Strategy Financial News

10.01 / 20:13

Reuters Strategy reports Goldman Sachs names Greg Wilson as head of retirement for a unit - memo

(Reuters) — Goldman Sachs has appointed veteran Greg Wilson as head of its retirement for asset & wealth management (AWM) division, according to a memo seen by Reuters on Wednesday.

10.01 / 19:33

markets Citi Strategy Citigroup trends show 2024 Citi sees US dollar weak in near term, rebounding later in 2024

By Saqib Iqbal Ahmed and David Randall

10.01 / 19:27

UPS Strategy BJP to set up all Lok Sabha committees by mid- Jan; at least 101 committees formed: Sources

Rural Development Sadhvi Niranjan Jyoti on Wednesday expressed concern about the law and order situation in Bengal in the wake of the “heinous attack” on ED in Sandeshkhali. Jyoti was in Kolkata to attend an organizational meeting to chalk out strategies for Lok Sabha polls. The two-day meeting was attended by BJP central observers, including Sunil Bansal, state top leadership and MPs.

10.01 / 19:03

markets Digital CEO Strategy Enterprise Juniper reports Hewlett Packard Enterprise buying Juniper Networks in deal valued at about $14 billion

Hewlett Packard Enterprise is buying Juniper Networks in an all-cash deal valued at about $14 billion, which is anticipated to double HPE’s networking business

10.01 / 18:47

markets Ripple XRP Action Strategy performer Ripple May Dump Over 96 Million XRP Soon

In December 2023, Ripple (XRP), executed a significant transaction involving its XRP tokens. The company spent 240 million XRP, valued at approximately $148.80 million, strategically managing its escrowed reserves. This move left 96.34 million XRP in Ripple's principal spending wallet, marked «Ripple (1)», with an estimated value of $59.73 million, aimed at stabilizing the XRP market.

10.01 / 18:33

COST Manufacturing Strategy Mobile country electronic prevention Reduce duty on mobile phone parts: ICEA

NEW DELHI : Mobile phone exports from India can more than triple to $39 billion over the next two years, from $11 billion in FY23, if the government reduces import tariffs on components, and eliminates them in some categories, the Indian Cellular and Electronics Association (ICEA) said on Wednesday. These shipments can even swell to $50 billion, if India rationalises import duties and undertakes reforms to ease doing business, the industry body said.

10.01 / 17:43

markets Progressive Strategy Remark Research wellness travelers end European shares end lower, with miners and travel stocks leading losses

By Khushi Singh, Shristi Achar A and Shashwat Chauhan

10.01 / 16:34

markets Strategy Align Trade performer recommendations RBC is increasingly bullish on these S&P 500 sectors

RBC global strategists are optimistic about the market performance in the year ahead. Sector-wise, strategists maintained an overall positive outlook across sectors, particularly favoring Financials, Materials, Health Care, Energy, and Utilities for performance and valuations.

10.01 / 15:57

Man Strategy Nov trends War social Terence Corcoran: It's time for the abdication of King Trudeau II

Through more than eight years since Justin Trudeau named his first Liberal cabinet on Nov. 4, 2015, Canada’s economic and social trajectory has been steadily downward, a trend that was entirely predictable.  I can say this … because I predicted it.

10.01 / 15:40

Strategy Research wellness Healthcare inclusion medicines International Terminologies defining diseases in ayurveda, unani, siddha included in WHO index

Terminologies defining diseases in ayurveda, unani and siddha systems of medicine have been included in the World Health Organization's International Classification of Diseases (ICD) 11th revision, the Ayush ministry said on Wednesday. This will lead to global uniformity in ayurveda, unani and siddha medicines as a code for defining diseases.

10.01 / 15:35

Fighting Strategy Opinion voice Inside reports Trinamool Supremo Mamata Banerjee asks party leaders to say united amid debates over differences of old and new guard

Trinamool Congress Supremo Mamata Banerjee on Wednesday gave a strong message to her party leaders, asking them to stay united and not express their differences outside the party. A closed-door meeting was held at Mamata Banerjee’s residence today at Kalighat. “Trinamool chairperson Mamata Banerjee asked us to be united and take our fight to the people.

