UPS Financial News
13.03 / 01:15
UPS
DOW
NVIDIA
Trade
testing
US stock futures steady after post-CPI rally; More inflation cues on tap
Investing.com-- U.S. stock index futures steadied in late-Tuesday trade after Wall Street indexes surged despite a stronger-than-expected reading on consumer inflation, with upcoming factory inflation and retail sales readings presenting more tests.
13.03 / 01:15
UPS
Citi
economy
Latin
Destinations
Retailer Walmex to invest around $2 billion in 2024
MEXICO CITY (Reuters) — Mexican retailer Walmex is set to invest around 34.5 billion pesos ($2.05 billion) in 2024, up 19% from previous year, according to a filing published on Tuesday.
13.03 / 01:15
markets
COST
UPS
country
information
Oil prices up on strong US demand, Fed signals in focus
By Katya Golubkova
13.03 / 01:09
UPS
Election
President
country
Courts
rights
us presidential elections
US Presidential Elections 2024: Joe Biden wins enough delegates to clinch Democratic nomination
second straight Democratic nomination Tuesday and set up an all-but-certain rematch with the predecessor he blames for destabilizing the country. Biden became his party's presumptive nominee when he won enough delegates in Georgia. That pushed Biden's count past 1,968 for a majority of delegates to the Democratic National Convention in Chicago this August, where his nomination will be made official.
13.03 / 01:09
markets
UPS
security
Enterprise
Trade
information
Updates
Stock market today: Piramal Enterprises, Tata Chemicals, Mahanagar Gas among 9 stocks under F&O ban list today
Indian stock market today: A total of 9 stocks have been banned for trade on Wednesday, March 13, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.
13.03 / 01:01
markets
UPS
BLOCK
Manufacturing
Election
Trade
Stocks in news: ITC, SBI, Kfin Tech, Vedanta, Muthoot Capital
ITC, SBI, Kfin Tech, Vedanta, Muthoot Capital among others will be in focus due to various news developments. Kfin Tech Kotak Mahindra Bank has sold 2% stake in KFin Technologies through the open market for Rs 208 crore.
13.03 / 01:01
markets
UPS
Manufacturing
wellness
Trade
Experts
Linde India rallies for second day on semiconductor sector opportunity
Linde India, an industrial and medical gas maker, as the company is seen as one of the biggest beneficiaries of the growth in semiconductor manufacturing in India. The stock jumped over 7% on Tuesday, extending the winning run to the second straight day, and is expected to go up by another 14% in the near term driven by the bullish momentum. The stock, which closed at ₹6,315.70 on the BSE on Tuesday, gained 13.2% in the past two trading sessions.
13.03 / 00:49
markets
UPS
IPO
Target
Aware
Schools
International
Ola Electric plans e-autorickshaw launch ahead of IPO
Ola Electric has finalised plans to launch an electric autorickshaw meant to be sold directly to consumers, people aware of the matter said. The vehicle is likely to be called Raahi and the company is expected to unveil it later this month, they added. The vehicle will compete with the likes of Mahindra Treo, Piaggio Ape e-city and Bajaj RE in the electric three-wheeler segment. Ola Electric has been working on the product for a couple of years as part of its wider plans to enter the commercial vehicle business.
13.03 / 00:49
markets
UPS
FIVE
security
Remark
Trade
reports
Brokers ask clients to cut leverage as selloff deepens
selloff in mid-cap and small-cap stocks has intensified of late as brokers are asking clients to liquidate their leveraged bets in the space in the wake of the Securities and Exchange Board of India's warning of froth in these shares. The recent crackdown on Dubai-based hawala operator Hari Shankar Tibrewala by the Enforcement Directorate (ED) for stock manipulation has also triggered panic among market operators, who are said to be cutting their positions, said brokers. As many as 70 stocks with more than ₹1,000 crore in market capitalisation have declined between 15% and 50% in the last five trading sessions while another 250 stocks have dropped 10-15% during this period.
