UPS Financial News
13.11 / 02:03
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Wall Street indexes dip with focus on Trump policies, economic data
Wall Street's three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited anxiously for U.S. inflation data due this week. The indexes had rallied to record highs since the Nov. 5 U.S. election as investors bet on a boost to equities from President-elect Donald Trump's proposed tax cuts and the prospect of easier regulatory policies.
13.11 / 02:03
markets
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Bitcoin
Dollar holds firm ahead of US inflation, bitcoin targets fresh highs
The dollar is reaping the benefits of Republican Donald Trump's victory in the U.S. presidential election last week, with investors pricing in policies of lower taxes and trade tariffs under the incoming administration that are seen as inflationary. [US/].
13.11 / 02:03
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Schools
Polling begins for 43 seats in first phase of Jharkhand assembly elections
Champai Soren and ex-MP Geeta Kora. Polling began around 7 AM in these constituencies across 15 districts and will continue till 5 PM. However, voting in 950 booths will end at 4 pm, though people standing in the queue at that time will be able to exercise their franchise, an official said. While the JMM-led coalition is seeking to retain power riding on its welfare schemes, including Maiyan Samman Yojna, the BJP has been campaigning with its aggressive Hindutva agenda, infiltration and alleged corruption by the current dispensation.
13.11 / 01:21
markets
UPS
Target
Strategy
Healthcare
travelers
Razorpay’s funding venture to invest in early-stage B2B companies
The Bengaluru-based fintech unicorn said it wants to back 10-15 companies every year and could invest up to a million dollars in each. The company has a target of investing in at least 50 startups through this programme. Razorpay Venture Investment Programme, as it is named, will scout for opportunities in sectors like fintech, travel, healthcare, hospitality, retail and ecommerce. But the company intends to invest only in business-to-business (B2B) startups. The Reserve Bank of India-licensed payment aggregator believes that India will see 10-15 B2B unicorns getting created over the next five years.
13.11 / 01:21
markets
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Asian stocks
Asian stocks fall ahead of key US inflation data
inflation data that may further sap confidence in the pace of Federal Reserve interest-rate cuts. Stock benchmarks in Tokyo and Sydney retreated after the S&P 500 slipped following its biggest five-day advance in a year. The Bloomberg Dollar Spot Index extended its post-election rally, while the yen closed in on the closely watched level of 155.
13.11 / 01:13
13.11 / 01:05
UPS
FIVE
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Sustainability
stage
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Former Orios partners launch BlueGreen Ventures with $75 million fund to invest in early, late-stage startups
Subscribe to enjoy similar stories. Bengaluru: Anup Jain and Rajeev Suri, former managing partners of Orios Venture Partners, have launched a $75 million fund to back a mix of early and late-stage startups in fintech, climate & sustainability and consumer-driven B2C startups under their new investment vehicle – BlueGreen Ventures. “The fund size can increase up to $100 million including the green shoe option," Jain said in an interview with Mint.
13.11 / 01:05
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Standard Chartered Bank looks to raise its wealth management game in India
Subscribe to enjoy similar stories. Mumbai: UK-based Standard Chartered Bank is looking to up its wealth management play in India, hiring more relationship managers and giving a facelift to several branches in a market that has recently attracted strong interest from both global and domestic money managers. “India is a huge opportunity for the wealth business and in the next decade, the amount of wealth that will get created in India will possibly be the highest in any of our footprints," Samir Subberwal, global head of wealth solutions, deposits and mortgages, and chief client officer, Standard Chartered Bank, said in an interview on Tuesday.
13.11 / 00:39
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Inside
Will Canada Post deliver? A look inside the labour dispute, the stakes and what comes next
Canada Post workers might soon be putting down their mailbags and grabbing picket signs. The employees of the Crown corporation, represented by the Canadian Union of Postal Workers (CUPW), have been in contract talks since November 2023 — but a deal still appears to be out of reach. This week, CUPW issued a 72-hour strike notice, putting Canadians on edge just as the holiday mailing rush kicks in, and leaving them wondering: will my packages arrive on time?
