UPS Financial News

In its annual results published today (4 December), the FGT board said the trust did not take its continued support from clients «for granted» and said so far «no shareholder has expressed to us any appetite for a material change in [investment] approach». Lindsell Train investment trust attempts to improve ailing share price as Nick Train backs data and tech News about the continuation vote came as the trust announced its annual results for the year to 30 September 2024 which reported that FGT's discount had widened to 8.7% in FY 2024, up from 4.4% in the same period a year prior. ...

Subscribe to enjoy similar stories. OpenAI said it would set up a new office in Zurich, Switzerland, as part of efforts from the ChatGPT maker to bolster its presence in Europe as the continent emerges as a key battleground for regulating artificial intelligence. The startup said Zurich would be its fifth location in Europe after opening offices in Dublin, London, Paris and Brussels over the past two years.

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Subscribe to enjoy similar stories. India’s growth in gross domestic product (GDP) of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It undershot even the most pessimistic forecasts.

Best juicer mixer grinders for home: Top 10 options for home made and fresh juice every dayThe Pigeon Amaze Plus Electric Kettle combines functionality with a sleek design. Its stainless steel body with a mirror-polished finish complements any kitchen style.

Subscribe to enjoy similar stories. ABOUT A YEAR before Notre Dame was set to reopen after a devastating fire, the French general tasked with overseeing the cathedral’s reconstruction, Jean-Louis Georgelin, disappeared. Georgelin, a strapping 74-year-old who had once served as President Jacques Chirac’s military chief of staff, was taking a break in the summer to trek through the Pyrénées.

Samantha Ruth Prabhu recently added a fresh update to her Instagram Stories amidst the buzz surrounding Naga Chaitanya's upcoming wedding. The actress shared a clip featuring a young girl standing up to a boy who had disrespected her. The girl confidently takes him down, ending the confrontation with a calm and composed smile. In the caption accompanying the video, Samantha wrote, “Fight Like A Girl,” inspiring her followers with the empowering message. Meanwhile, Samantha seems unbothered by the chatter surrounding her ex-husband Naga Chaitanya’s nuptials. However, recently in a media interaction, she obliquely referred to how she found gifts given by an ex “useless.” Although the actress didn’t mention a name, netizens assumed she was taking a dig at Naga Chaitanya.

open on Wednesday as investors braced for a crucial no-confidence vote by French lawmakers that will likely oust Prime Minister Michel Barnier's government. The pan-European STOXX 600 index was up 0.1% at 0810 GMT, on track for its fifth straight session of gains, after closing at a one-month high on Tuesday, with Germany's DAX rising 0.5%. France's CAC 40 was up 0.05%.

8th Pay Commission as it will help revise their basic pay, allowances, pension, and other benefits. Pankaj Chaudhary, Minister of State in the Ministry of Finance, said in response to a Rajya Sabha question that no proposal for the establishment of the 8th Central Pay Commission is presently being considered. Legislators Javed Ali Khan and Ramji Lal Suman asked whether the Centre was thinking of making an announcement about the new pay commission in the Union Budget 2025–26, which is likely to be presented on February 1, 2025. The Seventh Pay Commission revamped salary structures, allowances, and pensions, prioritising pay parity. This overhaul positively impacted both central government employees and retired pensioners

Naga Chaitanya is gearing up to marry actress Sobhita Dhulipala on December 4 in Hyderabad. Their wedding has become the talk of the town with guest-list being discussed widely. Meanwhile, an old photo from Chaitanya’s first marriage to actress Samantha Ruth Prabhu has resurfaced online, drawing attention and sparking conversation among netizens who asked the actress to delete the photo. Chaitanya and Samantha were married in October 2017, and the following month, Samantha shared a heartfelt birthday post for her then-husband on Instagram. The photo, which showed Samantha giving a peck on Chaitanya’s cheek, was accompanied by a loving caption expressing her affection and prayers for his happiness. As news of Chaitanya’s wedding to Sobhita Dhulipala gained traction, Samantha’s old post went viral, leading to a wave of comments urging her to “delete it”. Many users on social media expressed surprise at seeing the post reappear on their feeds and suggested that it was time to move on from the past. A user expressed support for Samantha, encouraging her to stay strong and reminding her that she deserves much more.

Anti-Social Activities (Prevention) Act appeared to be «draconian». The observation by a bench of Justices B R Gavai and K V Viswanathan came while it was hearing a plea filed by a man who has challenged a May 2023 Allahabad High Court order dismissing his application seeking to set aside proceedings against him pending before a district court in Kasganj in a case registered under the Act. «This Act appears to be draconian,» the apex court observed. «We will consider it,» the bench said while admitting the appeal.

