Fri, January 24, 2025

by: Bizcommunity

Trends for South African SMEs in 2025: Unlocking a new era for growth and innovation

In South Africa, small and medium enterprises (SMEs) comprise 91% of formalised businesses, provide approximately 60% of employment and contribute as much as 34% to the

by: tbsnews

5th investment Sukuk coming, expats can participate with foreign currency

The central bank issued a press release in this regard on Thursday (23 January), stating that it plans to issue the Social Impact Sovereign Sukuk, BGIS-5, worth Tk3,000 crore for the project titled "Construction of Important Bridges on Rural Roads Phase 2 (CIBRR-2)".

by: Reuters

Costco shareholders reject call for review of diversity programs

Costco Wholesale shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending a message running counter to the intense scrutiny many such corporate policies face.

by: Indiatimes

Budget 2025 Expectations Live Updates: Will FM Nirmala Sitharaman lower income tax rates to boost consumption, GDP growth?

Will Finance Minister Nirmala Sitharaman present a Budget that will boost consumption, bring GDP growth back o

by: Forbes

Navigating IRA And 401(k) Rollovers: Key Considerations For Retirement Savers

An IRA or 401 (k) rollover is one of those bumps in the road. A number of events can arise that make a rollover necessary, from job termination to plan dissolution to retirement. In each case, factors should be considered to ensure momentum is retained and costly penalties are avoided.

by: Fortune

Founders: Answer these 2 questions before you say 'yes' to an investor for your startup

Startup columnist Andy Dunn on when startups should bootstrap and how to vet a VC.

by: Politico

Your best guesses on 2025

— Which party leaders will still have their jobs at the end of 2025? More than 90 percent see Poilievre and Bloc Leader YVES-FRANÇOIS BLANCHET keeping their gigs. Seventy percent say Trudeau's successor will stay on, and slightly fewer say ELIZABETH MAY and MAXIME BERNIER will still be leaders.

by: Indiatimes

10 most valuable brands in the world in 2025; find out India's leading brand

In 2025, Brand Finance ranked the world's most valuable brands, highlighting companies like Apple, Microsoft, Google, and Amazon for their innovation

by: MSN

Northern Arc Enables DCB Bank's Digital Lending Journey Through Its Proprietary Platform nPOS

Northern Arc Capital, a leading diversified NBFC and financial services platform, has signed a Memorandum of Understanding (MoU) with DCB Bank Ltd., a prominent new generation scheduled commercial bank to leverage Northern Arc's cutting-edge nPOS platform to enhance and scale DCB Bank's digital lending capabilities further cementing a more than a decade old relationship between

by: MSN

Budget 2025: A CFO's playbook for operational excellence and long-term growth

CFOs must align financial operations with Budget 2025-26 policies, focusing on cost optimisation, tax incentives, and digital transformation. Emphasising sustainability, regulatory compliance, and capital allocation is vital.

by: MSN

Budget 2025: Industry expects host of measures in Feb 1 Budget to propel growth and...

The Union Budget for 2025-26 arrives amidst global economic uncertainties and moderating domestic growth. Against this backdrop, economists shared their expectations that could shape the government's policy in the upcoming budget.

by: MSN

Business leaders can no longer ignore the 'north-south' climate divide, top UN official warns

The head of U.N. Global Compact spoke about the growing "chasm" between the global north and south over climate finance and adaptation.

by: MSN

Kenyan mother curses daughter for failing to give her money "Anaomba pesa kila saa"

A Kenyan woman is contemplating cutting ties with her family who neglected her at her time of need after her mother cursed her for not sending money.

by: Tuko

Tanzania Unveils New Banknotes to Be Circulated from February 2025

Tanzania has introduced new banknotes, which will begin circulating in February 2025. The updated currencies based on the 2010 series feature minor modifications.

by: cnbctv18

Davos 2025 | RBI liquidity line to NBFCs will boost confidence, says Sanjiv Bajaj

Sanjiv Bajaj, Chairman and Managing Director (CMD) of Bajaj Finserv said that while liquidity is not a concern for large banks, NBFCs play a critical role in providing credit to tier-two and tier-three cities and underserved segments of society.

by: MSN

Barclays Europe CEO: No single entity can fund AI infrastructure and energy needs

In this episode of The Big Question, Barclays Europe CEO, Francesco Ceccato, joins Euronews' business editor, Angela Barnes, at the World Economic Forum in Davos, Switzerland. The bank boss shares his views on financing the AI boom and the "fragmented" capital markets in Europe.

