• Thu, December 19, 2024

by: Exchange 4 Media

SEBI cracks down on finfluencer with Rs 9.5 cr refund and ban

As per reports, finance influencer Ravindra Balu Bharti and his company have faced action for allegedly operating an unregistered investment advisory business

by: The Financial Express

NBFC loans: Balancing growth and risk in a changing landscape

The RBI has maintained its outlook that NBFCs are a vital catalyst for development of the Indian economy. However, it can be observed that various NBFCs have mushroomed in the market which aim to benefit from the growing demand in the retail sector where the consumers are gullible,

by: Tuko

List of Kenya Commercial Banks That'll Close Shop, Merge after Ruto Signed New Law

President William Ruto signed the Business Laws Act 2024, which stipulated that commercial banks must have a minimum core capital of KSh 10 billion.

by: Arabian Business

ADIO and EXIM forge MoU to boost US-UAE trade in key sectors

It marks a significant milestone in facilitating the import and export of raw materials, services and technology, particularly in priority sectors

by: Business Standard

Laxmi India Finance files draft papers with Sebi to raise funds via IPO

NBFC player Laxmi India Finance Ltd has filed draft papers with markets regulator Sebi to raise funds through an Initial Public Offering (IPO).

by: The New York Times

Where Does a 'Remarkable' U.S. Economy Go From Here?

America's economy is far outstripping its peers, but there are serious risks, including from the president-elect.

by: India Today

How business schools shape future leaders in sustainability and innovation

Business schools are evolving to address global challenges by fostering leadership in sustainability and innovation. Through transformative education, they empower students to create sustainable solutions and drive impactful change in a rapidly changing world.

by: Sussex Express

Hastings-based Social Enterprise Let's Do Business Group to begin working with VCSE organisations in Herefordshire

Let's Do Business Group, based in Hastings, has successfully bid for a new project with Herefordshire Council to provide comprehensive business and marketing support to the voluntary, charity, and social enterprise (VCSE) sector,

by: IMD business school

Time to go green? Process vs outcome - and what bonds are best for you

Green and sustainability-linked bonds offer companies new funding to reach urgent sustainability goals. Salvatore Cantale and Barry Gavin explain how to make the most of a booming market.

by: Business Times

Acra to remove NRIC numbers from Bizfile portal search, government apologises for lapse

THE Accounting and Corporate Regulatory Authority (Acra) will remove National Registration Identity Card (NRIC) numbers from its "people search" function on its Bizfile portal when it is relaunched some time next week,

by: The Motley Fool

Is Advanced Micro Devices Stock Heading for $200 in 2025?

Shares of Advanced Micro Devices ( AMD -2.89%) surged to new highs at the beginning of 2024, but mixed business performance across the company's operating segments has weighed on the stock for most of the year. After reaching a high of $227, the shares are down 44% year to date at the time of writing.

by: Euromoney

Banking leaders double down on sustainability

Economic uncertainty caused by geopolitical turmoil, such as the Ukrainian or the Middle East conflicts, have changed perceptions of sustainability and ESG in some parts of the asset management and banking industries.

by: inc42

Blinkit Ropes In Former Flipkart Executive As CFO

Zomato-owned quick commerce platform Blinkit has roped in Vipin Kapooria as the company's new chief financial officer (CFO)

by: devdiscourse

Global Insurers Join Forces with IFC to Create Jobs, Drive Growth, and Enhance Sustainability

With this latest program, IFC's MCPP platform—an initiative that mobilizes private capital for development finance—has surpassed $19 billion in total capacity.

by: Channel NewsAsia Singapore

'We are very sorry': Government apologises for confusion, anxiety over NRIC unmasking saga

The Cabinet minister issued the apology during a press conference on Thursday, alongside ACRA chief executive Chia-Tern Huey Min who said the incident was due to a lapse in coordination.

by: AOL

Why Robinhood is a better stock than Coinbase despite a 180% surge this year: Analyst

In the Coinbase (COIN) vs. Robinhood (HOOD) investor debate, there is fodder for both bulls and bears. But for veteran fintech analyst Dan Dolev at Mizuho Securities, Robinhood remains an undefeated name with room to grow.

by: Finance & Commerce

The POWER List: Developers 2024

For our inaugural edition of THE POWER 30, we've chosen to focus on the buying, selling and leasing of commercial real estate.

