Wed, January 15, 2025

by: MSN

Generative AI, other Kenyan business trends to note in 2025 that shaped 2024

From government tax policies to market fluctuations and artificial intelligence (AI), most businesses in Kenya embraced the trends that have helped them stay afloat.

by: SHINE

Shanghai economy surpasses US$695.6 billion in 2024

Shanghai's economy exceeded 5 trillion yuan (US$695.6 billion) in 2024, mayor of the east China metropolis, Gong Zheng, said Wednesday.

by: Reuters

French central bank recommends cut in popular savings account interest rate

Bank of France Governor Francois Villeroy de Galhau recommended on Wednesday that the government lower the regulated interest rate on popular tax-free savings accounts, offering French banks relief from payouts that exceed those offered by European peers.

by: Reuters

UK banks resist mortgage rate hikes amid money market turmoil

Britain's banks are accepting smaller profit margins and bigger risks on UK mortgage lending as stress in sterling money markets stretches into a second week, industry sources said, with appetite to lend greater than worries about higher funding costs.

by: MSN

Economy May Grow 20% With Female Participation, World Bank Says

Cherie Blair, the human rights lawyer and wife of former UK Prime Minister Tony Blair, will issue a rallying cry for women to have a louder voice in politics after female representation barely advanced in last year's international elections and as female public figures globally faced increased threats of violence.

by: MSN

Sluggish domestic demand leads to job market decline

Lackluster domestic demand is adversely affecting the labor market, where manufacturing, construction and other labor-intensive sectors offered fewer job opportunities and new jobs were created at a slower pace last year.

by: timesnownews

ITR Filing Deadline: Check Last Date To File Late ITR, Penalties And Other Details

Taxpayers have until January 15, 2025, to file late or revised Income Tax Returns (ITR) for FY 2023-24, per CBDT's extension. Missing this deadline can result in legal notices and additional penalties.

by: MSN

Exclusive: Brooks Macdonald makes senior layoffs

Brooks Macdonald has laid off a number of senior staff, including the firm's global head of distribution, in a bid to save costs, City AM can reveal. The redundancies from the asset manager were described by one former employee as "pretty brutal",
Tue, January 14, 2025

by: Emirates247

MoHESR and DEWA join forces to align the scholarship programme with national priorities

Abdulrahman Al AwarThis agreement marks a significant step in preparing Emirati youth for global labour market shiftsOur partnership with DEWA will strengthen our national talent pool, enhance the UAE

by: Kiplinger

How Another Trump Presidency Will Impact the Stock Market in 2025

President Trump will have little direct impact on the stock market, but his policies, initiatives and posts certainly can make prices move. Here's how.

by: Yahoo

Company Says Its Sexy Robot "Companions" No Longer Have Genitals and Are "Not Meant for Sex"

"Through their customized AI and realistic robots, Simulacra is positioned to be a leader in the newly emerging AI companionship market," reads a press release about Tokens.com's acquisition of the company's remaining shares.

by: Investopedia

What's Behind Surging Business Optimism? Likely Some of Trump's Proposals

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications ... MoMo Productions / Getty Images Business optimism has surged since Donald Trump's election in November ...

by: Forbes

The Future Of Accuracy In Healthcare Is Within Reach

With a modern healthcare financial experience, it becomes possible for providers to treat patients without unnecessary bottlenecks, for payers to engage their members in selecting high-quality care for a transparent cost and for patients to focus on their well-being without financial uncertainty.

by: Reuters

Britain's Reeves pledges to stick to fiscal rules at all times

British finance minister Rachel Reeves, facing criticism for her management of the economy after a sharp increase in the cost of government borrowing, said on Tuesday that she would stick to her fiscal rules at all times.

by: Reuters

JPMorgan names CEO contender Jennifer Piepszak as its operations chief

JPMorgan Chase on Tuesday promoted insider Jennifer Piepszak, seen as a strong contender for CEO Jamie Dimon's role, as its chief operating officer in place of Daniel Pinto, who will retire at the end of 2026.

by: MSN

5 Cities That Are Likely To Thrive Once Trump Takes Office

As President-elect Donald Trump prepares for a second term, there are many unknowns about the economy and other important issues for voters, but one thing is for sure-there will be a shake-up in

by: Firstpost

Will Union Budget 2025 deliver on financial sector reforms?

