UPS Financial News
18.11 / 00:59
markets
UPS
Analysis
Election
Research
Trade
War
Emerging market bonds set to take some losses
local-currency bonds is souring as investors dump bets on interest-rate cuts, fears of a tariff trade war grow, and the dollar surges. A Bloomberg index of developing-nation local debt has tumbled 3.5% since the start of October, trimming the year's gain to less than 2%. The slide has accelerated since the election victory of Donald Trump, whose «America First» policies are seen as harmful for emerging markets, and whose economic agenda has pushed up the dollar and Treasury yields.
18.11 / 00:27
UPS
FIVE
Highways
Death
country
Mint Primer: What makes Indian roads the deadliest?
Subscribe to enjoy similar stories. A road accident in Dehradun early on Tuesday last week killed six and left one critically injured. It is a stark reminder of Indian roads being the world’s deadliest, with the highest fatalities globally.
18.11 / 00:27
markets
COST
UPS
Strategy
economy
Hero Motocorp’s ride may be easy
Subscribe to enjoy similar stories. Hero MotoCorp Ltd’s shares are down 26% from its 52-week high of ₹6,246.25 per share on 24 September. It appears that the stock, too, has been suffering due to the general downturn in the stock market as there is no other apparent reason.
18.11 / 00:27
COST
UPS
Target
Action
economy
wellness
reports
How India plans to push green steel with production, purchase mandates
Subscribe to enjoy similar stories. New Delhi: The Centre is working on green steel mandates for the local steel industry, supported by government procurement and financial incentives, as the world's second-largest maker of the alloy works to prepare the sector for the future. The upcoming National Green Steel Mission is likely to mandate steelmakers to make a fixed share of their overall output green, the people cited above said on the condition of anonymity.
18.11 / 00:27
markets
UPS
Election
trends
Trade
reports
diving
Data dive: Should RBI let the rupee fall?
Subscribe to enjoy similar stories. The depreciation of the rupee has always been a political hot potato even though it is a natural trend for an emerging market. The rupee’s value is currently at a low, triggered by the strengthening of the US dollar since Donald Trump’s victory in the presidential election.
18.11 / 00:27
markets
COST
UPS
security
Strategy
2020
Vedanta’s tangled debt, dividends, demerger: Where do shareholders stand?
Subscribe to enjoy similar stories. Vedanta is one lucky company. It has a monopoly on nickel production in India, is the largest private crude oil producer and iron ore miner in India, has the lowest cost of production, and pays incredible dividends.
18.11 / 00:27
markets
COST
UPS
film
show
2020
rights
Is this stock the next big ticket for investors?
Subscribe to enjoy similar stories. If you’d asked anyone before covid about the movie exhibition business, the answer would’ve been simple: single screens were fading and multiplexes were booming. And they weren’t wrong.
18.11 / 00:27
markets
UPS
economy
Election
trends
recommendations
rights
‘High valuations won’t stop investors from buying Indian equities’
Subscribe to enjoy similar stories. India stands out as a compelling growth and transformation story, largely driven by infrastructure, with GDP growth projected at 6.5% or higher in 2024 and 2025—one of the highest growth rates of any peer economy in the world, said Stefan Hofer, managing director and chief investment strategist at LGT Bank Asia. “So, we want to buy that growth." Though, “the natural caution is the valuation," he warned.
18.11 / 00:27
markets
UPS
Aware
Strategy
Colgate-Palmolive
Diversity
rights
On a mission to change consumer behaviour, grow premium offerings: Colgate-Palmolive’s Prabha Narasimhan
Subscribe to enjoy similar stories. With its near-universal penetration, Colgate-Palmolive India is synonymous with oral care in India. However, the company is not resting on its laurels.
17.11 / 22:41
markets
UPS
Google
President
Justice
Department
Courts
Will the antitrust showdown launched under Biden turn into 'Let's Make A Deal' under Trump?
The U.S. antitrust watchdogs that pounced on Big Tech and deterred dealmaking throughout corporate America during President Joe Biden’s administration may be tamer and kept on a shorter leash by President-elect Donald Trump after he returns to the Whit...