Rahul Bothra, CFO, and Sriharsha Majety, MD & Group CEO, Swiggy, in conversation with ET Now post announcement of Q2 results. Bothra says while some of Swiggy competitors have been raising funds, that is mostly defensive capital. Swiggy has a very strong balance sheet with Rs 8,000 crore plus cash balance existing with us. They have a profitable food delivery business that continues to accrue cash into the treasury and the quick commerce business, which is expected to turn profitable in six to seven quarters and for which they have a substantial cash balance. So, there are no near-term fundraising plans. On the overall consolidated EBITDA loss and the net loss, which has widened on a sequential basis, what is adding to the pressure on the bottom line and when can we expect the loss to start narrowing? Rahul Bothra: If you look at our overall numbers, we have improved our adjusted EBITDA by 30% in our B2C GOV businesses over the last year with an improvement of Rs 147 crore.

«I think that overall conditions should favour this and then March is usually a season when auto sales pick up because it is the year end clearance and all that. So, all of this excess backlog will probably get cleared at that time. So, I expect this weakness to be there for the next month or so,» says Sunil Subramaniam, Market Expert. So, firstly to start off with the auto sector. Now, we all knew that December is the month when discounts will come in from auto companies to boost their sales, but how long do you see the weakness that we are seeing in the auto space right now also because of a high base will continue going forward. For how long do you expect that to happen? Sunil Subramaniam: I think it will last till the middle of February, I do not see a quick turn on that because one of the things which is hurting and these are the bottom of the pyramid in the auto segment, two wheelers are the lowest priced vehicles and that is where the inflation has been hurting the consumer and hence demand at the bottom of the pyramid has been weak and I think until the monsoon forecast actually translates into lower vegetable and food prices and inflation eases.

Subscribe to enjoy similar stories. NATIONAL CLIMATE policies are a relatively recent invention. In 1997, according to the Grantham Institute, a think-tank at the London School of Economics, there were 60; by 2022 the number had risen to almost 3,000.

HEG and Graphite India, surged 14.2% and 7.5% respectively on Wednesday following China’s decision to implement a stricter review process for graphite exports to the U.S. This move raised expectations that the restrictions could increase demand for Indian graphite producers. HEG’s shares jumped 14.2% to a four-year high of Rs 569.70 on the BSE, while Graphite India rose 7.5% to Rs 613.05.

Jamie Lee Komoroski, the South Carolina woman who admitted to drinking and driving more than twice the speed limit when she crashed into a golf cart and killed a bride last year, will now spend up to 25 years in prison.

«I would simply say in conclusion that Donald Trump does not like a strong dollar. When he talks about the dollar, he says he would want it to go down. So, if it does keep going up, I think that he would not like that very much,» says Mark Matthews, Julius Baer. What looks like a buy America, sell emerging market trade looks like it is reversing. In last couple of days, emerging markets and especially India, they have made a comeback. So, do you think the transition what we saw after Donald Trump got elected, that long dollar trade, is that getting over? Is that getting rusty? Mark Matthews: Hard to say. There are so many moving parts to this incoming administration. But on a fair value purchasing power basis, the dollar is slightly overvalued. So, fundamentally, it should not go up anymore. But if this Trump administration really ignites the animal spirits of the US economy, if they remove sanctions, which they may do, which would attract more buying of treasuries, and if they introduce tariffs, all of that would conspire to the dollar going up more.

Tube Investments of India Ltd. traded at Rs 3621.35 on BSE at 12:19PM (IST) on Wednesday, 0.02 per cent from previous close. The scrip quoted a 52-week low price of Rs 3258.95 and a high of Rs 4807.05.

Ben Affleck is reportedly gearing up to remove his infamous back tattoo as part of a post-divorce transformation, a move that's expected to stir reactions from his ex-wife Jennifer Lopez. The 52-year-old actor, who first unveiled the enormous phoenix tattoo in 2016, is said to have had a change of heart about the controversial ink. Now, according to reports, it is being claimed that this move might ruffle the feathers of his ex-wife, Jennifer Lopez. According to Radar Online, Ben Affleck initially claimed the Phoenix tattoo was fake before admitting it held personal meaning and faced criticism for the design throughout his short-lived marriage to Lopez. The singer-actress, known for her outspoken nature, had openly expressed her dislike for the tattoo, reportedly urging Affleck to remove it during their time together. However, he allegedly resisted her requests, seeing them as intrusive.

When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limbo

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business