As India looks ahead to the 2025 Budget, the financial sector hopes for smart reforms that will boost stability, support entrepreneurship and make it easier for underserved regions to access capital

by: Forbes

How To Prepare Financial Statements For A Future Public Company

A successful micro-cap IPO relies on telling a compelling growth story, backed by consistent financial data. Ensure that your historical financial statements—typically covering at least the last three years—are prepared in a way that reflects your company's operational reality.

by: Forbes

Partnerships: How To Drive Business Success Without Draining Resources

Collaboration has become a key strategy for success as businesses adapt to a world that is always changing and becoming more complex. When it comes to innovation, expanding into new markets and mitigating risk, collaborative ecosystems will be ...

by: Tuko

Kenya Railways Announces Several Career Opportunities with January Deadline

Kenya Railways Corporation sought to recruit qualified and interested candidates in various fields such as communication, marketing, finance, and management.

by: Forbes

Conversational AI Trends For 2025 And Beyond

The true power of conversational AI lies not in its ability to mimic human speech but in how it reshapes decisions, builds trust and adapts to complexity.

by: Kiplinger

Irrevocable Trusts: So Many Options to Lower Taxes and Protect Assets

Irrevocable trusts offer nearly endless possibilities for high-net-worth individuals to reduce their estate taxes and protect their assets.

by: Reuters

What does Indian industry want from February's budget?

Indian Finance Minister Nirmala Sitharaman will present the national budget on Feb. 1, amid slowing growth in Asia's third largest economy and rising global uncertainties.

by: ThePrint

Small Finance Banks' growth to moderate to 18-20 pc in FY2025: Report

After experiencing robust growth in FY2023 and FY2024, small finance banks (SFBs) are likely to see a moderation in growth to 18-20 per cent in FY2025, down from 24 per cent in FY2024, according to ICRA.

by: Reuters

India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say

India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal deficit goals are being met and kept.

by: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 14, 2025: Maintain generosity!

Sagittarius Money Horoscope Today Optimism in business will grow. Keep working smartly, as sudden developments may occur. Relationships will prove beneficial. Sagittarius Career Horoscope Today You may get involved in property-related matters.

by: MSN

It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know

The IRS has announced the official start of tax season. Learn what you need to know to get your returns filed on-time, accurately, and as inexpensively as possible. Don't fall victim to procrastination or fraud -- get armed with knowledge and make this tax season stress-free.

by: MSN

US economy to lose nearly 6 million American jobs, $1.1T in GDP if Congress lets Trump tax cuts expire: study

The U.S. economy stands to lose nearly 6 million American jobs and $1.1 trillion in GDP if President-elect Donald Trump's 2017 tax cuts expire at the end of 2025.
Mon, January 13, 2025

by: WDRB

Yum! Brands promotes Taco Bell president to lead KFC Division

Mezvinsky has worked for Yum! Brands, Inc. for 20 years and currently serves as president of Taco Bell North America and International. He will succeed Sabir Sami, who is stepping down as KFC CEO at the end of February.

by: Emirates247

UAE and Uzbekistan explore ways to enhance economic relations in sectors of new economy, FinTech, tourism and entrepreneurship

H.E. Bin Touq holds meeting with Minister of Investment, Industry and Trade of Uzbekistan H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a meeting with H.E. Laziz Kudratov, Minister of Investment,

by: SiliconANGLE

Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure

Cryptocurrency infrastructure service provider MoonPay USA LLC announced today that it has acquired cryptocurrency payment platform startup Helio Fintech Ltd. to expand decentralized finance, creator commerce and trading infrastructure.

by: Investopedia

Salary vs. Hourly Pay: What's the Difference?

The Fair Labor Standards Act determines whether U.S. workers can be paid a salary or if they must be paid an hourly wage. It affects more than just their paychecks.

by: BBC

Chancellor will remain for all of Parliament, Downing Street says

Chancellor Rachel Reeves will remain in her role "for the whole of this Parliament", Downing Street has said, as she faces criticism over the falling pound and rising government borrowing costs.

by: CNET

Rocket Money Review 2025

The best one for you depends on your money management style and preferences, but Rocket Money is a great place to start. Formerly known as Truebill, Rocket Money won CNET's 2024 Editors' Choice award for best budgeting app because it's easy to use,

by: AOL

Female founders jump into action to provide relief for Los Angeles wildfire victims