17.11 / 22:25
markets
UPS
pandemic
students
Schools
Videos
International
Trudeau says he could have acted faster on immigration changes, blames ‘bad actors’
Prime Minister Justin Trudeau says the federal government could have acted faster on reining in immigration programs, after blaming “bad actors” for gaming the system.Trudeau released a nearly seven-minute video on YouTube Sunday talking about the recent reduction in permanent residents being admitted to Canada and changes to the temporary foreign worker program.Over the next two years, the permanent residency stream is being reduced by about 20 per cent to 365,000 in 2027.In the video, Trudeau talks about the need to increase immigration after pandemic lockdowns ended in order to boost the labour market, saying the move helped avoid a full-blown recession.But after that, Trudeau says some “bad actors” took advantage of these programs, such as employers trying to avoid hiring Canadians, schools recruiting more international students for the higher tuition money, or scams promising bogus paths to citizenship.Trudeau says that he and his team could have acted quicker once it became apparent businesses didn’t need the added labour help anymore.Trudeau says the goal of the government’s immigration reduction is to help stabilize population growth while housing stocks catch up, and then to consider gradually increasing immigration rates once again.
17.11 / 22:21
UPS
economy
President
consequences
Canada Post, union gear up for renewed bargaining with special mediator
Canada Post and the union representing striking postal workers will head back to the bargaining table on Monday, this time with a special mediator appointed by the federal government.Members of the Canadian Union of Postal Workers (CUPW) took to the picket lines Friday in a nationwide strike that has halted all mail and parcel service by the Crown corporation.Jan Simpson, president of CUPW, told Global News’s Amandalina Letterio on Sunday that talks between the union and employer are set to resume on Monday.Peter Simpson, a special mediator appointed by the federal government on Thursday, will guide the renewed negotiations.Jan Simpson said the union “looks forward to working with the new mediator,” adding that “the best collective agreements are those negotiated at the bargaining table.”A spokesperson for Canada Post told Global News on Sunday that the Crown corporation also supports the appointment of a special mediator, but added that “the parties remain far apart at the table.”“We remain committed to reaching new agreements at the bargaining table, and not through arbitration and discussions continue,” the spokesperson said.Labour Minister Steve MacKinnon said on Friday he “is not looking at any other solution other than negotiation” to end the Canada Post strike, which business groups have charged will have damaging consequences for the Canadian economy and small businesses.MacKinnon intervened this past week in port shutdowns across British Columbia and Quebec, ordering binding arbitration to get goods flowing again through maritime channels.Postal workers are seeking improvements in wages, benefits and health and safety conditions after years of stagnant pay through the COVID-19 pandemic and recovery.Canada Post
17.11 / 20:15
UPS
Gap
cover
rights
cricket
bowling
West Indies vs England Live Score: It’s a Four. West Indies at 23/0 after 2.4 overs
Venue : Daren Sammy National Cricket Stadium, Gros Islet, St Lucia West Indies squad - Brandon King, Evin Lewis, Rovman Powell, Sherfane Rutherford, Shimron Hetmyer, Romario Shepherd, Roston Chase, Shamar Springer, Nicholas Pooran, Shai Hope, Akeal Hosein, Alzarri Joseph, Gudakesh Motie, Obed McCoy, Terrance Hinds England squad - Jacob Bethell, Jordan Cox, Will Jacks, Dan Mousley, Jamie Overton, Liam Livingstone, Sam Curran, Jos Buttler, Michael Pepper, Phil Salt, Adil Rashid, Jafer Chohan, Jofra Archer, John Turner, Rehan Ahmed, Saqib Mahmood West Indies vs England Live Score: EDGED, IN THE AIR...FOUR! West Indies vs England Live Score: SIX! Shot of authority from Lewis! Archer bowls on a good length, attacks the off-pole, Evin Lewis gets the bounce at a comfortable height and pulls it across, flat and behind deep mid-wicket for a six. West Indies vs England Live Score: West Indies Shai Hope 5 (4) Evin Lewis 6 (8) England John Turner 0/6 (1) West Indies vs England Live Score: FOUR! Fluent and confident! Hard length, just around off, Shai Hope waits for it and smacks it on the up through the gap between mid off and covers for a cracking boundary.
17.11 / 20:15
COST
UPS
Provident
Digital
Fallout
guidelines
International
The collateral damage in the crackdown on loan frenzy, KYC
Subscribe to enjoy similar stories. Mumbai: The Reserve Bank of India’s (RBI) push for stricter compliance with know-your-customer (KYC) norms, and its crackdown against the ‘exuberance’ in personal loans have had an unlikely fallout: a dip in demand for off-roll workers. These are employees who work for banks and non-bank lenders but are on the payrolls of large staffing companies that supply such workers.
