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Walmart has spent three years overhauling its mix of adult apparel to make it stylish as well as sensible for middle America

Suzuki Motor said on Wednesday it plans to cut the weight of its small Alto hatchback by 15% over the next decade, aiming to reduce the vehicle's energy usage and employ those technology gains in other models. The Alto currently weighs 680 kg and the company hopes to lower that by 100 kg. «If a vehicle is heavy, we also have to make the battery and motor larger to get a long range and good performance,» Tatsuya Matsushita, an executive in charge of Suzuki's automotive technology said.

₹100, and that of portfolio management services (PMS), for which investors need at least ₹50 lakh, the Securities and Exchange Board of India (Sebi) has proposed a new asset class. With an entry ticket of ₹10 lakh, it would offer an attractive mix of risk and reward to investors who find MF strategies too conservative but PMS investments too aggressive.

Mutual funds may soon get to offer investment products that have been accessible mostly to rich investors with bigger amounts to invest. The Securities and Exchange Board of India (Sebi) has proposed to introduce a new asset class for investors, who want to put between Rs10 lakh and Rs50 lakh in differentiated investment strategies such as Long-short equity and Inverse Exchange Traded Funds, among others. Investors can invest a minimum of Rs 10 lakhs in such products, below the threshold of Rs 50 lakh for portfolio management service (PMS) and Rs 1 crore for alternative investment funds (AIFs). The minimum investment size of mutual funds is as low as Rs 500 and there is no cap. Several affluent investors put money in PMS and AIFs for more focused and unique investment strategies.

The decision unveiled today (16 July), which has been backed by the former FTSE 250 trust's key shareholders, comes after last month's news that the board had failed to secure a refinancing of its existing debt facility on acceptable terms. Total borrowings, which the lender Scottish Widows has demanded to be repaid by the end of this year, were reduced from £220m to £114.6m by the end of June and are expected to fall to £90.1m once recent sale proceeds are received. Problems getting in the way of investment adviser AEW's turnaround strategy stem from a high cost base, the need for si...

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traditional passive funds that simply track an index, factor-based funds operate on predefined rules or criteria—related to fundamentals or stock behaviour—to select stocks. These funds don't have a fund manager making investment decisions, yet they aren’t as straightforward as index trackers. They rebalance at regular intervals, typically every six months, to ensure alignment with their specified factors.

As part of his role, Stear will oversee the equity and fixed income developed markets strategists, who provide analysis, research and market recommendations to Amundi's clients. Amundi inks M&A deal to combine US arm with Victory Capital Prior to joining Amundi's investment arm, Stear headed up the Asia research team at Société Générale in Hong Kong for four years, between 2010 and 2014. He moved on to become global head of credit strategy at Société Générale in 2014, later being promoted to head of emerging markets and credit research in 2015. Most recently, he was head of fixe...

Jammu and Kashmir's Doda district today. Criticising the government, the Congress party shared a graphic showing that within just 38 days of the BJP government's third term, nine terrorist attacks have been reported. These attacks resulted in the deaths of 12 soldiers, injuries to 13 others, and casualties among civilians, with 10 deaths and 44 injuries recorded.

The trust, which is currently under investigation by the Financial Conduct Authority, said in a stock exchange notice today (16 July), that despite seeing «opportunity to add value to the portfolio at a property level, it has concluded that this strategy faces considerable challenges». These headwinds include «a high fixed corporate cost base, required due to the REIT structure» and due to «the issues» being dealt with by the trust at present. Four Home REIT properties uncovered as sophisticated cannabis grow operations As well as a regulatory investigation, some of the aforementio...

