• Tue, February 18, 2025

by: Oneindia

India To Cut Import Duties Amid US Tariff Concerns, Says Finance Minister Sitharaman

A 15 per cent to 20 per cent average increase in tariffs could reduce India's exports to the US by 3-3.5 per cent

by: Zawya

Mamo and Paymentology join forces to drive financial inclusion for SMEs across UAE

Mamo partners with Paymentology to work towards closing the financial inclusion gap for SMEs, providing them with virtual Visa prepaid cards linked to Mamo's single platform. The solution empowers businesses to efficiently manage payments, expenses, and financial operations in a streamlined manner

by: Edie

TNFD launches upskilling platform to help corporates master nature disclosure

The Taskforce on Nature-related Financial Disclosures (TNFD) has introduced new online platforms to help organisations and individuals build capacity and knowledge on nature and business risks and opportunities.

by: MoneyWeek

Saba seven becomes four: what now for UK investment trusts?

Having been defeated by seven UK investment trusts' shareholders, Saba's new approach poses the question of what investment trusts mean to retail investors

by: News24

News24 invites you to unpack the Budget with Godongwana and Kieswetter

News24 writer-at-large Carol Paton will unpack the Budget with Finance Minister Enoch Godongwana, SA Revenue Service Commissioner Edward Kieswetter, and Standard Bank chief economist Goolam Ballim.

by: bnnbloomberg

Colombia Suffered a Low Growth 2024 as Energy Sector Lagged

Colombia suffered another year of weak economic growth as the oil, gas and coal sectors contracted while tight monetary policy held back manufacturing.

by: Nairametrics

Klak Unveils Cash Management Platform for SMBs in Nigeria and Kenya

Klak, a leading B2B SaaS provider, has officially launched its innovative cash flow management and finance automation platform designed to

by: ABC

Judge approves emergency plan to keep Britain's largest water company afloat

A judge has approved an emergency plan to keep Britain's largest water company afloat and averted a possible temporary government takeover

by: Kiplinger

Why You May Owe More Tax Soon on Popular Employee Benefits

The proposal is estimated to save $50 billion in spending over 10 years. Kate is a CPA with experience in audit and technology. As a Tax Writer at Kiplinger, Kate believes that tax and finance news should meet people where they are today, across cultural, educational, and disciplinary backgrounds.

by: Indiatimes

India Live News Updates: India, Qatar agree to enhance cooperation in information and intelligence sharing

India, Qatar agreed to enhance cooperation in information and intelligence sharing; developing, exchanging best practices

by: Fortune

Southwest to cut 15% of corporate jobs in first-ever layoffs

The layoffs challenge Southwest's philosophy that happy employees would lead to happy customers, profitability and happy Southwest shareholders.

by: Mint

Quality Power IPO Day 3 Highlights: Issue booked 1.29x. Check GMP, key dates, review, subscription status

Quality Power Electrical Equipments IPO price band is set at ₹401 to ₹425 per share. Subscription kicked off on February 14 and closes on February 18. Quality Power operates in the domain of energy transition technology and electrical solutions.

by: Yahoo

"We were prepared, but not ready;" Small business owners recovering from flooding

by: Variety

Angel City FC Names Carmen Bona President of Business Operations, Promotes Julie Uhrman to CEO

NWSL club Angel City FC has hired Carmen Bona as its president of business operations and promoted Julie Uhrman to CEO ahead of the 2025 season.

by: Forbes

How To Protect Your Real Estate And Hard Assets

At its core, asset protection is a meaningful way to safeguard your future and demonstrate care for yourself, your loved ones and the legacy you've worked hard to build.

by: Forbes

The Future Of Business To Business Banking: Fintech 50 2025

Business-to-business banking continues to dominate on this year's Fintech 50, expanding from nine to eleven companies.

by: Kiplinger

Why 'Standard' Digital Background Checks Can Be So Unreliable

Missing online data, as well as stringent federal and state privacy rules, make it difficult to discover a prospective employee's or tenant's criminal past.

by: Forbes

Traditional Banks And Alternative Finance: A Powerful Partnership

Instead of viewing each other as competition, banks and alternative lenders can work together to provide businesses with a wider range of financing solutions.

