Target Financial News

Canada’s new immigration minister said he is open to “having a conversation” on concerns raised by some economists and groups on rising immigration targets amid a housing shortage, but said he still has no plans to lower them in the near future. 

The labour market hit a speed bump in July with the unemployment rate rising and the economy unexpectedly shedding jobs, suggesting the Bank of Canada’s interest rate hikes are working to bring an overheated economy back into balance, though wage growth could present some risks.

Kolte-Patil Developers has reported a 116% year-on-year growth in net profit at Rs 46 crore for the quarter ended June. Revenue from operations witnessed 185.4% growth at Rs 571.2 crore. The company sold a new area of 0.93 million sq ft, up 52% and sales value expanded by 58% to Rs 701 crore, supported by an increase of 4% in average realizations to Rs 7,545 per sq ft.

Oppenheimer have caused at the box office worldwide is disruptive. Hashtag ‘Barbenheimer’, as the two movies that released on July 21 are called together, continues to rule the ticket windows. So, who will even attempt to beat Barbenheimer? Let’s take a look.Meg 2: The Trench, a sequel to the 2018 movie The Meg, releases on August 4, 2023, and will hope to challenge some of the ticket sales of Barbie and Oppenheimer from Friday. Five years ago, The Meg had opened with £3.7 million in early August 2018, ending with total collections of £15.9 million. Actor Jason Statham reprises his role in the sequel to the shark movie. Other cast members include Cliff Curtis, Sienna Guillory, Shuya Sophia Cai, and Skyler Samuels. Meg 2 is predicted to have an opening weekend range from $22 million to$27 million.

Morgan Stanley upgrading the rating on Indian equities to “overweight” and moving it to the 1st position in the basket of Asian emerging markets ex-Japan. The ratings upgrade reflects India’s growing absolute and relative attractiveness as an equity market, according to Ridham Desai, managing director at the global investment firm.

Citi analysts upgraded shares of Intercontinental Exchange (NYSE:ICE) to Buy from Neutral in a note Friday, raising the price target on the stock to $130 from $117 per share.

Warren Buffett and Charlie Munger's legendary investment behemoth Berkshire Hathaway (NYSE: BRKa) (BRKb) is poised to reveal its second-quarter 2023 earnings performance during the upcoming weekend, potentially shaping the overall market performance next Monday.

Ethereum layer-2 scaling solution Optimism (OP) has been on a multi-month climb as markets brace with anticipation for a huge upcoming Coinbase BASE listing.

By Lucia Mutikani

(Reuters) -Fisker Inc fell nearly 9% on Friday after supply chain issues forced a cut in its annual production target, taking the shine off its smaller-than-expected quarterly loss and the first revenue from deliveries of its electric sport utility vehicles.

(Reuters) — Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final installment of what has been most aggressive policy-tightening cycle in four decades, but central bank officials caution it is still too soon to make that call.

Petroleum and Natural Gas Regulatory Board (PNGRB) has collaborated with the World Bank to prepare a roadmap for hydrogen blending in natural gas and their transmission through gas pipelines in the country, the regulator said in a statement. “The (PNGRB-World Bank) study comprises of mapping demand and supply of hydrogen, technical assessment of the existing pipeline network for its compatibility, commercial assessment of pipeline sector, identifying bottlenecks in policy and regulatory framework, and framing of roadmap till 2040 for expeditious implementation of hydrogen blending in India,” the regulator said.

stiff person syndrome (SPS), fans and the public have been left curious about this rare neurological disorder. The Canadian singer was compelled to cancel her world tour, including many UK dates, due to the condition. Her sister shed some light on the decision, emphasizing the importance of rest and listening to one's body.

agricultural exports before the war, a key link in the global food supply chain. Ukraine supplied about 9% of the world’s exported wheat and nearly half the world’s sunflower oil before the Russian invasion.

Investing.com — The U.S. economy tacked on fewer jobs than expected in July, while the number of positions added in the previous two months was revised lower, in a sign that a long-standing string of aggressive interest rate hikes by the Federal Reserve may be weighing on the labor market.

Investing.com — Amazon.com (NASDAQ:AMZN) reported second-quarter results that topped analysts' estimates and delivered upbeat guidance for Q3 as growth in its cloud business topped estimates.

The attack on Novorossiysk is the first time a commercial Russian port has been targeted in the 18-month war. The city is a major port on the Black Sea and hosts a naval base, shipbuilding yards and an oil terminal. It is a key port for Russian exports.

RSI trending down. ETMarkets has cherry-picked 10 stocks from the pack that were still trading with RSI trending down. Investors use the RSI to gauge potential price reversals and assess a stock's momentum and strength.

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Eicher Motors shares rose nearly 3% to Rs 3,478 in early trade on Friday after the firm reported a 50.38% year-on-year (YoY) rise in its June quarter profit at Rs 918 crore to beat Street estimates. However, later in the day, the stock was trading flat at Rs 3,378.