UPS Financial News

UPS will become the primary air cargo provider for the United States Postal Service

When the French Riviera town of Menton prepares to host its lemon festival each year, it needs more than 140 tons of citrus for the showy floats and park displays that attract thousands of spectators

Generations of working-class Marylanders watched in disbelief this week as an iconic symbol of their maritime culture crumbled into the Patapsco River

Premier League club Everton has reported losses of 89.1 million pounds ($112.5 million) in its latest accounts

South Korea’s president has vowed not to back down in the face of vehement protests by doctors seeking to derail his plan to drastically increase medical school admissions

Asian shares are mixed after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates

Manufacturing in China expanded in March after contracting for five consecutive months

Crews continue the complicated and meticulous operation of removing the steel and concrete from the fallen Francis Scott Key Bridge in Baltimore

₹2,344 crore, this dynamic sector is forecasted to expand even further, soaring to ₹3,375 crore by 2026. According to a report by professional services network EY and Big Bang Social, the creator marketplace owned by talent management agency Collective Artists Network, 56% of the brands have already invested more than 2% on influencer marketing, and 70% of brands plan to keep their influencer marketing budget the same or increase it in 2024, with half planning to increase it by up to 10%.

₹199.55 apiece on the BSE on Tuesday after global brokerage firm Macquarie initiated coverage on the stock with an ‘Outperform’ rating. Macquarie has set Aditya Birla Capital share price target at ₹230 for the next 12 months, implying an upside potential of over 26% from Monday’s closing price and is its top pick among NBFCs.

IPL 2024, RCB Vs LSG Live Score: Faf du Plessis led Royal Challengers Bengaluru will take on the Lucknow Super Giants in match number 15 of IPL 2024. Playing in their home ground, RCB would be aiming to fire up on all fronts and claim their 2nd win of this year's IPL.

Sunteck Realty has emerged as the worst-performing stock in the sector, both over the past year and in the year-to-date (YTD) period of 2024. While the realty sector has seen significant gains, with the Nifty Realty index soaring, Sunteck Realty has shown comparatively modest performance. Over the past year, it has gained 44 percent, and this year, it is down by 4 percent, significantly underperforming the broader realty index.

Also Read: ADIA, Kotak to invest ₹2,001 crore in Prestige Group’s four housing projects In FY24, the Nifty Realty index emerged as the top-performing sectoral index, recording a fabulous return of 132%. The majority of stocks within the index experienced significant growth over the last financial year. Among the 10 constituents of the index, six saw multibagger returns, with Sobha leading the pack with a remarkable rally of 235%.

UBS on Tuesday announced a new share repurchase program of up to $2 billion, with up to $1 billion of that total expected to take place this year.

Bhavish Aggarwal, has revealed the company's new electric scooter. Named Ola Solo, it is touted to be the world's first autonomous electric scooter. «Promised you a new product and here it is! Presenting ‘Ola Solo — India's first autonomous electric scooter.’ Solo is fully autonomous, AI-enabled, and a traffic-smart scooter. Hail a ride or drive your own Solo. We will disrupt ride-hailing and local commerce!» Bhavish said in a post on X.

Sri Lanka's Cabinet has not discussed the Katchatheevu issue so far as it was never raised, a government spokesman said here on Tuesday, after India's ruling BJP blamed the Congress Party for ceding the tiny island to Colombo in 1974. «The Cabinet did not discuss it as it was never raised,» Bandula Gunawardena, the Cabinet spokesman and minister of information told reporters here today. Prime Minister Narendra Modi on Sunday cited a media report to assert that new facts reveal that the Congress Party «callously» gave away Katchatheevu island to Sri Lanka.

Chinese stocks ended slightly lower on Tuesday, as sentiment remained muted between optimism over improved manufacturing activity data and hopes for more stimulus measures. Hong Kong stocks rose, led by energy and technology shares. Xiaomi was under the spotlight, with its shares surging as much as 16%, as the electronics maker's sporty electric vehicle launched last week drew strong interest. ** At the close, the Shanghai Composite index was down 0.08% at 3,074.96, while Hong Kong's main Hang Seng index was up 2.36% ** The blue-chip CSI300 index was down 0.42%, with its financial sector sub-index lower by 0.34%, the consumer staples sector down 0.65%, the real estate index down 3.48% and the healthcare sub-index down 1.28%.

MakerDAO is currently reviewing a proposal to invest $600 million in DAI into USDe and its staked version sUSDe.

My PPF corpus of about Rs 30 lakh matures on 31 March. I can continue the account for five years and withdraw every year an amount equivalent to the annual interest earned, or I can invest Rs 15 lakh each in two Senior Citizens’ Savings accounts for me and my spouse. My income tax slab is 20%. Which option is better? Amit Maheshwari, Partner, AKM Global: A PPF account matures after 15 years from the end of the financial year in which it is opened.

Trent Ltd. traded at Rs 3898.2 on BSE at 12:17PM (IST) on Tuesday, up 0.32 per cent from previous close. The stock quoted a 52-week low price of Rs 1307.05 and a high of Rs 4243.65.

Shriram Finance Ltd. traded 0.62 per cent up at Rs 2448.0 at 12:28PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 193.94 points to 73820.61. The stock had settled at Rs 2432.7 in the previous session. The stock quoted a 52-week high price of Rs 2535.0 and 52-week low of Rs 1266.9, respectively. As per BSE data, total traded volume on the counter till 12:28PM (IST) stood at 10055 shares with a turnover of Rs 2.45 crore.