UPS Financial News
15.02 / 10:15
markets
COST
UPS
economy
President
show
reports
The economy may have stuck the soft landing. Nobody wants to jinx it.
Subscribe to enjoy similar stories. The vital signs of the American economy are pointing in the same, favorable direction more convincingly than at any point since before the pandemic. Inflation is falling.
15.02 / 08:39
UPS
Booking
Man
Gap
Apple
film
Manu Joseph: Blinkit and Zepto make speedy deliveries. So why are corner stores still around?
Subscribe to enjoy similar stories. The guy who runs the kirana store in my colony has a wounded look about him because I don’t go there anymore. Things were not good between us even without that.
15.02 / 07:17
UPS
Provident
Actor
Experts
Celebrity
performer
Courts
Mint Explainer: Why celebrities can no longer use insolvency law to recover dues from brands
Subscribe to enjoy similar stories. Can a celebrity use India’s insolvency courts to recover unpaid appearance or endorsement fees? A ruling by the National Company Law Appellate Tribunal (NCLAT) on 6 February ruled 'no' on this question, providing much-needed clarity on how payment disputes in brand contracts should be legally handled. The issue came into focus after Bollywood actor Akshay Kumar Bhatia approached an insolvency court to recover dues from Cue Learn, an edtech company.
15.02 / 01:59
UPS
Charity
wellness
Bill
President
beautiful
Adult kids are getting their inheritances sooner. How parents are doing it.
Subscribe to enjoy similar stories. As the young generation faces the biggest wealth transfer in decades, with baby boomers set to pass on $53 trillion to their children by 2045, wealthy families are taking a more proactive approach to their estate planning. Whether it’s family meetings, early conversations around philanthropic efforts, or educational programs to teach younger people how to manage future wealth, there’s more happening in the field of estate planning than ever before.
15.02 / 01:39
UPS
Google
ByteDance
TikTok
voice
Videos
TikTok’s Chinese parent has an app to replace Hollywood
Subscribe to enjoy similar stories. SINGAPORE—The company behind TikTok has developed an artificial-intelligence model that can turn a single text prompt into a high-quality video with a story line, scene changes and distinctive characters. The new AI video-creation model from Beijing-based ByteDance is generating buzz in China and a backlash in Hollywood over copyright issues.
14.02 / 08:47
UPS
Aviat
Airlines
show
rights
Videos
Investigations
A pilot’s parents work to clear his name after the deadliest crash in decades
Subscribe to enjoy similar stories. WASHINGTON—Tim and Sheri Lilley watched as a video on a large screen displayed the final seconds of their son’s life. Gray shading marked the contours of a cockpit window.
14.02 / 05:53
UPS
Man
Photos
Universities
social
Relationships
Profiles
Saudi youth couldn’t date openly a decade ago. Now Tinder is booming.
Subscribe to enjoy similar stories. Swiping through Tinder in Saudi Arabia, a profile of a woman in her mid-20s includes photos of her manicured hands holding flowers, a matcha latte, a tennis court and some art. She reveals no photos of herself.
14.02 / 05:53
markets
COST
UPS
FIVE
Manufacturing
CEO
wellness
America fell out of love with the sedan. Detroit wants to bring it back.
Subscribe to enjoy similar stories. From tail-finned land yachts of the 1960s to hulking family haulers in the 1980s and then the 1990s bestseller Ford Taurus, driving for Americans meant driving a sedan. Then SUVs and trucks won over drivers’ hearts and garages.
14.02 / 01:59
markets
UPS
Progressive
wellness
Interviews
Biocon nears full integration of biologics business after Mylan buyback
Subscribe to enjoy similar stories. MUMBAI : Biocon Ltd is close to completing the integration of its subsidiary Biocon Biologics Ltd (BBL) with itself, after making progress last quarter on buying back the minority stake, Biocon Biologics' chief executive officer (CEO) Shreehas Tambe said on Friday. The Bengaluru-based company on 14 January said it raised ₹4,150 crore ($460 million) through a qualified institutional placement (QIP) of shares to buy out Mylan Inc’s (Viatris) stake in the subsidiary.
14.02 / 01:59
markets
UPS
Provident
Software
economy
Trade
information
AI was proof of American exceptionalism. Now it’s undermining it.
Subscribe to enjoy similar stories. “An investment in knowledge pays the best interest," said Benjamin Franklin. But he didn’t have to contend with artificial intelligence.
