UPS Financial News
21.02 / 14:07
UPS
Waves
economy
Hudson
President
Interviews
International
Terence Corcoran: Not the 51st state, but maybe a ‘North American Superstate’?
In the atmosphere of political conflict created by United States President Donald Trump it is hard, even impossible, to understand what his administration’s objectives are. His confrontational style has unleashed a global wave of uncertainty and instability that is shaking nations and international institutions, from Ukraine to Europe and Asia. Nobody knows that experience better than Canadians who have been grappling with Trump’s consistent and demeaning claim to want to turn Canada into “the 51st state.”
21.02 / 14:07
UPS
CEO
Food
Trade
Loblaw
reports
Features
Loblaw to start labelling 'Made in Canada' products amid backlash against U.S.
Loblaw Companies Ltd. will start adding danglers and the Canadian flag on all products prepared in Canada beginning mid-next week as Canadian consumers shift to buying local in anticipation of a trade war with the United States.
21.02 / 14:07
markets
UPS
Progressive
Trade
show
reports
CMHC forecasts slowdown in housing starts through 2027
Housing starts across Canada kicked off the year strong, but lower immigration levels and evolving U.S. trade policies are clouding the country’s economic outlook, which has had a cascading effect on the housing market, according to the Canada Mortgage and Housing Corporation (CMHC).
21.02 / 13:47
21.02 / 13:13
21.02 / 12:11
UPS
Anthem
performer
voice
singer
Protest anthem: Did Grammy-winning singer alter Canada’s national anthem to take aim at Donald Trump's expansionist dreams?
Chantal Kreviazuk made a bold lyrical change to O Canada at the 4 Nations Face-Off final. While the hockey world celebrated Canada’s victory over the U.S., the real headline of the night belonged to Kreviazuk, who faced a chorus of boos from American fans after deliberately altering the anthem’s lyrics.
21.02 / 11:53
UPS
reports
Public sector finances in record monthly surplus but pressure continues to mount on Reeves
According to data from the Office for National Statistics (ONS), this £15.4bn surplus was £800m larger than January last year, a month in which tax receipts tend to be higher than other months because of the takings from self-assessed taxes. Combined self-assessment income and capital gains tax receipts were provisionally estimated at £36.2bn in January, up £3.8bn from 12 months before, and the highest January receipts since monthly records began in 1999. Rachel Reeves to commission full audit of 130 UK regulators in effort to slash red tape – reports AJ Bell's head of financial ...
21.02 / 10:33
UPS
Man
Citizens
President
War
Department
International
A stiff drink from the Trump fire hose
Subscribe to enjoy similar stories. When you think aloud for a living you’re lately getting a lot of wry comments like “It must be hard to come up with a topic with nothing going on." “It’s drinking from a fire hose," the journalist will reply. Meanwhile, normal people are asking: He doesn’t really think he’s a king, right? I’ve grown tired of saying, “Well, that was insane," and we’re barely a month in.
21.02 / 09:53
markets
UPS
ICE
President
Doge
Department
Elon Musk’s bold DOGE claims under fire—Did it inflate savings by 1,000x?
Elon Musk’s latest brainchild, the Department of Government Efficiency (DOGE), claims to be saving American taxpayers billions by slashing federal waste. Backed by President Donald Trump, the department boasts an eye-watering $55 billion in savings—tracked in real time on its website.
21.02 / 09:05
UPS
Provident
Man
security
Death
information
shock
After girlfriend cheated on him, techie pulls off a shocking scam to get paid leave from office
security financing operation analyst from November 2022 to December 2023, resorted to this act after struggling to focus at work due to personal distress caused by his girlfriend’s infidelity.
21.02 / 09:05
markets
UPS
President
Department
recommendations
International
Elon Musk calls for NASA ISS deorbit, says its ‘time to move on—let’s go to Mars!’
Elon Musk has urged the US government to begin preparations for deorbiting the ISS sooner than planned. «It has served its purpose. There is very little incremental utility. Let’s go to Mars,» Musk posted on X on 20 February. He later added, «The decision is up to the President, but my recommendation is as soon as possible. I recommend two years from now.»