by: MSN

4 Banking Services You Won't Be Able To Use in Less Than a Decade

As technology advances and society evolves, banking services are changing, too. From the decreased use of cash and checks to changing banking account password requirements, the industry is

by: cnbctv18

Union Budget 2025 Highlights: Grant Thornton Bharat outlines key expectations for Indian aviation space

Highlights: Ashish Chhawchharia from Grant Thornton Bharat highlighted that the Indian aviation industry is focusing on sustainability and connectivity. He expects budget support for initiatives like the UDAN scheme,
Thu, January 23, 2025

by: Forbes

This Week In Credit Card News: Cardholders Stressed With Rising Balances And Delinquencies

A Record Number of Consumers Are Making Minimum Credit Card Payments as Delinquencies Also Rise

by: Reuters

India set to raise farm budget by over 15%, biggest increase in six years

India plans to increase spending for the agriculture sector by about 15% to around $20 billion in next month's budget, two government sources said, marking the biggest increase in six years, as it tries to boost rural incomes and curb inflation.

by: Tuko

Kenya's Debt Distress: Govt Warned to Reduce Borrowing, Cut Taxes to Salvage Falling Economy in 2025

President William Ruto's administration faces a high risk of debt distress in 2025, which could further sink Kenya's economy. Institute of Public Finance (IPF) Kenya Macro Fiscal Analytic Snapshot 2025, indicated that Kenya has breached all the International Monetary Fund (IMF) debt sustainability ratios.

by: Forbes

How Companies Can Incorporate AI Into Everyday Tasks

Large organizations need AI that can work across domains, handle tasks end-to-end and make smart decisions on its own.

by: businessday

Meet the top 10 tech founders accelerating Nigeria's digital space

Nigerian tech leaders are at the forefront of Africa's digital transformation, revolutionising mobile technology, e-commerce, and

by: Forbes

FinCrime In The Age Of AI

FinCrime stands out as one of the critical issues within the realm of artificial intelligence that demands attention in the years ahead.

by: Forbes

How Trump's First Round Of Executive Orders May Impact Jobs And Housing Costs

With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across the country. From tariffs on building materials to deregulation in housing and a renewed push for domestic manufacturing,

by: Forbes

Why The "Bitcoin President" Is Really More Of An "Ethereum President"

Donald Trump's recent cryptocurrency moves reveal a more substantial alignment with Ethereum's ecosystem than Bitcoin, challenging the "Bitcoin President" label and

by: MSN

Stevens Point Common Council clears path for Business 51 reconstruction to begin in 2026

The long planned and debated reconstruction of Business 51 will likely begin next spring but some early preparation work could be seen this year.

by: Reuters

Exclusive: The Trump connection - Why some bought World Liberty Financial tokens

On Sunday, just before Donald Trump's inauguration, crypto investor Mike Dudas bought more than $145,000 worth of tokens from World Liberty Financial, a fledgling crypto company partly owned by the U.

by: Reuters

Britain appoints Alok Sharma to chair Transition Finance Council

The UK government and City of London Corporation have chosen Alok Sharma to chair the Transition Finance Council, as Britain bids to become a global hub for financial products and services that facilitate an economy-wide transition to net zero.

by: Reuters

Boosting gas output while keeping prices low a tough task for Trump

It may take more than a Sharpie pen and White House cheerleading to change natural gas output levels in the United States.

by: MSN

These Are The Cheapest Grocery Stores In America Right Now

The inflation rate has its ups and downs, but one thing seems to always remain constant these days: high grocery prices. The cost of everything from produce to packaged goods to pantry essentials has been increasing for years.

by: Goodreturns

Budget 2025 Expectations: What's In Store For Taxpayers Under The New Tax Regime?

While the current regime offers concessional tax rates and restricts the ability to claim the majority of exemptions and deductions, the previous system gave taxpayers the opportunity to claim a variety of exemptions and deductions.

by: MSN

L&T Finance Ltd. Records Consol. PAT at Rs. 2,007 Cr for 9 Months Ended Dec. 31, 2024, A Growth of 14 percent Over 9 Months Ended Dec. 31, 2023

L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded a consolidated Profit After Tax (PAT) at Rs. 2,007 Crore for the nine months ended December 31,

by: cnbctv18

Why banks are nervous amid economic and regulatory shifts

The slowdown in deposit growth relative to credit expansion has become a focal point for both the Reserve Bank of India (RBI) and the government. Here's more

by: cnbctv18

Budget 2025 Expectation Highlights: India Inc outlines key expectations from FM Sitharaman

