• Thu, December 12, 2024

by: CoinDesk

Did Crypto Cash Break the U.S. Elections?

Years ago, a Supreme Court decision opened the door for more corporate money in politics, and a trio of crypto companies has blasted that door off its hinges.

by: Insider Monkey

How To Get A Crypto License in Lithuania - A Complete Guide

Lithuania ranks second in EU countries in offering a safe and reliable environment for companies involved in the Crypto business by providing a Crypto License.

by: Couriermail

'Doesn't have to be like that': Proof RBA has stuffed up interest rates

The idea is that if unemployment is very, very low, it's expensive to hire people and hard to fill jobs. Businesses can't hire easily, can't get things done easily, and the path of least resistance for them is to just do less and charge higher prices. Those higher prices are what we call inflation.

by: Finance & Commerce

On the Market: Mid-century properties with potential

This week, On the Market features two older nonresidential properties with more potential than first meets the eye. One is a "professionally updated multitenant office building" with $1 million in seller financing at a below-market interest rate. The other is a centrally located Minneapolis warehouse that's patiently awaiting a creative new user.

by: The Motley Fool

Prediction: 2 AI Stocks Will Be Worth More Than Palantir by Year's End in 2025

Shares of Palantir Technologies (PLTR 2.29%) have more than quadrupled year to date over unrelenting demand for the company's new artificial intelligence platform. However, the me

by: Business Wire

Slope Taps Marqeta to Power Buy Now, Pay Later Card, Enabling Brands And Marketplaces To Offer Flexible Loan Options

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world's innovators, today announced its

by: The Hill

'Pop-up' super PAC raises eyebrows

Trump at NYSE {beacon} Business & Economy Business & Economy The Big Story 'Pop-up' super PAC funding raises 'serious red flags' An opaque nonprofit

by: Drexel University

Faculty Highlights: Recent Awards and Grants

Last term, Drexel University faculty members were recognized for their scholarly research and prolific academic and professional contributions.

by: The Daily Star

US lauds interim govt for qualitative changes in labour rights

The United States has lauded the interim government for visible initiatives and qualitative changes in various sectors, particularly in labour rights, investment climate and business environment.

by: Trinidad Express Newspapers

Mala Baliraj new chairperson at Energy Chamber

MALA Baliraj has been appointed chairperson of the Energy Chamber of Trinidad and Tobago, succeeding Jerome Dookie.Baliraj, the chief executive officer of Massy Wood Group Ltd, has served on the

by: Reuters

HSBC, World Bank's IFC launch $1 bln trade finance programme for emerging markets

HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1 billion, in a move to help fill a gap in financing for emerging market trade.

by: The Boston Globe

Nearly half of US teens are online 'constantly,' Pew report finds

Nearly half of American teenagers say they are online "constantly" despite concerns about the effects of social media and smartphones on their mental health, according to a new report published Thursday by the Pew Research Center.

by: Business Today

Simplify Your Home Loan Journey with Piramal Finance Home Loan Eligibility Calculator

Using the Piramal Finance Home Loan Eligibility Calculator is as easy as 1-2-3. Here's what you need to do: Enter Your Monthly Income: Input your regular income to determine your repayment capacity. Provide Details of Existing Loan EMIs (if any): Mention any ongoing loans or financial commitments.

by: MSN

Bajaj Finance shares in focus as co bets big on AI to drive growth and cut costs

Bajaj Finance is implementing a five-year AI integration plan to boost customer engagement, revenue, and productivity while reducing costs. Managing director Rajeev Jain projects significant cost savings and improved conversion rates.

by: Yahoo Finance

Closing costs: A guide to how they work and how much you'll pay

Closing costs make up a huge chunk of your home-buying budget. Our guide breaks down each type of closing cost, how much you'll pay, and how to reduce these fees.

by: moneycontrol.com

UBS flags concerns over lenders; cuts targets on AU Small Finance Bank, Axis Bank, IndusInd Bank

UBS maintained a neutral call on IndusInd Bank, reducing its target price to Rs 1,150 per share from Rs 1,350. Similarly, it remained neutral on Axis Bank, but lowered its target to Rs 1,210 from Rs 1,250. AU Small Finance Bank also faced a target cut, with UBS revising it down to Rs 640 from Rs 750, while retaining its neutral rating.

by: AOL

MyPillow CEO Mike Lindell sues a merchant cash advance firm over a 'sham' loan that had a 409% interest rate

Lindell's company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses.