«If I have to look at the complacency in the US particularly, particularly in technology, if I have to talk about the Nasdaq 100 instead of looking at the composite or even some narrow indices, we are seeing early signs or not even early signs; we are seeing that the complacency indicator has actually started spiking,» says Sandeep Tandon, Quant Mutual Fund. I know that your strategy, of course, is looking at sectors and stocks at those extreme inflection points. So, I am curious to understand your outlook when it comes to IT in particular. Do you believe that it has reached that inflection point? Would that be a contra call? What is the stance at the current juncture? Sandeep Tandon: Yes, it has reached a neglected territory some time back. In fact, you asked me if it was in September 2023 itself when you saw an extreme sort of neglected phase and some capitulation happened. Something happened at the beginning of the year also when the majority of analysts downgraded by the end of the first quarter of 2023-24. But I will also agree that when you look at it from the earnings visibility point of view or the traction point of view in the business, it is still on the lower side.

Adani Group expects its ports business to grow at a robust pace, with the Indian operations expected to double by volume in five years, said a senior company executive. Speaking to ET, Karan Adani, managing director of Adani Ports and SEZ (APSEZ) said the aim is to transform India's leading port operator into a global ports hub by boosting the share of international traffic. The ports business currently gets about 5% of its total volume from international operations, which it is aiming to double by 2030, said Adani. The ports business has been seeing exponential growth in the past few years, and Adani expects the trajectory to continue. «Currently, the split between our ports and logistics segment is 70:30, and we expect the same to continue because while our logistics segment is growing, so is our ports segment, and that too at a much faster pace,» he said. Revenue from the ports segment grew to Rs 20,972 crore in FY24, from Rs 17,304 crore in the previous year. On the other hand, revenue from the logistics segment grew to Rs 2,079 crore from Rs 1,744 crore in the same period.

Goldman Sachs Group Inc.’s trading unit powered a surge in earnings in the second quarter.

The U.S. and Europe would love to cut their dependence on China for rare earths. Standing in the way of that ambition are low prices and Beijing’s willingness to throw its weight around to keep the market down.

Bank of Maharashtra is planning to raise Rs 5,000 crore in equity this year as part of a two-year strategy to pare the government stake to 75% to conform to the market regulation. The bank said it needs to raise a total of Rs 6,700 crore at current price to bring down the promoter holding below the threshold level.

Subject to regulatory approval, Gooden will also become co-portfolio manager of the Global Natural Resources fund alongside George Cheveley and Dawid Heyl, who have worked on the strategy since its 2008 inception. He is set to replace Tom Nelson, who is resigning from his portfolio management responsibilities to focus on his family business. However, he will remain at Ninety One in an advisory capacity. In his previous role at Fidelity, Gooden worked as an analyst and headed up the Global Energy and Global Clean Energy funds. Prior to that, he had a three-year stint at Citi, served as...

Tom Banks has been promoted to head of UK ETFs to help drive Invesco's ETF business. Until July this year, Banks was the firm's head of wealth and private banks, leading the distribution of Invesco's ETF and indexed strategies to the UK wealth and private bank sector. Joe Bello – previously head of UK asset manager ETF sales – has become head of ETF institutional and asset managers, with his role expanded to include pension and insurance clients, and he will report to Banks.  Invesco expands Summit range with fund of funds launch focused on retirement income Prior to joining Invesc...

China’s extraordinary growth over three decades was fuelled by exports and domestic capital spending. At the peak, it enjoyed an 8% net export surplus consistently, which led to an accumulation of massive foreign exchange. On the other hand, its very high domestic savings rate was deployed to build infrastructure and expand industry.

Nifty50 ended on a positive note for the sixth consecutive week, ending above the 24,500 mark for the first time. On a weekly scale, the index has formed a bullish candle carrying higher highs and lows as compared to prior candle. “Technically we have enjoyed an upward momentum since March 2023 making higher highs and lows but at present the ADX, a trend strength indicator on weekly scale is at 24.96 and sloping downwards for a while,” said Shrey Jain, Founder of SAS Online.

China’s ruling Communist Party is starting a four-day meeting that is expected to lay out a strategy for self-sufficient economic growth in an era of heightened national security concerns and restrictions on access to American technology

ChatGPT in November 2022, doomsayers have argued that Generative AI will ring a death knell for the industry as it makes much of the work redundant. Krithivasan dismissed these fears. "As Roy Amara mentioned, we tend to overestimate the effect of a technology in the short run and underestimate the impact in the long run.