UPS Financial News

06.08 / 22:42

markets UPS Waves Trade CIBC stage track Stocks stage bullish comeback following $6.5T selloff

A renewed wave of dip buying spurred a rally in stocks after a roughly $6.5 trillion selloff that shook markets around the globe.

06.08 / 22:37

markets UPS Strategy wellness Trade show More advisors offer advice for keeping cool in a market storm

It was a busy Monday for financial advisors, many of whom were forced to spend hours on end talking clients down from proverbial ledges as the stock selloff gained steam.

06.08 / 22:31

UPS Highways Dangerous person alert issued in Alberta’s Wheatland County for 2 suspects: police

Strathmore RCMP issued a dangerous person alert for Wheatland County on Monday over what it called two armed and dangerous suspects.

06.08 / 22:31

markets UPS Provident Trade 2020 reports Market jitters spark 401(k) trading

Monday’s market drop got to some retirement investors, who responded to the volatility by selling large cap stock and target-date funds and stable-value, bond-, and money-market funds.

06.08 / 22:03

UPS Trade country reports rowing mountaineering Trans Mountain pipeline helps fuel Canada's surprise trade surplus in June

Canada unexpectedly recorded a $638 million trade surplus in June as an expanded crude oil pipeline and surging global demand for gold drove exports higher.

06.08 / 20:30

UPS Compilation economy show Updates International Work demand falls sharply under MGNREGS in July

monsoon showers that typically causes migration of unskilled workers to agriculture. Work demand under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) usually drops when better-paying employment opportunities are available with strong economic growth. About 22.80 million individuals demanded work in July under the scheme, down 21.6% from a year earlier, showed the preliminary data compiled by the rural development ministry. With this, the work demand contracted for a ninth straight month through July, showed the data. The individuals represented 18.90 million households in July, down 19.5% from a year before and 28.4% from the previous month.

06.08 / 19:55

markets UPS Google Action Mobile Apple Courts Why Google faces the slice, not the chop

antitrust action that allow Google to take the US ruling on search in its stride. Establishing market dominance and imposing correctives takes time in court, which allows the market leader to offer concessions in a negotiated settlement. Google can very well afford to not be the default search engine on smartphones running on Android and iOS and still continue to dominate the mobile search segment.

06.08 / 19:37

UPS security WhatsApp reports Coal India, GAIL sign JV to set up unit to convert coal into synthetic natural gas

Coal India Ltd and GAIL (India) Ltd have signed a pact for setting up a coal-to-synthetic natural gas plant using surface coal gasification technology in Raniganj area of West Bengal. The plant's capacity is slated at 633.6 million Nm3per hour (Normal cubic metre), which will require 1.9 million tonnes of coal, the coal ministry said in a statement. The partnership of the two state-owned companies is a part of the National Coal Gasification Mission which facilitates utilization of chemical properties of coal.

06.08 / 19:34

UPS WhatsApp reports Farmer finds 16.10 carat diamond in Panna mine

farmer and three others found a 16.10-carat diamond in a mine in Madhya Pradesh's Panna district on Tuesday, officials said. Dilip Mistry, the farmer who had leased a piece of land in Jaruapur area for excavation with his three associates, said he would use the money from the diamond's auction for improving his family's finances.

06.08 / 19:20

UPS Provident security Research reports recommendations Becoming an investment advisor is about to get a lot easier

₹1 lakh for up to 150 clients, ₹2 lakh for 150-300 clients, ₹5 lakh for 300-1,000 clients and ₹10 lakh for more than 1,000 clients. RIAs and RAs presently charge fees under two modes—assets under advice (AUA) mode (limit of 2.5% of AUA per annum per family of client) and fixed fee mode (limit of ₹1,25,000 per annum per family of client). If they wish to change the mode, the same can be effected only after 12 months since the last change of mode.

06.08 / 19:15

markets UPS wellness Cycling reports Posthaste: Bank of Canada seen cutting interest rates faster as markets panic

If you hadn’t heard of the Sahm Rule before, you’ve probably heard of it now.

