Tue, December 10, 2024

by: The Peninsula

'Qatar's giant strides in global Islamic finance worthy of applause'

Qatar s journey in Islamic finance is a testament to its vision and strategic approach, and the country s commitment to fostering a

by: Business Standard

Mannapuram Finance, Muthoot Finance gain up to 3% in trade; here's why

Spot gold gained 1.1 per cent to $2,662.98 per ounce, as of 01:41 PM ET (1841 GMT). US gold futures settled 1 per cent higher at $2,685.50

by: The Hans India

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation" over the last six years, outgoing RBI Governor, Shaktikanta Das, said in

by: The Daily Star

Long-term tax exemption beneficiaries still seeking additional benefits: finance adviser

Finance Adviser Salehuddin Ahmed today criticised long-term tax exemption beneficiaries who, despite receiving benefits for over 50 years, continue to making demands for further protections. "We have been taking care of the children (business sectors) over the last 50 years with tax benefits,

by: McKnight's Senior Living

People in the news, Dec. 10

Appointments, promotions and other news at Benchmark Senior Living, Cassia, CVS Health, Daughters of Sarah Community for Seniors, Ecumen, Front Porch, Goodwin Living, Grace Management, Kendal Corp., Larry H.

by: Yahoo Finance

Yext Inc (YEXT) Q3 2025 Earnings Call Highlights: Revenue Growth and Strategic Opportunities ...

Yext Inc (YEXT) reports a 13% revenue increase, driven by strategic acquisitions and AI opportunities, while navigating foreign exchange impacts and ARR challenges.

by: moneycontrol.com

Power Finance Consolidated September 2024 Net Sales at Rs 25,721.79 crore, up 14.88% Y-o-Y

Quarterly Net Profit at Rs. 5,302.43 crore in September 2024 up 9.71% from Rs. 4,833.08 crore in September 2023. EBITDA stands at Rs. 25,387.31 crore in September 2024 up 10.6% from Rs. 22,954.58 crore in September 2023.

by: Reuters

UAE to impose 15% minimum top-up tax on large multinationals from January

The United Arab Emirates said on Monday it will impose a domestic minimum top-up tax (DMTT) of 15% on large multinational companies operating in the country starting on or after Jan. 1, 2025 as it seeks to boost non-oil revenue.

by: Forbes

Will Interest Rates Go Down In 2025?

After starting 2022 at just 0.1%, the official cash rate is now 3.1% and tipped to rise further. Since the Reserve Bank of Australia (RBA) began lifting the cash rate in May 2022, there have been eight interest rate rises last year,

by: MSN

Treasury Department may fine small businesses $10,000 or more if they don't file this new report

The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.
Mon, December 9, 2024

by: Business Today

Asian Paints, Tata Steel, AU Small Finance Bank: How to trade these 3 buzzing stocks

An analyst from Anand Rathi said that Tata Steel is encountering a significant resistance level around the R3 Camarilla pivot, specifically in the Rs 150-151 zone, indicating selling pressure.

by: Oneindia

Libra Horoscope For Today, December 10, Tuesday - Harmony in Relationships Can Lead to Beautiful Partnerships!

Libra Love and Relationships Horoscope: Love takes a tender turn today, offering a chance to rejuvenate your heart and emotions. Shared moments with your partner can rekindle the warmth, reigniting a sense of intimacy that benefits both sides. Understanding and patience can transform tensions into delightful exchanges.

by: Business Daily Africa

SHA, Finance Bill top Google's most popular searches in 2024

The tech giant's 'Year in Search' list reveals the most popular trends that have captured the interest of Kenyans over the past 12 months.

by: Think Advisor

4 Options for Passing Down Your Firm

Here are four potential paths that such advisors might walk:

by: KOLR10 & Ozarks Local News

Missouri companies sue to stop a law that raises minimum wage and requires paid sick leave

Missouri business groups announced Monday that they have filed a lawsuit to try to stop a voter-approved law that will raise the state's minimum wage and require

by: TheStreet.com

Younger workers increasingly want crypto paychecks, study finds

Twenty percent of surveyed employees believe that digital assets will become a fundamental part of their paychecks in the next five years, the study showed. Bitcoin emerged as the leading cryptocurrency of choice for employees, with an impressive 72% expressing a preference for receiving their wages or bonuses in it.

