UPS Financial News
02.08 / 21:29
UPS
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Highways
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Investigations
US safety agency moves probe of Dodge Journey fire and door lock failure a step closer to a recall
U.S. auto safety regulators are a step closer to seeking a recall of nearly a million Dodge Journey SUVs after a woman was trapped and died in a 2022 vehicle fire
02.08 / 21:24
02.08 / 21:08
UPS
DOW
economy
reports
How major US stock indexes fared Friday, 8/2/2024
Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation
02.08 / 21:06
02.08 / 20:58
markets
UPS
economy
pandemic
show
reports
Unemployment rise spurs fears of slowdown, yet recession signals have been wrong — so far
A surprising rise in the unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession — but it could also prove to be a false alarm
02.08 / 19:26
UPS
Remark
Opinion
audience
rapper
Features
Bigg Boss OTT 3 winner: Sana Makbul wins Rs 25 lakh prize money and trophy; Naezy among top 2
Bigg Boss OTT 3 brought an exhilarating journey that culminated on Friday, with Sana Makbul emerging victorious. The grand finale, hosted by Anil Kapoor, was a night of high drama and excitement, where Sana triumphed over rapper Naezy to clinch the coveted trophy and a cash prize of Rs 25 lakh. Sana's time in the Bigg Boss house was filled with ups and downs.
02.08 / 19:22
UPS
Platform
ByteDance
TikTok
Justice
social
information
US sues TikTok over 'massive-scale' privacy violations of kids under 13
TikTok and parent company ByteDance for failing to protect children's privacy on the social media app as the Biden administration continues its crackdown on the social media site. The government said TikTok violated the Children's Online Privacy Protection Act that requires services aimed at children to obtain parental consent to collect personal information from users under age 13. The Chinese-owned short-video platform boasts around 170 million U.S. users, and is currently fighting a new law that would force ByteDance to divest TikTok's U.S. assets by Jan. 19 or face a ban.
02.08 / 19:04
COST
UPS
Manufacturing
rights
HZL seeks Indian partner to set up manufacturing plant for zinc-based batteries
Hindustan Zinc Ltd (HZL), part of mining major Vedanta Ltd, is looking for domestic partners to set up manufacturing plants to make Zinc-based batteries in India, senior executives said in an interaction with Mint. The company had earlier announced that it had entered into a strategic partnership with US-based AEsir Technologies to explore zinc-based energy storage solutions and reduce dependency on other critical minerals. “The world is going through an energy transition, so everybody is looking for a solution and with lithium being costly, not widely available, and has safety issues, so, we thought it to be the right opportunity for the Zinc business to get into it," said Arun Misra, CEO, HZL.
02.08 / 18:57
02.08 / 18:55
UPS
Provident
country
reports
Courts
Pakistan acts on forced disappearances, offers financial help to affected families
Pakistan government on Friday decided to provide financial assistance to the families of missing persons as pressure mounted on authorities to address the issue of forced disappearances in the country. The decision was taken in a meeting of the cabinet which discussed reports of two previous committees set up to investigate the issue of missing persons, Law Minister Azam Nazeer Tarar said at a press conference. He said that families of missing persons face several economic problems and the cabinet decided to provide urgent support to them after due diligence. «A special committee will be formed to determine which families need an immediate support package, after which each [eligible] family will receive Rs 5 million,» Tarar said. «Keep in mind that this is not compensation of any kind, as there is no compensation for a human life,» the law minister clarified, adding that the assistance aimed to help them meet legal and financial challenges.
02.08 / 18:27
UPS
Trade
students
Universities
Olympics
Schools
fencing
The medical student who can’t stop winning gold medals
PARIS—Her parents are doctors. So are her siblings. Lee Kiefer is studying to be one, too.
02.08 / 18:26
UPS
security
Remark
performer
badminton
Paris Olympics 2024: Lakshya Sen makes history as 1st Indian shuttler to reach Olympic men's singles semis
Badminton Men’s Singles Round of 16 match at the Paris Olympics when 22-year-old Lakshay Sen had to go up against his Prannoy bhaiya surely made one of the most exciting matches of 2024. Sen, in the pre-quarterfinal match secured a 12-21, 6-21 win against his Olympic village roommate, HS Prannoy and became India’s final hope in badminton at the Games. Following this, Lakshya Sen on Friday stormed into the semifinals beating Taiwan’s and World No. 12 Chou-Tien Chen by 19-21 21-15 21-12, raising hopes for another shiny medal in India’s kitty.
