Thu, February 13, 2025

by: Indiatimes

Top 20 richest families in Asia 2025: Mukesh Ambani leads; followed by key Indian and Asian business empires

Mukesh Ambani, CEO of Reliance Industries, leads Bloomberg's list of the Top 20 Richest Families in Asia 2025, showcasing dominance in diverse industr

by: MSN

Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale

Eight automakers including BYD, at least nine financial securities companies, three state-owned telecommunications operators and smartphone brand Honor are among the many that have rushed to integrate with DeepSeek in the last week.

by: decrypt

Riot Taps Advisors to Explore AI Partnerships as Bitcoin Miners Eye New Revenue Streams

With declining Bitcoin mining revenue and rising difficulty, companies like Riot are seeking new revenue streams.

by: Reuters

Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

by: Reuters

Commerzbank to cut 3,900 jobs, mainly in Germany

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

by: Indiatimes

Indian student admissions in Canada are affected by geopolitics and government relations, says dean of Alberta School of Business Vikas Mehrotra

Q: A lot has changed in the world since you became the dean; how is the B-school adapting to the new realities globally?

by: MSN

'Vindicated': Dallas City Council rezones neighborhood that once housed Shingle Mountain

The six-year fight to change city policies that allowed a southern Dallas community to become the dumping ground for roofing debris — infamously known as 'Shingle Mountain' — is over. The Dallas City Council voted 12-1 Wednesday to rezone the neighborhood.

by: Yahoo

WEATHER AWARE for Heavy Rain and Severe Storms Tonight - CBS 42 News at 4 pm Weather Update

Chief Meteorologist Dave Nussbaum says to be Weather Aware Tonight for a threat of heavy rain, flooding, damaging winds, and a few tornadoes. We will dry out and cool down Thursday and Friday. Need to be Weather Aware Saturday for another round of severe storms.

by: MSN

The federal paperwork mine in DOGE's crosshairs is real and bizarre

In the Oval Office on Tuesday, Elon Musk said the government stores and processes retirement paperwork in an old limestone mine. It's real.

by: citizen

Why are African start-up exits scarce and how can founders better prepare?

by: MSN

Is Albertsons Companies, Inc. (ACI) the Cheapest Retail Stock to Buy?

We recently published a list of the 12 Cheap Retail Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Albertsons Companies, Inc. (NYSE:ACI) stands against other cheap retail stocks to buy right now.

by: Reuters

South Korea fines JPMorgan, Nomura, UBS and Morgan Stanley for short selling breaches

South Korea's market watchdog has imposed fines on JPMorgan, Nomura, UBS and Morgan Stanley for violating short-selling rules in the domestic stock market, an official at the Financial Supervisory Service said on Thursday.
Wed, February 12, 2025

by: Indiatimes

Top 6 Zodiac signs that attract money like a magnet

These six zodiac signs have unique traits and qualities that allow them to attract wealth like a magnet. Whether it's through hard work, strategic planning, leadership, or their natural charm, each sign's special abilities in attracting money stem from their astrological alignment with the planets that govern wealth,

by: fbcnews

New loan facility to assist women

Hundreds of women in micro and small enterprises are set to benefit from a new loan facility supported by a $4 million boost from the Asian Development Bank. Merchant Finance Limited's Women's MSEs product, backed by ADB, will dedicate 75 percent of its funding to women in business.

by: Forbes

America And The West Look To Eurasian Energy

Trump's push for energy autarky ignores key dynamics - especially the global pivot to Eurasia for energy needs. However, there is an unorthodox opportunity for America.

by: cnbctv18

New Income Tax Bill proposes key changes: 23 chapters, 16 schedules, and taxpayer's charter

Sources indicate that the bill focuses on easing compliance. The new framework will streamline paperwork, integrate digital platforms, and simplify return filing procedures, reducing the burden on taxpayers.

by: CNBC

Amica life insurance review 2025

CNBC Select reviews Amica's term and whole life insurance plans, which come with a free terminal illness rider.

by: AOL

JPMorgan Chase reportedly to start rounds of layoffs

JPMorgan Chase has several rounds of layoffs coming this year, and some workers at the company have apparently started being told they will lose their jobs, according to Barron's.

by: TechRepublic

Chase Business Checking Review: Is It Right for You?

