Sat, February 8, 2025

[ Sat, Feb 08th 2025 ]: Reuters

Uber shares jump to three-month high after Bill Ackman builds $2 billion stake

Shares of Uber Technologies jumped to a three-month high on Friday after billionaire hedge fund manager Bill Ackman announced that he had taken a stake worth about $2.3 billion in the ride-sharing platform.

[ Sat, Feb 08th 2025 ]: TechCrunch

European AI startups raised $8B in 2024

France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They'll

[ Sat, Feb 08th 2025 ]: Reuters

US drillers add oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes said in its closely followed report on Friday.

[ Sat, Feb 08th 2025 ]: Reuters

TB, malaria, newborn health services must restart, says USAID memo

American-funded aid efforts to tackle diseases such as malaria, as well as preventing newborn baby deaths and treating severe malnutrition, should resume, according to a memo from the United States government reviewed by Reuters.

[ Sat, Feb 08th 2025 ]: AOL

Team Trump's fight to convince Wall Street that Musk's DOGE is good for markets

Top Trump officials fanned out this past week to talk to markets about the upside of Elon Musk's activities as questions mounted about his team's access to a sensitive payments system.

[ Sat, Feb 08th 2025 ]: TechCrunch

Pinterest lists DEI attacks as possible business risk in latest filing

Pinterest listed the latest attacks on diversity, equity, and inclusion as a possible business risk in its latest 10-K filing. The company wrote in

[ Sat, Feb 08th 2025 ]: Forbes

Trump Shields Disinformation And Censors Health Data. It Will Affect You

Health and Human Services websites and their health data are critical public resources and must remain free from political interference.

[ Sat, Feb 08th 2025 ]: Kiplinger

Where to Retire: Living in the Dominican Republic

Living in the Dominican Republic offers ex-pats a warm, sunny and affordable retirement. Should you make the move, too?

[ Sat, Feb 08th 2025 ]: Forbes

Tech Guardrails: Combating Rising Defaults In E&S Insurance

Applying the use of technology can greatly improve efficiency for carriers and MGAs in making better decisions while creating outstanding value for the client.

[ Sat, Feb 08th 2025 ]: techUK

AI Action Summit: Day 1

techUK is thrilled to commence the AI Action Summit events in Paris, with our first day proving to be full of productive international dialogue and collaboration around AI governance and innovation.

[ Sat, Feb 08th 2025 ]: MSN

Business Lookahead: Trump's tariff flip flops

From fast-changing tariff decisions, to one market that has had a fast start to 2025, these are the stories to watch in business and finance in the coming week. Olivia Zollino reports.

[ Sat, Feb 08th 2025 ]: MSN

The Week That Was: February 7, 2025

Karl and Cheryl Gorman highlight love, community, and faith as the core of their family life in San Diego. A search is underway for the Bering Air Caravan flight, heading from Unalakleet to Nome, which was reported overdue on Thursday, Feb. 6 CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.

[ Sat, Feb 08th 2025 ]: MSN

Kazakhstan introduces New Visa Options for Skilled Professionals, Digital Nomads

Kazakhstan has launched three new visa categories designed to attract skilled professionals, entrepreneurs, and remote workers, reinforcing the country's position as a hub for global talent and innovation.

[ Sat, Feb 08th 2025 ]: Time

What Whiplash U.S. Climate Policy Means for Business

In his first weeks in office, President Donald Trump has sought to take a wrecking ball to climate and environmental policy. He has directed his administration to roll back a wide range of regulations and aims to undercut the agencies that enforce them by targeting staff.
Fri, February 7, 2025

[ Fri, Feb 07th 2025 ]: BellaNaija

Empowering Women, Transforming Economies: The Shecluded Impact

Shecluded, a female-focused finance and capacity-building company dedicated to unlocking economic prosperity for African female entrepreneurs, has achieved significant milestones. The company has successfully trained over 50,

[ Fri, Feb 07th 2025 ]: canton

Student Entrepreneurs from Six Colleges Collaborate at First-Ever North Country Launch Day

Nearly 50 students representing six North Country colleges joined forces on Friday, Jan. 31, for the inaugural North Country Launch Day at SUNY Canton.

[ Fri, Feb 07th 2025 ]: CRN

30 Notable IT Executive Moves: January 2025

Nice, Abnormal Security, Google Cloud, Oracle, Microsoft and Peraton were among the tech companies making key executive hires and moves in January 2025.

[ Fri, Feb 07th 2025 ]: CNET

Was Your Personal Data Exposed in the Grubhub Data Breach? Here's How to Protect Yourself

Grubhub recently suffered a data breach, exposing the personal data of diners, college students in the delivery service's Campus Dining program, merchants and drivers, the online food delivery service said earlier this week.

