There is no Mason-Dixon Line in England to settle debate about where the North ends and the South begins. So physicists at Sheffield Hallam University used artificial intelligence to draw one. Their conclusion: The line runs right past Watford Gap rest area, a clump of fast-food outlets and gas pumps on a highway 80 miles from London.
06.09 / 17:33
COST
FIVE
Platform
show
audience
exclusive
Spotify’s podcast bet turns into a serial drama
technology companies this year. Chief executive Daniel Ek has said he wants Spotify to be the world’s largest audio company, spanning audiobooks, education, sports and news. Podcasts are only the first step toward Spotify’s goal of evolving from a music-streaming company to an audio giant, generating $100 billion in revenue by 2030.
06.09 / 17:15
Lowe's
FIVE
ETF
Platform
show
performer
inclusion
500
Blackstone Stock Jumps on S&P 500 Inclusion: Is This Just the Beginning?
Following its inclusion in the S&P 500 index, Blackstone Group (NYSE:BX) experienced a notable 4% surge. This momentum has not waned, as the stock has continued to climb, shifting from its previous range around $104 to a robust $108.
06.09 / 17:15
UPS
Waters
CEO
AT&T
Verizon
show
AT&T says tests at some lead cable sites show no public health risk
(Reuters) — AT&T (NYSE:T)'s CEO said on Wednesday tests conducted at several sites where the telecom operator abandoned lead-clad cables decades ago have shown no risks of a public health crisis.
06.09 / 16:51
UPS
Progressive
Gap
show
America’s Trade Trouble Will Continue
The U.S. trade deficit has been narrowing, and that has been a plus for the U.S. economy.
06.09 / 16:51
Career
band
show
song
rock
guitarist
drummer
The Rolling Stones Reveal First Original Studio Album in 18 Years
The Rolling Stones are returning with their first collection of original songs since 2005. The British rock-music architects held a media event in Hackney, an area in east London, on Wednesday where they unpacked details of their coming album, “Hackney Diamonds." As part of the event, Mick Jagger, Keith Richards and Ronnie Wood fielded questions from American comedian and late-night show host Jimmy Fallon. The launch, which was livestreamed on YouTube, followed a teaser campaign that included a snippet of a new song and a mysterious advertisement placed in the Hackney Gazette, a local newspaper.
06.09 / 16:51
UPS
Digital
Aware
CEO
Celebrity
show
social
Weight-loss drugs may reduce the appeal of alcoholic drinks
alcohol industry has been thriving despite a streak of threats: the legalization of marijuana, a trade war with China that hampers US exports, the rise of the sober-curious movement. Now a new risk is here: weight loss drugs. Eli Lilly’s Mounjaro and Novo Nordisk’s Ozempic and Wegovy have gained popularity as a fast way to lose weight, thanks to celebrities such as Khloe Kardashian and Elon Musk.
06.09 / 16:49
Platform
show
country
debate
Karnataka: CM Siddaramaiah steps into India vs Bharat debate
Siddaramaiah stepped into the India vs Bharat row on Monday, accusing the BJP of digging into emotional issues ahead of elections. “The country has been known as India ever since we adopted the Constitution in 1950.
06.09 / 16:49
UPS
Lowe's
Reuters
Nov
show
Warning
Dollar hits six-month peak after US data; weak yen draws warning
dollar ascended to a six-month peak on Wednesday, reversing earlier losses, after U.S. data showed the services sector surprisingly picked up steam last month amid higher new orders and businesses paying elevated prices, suggesting persistent inflation pressure. The greenback recovered against most currencies after the data, with the euro and sterling hitting three-month lows and the yen touching session troughs. Data showed the Institute for Supply Management (ISM)'s non-manufacturing PMI rose to 54.5 last month, the highest reading since February and up from 52.7 in July.
06.09 / 16:29
06.09 / 16:11
Lowe's
Action
Remark
NIFTY
show
Ahead of the Market: 10 things that will decide D-Street action on Thursday
The Nifty advanced 36 points to end at 19,611.05. Meanwhile, Nifty Bank ended in the red, and broader markets underperformed their headline peers after several days of gains.Here's how analysts are interpreting the market sentiment: «A spike in crude oil prices sent shockwaves across the globe, rekindling concerns about inflation and sparking fears of a Fed rate hike.
06.09 / 16:11
Provident
Platform
Fighting
show
country
WHO warns of 'concerning' Covid trends ahead of winter
World Health Organization on Wednesday warned of «concerning trends» for Covid-19 ahead of winter in the Northern Hemisphere, calling for increased vaccinations and surveillance. While data is limited because many countries have stopped reporting Covid data, the UN health agency estimated that hundreds of thousands of people around the world were currently hospitalised with the virus. «We continue to see concerning trends for Covid-19 ahead of the winter season in the Northern Hemisphere,» WHO chief Tedros Adhanom Ghebreyesus told an online press conference. «Deaths are increasing in some parts of the Middle East and Asia, intensive care unit admissions are increasing in Europe and hospitalisations are increasing in several regions,» he said. But only 43 countries — less than a quarter of the 194 WHO member states — are reporting Covid deaths to the agency, and only 20 provide information about hospitalisations, he added. «We estimate that there are hundreds of thousands of people in hospital now for Covid,» said Maria Van Kerkhove, the WHO's technical lead on Covid-19. «That is a worry given that when we get to colder months, in some countries, people tend to spend more time indoors together, and viruses that transmit through the air like Covid will take advantage of that,» she added. With influenza and RSV also circulating, Van Kerkhove emphasised the importance of testing, as well as vaccination. Tedros said while there is not currently a single dominant Covid variant worldwide, the EG.5 Omicron subvariant is on the rise. Small numbers of the highly mutated BA.2.86 subvariant have also now been detected in 11 countries, Tedros said.
06.09 / 15:41
show
country
external debt
India’s external debt remains stable; declines to 18.9% of GDP from 20% last year: Finance Ministry
India’s external debt declined to 18.9 per cent of GDP at the end of March 2023 from 20 per cent last year, revealed the Finance Ministry's annual status report that was published on Wednesday. However, the external debt of India rose marginally by 0.9 per cent as the external debt stood at $624.7 billion at the end of March 2023 as compared to $619.1 billon last year. The last status report by the ministry published in 2022 showed that India’s external debt grew by 8.2 per cent in March 2022 when compared to March 2021. Finance Ministry in its report has attributed the 'rise in loans from short-term trade creditors (5.6 per cent), and bilateral (6.3 per cent) and multilateral (2.7 per cent) loans' as major factors for the marginal increase in external debt during the period under review. «As of end-March 2023, all the macroeconomic indicators of external debt remained sustainable. Commercial borrowings remained the largest component of external debt,» said the ministry's report on external debt. Commercial borrowings, Non-Resident Indian (NRI) deposits, short-term trade credits and multilateral loans together accounted for 89.6 per cent of the total external debt of India. Commercial borrowings and NRI deposits declined by 1.7 per cent and 0.1 per cent, respectively. Long-term debt which forms the major chunk of India's external debt reduced by 0.2 per cent at the end of March 2023 while short-term debt, constituting 20.6 per cent of the total debt, rose by 5.5 per cent mainly due to 5.6 per cent increase in the short term trade credit. The valuation effect of US dollar and other major currencies also plays an important role on the external debt of the country.
06.09 / 15:39
show
performer
country
After big GDP revision, UK statisticians seek faster data access
LONDON (Reuters) — Britain's statistics office requested earlier access to key economic data on Wednesday, a few days after it sharply revised its estimate of the size of the economy at the end of 2021 which caught many analysts by surprise.
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