12.11 / 23:35
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coinbase
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Bitcoin
prevention
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
Bitcoin rose Wednesday after the Federal Reserve's interest-rate announcement, with the U.S. central bank cutting its benchmark interest rate for the first time in years.
12.11 / 23:35
UPS
SEC
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coinbase
Election
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Bitcoin
Why Coinbase CEO Sees Trump's Win as the 'Dawn of a New Crypto Era'
Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase (COIN) CEO Brian Armstrong on Tuesday called the «dawn of a new crypto era.»
12.11 / 21:51
markets
UPS
DOW
Tesla
How major US stock indexes fared Tuesday, 11/12/2024
U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory
12.11 / 21:15
markets
UPS
Digital
Career
EVA
Videos
Harlem Season 3: Check out premiere date, cast, storyline and where to watch
Prime Video has revealed the release date for Season 3 of Harlem. The series, which follows four women balancing friendships, careers, and family, returns with new episodes on January 23.
12.11 / 21:15
markets
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Election
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PAM
After low-key support to her father Donald, Ivanka yields political power to another Trump family member; here's all about her
Ivanka Trump's absence in the US Presidential elections 2024 campaign was duly noted this time, but she was more than happy to hand over her political influence and reigns to other Trump family member, Lara Trump. However, it was expected that the reigns may end up going to another member of the family at first, as many Republican supporters believed that Tiffany Trump would have been the heir apparent.
12.11 / 21:15
markets
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Updates
Is she returning to the White House? Melania Trump takes help from Wall Street to set up the East Wing
First Lady following the victory of Donald Trump in the US Presidential Elections 2024. According to DailyBeast, John Rogers who is the Executive Vice President at Goldman Sachs and is a former adviser too during the first term of Melania Trump will be eventually assisting her during the transition period. DailyBeast reported that John Rogers holds several prestigious positions which even include the Chairman of the Board of the White House Historical Association and the Atlantic Council. Also Read: Bridget Jones: Mad About the Boy: All we know about release date, cast, trailer, where to watch and plot
12.11 / 20:15
markets
UPS
Digital
DNA
Experts
PAM
Will men become extinct? Scientists warn the possibility is huge; cite this reason
testicle mutations' could eradicate men. Given that experts claim testicles are crucial in developing the DNA component, the Y chromosome has continued to deteriorate after 180 million years, leaving men's future uncertain. Because Y chromosomes are starting to fail, scientists warn that the male species may go extinct, as quoted in a report by the Daily Star. The X and Y chromosomes, which resemble threads and contain DNA and proteins in the body, determine a person's gender in both mammals and humans. Women have two X chromosomes, whereas men have X and Y. Despite making up only 4% of a person's DNA, they may have the greatest impact on their life.
12.11 / 19:33
UPS
CEO
Airlines
Boeing
reports
International
Boeing to take several weeks to resume production of planes after the strike
Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a strike that lasted nearly two months
12.11 / 19:33
12.11 / 19:33
UPS
FIVE
Strategy
Honeywell
performer
International
Elliott takes more than $5B stake in Honeywell, advises separating automation, aerospace units
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate companies
12.11 / 19:25
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country
guidelines
COP29 climate summit: Global carbon market set to be reality soon
COP29 climate summit have managed to secure a win with an agreement on the rules for a United Nations-administered global carbon market — a move that can unlock billions for emission reduction projects in developing countries. COP29 president Mukhtar Babayev gavelled the session that approved the standards to enable the private sector and countries to trade carbon credits at the opening plenary dominated by long, gruelling backroom negotiations on the agenda of the summit after it resumed late night on Monday. «By matching buyers and sellers efficiently, such markets could reduce the cost of implementing NDCs by $250 billion a year,» Babayev said. «In a world where every dollar counts, that is essential.»
12.11 / 19:25
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