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex falls over 500 pts, Nifty tests 24,400; metal stocks under pressure

Stock Market LIVE Updates | Domestic markets witnessed pressure throughout the session on Thursday closing near day's low, while broader markets finally saw selling after a 14 day gaining streak. In today's trade,

by: NDTV

3 Indians Shine On Forbes' 2024 World's Most Powerful Women List

Forbes has unveiled its 21st annual list of The World's 100 Most Powerful Women, a ranking of influential figures from industries such as business, entertainment, politics, philanthropy and policymaking.

by: MSN

I used to track every penny I had in a spreadsheet, but my new strategy is much less tedious and just as effective

Tracking every penny in and out of your account may seem like shrewd money management, but sometimes doing all that work is not worth the trouble.

by: Yahoo Finance

Boeing blues: a mom-and-pop supplier feels the pain

STORY: Rosemary and Larry Brester don't immediately look like players in the big business of making jet planes. But their family run firm in the Seattle area has been supplying Boeing with metal parts for decades.

by: Business Today

Stock recommendations by analyst for December 13: Mazagon Dock, Torrent Power and Tourism Finance

Domestic benchmarks on Thursday settled lower, dragged by consumer, automobile, banks, financials and energy stocks.

by: Reuters

Italian railways to woo investors for high-speed network spin-off

Italy's state-owned railway Ferrovie dello Stato (FS) will spin off its high-speed network into a dedicated company, the group's chief executive said, paving the way for a later stake sale to outside investors.

by: moneycontrol.com

Trade Spotlight: How should you trade LTIMindtree, JSW Steel, Cyient, GHCL, Muthoot Finance, TTML, and others on Friday?

The market may extend the downtrend if it breaks the 10-day EMA (Exponential Moving Average) amid likely consolidation, while the VIX in the lower zone supports bulls. Below are some trading ideas for the near term.

by: AOL

Adobe stock sinks as weak outlook stokes fears over AI monetization, growing competition

Adobe stock fell after the creative software giant provided a weaker-than-expected outlook for the 2025 fiscal year.

by: Reuters

Haleon Pakistan to manufacture Centrum multivitamins

Haleon Pakistan plans to start manufacturing multivitamin brand Centrum in the country for domestic sales and export, its CEO said, as it seeks to boost sales in the country amid lower inflation.

by: AOL

What Cruise's self-driving end means for Tesla and Waymo: Morning Brief

Cruise isn't even the first major player to bow out of the race to develop a robotaxi business. Ford ( F) ended its Argo AI self-driving venture two years ago. And Apple ( AAPL ), wavering between building an autonomous fleet or merely a new EV, scrapped its decade-long car project altogether earlier this year.

by: Yahoo Finance

Wall Street struggles as Trump rings opening bell while FTSE closes muted

The bull was let loose for stocks in Trump's first term and during President Joe Biden's term. The S&P 500 rose 61% under Trump from inauguration day through Dec. 11. It has advanced 58% from Biden's inauguration day to Dec. 11.

by: MSN

December 13, 2024, Birthday Forecast: Gear up for a transformative year

Influenced by the number 6, individuals born on December 13th can anticipate a year of growth and exciting opportunities. Career advancements are likely, especially between January and March, with financial stability throughout the year.

by: MSN

This financial change can help Americans buy a home and build wealth

Not having a bank account or relying on alternative financial services can impede your ability to build wealth. Over 5 million households — 4.2% of Americans — are unbanked, meaning they do not have access to a bank account.

by: Yahoo Finance

Stock market today: S&P 500, Nasdaq, Dow slide with rate cuts, sticky inflation in focus

Investors got the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December rate cut.

by: Reuters

HSBC reviews retail banking outside UK and Hong Kong, FT reports

HSBC is reviewing its retail banking operations outside the UK and Hong Kong, which could see it substantially scale back operations in other countries, including Mexico, the Financial Times reported on Thursday,

by: Yahoo Finance

In Celebration of its 25th Anniversary, the JW Marriott Las Vegas and Rampart Casino at The Resort at Summerlin Unveils a $75 Million Renovation

The JW Marriott Las Vegas Resort & Spa and Rampart Casino is celebrating 25 years of luxury service and exceptional hospitality with a stunning transformation. The anniversary highlights the history of the property that opened in 1999 as the first casino and resort in the successful master-planned community of Summerlin,

by: Reuters

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

Brazil's state-run oil company Petrobras said on Thursday it has signed a 16.5 billion real ($2.8 billion) deal to build and charter 12 new support vessels to supply its offshore platforms.

