Target Financial News

Subscribe to enjoy similar stories. As the first page of any book on corporate law tells you, a corporation has an infinite life. But how long do companies actually last? A global study shows that very few companies cross 50 or 70 years.

The Bank of Canada’s top decision makers worried the central bank’s oversized interest rate cut in October could send a dour signal about the state of the Canadian economy, according to new documents released Tuesday.

The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot better.

Milan-listed shares in the company however extended losses after the results were published, as Ferrari did not upgrade the forecasts for its full-year results it provided in August, including for adjusted EBITDA growing to at least 2.5 billion euros ($2.7 billion).

Subscribe to enjoy similar stories. MUMBAI : Tata Power Co. Ltd's shares have had a stellar run in the past year, soaring as much as 77% compared to the 25% returns of the Nifty50.

₹50 lakh after joining a fraudulent stock market scheme organised through a WhatsApp group. The case highlights the vulnerability of elderly citizens in the digital landscape, as they are increasingly targeted by cybercriminals with sophisticated tactics.The incident unfolded when the victim, intrigued by a WhatsApp group titled “Stock Discussion Group," joined to learn more about investment opportunities.

Subscribe to enjoy similar stories. JK Cement Ltd has lowered its FY25 volume growth guidance for grey cement from 10% to 6-7%. It expects industry volume to grow 3-4%.

Alberta Premier Danielle Smith did not mince words over Ottawa’s new greenhouse gas emissions cap announced Monday.

The financial market believes the Bank of Canada will cut its policy rate to 2.75 per cent by June 2025, before holding it there for the remainder of 2025 and into 2026, according to a survey released by the central bank on Monday.

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too

Former President Donald Trump, currently campaigning for the Republican presidential nomination, has prepared a list of names who he wants to investigate and prosecute if he wins the upcoming election. These groups include political adversaries, election workers, and individuals he identifies as part of the «radical left». Trump had earlier referred them as the 'enemy from within'. Trump has expressed concern about potential Election Day disruptions, stating, «We have some sick people, radical left lunatics… and it should be very easily handled by, if necessary, by National Guard, or if really necessary, by the military.”

Subscribe to enjoy similar stories. The formidable institutional structure of the US will be severely tested today by both the presidential election process and its aftermath, whatever the outcome. Economists define institutions to include the functioning of public protective frameworks.

Canada's Brampton on Sunday has sparked off widespread outrage. The attack is part of a long campaign by Khalistanis to browbeat the Hindu community in Canada. It adds to a series of such incidents in recent years. Earlier, a Hindu temple in Windsor suffered defacement with anti-India graffiti. Earlier incidents in Mississauga and Brampton saw temples similarly targeted, drawing strong reactions from the Indian community in Canada. Last year in December, gunshots were fired at the residence of the son of Satish Kumar, the president of Lakshmi Narayan Mandir in Surrey. Khalistanis targeted a consular camp for senior citizens

Subscribe to enjoy similar stories. Prestige Estates Projects Ltd’s first half of FY25 was nothing to write home about. Pre-sales or bookings plunged 36% year-on-year to ₹7,052 crore as delayed regulatory approvals continued to weigh on new launches.

Adani Ports and Special Economic Zone (APSEZ) fell by 4% to their day’s low of Rs 1,336.30 on the BSE after the company shared its October business update wherein it has reported handling of 37.9 MMT of cargo. The company stated that the achieved volume was in alignment with their yearly volume target.

Subscribe to enjoy similar stories. Before Larsen & Toubro Ltd’s (L&T) September quarter (Q2FY25) earnings were out on Wednesday, its shares had fallen by 7% over the previous month. Weak government spending in the first half of FY25 due to the general elections and global geopolitical tensions were anticipated to mar L&T’s order inflows last quarter.

In this field, the fundamental principles of wealth-building rarely change—start early, save regularly, invest carefully, trust equity, avoid unproductive debt, and think long term. Yet, each week, I sit down to share these permanent truths through fresh perspectives, new examples, and current context that can appear relevant to today’s readers. The challenge isn’t finding new truths; it’s helping readers rediscover the old ones in ways that click with them and create that moment when interest and knowledge transition to genuine understanding. Of course, the job is made easier because, at the fundamental level, readers, too, need the same points to be emphasised again and again, and the same warnings offered repeatedly. For instance, the perennial allure of market timing has made the current market decline even more attractive. No matter how often one warns against it, each market cycle brings a fresh wave of investors convinced that they can spot the perfect moment to buy or sell. Or consider the fatal attraction of derivatives, hot tips and investment fads like crypto. The packaging changes, but the targeted speculative impulse remains unchanged. What makes financial writing both challenging and rewarding is that people are remarkably consistent in their behavioural patterns, even as they convince themselves that ‘this time it’s different’. Perhaps that’s why the best financial advice often feels obvious when stated, and difficult to follow in practice.

Sylvester Stallone stars in Armor, an intense heist thriller set for a November 2024 release. The story follows Stallone’s seasoned thief as he attempts a high-stakes armored truck robbery that takes unexpected twists.

Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and deserve a more central place in the national conversation.

Ukrainian President Volodymyr Zelenskyy said Sunday that Russia had launched around 900 guided aerial bombs, 500 drones and 30 missiles against Ukraine over the past week. Zelenskyy appealed Sunday on X to Ukraine's allies to provide «long-range capabilities for our security», saying that these «attacks would have been impossible if we had sufficient support from the world». Kyiv is still awaiting word from its Western partners on its repeated requests to use the long-range weapons they provide to hit targets on Russian soil, including for preemptive Ukrainian strikes on camps where North Korean troops are being trained.

Coal India aims to eliminate Rs 2,200 crore in accumulated losses at its subsidiary, Eastern Coalfields Ltd (ECL), and to rejoin the dividend list by FY 2025-26, a top official said on Sunday. At the foundation day event, Coal India chairman P M Prasad said Bharat Coking Coal Ltd, another previously loss-making subsidiary, has already re-entered the dividend list. He expressed confidence that ECL would achieve similar success by FY 2025-26. Coal India has seven coal-producing subsidiaries. «ECL is performing well and is on track to meet its production target of 54 million tonnes this year. We expect to eliminate two-thirds of its Rs 2,200 crore accumulated losses this fiscal year, with the remaining losses cleared by the following year, allowing it to rejoin the dividend list,» Prasad said. He added that the next few months would present challenges for production due to monsoon impacts on growth.