UPS Financial News

13.01 / 20:19

markets UPS Provident Manufacturing show reports China's electric car sales grow in 2024, as sales of gasoline cars plunge

Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged

13.01 / 20:19

markets UPS Manufacturing Strategy Tesla electronic reports Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn

13.01 / 20:11

markets UPS Cooper Pool Citigroup Relationships BMO signs deal with alternative asset manager to expand private credit reach

BMO Financial Group has entered a partnership with alternative asset manager Canal Road Group in a deal that will enable the latter to invest up to US$1 billion in direct lending, as the Canadian bank seeks to grow its presence in the booming private credit market.

13.01 / 20:11

UPS Provident President Kingstone show reports EV transition runs into more trouble as Transport Canada abruptly pauses rebate program

The electric vehicle transition in Canada is hitting another speed bump, as major incentive programs that shave thousands of dollars off the price tag of a new EV are being curtailed and cut short.

13.01 / 19:53

markets UPS ETF CEO MicroStrategy Trade Bitcoin Bitcoin Briefly Slides Below $90K, MicroStrategy Buys More

Bitcoin (BTCUSD) briefly dropped below $90,000 early Monday, for the first time since mid-November before recovering slightly, after a wild week of trading. Blame that on investor jitters from recent economic data that not even positive spot bitcoin ETF inflows or MicroStrategy's latest bitcoin buy could shake.

13.01 / 18:15

COST UPS Bill country reports Half of Canadians $200 or less away from not being able to pay bills: poll

The Bank of Canada’s rapid interest rate cuts have seemingly not helped Canadians feel much better about their financial pictures as MNP LTD reports a new low in its outlook on personal debt.

13.01 / 17:29

markets UPS Action President students Courts Colleges Millions had student loans cancelled under Joe Biden - despite collapse of his forgiveness plan

student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in US history. In a last-minute action on Monday, the Education Department cancelled loans for 150,000 borrowers through programmes that existed before Biden took office. His administration expanded those programmes and used them to their fullest extent, pressing on with cancellation even after the Supreme Court rejected Biden's plan for a new forgiveness policy.

13.01 / 16:53

UPS Racing Election Trade reports Carney poised to enter race to replace Trudeau as Canada's prime minister

Former central banker Mark Carney is poised to announce that he’s jumping into the race to succeed Justin Trudeau as leader of the Liberal Party and Canadian prime minister.

13.01 / 16:29

markets UPS Strategy Healthcare love reports Diddy is raging in Brooklyn jail, and Luigi Mangione is the reason for that; here's why

P. Diddy and Luigi Mangione are both detained at Brooklyn's Metropolitan Detention Center. Even while incarcerated at the Metropolitan Detention Center in Brooklyn, New York, on human trafficking and racketeering charges, P Diddy was accused of having an ego bigger than life.

13.01 / 16:29

UPS Analysis Sustainability Trade Experts reports Sustained deal flow, guidance revision signal gradual revival in demand for HCL Tech

HCL Technologies (HCL Tech) beat the analyst expectation in terms of rupee denominated net profit and margin improvement though the dollar revenue growth was marginally below the estimates. The country’s third largest software exporter revised the lower end of the FY25 revenue growth guidance to 4.5% from earlier 3.5%, implying that it was on course to report among the best growth in the top tier.

13.01 / 14:29

COST UPS Compilation economy Boxing electronic Why you may be paying to help make the mattress industry more eco-friendly

Consumers in a handful of states are paying to help make the mattress industry more eco-friendly — and more states may follow suit?

13.01 / 14:19

UPS Analysis Trade Experts reports Angel One Q3 Results: PAT rises 8% YoY to Rs 281 crore. Rs 11 per share dividend announced

13.01 / 14:19

markets UPS Digital Strategy Experts PAM Fintechs' personal loan portfolio drops 10 pc in Q2, NPAs inch up: FACE

Fintech Association for Consumer Empowerment (FACE) said the loan outstanding dropped to Rs 66,683 crore at the end of September compared to Rs 74,057 crore in June.

13.01 / 13:31

COST UPS Software show information Department Why ‘cost avoidance’ became an AI buzzword for holding down headcount

Subscribe to enjoy similar stories. Businesses are starting to link their artificial intelligence initiatives with paring back hiring plans, or so-called cost avoidance, in an effort to justify investing in the technology. Questions have loomed over whether AI can generate returns for businesses, leading corporate technology leaders to search for ways to show its value.

13.01 / 12:35

UPS Analysis Trade Experts Celebrity reports HCL Technologies Q3 Results: PAT grows 6% YoY to Rs 4,591 crore, revenue up 5%, Rs 18 dividend declared

HCL Technologies on Monday reported 6% growth in its consolidated net profit at Rs 4,591 crore for the quarter ended December 2024. The same stood at Rs 4,350 crore a year ago. Revenue from operations in the third quarter rose 5% to Rs 29,890 crore, compared with Rs 28,446 crore in the same quarter of last year.

13.01 / 12:25

markets UPS Provident USDT Platform Trade country MEXC: A simple step-by-step guide to crypto trading

13.01 / 12:13

COST UPS Fox Food President show Department It's 2025 and breakfast food prices continue to soar

Omaha Steaks president and CEO, Nate Rempe, joins Mornings with Maria to discuss the companys success and the increase in meat prices.

13.01 / 11:57

markets UPS FIVE Citizens Strategy PAM FD interest rate up to 8%: Federal Bank revises FD interest rates, adds special tenure with high interest rates, check details here

13.01 / 11:25

markets COST UPS Citi Metro Experts International How will I reach Noida airport? The big question remains as Noida Airport set to take off in a few months

Noida International Airport (NIA) in Jewar is set to open in four months. However, a critical question looms large for future passengers—how will they reach the airport? With limited public transport options currently available, concerns about accessibility are growing, a TOI report stated.

13.01 / 11:17

markets UPS Booking Extreme economy Trade Features History is foreshadowing the worst of times for markets

As we enter 2025, the general consensus is that stocks are set to deliver another year of decent returns. Most strategists contend that we will be in a goldilocks environment characterized by positive readings on economic growth, profits, inflation, and rates. This sentiment is particularly evident in the current valuation level of the S&P 500 Index.

13.01 / 11:17

markets UPS IPO security wellness performer FP Dealmakers: Bay Street raises highest amount in a decade as debt, equity markets diverge

It was a tale of two very different stories for Canadian capital markets in 2024, with activity in the debt markets reaching record highs amidst a continued decline in the equity space.

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