• Mon, February 3, 2025

by: cnbctv18

How India's Makhana is becoming a global superfood

Makhana, or fox nut, is emerging as a globally recognised superfood due to its rich nutritional profile. Its growing popularity has driven international demand, with prices soaring up to ₹13,000 per kg in global markets, Business Today reported.

by: Moneyweb

More pain for ArcelorMittal as headline losses expected to widen

A trading update says the headline loss per share is expected to decline by between 165% and 174% for the year to December 2024. The loss per share will likely range between R4.50 and R4.66, compared with a loss per share of R1.70 for the previous financial year.

by: Couriermail

'In the lurch': Bank slammed after announcing over a dozen closures

An Aussie bank will close more than a dozen branches across the nation in a move which has been slammed as an "attack on regional communities".

by: BBC

Trump and Trudeau hold call after US president delays Mexico tariffs

by: Reuters

Canadians cancel trips, ban American booze after Trump's tariffs

Canadians have canceled trips south of the border, boycotted U.S. alcohol and other products and even booed at sporting events after U.S. President Donald Trump announced 25% tariffs on most of Canada's goods on Saturday.

by: Forbes

The Future Of Payments, Digital Money And The Underlying Technology

The world of finance is undergoing a digital revolution. Here's what the future could look like—and how your business can stay up-to-date.

by: Entrepreneur

Dollar Tree: When the Off-Price Is Still Too Expensive

The latest trend on TikTok and social media is "No Buy" where users vow to spend less or nothing in 2025 because they are tired of high interest rates

by: AOL

Is Netflix a Buy, Sell, or Hold in 2025?

Netflix reaffirmed its dominance among streamers in 2024, closing the year with 301.6 million memberships, a robust 16% increase from the previous year. The streamer pulled in $39 billion in revenue, also up 16% year over year, while its free cash flow held steady at $6.9 billion, matching 2023 levels.

by: MSN

CEO-level SALARY, pajamas optional: 7 high-paying remote jobs you need in 2025

In 2025, remote work offers lucrative opportunities across various fields. High-paying jobs like PR Manager, Finance Specialist, Digital Marketer, Data Scientist, and Content Writer provide flexibility without sacrificing income.

by: MSN

Stocks To Buy Today, Brokerages Recommendation: Adani Ports, ONGC, Bandhan Bank, LIC Housing Finance, Maruti Suzuki and more

Shares of several companies including Adani Ports, ONGC, Bandhan Bank, LIC Housing Finance, and Maruti Suzuki, among others, will be in the news today on February 4, 2025 (Tuesday).

by: Reuters

Explainer: What is a sovereign wealth fund?

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund for the United States.

by: AOL

Bill Gates reminder on Intel struggles: One can get 'annihilated' if you miss a turn in the market

Shares of Intel have plunged 55% in the past year, badly lagging the 21% advance for the Nasdaq Composite ( ^IXIC ). Meanwhile, shares of rival chip player Nvidia have surged 78% over the past year as the company takes a wide lead on artificial intelligence chip innovation compared to Intel and AMD.

by: Forbes

Complexity Costs: A Hidden Tax On Your Business

Profit concentration is one of the clearest signs of complexity costs. Across nearly every business I've worked with, there's a similar dynamic: 20-30% of products, services or customers generate most of the profits (often more than 300%!), while the rest erode value.

by: AOL

Trump's Executive Orders Could Delay Your Tax Refund This Year: Here's What You Can Do

President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may have an impact on your tax refund. One of Trump's EOs initiated a

by: Reuters

Thai finance ministry wants to see rates cut this year

Thailand's finance ministry wants to see a cut in interest rates this year to be align with economic fundamentals and will discuss monetary policy easing with the central bank, a deputy finance minister said on Monday.

by: MSN

Trump to pause promised tariffs for 30 days after speaking with Trudeau

Prime Minister Justin Trudeau spoke to U.S. President Donald Trump early Monday morning about the forthcoming trade war, which has the potential to inflict economic pain on workers and businesses on both sides of the border.

by: MSN

Manitoba Premier Wab Kinew reacts to threats of U.S. tariffs

Manitoba's premier continued to threaten retaliatory actions on Monday should the U.S. president move forward on his threats to tariff Canadian goods. The government is now actively looking for ways to keep government contracts out of the hands of American companies in Manitoba.