14.02 / 01:59
COST
UPS
Trade
track
country
Saudi Arabia India’s top oil supplier in Feb as Russian flows recede after US trade deal
Subscribe to enjoy similar stories. New Delhi: Saudi Arabia has surpassed Russia as India’s top oil supplier so far this month after a price cut, signalling New Delhi’s effort to reduce imports from Moscow after its trade pact with the US. Saudi Arabia shipped 1.13 million barrels per day (bpd) in the first 10 days of February compared to 1.09 million bpd by Russia, according to data from global ship tracking firm Kpler.
14.02 / 01:59
UPS
Waters
Celebrity
social
Schools
Colleges
Anu Aga's quiet triumph over tragedy at Thermax
Subscribe to enjoy similar stories. Anu Aga is a byword in Indian business for her resilience, courage, and stoicism in the face of personal tragedies. Less celebrated is her business acumen and her surgical turnaround of Thermax, an engineering giant that was haemorrhaging value when she took the helm.
14.02 / 01:59
COST
UPS
Target
security
Discover
track
country
Railways on a green track—eyes 3GW renewable energy for ₹18k crore
Subscribe to enjoy similar stories. New Delhi: In what will rank among the largest green energy tenders in the country, the Indian Railways plans to invite bids for 3 gigawatt (GW) renewable energy projects worth ₹18,000 crore in the next fiscal, according to two government officials aware of the development. The move is a part of the behemoth's playbook to become a net zero carbon emitter by 2030 while also significantly slashing its fuel costs.
14.02 / 01:59
14.02 / 00:15
markets
COST
UPS
CEO
Food
country
reports
Over with GST transition pain, FMCG cos now eye a long-term recovery
Subscribe to enjoy similar stories. India's fast moving consumer goods (FMCG) sector majors faced a challenging quarter with the implementation of the goods and services tax (GST) rate cuts and the country's new labour codes being the key levers controlling the outcomes. GST 2.0 was expected to boost consumption, as consumers waited for price cuts to kick in from September.
13.02 / 13:41
markets
COST
UPS
Manufacturing
Platform
reports
Mint Explainer: Can AI robots fix manufacturing’s toughest automation problems?
Subscribe to enjoy similar stories. On 12 February, deeptech robotics company Cyn:Lr launched its Object Intelligence platform, which allows its robots to pick up, manipulate and work with objects without previously being trained on data. The startup said its robotic arms are already being used in places and tasks where traditional automation has proved difficult, requiring manual labour.
13.02 / 13:41
UPS
Citi
Strategy
economy
Department
recommendations
Traffic
Mint Explainer | Why Niti Aayog recommends congestion pricing to discourage excess usage of private vehicles
Subscribe to enjoy similar stories. NEW DELHI: A Niti Aayog study on decarbonizing India's transport sector published earlier this week called for congestion pricing to disincentivize private vehicle ownership. Congestion pricing is a strategy to charge vehicle drivers a fee to enter high-traffic urban areas during peak hours.
13.02 / 13:41
markets
COST
UPS
Provident
Aware
PSU banks eye infra bond issuances, await softer yields
Subscribe to enjoy similar stories. MUMBAI : State-run lenders, including Canara Bank, Bank of Baroda, Bank of Maharashtra and Bank of India, are preparing to tap the debt market through infrastructure bonds in early March, but are holding off the issuances as they wait for borrowing costs to ease, three debt merchant bankers aware of the discussions told Mint.
13.02 / 09:45
markets
UPS
Provident
Google
Research
Tapestry
love
How AI is disrupting shopping
Subscribe to enjoy similar stories. The time of year has come again when gift-givers trudge around shops and scroll endlessly through e-commerce websites to find suitable Christmas presents for their loved ones. Some will enjoy browsing.
13.02 / 09:45
UPS
Manufacturing
Fighting
War
country
social
innovations
What’s worse for innovation: MAGA or Mao?
Subscribe to enjoy similar stories. PITY THE young, for the world is run by old men. President Donald Trump (79) and China’s ruler, Xi Jinping (72), talk a good game about AI, robots and other futuristic marvels.
13.02 / 09:17
markets
COST
UPS
Food
show
country
fencing
America’s cattle crisis: A shrinking herd, soaring beef prices, and little relief in sight
Subscribe to enjoy similar stories. It’s late morning in Central Texas Hill Country, and a Black Baldy is prodded into a small auditorium of Western hats and dusty ball caps. Her dark coat and stark white face is typical of this cow breed known for easy calving and attentive mothering.
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