Mon, December 9, 2024

by: Business Standard

Shaktikanta Das: The man behind GST, note ban, Covid monetary response

Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST).

by: The Hill

Cyprus and the US double down on a joint effort to combat financial crimes with more training

Cyprus and the U.S. said Monday that they're doubling down on a joint effort to crack down on illicit finance with additional training of Cypriot law enforcement authorities

by: AOL

Forget bling, De Beers has found a surprising use for lab-grown diamonds outside of luxury jewelry, and business is booming

De Beers has a huge sway on diamond prices as it's still a significant player in the market. However, it has repeatedly cut diamond prices in the hopes of attracting more buyers, painting a gloomier picture of the future.

by: Fortune

Barbara Corcoran says one of her best business decisions came about because of a breakup

"But you know what about endings? They force you on to a new beginning," said real estate mogul Barbara Corcoran.

by: Daily News

Tanzania's path to prosperity

Tanzania is one of the most preferred destinations for foreign investment in Africa, ranking among the 10 biggest recipients of FDI on the continent, thanks to robust economic growth and continuing reforms to improve business and investment climate.

by: Business Insider

Meet the new Trump administration staffers who will shape key US policies starting in 2025

Trump's cabinet picks so far include Matt Gaetz, Elon Musk, and Pete Hegseth. See who else he's tapped in 2024 to be part of his administration.

by: Daily Monitor

BoU banks on oil, mining inflows for stable shilling

Bank of Uganda has said increased capital inflows in mining and oil are expected to continue supporting the shilling, which has held a steady position for the better part of 2024. The shilling closed last Friday at Shs3,673.18 against the dollar, which is a strong improvement from a weak of above Shs3,800 in February.

by: Mint

Why the coolest job in tech might actually be in a bank

For tech and AI talent, jobs at financial services companies are more desirable than they have ever been. Banks have been working hard to make it happen.

by: Cyprus Mail

Hadjimanolis praises role of education in maritime industry

The Lloyd's List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping. Deputy Minister of Shipping Marina Hadjimanolis attended on behalf of the Republic of Cyprus and presented the 'Achievement in Education or Training 2024' award to Captain

by: MSN

Finance and audit experts dominate South Korea's year-end leadership shakeups

Year-end leadership reshuffles across major South Korean conglomerates are spotlighting a growing preference for executives with backgrounds in finance and auditing. The appointments underscore a strategic pivot as companies navigate heightened uncertainties both domestically and globally while addressing challenges in their core operations.

by: cnbctv18

Bajaj Allianz Nov Update: General insurance gross direct premium at ?1,324.67 crore

Bajaj Allianz Life Insurance recorded total new business premiums of ₹659.35 crore for November. Shares of parent company Bajaj Finserv Ltd ended at ₹1,638.05, up by ₹2.20, or 0.13%, on the BSE.

by: RTE Online

UK finance minister Reeves to attend Eurogroup meeting

The President of the Eurogroup and Minister for Public Expenditure, National Development Plan Delivery and Reform, Paschal Donohoe, is in Brussels to chair the December Eurogroup meeting.

by: Forbes

Talking AI: Top Three Barriers To Digital Adoption

While the industry has grown in terms of infusing innovation into formerly manual processes, many lenders say they are not ready to dive into the latest wave of AI.

by: The New Zealand Herald

UK finance minister to address EU counterparts in post-Brexit 'reset'

Britain's Chancellor Rachel Reeves is set to address a meeting of Eurozone finance ministers in Brussels on Monday to urge a "business-like relationship" between the European Union and post-Brexit UK.

by: NDTV

Over 250 Corporates, 8,000 Business School Students Attend IIM Mumbai's Premier Fest

AVARTAN 2024 is not only about academic knowledge but also about practical engagement with industry trends and corporate practices.

by: Arabian Business

Kuwait sets 2025 start for 15% corporate tax in major fiscal overhaul

The reform comes as Kuwait seeks to diversify its revenue streams beyond oil income, following similar moves by other Gulf nations to modernise their tax systems

by: businesstech.co.za

Business Talk - Standard Bank's Amish Shunker and Justin Milo on South Africa's role as an intra-African trade leader