by: Reuters

Vanguard slashes fees; expects its investors will save $350 million in 2025

Asset manager Vanguard said on Monday it was lowering the cost of investing across its fund lineup in its largest cut ever and estimated that this would translate into savings of more than $350 million for its investors this year.

by: MSN

Northern Ireland social enterprise firm appoints Newtownabbey businessman as new director

Having successfully led teams of over 250 personnel across the UK and Ireland, Martin Gillespie has worked across key sectors such as blue light services, education, healthcare, legal, and professiona

by: MSN

Trump mistaken, U.S. banks can and do operate in Canada says finance professor

A finance professor at the University of Toronto says American banks do operate in Canada despite assertions by U.S. President Donald Trump that they are not allowed to do business in the country.

by: MSN

SL Green Realty Shows Rising Relative Price Performance; Still Shy Of Key Threshold

A Relative Strength Rating upgrade for SL Green Realty shows improving technical performance. Will it continue?

by: MSN

Stormont restoration: Rate the minister

Yes, First Minister Michelle O'Neill and Deputy First Minister Emma Little-Pengelly present a positive, professional image when attending public engagements or representing the executive on an international stage.

by: MSN

'Moneyball' and 'Big Short' author Michael Lewis says elite rich Americans often overlook these factors that are key to their success

The American dream is based on the idea that if you work hard enough, you can achieve great success — and great wealth. Many people believe we live in a meritocracy, and they tend to put the super rich on a pedestal,

by: MSN

How Marketers Are Bracing for Trump's Tariffs

President Donald Trump's stiff 25% import tariffs imposed on Canada and Mexico over the weekend-plus a 10% tariff on Chinese goods-has already triggered counter-tariffs, trade wars, and threats of legal cases.
  • Tue, February 4, 2025

by: CIO

25 enterprise tech predictions and goals for 2025, from APAC CIOs

Here are 25 key predictions and goals from CIOs across the region, helping businesses stay ahead in an era of unprecedented change. In 2025, AI will transform into 'everyday AI' — affordable, utility-based,

by: Malaysiakini

Brace for impact: Guan Eng proposes six shields against Trump's tariffs

US President Donald Trump's "destructive" tariff policies pose the greatest threat to containing inflation and generating sustainable economic growth for Malaysia, said former finance minister Lim Guan Eng.

by: decrypt

'Full-Throated Demand' for Crypto ETFs Yet to Emerge on Wall Street

Bitcoin and Ethereum ETFs got approved in 2024, but experts say we still haven't seen the "full-throated demand" that's been promised.

by: cryptonews

Bitcoin Miners Consider Hashrate Derivatives as BTC Price Rises

Bitcoin mining firms turn to financial tools like hashrate derivatives to stabilize income and support operational growth.

by: Tuko

NCBA Bank Announces Several Jobs for Kenyans in February 2025

NCBA bank advertised job vacancies in the fields of information technology, fraud monitoring, and management, urging all qualified and candidates to apply.

by: cnbctv18

Ujjivan Small Finance applies for universal banking license with RBI

To qualify for a universal banking license, the bank must meet several eligibility criteria, including being listed on a recognised stock exchange, maintaining a minimum net worth of ₹1,000 crore, and fulfilling minimum capital requirements.

by: AOL

Glassdoor CEO: The workers are talking about you (whether you like it or not!)

Glassdoor recently brought on author Adam Grant as a " chief worklife expert ." Sutherland-Wong wants to expand the platform from ratings and salary-sharing to be a village green where people talk about making their work lives and companies better. That includes leaders who are struggling for the right message in this climate.

by: Forbes

How AI Agents, Blockchain, And DeepSeek Are Reshaping Business In 2025

AI Agents, Swarms of Agents, Blockchain and even DeepSeek are changing the game for businesses of all sizes. As Elon Musk recommends blockchain for the US Treasure.

by: MSN

Coursera's SWOT analysis: online learning giant faces AI-driven growth, challenges

Coursera , Inc. (NYSE:COUR), a leading online learning platform currently valued at $1.24 billion, has been navigating a complex landscape of opportunities and challenges in the rapidly evolving education technology sector.

by: MSN

China retaliates with tariffs on some US goods and a probe into Google

Authorities also announced a probe into Google and put biotech company Illumina and Calvin Klein's parent PVH on China's "unreliable entities list."