17.11 / 20:15
markets
UPS
Citi
wellness
trends
Rolex
country
Following a sluggish summer shopping period, luxury companies pin their hopes on winter and wedding shopping
Subscribe to enjoy similar stories. At luxury hotspots across the country, early trends point to a revival of sales momentum in the second half of the fiscal year after a lukewarm first half. There is optimism that the ongoing festive season, including weddings, will make up for lost business after luxury sales slowed early this year compared to both 2022 and 2023, according to industry experts.
17.11 / 19:47
markets
UPS
Digital
awards
Experts
International
Adani Green Energy plans $2-b fundraise via International bonds, loans
Adani Green Energy, India's largest private sector renewable power company, is looking to raise around $2 billion in the next few months in multiple tranches through international bonds and loans, according to people close to the development. The company will hit the bond market in the next few days with a $600 million issue, the people said. It had called off a $1.2-billion bond issue last month as investors demanded a higher yield due to geo-political issues then. It had last time given a price guidance for a fixed coupon rate of 7% for the 20-year bond. The pricing this time around is likely to be much higher, the people said. Yield on the 10-year US Treasury has been moving up in recent weeks, hitting its highest level since May 31.
17.11 / 19:47
markets
UPS
Cooper
Fighting
President
War
North Korea may end up sending Putin 100,000 troops for his war
Russia’s war on Ukraine if the alliance between Pyongyang and Moscow continues to deepen, according to people familiar with assessments made by some Group of 20 nations. The analysis is one of several on the evolving partnership between Russian President Vladimir Putin and North Korean leader Kim Jong Un, said the people, speaking on condition of anonymity to talk about private discussions. They stressed that such a move wasn’t imminent and that military support at that scale — if it occurred — would likely happen in batches with troops rotating over time rather than in a single deployment. Ukraine’s ambassador to South Korea made a similar assessment earlier this month. Dmytro Ponomarenko said in an interview with VOA that Kyiv expected up to 15,000 North Korean troops deployed to fight in Russia’s Kursk region – and possibly in occupied areas of eastern Ukraine – to rotate every few months.
17.11 / 17:29
UPS
Analysis
Universities
country
reports
strain
Gujarat, Rajasthan to see up to 50 pc more rain, big deficit likely in Himalayas due to climate change
climate change, according to a new analysis. The report comes at a time when countries are debating ways, at the UN climate conference in Azerbaijan, to raise trillions of dollars to help developing nations reduce greenhouse-gas emissions and adapt to climate change. The southwest monsoon will see a shift from east to west, with the normally-drier western states experiencing higher precipitation, the analysis by the Azim Premji University said. It said the southwest monsoon will bring more rain to the normally-drier western states. However, the eastern states, such as parts of the northeast, may experience reduced rainfall. This shift will further strain agricultural systems in these regions.
17.11 / 16:35
UPS
Racing
Universities
stars
Sporting
athletics
WNBA corporate sponsorship deals are growing. But not every athlete is getting their due
The WNBA has wrapped up a historic season that notched all-time viewership and attendance records while racking up brand deals and corporate sponsorships for its players along the way
17.11 / 14:11
COST
UPS
Citi
community
Trade
Schools
Amazon India moving headquarters in Bengaluru to save costs
Subscribe to enjoy similar stories. Bengaluru: Amazon India is moving its corporate headquarters from its longtime base in the northwest part of the city to close to the city's airport as part of the e-commerce and cloud computing giant's cost-cutting exercise, a development that has disturbed the idyllic setting of the bohemian residential community. Significantly, Amazon India's plan to move out of the World Trade Centre, where it occupies nearly half a million square feet of office space across eighteen of the thirty-floor building owned by Brigade Enterprises Ltd, raises questions about how the publicly-traded real estate developer would find a new tenant and on the rental income of adjoining flats.
17.11 / 14:11
COST
UPS
Target
Hasbro
Trade
country
Interviews
How the maker of Nerf guns will navigate Trump’s tariffs on China
Subscribe to enjoy similar stories. Nerf guns. Monopoly board games.
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