Thu, December 5, 2024

by: The Star

China-M'sia economic ties continue advancing

by: USA Today

Trump nominates finance CEO Frank Bisignano to lead Social Security Administration

WASHINGTON - President-elect Donald Trump said he's nominating financial services CEO Frank Bisignano to serve as commissioner of the Social Security Administration.

by: Shropshire Star

Deal completed for 'well-established' Shrewsbury firm

The sale of Shrewsbury-based Wildes Plant Hire & AT Wilde & Son has been confirmed. Accountants Azets advised on the sale of the business to Zofre Investments Limited. The acquisition will see the company continue under the existing trading names, with Peter Venn at the helm but both David and Peter Wilde still involved in the business.

by: AOL

For Dell, 3 factors explain why transparency is key to its sustainability efforts

Our strategy, in a nutshell, is integrate sustainability everywhere," says chief sustainability officer Cassandra Garber.

by: Reuters

Ulta Beauty raises annual profit forecast, shares rise

Cosmetics retailer Ulta Beauty raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 11.

by: Parkersburg News and Sentinel

Proposed weekend special session raises questions

As workers were picking up the pieces of the Capitol Christmas Tree Thursday morning after it was toppled by high winds, lawmakers and legislative staff were trying to determine how to conduct a proposed last-minute special session as new lawmakers prepare to take their seats.

by: AOL

Managers are getting less training, and it's hurting companies

WorkTango used Bureau of Labor Statistics data to analyze the dip in on-the-job management training over the past five years compared to jobs overall.

by: AOL

Bath & Body Works CEO: We've been onshoring to mitigate tariff risks, continue to see choiceful consumers

by: KCUR 89.3 FM

Kansas City mayor accused of skirting city gift ban by using nonprofit to pay for travel

The nonprofit was used by Mayor Quinton Lucas' predecessor primarily to bring speakers to Kansas City to talk about economic development. Lucas and his former chief of staff use it for Chiefs tickets,

by: Inland Valley Daily Bulletin

How Trump's tariffs could affect the U.S. trade deficit and employment

President-elect Donald Trump has announced that soon after his inauguration, he will place heavy tariffs on imports of the three most important trading partners to the U.S., Canada and Mexico at 25% each, and China 10%. The president can impose these policies without the consent from Congress using the International Emergency Economic Power Act.

by: Seattle Times

West Seattle light rail plans give business owners sticker shock

West Seattle merchants say they can't get reestablished for the meager payments Sound Transit plans to dole out.

by: MSN

NJ companies stockpiling imports to avoid Trump's promised China tariffs

Some North Jersey firms are already stockpiling raw materials such as steel and copper to avoid the spike in costs from Trump's promised new tariffs.

by: MSN

Trump's SEC pick and Bitcoin's $100K milestone are two big wins for the crypto community

Trump nominated Paul Atkins, who has been a member of the Token Alliance since 2017, to SEC chair. Bitcoin surpassed $100,000 for the first time.

by: Upstream

Shell and Equinor to combine UK assets

by: Crain's Chicago Business

CME to offer one-ounce gold futures as retail trade surges

There has been a larger trend among retail investors to seek smaller-sized gold products as a way to diversify their portfolios as spot gold hit repeated record highs this year.

by: MSN

California's Employment Safety Net Is Still Broken

Out-of-work Californians fight new fraud battles, the system bleeds money, and a $1 billion technology overhaul marches on.

by: MSN

39-year-old makes about $18,000 a month in passive income without a college degree: 'The right time to start is always now'

After dropping out of college in 2007, Amy Landino started a side hustle creating videos and doing social media. Ultimately she was able to quit her day job.

by: Reuters

McKinsey Africa to pay $122 million in South Africa bribery scheme, US Justice Dept says

by: Express & Star

MPs call for tougher approach towards foreign governments holding UK citizens

MPs have called on UK ministers to toughen their approach towards foreign governments which detain British nationals overseas amid efforts to free a British-Egyptian citizen held in Egypt. Foreign Office minister Hamish Falconer claimed positive links between London and Cairo could help Egypt improve its human rights record.

by: Reuters

Citi M&A veteran Cary Kochman to retire, sources say

Cary Kochman, one of Citigroup's top dealmakers, is retiring after spending nearly 14 years at the helm of the Wall Street bank's mergers and acquisitions group, people familiar with the matter told Reuters on Thursday.

by: Business Today

ELI Scheme: EPFO Extends Deadline for UAN Activation and Linking Aadhaar with Bank Account; Here's is the last date now

In the Union Budget 2024, Finance Minister Nirmala Sitharaman revealed three categories of ELI schemes: A, B, and C. A recent notification from the Ministry of Labour and Employment outlined that eligible employees must activate their UAN and link their ...

by: MSN

Economies cool off in Baltimore and Baltimore County, new GDP numbers show

by: The 74

The Largest Private Child Care Provider in the U.S. Went Public. How Will This Shape the Future of American Child Care?

by: Tribune242

'Way too aggressive' over Business Licence deadline

by: Yahoo Finance

Wall Street hits pause on rally but London finishes higher as bitcoin reaches $100k

Bitcoin broke through the $100,000 mark for the first time amid a rally sparked by Donald Trump's US election victory.

by: MSN

PMO Partners Founder's 30-Year Legacy of Leadership and Innovation in Project Management

While in the business world, passion often drives people to constantly evolve. For some, that journey leads to a combination of corporate success along with an entrepreneurial spirit. Michelle Watkins,

by: 24/7 Wall St

Hidden Credit Card Perks They Don't Want You to Know

Despite high interest rates and fees, some credit cards contain points, cash back rewards, and other perks that can make them worthwhile.

