Thu, February 13, 2025

[ Thu, Feb 13th 2025 ]: 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.

[ Thu, Feb 13th 2025 ]: 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?

[ Thu, Feb 13th 2025 ]: 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.

[ Thu, Feb 13th 2025 ]: 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.

[ Thu, Feb 13th 2025 ]: 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.

[ Thu, Feb 13th 2025 ]: citizen

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

[ Thu, Feb 13th 2025 ]: 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.

[ Thu, Feb 13th 2025 ]: 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

[ Wed, Feb 12th 2025 ]: 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,

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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!

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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)

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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,

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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+.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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.

[ Wed, Feb 12th 2025 ]: 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

[ Tue, Feb 11th 2025 ]: 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.

[ Tue, Feb 11th 2025 ]: 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.

[ Tue, Feb 11th 2025 ]: 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.

[ Tue, Feb 11th 2025 ]: AOL

Investing in small businesses in 2025

Despite these benefits, many small businesses often lack funding to sustain and expand their operations, relying on local investors to get the capital they need to grow. Investing in small businesses offers potential returns,

[ Tue, Feb 11th 2025 ]: Forbes

2025 AI Predictions For Small Businesses

Rieva Lesonsky interviews industry experts to learn how AI is transforming small businesses and their predictions for AI's role in business in 2025.

[ Tue, Feb 11th 2025 ]: MSN

6 Best Cryptos with 1000X Potential to Invest in Right Now

Cryptocurrency has been a major topic of conversation in recent years, with prices reaching new highs, blockchain technology revolutionizing industries, and the development of innovative projects constantly emerging.

[ Tue, Feb 11th 2025 ]: MSN

Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says

Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict of interest.'

[ Tue, Feb 11th 2025 ]: cnbctv18

GST cuts likely, some rate slabs may even merge: Finance Minister

Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, which is levied on items of daily use, may be the need of the hour.

[ Tue, Feb 11th 2025 ]: MSN

Decent Global Bond Issuance Volume to Support Moody's Q4 Earnings

Moody's MCO is scheduled to announce fourth-quarter and full-year 2024 results on Feb. 13, before the opening bell. The company's Corporate Finance line, the largest revenue contributor at the Moody's Investors Service ("MIS") division,

[ Tue, Feb 11th 2025 ]: Forbes

The Ladder Of Inference: A Pathway To Better Collaboration

The Ladder of Inference provides a structured way to challenge assumptions, test conclusions and align decisions with broader strategic goals.

[ Tue, Feb 11th 2025 ]: Reuters

US consumer bureau upheaval leaves consumers adrift, experts say

The Trump administration's rapid dismantling of the U.S. consumer protection watchdog will have broad implications for consumers with credit cards, mortgages and bank accounts, leaving Americans with little recourse if they feel they are unfairly treated by their financial institutions,

[ Tue, Feb 11th 2025 ]: Reuters

US consumer watchdog cases in limbo following agency's idling

The Trump administration's idling of the Consumer Financial Protection Bureau (CFPB) left in limbo significant cases the agency brought against companies and large financial firms in the waning days of President Joe Biden's time in office.

[ Tue, Feb 11th 2025 ]: Forbes

How CFOs Can Predict The Unpredictable On Tariffs

Kyriba Chief Enablement Officer Bob Stark says paying close attention to the news, hedging foreign currency and detailed analysis of all possibilities can help.

India's central bank removes restrictions on Kotak Mahindra Bank onboarding customers online

India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from onboarding new customers through its online channels and issuing new credit cards.

The Reserve Bank of India (RBI) has lifted restrictions on Kotak Mahindra Bank, allowing the bank to resume onboarding new customers through its online and mobile banking channels. This decision comes after the RBI had imposed these restrictions in April 2024 due to concerns over the bank's IT systems and risk management practices. The removal of these curbs is seen as a positive development for Kotak Mahindra Bank, which had faced significant operational challenges. The bank can now focus on enhancing its digital infrastructure and expanding its customer base, although it must continue to address the underlying issues that led to the initial restrictions.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/indias-central-bank-removes-restrictions-kotak-mahindra-bank-onboarding-2025-02-12/