UPS Financial News
11.04 / 18:09
markets
UPS
economy
pandemic
2020
reports
Department
jobless claims
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it
11.04 / 18:09
11.04 / 18:09
11.04 / 18:09
11.04 / 18:09
UPS
Food
Research
Universities
Fishing
prevention
These biodegradable straws could prevent new coral from becoming expensive fish food
South Florida researchers are using biodegradable drinking straws to prevent laboratory-grown coral from becoming really expensive fish food
11.04 / 18:09
UPS
Progressive
Food
wellness
reports
Department
US producer prices rose 2.1% from last year, most since April, but less than forecasters expected
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutt...
11.04 / 17:47
11.04 / 17:01
UPS
Cooper
security
Trade
track
Latin
Substantial convergence in India-Peru Trade Agreement 7th round talks: Govt
In a statement, the commerce and industry ministry said that discussions happened across chapters such as trade in goods, services, movement of natural persons, trade remedies and dispute settlement and cooperation. “The discussions involved understanding priorities and concerns of each other and ensuring that the negotiations are rooted in mutual respect and benefit…Detailed discussions were held on the aspirations and sensitivities between both parties,” the ministry said.
11.04 / 17:01
UPS
Action
Sustainability
Trade
information
Tata Steel UK plant workers vote for strike action
Tata Steel workers based at two plants in Wales voted in favour of industrial action on Thursday over the company's plan to close its blast furnaces and shed 2,800 jobs. The Mumbai-headquartered steel major said it was «disappointed» over the move while consultation continues and pointed to «significant irregularities» in the ballot process in favour of strikes. While the company says its restructuring plans were important to sustain the business as it transforms to new electric technology, Unite the Union said its workers from the Port Talbot and Newport Llanwern plants had voted against the «disastrous» plans because they did not agree with the approach. «We are naturally disappointed that while consultation continues, Unite Union members at Port Talbot and Llanwern have indicated that they would be prepared to take industrial action up to and including strike action if an agreement cannot be reached on a way forward for the business and its employees,» a Tata Steel spokesperson said.
11.04 / 16:55
markets
UPS
wellness
stage
exclusive
yachting
The Crypto Market Is Heating Up This April, Don’t Miss Out
The cryptocurrency market is currently brimming with bullish momentum and an overall positive sentiment. The surge in the prices of cryptocurrencies across the board has prompted a notable uptick in market liquidity as well as investor confidence. With the Crypto Fear & Greed Index indicating Extreme Greed among investors, the month of April is set to be exciting for the crypto market.
11.04 / 16:55
markets
UPS
Strategy
Sustainability
community
innovations
Features
Best Alternative to Bonk (BONK) to 20x Your Money By July 2024
Many investors go out to locate the next big opportunity in the constantly changing world of cryptocurrency investments. Given the explosive growth of meme currencies such as Bonk (BONK), investors are always searching for the next big thing that may make a big profit. A competitor that has gained traction in the cryptocurrency space is $HUMP, a meme coin based on the Solana network. $HUMP, which promises to grow your money by 20 times by July 2024, promotes itself as a viable alternative to Bonk with its creative strategy and lofty objectives.
11.04 / 16:55
UPS
Provident
USDT
Platform
community
Features
Updates
Scorpion Casino (SCORP) Passes $10 Million Presale Milestone, Investors Hype SCORP Up
The undeniable surge in popularity of crypto casinos has highlighted one notable project, Scorpion Casino (SCORP) , which has garnered attention within crypto communities. Distinguishing itself in the market, SCORP provides captivating and profitable gaming and casino experiences, making a significant contribution to the growing crypto casino industry.
11.04 / 16:55
UPS
ETH
Pool
wellness
trends
cover
Decentrashop: When WEB3 Revolutionizes the Online Shopping Experience.
In the highly competitive world of e-commerce, our goal is to explore new possibilities by leveraging the potential of Web3 and decentralization. Our approach is simple: we aim to remove barriers in online shopping through a gamified and permissionless environment , giving consumers greater control over their experiences.
11.04 / 16:01
UPS
Man
wellness
President
information
rights
International
The man in charge of getting the Baltimore Port back in business
BALTIMORE—Jonathan Daniels took over this city’s port two months ago with a mandate to expand it. As he looks outside a 20th-floor window, it is clear how much his job has changed. In the distance is the mangled wreckage of the Francis Scott Key Bridge and the 984-foot containership that brought down the span in late March.
11.04 / 15:41
11.04 / 15:41
markets
COST
UPS
Booking
Manufacturing
Dreams
Schools
'It takes a lot longer than expected, a lot longer' — Lion Electric's EV dream hits a bump in the road
From its very first earnings calls after going public in 2021, Lion Electric Co. has boasted that big-name companies, such as Amazon.com Inc., Ikea Systems BV, Canadian National Railway Co. and others, wanted its zero-emission electric trucks.
11.04 / 15:15
11.04 / 15:13
markets
UPS
Trade
performer
Updates
Polar Capital shares surge 16% as strong market gains offset £1.6bn outflows
In a trading update today, the firm said AUM grew 14% in the year to 31 March 2024, up to £21.9bn from £19.2bn at the end of March 2023. Net outflows of £1.6bn, alongside fund closures worth £50m, were offset by strong market movements and performance of £4.3bn. The bulk of outflows during the year came from open-ended funds at £1.2bn, as investment trusts and segregated mandates shed £154m and £235m, respectively. Polar Capital suffers £581m outflows as profits slump In the first quarter of this year, however, investors poured a net £56m into the asset manager's funds, while ...
11.04 / 14:45
markets
COST
UPS
Provident
cover
NBFC lenders find borrowing a costly affair
MUMBAI : Non-bank lenders are struggling through a spike in borrowing costs as banks have become cautious in lending to them following a regulatory warning, forcing these companies to diversify their money sources. Large deposit-taking non-banking finance companies such as Bajaj Finance and Shriram Finance Ltd, for instance, hiked their fixed deposit rates sharply this month, hoping to shore up funds that can make up for lower bank borrowings. Non-bank lenders that depend on banks for a significant portion of their borrowings are now turning to other more expensive options for funds, including deposits and bonds.
11.04 / 14:45
UPS
Digital
Mobile
economy
wellness
President
inclusion
India can maintain 8-9% GDP growth: CII president R Dinesh
New Delhi: India can maintain a consistent 8-9% GDP growth in the coming years, and even reach double-digit annual growth between FY29 and FY31 fuelled by government spending on infrastructure, and private investment, which is expected to increase significantly in the coming years, industry body Confederation of Indian Industry's (CII) President R Dinesh said. Big-ticket land and labour reforms, as well as higher spending on health and education, apart from keeping its focus on inclusive growth in the medium to long term will also propel India as one of the fastest-growing major economies, registering a consistent high growth, Dinesh said in an interview. "We believe that the economy will register over 7.5% growth in FY25.
11.04 / 14:45
UPS
Election
country
rap
Amit Shah lauds PM Modi for Uri, Balakot surgical strikes, raps Manmohan Singh's ‘silence’ on terror attacks
ghar mein ghus k marenge' jibe, while BJP leader Amit Shah mocked former Prime Minister Manmohan Singh, saying that “Singh as PM was silent on terror attacks by those from Pakistan" Union Home Minister and BJP leader Amit Shah, teamed up his statement with a praise for PM Modi ahead of the Lok Sabha polls, “Modi as PM conducted surgical strikes". Notably, former prime Minister and Congress leader Manmohan Singh retired from the Rajya Sabha this year. PM Modi had paid homage to his predecessor Dr Manmohan Singh, who governed India between 2004 to 2014.
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