The Union Finance Minister Nirmala Sitharaman is set to present her eighth budget on February 1. With the economy grappling with slowing domestic growth and global uncertainties, the budget is likely to focus on tax simplification,

by: Reuters

Swedbank operating profit beats forecast, hikes dividend

Swedish banking group Swedbank reported fourth-quarter operating earnings above market expectations on Thursday on the back of robust interest income and credit quality and proposed a bigger-than-expected hike of its annual dividend.

by: Upstream

Halliburton financials hit by softer markets in Americas

by: AOL

PepsiCo CEO: Not worried about being targeted by Trump administration's food industry critics

PepsiCo CEO Ramon Laguarta states his case to those in the new Trump administration possibly eyeing the health of the food industry.

by: Reuters

Discover Financial fourth-quarter profit jumps on lower loan loss provisions

U.S. credit card issuer Discover Financial posted a more than threefold increase in fourth-quarter profit on Wednesday, helped by a drop in provisions for credit losses and a rise in interest income.

by: MSN

The government is on a charm offensive in Davos, but businesses are sceptical

UK business confidence is set to decline compared to 2024, with more than half of all UK executives expecting business risks to increase in the year ahead, says Heather Blundell Chancellor Rachel Reeves has attended the World Economic Forum's annual meeting in Davos this week with a clear mission - to convince global CEOs and

by: MSN

Why Checking Your Loan Amount With A Gold Loan Calculator Is A Must

Gold loans have become a popular financial solution for those seeking quick and reliable funding options. With minimal documentation, competitive interest rates, and swift disbursal, they offer convenience in times of financial need.

by: MSN

Alphabet Inc. (GOOGL): Revolutionizing AI-Powered Media with Gemini and AP Collaboration

We recently published a list of 10 AI News Making Waves on Wall Street. In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL) stands against other AI news making waves on Wall Street.
Wed, January 22, 2025

by: MSN

Will shoppers pay the price? Retail CEOs weigh impact of Trump tariffs on consumers

Retail CEOs are entering the second Trump administration with a more seasoned approach to potential tariffs, having spent the last few years diversifying their supply chains and refining strategies to mitigate rising costs.

by: MSN

S.Korea's economy barely grows in Q4 as political crisis jolts 2025 outlook

South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further sap growth in a year of rising external risks under a second Trump presidency.

by: MSN

Qubetics ($TICS), Algorand, and Cronos: The Best Crypto ICOs to Invest in for Massive Gains in 2025

Algorand, and Cronos are the best crypto ICOs to invest in for explosive returns. Learn about their presale opportunities and future potential.

by: MSN

Why HF Sinclair Corporation (DINO) Is One of the Worst Performing Energy Stocks in 2024?

We recently compiled a list of the 10 Worst Performing Energy Stocks in 2024. In this article, we are going to take a look at where HF Sinclair Corporation (NYSE:DINO) stands against other worst performing energy stocks in 2024.

by: Kiplinger

Four Ways to Invest in Quantum Computing

Quantum computing offers mind-boggling problem-solving potential. Here are four ways to buy quantum computing stocks.

by: MSN

Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, and CD accounts to help you maximize your earnings.

Trump's 80% memecoin stake is a 'huge red flag' for investors because a rug pull would rocket the president's net worth but also embarrass him

Trump could multiply his estimated wealth if his family's conglomerate suddenly sells its substantial ownership in the token, finance professor Leonard Kostovetsky says.

The article from MSN discusses former President Donald Trump's involvement with a cryptocurrency known as a memecoin, in which he holds an 80% stake. This significant investment raises concerns among investors due to the potential for a "rug pull," a scenario where the creators of a cryptocurrency suddenly abandon the project and sell off their holdings, causing the value to plummet. If such an event were to occur with Trump's memecoin, it could theoretically increase his net worth significantly due to the initial hype and subsequent crash, but it would also likely lead to public embarrassment and potential legal scrutiny. The article highlights the risky nature of memecoins, which often lack substantial backing or utility, making them highly speculative and volatile. This situation underscores the broader issues of celebrity endorsements in the crypto space and the potential for conflicts of interest and market manipulation.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/other/trump-s-80-memecoin-stake-is-a-huge-red-flag-for-investors-because-a-rug-pull-would-rocket-the-president-s-net-worth-but-also-embarrass-him/ar-AA1xG7MT


Similar Business and Finance Publications

on: Wed, Jan 15th 2025
by: MSN

The truth about crypto

From the start, the dream for crypto has always been "be your own bank." I'm being a little simplistic there, but bitcoin, ether, and their digital cousins were supposed to be a smarter flavor of money.
A "descending triangle" pattern in technical analysis points to bigger gains for the top-performing major token.