• Thu, February 13, 2025

by: SiliconANGLE

SAP announces Databricks partnership to power AI with Business Data Cloud

The company also announced a partnership with enterprise data processing and AI company Databricks Inc. The collaboration natively embeds Databrick's technology for data engineering, machine learning and AI workloads into SAP's cloud solution.

by: Impacts

What Does a Finance Broker Do? An Expert Guide for 2025

Finance brokers handle an impressive 55.7% of all residential mortgage business in Australia, and with good reason too. More people are turning to these financial intermediaries as they learn about what finance brokers can do for their lending needs.

by: ProPublica

How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis

Leaders of the Alaska Permanent Fund, which pays residents dividends and finances public services, wanted to invest in Alaska firms. There were warning signs ahead of the bet on Peter Pan Seafood, which is expected to cost Alaskans over $29 million.

by: TheStreet

Black History Month Roundtable: Financial Equity & Racial Equity

The wealth gap has been increasing since 1992. By 2022, Black households held only $15 of wealth for every $100 held by white households.

by: LancasterOnline

Lampeter-Strasburg School District will see $1.2M surplus this year

When: Lampeter-Strasburg school board finance committee meeting, Feb. 10. What happened: Administrators are predicting the district will have a $1.2-million surplus for the 2024-25 school year, Amanda Allison, assistant business manager, told the board.

by: Investopedia

The IRS Is Watching: 5 Red Flags That Could Trigger an Audit

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.

by: Forbes

How Americans Will Prioritize Their Finances in 2025: Spending, Saving And The Debt Dilemma

The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering inflation pressures and consumer debt reaching new highs, the question isn't just whether Americans can stretch their dollars—it's how far those dollars will actually go.

by: Fortune

Netflix cooked up a new live experience for customers: A Las Vegas restaurant serving 'Squid Game' cocktails and a 'Bridgerton' tea

This isn't the first time Netflix has made a foray into the restaurant business.

by: MSN

I-T Bill 2025 referred to Parliament's select committee

A parliamentary committee will review the new Income Tax bill introduced by Finance Minister Nirmala Sitharaman. This bill aims to simplify the existing tax code by reducing the number of sections and word count significantly,

by: Reuters

US power companies increase data center demand spending as DeepSeek fears wane

U.S. electric utilities are adding tens of billions of dollars to spending plans to build new power supplies and bolster the grid as data centers for artificial intelligence and cloud computing drive up energy demand.

by: Reuters

Exclusive: Blackstone seeks $800 million loan to finance New York office purchase, sources say

Blackstone plans to take out a loan of about $800 million to finance the purchase of a stake in a 50-story office building in New York City, according to two sources familiar with the matter.

by: MSN

President/CEO of La. Association of Business and Industry visits Cenla

Will Green, the President and CEO of the Louisiana Association of Business and Industry, stopped in Alexandria to share a recap of 2024 in the legislature.

by: Forbes

Crypto, Interest Rates And AI: How To Navigate 2025 Macro Economics

How to think about Crypto, interest rates, and AI-driven labor market shifts that are set to shape global business, investment, and policymaking.

by: Investopedia

What Is Personal Finance, and Why Is It Important?

It's also about understanding that the principles that contribute to success in business and your career work just as well in personal money management. Three key skills are finance ...

by: Reuters

Walmart in Mexico posts 1.4% bump in fourth-quarter profit

Walmart's Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit on Thursday, coming in at 15.2 billion pesos.

by: Forbes

Margins Critical To Food-And-Beverage Startups

And survivors don't have much room for error since after-tax operating margins among food processors run about 10%, according to a study by the NYU Stern School of Business. That ranks food manufacturing 63 among the 95 industries tracked by the NYU researchers.

by: MSN

These Married Co-Founders Reveal How '30-Minute' and '$10,000' Rules Helped Set Their Business on Track for $1 Billion

Ankur and Aditi Daga both had family ties to the jewelry business — and their own vision for shaking up the industry in the U.S.

by: Forbes

Don't Mistake Activity For Progress: Lessons For Startups And Beyond

In the end, the genius behind "Don't mistake activity for progress" is a reminder to focus on what truly matters. Whether it's building a startup, leading a team or chasing personal goals, the principle remains the same: Be deliberate, prioritize outcomes, and celebrate meaningful progress.

