• Mon, January 20, 2025

by: Reuters

Russia court orders Strabag, shareholders to pay over $2 billion to Rasperia

A Russian court ordered Strabag and its Austrian core shareholders to pay 2.044 billion euros ($2.12 billion) to Russian investment company Rasperia, and that the verdict can be enforced against assets of Raiffeisen Bank International's Russian unit,
  • Tue, January 21, 2025

by: Tuko

Kenya Wildlife Service and PSC Advertise Multiple Job Vacancies

The Kenya Wildlife Service (KWS) and the Public Service Commission (PSC) have announced various job opportunities, including with applications due by February 2025.

by: Richmond

2 bills to give Virginia greater role in affordable housing fail

Bills related to medical malpractice and lawsuits for sexual assault survive as influential lobby groups flex their muscles with mixed success in the General Assembly.

by: manilatimes

Taxation: Evaluating progress and addressing challenges

In a previous article, I discussed the tax reforms implemented last year as well as the upcoming laws we should anticipate in 2025. As these reforms foster economic growth and drive the future of the Philippines,

by: cfodive

6 big AI agent rollouts that impact finance teams

by: BBC

Treasury steps in to protect car loan firms' payouts

The government has intervened to stop car loan firms from potential multi-billion pound compensation payments over concerns they could have a significant and potentially damaging impact on the motor finance market.

by: Forbes

At The Dawn Of A New Era, CFOs Are Optimistic

OneStream CFO talks AI in finance, no Trump tariffs on day one, holiday spending surges while consumer confidence drops.

by: AOL

Wall Street Is Bullish on Microsoft Stock for 2025. Time to Buy?

Analysts at Morgan Stanley say Microsoft (NASDAQ: MSFT) is in a "pole position" to capitalize on growing demand for generative artificial intelligence (AI)-powered applications like AI agents. Other analysts seem to agree.

by: Moneyweb

Naked's new funding a 'vote of confidence' from investors

Digital-only short-term insurance provider Naked Insurance has secured new funding of R700 million, it announced in a statement on Tuesday.

by: cnbctv18

Budget 2025 Expectations Live Updates: COAI seeks fiscal relief for telecom with lower taxes, infra funding and more

Union Finance Minister Nirmala Sitharaman is all set to present her eighth budget on February 1. Tax simplification, increased capital spending, and steps to boost consumption are likely on the table as India navigates slowing domestic growth and global uncertainties.

by: Forbes

Rowan Wilkie: Purpose-Driven CFO Revolutionizing Diagnostic Healthcare

A Unique Executive Facing Unique Opportunities Rowan Wilkie has been with Nutromics for over three years and serves the company as its CFO.

by: Reuters

Economists ramp up projections for Brazil's interest rates to above 15%

Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation expectations, a weaker currency and lingering concerns over the fiscal outlook of Latin America's largest economy.

by: Reuters

Portugal to import more US, Nigerian LNG, aims to end Russian supply

Portugal plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as it aims to end already dwindling supplies from Russia, Environment Minister Maria da Graca Carvalho said on Tuesday.

by: Forbes

Travel And Expense Trends: 4 Predictions For 2025

While no prediction is guaranteed, the future of T&E looks promising. Expect breakthroughs in AI, system integration, diversity of travel options and cross-functional collaboration. These innovations will not only help you manage travel and expenses more effectively but also move your business forward faster.

by: Reuters

UK to conduct zero based review on government spending, deputy finance minister says

Britain's deputy finance minister Darren Jones said on Tuesday the government would conduct the first zero based review of spending in 17 years.

by: Reuters

Wells Fargo hires JPMorgan executive as head of cards and merchant services

U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, effective immediately.

by: Reuters

Climate shift to help boost StanChart income by almost $1 billion, CEO says

Standard Chartered is set to book almost $1 billion in income in 2025 from business geared towards helping clients meet sustainability goals, CEO Bill Winters told executives at the World Economic Forum in Davos,

by: Reuters

China's Vice Premier lunches with Dimon, Schwarzman and other Davos financiers

Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private lunch in Davos on Tuesday.

by: Reuters

Bessent nomination to US Treasury clears Senate Finance Committee

The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.

by: MSN

Insiders question Zuckerberg's Trump-era Meta-morphosis: 'He's a chameleon'

