UPS Financial News

Brazil soccer has extended its kit deal with Nike by 12 years to 2038

The fatal shooting of UnitedHealthcare's CEO has opened the door for many people to vent their frustrations and anger over the insurance industry

Super Micro Computer said on Friday it has received an extension from the Nasdaq till Feb. 25 to file its delayed annual and quarterly reports, sending the AI server maker's shares up 5% in extended trading. Last month, Super Micro named BDO USA as its auditor and submitted a compliance plan to the stock exchange to file its annual and quarterly reports, after its listing came under threat when it failed to file its annual report in August. The company in August cited a need to assess «its internal controls over financial reporting» for the delay, a day after Hindenburg Research disclosed a short position.

Elon Musk's Grok AI chatbot is no longer tied behind a paywall and can now be accessed by all users for free. Grok was first launched by Musk's xAI in 2023 and was closely integrated with X (formerly Twitter), but users had to purchase an X premium subscription in order to get access to the chatbot, unlike many of its peers like ChatGPT, Gemini and Claude. While xAI is yet to issue a formal statement confirming the availability of Grok for all users, many users have shared their experience on gaining access to Grok without purchasing an X premium subscription. We can confirm that Grok AI has indeed rolled out to our X feed. However, since this feature is available for all users, it does come with some limitations.

Bob Fernandez thought he'd go dancing and see the world when he joined the US Navy as a 17-year-old high school student in August 1941. Four months later he found himself shaking from explosions and passing ammunition to artillery crews so his ship's guns could return fire on Japanese planes bombing Pearl Harbor, a Navy base in Hawaii. «When those things go off like that, we didn't know what's what,» said Fernandez, who is now 100. «We didn't even know we were in a war.» Two survivors of the bombing — each 100 or older — are planning to return to Pearl Harbor on Saturday to observe the 83rd anniversary of the attack that thrust the US into World War II. They will join active-duty troops, veterans and members of the public for a remembrance ceremony hosted by the Navy and the National Park Service.

CISF has set up a quality control unit to «enhance» the «operational efficiency» of its aviation security wing that provides a counter-terrorist cover to 68 civil airports of the country. An spokesperson for the paramilitary force said on Saturday that the Internal Quality Control Unit (IQCU) will play a «crucial» role in establishing «world-class» security procedures and technology for the airports that are used by lakhs of domestic and international passengers every day. The initiative is in compliance with the National Civil Aviation Security Quality Control Programme (NCASQCP) of 2024 issued by the Bureau of Civil Aviation Security (BCAS) and the Aircraft (Security) Rules of 2023, he said. The BCAS, under the civil aviation ministry, frames security policies for the Indian civil aviation sector.

economic growth rate, the markets maintained a positive bias throughout the week. Further, a positive turnaround from FIIs to India in expectation of a dovish monetary policy by RBI supported the sentiment. During the week, as many as 89 smallcap stocks have delivered double-digit weekly returns with eight of them offering gaining over 25%.

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing's curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel told customers last month it had declared force majeure and suspended deliveries of four types of adhesives and lubricants widely used by automakers, according to a Nov. 8 letter to clients reviewed by Reuters. Henkel uses the silvery metal to make its Bonderite and Teroson-branded products, core parts of the company's adhesive technologies division, which brought in 10.79 billion euros ($11.4 billion) in revenue last year.

friendly policing' and said the concept does not mean being friendly towards murderers, economic offenders and land grabbers. «Redefine friendly policing. Criminals should be scared of the police. Land grabbers, drug offenders, those who illegally occupy water bodies, and criminal-minded persons should be fearful of police. Frighten such people and be friendly with victims (seeking justice). Respect for police goes up then,» he said. In an apparent reference to the arrest of BRS MLA P Kaushik Reddy for allegedly obstructing, threatening and abusing a police official here, he said police should act tough with those who behave disrespectfully towards them.