by: Reuters

BAT hopeful Trump administration can take on illicit vapes, CEO says

British American Tobacco is optimistic U.S. President Donald Trump's new administration can tackle a vast market for illegal vapes in the United States, Chief Executive Tadeu Marocco said on Thursday.

by: MSN

Elon Musk: U.S. should leave countries to their own business

Elon Musk streamed into the World Governments Summit in Dubai and weighed in his overhaul of U.S. government, his bid for OpenAI, the most important part of AI safety and more. CNN's Anna Stewart and Becky Anderson discuss.

by: MSN

Coinbase Stock Jumps on Earnings. People Are Interested in Crypto Again.

Donald Trump's return to the White House helped the company to blow past analysts' expectations in the fourth quarter.

by: Forbes

Is 2025 The Year Banking Solves The Customer Experience Conundrum?

Banks can combine their natural advantages—core banking products and long-established brands—with cutting-edge customer experience.

by: Reuters

USAID environmental funding worth $70 mln frozen in Colombia, minister says

Funding worth $70 million for environment and conservation projects from the U.S. Agency for International Development (USAID) have been frozen in Colombia after President Donald Trump moved to gut the organization,

by: Forbes

Forecasting Accuracy: Overcoming A Major Sales Industry Hurdle

As businesses navigate increasingly complex economic pressures, the demand for more reliable and sophisticated sales forecasting methods has only grown in importance.

by: Reuters

Nutella maker Ferrero reports 8.9% increase in revenues

Ferrero, the maker of the Nutella hazelnut spread, reported on Thursday an 8.9% increase in turnover in the financial year ending on August 31, to 18.4 billion euros ($19.2 billion), despite volatile commodity prices and inflationary pressures.

by: MSN

Cancer Daily Horoscope Today (June 21 - July 22) February 14, 2025: Influence will rise!

Cancer Money Horoscope Today Banking activities will be a priority. You will advance family businesses. Business growth will continue. Enthusiasm for financial matters will remain high. Careers and business will flourish.

by: MSN

Trump-linked World Liberty Financial announces new strategic token reserve

The platform is hoping the strategic token reserve will form a "robust financial backbone" for the Trump family crypto venture.

by: MSN

Digital Lending and Entrepreneurship: The Future of Startup Financing

Technological advances have revolutionized every industry - especially the banking world. With the rise of Fintech, more and more businesses are able to leverage significant borrowing opportunities, thanks to the ease and convenience of digital lending.

by: MSN

California is at the center of the country's egg mess. Here's why and what's coming

The price of a dozen eggs has nearly doubled since last year and hit a record high in January. An outbreak of avian influenza in primarily to blame, experts said.

by: MSN

Sony Raises Earnings Guidance on Strength in Game, Music Businesses

The Japanese entertainment and electronics company raised its annual earnings projections after its third-quarter net profit rose on strength in its game and music businesses.

by: MSN

Top 10 Attorneys of 2025 - Leading Legal Experts

The legal field is shaped by those who go beyond the courtroom to set new standards of excellence, advocacy, and influence. The Top 10 Attorneys of 2025 showcases the most distinguished legal minds making an impact in their respective fields.

by: MSN

Note to the White House: The U.S. Trade Deficit Is Homegrown

If President Trump were truly interested in eliminating the trade deficit, he could easily do so by balancing the federal government's budget.

by: MSN

Is your 401(k) portfolio too conservative? 3 ways to tell

A 401(k) retirement plan remains one of the most popular ways to invest for your golden years, and Americans have put away trillions of dollars in them. Despite this popularity, many workers don't know how to best use the plans,

by: MSN

Bain Fights Legal Battle Over Decade-Long South African Ban

Bain & Co. is fighting a legal battle against South African finance and tax authorities in a bid to overturn a decade-long ban on doing business with the state after becoming embroiled in a corruption scandal.

by: MSN

Expert offers surprising take on Trump's crypto push

Frank Speiser, CEO, Metafide, joined TheStreet to discuss how this might impact the broader crypto market. Related: Veteran trader warns against MicroStrategy's Bitcoin play CONWAY GITTENS: So part of this new era under Trump,

by: MSN

Unilever picks Amsterdam over London for primary ice cream listing

Ben & Jerry's maker Unilever will spin out its ice cream business and has chosen Amsterdam for its primary listing, it said on Thursday, in a blow to British finance minister Rachel Reeves' efforts to attract IPOs to London.

