UPS Financial News

US presidential election is set to be a tight contest, with the first polls closing at 6:00 p.m. EST on Tuesday and the last at 01:00 EST on Wednesday. The winner may be named late on election night or early the next morning. The race between Democratic Vice-President Kamala Harris and Republican Donald Trump has been neck-and-neck for weeks, and narrow victories could lead to recounts.

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Subscribe to enjoy similar stories. Owners of nuclear power plants had been riding high on hopes that they could sign lucrative contracts with tech companies to sell always-available power. A ruling from the Federal Energy Regulatory Commission won’t extinguish those prospects, but does throw a bit of cold water on them.

According to data from LSEG, Schroders' share price is down 13.9% so far today, the sharpest drop since March 2020. In a trading statement today (5 November), the FTSE 100 firm said assets under management had reached a record-high of £777.4bn at the end of September, up from £773.7bn in the previous quarter. Net outflows, which included £2.6bn in redemptions from joint ventures and associates, were offset by £6bn in gains from market movements, foreign exchange, and investment performance. Excluding JVs, Schroders recorded £300m in net inflows for the quarter. Schroders expands gr...

Subscribe to enjoy similar stories. MUMBAI : Tata Power Co. Ltd's shares have had a stellar run in the past year, soaring as much as 77% compared to the 25% returns of the Nifty50.

Subscribe to enjoy similar stories. Some of the world’s most-guarded semiconductor technology has ended up in China’s Huawei Technologies’ new artificial-intelligence chips, showing the limits of the U.S.’s broad attempts to thwart such hardware linkups. Core circuitry produced by Taiwan Semiconductor Manufacturing Co.

Subscribe to enjoy similar stories. Thirty-two-year-old barrister Peter Koubek and his brother Ivan, a competitive chess player a decade his junior, share a crippling loss in Sally Rooney’s fourth novel, Intermezzo. Their father, who immigrated from Slovakia in the 1980s, dies of cancer, and the vacuum beneath the placid surface of their quotidian lives in Dublin and West Ireland becomes only too apparent.

BJP has put the pollution issue at the centre stage of its campaign strategy for the Delhi Assembly polls scheduled to be held in February next year, according to party leaders. Along with this, corruption, bad condition of roads, water supply and poor infrastructure are among the issues with which the opposition party plans to target the ruling Aam Aadmi Party (AAP) in the elections, the BJP's Delhi unit chief Virendra Sachdeva said. Pollution is one of the main poll planks of the party, he said. The city's air quality has been worsening as it edged closer to the severe zone in some areas on Tuesday.

Benchmark NSE Nifty closed 217.96 points up at 24213.3 amid buying in frontline bluechip counters.

KIOCL Ltd.(up 4.92%), Lexus Granito(India)Ltd.(up 4.66%), NMDC Ltd.(up 3.64%), Ashapura Minechem Ltd.(up 2.58%), MOIL Ltd.(up 2.33%), Madhav Marbles & Granites Ltd.(up 2.16%), The Orissa Minerals Development Company Ltd.(up 1.73%), Gujarat Mineral Development Corporation Ltd.(up 1.65%), Sandur Manganese & Iron Ores Ltd.(up 1.41%) and Pokarna Ltd.(up 0.97%) stood among the top gainers.

Garuda Aerospace has signed an initial pact with agri-tech solutions provider CYOL to launch its operations in Sri Lanka, a statement said on Tuesday. This agreement marks a major milestone in both companies' growth as they expand their operations into Australia, Africa, and Asia, Garuda Aerospace said in the statement. Garuda Aerospace will collaborate with CYOL to deliver solutions for farming and technology integration, the statement said. As part of this partnership, Garuda Aerospace has officially launched its operations in Sri Lanka, further solidifying its presence in South Asia, it stated. Garuda Aerospace offers its drone solutions for various areas such as agriculture, surveillance, mapping, thermography, videography, and defence anti-drone systems,

Vistara will soon become a part of the Tata Group’s larger airline, Air India. Due to the ongoing merger of Vistara with Air India, reservations for all Vistara-operated flights scheduled for departure on or after November 12, 2024, will be made via the Air India website. On that date, Vistara's fleet will formally merge with Air India. Many individuals have bought Visatara co-branded credit cards to take advantage of the various benefits and rewards. So, what will happen to these cardholders? Read on to discover what the FAQ page regarding the Vistara-Air India merger has to say. Air India-Vistara merger: 8 important dates, deadlines Club Vistara accountholders should know

Subscribe to enjoy similar stories. Vice President Kamala Harris and former President Donald Trump are at the top of Tuesday’s ballot. The third major player in this election is the economy, which has shaped both campaigns’ narratives and kept the race on a razor’s edge.

Subscribe to enjoy similar stories. There are currently more than 180 sectoral or thematic mutual funds in India, up three times in ten years. Their contribution in this financial year to total net equity inflows has touched nearly 50%, up from about 16% in FY 2022.

The fund was Ben Whitmore's flagship strategy but in January, both he and co-manager Dermot Murphy announced they were leaving Jupiter to set up their own venture, Brickwood Asset Management. Jupiter retains grip on star manager Ben Whitmore's Global Value Equity fund At the time Square Mile opted to suspend the Value portfolio's Academy of Fund's ‘A rating' in February while a potential deal as discussed between Jupiter and the outgoing managers for them to run this strategy on a sub-advised basis. However last week (24 October), it was revealed that Jupiter would be keeping a hol...

According to data from the British Retail Consortium, this 0.6% figure was markedly below the 1.3% three-month average and the 12-month average growth of 1%, a drop that was also reflected in food sales which, despite increasing 2.9% year-on-year in the three months to October, were well below the 7.9% growth in October 2023.  Meanwhile, online non-food sales increased by 0.4% year-on-year in October, up from an average decline of 2.5% in October last year, but still below the three-month and 12-month averages of 1.9% and 0.9%, respectively.  UK gilt yields hit 2024 high as investors ...

Subscribe to enjoy similar stories. Bodybuilding is not new in India, but women bodybuilders still manage to raise eyebrows and pique curiosity. A common question that’s lobbed at women bodybuilders is ‘why?’.

Addressing a meeting in Shirsuphal in Baramati, the NCP (SP) chief said the contest for the Baramati Lok Sabha seat earlier this year was difficult, as it was fought within the family, and now, after five months, people of the region will witness a similar situation. Baramati MP Supriya Sule emerged victorious against sister-in-law and Ajit Pawar's wife, Sunetra Pawar, in the general election.

Subscribe to enjoy similar stories. JK Cement Ltd has lowered its FY25 volume growth guidance for grey cement from 10% to 6-7%. It expects industry volume to grow 3-4%.

Subscribe to enjoy similar stories. The festival season that is now drawing to a close began under a cloud of dark concerns about a further slowdown in consumer spending in India. There have been stray signs of a welcome revival in some segments of the consumer market since then.

Subscribe to enjoy similar stories. It has been the highlight of most African leaders’ diplomatic calendar for nearly a quarter of a century. Ever since the inaugural Forum on China-Africa Co-operation (FOCAC) in Beijing in 2000, the triennial shindig has been treated as a barometer by analysts seeking clues about the evolving state of relations between Africa and its biggest trading partner.