Subscribe to enjoy similar stories. ON December 5th a Long March 6a rocket blasted off from Taiyuan Satellite Centre, in Shanxi province in northern China. Aboard was the third batch of satellites for the Qianfan, or “SpaceSail" network, which aims to deploy a “mega-constellation" of thousands of satellites to beam fast internet access to users anywhere in the world.

Subscribe to enjoy similar stories. On the surface, this newly listed water management stock may look like the biggest story to watch out for in 2025. Why, you ask? It belongs to the red-hot water management sector, and we recently explained why stocks involved in this industry could make big moves in 2025.

Reserve Bank of India's (RBI) first cut in the cash reserve ratio (CRR) since March 2020 is likely to provide much needed liquidity to the banking system, cooling off bulk deposit rates and lift core profitability of lenders by up to 5 basis points, bankers said. One basis point is a hundredth of a percentage point.

Naga Chaitanya exchanged vows with a lavish wedding in Hyderabad on December 4. Joyful images and videos of the couple are circulating across social media platforms. Adding to the buzz, Chaitanya’s sister, Samanta, reshared a clip highlighting why their father appeared ‘upset’ during the ceremony. In a photograph posted by Sobhita’s makeup artist Shraddha Mishra, Samanta is seen seated beside her sister and father, who are engaged in performing wedding rituals. While Sobhita beamed with happiness, her father’s serious expression caught the eye. The picture was captioned, «My happy bride with her bridesmaid.» Sharing the image on her story, Samanta humorously added, “My dad was pissed (laughing emoji)," sparking curiosity among fans about what might have unfolded during the cheerful occasion.

TikTok, which is owned by Chinese company ByteDance, have prompted the U.S. government to pass legislation banning the social media platform unless it is sold to a government-approved buyer. President Joe Biden signed into law legislation that gives ByteDance up to a year to divest from TikTok. The company lost its first legal effort to overturn the law on Friday, when a panel of three federal judges unanimously rejected TikTok's argument that the law violated the First Amendment. The company pledged to appeal the decision to the Supreme Court. TikTok, which boasts 170 million users in the United States, could be banned as soon as mid-January, unless it receives a court-ordered injunction that would pause the law from taking effect as the appeal proceeds. There is also a chance that President-elect Donald Trump will try to rescue the app.

Subscribe to enjoy similar stories. Till the 1980s, the Bombay Stock Exchange (now BSE) resembled the Wild West, with a cabal of brokers who brooked no resistance from regulators, running the place as they pleased. So when a former bureaucrat with no experience in capital markets was appointed to head the toothless Securities and Exchange Board of India (Sebi), still lacking statutory powers, there seemed little reason to fear anything would spoil their party.

Subscribe to enjoy similar stories. MobiKwik’s public offer will open for subscription on Wednesday with a price band of ₹265-279 per equity share, valuing the company at about ₹2,165 crore, a sharp discount to the valuation the company sought in its last attempt at the public listing back in 2021of ₹7,600 crore. The company, headed by husband-and-wife duo Bipin Preet Singh and Upasana Taku, has reduced its fundraising target to ₹572 crore, following the Securities and Exchange Board of India’s (Sebi’s) approval in September to raise ₹700 crore.

Subscribe to enjoy similar stories. India's highway toll collection growth is slowing and may fall short of the projected ₹70,000 crore in the current financial year, according to two persons aware of the development, mirroring the slowdown in the economy. While new highway alignments and a rise in the number of toll stations may take this income to around ₹60,000 crore in FY25, but the actual growth will ease to a single digit against more than 40% and 16% seen in FY23 and FY24, respectively, the first among the two persons quoted said on the condition of anonymity.

China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies th...

World War III. And, coming to occasion is a map, that has predicted some of the US cities that could be devastatingly affected by nuclear strikes on US soil, if a World War III situation indeed happened.

The National Federation of Independent Business serves up its small business economic trends index on Tuesday

The European Union has sent TikTok an urgent request for more information about Romanian intelligence files suggesting that Moscow coordinated influencers on its platform to promote an election candidate who became the surprise front-runner in the nati...