• Tue, December 17, 2024

by: Techzim

Cassava Technologies (Liquid's Parent) Secures US$310m in Funding and Reorganises

A few months ago we talked about Liquid Intelligent Technologies being in some financial bother. The company has some good news on that front. Liquid's

by: The New Zealand Herald

Inflation, OCR, and closures: a look at New Zealand's economy in 2024 - The Front Page

The economy has been uncertain for quite some time, and 2024 was no different. Over the last year, we've seen some improvement. In October, the annual rate for inflation had fallen from 3.3% to 2.2%.

by: Kiplinger

On the Naughty List: Holiday Tax Scams to Look Out For

The IRS says scammers are on the prowl for your financial information. Know the signs so you don't fall victim.

by: Business Today

Restrictions lifted: ECL Finance and Edelweiss ARC get RBI's green signal

The Reserve Bank of India (RBI) on Tuesday lifted its five-month-long restrictions on two Edelweiss Group entities—ECL Finance and Edelweiss Asset Reconstruction Company (ARC)—after the firms took corrective steps to align with regulatory norms.

by: News Tribune

Car buyers and credit: What auto financing means for credit scores

Experian provides an overview of credit scores among auto loan borrowers using a review of anonymized and aggregated consumer data as compared to those without auto loans.

by: Investopedia

Millennials vs. Gen Z: Who's Winning the Savings Game?

Both Millennials and Gen Zers are saving money, despite high costs of living and student loan debt. But, both generations have trouble saying no to impulse purchases. Here's how they compare.

by: MarketWatch

How do the rich give away their money? With a smart strategy.

Some wealthy individuals are moving hundreds of thousands of dollars out of their estates, either all at once or over time

by: WPBF

New laws to take effect in Florida on Jan. 1

Some of the notable laws that go into effect on New Year's Day are targeted towards minors and social media use along with protection of first responders.

by: Think Advisor

Draft Bill Attacks Wealthy Families' Private Placement Life Policies

With the Protecting Proper Life Insurance From Abuse Act, Senate Finance Committee Chairman Ron Wyden has proposed classifying private placement life insurance arrangements as ordinary investment funds.

by: AOL

Is the GM stock rally just beginning?

Bank of America's John Murphy stops by to discuss why it's good to be GM right now and for the foreseeable future. GM has secured the Yahoo Finance Surprise of the Year award.

by: Moneyweb

Understanding PE multiples: The sub-10 and over-20 clubs

The risks at the opposite ends of the market are simply not the same, with far more needing to go right for one 'club' than the other.

by: MSNBC

Meet Forbes Media's first female CEO in the company's 107-year history

Sherry Phillips is breaking barriers and making history. This month, Forbes Media announced that Phillips, the company's chief revenue officer, will be promoted to chief executive officer, becoming the first female CEO in Forbes' 107-year history.

by: inc42

Aye Finance Files DRHP For INR 1,450 Cr IPO

The IPO will include a fresh issue of equity shares worth INR 885 Cr and an offer-for-sale (OFS) amounting to INR 565 Cr

by: Finance & Commerce

Chaska advances Beckman Coulter expansion plans

Beckman Coulter, a provider of life diagnostics systems for the health care industry, wants to grow its already strong presence in the southwest metro area with a $50 million building expansion in Chaska,

by: Forbes

Traditional IRA Contribution Limits For 2024 & 2025

Wondering about the traditional IRA contribution limits? Learn about income eligibility and how to maximize your retirement savings with this guide.

by: Mint

Enel India deal on the final stretch

Three investors have made a binding bid for Enel Group's renewable energy business in India, potentially valuing the wind and solar assets at over $500 million.

by: The Globe and Mail

Business leaders' take on Finance Minister LeBlanc: deep ties to Trudeau, no ties to finance

While LeBlanc has limited business experience, he has won praise from friends with roots in both politics and commerce

by: The New York Times

Bracing for a Fed Pullback

Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.

by: MSN

Connecticut Port Authority announces new executive director

The announcement follows a recent audit report of the CPA, noting "several internal control deficiencies" and issues with documentation.