21.02 / 09:05
markets
COST
UPS
Analysis
Trade
country
rights
Commodity Talk: Will Trump tariff on steel, aluminium trigger dumping into India? Naveen Mathur of Anand Rathi explains
India is not a major exporter of metals to the US, but any global price shift would surely impact the domestic pricing also, said Naveen Mathur, Director-Commodities & Currencies, Anand Rathi Share & Stock Brokers. We may see a glut with respect to the oversupply, he opined highlighting that the other countries may start dumping the goods into India. Edited excerpts: Do you see a significant impact on global metal prices once the Trump tariffs come into force and while India is not a major metal exporter to the US, will it have a trickle-down effect on the domestic industry? As we all know, post Mr Trump's inauguration in mid of January, the markets have been pretty volatile largely because of the policies, the global uncertainties with respect to tariffs. The tariffs would definitely push up the metal prices in the US due to restricted imports. While the excess supply in the global markets, particularly China and the EU, may cause price fluctuations, India would definitely have an indirect impact or I should say it is a mix of direct and indirect impact.
21.02 / 08:23
markets
UPS
social
Features
Traffic
Updates
Fortnite servers offline? Here’s the downtime schedule & what to expect in Season 2
Epic Games is preparing to launch Fortnite Chapter 6 Season 2, requiring temporary downtime for server maintenance. The servers will be taken offline at 2 AM ET (7 AM GMT) on February 21. During this period, players will be unable to access the game or its online services.
21.02 / 08:23
markets
UPS
Digital
Citizens
Software
RAI
This bank revises FD rates; senior citizens can get up to 8.75% interest rate for longer tenure now
Ujjivan SFB offers general (non senior citizens) customers the highest FD interest rate of 8.25% for an 18-month tenure, while senior citizens can enjoy an even more attractive rate of 8.75% for the same duration. Earlier, the highest interest rate of 8.25% was offered on a 12 month tenure. Trump-Modi MeetThe mega
21.02 / 08:23
markets
UPS
Sustainability
Election
President
BJP flags Trump's 'kickback' twist to USAID's $21 mn funding for India voter turnout
Donald Trump on Friday reiterated his charge of $21 million money being pumped into India for ‘voter turnout’ with an intent to achieve alternate election results in 2024. This time, the US President, rather upped the ante and dubbed it a ‘kickback scheme’, though he refrained from elaborating on who benefitted from it.
21.02 / 08:23
markets
COST
UPS
security
Continental
Opinion
Trump hands Europe a $3 trillion defense dilemma worthy of Hamlet
Donald Trump threatens to abandon the continent’s existing security arrangements – which it spent the best part of a century leading – and Vladimir Putin presses his advantage in Ukraine ceasefire talks where Europeans have no seat.
21.02 / 08:07
markets
UPS
Target
economy
country
Maha Kumbh will help UP economy grow by over Rs 3 lakh crore: Adityanath
Yogi Adityanath said the Maha Kumbh will help the state's economy grow by over Rs 3 lakh crore. Adityanath, speaking in the Question Hour of the budget session of the assembly, said Uttar Pradesh is making strides towards the target of one trillion dollar economy.
21.02 / 06:43
markets
UPS
security
Bill
reports
rights
NMDC’s fate hangs on outcome of Karnataka mining bill that increases royalty payable by company
Subscribe to enjoy similar stories. NMDC Ltd's shares have declined about 20% since its December high, after the Karnataka (Minerals Rights and Mineral Bearing Land) Tax Bill, 2024, was passed by the state legislative assembly. The bill, pending the governor’s approval, substantially increases the royalty payable by mining companies.
21.02 / 05:45
21.02 / 05:45
markets
UPS
Analysis
economy
wellness
Trade
Commentary
EM investors would slowly look to rebuild positions in India, be sceptical about China: Geoff Dennis
Geoff Dennis, Independent Emerging Markets Commentator, says even if the dollar gains strength again, it won't rise significantly enough to heavily impact the rupee. A strong rebound in the dollar would mainly affect currencies that have already increased a lot, such as the Brazilian real and the Mexican peso. Therefore, I would cautiously and gradually look to rebuild my positions in India, while remaining skeptical as an emerging market investor about the situation in China. Today is one of those rare days where we have not had any commentary coming in from Trump this morning with regards to tariffs. But how should one actually brace themselves, given the fact that every day you have a new addition to the tariff list? Geoff Dennis: Well, there is a lot of uncertainty about tariffs. There is a lot of uncertainty as to what we get with tariffs and when and who will be impacted by it. But at the moment, there is not a lot in the way of a new narrative. If you look at what the markets are doing with bond yields having pulled back in the US from 4.8 to 4.5 for 10 years, the dollar being weaker on the year, particularly since the middle of January, it looks to me that the peak of the Trump trade has passed. We have seen some profit taking, some rotation.
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