13.03 / 00:49
UPS
Provident
Manufacturing
President
electronic
reports
Schools
First chip from Dholera plant by 2026 end: PSMC chairman Frank Huang
semiconductor chip from the new plant being set up by the Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarat’s Dholera, will be ready to roll out by the end of 2026, according to Frank Huang, chairman of PSMC. Speaking exclusively to ET ahead of the ground-breaking ceremony for the $11 billion project that is scheduled for Wednesday, Huang said the contours of the JV with the Tatas are yet to be finalised. “At the moment we have decided to work out the technology transfer. Later we can talk about investment,” the 74-year-old said. PSMC is a maker of memory chips that also provides foundry services to its customers.
13.03 / 00:49
markets
UPS
Citi
security
economy
Trade
innovations
What India's doing domestically is huge... global piece is icing on cake: Citigroup CEO Jane Fraser
growth has started petering out in various parts of the industrial world, particularly the US, there is an increasing likelihood of a soft landing for the major economies emerging out of the «long tail of Covid», Citigroup CEO Jane Fraser tells MC Govardhana Rangan and Bhaskar Dutta. Edited excerpts: You were prophetic about market volatility in 2022. What's in store for 2024?
13.03 / 00:49
COST
UPS
Digital
show
Inside
reports
Schools
MSME fintechs steal show as consumer lending loses fizz
Digital lenders focused on unsecured small business loans are hogging the limelight as recent regulatory actions and changes in the macroeconomic conditions have made unsecured consumer loans – the mainstay of lending fintechs so far – less attractive, industry officials said. Players like Indifi, Lendingkart, Aye Finance, Kinara Capital are expected to benefit from the growing influence of digital lenders in MSME (micro, small and medium enterprises) loans, typically dominated by banks and traditional NBFCs, they said.
12.03 / 23:11
COST
UPS
Food
reports
rights
ECB should 'make a bet' on rates before long, says Wunsch
BRUSSELS (Reuters) — The European Central Bank will have to gamble soon with an interest rate cut even though wage inflation and price rises for services are uncomfortably high, Governing Council member Pierre Wunsch said.
12.03 / 22:47
markets
UPS
Assurant
Trade
Department
Philippines says US will address concerns over garment exports held up on suspicion of forced labor
Philippine trade officials say they have received assurances that the United States will address their concerns after American authorities held up shipments of garments on suspicion that cotton was produced by forced labor in China’s Xinjiang region
12.03 / 21:27
markets
UPS
BLOCK
wellness
GBTC
Bitcoin
Green Bitcoin
Bitcoin Price Breaks Through $70k, Whilst New Cryptocurrency Green Bitcoin Raises $3m
Monday, March 11, 2024 – The bitcoin price recently broke through $70,000 in spectacular fashion, spurring on crypto traders to find the best way to gain exposure to the bull run, which is where Green Bitcoin ($GBTC) comes in after raising $3.2 million in presale.
12.03 / 21:23
UPS
Oscar
Celebrity
stage
cover
fun
stars
John Cena makes revelation on his 'naked' Oscars 2024 skit
Jimmy Kimmel hosted the Oscars 2024 star-studded night, WWE superstar and a renowned celebrity face John Cena suddenly walked in with a bizarre outfit amid screaming fans and audience at the LA Dolby Theatre.
12.03 / 21:09
UPS
coinbase
security
innovations
reports
Department
After-hours movers: Coinbase and Rackspace decline, and more
After-Hours Stock Movers:
12.03 / 21:09
markets
COST
UPS
economy
show
inflation data
Stocks, US yields climb after inflation data
By Chuck Mikolajczak
12.03 / 21:09
markets
UPS
Target
economy
Updates
Quebec forecasts record 2024/25 budget deficit, cites global conditions
OTTAWA (Reuters) — The Canadian province of Quebec on Tuesday forecast its 2024/25 budget deficit would hit a record C$11 billion from the C$4 billion forecast last November and blamed a sluggish global economy and investments in public services.
12.03 / 21:09
12.03 / 21:03
UPS
Career
Platform
innovations
Features
Updates
The Finals Season 2: Check out what we know about release date, new features, gameplay and more
Embark Studios has announced the much-anticipated release of The Finals Season 2, bringing an array of exciting updates to the popular free-to-play first-person shooter. Here's what you need to know about the release date, new content and gameplay features. Release Date
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