UPS Financial News

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

By Steve Ambler and Jeremy Kronick

The Greater Toronto Area‘s (GTA) housing crisis is intensifying, with new data revealing that high municipal fees and prolonged approval processes are driving up the cost of new homes.

The Bank of Canada likely can’t afford to continue its current pace of interest rate cuts and will have to pick up the pace at some point as soft economic data continues to come in, according to analysts at CIBC Capital Markets.

Chaired by the Bank's deputy governor for financial stability Sarah Breeden, the consortium's aim will be to identify how AI is or could be used in the sector, as well as discuss the potential benefits and the risks arising from the technology.  The consortium, which will be composed of 30 members, will also look to gather views from stakeholders to inform the Bank's approach to addressing any identified risks and challenges, and in promoting the safe adoption of AI. BlackRock and Microsoft partner for launch of $30bn AI infrastructure fund The BoE has placed a call for interest fo...

The fundraise, which opened on Tuesday (24 September), will close by 5 April 2025 for shares to be allotted in the 2024/25 tax year, with a possible extension of no later than 11 September 2025 for 2025/26 tax year shares. Launched in 2017, the £159m VCT gives investors exposure to UK scale-up businesses that show «high-growth potential» and which provide «attractive but stable returns». Puma Investments taps into 'improving economic climate' with AIM VCT launch The move came against the backdrop of HM Treasury extending the VCT Sunset Clause to 2035, a decision described by CEO of...

The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery

Honda has a long reputation for building highly fuel-efficient cars and trucks, and now it’s getting serious about EVs with the all-new 2024 Prologue

Subscribe to enjoy similar stories. Bengaluru: If you ever visit the website of the Tata Institute of Fundamental Research (TIFR), be prepared to be tested. A series of historical facts flash by.

In its latest economic outlook published on Wednesday (25 September), the OECD said UK GDP is now expected to grow by 1.1% in 2024 and 1.2% in 2025, up 0.7 and 0.2 percentage points, respectively, from the predictions made in its previous outlook published in May. Meanwhile, interim projections put the headline inflation figure at 2.7% for 2024, with that number set to further decline to 2.4% in 2025. The headline figure for inflation for 2024 remained unchanged from May, while the data for 2025 has marked a slight increase of 0.1 percentage points from previous expectations. UK ec...

Rishabh Pant returned to the international Tests in the Bangladesh series post his recovery after a serious car accident and immediately stamped his class. His brisk scores in India's first match of the series, including a century in the second innings, has brought him back to ICC Test rankings and he is in sixth position. The top 10 rankings in Tests released by ICC in Tests and ODIs saw ups and downs after some intense international cricket action. Yashasvi Jaiswal (751) has moved to fifth rankings, also helped by half-century in the first innings of the Bangladesh match. Pant is behind him at 731 rating points.

Uttar Pradesh government has undertaken a special campaign for the fast verification of the labourers registered on the e-shram portal for issuance of ration cards. The campaign is being run by the state’s food and civil supplies departments on the directives of the CM Yogi Adityanath in this regard. As per the latest data available with the food and civil supplies department, around 8.31 crore labourers have been registered. According to a press release, out of the 8.31 crore registered labourers, around 6.73 labourers have already been receiving benefits of the government ration. The state government claimed that the verification process is progressing rapidly to provide ration cards to workers registered on e-shram portals. The total number of labourers for verification is around 1.58 crore and out of it, the verification of around 1.49 crore labourers is completed. As per the release, total 26.47 lakh labourers were found eligible and 2.37 lakh labourers of them are already receiving benefits of ration. During the verification process, 122.92 lakh have been found ineligible.

Subscribe to enjoy similar stories. Delhivery Ltd is on a rocky journey as the market turf is changing for the leading logistics company in the express parcel and part truckload segments. Also, India’s third-party logistics sector is facing some headwinds amid increasing competition from established players and as online marketplaces like Meesho opt for their own delivery fleets.

Subscribe to enjoy similar stories. MUMBAI : Whatfix, a business-to-business digital adoption platform, is on track to achieve profitability within the next six months as it prepares for a possible public listing in two years, its co-founder and chief executive Khadim Batti said on Wednesday. The company, which helps enterprises onboard and train employees through software solutions, aims to hit a $100 million revenue run rate over the next 12 months, Batti said.

Nothing OS 3.0 update, keen-eyed viewers spotted an intriguing detail at the 6:54 mark. A brief shot of the Settings menu prominently displays the text "Finish setting up Phone (3)," confirming the moniker and offering a subtle nod to the unreleased handset (first spotted by Gadgets 360).The glimpse also provides a few design clues.

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

The Memebet token ($MEMEBET) ICO is heating up, and to celebrate its early success, the project has announced massive airdrop rewards.

bank stocks, which have lost weight in the Nifty 50 index by 430 bps in over a year. Investment-oriented themes like cement and building materials have also gained meaningfully post Covid and are currently at their decadal high levels.

Rahul Gandhi on Wednesday slammed the BJP over its MP Kangana Ranaut's remarks calling for bringing back the three farm laws and demanded that Prime Minister Narendra Modi must clarify whether he was opposed to the comments or is «upto some mischief». Gandhi asserted that any attempt to revive the farm laws will be met with opposition from the INDIA bloc. Ranaut on Wednesday withdrew her remarks calling for bringing back the three farm laws and said those were her personal opinions and did not represent the party's stand. The actor-politician said she must remember that she is not only an artiste but also a BJP member now and her statements should be in line with her party's policies.

ADF Foods Ltd.(up 4.75%), JHS Svendgaard Laboratories Ltd.(up 4.29%), Mrs. Bectors Food Specialities Ltd.(up 1.09%), Prataap Snacks Ltd.(up 1.06%), Nakoda Group Of Industries Ltd.(up 1.03%), Patanjali Foods Ltd.(up 0.95%), Heritage Foods Ltd.(up 0.60%), Hindustan Foods Ltd.(up 0.57%), Honasa Consumer Ltd.(up 0.50%) and Bikaji Foods International Ltd.(up 0.09%) stood among the top gainers.

India Power Corporation Ltd.(up 9.96%), Ravindra Energy Ltd.(up 5.00%), KPI Green Energy Ltd.(up 5.00%), GE T&D India Ltd.(up 5.00%), Indo Tech Transformers Ltd.(up 4.79%), Hitachi Energy India Ltd.(up 4.28%), Power Grid Corporation of India Ltd.(up 3.92%), KEC International Ltd.(up 3.66%), CESC Ltd.(up 2.58%) and Power and Instrumentation(Gujarat)Ltd.(up 2.00%) stood among the top gainers.