UPS Financial News

Despite some airlines collapsing or consolidating, Canadians air passengers can expect more seats and even some deals heading into the Thanksgiving long weekend this year.

Philipp Freise, co-head of European private equity and partner at KKR, has done his time in the industry and worked his share of long hours. 

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as risky as common stocks.

The Fitz-Gerald Group principal Keith Fitz-Gerald spotlights Costco, Palantir and Lockheed Martin stocks ahead of the market open.

‘The Claman Countdown’ panelists Brian Jacobsen and Paul Dietrich discuss the hires and layoffs rate.

Just when experts thought the U.S. economy was ready for a lullaby, it wakes up like a fire alarm at 3 a.m.

The Great Wealth Transfer is set to pass on a stunning $1 trillion from baby boomers to their heirs in the next few years, but some older Canadians are getting a head start on moving their money before they die.

Uber cannot sue the tech giant because they agreed to binding arbitration in Uber’s terms of service. The couple is pushing back, claiming that their daughter, who is under 18, was the one who agreed to the terms of service while ordering on Uber Eats.Georgia and John McGinty were sitting in the rear passenger seats of an Uber when their driver ran through a red light and T-boned another vehicle on March 31, 2022.

Consumer goods makers are sharpening their focus on packaging for daily essentials and groceries as “on-screen looks” gain prominence for enticing consumers on quick commerce platforms, executives said. These companies are overhauling packaging for a wide array of products spanning impulse items such as cookies and juices, and staples such as rice and edible oil, the executives said. “We are finding that packaging that seeks and draws attention is making a huge difference to quick commerce sales for on-screen browsing by consumers,” said Mayank Shah, vice president of Parle Products, which makes bakery products, biscuits and salty snacks. Parle has introduced ecommerce specific packs for its biscuit brands Milano and Hide & Seek.

U.S. job gains increased in September by the most in six months, and the unemployment rate fell to 4.1%, the report showed.

Aswath Damodaran, Professor, Stern School of Business, NYU, says AI is set to be a key frontier for emerging companies. If this sector grows significantly, it raises the question of whether the top five companies will remain US-based. It would be encouraging to see at least one Indian company among these leaders. Damodaran thinks Europe may struggle to produce a major player. Indian firms have a unique opportunity now, especially since China has restricted its major tech players like Tencent, JD, and Alibaba, limiting their potential to invest in AI. This creates a chance for India to capitalize on the situation, but it will require significant effort. If a prominent Indian tech company appears among the top ten global firms by market capitalization in the next decade, it would be an exciting development.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Airlines must compensate travellers for international flight disruptions based on the Canadian Transportation Agency’s rules, the Supreme Court of Canada ruled in a landmark decision for air passengers.

Kim Kardashian is requesting to free Erik and Lyle Menendez, who were sentenced to prison after their gruesome act of brutally killing their parents.

NFL star Chad Ochocinco Johnson is gearing up to face James Harrison, who is also a former NFL star, in an exhibition bout of MMA. Johnson has made an announcement regarding the news of the fight between him and another former NFL star, James Harrison, which is set to occur ahead of Super Bowl LIX. Johnson wrote on the Twitter turned X that he is excited for the fight. The two former NFL stars will face each other in an exhibition mixed martial arts (MMA) bout in New Orleans next year. The highly anticipated fight between the two NFL stars is creating confusion regarding the length of the fight, which has sparked discussions among fans. Initially, Johnson stated that it would be a three-round bout, but later Harrison said that the bout would extend up to five rounds, as reported on abc WTAE. Also Read: Barack Obama to start US election 2024 campaign for Kamala Harris against Donald Trump. Check date

However, the question remains: will there be a Uglies 2, and what can we expect from Pretties, the next installment?

green GST (goods and services tax)' on cars-where the tax rate goes up or down based on the vehicle's emission levels-will be the ideal path towards achieving carbon neutrality, said Vikram Pawah, president of BMW Group India. The gradient will incline consumers towards buying greener cars, he told ET. «Ideally there should be a green GST...the greener the car, the lower is the GST,» Pawah said on the sidelines of the launch of the BMW M4 CS high-performance sedan in Mumbai.

car sunroofs is pushing the world’s leading makers of the feature to join local partners in ramping up investments to tap this burgeoning market. Netherlands-based Inalfa Roof Systems along with its partner Gabriel India is looking to double capacity for manufacturing sunroofs in the next one year. The duo, which opened their first plant in Chennai in the first quarter of 2024, can currently produce up to 200,000 sunroofs annually. Germany’s Webasto—a global leader in openable sunroofs—has started work to nearly double production capacity in the Indian market to 950,000 units per year by 2027, from the current 500,000 units. Auto parts maker Uno Minda inked a technical licence agreement this August with Japan’s Aisin Corp., among the world’s top 10 Tier I component suppliers, to locally manufacture and sell vehicle sunroofs. “The Indian automotive market is witnessing a remarkable shift, with sunroofs rapidly becoming a sought-after feature,” said NK Minda, chairman and managing director, Uno Minda. “Sunroofs have seen multifold growth in recent years. This trend is only set to accelerate as sunroofs, once limited to larger SUVs and MUVs, are now increasingly finding their way into hatchbacks.”

Air Chief Marshal Amar Preet Singh said on Friday, adding that in terms of production capacity, India is «way behind». The officer, who took charge earlier this month, said the Air Force needs new multi-role fighter jets «as of yesterday» but a decision on the process to acquire them has been pending. In frank comments on how the Air Force fares in comparison to China, the Air chief said that when it comes to the human element, the people behind the machine, India is way ahead but lags on technology and production.

junior doctors demanding justice for the RG Kar medic on Friday evening called off their 'total cease work' at state-run medical colleges and hospitals but threatened to launch a hunger strike till death if their demands were not met by the West Bengal government within 24 hours. «We are calling off our 'total cease work' and returning to duties. But we will continue our sit-in protest. We will give the state administration 24 hours to fulfill our demands or else we will start a hunger strike till death,» an agitating doctor, Debasish Halder of Kolkata Medical College and Hospital, said. Braving the incessant drizzle, junior doctors holding one big clock in their hands reiterated their demands including the directive to form a central inquiry committee for disciplinary proceedings against alleged perpetrators involved in «threat culture» in all medical colleges of West Bengal, among others. «But the state government must not think that we are calling off our agitation as we are scared. If they think there is nobody with us, they are wrong. We have full support of the common people,» he said.