02.08 / 18:24
02.08 / 18:14
UPS
MET
WhatsApp
Mizoram CM Lalduhoma discusses oil palm yield enhancement with DoNER Minister Scindia
Mizoram Chief Minister Lalduhoma met Minister of DoNER Jyotiraditya Scindia and discussed enhancing the yield of oil palm farmers per hectare. They met in New Delhi they discussed enhancing the yield of oil palm farmers per hectare by addressing their needs and establishing a Samadhan Centre in Mizoram.
02.08 / 18:02
UPS
Entertainment
Remark
performer
reports
Profiles
Does Elon Musk’s controversial profile picture undermine his call to defend christianity?
Elon Musk recently caused a stir on X (formerly Twitter) by saying that Christianity could disappear if people don't stand up for it more bravely. He made this comment on July 27, soon after speaking with alt-right podcaster Jordan Peterson, where Musk showed strong support for Christian values. His remark came after a controversy about the Paris Olympics, where some claimed the event disrespected Christianity with a diverse interpretation of the Last Supper, as per the reports of Yahoo entertainment. Musk had criticized the Olympic performance, calling it «extremely disrespectful to Christians» in a post from June 26. He also agreed with a comment suggesting that if the performance had mocked Muslims, it would have led to a lot of unrest. However, these claims were incorrect because the performance was actually about the Greek feast of Dionysus, not a twist on the Last Supper.
02.08 / 18:00
COST
UPS
Digital
Mobile
Cycling
performer
Features
10 Best Printers under Rs. 25,000 from Top Brands like HP, Brother and Canon (2024)
These top picks are crafted to provide maximum value and performance, making them ideal choices for anyone seeking to enhance their printing experience. Each model is designed to deliver exceptional results while staying within your budget, ensuring you get the best value for your money. So, read on to find the perfect printer that meets your needs and delivers impressive results.
02.08 / 16:34
COST
UPS
awards
Highways
country
Cabinet approves 8 high-speed corridors estimated at Rs 50,655 crore
Prime Minister Narendra Modi, on Friday approved the development of eight national high speed corridor road projects with a length of 936 km at a cost of Rs 50,655 crore, aimed at improving logistics efficiency, reducing congestion and enhancing connectivity across the country. “Implementation of these eight projects will generate an estimated 4.42 crore mandays of direct and indirect employment,” the government said in a statement issued after the meeting. The projects are spread across Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Maharashtra and Assam.
02.08 / 16:22
UPS
BLOCK
Yellow
Trade
reports
recommendations
Block deal alert: Nomura fund buys 59.70 lakh shares worth Rs 207 crore as promoters pare stakes
Genus Power Infrastructures in a block deal. The shares were purchased at a price of Rs 346.50 a piece taking the total investment at Rs 207 crore. While Nomura India Investment Fund Mother Fund was on buyer's side, the sellers were promoters Seema Todi, Banwari Lal Todi and Anand Todi who sold 26 lakh shares, 40 lakh shares and 19 lakh shares respectively.
02.08 / 16:20
markets
UPS
economy
Research
President
reports
Department
rate cut bets
Dollar hits four-month low as weak jobs data boosts rate cut bets
employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours. Employers added 114,000 jobs, below expectations for an increase of 175,000. The unemployment rate rose to 4.3%, above economists expectations that it would be unchanged on the month at 4.1%.
02.08 / 16:12
markets
UPS
Target
Digital
Platform
Instagram
social
Snap shares plummet 22% as weak outlook intensifies ad competition fears
Shares of Snap slumped 22% on Friday, after a dour forecast from the Snapchat parent reinforced Wall Street's worries that the company would continue to cede business to bigger rivals amid intense competition in the advertising space. The social media firm forecast third-quarter results below market estimates late on Thursday, blaming soft demand from advertisers in consumer discretionary sectors.
02.08 / 16:08
UPS
Target
CEO
Platform
security
reports
Zerodha Asset Management, key managerial personnel, penalised for failure to appoint CFO
penalties on Zerodha Asset Management Private Limited, commonly known as Zerodha Fund House, and its key managerial personnel, including founder Nithin Kamath. The penalties stem from the company's failure to appoint a chief financial officer (CFO) for a period of 459 days, in violation of Section 203 of the Companies Act, 2013. The company filed a suo-moto application on January 9, addressing the non-appointment of a CFO between December 20, 2021, and March 23, 2023. This filing led to the MCA's hefty penalty against the company. “The company did not have a chief financial officer till the appointment of Chintan Vasantlal Bhatt on 24.03.2023, thereby violating the relevant provisions of the act from 20.12.2021 to 23.03.2023 i.e. 459 days,” the MCA order noted.
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