It hasn't been lost on Meta (META) employees that their chief executive, Mark Zuckerberg, is going through a true metamorphosis. In recent weeks, employees say they've grown increasingly concerned and unhappy over their founder's public embrace of President Donald Trump,

by: MSN

FCA faces growing calls for overhaul amid criticism

by: Reuters

Goldman Sachs shuffles management to strengthen Wall Street business

Goldman Sachs is tapping a slew of executives to lead its most important Wall Street businesses, it said on Tuesday.

by: Reuters

BofA CEO welcomes Trump's economic policies as 'good thing' for business

Bank of America Chief Executive Brian Moynihan on Tuesday welcomed economic policies announced by U.S. President Donald Trump since his inauguration as a "good thing" for business.

by: MSN

Florida ranked #1 state for launching your new business

With around 1 in 5 new businesses failing within the first year and inflation making things even more difficult, the personal finance website WalletHub today released its report on the Best & Worst States to Start a Business in 2025.

by: MSN

Biggest Money Doubling Down On Gold | Andy Schectman & Mario Innecco

Liberty and Finance hosted Andy Schectman and Mario Innecco to discuss the current state of the global financial system. Key concerns included rising interest rates, strains on the insurance industry

by: Reuters

Trump's Paris climate exit will hit harder than in 2017

U.S. withdrawal from the world's primary climate pact will have a bigger impact - in the U.S. and globally - than the country's first retreat in 2017, analysts and diplomats told Reuters.

by: Reuters

Barclays-Santander UK is a matter of when, and how

If Banco Santander's Ana Botín wants to sell her British retail business, there's an obvious buyer: Barclays boss C. S. Venkatakrishnan. The biggest questions would be when the 42-billion-pound ($51 billion) UK bank decides to pounce - and whether its relatively new CEO,

by: MSN

Davos Bankers Feel Trump Tailwind That Leaves Europe Chasing US

At the World Economic Forum in Davos, a fresh division in global banking is emerging: firms that get to enjoy the sound of rules being torn up in Washington, and those that get to worry they'll be left behind.

by: MSN

The Sudden Shift in Big Banks' Stance on Fighting Climate Change

Near the end of 2024, the world's hottest year on record, major U.S. banks and asset managers withdrew from initiatives under which they had committed to adhere to lending and business practices that would help achieve net zero greenhouse gas emissions by 2050.

by: Reuters

Santander's Botin says loves Britain and it will remain a core market

Britain is and will remain a core market for Santander , its executive chair Ana Botin said at the World Economic Forum annual meeting in Davos on Tuesday.

by: Reuters

Israeli minister says he welcomes Trump's reversal of US sanctions on settlers

Israeli Finance Minister Bezalel Smotrich welcomed U.S. President Donald Trump's reversal of sanctions imposed by the Biden administration on Israeli settler groups and individuals accused of being involved in violence against Palestinians in the occupied West Bank.

by: MSN

Qubetics ($TICS) Sells Out 429M Tokens Rising as the Best Crypto Presale to Buy for 2025, While Near Protocol Soars 165% and Cosmos Leads the Internet of Blockchains Revolution!

Discover the best crypto presale to buy for 2025! Qubetics ($TICS) promises 1000x potential, standing strong alongside Near Protocol and Cosmos as top crypto picks.

by: MSN

Cognizant, McDonald's extend tech partnershi

McDonald's, which operates over 40,000 locations in more than 100 countries, values the partnership for its role in streamlining enterprise applications and advancing its cloud journey. With impressive last twelve-month revenues of $25.

by: Reuters

Swedish amortisation requirements, mortgage caps gave resilience, Riksbank chief says

Amortisation requirements and mortgage caps in Sweden have safeguarded household resilience and served the economy well, Riksbank Governor Erik Thedeen said in a statement on Tuesday.

by: Reuters

Americans divided over Trump inauguration, some tune it out

U.S. President Donald Trump's supporters on Monday praised his swift executive actions upon his return to the White House, while critics derided his planned mass deportations and a rollback in diversity,

by: MSN

Trust In U.S. T-Bonds Failing; Gold's The #1 Choice | Clive Thompson

Clive Thompson recently warned in an interview with Liberty and Finance of a looming crisis in government debt, urging investors to consider gold as a crucial hedge against inflation.

by: MSN

Building Leaders Through IFSA's Global Vision

At the center of this remarkable growth is Jules Maitrepierre, a leader whose sharp intellect and strategic foresight have redefined the potential of student-led initiatives.