by: World Socialist Web Site

Canada's Liberal government implodes

Justin Trudeau's prime ministership and his Liberal government hang by a thread after his Finance Minister and Deputy Prime Minister, Chrystia Freeland, resigned from the cabinet Monday morning in a manner calculated to inflict maximum political damage.

by: moneycontrol.com

Why Aadhar Housing Finance is a sound long-term bet

The affordable housing finance (AHF) sector is in a sweet spot, given the high demand for small-ticket home loan (HL), low penetration, and government support. We feel that Aadhar Housing Finance (Aadhar; CMP: Rs 438; M Cap: Rs 18,872 crore; Overweight) is well poised to leverage sectoral tailwinds.

by: Reuters

Canada's political crisis: What are the options for PM Justin Trudeau?

Canadian Liberal Prime Minister Justin Trudeau is under increasing pressure to quit after Finance Minister Chrystia Freeland resigned over a policy clash on Monday, setting up one of the worst crises of his nine years in power.

by: Seeking Alpha

Grab: After A Sharp Rally This Year, It's Time To Start Taking Profits (Rating Downgrade)

Key risks beyond valuation for Grab include competition from Gojek and exposure to credit risk from its growing finance arm. Read why GRAB stock is a Hold.

by: cnbctv18

How Invoice Management System enhances GST compliance and Input Tax Credit claims

The introduction of the Invoice Management System (IMS) by the GST Network has brought a shift in how businesses manage Input Tax Credit (ITC) claims and compliance. This new system allows taxpayers to address invoice discrepancies directly on the GST portal.

by: bnnbloomberg

Hong Kong Watchdog Searches Finance Firms' Offices in Listings Probe

Hong Kong's securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq Inc. exchange, according to people familiar with the matter.

by: India TV

PM Kisan Yojana: 19th installment date, eligibility, registration process and e-KYC details

Image Source : PTI/FILE PHOTO Farmers load freshly harvested sugarcane into a tractor trolley. The Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan), jointly launched by the Government of India and the Ministry of Agriculture and Farmers Welfare ...

by: Seeking Alpha

MoneyLion Has An Unusual M&A Deal For You

MoneyLion's acquisition by Gen Digital for $1 billion offers a potential high-reward investment opportunity with strong revenue growth. See more on ML stock here.

by: Reuters

Corporate America pledges donations for Trump's inauguration

Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.

by: MSN

Cancer Daily Horoscope Today (June 21 - July 22) December 18, 2024: Avoid neglecting loved ones!

Cancer Money Horoscope Today You will achieve desired results in all business matters. Economic and commercial opportunities will expand. Cancer Career Horoscope Today Professional connections will grow.

by: cnbctv18

Top Stories | Sensex, Nifty at 2-week low, Trudeau's troubles, One Nation, One Election, and more

TV18's daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 PM.

by: Forbes

CFOs Are Paid More, But Have Less Job Security

Signet Jewelers CFO talks strategy to boost top line growth, rate cut is likely this week, SoftBank makes huge U.S. investment pledge.

by: Reuters

NZ Commerce Commission cuts local companies' fees for Visa, Mastercard payments

New Zealand's Commerce Commission on Wednesday issued a draft decision to reduce the fees that local businesses pay to accept Visa and Mastercard payments.

by: MSN

Up 75% in a Year, Is It Time to Take Profits on SoFi Stock?

Millions of users continue to flock to digital banking platforms for the unmatched convenience and speed of financial services. SoFi Technologies, Inc. (SOFI), a leading fintech disruptor, offers a comprehensive suite of services - loans,

by: Reuters

What options does PM Trudeau face in Canada's leadership crisis?

Canadian Liberal Prime Minister Justin Trudeau is under increasing pressure to quit after Finance Minister Chrystia Freeland resigned over a policy clash on Monday, setting up one of the worst crises of his nine years in power.

by: MSN

Leo Daily Horoscope Today (July 23- Aug 22) December 18, 2024: Relationships will remain harmonious!

