Wed, February 19, 2025

[ Wed, Feb 19th 2025 ]: Mint

Samsung Galaxy S25 Ultra: What's new and what stands out

Available for ₹3,612 per month, the Samsung Galaxy S25 Ultra is designed for professionals needing efficiency and security in a high-performance smartphone.

[ Wed, Feb 19th 2025 ]: MSN

Budget 2025 | Parties, unions warn against tax hikes

Unions and political parties are warning against tax increases when Finance Minister Enoch Godongwana presents the budget.

[ Wed, Feb 19th 2025 ]: Reuters

HSBC to sell Bahrain retail banking operations as restructuring progresses

HSBC on Tuesday agreed to sell its retail banking operations in Bahrain to Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank.
Tue, February 18, 2025

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: Yahoo

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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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

[ Tue, Feb 18th 2025 ]: Forbes

The Need For Agentic Tech Infrastructure And Orchestration

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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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,

[ Tue, Feb 18th 2025 ]: 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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: 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

[ Tue, Feb 18th 2025 ]: 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.

[ Tue, Feb 18th 2025 ]: WFMJ

Lariccia School of Accounting and Finance at YSU set as site for VITA Program

The VITA Program began on February 7 and will continue every Friday until April 11. Appointments must be made to participate in the VITA Program as no walk-ins are accepted.

[ Tue, Feb 18th 2025 ]: Reuters

Mexican tequila makers fret as US tariffs threaten their business

With the threat of a 25% U.S. import tax hanging over them, Mexican tequila manufacturers are anxious that businesses they've spent years building will have the rug pulled out from under them.

[ Tue, Feb 18th 2025 ]: MSN

LIVE UPDATES: Singapore Budget 2025

PM Wong says the 2025 Budget advances ForwardSG plans. Singapore Business Review is tracking developments from Singapore's 2025 budget statement live as they are announced by Prime Minister and Minister for Finance Lawrence Wong.

[ Tue, Feb 18th 2025 ]: MSN

Why do some Americans feel franchising is a 'great business model' to consider?

The Claman Countdown' panelists Anthony Pompliano and Alex Smereczniak unpack the benefits of the franchise business model.

[ Tue, Feb 18th 2025 ]: Reuters

Indian benchmarks end flat as Reliance, HDFC offset weakness in earnings, trade worries

India's benchmark indexes settled flat on Monday after eight sessions of declines, as gains in heavyweights HDFC Bank and Reliance Industries offset weakness due to muted corporate earnings and global trade uncertainty.
Mon, February 17, 2025

[ Mon, Feb 17th 2025 ]: Reuters

Complaints targeting BYD flood Chinese consumer portal after smart EV launch

Complaints about BYD , over its move to offer free smart driving features across most of its line-up have flooded a prominent Chinese auto quality platform, many from customers who said they had overpaid for their cars.

[ Mon, Feb 17th 2025 ]: cnbctv18

How India's financial services industry is shaping up in the next decade: An Infosys Finacle perspective

As India's digital public infrastructure evolves rapidly, it is poised to maintain its leadership in digital financial services growth for the next decade, writes Infosys Finacle's chief business officer and global head Sajit Vijayakumar.

[ Mon, Feb 17th 2025 ]: Forbes

Blockchain Rewiring TradFi: A Trillion-Dollar Shift

Wall Street's financial infrastructure is transforming as blockchain moves beyond pilots. Major banks are integrating solutions as the market heads toward $49.2B by 2030.

[ Mon, Feb 17th 2025 ]: Couriermail

'Step up and do their job': Finance expert Mark Bouris reveals interest rates call

One of Australia's biggest finance experts has revealed why high interest rates will do nothing to help a crushing Aussie problem. Everybody assumes that the only way to kill inflation is high interest rates. A lot of the inflation in the economy can be solved by common sense policy.

[ Mon, Feb 17th 2025 ]: TechRepublic

The Big Power of Small AI in 2025

In this TechRepublic exclusive, an IBM VP explains how small language models are a boon for companies of all sizes, enabling them to overcome resource and budget constraints to tap into the business value of AI.