by: MSN

Intel stock posts biggest five-day gain in history amid report of potential break-up

Intel (INTC) stock jumped 16% Tuesday following a report that its rivals Broadcom (AVGO) and TSMC (TSM) are exploring potential deals with the chipmaker that would split it into two. The Wall Street Journal reported late Saturday that Broadcom (AVGO) is considering making a bid for Intel's product business,

by: Reuters

Power sector trends reveal widening divide between EU and Russia

Rapidly diverging power generation and emissions trends between the European Union (EU) and Russia highlight a growing energy use gap between several of Europe's largest economies and the former top supplier of energy products to the region.

by: MSN

Business owner concerned lawmakers won't reach sick time deal

Michigan lawmakers have just days to reach a deal before the state requires small and large businesses to offer paid sick time to all employees. (Feb. 18, 2025)

by: Reuters

National Australia Bank's first-quarter cash earnings slip on higher impairment charges

National Australia Bank reported a 3% drop in its cash earnings for the first quarter on Wednesday, impacted by higher credit impairment charges and income tax expense, which offset growth in underlying profit.

by: Forbes

How To Get AI-Ready Without Breaking The Budget

Here's why they're worth considering to deploy AI: 1. Cost Savings: Virtual desktops cut down on hardware expenses and maintenance costs. Since companies can scale resources up or down based on their needs, they can experiment with AI without overcommitting financially.

by: Reuters

HSBC to sell Bahrain retail banking unit to Bank of Bahrain and Kuwait

HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank.

by: Forbes

The Need For Agentic Tech Infrastructure And Orchestration

Agent technology stands at the forefront of generative AI, revolutionizing business and personal interaction models.

by: MSN

Stock market little changed but near record highs, awaiting tariff talk, Fed minutes

US stocks open little changed but near record highs. Investors wait for more tariff talk from Trump and interest rate clues from Fed minutes out Wed.

by: Forbes

Banks Are Gaining Access To A Growing Amount Of Data: Here's How To Use It

As banks gain access to new data and realize opportunities to analyze this data at scale, they can use the resulting insights to deliver on consumers' growing demands.

by: Reuters

Investors went on January emerging market buying spree, report shows

Investors piled into emerging market countries' debt to the tune of $45 billion and bought up $2 billion of Chinese stocks in January, a closely followed report from the Institute of International Finance showed on Tuesday.

by: MSN

Scammers are sending texts about a $1,400 stimulus check. What to know

Scammers are sending texts about a $1,400 stimulus check. What to know - Text appears as a message from the IRS asking people to click on a phishing link and provide personal information

by: Reuters

Trump tariffs would test pricing power of Europe's luxury goods makers

European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S. President Donald Trump, but analysts say some brands may have limited room to hike prices.

by: Forbes

Gold Is Booming: It's Time To Invest Like It's WWIII

Gold is for War. That is why governments stack it - gold is for bullets, tanks and ships when the chips are down. So, it is not a happy moment to watch gold go vertical.

by: MSN

Why Pathward Financial (CASH) Is Among the Most Undervalued Small-Cap Stocks to Invest In

We recently published a list of the 10 Most Undervalued Small-Cap Stocks To Invest In. In this article, we are going to take a look at where Pathward Financial, Inc. (NASDAQ:CASH) stands against other most undervalued small-cap stocks to invest in.

by: MSN

Funding helps support transformational York cafe

A York-based cafe that pledges to transform the lives of ex-offenders and addicts in the local community has benefitted from Skipton Business Finance's nationwide, Communities Matter scheme.

by: Reuters

Norway sovereign wealth fund CEO job attracts 82 applicants, including current chief

Norway's central bank said on Tuesday it had received 82 applications for the position of CEO of the country's vast sovereign wealth fund.

by: Reuters

Aussie "Big Four" banks cut rates, mirroring central bank

Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020.