In this Business Talk with Michael Avery interview, Standard Bank's Amish Shunker and Justin Milo discuss intra-African trade and its impact on South Africa. Shunker is the Head of the Solutions Structuring Group and Head of Trade for Africa at Standard Bank CIB.

by: Reuters

Bank of England's Ramsden says will be vigilant towards greater risk-taking

The Bank of England will be vigilant over the possibility that investors will take greater risks after a year of relative stability in markets, Deputy Governor Dave Ramsden said on Monday.

by: The Boston Globe

Reimagining business success in Rhode Island communities

The LocalBiz Resiliency Program launches "one-stop shop" small business support cohorts in Woonsocket, Central Falls.

by: Yahoo Finance

Trump's business empire has expanded. Here's where he could profit in his second term.

When Trump returns to the White House, he'll do so with a more sprawling business empire and far fewer promises about how he'll avoid conflicts of interest.

by: Fast Company

Finance leaders discuss the challenges and opportunities reshaping the corporate world

Sun, December 8, 2024

by: Trinidad Express Newspapers

ANSA MD De Souza a new SRC chairman

ANSA Merchant Bank managing director Ian De Souza has been appointed as a Chairman of the Salaries Review Commission (SRC).

by: businessday

Mournful faces everywhere as economy bites with no respite in sight

Nigeria, Africa's largest oil producer, is reeling from a series of economic shocks exacerbated by policy decisions that, while

by: Time

Cameo's CEO Steven Galanis on Rebuilding After the Pandemic and Embracing Influencers

Steven Galanis spoke with TIME about how Cameo is adapting to a post-pandemic world, artificial intelligence, and the changing nature of fame.

by: Reuters

VinFast to build second production plant in Vietnam

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: Forbes

VAT In Europe: Key Reforms And Changes Coming In 2025

Europe will see many VAT changes, including new e-invoicing mandates, simplified SME schemes, flexible VAT rate policies, and updated rules for virtual events.

by: Yahoo

Where to find public parking on NSB's Flagler Avenue? Here are some options

Finding a spot to park near the popular beachside business district can be a challenge. Here are some public parking options.

by: The Daily Star

MTB releases annual sustainability report for 10th year

Mutual Trust Bank PLC (MTB) released its "10th Annual Sustainability Report for 2023", styled "A Decade of Sustainable Commitment", in line with the Global Reporting Initiative (GRI) standards, at its head office in the capital's Banglamotor recently.

by: Oregonian

Liz Weston: Medicare Part D plan caps out-of-pocket max at $2,000 beginning in 2025

Prescription drug coverage is provided by private insurers, and their lists of covered prescriptions can change every year. Makes sure you know if your insurer still covers your needed medications.

by: The New York Times

Bill Clinton on the Election, D.E.I. and One of His Regrets

The former president also discussed Biden's decision to grant a pardon to his son, Hunter; the Israel-Hamas War; D.E.I. policies; his new book, " Citizen: My Life After the White House ," and how much voters should focus on the character of politicians. Here are five highlights from the conversation.

by: bnnbloomberg

South Korea Set for More Turmoil After Yoon Escapes Impeachment

South Korean President Yoon Suk Yeol managed to avoid impeachment over the weekend by just a handful of votes. But pressure for him to step down is only intensifying.

by: AOL

Meet John Elkann, the enigmatic billionaire heir fighting to save Jeep parent Stellantis

To get a better idea of how 48-year-old John Elkann ticks, Fortune spoke to the author that chronicled his family's turbulent history.

by: Business Insider

A FIRE blogger who built a 7-figure net worth shares 3 books that changed his money mindset

A former Meta employee who writes about financial independence full-time shares his top book recommendations, including Jack Bogle's "Enough."

by: businesstech.co.za

4 banks call it quits in South Africa in 2024

BNP Paribas, HSBC, Sasfin Bank and Bidvest Bank have all announced massive changes to their South African operations in 2024. French-based BNP Paribas was the first bank of the four to announce changes to its South African operations, with it no longer operating as a bank in South Africa.

by: Couriermail

Vietnamese property tycoon Truong My Lan must come up with $14 billion to avoid death penalty