Read our Chase Business Banking Review to discover the pros, cons, fees, and features of Chase's business checking accounts, and decide if it's right for you!

by: Fortune

'We are a speck of dust': CEO of $80 billion DoorDash reveals candid take on popular delivery app's standing

DoorDash's CEO argues his company has plenty of room for growth in its core restaurant delivery business in addition to newer initiatives.

by: WDSU

Inflation rises as consumer prices surge in January

January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.

by: manilatimes

Ascendis Pharma Reports Fourth Quarter and Full Year 2024 Financial Results

COPENHAGEN, Denmark, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced financial results for the fourth quarter and full year ended December 31, 2024, and provided a business update.

by: Forbes

The Life Insurance Industry Is Misbranded

Since its inception in the 1800s, the total value of U.S. life insurance has ballooned to over $21 trillion today. Life insurance grew quickly during its first 75 years, but growth slowed in the 20th century and flattened over the past decade.

by: AOL

Worried about a market bubble? Here are 4 tips to protect your portfolio now and in the future

Consider holding a portion of your portfolio in a highly liquid investment — like a money market fund — to be better positioned for future opportunities. Make sure you're taking care of the basics and consistently contributing to a workplace retirement plan like a 401 (k). Remember that slow and steady typically wins the investing race.

by: WTNH

What does having the Consumer Financial Protection Bureau on hold mean for consumers?

The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer

by: Diginomica

From AI to ROI via EX - Freshworks priorities for 2025 take shape as revenues rise, losses narrow in 2024

From AI to ROI via EX - Freshworks priorities for 2025 take shape as revenues rise, losses narrow in 2024 Employee Experience is being pitched as a growth sweet spot for Freshworks as the CRM vendor ends its 2024 fiscal year on a strong beat with revenues up and losses down.

by: MSN

The latest merger & acquisition and fundraising news in Welsh business

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Forbes

How Payment Tech Can Help 5 Year-End Financial Pain Points

Here are five common pain points finance teams probably faced in closing out 2024—and how the right tools implemented today can make next year's close less stressful.

by: MyJoyOnline

UBA Ghana wins 3 awards from Global Business and Finance Magazine

UBA Ghana has been recognised with three top awards by the Global Business and Finance Magazine Awards. The Bank won Best Digital Bank Ghana 2025, Best ESG & Sustainability Bank Ghana 2025 and Bank of the Year - Corporate & Commercial Banking Ghana 2025

by: MSN

Super Micro stock surges after outlining ambitious 2026 targets, assuring investors it will avoid delisting

Super Micro Computer (SMCI) stock climbed as much as 12% in premarket trading on Wednesday after the tech company announced a positive update on its plans to avoid being delisted by the Nasdaq and outlined an ambitious new revenue goal for 2026.

by: TradeWinds

Wallenius Wilhelmsen boasts 'unique' backlog with room to run as trade-choking tariffs loom

Wallenius Wilhelmsen shares spent 2024 on a roller coaster, opening the year at NOK 90.50 ($8.04) before peaking as high as NOK 138.80 and ending the year at NOK 93.50.

by: MSN

The market is looking very positively at DOGE and Elon Musk, says Wharton's Jeremy Siegel

Jeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, state of the economy,

by: Reuters

Commerzbank plans job cuts, new targets to keep UniCredit away, sources say

Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit , multiple people with direct knowledge of the plans told Reuters.

by: Tuko

APHRC Advertises Field Interviewer Jobs for Form 4 Leavers with KCSE C+, Other Positions

The African Population and Health Research Center (APHRC) has announced job openings for field interviewers, inviting applications from Form 4 leavers with KCSE C+.

by: Reuters

JPMorgan sees investment banking fees rising by mid-teens percentage in first quarter