06.08 / 19:14

markets UPS security economy community reports Markets are counting on the Fed to head off recession with sizeable interest rate cuts

In the market's eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat the mistakes of its recent past — when it was too late seeing a coming storm.

06.08 / 18:26

UPS security CIBC innovations information rights CIBC plans to hire more than 200 people in AI, data jobs

Canadian Imperial Bank of Commerce plans to hire more than 200 employees in data and artificial intelligence over the next year as it expands its use of generative AI.

06.08 / 18:17

UPS CEO Mobile Indus show rights Airtel's data centre business Nxtra, Indus Towers merger unlikely: CEO Vittal

₹5,000 crore on data centres over the next few years, Vittal said, which is similar to the capex it had outlined in 2021 for three years. Having postponed its call for a ₹15,000-crore rights issue due to strong cash reserves in the business, the Sunil Mittal-promoted carrier will look at paring expensive debt and distributing dividends to shareholders, as a mix to channel the future free cash flows. The telco paid ₹24,250 crore high-cost spectrum dues from the 2012 and 2015 auctions.

06.08 / 18:17

COST UPS economy Food pandemic Canada's economy is tanking, but at least investors have options

The Canadian economy is in some serious trouble if it stays on its current trajectory, as it has had the worst growth out of 50 developed economies since 2019.

06.08 / 18:14

UPS Photography Xiaomi Motorola performer Features Videos Flipkart Flagship Sale: Best deals on premium smartphones - iPhone 15 Plus, Xiaomi 14 CIVI and more

Flipkart Flagship Sale highlights major discounts on smartphones from renowned brands such as Nothing, Apple, Samsung, Vivo, Motorola, and more. It is the perfect opportunity if you are in the market for a premium smartphone with great deals and offers. Here is a list of premium smartphones with attractive discounts available on Flipkart.This Motorola phone is available at ₹54,999.

06.08 / 17:59

UPS pandemic President 2020 Schools rights Tim Walz: Kamala Harris taps Minnesota governor as VP pick, sources say

Kamala Harris picked Minnesota Gov. Tim Walz to be her running mate on Tuesday, according to three people familiar with the decision.In choosing Walz, she is turning to a Midwestern governor, military veteran and union supporter who helped enact an ambitious Democratic agenda for his state, including sweeping protections for abortion rights and generous aid to families.Harris hopes to shore up her campaign’s standing across the upper Midwest, a critical region in presidential politics that often serves as a buffer for Democrats seeking the White House.

06.08 / 17:56

markets UPS security Analysis Dreams reports The downside of financings from the Bank of Mom and Dad

By Murtaza Haider and Stephen Moranis

06.08 / 17:10

UPS Provident Xiaomi performer Features Updates boating 2024 Raksha Bandhan gift ideas: Xiaomi Pad 6 tablet, boAt Nirvana Ion earbuds and more

₹25,999, instead of ₹41,999. It is powered by a Snapdragon 870 Octa-Core processor, complemented by the Adreno 650 GPU and Qualcomm's AI engine, ensuring smooth performance and efficient multitasking. With LPDDR5 RAM and UFS 3.1 storage, users can enjoy fast data transfer speeds and responsive app performance.

06.08 / 17:05

markets UPS economy Trade rock Commentary Canadian markets open lower amid global selloff aftershocks

Canadian markets are catching up to a global selloff on Tuesday that rocked major stock indices around the world the day before.

06.08 / 15:56

UPS CEO economy show gatherings International Blackstone, BNY and CyrusOne to attend UK's international investment summit

The summit, scheduled on 14 October, is expected to gather around 300 industry leaders in a move to «catalyse investment in the UK», according to the UK government. Chancellor Rachel Reeves, who is meeting the three CEOs in New York this week, reiterated once again that «Britain is open for business» and added that by signing up «to our international investment summit, it shows they believe it too». «They recognise we have taken some difficult decisions to fix the foundations of our economy and set us on a path to sustained economic growth as the government's number one mission – it ...

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