HANOI: A Vietnamese property tycoon is in a race for her life to come up with $US9 billion ($14 billion) to escape the death penalty for masterminding the world's biggest bank fraud.

by: Business Line

Parliamentary panel advocates automated compensation process for banking fraud victims

by: Business Standard

EESL, Andhra Pradesh launch 3 programmes to boost energy efficiency

The Government of Andhra Pradesh in collaboration with state-owned Energy Efficiency Services Ltd (EESL) has launched three transformative programmes to drive energy efficiency, environmental sustainability,

by: St. Catharines Standard

Is your mortgage coming due in 2025? Here's how you can prepare for renewal shock

Experts say it's best to get an early jump on researching lender alternatives using rate comparison websites and even a mortgage broker who can leverage your renewal offer to land

by: The Motley Fool

Missed Out on Nvidia? Buy This Magnificent Artificial Intelligence (AI) Stock Before It Soars at Least 43% in 2025.

Missed Out on Nvidia? Buy This Magnificent Artificial Intelligence (AI) Stock Before It Soars at Least 43% in 2025.

by: Goodreturns

1:1 Bonus, 2:1 Stock Split: Record Date on Dec 20; Should You Buy This Small-Cap Gem with 177% 5Y Returns?

Linc Ltd., a major small-cap player in the printing and stationery industry, has made a significant announcement regarding its equity structure.

by: Yahoo Finance

Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming

Even before the French and German governments collapsed, Europe's economy had enough difficulties. Where once there was the so-called French-German axis to push Europe ahead, now there's a vacuum. French Prime Minister Michel Barnier resigned Thursday after losing a vote of confidence,

by: CNN-News18

RBI Governor Shaktikanta Das Meets FM Nirmala Sitharaman Days Before End Of His Tenure

The career bureaucrat-turned-central banker, Das, was appointed the 25th RBI Governor on December 12, 2018, after the abrupt exit of Urjit Patel. With the three-year-extension granted to Das, he is already one of the longest-serving RBI governors in its 90-year history.

by: The Peninsula

Spotlight on investing in new technologies, digital innovation

The panel session entitled Competitiveness in the Era of Intelligent Economies held on the sidelines of the 22nd Doha Forum,

by: fbcnews

New finance solutions for SME's and startups

Mogul Pte Limited has launched its credit facility, Mogul Pay, aimed at assisting small businesses. Mogul Pte Limited is a Lautoka-based company focused on visual solutions and various types of signage and printing works. Company director Ritesh Chauhan says that when businesses start they face a lot of challenges in terms if finances.

by: Arabian Business

UK Prime Minister Keir Starmer to make UAE, Saudi Arabia visit

Starmer will first arrive in the UAE, where he is scheduled to meet President Sheikh Mohamed bin Zayed Al Nahyan on Monday, before travelling to Saudi Arabia to hold talks with Crown Prince Mohammed b

by: businesslive.co.za

Eskom seeks Competition Commission's nod to finally sell its finance company

With Eskom having found a buyer for its R9bn finance company, — a key condition of a R254bn debt relief package from Treasury, — it must now clear the hurdle of obtaining approval from Competition Commission for the sale.

by: Sydney Morning Herald

This big bank plans to kill the password by 2030

The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning.

by: MSN

Aussie business owner in the UK reveals what companies do wrong

Urban Baristas co-founder Huw Wardrope said Australian businesses are behind the rest of the world when it comes to one thing.

VinFast to build second production plant in Vietnam

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

VinFast, the Vietnamese electric vehicle (EV) maker, has announced plans to construct a second production plant in Vietnam, with construction set to begin in 2024. This new facility, located in the northern province of Haiphong, aims to increase VinFast's production capacity to 300,000 vehicles annually, up from the current 250,000. The expansion is part of VinFast's strategy to meet growing demand for EVs both domestically and internationally. The company, which is backed by Vietnam's largest conglomerate Vingroup, has been aggressively expanding its footprint, including plans for a factory in North Carolina, USA. This move comes amidst a backdrop of increasing competition in the EV market and VinFast's efforts to establish itself as a significant player globally.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/ev-maker-vinfast-build-second-production-plant-vietnam-2024-12-08/