by: techUK

The Scottish Budget 2024

The Cabinet Secretary for Finance and Local Government, Shona Robison MSP, has presented her draft Budget to the Scottish Parliament, outlining the Scottish Government's proposed tax and spending plans for 2025-26.

by: The New Zealand Herald

Revolut applies for NZ banking licence as it seeks to challenge banks' savings and lending products

by: Yahoo

Waterville City Hall employees to try 4-day work week

City Hall employees will go from a five- to four-day work week on an eight-month trial basis starting Jan. 1. The City Council voted 5-2 Tuesday night to approve the new schedule, which would mean employee hours will be 7 a.

by: The New York Times

Trump Tax Cuts Won't Help the Economy Grow, Budget Office Finds

A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.

by: Yahoo Finance

LIVE: Wall Street hits pause on rally and London muted as bitcoin reaches $100k

Bitcoin broke through the $100,000 mark for the first time amid a rally sparked by Donald Trump's US election victory.

by: AOL

Boeing announces layoffs across Florida as mounting concerns about the company continue to grow

Boeing will be laying off 141 employees across Florida starting in January 2025, according to a Worker Adjustment and Retraining Notification Act letter.

by: Daily Express

Economy to shrink as Reeves' Budget 'snuffs out wealth and stunts growth'

PM Keir Starmer has only been in power five months but some of the hardest working Brits are already throwing in the towel.

by: Kiplinger

Disney Hikes Its Dividend: What This Means for Investors

Walt Disney (DIS) gave investors something to cheer about Thursday after the media and entertainment giant announced a significant increase to its dividend. Track all markets on TradingView The hike brings Disney's semi-annual payout to 50 cents per share,

by: The New York Times

Musk, Trump, A.I. and Other DealBook Summit Highlights

The economy, inflation, tariffs, the future of media, pardon politics and other big topics that made headlines this year.

by: Business Standard

Rebalance your investments away from equities and gold in favour of debt

Equity exposure in portfolios is likely to have exceeded the original strategic level due to strong performance in equity markets, both domestically and internationally. Allocation to gold is also likely to have increased, as the yellow metal has also delivered robust returns.

by: Bill Williamson

Brookfield-backed debt collection giant Panthera finds new owner

Privately owned credit agency Francom has emerged as the new owner of the company, which collapsed this year following a dispute between its founders.

by: Bill Williamson

Zingers and a pile of votes

OPPO DAYS CHEAT SHEET — MPs are staring down a pile of votes. This time next week, the House will have voted on three opposition motions and more than C$21.6 billion in new spending. Here's the CliffsNotes:

by: Bill Williamson

ADIB announces the 7th Edition of EFICA: Pioneering Innovation in Ethical and Islamic Finance

by: Bill Williamson

Sir Peter Mason, civil engineering supremo who led Balfour Beatty and Amec among other companies

Sir Peter Mason, who has died aged 78, was a leader of the civil engineering industry as chairman of Balfour Beatty and chief executive of Amec; he was also chairman of Thames Water and a senior director of BAE Systems.

by: Bill Williamson

How the world's biggest offshore wind company was blown off course

by: Bill Williamson

Digitisation becomes Africa's great equaliser in financial services

by: Bill Williamson

Online Applications for Admissions-2025 Closing Soon for XIM University's Flagship MBA, Executive MBA, and MMS-BF Programs

by: Bill Williamson

Saudi COP16 Presidency Calls on Private Sector to 'ramp up' Funding Amid Land Restoration Finance 'blackhole'

Saudi Arabia's UNCCD Presidency launched Land Day today, the first of its seven scheduled Thematic Days designed to focus discussions and ongoing negotiations on key areas within the land degradation,

by: MSN

Cancer Daily Horoscope Today (June 21 - July 22) December 5, 2024: Attractive proposals will come!

Cancer Money Horoscope Today You will advance industrial efforts and maintain a strong presence in career and business. Attention will be given to financial documentation. Business operations will come under greater control.

by: AOL

Intel's CEO shakeup puts foundry plans, CHIPS Act cash at risk

Intel's CHIPS Act funding could disappear if the company ditches its plans to expand its manufacturing footprint.

by: MSN

Taurus Daily Horoscope Today (April 20- May 20), December 5, 2024: Closed ones will be happy!

Taurus Money Horoscope Today Success rates will improve, and profits will increase. The economic front will remain strong. Emphasis will be placed on career and business. Taurus Career Horoscope Today Favourable conditions will prevail in career and business.

Nisus Finance Services IPO sees 18.81 times subscription on day 2, GMP indicates good listing

The public issue of Nisus Finance Services Co continued to see a healthy response from investors, who subscribed 18.81 times on December 5, the second day of bidding. Meanwhile, the grey market is signaling good listing performance next week. The company ...

The Nisus Finance Services IPO, which opened for subscription on April 23, 2024, saw an overwhelming response on its second day, being subscribed 18.81 times. By the end of the second day, the IPO had received bids for 11,28,80,000 shares against the 60 lakh shares on offer. Retail investors showed significant interest, subscribing 25.66 times, while the Non-Institutional Investors (NII) category was subscribed 13.76 times. The Qualified Institutional Buyers (QIB) portion was subscribed 1.36 times. The IPO, priced in the range of ₹99-103 per share, aims to raise ₹25.96 crore at the upper price band. Market observers noted a grey market premium (GMP) of ₹10, suggesting a positive listing performance. The funds raised will be utilized for lending, investment in subsidiaries, and general corporate purposes. The IPO will close on April 25, 2024.

Read the Full moneycontrol.com Article at:
https://www.moneycontrol.com/news/business/ipo/nisus-finance-services-ipo-sees-18-81-times-subscription-on-day-2-gmp-indicates-good-listing-12884297.html