by: MSN

City of El Paso names new purchasing director

The City of El Paso has named a long-time City employee to serve as its new purchasing director. Claudia A. Garcia will serve as the new purchasing director, effective Feb. 23. The City said in a news release that Garcia "brings extensive experience and leadership to the position,

by: MSN

9 Ways Convenience Culture Is Costing the Middle-Class Thousands in 2025

Companies earn billions encouraging consumers to buy in haste -- and repent at leisure. Everyone loves instant gratification. Then, they wonder why they carry credit card balances they can't pay

by: MSN

Reciprocity Is a Misguided Response to U.S. Economic Strength

A recent push for "reciprocity" in international taxation has gained traction, based on the claim that American companies pay disproportionately high taxes abroad while foreign firms pay far less in the United States.

by: MSN

Survey reveals rise in business confidence among North East life sciences firms

The North East Pharma, Health Tech, and Life Sciences Landscape Survey 2024 has revealed rising business confidence for 2025 among North East life sciences companies.

by: MSN

Intel stock surges on report of Broadcom, TSMC exploring deals that would split up chipmaker

Intel (INTC) stock jumped more than 10% early Tuesday following a report that its rivals Broadcom (AVGO) and TSMC (TSM) are exploring potential deals with the chipmaker that would split it into two. The Wall Street Journal reported late Saturday that Broadcom (AVGO) is considering making a bid for Intel's product business,

by: MSN

Best Cryptos to Buy This Month: Why Qubetics Is Your Next Big Opportunity As Filecoin Was Missed During It's Boom

The crypto market is a rollercoaster ride, and if you're not strapped in, you might miss out on some seriously big moves. In the past few weeks, we've seen some wild swings, with the market making its typical unpredictable moves.

by: MSN

Business expert transforms lives through financial literacy: Trailblazers & Trendsetters

As the nation celebrates Black History Month, PennLive, for the third year, is recognizing men and women making a difference in central Pennsylvania. Today and for the rest of the month we will introduce you to our "Trailblazers and Trendsetters" — Black entrepreneurs,

by: MSN

Sewage Spills, Higher Bills - Britain's Water Crisis Explained

Britain's water industry is bracing for the biggest overhaul since privatization in 1989 amid a scandal over systematic sewage spills and chronic pipe leaks. After decades of underinvestment, it's customers who will shoulder the cost of fixing the problems through the biggest ever bill increase for households and business.

by: MSN

Why the CFO mindset can clash with CEO demands

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: MSN

Target scrapped DEI to please Trump. It's not helping business.

Target is learning that its efforts to please Donald Trump and the GOP have done nothing to improve its bottom line while generating worse "real consequences," reports Ariel Messman-Rucker for Yahoo Finance.

by: MSN

'Child care crisis': Can this tax break proposal benefit businesses, parents and kids?

Having child care for her daughter while Chantel Gonzalez finished college kept her family off the streets, she said. Now, 11 years later, she helps parents find affordable options because she knows such offerings are limited.

by: MSN

Stocks Set to Open Higher as Investors Await Fed Minutes and U.S. Economic Data

S&P 500 E-Mini futures (ESH25) are up +0.28%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.36% this morning, with investors looking ahead to the publication of the minutes of the Federal Reserve's latest policy meeting,

by: MSN

Fortis Inc. (NYSE:FTS) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 14, 2025 Fortis Inc. beats earnings expectations. Reported EPS is $0.583, expectations were $0.57. Operator: Thank you for standing by. This is Betsy, the conference operator.

Aussie "Big Four" banks cut rates, mirroring central bank

Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020.
The article from Reuters, published on February 18, 2025, discusses how Australia's four major banks—Commonwealth Bank of Australia, National Australia Bank, ANZ Banking Group, and Westpac—have all reduced their interest rates following a decision by the Reserve Bank of Australia (RBA) to lower the official cash rate. This move was in response to the RBA's efforts to stimulate economic growth amidst concerns about inflation and economic recovery post-COVID. The rate cuts by these banks are expected to provide relief to borrowers, potentially boosting consumer spending and investment. However, the article also notes that while this might encourage economic activity, it could put pressure on the banks' profit margins and might not be sufficient to address all economic challenges facing Australia.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/aussie-big-four-banks-cut-rates-mirroring-central-bank-2025-02-18/

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