by: MSN

Income Tax Dept releases FAQs on new Income Tax Bill, 2025: Check details

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate provisions. Read below to know more about the Income Tax Bill 2025.

by: MSN

English cricket gets 'seminal moment' as $650M raised by investors including Brady, Boehly and IPL

English cricket has generated around $650 million from the sale of stakes in franchises in The Hundred to big-business investors from India and the United States, including consortiums involving NFL great Tom Brady and Los Angeles Dodgers part-owner Todd Boehly.

by: MSN

OP Jindal Global University Launches Online BBA Program With a Focus on Accessibility and Excellence

O.P. Jindal Global University (JGU), recognized as an Institution of Eminence by the Government of India, and ranked as India's Number 1 Private University by the prestigious QS World University Rankings 2023,
  • Fri, February 14, 2025

by: fingerlakes1

Canandaigua officials talk DRI, major housing project, and public art initiative

The Canandaigua Planning and Finance Committee tackled key development and infrastructure issues during its February 10 meeting, covering the city's long-awaited downtown revitalization funding, a proposed housing subdivision, and a public art initiative aimed at enhancing community spaces.

by: MediaNama

Playing Cat And Mouse With Scammers: How Babu Pooniawalla Took Down Over 8300 Fake Apps

Pooniawalla lists suspicious apps on Twitter and an online dashboard, and has managed to get 8300+ pieces of fake apps removed so far.

by: Zawya

SAP debuts business data cloud with Databricks to turbocharge business AI

This landmark partnership between SAP and Databricks marks a new era in enterprise data management as two leaders in their domains come together to redefine how applications and data platforms work together.

by: Zawya

Qatar, Rwanda: Distinguished relations, bright prospects for economic and trade cooperation

by: Zawya

PwC Middle East's 2025 flagship Tax and Legal Seminar in Egypt spotlights AI, compliance, and policy changes

Under the theme "Connecting Experts, Creating Solutions" the seminar emphasized the importance of strategic collaboration between the public and private sectors

by: Reuters

VW, Audi consider keeping combustion engines longer in Europe - Handelsblatt

German carmakers Volkswagen and Audi are considering allowing some combustion engine models to run longer in Europe, the Handelsblatt business news outlet reported on Thursday citing sources.

by: MSN

PAN and Aadhaar: What will be the effect of the new income tax bill on your PAN and Aadhaar, know full details here..

The new Income Tax Bill has been introduced in the Lok Sabha. Finance Minister Nirmala Sitharaman has introduced it. Through this bill, there will be many big and important changes related to income tax.

by: MSN

Oldest Black-owned business in Naples celebrates half a century

The British have enjoyed a Sunday roast for generations, but the tradition is changing. Chef Tom Kerridge, owner of the world's only two Michelin-starred pub, explained the dish's evolution - as well as what makes it so beloved.

by: MSN

Wall Street CEOs arrive at Washington to fix crypto debanking at the Hill

Nutella maker Ferrero reports 8.9% increase in revenues

Ferrero, the maker of the Nutella hazelnut spread, reported on Thursday an 8.9% increase in turnover in the financial year ending on August 31, to 18.4 billion euros ($19.2 billion), despite volatile commodity prices and inflationary pressures.
Ferrero, the maker of Nutella, reported an 8.9% increase in revenues for the fiscal year ending August 31, 2023, reaching 14 billion euros ($15 billion). This growth was driven by strong performances in Europe, Asia, and the Americas, with significant contributions from its Kinder brand, which saw a 17.5% revenue increase. Despite facing challenges like inflation and supply chain issues, Ferrero managed to expand its market share in key regions. The company also highlighted investments in sustainability and innovation, including the launch of new products and the expansion of its Kinder and Ferrero Rocher lines. However, the report also noted a slight decrease in profit margins due to rising costs, although overall profitability remained robust.

Read the Full Reuters Article at:
https://www.reuters.com/business/retail-consumer/nutella-maker-ferrero-reports-89-increase-revenues-2025-02-13/

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