Leo Money Horoscope Today Focus on expenses and investments. Planned expenditures will increase. Leo Career Horoscope Today Work will remain moderate. Increase preparation for your plans. Gains in career and business will remain average.

by: MSN

WSJ Crossword December 18 2024 Answers (12/18/24)

Our WSJ Crossword December 18, 2024 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: Reuters

Half US at high risk of power shortfall in next decade, regulator says

About half of the United States is at increased risk of power supply shortfalls in the next decade that could lead to outages and electricity conservation measures, the North American Electric Reliability Corporation said on Tuesday.

by: MSN

Former NFL player, AllianceBernstein vice president Winston Justice named SageSpring CEO

After eight seasons in the NFL and a decade in finance, Winston Justice will be Franklin-based wealth management firm SageSpring's new CEO.

by: MSN

KNSL Stock Rallies 49.9% YTD: A Signal for Investors to Hold Tight?

Shares of Kinsale Capital Group, Inc. KNSL have soared 49.9% year to date (YTD), outperforming the industry's 28.2% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector's return of 27.

by: MSN

FASAC to get six new members in January 2025

The Financial Accounting Foundation (FAF) has appointed six new members to the Financial Accounting Standards Advisory Council (FASAC), effective 1 January 2025. The FASAC plays a role in advising the Financial Accounting Standards Board (FASB) on various matters,
  • Wed, December 18, 2024

by: The Financial Times

Lars Windhorst and H2O: scandal, spies and the superyacht | FT Film

This is the story of Lars Windhorst, a racy financier with nine lives. Once a wunderkind of German business, dubbed the German Bill Gates, Windhorst survived a plane crash and has lost then rebuilt his fortune several times over.

by: QSR magazine

How Burger King and Other Top Brands Are Preparing for 2025

"Shift is great because it is an employee retention and sales-building platform," says David Moorhead, director of marketing and finance at Ander Management ... creating a positive ripple effect throughout the business. "The affordability of ...

by: Firstpost

Rewind 2024: How 2024 was a banner year for IPOs on India's stock market

From Swiggy to Hyundai Motors and NTPC Green, India's stock market has seen a number of blockbuster IPOs in 2024. Companies have cumulatively raised over Rs 1 trillion via IPOs with small and medium enterprises also getting in on the act.

by: Business Times

Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors

CITI and Maybank Securities announced on Wednesday (Dec 18) that they will be working to facilitate the lending of retail clients' global equity holdings together using Citi's platform. Read more at The Business Times.

by: The Financial Express

Controversial advertising: When brands cross the line in shock-and-awe campaigns

Just weeks earlier, Zomato CEO Deepinder Goyal stirred controversy with a job ad for Chief of Staff, unapologetically advertising that the role required candidates to pay a `20 lakh "fee" and work for free for the first year.

by: moneycontrol.com

Shriram Finance seeks record $1.25 billion offshore loan split across currencies

The loan adds to this year's rush of offshore debt sales by Indian shadow lenders after the nation's central bank tightened rules in November 2023 that made it increasingly difficult for the sector to obtain local currency bank loans.

by: MSN

2024 the 'year of the bond' as record inflows top $600 billion

By Harry Robertson LONDON (Reuters) -Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.

by: Reuters

Experts on Honda and Nissan's talks to deepen ties

Honda and Nissan are in talks to deepen ties, two people said on Wednesday, including a possible merger, the clearest sign yet of how Japan's once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.

Cassava Technologies (Liquid's Parent) Secures US$310m in Funding and Reorganises

A few months ago we talked about Liquid Intelligent Technologies being in some financial bother. The company has some good news on that front. Liquid's
The article from TechZim discusses Cassava Technologies' parent company securing a $310 million funding round and undergoing a significant reorganization. This financial boost is aimed at expanding Cassava's digital infrastructure across Africa, enhancing its capabilities in data centers, fiber broadband, and renewable energy solutions. The reorganization involves streamlining operations to improve efficiency and service delivery, with a focus on leveraging technology to bridge the digital divide. The funding will also support the expansion of Cassava's fintech services, aiming to drive financial inclusion and economic growth in the regions where it operates. This strategic move is part of a broader plan to position Cassava as a leading tech conglomerate in Africa, fostering innovation and connectivity.

Read the Full Techzim Article at:
https://www.techzim.co.zw/2024/12/cassava-liquid-parent-secures-310m-funding-and-reorganises/

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