by: MSN

'NI hospitality can no longer compete with Republic'

The Republic of Ireland's proposed lower VAT rate could make it harder to attract weddings, warns hotelier.

by: MSN

Trump wrong, U.S. banks can and do operate in Canada, association and professor say

The association representing bankers in Canada says U.S. subsidiaries and branches represent half of all foreign bank assets in the country, despite false claims by U.S. President Donald Trump that American banks can't do business north of the border.

by: Reuters

Apollo Global's fourth-quarter profit tops estimates as assets soar

Apollo Global Management's fourth-quarter profit exceeded expectations, helped by a strong growth in fees and solid performance in its retirement business, sending shares of the company up 4% in premarket trading on Tuesday.

by: MSN

China imposes retaliatory tariffs on US goods including coal, crude oil, and some vehicles

The Ministry of Finance said it would impose tariffs on coal, liquefied natural gas crude oil, agricultural machinery, and some vehicles.

by: MSN

Trump's tariff critics are trading on overblown and unfounded fears

We forget that during America's Golden Age, the government essentially funded itself entirely with tariffs; the income tax didn't even exist.

by: Reuters

Engie still sees strong US appetite for renewables

French power group Engie still sees strong appetite in the U.S. for renewable energy projects and expects the country to remain an integral part of the company's portfolio, Executive Vice President Edouard Neviaski said on Monday.

by: Reuters

Apollo Global's fourth-quarter profit tops estimates as assets surge

Apollo Global Management's fourth-quarter profit exceeded expectations on Tuesday, helped by a strong growth in fees and solid performance in its retirement business.

by: Reuters

HSBC deputy global equities chief takes leave of absence, sources say

HSBC's deputy global head of equities Selene Chong is taking a leave of absence from her role, two sources with knowledge of the matter told Reuters, the latest in a slew of senior leadership changes at the Asia-focused lender.

by: Reuters

HSBC deputy global equities chief takes leave, sources say

HSBC's deputy global head of equities Selene Chong is taking a leave of absence from her role, two sources with knowledge of the matter told Reuters, the latest in a slew of senior leadership changes at the Asia-focused lender.

by: Reuters

Target is sued for defrauding shareholders about DEI

Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that caused customers to flee and the stock price of the Minneapolis-based retailer to plummet.

by: Reuters

Ex-NATO chief Stoltenberg to become Norway's finance minister, local media report

Former NATO Secretary General Jens Stoltenberg was set to become Norway's new finance minister on Tuesday as part of a cabinet reshuffle, broadcaster NRK and business daily DN reported, citing anonymous sources.

by: Reuters

Singapore's GIC appoints Bryan Yeo as group chief investment officer

Singapore sovereign wealth fund GIC said on Tuesday that it has appointed Bryan Yeo, currently deputy group chief investment officer, as group CIO, taking over from Jeffrey Jaensubhakij who will retire and be appointed a GIC adviser.

by: Reuters

What is a sovereign wealth fund?

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a sovereign wealth fund for the United States.

by: Reuters

ING looking for acquisitions to grow in Germany, Italy and Spain, says CEO

Dutch lender ING Groep is considering buying rival banks in major European countries to boost its size, the Chief Executive told Reuters, potentially joining a wave of takeovers that are sweeping the region's financial sector.

Vanguard slashes fees; expects its investors will save $350 million in 2025

Asset manager Vanguard said on Monday it was lowering the cost of investing across its fund lineup in its largest cut ever and estimated that this would translate into savings of more than $350 million for its investors this year.
Vanguard, a major U.S. asset manager, announced on February 3, 2025, that it is reducing fees across a range of its mutual funds and ETFs, expecting to save investors approximately $350 million by the end of 2025. This move includes lowering expense ratios for 12 mutual funds and 18 ETFs, with some funds seeing reductions of up to 10%. The fee cuts are part of Vanguard's strategy to maintain its competitive edge in the low-cost investment market, particularly as investors increasingly turn to passive investment strategies. Vanguard's CEO, Tim Buckley, emphasized the firm's commitment to reducing costs for investors, stating that these savings would directly benefit shareholders by enhancing their long-term investment returns.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/vanguard-slashes-fees-expects-its-investors-will-save-350-million-2025-2025-02-03/

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