Wellness Financial News

U.S. Vice-President Kamala Harris urged Americans to not despair and “keep fighting” for the promise of a brighter future as she conceded her loss to president-elect Donald Trump in the U.S. election on Wednesday.

The rise in share prices among banks in the United States on hopes that incoming president Donald Trump will deliver on his promise to lower taxes for corporations, enforce fewer regulations and focus more on reshoring could rub off on Canada’s biggest lenders as well, some analysts say.

Q4 is well under way, and even if 2024 wasn’t the roughest year in financial services history this decade (we’re looking at you, 2023), it’s still been tough. Cuts are happening and hiring isn’t recovering, but there is some light at the end of the tunnel.

As we noted two weeks ago, there was some upset in Citi's London debt capital markets team last month when four popular and senior debt capital markets (DCM) bankers (Colm Rainey, Christian Rose, Santhi Athreya and Bruno Sáenz de Miera) were let go, despite a strong year. 

Subscribe to enjoy similar stories. Donald Trump will be the next US President. The Indian stock market jumped as presumably Trump’s pro-business outlook augurs well for inflows into the Indian stock market.

Toyota’s July-September profit has sunk to less than half of what it was in the same period the previous year, as a production stoppage that followed a certification scandal and recalls dented vehicle sales

Honda said its profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as sales suffered in China, the Japanese automaker

Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance for customers opting to buy EVs and energy efficient consumer goods as well as support women-owned microenterprises. This USD 400 million support is part of the USD 1 billion fundraising exercise by Bajaj Finance Ltd (BFL). The funding aims to increase competitiveness in the climate finance market, support the country's climate goals, and promote financial inclusion, a joint statement said on Wednesday.

Subscribe to enjoy similar stories. Donald Trump is set to get elected as 47th President of the US. Equity markets globally seem to be celebrating his return to the White House.

Rahul Jain, Director, Dolat Capital, says quick commerce becoming better than food delivery is kind of an obvious thing. Swiggy being different from Zomato is basically having a common fleet and there is a certain leverage from the same consumer base. Is that going to change the play or make unit economics favourable? That is what Swiggy needs to demonstrate in the coming period and a differentiating angle that they can probably bring into the space. Should one subscribe to the Swiggy IPO? Rahul Jain: It would be very difficult for us to call at this point because there is very limited understanding in terms of what this company is actually going to do to change the matrix versus what the largest company is doing. At this point, it is clear that they are behind the curve in terms of improving the profitability of the business, which is an important element for valuation. And competition in this space is actually heating up. So, there is not much to talk about, not much debate on that element and thus, in that absence, it becomes a difficult call to make.

Subscribe to enjoy similar stories. Passive investing has rapidly gained traction in India, with assets under management (AUM) of ₹11 trillion, or 16.5% of the ₹68 trillion mutual fund market. This space is dominated by exchange traded funds (ETFs) and index funds designed to mirror the returns of underlying indices.

Subscribe to enjoy similar stories. As the US presidential race reached its last laps, Donald Trump raised his pitch on women. Describing former House speaker Nancy Pelosi, he theatrically began to spell out “B...," goading the crowd to shout out the word.

Subscribe to enjoy similar stories. For 35-year-old Shrey Pacheco, a Delhi resident and media professional, one of the best gifts he has ever recieved was for his 31st birthday—a model of football club Manchester United’s legendary football stadium, Old Trafford, by Danish toymaker Lego. While it cost his wife, 36-year-old corporate professional Anisha Sharma a lofty ₹30,000, this did not deter the duo—since then, the couple has built an impressive collection of toys at their residence.

Subscribe to enjoy similar stories. Private property rights are well recognized as a key factor in a country’s prosperity, with a stark contrast offered by communist regimes that abolished individual ownership.

Subscribe to enjoy similar stories. After a year of stellar returns, the Nifty 50’s \momentum appears to be losing steam, with gains tapering off over the past week. Even so, investors seem to be buying the dip, particularly domestic institutional investors.

The IPO, which opens Wednesday and closes Friday, has been priced in the band of ₹371-390 per share. The grey market premium — the price in the unofficial market that investors pay for the shares before listing — was at ₹20 for Swiggy on Tuesday, a 5% premium to the upper price band of ₹390.

A “difficult” economic environment took a bite out of Restaurant Brands International Inc.’s profit in its most recent quarter as sales fell across three of the company’s brands, but executives say they’ve already seen signs of improvement in October.

Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60 per cent in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year since going on sale.

In a world increasingly focused on holistic wellness, the conversation around sexual health and intimacy is evolving. Gone are the days of relying solely on chemical-based solutions; today, people are turning to natural, plant-based alternatives to enhance not just their sexual health, but their overall well-being. One of the most exciting developments in this space is the rise of aphrodisiacs—natural substances believed to increase sexual desire, improve libido, and foster deeper connections. Leading the charge is ChocolateX, an innovative brand that combines the indulgence of chocolate with powerful, natural aphrodisiac ingredients to create a new wave of intimacy-enhancing wellness products.

Champion, who spent three years at Premier Miton, working on the £1.2bn European Opportunities fund with Thomas Brown and Carlos Moreno, will be joined by Andrew Heap, who he worked alongside at Redwheel and Pensato.  «The investment landscape has shifted as interest rates have normalised,» said Gary Tuffield, partner at Goodhart. «Returns are going to be much harder to come by and the inflation genie is well and truly out of the bottle, creating a myriad of issues for policy makers, asset owners and asset management groups.» Redwheel sales head Gary Tuffield resurfaces at Goodhart...