by: MSN

S&U shares up despite market challenges and legal headwinds

S&U Plc shares rose on Wednesday, gaining 1.9% in late afternoon trading in London, even as the company flagged significant challenges in the motor finance market and declining consumer and business confidence following the UK Budget,

by: MSN

Lina Khan and the Return of Anti-Monopoly

As his presidency comes to an end, Joe Biden's term will be immediately remembered for its political failure to prevent the return of Donald Trump. The better aspects of his economic vision, however,

by: MSN

Roanoke College introducing new academic programs in fall of 2025

Roanoke College has announced an expanded educational vision for the school to lead innovation and spark change for a new destination for students applying to the liberal arts college. The new academic structure will become effective in the fall of 2025 to organize its 100 plus areas of study in the

by: MSN

Analysts are revising their mortgage rate forecasts for 2025, and it paints a tougher picture for homebuyers

Mortgage rates were supposed to drop a lot in 2025. Now, that's looking less likely as investors expect higher inflation and a larger deficit.

by: MSN

What does the killing of UnitedHealthcare's CEO reveal about public distrust in corporate leadership?

The killing of UnitedHealthcare CEO Brian Thompson has sparked widespread frustration with the health insurance industry, highlighting the challenges CEOs face balancing public accountability with corporate responsibilities.
  • Fri, December 13, 2024

by: businesslive.co.za

Nedbank CIB backs DRDGold with R2bn for mining expansion

Nedbank Corporate and Investment Banking (CIB) has committed up to R2bn in flexible financial solutions, comprising short- and long-term finance facilities, to support DRDGold Limited's ambitious capital investment programme over the coming years.

by: Mint

Bajaj Finance pivots to profitability with AI, scales back payments ambitions

The lender's revised five-year plan shifts focus from aggressive expansion to sustainable growth, leveraging AI to double assets while retreating from low-margin payments ventures.

by: moneycontrol.com

Personal Finance: Why the angst against SIP is futile

Recently, there have been a couple of statements on social media calling the Systematic Investment Plans (SIP) a scam.

by: Business Standard

No problem with Adani funding Colombo Port project: Sri Lankan minister

The Sri Lankan government wants to see the deep-water container terminal project at the Colombo port go ahead and has no issue with the Adani-led conglomerate using its own resources to fund it, ports minister Bimal Rathnayaka has said.

by: Business Standard

Life insurers adjust term premiums ahead of business end of financial year

While some companies are increasing rates, others are slashing them, and still others have made no change; GST changes on premium taxation may change outlook

by: Yahoo Finance

Ahead of Trump's inauguration, Trump Organization expands its global business

As Donald Trump prepares to return to the White House, his namesake company is expanding its global footprint. Trump's son Eric Trump, an executive vice president with the Trump Organization, on Wednesday formally announced that the family's real estate company is partnering with the Saudi Arabian real estate firm Dar Al Arkan to launch a Trump Tower in Jeddah,

by: Arabian Business

Egypt's central bank advances digital payments with tokenisation and Apple Pay integration

The launch was coordinated with several banks, mobile payment application providers, and fintech companies to facilitate the integration of both international and local systems

by: Arabian Business

Major changes to UAE's VAT rules impact fund managers and virtual asset traders - All you need to know

Fund managers now have a VAT exemption for services provided independently to funds licensed by a competent authority in the UAE. Image: Shutterstock Major changes to the UAE's Value Added Tax (VAT) rules took effect on Nov. 15, with fund managers and ...

by: MSN

Virgo Daily Horoscope Today (Aug 23- Sept 22) December 13, 2024: Increase politeness in speech!

Virgo Money Horoscope Today Improvements in work and business may pick up speed by evening. Refrain from unnecessary interference and show caution in transactions. Virgo Career Horoscope Today Plans will advance with wisdom.

Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms

Brazil's state-run oil company Petrobras said on Thursday it has signed a 16.5 billion real ($2.8 billion) deal to build and charter 12 new support vessels to supply its offshore platforms.
Petrobras, Brazil's state-run oil company, has signed a $2.8 billion deal with a consortium of Seatrium and DOF to build and operate 12 new vessels for supplying its offshore platforms. This agreement, announced on December 12, 2024, aims to enhance Petrobras' logistics capabilities in the pre-salt layer of the Santos Basin, one of the world's largest deep-water oil fields. The vessels will be constructed in Brazil, supporting local industry and job creation, and are expected to start operations by 2026. This investment underscores Petrobras' commitment to expanding its offshore operations and improving efficiency in oil and gas extraction.

Read the Full Reuters Article at:
https://www.reuters.com/business/energy/petrobras-signs-28-billion-deal-12-new-vessels-supply-offshore-platforms-2024-12-12/

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