UPS Financial News

29.02 / 15:03

UPS economy Trade Celebrity country Schools Destinations Anant-Radhika wedding will kick off 'wed-in-India' economy

Anant Ambani, a son of Reliance Industries Chairman Mukesh Ambani, and Radhika Merchant, daughter of industrialist Viren Merchant, has an important economic significance. The wedding celebrations will begin on March 1 in Jamnagar, Gujarat, while the couple will tie the knot on July 12. Anant has grown up in Jamnagar so the venue has significance for the Ambani family. But Anant has also said that he was inspired to choose Jamnagar by Prime Minister Narendra Modi's 'Wed in India' call. «It's a matter of pride and happiness when our PM said that one should get married in India,» he said.

29.02 / 15:03

markets UPS Manufacturing Platform Trade 2020 International Suven-Cohance Lifesciences merger announced to create 1st listed PE-led contract manufacturer in Indian pharma

Advent International on Thursday announced the merger of privately held Cohance Lifescience with listed Suven Pharma to create the 1st private equity led listed contract manufacturing company, making it one the largest largest such home grown CDMO platform Divi’s Lab’s For every 295 shares of Cohance, 11 new shares of Suven will be issued, the companies said in a statement after the Suven board meeting. Suven has been 50% owned by Advent with the remaining with public and institutional shareholders while Cohance is wholly owned by the PE group. Now post merger, Advent will own 66.7% in the combined entity and the public shareholders the rest.

29.02 / 15:03

COST UPS Manufacturing economy Experts Indian economy grows 8.4% in Q3FY24; full-year estimate up to 7.6%

Indian economy recorded a faster-than-anticipated expansion of 8.4% in the third quarter of the year compared with 8.1% in the second and 8.2% in the first quarter, according to official data released Thursday. The jump in growth numbers pushed FY24 growth to 7.6%, up from 7.3% estimated in January. “Overall, the Indian economy ticks all the boxes in the right way,” said chief economic advisor V Anantha Nageswaran.

29.02 / 13:56

markets UPS community Bill social testing Legislation allowing recreational marijuana sales in Virginia heads to GOP Gov. Glenn Youngkin

Virginia lawmakers have passed legislation that if approved by Republican Gov. Glenn Youngkin would allow recreational retail sales of marijuana to begin next year

29.02 / 13:56

UPS Provident Williams Tesla country travelers Ford electric vehicle owners can now charge on Tesla's network, but they'll need an adapter first

Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but there’s a hitch

29.02 / 13:56

UPS economy Death President prevention Soviet ex-premier Nikolai Ryzhkov, who vainly tried to prevent USSR's economic meltdown, dies at 94

Former Soviet Prime Minister Nikolai Ryzhkov has died at age 94

29.02 / 13:56

UPS Netflix awards audience song reports International How Chinese science fiction went from underground magazines to Netflix extravaganza

For a few days in October 2023, the capital of the science fiction world was Chengdu, China

29.02 / 13:56

markets UPS DOW NVIDIA How major US stock indexes fared Wednesday, 2/28/2024

Stocks drifted lower on Wall Street on a down day for tech stocks

29.02 / 13:56

UPS Provident Cooper economy Boxing country Western Balkans leaders pledge to speed up reforms for EU growth plan

The leaders of Western Balkan countries have agreed to speed up regional cooperation to benefit more from a new European Union plan of financial aid that will help provide a faster road to membership

29.02 / 13:56

UPS CEO NVIDIA Research wellness President Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos and tech giants

ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure

29.02 / 13:55

UPS Provident Digital Fighting information Courts Digital outlets The Intercept, Raw Story and AlterNet sue OpenAI for unauthorized use of journalism

News industry lawsuits are piling up for OpenAI, the company behind artificial intelligence-fueled chatbot ChatGPT

29.02 / 13:55

COST UPS Opinion wellness President reports Federal Reserve's preferred inflation gauge picked up last month in sign of still-elevated prices

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month

29.02 / 13:55

UPS economy Food show reports Department US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate

29.02 / 13:55

UPS Provident Parke track prevention Features US looks at regulating connected vehicles to prevent abusers from tracking victims

The agency that regulates U.S. telecommunications is considering a rule that could stop domestic abusers from tracking their partners through vehicles that are connected wirelessly

29.02 / 13:55

UPS EBAY Enterprise Trade Pharmaceuticals Boston Beer, Urban Outfitters fall, Alcon, Axon Enterprise rise, Wednesday, 2/28/2024

Stocks that traded heavily or had substantial price changes on Wednesday: Boston Beer, Urban Outfitters fall, Alcon, Axon Enterprise rise

29.02 / 13:55

UPS Citi Action Sustainability Food Courts New York AG says meat producing giant made misleading environmental claims to boost sales

The giant meat producer JBS was accused of making misleading claims about its greenhouse gas emission goals to boost sales among environmentally conscious consumers in a lawsuit filed by New York Attorney General Letitia James

29.02 / 13:55

UPS Platform pandemic travelers Courts Major Amazon merchant aggregator Thrasio files for bankruptcy as it looks to cut debt

A major third-party seller on Amazon has filed for Chapter 11 bankruptcy protection

29.02 / 13:55

UPS Airlines Strategy Trade Experts show reports Surge in Wendy's complaints exposes limits to consumer tolerance of unstable prices

A social media backlash to media reports that said fast-food chain Wendy’s had plans to increase menu prices during its busiest hours shows a limit to where, when and for what U.S. consumers will trade more cash for convenience

29.02 / 13:55

UPS Cycling track Olympics International Sporting athletics Olympic champion Michael Johnson looks to form a new track league

Olympic champion Michael Johnson is starting a new track league he hopes will help athletes earn more exposure and money in a sport that struggles for attention in between Olympic cycles

29.02 / 13:55

UPS Citi Google social reports rights Struggling to stop illegal cannabis stores, New York governor asks online sites to hide them

Since New York legalized marijuana in 2021, unlicensed pot shops have proliferated across New York City, with limited pushback from authorities

29.02 / 13:55

UPS security awards Bill cover reports Courts Appellate judge refuses to halt Trump's $454 million fraud penalty while he appeals

A New York appellate judge has refused to halt collection of Donald Trump’s $454 million civil fraud penalty while he appeals

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