Wed, January 22, 2025

[ Wed, Jan 22nd 2025 ]: AOL

The abrupt closing of activist short-seller Hindenburg highlights 'wear and tear' of betting against stocks

The disbanding of activist short seller Hindenburg Research last week made it clear: The business of uncovering fraud in public companies has become one of the riskiest, burdensome, and often loathed corners of Wall Street.

[ Wed, Jan 22nd 2025 ]: AOL

Salesforce CEO Marc Benioff's war of words with Microsoft rages on at Davos

DAVOS, SWITZERLAND — The weather may have been teeth-chattering along the promenade in Davos, but that didn't stop Salesforce ( CRM) co-founder and CEO Marc Benioff from firing off a few new choice words on AI rival Microsoft ( MSFT ).

[ Wed, Jan 22nd 2025 ]: AOL

C3 AI Teams Up With McKinsey For AI-Driven Business Transformations: Details

C3 AI, Inc. (NYSE:AI) shares are trading higher on Wednesday. The company disclosed a strategic alliance with McKinsey & Company at Davos to accelerate Enterprise AI transformations. The partnership combines McKinsey's AI expertise through QuantumBlack with C3 AI's advanced Enterprise AI software to drive operational improvements and offer new growth opportunities for clients across industries.

[ Wed, Jan 22nd 2025 ]: Reuters

Commerzbank says UniCredit's approach is hostile and unilateral

Commerzbank on Wednesday defined UniCredit's approach for a potential tie-up as "hostile", and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO Andrea Orcel saying there had.

[ Wed, Jan 22nd 2025 ]: Forbes

Unlocking Impact: A Strategic Guide To Blended Finance

There is real momentum in the blended finance movement because it can deploy more capital into financing opportunities outside of traditional investments.

[ Wed, Jan 22nd 2025 ]: Forbes

20 Go-To Resources For Small Business Finances

Reviewing your forecasts weekly and monthly, respectively, helps you to course correct or make agile, data-driven decisions to reach your long-term goals.

[ Wed, Jan 22nd 2025 ]: Reuters

US clean power groups turn to longer deals to finance growth

A buoyant tax credit market, long-term partnerships and financial hedges are allowing U.S. clean power developers to mitigate the impact of high interest rates.

[ Wed, Jan 22nd 2025 ]: AOL

Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.

[ Wed, Jan 22nd 2025 ]: Kiplinger

Why GE Vernova Stock Is Higher After Its Earnings Miss

GE Vernova stock is trading up on Wednesday even after the power company came up short of estimates for its fourth quarter. Here's what investors need to know.

[ Wed, Jan 22nd 2025 ]: Forbes

Retailers Flooded By Returns Need A Three-Pronged Fix

Returns may reach nearly 17% of the retail market in 2024, requiring retailers to reduce the hassle for consumers and their operational challenges handling the volume.

[ Wed, Jan 22nd 2025 ]: Reuters

BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds

BlackRock and Saba Capital Management announced a standstill in a long-raging battle over the future of closed-end funds with the asset manager buying back shares in two portfolios and the hedge fund dropping demands for deep management changes.

[ Wed, Jan 22nd 2025 ]: Mint

Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio

Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered just over three years ago.

[ Wed, Jan 22nd 2025 ]: Crikey

Qantas, startups, 'soft corruption': Joe Aston on going it alone

Joe Aston becomes one of the first big-name journalists in Australian media to attempt a US-style independent venture, with help from some old friends.

[ Wed, Jan 22nd 2025 ]: Outlookindia

Exclusive Interview With Himalay Goel: Driving Innovation In Fintech And Investment Banking

Himalay Goel's journey serves as a testament to the power of adaptability, innovation, and leadership in a rapidly changing financial landscape.

[ Wed, Jan 22nd 2025 ]: Forbes

The Cost Of Confidence: How Overconfidence Could Destroy Your Business

The gap between confidence and overconfidence is invisible. Crossing it can cost you everything. The best leaders know the balance—confidence paired with humility, boldness grounded in caution and vision sharpened by self-awareness.

[ Wed, Jan 22nd 2025 ]: 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.

[ Wed, Jan 22nd 2025 ]: 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.

[ Wed, Jan 22nd 2025 ]: 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.

[ Wed, Jan 22nd 2025 ]: 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,

[ Wed, Jan 22nd 2025 ]: 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.

[ Wed, Jan 22nd 2025 ]: 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

[ Wed, Jan 22nd 2025 ]: 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,

[ Wed, Jan 22nd 2025 ]: 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,

[ Wed, Jan 22nd 2025 ]: 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.
Tue, January 21, 2025

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: cfodive

6 big AI agent rollouts that impact finance teams

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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,

[ Tue, Jan 21st 2025 ]: 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,

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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.

[ Tue, Jan 21st 2025 ]: 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,

[ Tue, Jan 21st 2025 ]: 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.

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,

Jio Financial Services (JFS) has recently invested Rs 117 crore into its mutual fund business, Jio Financial Services Asset Management Limited (JFSAML), as part of its strategy to expand its presence in the financial sector. This investment aims to bolster JFS's capabilities in the asset management industry, which is seen as a move to diversify its portfolio beyond its traditional telecom services. The shares of JFS are under scrutiny by investors and market analysts following this capital infusion, reflecting expectations of growth and potential market expansion in the competitive mutual fund landscape. This development comes at a time when JFS is looking to leverage its brand and technological prowess to capture a significant share in India's burgeoning financial services market.

Read the Full MSN Article at:
https://www.msn.com/en-in/money/other/jio-financial-services-shares-in-focus-after-rs-117-crore-infusion-in-mutual-fund-business/ar-AA1xCTVe