[ Fri, Feb 07th 2025 ]: Kiplinger

January Jobs Report Keeps Rates on Pause: What the Experts Are Saying

The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected the unemployment rate to remain unchanged. Average hourly earnings increased 0.5% in January, which was higher than forecast.

[ Fri, Feb 07th 2025 ]: Forbes

Technology And 10-Year Notes: When Fintech And Finance Meet

In the preceding weeks, the Trump administration took significant steps to strengthen the U.S. economy with sweeping policy changes in technology and fiscal policy

[ Fri, Feb 07th 2025 ]: Forbes

Building Financial Models For Predictable Franchise Expansion: A CFO's Perspective On Scaling With Confidence

Establish key performance indicators (KPIs) to help franchisees measure progress and identify improvement areas. This includes both individual franchisee performance KPIs and also comparative metrics against other franchisees. Align expectations for return on investment and ongoing costs to build trust and commitment.

[ Fri, Feb 07th 2025 ]: Fortune

Fortune 500 auto parts supplier Lear looks to slash some 15,000 jobs this year globally

The company is looking to drive growth by winning new business from the one group of automakers most likely to grow in the near future: Chinese domestic brands like BYD, Feely and now Xiaomi.

[ Fri, Feb 07th 2025 ]: Reuters

Health Rounds: Vaccine keeps advanced kidney cancer from recurring

Patients with advanced kidney cancer who received an experimental vaccine after their tumors were removed were still cancer-free years later in a small early-stage trial, researchers reported in Nature.

[ Fri, Feb 07th 2025 ]: Politico

Will deportations end the jobs report caravan?

A surge of immigrants boosted the labor market and helped cool inflation during Joe Biden's administration. Under Donald Trump, the flow of new workers could become a trickle.

[ Fri, Feb 07th 2025 ]: Reuters

Exchange operator Cboe's quarterly profit climbs as hedging activity surges

Exchange operator Cboe Global Markets reported a rise in fourth-quarter adjusted profit on Friday, driven by increased options trading as investors sought to hedge risks.

[ Fri, Feb 07th 2025 ]: Forbes

Business Financing Trends To Watch In 2025 And Beyond

Business financing in the near future will be characterized by flexibility, technology and accessibility. By paying attention to these developments and adapting to the evolving lending environment, businesses will be better positioned to access the funds they need in 2025—and beyond.

[ Fri, Feb 07th 2025 ]: CNET

Your Social Security Number May Already Be Exposed. And It Has Nothing to Do With DOGE

Elon Musk's DOGE was previously granted access to the US Treasury Department's payment systems, drawing the ire of many Americans.

[ Fri, Feb 07th 2025 ]: Reuters

Principal Financial's Q4 profit climbs on strength in specialty benefits business

Principal Financial Group reported an increase in fourth-quarter profit on Thursday, helped by higher premiums and fees in its specialty benefits business.

[ Fri, Feb 07th 2025 ]: Kiplinger

What Is Insurance Good For? Let Us Count the Ways

You might resent having to pay premiums, but when disaster or just a minor fender-bender happens, you'll be happy you have the financial backup.

[ Fri, Feb 07th 2025 ]: cnbctv18

PhonePe exits Account Aggregator business, will partner with other AAs

PhonePe entered the AA space in June 2023, aiming to accelerate the ecosystem's growth. At the time, the adoption of AA services was still low, and the company sought to boost financial inclusion by launching its own AA platform.

[ Fri, Feb 07th 2025 ]: MSN

How to ease financial strains while caring for your parents and children

CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" with tips on how to ease financial strains while caring for both your parents and children. A new survey shows 52% of these adults feel financially disadvantaged because of the support they're providing.

[ Fri, Feb 07th 2025 ]: MSN

Daily Horoscope For Friday, February 7, 2025, For All Zodiac Signs By Astrologer Vinayak Vishwas Karandikar

ARIES Today is the day for your family responsibilities and banking work. Finance: Expect expenditure for education/ vehicle/ house. Career: People from banking/ education/ land/ vehicle will get success.