by: bnnbloomberg

Japan's Megabanks Are Flush With Cash and Hunting Overseas Deals

(Bloomberg) -- Japan's megabanks are awash in cash and eager to invest.

by: USA Today

Tariffs may be an inflation worry but so are credit card processing fees, some say

Credit card processing fees cost American households an average of $1,100 annually and are expected to continue rising unless Congress acts, some say.

by: Couriermail

2024 Christmas shopping hours: Find out what's open over Christmas and New Year's

With Christmas fast approaching it is good to know when essential services will be open and when they will be closed.

by: 24/7 Wall St

6 Carl Icahn Quotes Every 70-Year-Old Needs to Hear

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Carl Icahn is a successful businessman and investor. If you're in your 70s,

by: CBS News

Who was Brian Thompson, the UnitedHealthcare CEO shot dead in Manhattan?

Here's what we know about UnitedHealthcare CEO Brian Thompson, who was shot to death in Manhattan on Wednesday.

by: Global Finance

World's Best Digital Banks 2024: Global And Regional Winners

While already boasting its Sharia-compliant Nomo digital bank, Boubyan Bank, the Best Islamic Digital Bank both globally and for the Middle East, has partnered with Temenos to build an open, cloud-native, API-first architecture. This architecture will provide greater access to modern banking capabilities, with rich Islamic-banking functionality.

by: Charlotte Observer

Travel-hack your way to cheaper vacations

Money.ca explains the practice of travel hacking and how to incorporate it into your life.

by: Crain's Chicago Business

GTCR sells AssuredPartners for $13.45 billion to Arthur J. Gallagher

The insurance brokerage has been part of GTCR's portfolio since 2011. The deal is Rolling Meadows-based Gallagher's largest-ever acquisition.

by: business-live

North East deals of the week: key contracts, investments and acquisitions

This week's round-up includes Hitachi Rail, BSF Enterprise, Sore Paws, AMLo Biosciences, MTL Projects and Mark Thompson Lifesciences and Newcells Biotech

by: ProPakistani

High-Level Delegation of Foreign Investors Calls on Finance Minister

A high-level delegation of foreign investors and business professionals, mostly based in the United States, called on Federal Minister for Finance Senator

by: BBC

Reeves wants 'reset' with EU to boost growth

Closer relations between the UK and the EU will boost economic growth, Rachel Reeves will tell European finance leaders on Monday. In the first address by a British chancellor to the Eurogroup since Brexit, Reeves will say resetting relations means "breaking down barriers to trade" as well as helping "businesses sell in each other's markets".

by: Tuko

UK finance minister hails 'milestone' talks with EU counterparts

UK finance minister Rachel Reeves advocated Monday for "more normal trading relations" with the European Union, as she became the first British chancellor since Brexit to attend a meeting of eurozone counterparts.

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: Yahoo Finance

Platform Accounting Group acquires DHS Advisors

By joining the group, DHS Advisors' team of directors are expected to gain access to expanded resources and support.

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.

World's Best Digital Banks 2024: Global And Regional Winners

While already boasting its Sharia-compliant Nomo digital bank, Boubyan Bank, the Best Islamic Digital Bank both globally and for the Middle East, has partnered with Temenos to build an open, cloud-native, API-first architecture. This architecture will provide greater access to modern banking capabilities, with rich Islamic-banking functionality.

The article from Global Finance Magazine outlines the winners of the "World's Best Digital Banks 2024" awards, recognizing banks that excel in digital innovation, customer experience, and financial inclusion. The global winner is Citi, praised for its extensive digital offerings and global reach. Regional winners include Banco Santander for Latin America, DBS Bank for Asia-Pacific, Nordea for Western Europe, Al Rajhi Bank for the Middle East, Absa Bank for Africa, Sber for Central & Eastern Europe, and National Australia Bank for Australia & New Zealand. These banks were selected based on criteria such as the strength of strategy for attracting digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, evidence of tangible benefits from digital initiatives, and web/mobile site design and functionality. The awards highlight the importance of digital transformation in banking, focusing on how these institutions are leveraging technology to enhance customer service, streamline operations, and expand their market presence.

Read the Full Global Finance Article at:
https://gfmag.com/award/award-winners/worlds-best-digital-banks-2024-global-regional-winners/