Target Financial News

Billionaire Chris Ellison’s Mineral Resources has snared a 19.8 per cent stake in a new lithium target with links to MinRes chairman James McClements.

The chiefs of Australia’s largest superannuation funds say rising interest rates are allowing them to lock in higher returns while taking less risk than they did during the era of cheap money.

The advisory applies to lubricating drops and it includes lubricating drops sold by six companies, including eye drops from CVS Health, Target, Rite Aid, and Cardinal Health. The FDA has asked consumers to stop using these products immediately and should avoid purchasing any of the remaining products that remain on pharmacy shelves.

The Biden administration is targeting what it calls “junk fees” as it attempts to strengthen investment advice rules for retirement accounts.

The party leaders said it is for the mobile company to explain the issue. Senior BJP leader Ravi Shankar Prasad slammed the opposition for targeting the government without taking up the matter with Apple and dared its leaders, who have received it, to file a criminal case (FIR).

Decentralized finance (DeFi) protocol Platypus has made significant strides in recovering assets stolen in a recent exploit. On 17 October 2023, the protocol announced via its Twitter handle, Platypusdefi, that it had successfully negotiated with the exploiter and recovered 90% of the funds siphoned off from the sAVAX pool during an exploit on 12 October 2023. The recovery reduced the net loss to approximately 18,000 AVAX. The announcement came as a relief to the Platypus community, who had been on tenterhooks since the exploit occurred.

KKR & Co. is raising a second Asia real estate fund, targeting $2 billion to $2.5 billion to spend across the region, according to people familiar with the matter. 

Morgan Stanley’s decision to award $20 million special bonuses to its runners-up for chief executive officer points to a governance risk, raising questions about their commitment to the company, according to Wells Fargo & Co. analyst Mike Mayo.

New Delhi: Gentari Sdn Bhd, GIC Holdings Pte Ltd and AM Green, promoted by Greenko founders, recently announced plans for one of the world’s largest green-ammonia plants. In an email interview, Greenko founder, president and joint managing director Mahesh Kolli said an equity raise for AM Green Molecules, AM Green Technology & Solutions, and AM Green International would be done at an "appropriate time".

Nifty 50 today: Snapping their two-day winning run, frontline indices Nifty 50 and the Sensex resumed their downward march on Tuesday, October 31, amid mixed global cues. Major Asian markets declined today as data showed Chinese manufacturing activity contracted. According to a Reuters report, data from the National Bureau of Statistics showed that China's official purchasing managers' index (PMI) fell to 49.5 in October from 50.2, dipping back below the 50-point level.

Mahua Moitra, Aam Aadmi Party (AAP) MP Raghav Chadha, Congress MP Shashi Tharoor, and two journalists on Tuesday claimed that they received an alert on their iPhones, Apple IDs purportedly alerting them against ‘state-sponsored’ attacks or hackers who were trying to gain access to the leaders' sensitive information, and access to the microphone and camera on their respective devices. According to the screengrabs shared by the politicians, and journalists who received the alert message on their iPhones, the email header read, “ALERT: State-sponsored attackers may be targeting your iPhone".

“I just want to remind the world, Palestinian mothers love their children just as much as any other mother in the world," Jordan’s Queen Rania said on CNN last week. “For them to have to go through this is just unbelievable. And equally, I think that people all around the Middle East, including in Jordan, we are just shocked and disappointed by the world’s reaction to this catastrophe that is unfolding.

Investing.com -- U.S. stock futures were mixed on Tuesday, with the Federal Reserve's all-important policy decision later in the week front and center. Elsewhere, economic bellwether Caterpillar (NYSE:CAT) is set to release its latest quarterly earnings, while hopes for a recovery in Chinese growth were dented by disappointing manufacturing activity data.

Investing.com-- The Bank of Japan held interest rates at ultra-low levels on Tuesday and slightly altered the rhetoric around its yield curve control (YCC) policy, while also forecasting higher inflation levels in the coming years. 

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Apple phones regarding a possible 'state-sponsored' hacking attack. However, the government has claimed that it is very serious about the issue and that it has issued an ordered probe into the matter. «We are serious about these allegations and we want the complainants to go through the investigation,» IT Minister Ashwini Vaishnav said at a briefing. He said that the complaints require deep technical understanding and certain agencies will be involved in the investigation. Furthermore, Vaishnaw claimed that the Opposition leaders cannot digest India's progress under Prime Minister Narendra Modi and are indulging in compulsive critique. «There are many compulsive critics in our country. Their only job is to criticise the government,» he said. «From the mail sent by from Apple, it can be understood that they have no clear information, they have sent alerts on the basis of an estimate. This is vague. Apple has released a clarification that the allegations by compulsive critics are not true. Such advisories have been sent to people in 150 countries. The people who cannot see the growth of the country are doing destructive politics,» Vaishnaw added. Earlier in the day, prominent Opposition leaders part of the INDIA bloc took to social media claiming they got a message from Apple Inc saying their phones are likely being targeted by 'state-sponsored' attackers.

Goa police have recently exposed a major criminal operation involving the filing of false rape cases across the country. As per a TOI report, the investigation, led by the special crime branch team under the supervision of Deputy Inspector General (DIG) Aslam Khan, has resulted in the arrest of Harish, an alleged pimp from Gujarat. This is the fourth arrest made in connection with the ongoing probe. DIG Khan has stated that this case involves a significant inter-state racket.

AI for positive and sustainable impact across India, as well as those working to ensure the benefits of India's digital transformation are inclusive, equitable and safe. Recently, Annie Lewin, senior director, global advocacy and head of Asia Pacific, Google.org, was in New Delhi to announce a $4 million grant to CyberPeace Foundation to help 40 million people combat misinformation across India and $3.3 million to Wadhwani AI to protect India's staple crops with AI-powered pest mitigation technology.

Petronet LNG share price continued its downward trend on Tuesday, a day after the company’s board approved to diversify into petchem business by setting up a Petrochemicals project at an estimated cost of ₹20,685 crore. Petronet LNG shares declined over 3% to hit a 52-week low of ₹195.15 apiece on the BSE on Tuesday. The fall comes after the stock cracked 8.5% in the previous session.

«We exited March almost at 70% of our capacity at Rs 550 crore a month. And we wanted to demonstrate the operating leverage. And we said that for this full year, this is the range of volume we will do for the whole year,» says Shachindra Nath, Vice Chairman & MD, U GRO Capital. It was a solid show yet again from you. The AUM is up 74%. Net disbursements continue to be quite high. Quite a bit of improvement on the profitability front as well. Talk to us about sustainability of all of this? Let us say, as far as AUM is concerned, what is the target for FY24? As I have said this to you in our last quarter result as well, that we built up our capacity in last two and a half years. We are almost five-year-old company. In last two and a half year, we heavily invested into both our distribution and liability infrastructure and data technology which drives revolution which we are trying to bring in MSME financing in India. We exited March almost at 70% of our capacity at Rs 550 crore a month. And we wanted to demonstrate the operating leverage. And we said that for this full year, this is the range of volume we will do for the whole year.

Macrotech Developers (Lodha) share price rose over 4 per cent in intraday trade on BSE on Tuesday, October 31, looking set to extend gains into the third consecutive session. The stock opened at ₹769.70 against the previous close of ₹759.60 and rose 4.5 per cent to the intraday high of ₹794. The company on Saturday (October 28), said in the seasonally weakest quarter, it saw its best-ever pre-sales performance showing 12 per cent year-on-year (YoY) growth along with continued debt reduction and robust business development.