UPS Financial News

Peebles Corporation founder and CEO Don Peebles and The Bear Traps Report founder Larry McDonald analyze market trends and the state of real estate.

Passport processing times are back to normal after big delays in 2023, making it less likely travelers will miss a trip because of a stalled renewal.

Dividend kings are distinguished by their remarkable track record of consistently paying dividends to shareholders for an impressive span of at least 50 consecutive years. These companies not only distribute dividends regularly but also exhibit a commendable trend of consistently increasing them.

By Noel Randewich and Ankika Biswas

As several companies gear up to share their quarterly earnings today, all eyes are on Netflix (NASDAQ:NFLX).

Rahul Dravid did not see Indian batters replying to England's 'Bazball' in kind but he said they will not be taking a backward step in the five-match Test series beginning here from Thursday. Dravid said India will formulate their game plans as per the situations that the match throws up at them in the rubber. «I don't think we are going out there to try to be ultra-attacking. I think we look to play what's in front of us, what the situation demands.

Arabinda Rajkhowa said that the decision to dissolve and disband was taken on Tuesday. The outfit has around 700 cadres. The outfit will vacate nine designated camps and arms and ammunition will be handed over to the state government. «It’s an emotional and sad moment.

India-Nigeria ties to a «higher level,» External Affairs Minister S Jaishankar on Tuesday said India is «betting on Africa's rise» and the rebalancing and the multi-polarity of the world will not be complete until the continent takes its due place. Addressing the Nigeria-India Business Council (NIBC) here, the minister said the rebalancing and reordering of a new global order will only happen «when the core of it is economic… which is the rise of Africa has to be the economic rise of Africa.» The minister, who arrived in Nigeria on Sunday after attending the Non-Aligned Movement (NAM) Summit in Uganda, concluded his two-nation tour with an address to the NIBC.

MUMBAI : Indian markets plunged on Tuesday as global funds sold heavily in HDFC Bank Ltd and Reliance Industries Ltd (RIL), and retail investors booked profits in smaller stocks, erasing investor wealth of ₹8.56 trillion. The carnage may not be over, though: The derivatives market and the domestic fear index continue to flash signals of turbulence ahead. HDFC Bank and RIL, which command the highest weights in benchmark indices and clocked disappointing earnings in the December quarter, contributed to almost half (48.63%) of the Sensex’s 1,053.10, or 1.47%, fall to 70,370.55.

Indian cuisine around the world are now embroiled in a dispute that may well modify the old saw that links the stomach to the heart, and to add brain, intellect and IP to the mix. Restaurant chains Moti Mahal and Daryaganj each claim to be the original inventor of both butter chicken and dal makhani. While Moti Mahal is not exactly claiming to exercise IP rights over these two dishes, and thereby bar others from cooking up the dish without a licence from them, they want Daryaganj to know its place and stop claiming they invented the dishes. Moti Mahal has sought an injunction against Daryaganj using the tag line, 'Inventors of Butter Chicken and Dal Makhani'.

Route Mobile on Tuesday reported a 33% on-year jump in net profit at Rs 113.6 crore for the December quarter, helped by a Rs 15 crore exceptional gain.

market closure on Monday during a trading week already shortened by Republic Day has raised eyebrows over India's business-friendly credentials. India's market capitalisation has overtaken that of Hong Kong, where a slump in valuations is being fed by China's weak economic prospects. In contrast, India offers global investors steadier and higher growth rates over a longer horizon.

call centres are some of the steps Indian airlines are looking to implement to regain flier confidence following recent flight disruptions that caused significant inconvenience to passengers. Airlines are also calling for changes in security rules which mandate a passenger to undergo airport security checks again if they are disembarked in case of a delay. Thick fog and a non-operational runway in India’s busiest airport at Delhi severely disrupted flight schedules this winter as airline crews struggled to deal with passengers upset with delayed or cancelled flights. For instance, a passenger on-board an IndiGo airline aircraft pilot punched the pilot after the flight was delayed by over four hours. Following the incident, civil aviation minister Jyotiraditya Scindia warned airlines to improve their efficiency or risk losing customers. Budget airline Akasa Air has built-in technology features in its app which gives real time information on flight changes to passengers. “As we scale up, we are ensuring that we leverage technology for information like flight delays, gate changes immediately and transparently to our customers,” said Belson Coutinho, co-founder and chief marketing and experience officer at Akasa Air. Coutinho said Akasa Air is analysing the recent incidents at Delhi Airport to improve the airline’s SOP and incorporate the learnings into its own training module. Vimal Kumar Rai, managing partner at Commercial Excellence Partners which advises organisations on customer experience said that airlines need to set up a process where crew has a mindset of ownership and accountability.

The EPA’s newest assessment of water quality and nutrient pollution in U.S. rivers and streams shows almost no progress on cutting the nitrogen pollution that comes primarily from farm chemical runoff

The CEO of United Airlines is frustrated about ongoing manufacturing problems at Boeing, and his airline will consider alternatives to buying a future, larger version of the Boeing 737 Max

Macy’s rejected a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan

France’s privacy watchdog has fined Amazon’s French warehouse business $35 million for using an “excessively intrusive sytem” to monitor worker performance and activity

A union representing many of Germany’s train drivers has called another strike to press its demands for better pay and working hours in a bitter dispute with the country’s state-owned main railway operator

Hawaii Gov. Josh Green used his annual State of the State address to lead lawmakers and guests in a moment of silence for victims of the Lahaina wildfire

The influx of generative artificial intelligence software is transforming small businesses