UPS Financial News

British tech magnate Mike Lynch and several other people are missing after their luxury superyacht sank during a freak storm off Sicily, Italy’s civil protection and authorities said

audit affiliates of top professional services firms after the regulator fined BSR & Associates LLP, a KPMG affiliate, ₹10 crore and banned two of its auditors for alleged lapses in audit of Coffee Day Enterprises (CDEL) where the audit firm had relied on subsidiary auditors while preparing consolidated audit reports. All audit firms have multiple audits where the firms rely on subsidiary auditors' work when preparing consolidated audit reports for parent companies. In the CDEL case, BSR & Associates had relied on the work of auditors of its subsidiaries while auditing the parent company.

Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation

Specialist cave divers working in 12-minute underwater shifts are searching for six missing passengers and crew, including British tech tycoon Mike Lynch, believed to be in the submerged wreck of a luxury yacht that was slammed by a powerful storm and ...

Jammu and Kashmir on Tuesday said that a special summary revision of photo electoral rolls has concluded, registering significant increase in women electors and first-time voters. The CEO informed that 93,000 new voters have been registered and the number of polling stations across the Union territory has also gone up by 209. «As per the Special Summary Revision-2024 completed with publication of the final electoral roll, the total number of voters stands at 88.03 lakh. These include 44.89 lakh males, 43.13 lakh females and 168 third gender electors,» the CEO said in a statement. He further said that the number of young voters in the 18 to 19 years age group has increased by 45,964, with 24,310 of them being women, even as the overall number of the women voters has also gone up by 51,142.

Azerbaijan has formally applied to join the BRICS group of developing economies, a day after Russian leader Vladimir Putin’s visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes

Former JPMorgan Chase chief economist Anthony Chan reacts to Kamala Harris saying it will be her 'Day One priority' to bring down prices despite already being in office on 'Varney & Co.'

Police divers have resumed searching for six people believed trapped in the hull of a superyacht that sank off Sicily

Tens of thousands of customers are still without power across Puerto Rico, a week after Ernesto swiped the U.S. territory as a tropical storm

The owner of 7-Eleven convenience stores has received a buyout offer for from Canada’s Alimentation Couche-Tard

To be visited during the summer of “overtourism” in 2024 means traffic jams, water problems and high housing prices

A group of authors is suing artificial intelligence startup Anthropic, alleging it committed “large-scale theft” in training its popular chatbot Claude on pirated copies of copyrighted books

Stocks closed higher, tacking on some more gains following Wall Street’s best week of the year

Two bouts of flooding in July has hampered businesses and destinations in an economically depressed section of northeastern Vermont, with some still closed as they continue to repair damage and others urging visitors, who were deterred by the weather, ...

AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial intelligence capacity in its efforts to compete with Nvidia

Tech tycoon Mike Lynch, one of six people missing from a sunken yacht off Sicily, had been trying to move past a Silicon Valley debacle that had tarnished his legacy as an icon of British ingenuity

German officials have rejected suggestions that national budget constraints could hurt weapons deliveries to Ukraine

Vinesh Phogat’s dream of winning an Olympics medal was shattered for being a mere 100 gm overweight, at least 15 brands have queued up to sign her on. There is a rush to make the Indian wrestler — and other Indian athletes who stood out at the recent Paris Games — the face of brands across categories such as packaged foods, health, nutrition, jewellery, banking and education, executives in the know said. Phogat’s endorsement fee is up to `1 crore per deal per year, from Rs 25 lakh before the games, they said. Chopra, Bhaker Also Gain “Marketers are approaching us, citing not only her performance but the grace with which she conducted herself, despite being defeated by the system,” said Tuhin Mishra, cofounder of Baseline Ventures that represents the wrestler. Despite not winning a medal, Phogat, who endorsed Nike sportswear and Country Delight dairy before the start of the Olympics, was clearly one of the standout Indian athletes, along with javelin throw silver medallist Neeraj Chopra and shooter Manu Bhaker, who won two bronze medals.

Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+

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...