- How to help. After wildfires burned 62 square miles and 12,000 structures in southern California, killing at least 16 people and displacing thousands of families, people have jumped into action to help. That includes female founders and business leaders eager to offer their time, products, and services to people in need.

by: CFO

A CFO action plan for 2025

by: CNET

IRS 1099-K Update: Venmo, PayPal and Cash App Users Should Know About This New Tax Rule

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require third-party payment apps, like PayPal, Venmo or Cash App to report income of over $600 or more per year to the tax agency. The IRS delayed this new reporting requirement in 2022 and again in 2023.

by: Forbes

3 Billion-Dollar Entrepreneur Lessons From World Chess Champion Gukesh

Gukesh Dommaraju, an 18-year-old, recently won the 2024 World Chess Champion. Here are 3 crucial lessons for entrepreneurs to help them succeed — even without VC.

by: Forbes

Newlab To Launch A Saudi Hub. First Focus: Mining Startups

Newlab, a New York-based company that helps launch and fund startups in industrial sectors, is opening a new hub this year in Riyadh, Saudi Arabia. The hub aims to attract startups to Saudi Arabia, focusing first on the mining industry. Future programs will focus on energy, logistics and advanced manufacturing.

by: sinchew

HKICPA participates in the Asian Financial Forum 2025: Explores new growth engines in global sustainability

The Hong Kong Institute of Certified Public Accountants (HKICPA) is participating in the two-day "Asian Financial Forum 2025" from today (13 January to 14

by: Forbes

The Right Time To Start Planning Your Business Sale

The best time to start planning is when your business is doing well—ideally growing, profitable and showing stable performance. Buyers want to invest in businesses with upward momentum. Planning early allows you to position the business as an attractive opportunity, not a distressed asset.

by: CIO

10 top priorities for CIOs in 2025

A new year brings new opportunities and fresh challenges. To better position your business to thrive in 2025, here's what CIOs should prioritize over the next 12 months.

by: Reuters

Six EU countries call for lowering of G7 price cap on Russian oil

Six European Union countries called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.

by: Reuters

Italian bank deposits' growth accelerates further in November

Italian residents' deposits with domestic banks rose for the sixth month in a row in November and at a faster pace, while bank lending to businesses fell for the 22nd consecutive month, the Bank of Italy said on Monday.

by: Reuters

Commerzbank chairman sees little chance of amicable UniCredit merger, report says

Commerzbank's supervisory board chairman Jens Weidmann said there is little chance for an amicable merger with UniCredit after the Italian bank's surprise purchase of a hefty stake in the German lender,

by: MSN

Top 10 African countries with the highest cost of living in 2025

A high cost of living index can affect a country's global perception. African countries such as South Africa and Kenya, which draw considerable tourist and expatriate communities, may risk losing their appeal if living expenses grow without a corresponding increase in quality.

by: MSN

Leo, Weekly Horoscope, January 12 to January 18, 2025: Challenges may appear midweek

A promising start to the week invites success and excitement, particularly around the 12th and 13th for taking risks. Challenges may appear midweek, especially financially, but optimism returns by the 16th with recognition and opportunities.

by: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 13, 2025: Team spirit will improve!

Sagittarius Money Horoscope Today You will maintain momentum in your career and business, delivering performances beyond expectations. Responsibilities will be handled efficiently, leading to improved financial gains.

It's Official! Tax Season Starts Jan 27, 2025 -- What You Need To Do and Know

The IRS has announced the official start of tax season. Learn what you need to know to get your returns filed on-time, accurately, and as inexpensively as possible. Don't fall victim to procrastination or fraud -- get armed with knowledge and make this tax season stress-free.

The IRS has officially announced that the tax filing season for 2025 will begin on January 27, 2025. Taxpayers are encouraged to gather all necessary documents, such as W-2s, 1099s, and receipts for deductions, before filing. The IRS will start accepting and processing returns on this date, with most refunds expected to be issued within 21 days if there are no issues with the return. Key points include the importance of filing electronically for faster processing, the availability of free filing options for many taxpayers, and reminders about changes in tax laws or credits that might affect returns. Taxpayers should also be aware of potential delays due to errors or incomplete information, and the IRS recommends using direct deposit for refunds to expedite receipt of funds.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/personalfinance/it-s-official-tax-season-starts-jan-27-2025-what-you-need-to-do-and-know/ar-BB1rj6Da