by: Pensions&Investments

Private credit looks to consumers, infrastructure for next stage

ABF allows private credit investors — insurers, pensions and others — to provide investment-grade equivalent loans but see more yield, given the direct origination and illiquidity of deals. This "hunt for yield" is expected to continue and investors can "get paid above a regular-way investment-grade bond," said KKR's Pietrzak.

by: Business Line

New Bill proposes jail, stiff fine for unregulated lending

by: Raleigh News & Observer

American College of Education Announces Launch of Redesigned MBA Program

A champion for high-quality, return on investment-driven online education, ACE now offers a redesigned MBA program - one of the most affordable in the country - that can be completed in as little as 12 months*.

by: Seeking Alpha

Portman Ridge Finance: This 16.4% Yield Is A Hold For Now, But Proceed With Caution

Portman Ridge Finance Corporation offers a high yield but has shown disappointing returns. Click here to read the analysis of PTMN stock.

by: Fortune

Does size matter? Comparing the classes of top MBA schools

Networking, student support, and job opportunities can all be impacted by the size of a business school.

by: The Straits Times

askST: What the move away from masked NRIC numbers means for Singaporeans

A: Singapore is moving away from using masked NRIC numbers, but this does not mean people should fully reveal NRIC numbers in all circumstances. This is the misunderstanding that resulted in Acra making its database of NRIC numbers public, said Second Minister for Finance Indranee Rajah during the press conference.

by: Seeking Alpha

SS&C: Significant Upside For This Undervalued Stock

SS&C Technologies is a strong investment opportunity with significant growth potential in financial and healthcare services. Explore more details here.

by: Forbes

Five Strategic Initiatives Every Entrepreneur Should Prioritize For The New Year

Here are five critical initiatives entrepreneurs should prioritize to ensure their businesses are positioned for resilience and growth in the year ahead.

by: The Straits Times

Acra to restore Bizfile search function; restrict access to full NRIC numbers to paying users

The press conference followed public outcry over Acra's Dec 9 decision to make NRIC numbers searchable on Bizfile for free, without requiring users to first register. The search function, which allows users to look up information about a company's directors and public representatives, was disabled on Dec 13.

by: Channel NewsAsia Singapore

'We are very sorry': Josephine Teo apologises for confusion, anxiety over NRIC unmasking saga

The Cabinet minister issued the apology during a press conference on Thursday, alongside ACRA chief executive Chia-Tern Huey Min who said the incident was due to a lapse in coordination.

by: Business Line

Veefin Group raises ?136 cr for product development and acquisitions; aims a further ?155 cr by Jan 2025

by: AOL

When's the best time to shop for car insurance? (Hint: It could be right now)

While timing your insurance shopping can have an impact, comparison shopping is what really drives your savings. See handy tips to timing your switch to a new insurer.

by: Fortune

Motown: What's going on?

A new CEO with a background in movies will try to bring the label out of its funk.

by: Finance & Commerce

AIA: Architecture billings stable, inquires rising

Architecture billings in the U.S. are stabilizing, and new project inquiries are on the rise, the American Institute of Architects said Wednesday.

by: Seeking Alpha

Rocket Companies: Strong Bearish Trend And Weak Market Sentiments

Rocket Companies' financial performance is poor, with declining revenue, negative earnings, and inability to cover opex. Read why RKT stock is a Sell.

by: Forbes

How Overseas Conflicts Impact Trade Finance

Trade finance is the backbone of world trade and is thus closely linked to geopolitical stability. In today's interconnected world, regional conflicts have ripple effects that extend beyond national borders, creating a dent in international trade and economic equilibrium.

by: CBS News

How to get a low student loan rate for the spring 2025 semester

Choosing the wrong student loan (with the wrong rate) could cost you a lot more than you bargained for. . With the fall semester coming to an end and the spring semes

by: Reuters

UK watchdog plans to simplify investment information, in shift from EU

Britain plans to simplify often complex and unclear documentation handed to investors to boost confidence and drive investments, in what one lawyer called the biggest shift to date from European Union retail regulation.

by: Seeking Alpha

The Final Stretch? Canoo Is Running Out Of Time And Options

I think Canoo will face issues in raising more funds. Click here to read more about GOEV stock and why I rate it is a Strong Sell.

by: Reuters

HSBC Chairman to lead pivotal UK business delegation to China

HSBC Chairman Mark Tucker will lead the British government's most important business delegation to China since 2018 next month, sources told Reuters, as Chancellor Rachel Reeves seeks to attract greater Chinese investment into Britain.

by: MSN

Easy tips to save money don't always work. Here's why.