by: MSN

FTSE 100 Live 21 January: Car loan move boosts Lloyds, wage growth accelerates

A boost to living standards after wage growth accelerated to 5.6% has been offset by signs of a cooling labour market. Adjusted for inflation, the real-terms growth in earnings was the highest since summer 2021.

by: MSN

Naked secures R700 million for further IT investment and to fund its rapid growth

Launched in 2018 by actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked reimagined insurance through a digital platform that leverages artificial intelligence (AI) and automation. Its app enables customers to obtain final insurance quotes in under 90 seconds and buy cover online,

by: MSN

Reeves heads to Davos in bid for more investment

Rachel Reeves will bid for more investment in Britain as she travels to the World Economic Forum's annual meeting in Davos this week. The Chancellor is expected to meet the heads of major international banks during her two-day visit to the Swiss town on Wednesday and Thursday in an effort to tout the UK as an investment opportunity.

by: MSN

Virgo Daily Horoscope Today (Aug 23- Sept 22) January 21, 2025: Sensitivity will remain!

Virgo Money Horoscope Today You will focus on business. Avoid frauds. Do not take risks. Do not be under pressure. You will remain enthusiastic. Virgo Career Horoscope Today You will advance with the advice of experienced individuals in your work.

by: MSN

Bajaj Finance joins hands with Airtel to offer financial products - Loans, EMI Card and more

As part of the one-of-a-kind partnership, two products of Bajaj Finance have been piloted on the Airtel Thanks App, both the companies said in a joint statement. By March, four products of Bajaj Finance will be available to customers on the Airtel Thanks App.

by: MSN

Pratap Sarnaik, Minister of Transport, Maharashtra graces CREDAI-MCHI's 32nd Property and Home Finance Expo on the third day

The third day of the 32nd Property and Home Finance Expo, "Mall of Homes," organized by CREDAI-MCHI, witnessed an inspiring turnout during the much-anticipated "Pink Day." It began on an inspiring note with the visit of Pratap Sarnaik,

by: MSN

Bharti Airtel to offer Bajaj Finance's loan products at its app, later at stores

As of now the two products of Bajaj Finance have been piloted on Airtel's app. By March, this number would go up to four. These products are business loan, gold loan, co-branded EMI card, and personal loan.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), January 21, 2025: Strengthen mutual trust!

Aries Money Horoscope Today Focus on business responsibilities. Income will remain steady. Control expenses and investments. Efforts for gains will yield results. Aries Career Horoscope Today Work according to your budget.

by: MSN

Scholz and Merz Take German Election Battle to Davos Crowd

The race to lead Germany is diverting through Switzerland, with a campaigning push in Davos set to showcase competing visions for how to revive Europe's biggest economy.

by: MSN

Scholz and Merz Take German Election Battle to the Davos Crowd

The race to lead Germany is diverting through Switzerland, with a campaigning push in Davos set to showcase competing visions for how to revive Europe's biggest economy.

by: MSN

Gemini Daily Horoscope Today (May 21- June 20), January 21, 2025: Keep confidence high!

Gemini Money Horoscope Today Focus will be on economic and commercial matters, with clarity in professional affairs. Career and business will see a swift pace, and you will be motivated by success. Gemini Career Horoscope Today Maintain patience in pursuing your goals.

Russia court orders Strabag, shareholders to pay over $2 billion to Rasperia

A Russian court ordered Strabag and its Austrian core shareholders to pay 2.044 billion euros ($2.12 billion) to Russian investment company Rasperia, and that the verdict can be enforced against assets of Raiffeisen Bank International's Russian unit,
A Russian court has mandated that shareholders of the Austrian construction company Strabag, including its founder Hans Peter Haselsteiner and his family, pay over 2 billion euros to Rasperia Trading Limited, a Cyprus-based company owned by Russian tycoon Oleg Deripaska. This ruling stems from a lawsuit filed by Rasperia, which claims that Strabag shareholders failed to fulfill an obligation to buy back shares. The shares in question were originally sold to Rasperia in 2014, with an agreement that they would be repurchased by Strabag shareholders if certain conditions were met. The court's decision comes amidst a backdrop of international sanctions and geopolitical tensions, complicating the enforcement of such financial obligations.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/russia-court-orders-strabag-shareholders-pay-over-2-billion-rasperia-2025-01-20/