JPMorgan Chase's investment banking fees have grown by a mid-teens percentage so far in the first quarter as clients' economic optimism grows, Chief Operating Officer Jennifer Piepszak said on Tuesday.

by: CNET

How to Track a Paper Tax Refund Check That's Coming in the Mail

Typically, a paper check will take three to eight weeks to arrive in your mailbox, but you can track exactly where your tax refund is and when you can expect to receive it with the USPS' tracking tool, Informed Delivery. The free service sends you alerts for all new mail and provides images of the front of envelopes.

by: Reuters

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

by: News24

SA will likely wait until 2026 to lower inflation target, investors and analysts say

South Africa will probably wait until next year to lower its inflation target, according to a Bloomberg survey of investors and analysts.

by: Newsroom

'Woke banks' row: Bank reveals $132m exposure to risky petrol stations

BNZ says it isn't completely banning lending to petrol stations, but maintains its rationale to limit exposure is commercial, not idealogical.
Tue, February 11, 2025

by: AOL

Super Micro stock drops ahead of business update

Hindenburg shut down in mid-January. Super Micro last year was granted an extension by the Nasdaq to submit its late filings by Feb. 25. The company has hired a new accountant, and the server maker said an independent review of its business found no evidence of misconduct.

by: Mint

New Income Tax Bill 2025 Highlights: New I-T bill to be tabled in Lok Sabha on Thursday; How will it impact taxpayers?

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week.

by: MSN

Bank of England to cut interest rates only twice more, NIESR predicts

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.

by: MSN

Taurus: Your finance horoscope - February 12

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Reuters

DuPont raises 2025 profit forecast on strong electronics demand

DuPont de Nemours raised its 2025 profit forecast and beat fourth-quarter earnings estimates on Tuesday, as the industrial materials maker benefited from strong demand for electronics and a recovery in its water and protection segment.

by: MSN

The impact of Trump's tariffs is already being felt

There are already winners and losers from Trump's tariff announcements, from investors betting on gold to fashion brands pausing marketing campaigns.

by: Reuters

Guyana issues 30-day notice to cancel Frontera, CGX Energy's license

Guyana's government has given a CGX Energy and Frontera Energy joint venture a 30-day cancellation notice of its license to explore the offshore Corentyne block, where it has found oil, the Canada-based companies said on Tuesday.

by: Forbes

Trump Tariffs Live Updates: EU Says It Is Readying Countermeasures Against 25% Steel And Aluminum Tariffs

President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that will likely please domestic steelmakers but hurt allies like Canada and Mexico.

by: Forbes

AI Agents Are Coming For Your Industry: Here's Who's First In Line

From tech and finance to retail and logistics, discover which sectors are ready to embrace AI agents that work 24/7 without breaks, and learn the critical factors.

Ascendis Pharma Reports Fourth Quarter and Full Year 2024 Financial Results

COPENHAGEN, Denmark, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced financial results for the fourth quarter and full year ended December 31, 2024, and provided a business update.

Ascendis Pharma A/S announced its financial results for the fourth quarter and full year of 2024. The company reported total revenue of $157.6 million for the year, with a significant increase attributed to the sales of SKYTROFA, their once-weekly growth hormone therapy, which generated $145.7 million. Despite this, the company experienced a net loss of $580.7 million for the year, largely due to increased operating expenses, including research and development costs which rose to $378.9 million from $298.6 million the previous year. Operating expenses were driven by higher personnel costs, clinical trial expenses, and manufacturing costs for ongoing and future product launches. Ascendis also highlighted progress in their pipeline, with positive developments in treatments like TransCon PTH for hypoparathyroidism and TransCon CNP for achondroplasia, alongside plans for further regulatory submissions and market expansions.

Read the Full manilatimes Article at:
https://www.manilatimes.net/2025/02/13/tmt-newswire/globenewswire/ascendis-pharma-reports-fourth-quarter-and-full-year-2024-financial-results/2054927