10.01 / 15:20

markets Strategy Analysis trends performer information rights A beginner's handbook for new investors: 10 important things you must know as you begin your journey in stock market

BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) in India. Investors place orders to buy or sell stocks through brokers, who execute these orders on the exchange. Stocks can be classified into two main types: Common Stocks: These represent ownership in a company and typically come with voting rights.

10.01 / 14:04

markets UPS Provident Digital Gap Strategy beautiful 'Small 7' Soar Under the Magnificent 7's Radar: Time to Rethink Your Strategy?

If anything has characterized 2023, it has been the strength of the technology sector in general and artificial intelligence in particular.

10.01 / 13:58

markets security Strategy Align Sustainability Research innovations HIBOX Company Announces Expected $50 Million Financing to Accelerate Innovation and Market Expansion

HIBOX Company, a distinguished player in e-commerce specializing in handpicked mystery box offerings, has announced plans for a substantial $50 million funding round. This strategic move aims to advance their innovative product range and broaden their market footprint. Known for their unwavering commitment to innovation and immersive online shopping experiences, HIBOX has been a leader in the mystery box e-commerce sector since its inception.

10.01 / 13:49

markets Provident Strategy Experts beautiful innovations IMCD Enhances Presence in India with Acquisition of Valuetree, Bolstering Growth in Beauty & Personal Care Market

Rotterdam, The Netherlands & Mumbai, Maharashtra, India – Business Wire IndiaIMCD N.V. ("IMCD" or "Company"), a global leading distribution partner, and formulator of speciality chemicals and ingredients, today announces the acquisition of 70% of Valuetree Ingredients Private Limited (“Valuetree") to expand its beauty and personal care footprint in India. Founded in 2005, Valuetree is a prominent ingredient supplier to the beauty and personal care market.

10.01 / 13:45

markets UPS Provident Strategy band inclusion reports Why is it time to give your portfolio a fixed income boost?

High interest rates, an invitation: After a hike of 250 basis points over 2022-23, and as both wholesale and consumer inflation seem to be under control now, the RBI has paused rate hikes leaving the repo rates at 6.5%. The RBI last hiked the repo rate in February 2023. In June 2022, the 10-year g-sec hit a closing high of 7.55%, before tapering off.

10.01 / 13:43

Target Progressive Strategy Election reports Features 2024 Lok Sabha Election 2024: BJP to announce candidates soon? How is party preparing for polls

India Today TV on Wednesday. The BJP is likely to contest on over 400 of the total 543 seats and is looking forward to winning 50 per cent vote share. The India Today report added that the BJP is expected to contest more seats in the 2024 Lok Sabha elections as compared to that in 2019.

10.01 / 13:43

markets SUN Assurant Strategy Align Trade NFO Alert: From key dates to risks, all you need to know about Old Bridge Focused Equity Fund

Old Bridge Asset Management, said, “We are excited to introduce our first equity fund to investors seeking long-term capital appreciation. The fund's strategy is aligned with our investment philosophy focusing on early-cycle businesses with strong leadership and growth potential." Andrade added, “The launch of the Old Bridge Focused Equity Fund aligns with the unprecedented growth in India's mutual funds industry as highlighted by recent data from the industry trade body AMFI.

10.01 / 13:20

Provident security Strategy Trade President social Smartleaf Asset Management announces strategic partnership with Clearstead Advisors

A strategic partnership has been announced between Smartleaf Asset Management, the RIA subsidiary of Smartleaf, and Clearstead Advisors.

10.01 / 12:57

markets ETF Strategy Trade Bitcoin Spot ETFs BITO Bitcoin Strategy ProShares Bitcoin Strategy ETF (BITO) Surpasses $2 Billion in Assets, Sets All-Time High

The ProShares Bitcoin Strategy ETF (BITO), an exchange-traded fund focused on Bitcoin (BTC) futures, has amassed over $2 billion in assets, reaching an all-time high.

10.01 / 11:56

markets Provident Strategy economy Align Diversity performer 2024 Personal Finance Guide: How to create a budget for a prosperous 2024

At the beginning of any New Year, a majority of people want to start afresh, and make resolutions for a happy and prosperous future. Investors also take a resolution to save and invest more in investment avenues giving higher returns. However, amidst economic growth, the shadows of inflation and global uncertainties add complexity to investment strategies and, therefore, creating a robust investment budget becomes paramount.

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