BlackRock Chief Executive Larry Fink said Thursday that the firm was unfairly targeted by candidates in the fourth Republican presidential debate, calling it a “sad commentary on the state of American politics.” BlackRock, the world’s largest asset manager, has faced a backlash from state pension plans in Republican-led Florida, Louisiana and Missouri for the firm’s … Read more
By ANNE D’INNOCENZIO | AP Retail Writer NEW YORK (AP) — The National Retail Federation, the nation’s largest retail trade group, has revised a report released in April that pulls back the claim that organized retail crime accounts for nearly half of overall industry shrink, which measures overall loss in inventory, including theft. The revision … Read more
Tata Power New Delhi: Tata Power is up 12 per cent in trade on Thursday after an upgrade by a brokerage. Tata Power is trading at Rs 329 on BSE up by 12 per cent. JM Financial Institutional Securities said in a research that Tata Power’s recalibrated strategy involves tapping high-margin group captive RE (renewables) … Read more
Are you looking for an investment to diversify your portfolio? Structured products have a unique pricing model and can expose your portfolio to certain markets while mitigating some of the risks. They’re a bit complex and can be daunting for new investors, but they may be a beneficial addition to a portfolio. How Do Structured … Read more
Ernst & Young Merchant Banking Services LLP (EY) and PwC Business Consulting Services LLP (PWC BCS) have collaborated to develop a valuation assessment that establishes the fair share exchange ratio for the merger Network18 Media & Investments Ltd (Network18) and TV18 Broadcast Limited (TV18) have on Wednesday, On December 6, announced a plan of arrangement … Read more
Reportedly, the shares will be sold at a price of Rs 120.50 per share. (Representative image) As of September-end SoftBank held 2.17 percent in the food delivery services provider. SoftBank is reportedly planning to sell another chunk of its Zomato shares through a block deal, worth approximately $135 million (around Rs 1,125.5 crore). According to a … Read more
‘Because we are in election mode and the elections happen during the coming summer. So, the Budget that the government presents would just be to meet with the expenditure of the government till a new government comes to play,” said Nirmala Sitharaman. | Photo Credit: – Finance Minister Nirmala Sitharaman on Thursday sought to moderate … Read more
Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family’s overall grocery bill is set to increase by about $700 next year. That’s the main takeaway from a closely watched annual report on the food industry, the … Read more
By Live Commentary Updated: 15:06 GMT, 7 December 2023 The FTSE 100 is flat in afternoon trading. Among the companies with reports and trading updates today are Bloomsbury, Games Workshop, Frasers, Balfour Beatty, Smart Metering Systems and Vertu Motors. Read the Thursday 7 December Business Live blog below. > If you are using our app … Read more
PARIS — French event and communications agency WMH Project has acquired boutique creative production agency Petit Ami as it seeks to expand its activities in fashion, luxury and art. Terms of the deal were not disclosed. Founded in 2017 by Laurent Bandet, who previously worked for French brand Agnès b., Petit Ami produces events including … Read more