[ Fri, Feb 07th 2025 ]: cnbctv18

Tweaks suggested to RBI's draft project finance rules by IBA, govt: Sources

The RBI draft says if the net present value of a project comes down leading to a possible credit, this will be construed as a credit event and banks will need to get the project N

[ Fri, Feb 07th 2025 ]: MSN

Czech approves Bitcoin tax exemption for long-term holders

[ Fri, Feb 07th 2025 ]: cnbctv18

RBI Policy | Will monitor liquidity and ensure orderly market conditions, says Sanjay Malhotra

The Governor noted that some banks are hesitant to lend in the uncollateralised call money market, choosing instead to park funds with the RBI.
Thu, February 6, 2025

[ Thu, Feb 06th 2025 ]: cnbctv18

Invesco MF launches India Business Cycle Fund

Invesco Mutual Fund has launched the Invesco India Business Cycle Fund, an open-ended equity scheme focused on business cycle-based investing. The fund aims to generate long-term capital appreciation by dynamically allocating investments across sectors and stocks at different stages of economic cycles.

[ Thu, Feb 06th 2025 ]: aseanbriefing

Danantara: Indonesia's New Sovereign Wealth Fund

Danantara, Indonesia's new sovereign wealth fund, aims to restructure SOEs, attract global investment, and expand assets to US$982B by 2029.

[ Thu, Feb 06th 2025 ]: Kiplinger

What You Need to Know About Elon Musk's Access to Medicare

Officials at Musk-led DOGE were given access to the inner workings of the Centers for Medicare and Medicaid Services (CMS), an agency with a $2 trillion budget.

[ Thu, Feb 06th 2025 ]: MSN

Robin Washington Named Salesforce's New COFO Amid Company's Transformation Into Agentic Era

Washington brings decades of experience, having held leadership positions at some of the world's most respected companies.

[ Thu, Feb 06th 2025 ]: MSN

Top 10 Entrepreneurs Making Waves in 2025

Success isn't just about building a business—it's about making an impact. The Top 10 Entrepreneurs Making Waves in 2025 showcases trailblazers who are disrupting industries, pushing boundaries, and creating lasting change.

[ Thu, Feb 06th 2025 ]: Reuters

Bessent's focus on 10-year US Treasury yield may let Fed off the hook

The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.

[ Thu, Feb 06th 2025 ]: Forbes

Three AI Agents Built On Blockchain To Transform Crypto, DeFi, Gaming

AI Agents built on blockchain deliver 24/7 autonomy and real value. Discover 3 solutions shaping decentralized automation's future. It's all Business to Agent or B2A.

[ Thu, Feb 06th 2025 ]: AOL

A new DEI fault line is being drawn in Silicon Valley

Google is backing away from diversity hiring targets, setting up a stark divide in Silicon Valley as corporate DEI goals come under intensifying scrutiny from Washington, D.C.

[ Thu, Feb 06th 2025 ]: YourTango

People In These 8 Careers Are Now Considered The Most Attractive

Research shows people who are single or casually dating have some strong preferences when it comes to their dates' professional status.

[ Thu, Feb 06th 2025 ]: cfodive

Costco's 'voice': The long goodbye

[ Thu, Feb 06th 2025 ]: Forbes

Trump Gaza Proposal Live Updates: GOP Lawmakers Split On Trump's Plan For Gaza Strip

Trump's proposal to relocate Palestinians out of Gaza and take over the territory was rejected by several foreign nations, including Saudi Arabia, Turkey and China.

[ Thu, Feb 06th 2025 ]: Kiplinger

Trump's Sovereign Wealth Fund: What Is It And How Does It Work?

President Trump signed an executive order that puts in motion plans for a U.S. sovereign wealth fund. Here's what a sovereign wealth fund is and how it works.

[ Thu, Feb 06th 2025 ]: Fortune

A top business consultant says that Trump's trade policies are forcing business leaders build 'tariff war rooms'

To build a playbook for these times, a one-off strategy session won't suffice.

L&T Finance ventures into gold loan business with ?537 crore acquisition of Paul Merchants Finance

This acquisition, valued at ₹537 crore, marks the Larsen and Toubro Group NBFC's entry into the lucrative gold loan market, expanding its portfolio of secured loan products.

Larsen & Toubro Finance Ltd (LTF) has acquired the gold loan portfolio of Paul Merchants Finance Pvt Ltd (PMFPL) for Rs 80 crore, as part of its strategy to expand its presence in the gold loan market. This acquisition includes a portfolio of Rs 79.9 crore and involves taking over 3,500 customers from PMFPL. The deal aims to enhance LTF's market reach and service offerings in the gold loan sector, which is seen as a high-growth area. The transaction was completed on January 18, 2024, and is expected to help LTF leverage its existing infrastructure and expertise to better serve the acquired customer base.

Read the Full cnbctv18 Article at:
https://www.cnbctv18.com/business/companies/merger-and-acquisition-larsen-and-toubro-lt-finance-buys-paul-merchants-finance-gold-loan-portfolio-19554883.htm