Amid spending season and a plethora of articles listing ways to control your budget during these holidays, a Deakin University researcher warns there are no quick and easy solutions.

by: MSN

Interest rates live: Bank of England holds interest rates and downgrades growth in blow for Labour

Bank of England holds interest rates and downgrades growth in blow for Labour - The Bank's Monetary Policy Committee voted by a majority of 6-3 to maintain the rate at 4.75 per cent

by: Yahoo Finance

TOPPAN to acquire Sonoco TFP business in US for $1.8bn

TOPPAN Holdings has reached an agreement to acquire Sonoco Products Company's Thermoformed & Flexible Packaging (TFP) business in the US for $1.8bn on a cash-free and debt-free basis. The deal is expected to enhance TOPPAN's global packaging operations by integrating TFP's extensive customer base and solution development capabilities.

by: Reuters

European car sales fall in November, led by France and Italy, ACEA says

New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday.

by: Yahoo Finance

Here's Billionaire Investor Bill Ackman's Favorite Artificial Intelligence (AI) Stock -- and Why It's a No-Brainer Buy for 2025

Bill Ackman is outspoken. Two of them focus on AI -- and they belong to the same company -- Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). At the end of the third quarter of 2024, Pershing Square owned 7.55 million Alphabet Class C shares and 3.

by: MSN

XRP 2025 Predictions: Can Ripple's Crypto Double in Value Next Year?

XRP was falling early Thursday, down 6.2% over the last 24 hours to $2.42, after the Federal Reserve hinted at an easing of the monetary cutting cycle next year. Other cryptos lik

by: MSN

Streamline Health Solutions, Inc. (NASDAQ:STRM) Q3 2024 Earnings Call Transcript

Q3 2024 Earnings Call Transcript December 17, 2024 Operator: Greetings. Welcome to Streamline Health Solutions Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

by: Yahoo Finance

Popular restaurant and wedding venue collapses in cost-of-living battle

Failed to fetch dynamically imported module: https://au.finance.yahoo.com/assets/_app/immutable/nodes/2.DFAxXzO-.js

by: Yahoo Finance

Kering Eyewear Celebrates Decade of Innovation With Harvard Case Study and Commemorative Book

In an exclusive interview, Roberto Vedovotto, founder, president and chief executive officer of the eyewear group, discussed the tribute book "Never Never Never Give Up," focusing on team spirit and resilience.

by: MSN

Jim Cramer on Alcoa Corporation (AA): 'I Have To Go With The Crowd And Say, Not Now'

We recently compiled a list of the Jim Cramer's Lightning Round: 7 Stocks to Watch. In this article, we are going to take a look at where Alcoa Corporation (NYSE:AA) stands against the other stocks to watch.

by: MSN

RLI Rises 17.9% in 6 Months: Can the Stock Retain the Bull Run?

Shares of RLI Corp. RLI have gained 17.9% in six months, outperforming the industry's 11.4% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector's return of 11.1% and 8.

The Final Stretch? Canoo Is Running Out Of Time And Options

I think Canoo will face issues in raising more funds. Click here to read more about GOEV stock and why I rate it is a Strong Sell.
The article from Seeking Alpha discusses the precarious financial situation of Canoo, an electric vehicle startup. Canoo has been struggling with significant cash burn, having spent $173.5 million in 2023, and is now facing a critical juncture with only $6.4 million in cash reserves as of the last report. The company has been attempting to raise capital through various means, including a $52.5 million financing deal with Yorkville Advisors, but this has not been sufficient to stabilize its finances. The article highlights the urgency for Canoo to either secure substantial funding or find a strategic partner to avoid potential bankruptcy. It also mentions the company's efforts to start production and deliver vehicles, but these efforts are overshadowed by the looming financial constraints and the need for a viable business model to attract further investment. The piece concludes with skepticism about Canoo's ability to survive without a significant turnaround in its financial strategy.

Read the Full Seeking Alpha Article at:
https://seekingalpha.com/article/4744994-final-stretch-canoo-is-running-out-of-time-and-options

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