• Tue, January 21, 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: AOL

Cloudflare CEO on why Apple's Tim Cook, Meta's Mark Zuckerberg, and other tech leaders are bending to Trump

Cloudflare CEO Matthew Prince says the Trump administration should make cybersecurity defenses mission critical.

by: Reuters

US South hit by rare winter storm, deep freeze blankets much of country

A rare winter storm churned across the U.S. Gulf Coast on Tuesday, bringing heavy snow, ice and wind gusts to a region where flurries are unusual, while much of the United States remained in a deep freeze.

by: MoneyWeek

Wage growth in UK jumps ahead of inflation

Latest job market data from the ONS shows that wages grew faster than inflation from September to November, but also reveal a worrying rise in unemployment rates

by: Moneyweb

Reasons SMEs remain small - and how one company is solving this problem

"That suggests to us that SA companies are unable to compete internationally because the margins are too low, or they lack access to the finance or the overseas business networks," says Faadil Moti, CEO and co-founder of 80eight.

by: cnbctv18

Budget 2025 Highlights: Key recommendations for FM Sitharaman to boost financial inclusion and retail investment

As FM Nirmala Sitharaman's team preps to announce Budget 2025, industry bodies have been submitting their wishlist with capex and infrastructure spending, increased income tax exemption and boost to jobs featuring among the key demands.

by: MSN

Is JPMorgan Stock a Buy Post Q4 Earnings & Under Trump 2.0 Policies?

The largest American lender, JPMorgan JPM, announced fourth-quarter and full-year 2024 results on Jan. 15, before the opening bell. The company's quarterly top and bottom-line numbers easily outpaced the Zacks Consensus Estimate.

by: Forbes

Trump's Fossil Fuel Expansion Could Derail Clean Energy Momentum

Commodities tied to clean energy and electrification showed resilience in 2024, despite the global manufacturing slowdown and Trump's roll back of "green" agenda items.

by: MSN

Budget 2025: Higher 87A tax rebate, deduction on home loan, income tax slab and more, what experts demand from FM to boost consumption

Experts demand 87A tax rebate increase, accessible home loans, income tax slabs linked with inflation and others from the FM. A strong case for linking income tax slabs with inflation makes sense now.

by: Reuters

How a flood of finance for sustainable seafood could help save the ocean

Aquaculture is a leading contributor to the failing health of the ocean. Shrimp ponds in Lombok, Indonesia, have devastated climate-critical mangrove forests and contaminated the groundwater. Seaweed farms in Mindanao,

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: 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: 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: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), January 22, 2025: Profitability will increase!

Sagittarius Money Horoscope Today Strengthen career and business. Focus on financial gains. Stay ahead in commercial activities. Profitability will increase. Enhance your status and wealth. Sagittarius Career Horoscope Today Stay motivated by positive outcomes.

by: MSN

Singapore's private sector output growth slows in December

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: MSN

2 Utility Stocks to Buy This January

Meta (Facebook), Microsoft, Nvidia, and Tesla - all have one aspect of technology in common. They all have a division of their business devoted to artificial intelligence (AI). Excitement and anticipation over the potential of AI to revolutionize many aspects of both business and personal

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: MSN

Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation

Treasury Secretary designee Scott Bessent's nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days. The Senate Finance Committee,

by: MSN

The Gold Rush Reloaded: Trends and Insights with Clive Thompson

Clive Thompson, a veteran of the wealth management industry, recently shared his insights on the gold market in an interview with Natural Resource Stocks.

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: MSN

Willis' greater economic powers could come at a cost

The PM has made the finance minister a 'super minister' by adding the rebranded economic portfolio to her plate. What will that look like? The post Willis' greater economic powers could come at a cost appeared first on Newsroom.

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: 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: 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: MSN

FCA faces growing calls for overhaul amid criticism

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: 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: 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: 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.
  • Wed, January 22, 2025

by: Firstpost

Budget 2025: PLI schemes, duty overhaul and business reforms take centre stage

Boosting manufacturing, rationalising duties and enabling ease of business mark are likely to be the focus of Budget 2025

by: Mint

Union Budget 2025 Expectations Live Updates: Finance Minister Nirmala Sitharaman's 8th speech highly anticipated

Industry watchers are awaiting a host of measures from Finance Minister Nirmala Sitharaman — from income tax slabs, GST rationalisation, infrastructure allocation, and regulatory updates, to address economic distress and consumer sentiment.

by: Reuters

UK finance minister wants lower taxes, less regulation

British finance minister Rachel Reeves said the country's finances were now in order following her October budget, and her future instincts were for lower taxes and less regulation.

by: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), January 22, 2025: Focus on improving health!

Pisces Money Horoscope Today Exercise caution in financial matters. Adopt a smart delay strategy in career and business. Profit margins will remain moderate. Pisces Career Horoscope Today Focus on learning and training.

by: MSN

PNC CD Rates: Pros, Cons, and Current Rates

Explore PNC CD rates. Our guide explains PNC CD options, CD security, and current rates. We can help you decide if a PNC CD fits your financial goals.

by: MSN

Taurus Daily Horoscope Today (April 20- May 20), January 22, 2025: Make thoughtful decisions!

Taurus Money Horoscope Today Business outcomes will improve. Business activities will remain steady. Aim to capitalise on opportunities. Taurus Career Horoscope Today Choose goals wisely without taking risks.

by: MSN

UK ousted antitrust chair over lack of focus on growth, Reeves says

Britain forced out the chair of its antitrust regulator because he was not focused enough on the government's drive to boost economic growth, finance minister Rachel Reeves said on Wednesday. Marcus Bokkerink was replaced late on Tuesday by the former Amazon executive Doug Carr on an interim basis,

by: MSN

Jio Financial Services shares in focus after Rs 117 crore infusion in mutual fund business

Both JFSL and BlackRock have subscribed to 5.85 crore equity shares, each priced at Rs 10, in Jio BlackRock Asset Management Private Limited, a 50:50 joint venture between the two companies. This investment amounts to Rs 117 crore,

by: MSN

Going beyond sustainability reporting: the time for climate action is now

South African businesses face mounting pressure to move beyond mere sustainability reporting to tangible climate action. With a R45 trillion global investment need and growing international scrutiny,

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.
Naked Insurance, a South African insurtech startup, has successfully raised $17 million (R310 million) in a Series B funding round, signaling strong investor confidence in its business model and growth potential. This funding round was led by the International Finance Corporation (IFC) and saw participation from existing investors like Yellowwoods, DEG, and Hollard. The capital injection will be used to enhance Naked's technology platform, expand its product offerings, and increase its market presence both locally and internationally. The company, which offers a customer-centric approach to insurance through its app, aims to disrupt traditional insurance models by providing transparent, user-friendly, and efficient services. This investment not only validates Naked's innovative approach but also underscores the growing interest in insurtech solutions in emerging markets.

Read the Full Moneyweb Article at:
https://www.moneyweb.co.za/news/companies-and-deals/nakeds-new-funding-a-vote-of-confidence-from-investors/

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