[ Mon, Feb 17th 2025 ]: manilatimes

Spectrotel Announces Key Executive Appointments: Welcomes New Chief Financial Officer and Chief Technology Officer

Spectrotel, Inc., a trusted provider of managed network solutions and comprehensive services, today announced strategic executive appointments, naming Sanjay Patel as Chief Technology Officer (CTO) and Adam Siskind as Chief Financial Officer (CFO),

[ Mon, Feb 17th 2025 ]: Forbes

What Are CFOs Saying About Climate Action Amid Geopolitical Uncertainty?

A new survey of 500 CFOs reveals that businesses are doubling down on sustainability despite economic uncertainty, proving that green investments are here to stay.

[ Mon, Feb 17th 2025 ]: CNET

I Hate Accounting Software. Here's How I Manage My Freelance and Business Taxes Instead

The No. 1 rule of bookkeeping without using accounting software is to have separate accounts for your business and personal funds. This keeps you organized and makes it simple to keep personal and business transactions separate. Business expenses come out of your business bank account and business income flows into it.

[ Mon, Feb 17th 2025 ]: Reuters

Comment: The dangers of ditching Europe's Green Deal

Remaining competitive is fundamental to Europe's future. And implementing the European Green Deal is the best mechanism to get there. Climate change and its costs to the economy are real and set to soar.

[ Mon, Feb 17th 2025 ]: Couriermail

'Turned Washington on its ear': Why Trump tariffs could be good for Aussie company

BlueScope says it could be a major beneficiary of the 25 per cent tariff imposed by US President Donald Trump, even if China onsells its steel into Australia.

[ Mon, Feb 17th 2025 ]: Indiatimes

Top zodiac signs most likely to succeed as entrepreneurs

Entrepreneurship is a path that demands vision, risk-taking, resilience, and innovation. While success depends on hard work and strategy, astrology suggests that certain zodiac signs naturally possess qualities that give them an edge in the business world.

[ Mon, Feb 17th 2025 ]: richest

Here is the projected petrol price for March 2025

The mid-month data points to a smaller petrol price hike in March 2025 than was earlier anticipated, but things could still go either way

[ Mon, Feb 17th 2025 ]: MSN

All seven North East authorities unite for first time for major UK property conference

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)

[ Mon, Feb 17th 2025 ]: Couriermail

Big W announces major update to "Change of Mind" returns policy

One of Australia's retail giants has announced a major update to their "Change of Mind" returns scheme and warned shoppers of items that no longer qualify for the policy.

[ Mon, Feb 17th 2025 ]: MSN

China's Xi urges entrepreneurs to 'show their talents' in sign of support for private business

Chinese President Xi Jinping on Monday urged entrepreneurs to "show their talents" in a "new era" for the nation's businesses, state news outlet Xinhua reported.

[ Mon, Feb 17th 2025 ]: MSN

China's Xi urges entrepreneurs to 'show their talents' in show of support for private business

Chinese President Xi Jinping on Monday urged entrepreneurs to "show their talents" in a "new era" for the nation's businesses, state news outlet Xinhua reported.

[ Mon, Feb 17th 2025 ]: MSN

THIRD of firms hit by Budget tax raid plan layoffs or hiring curbs

A closely-watched survey has found a quarter of businesses expect to make redundancies - the highest level in a decade outside the pandemic.

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

The article from MoneyWeek discusses Saba Capital Management, a hedge fund known for its activist approach in the investment trust sector. Founded by Boaz Weinstein, Saba has been actively targeting UK investment trusts, particularly those trading at significant discounts to their net asset value (NAV). The fund employs strategies like pushing for changes in management, advocating for share buybacks, or even calling for the trusts to be wound up to realize value for shareholders. Saba's involvement often leads to increased volatility and attention from other investors and analysts. The article highlights several instances where Saba has engaged with trusts, resulting in various outcomes from board changes to strategic shifts. It also notes the mixed reactions from the market, with some seeing Saba's interventions as beneficial for unlocking value, while others view it as disruptive. The piece concludes by suggesting that while Saba's tactics can be controversial, they often bring underlying issues to the forefront, potentially leading to better governance and performance in the long run.

Read the Full MoneyWeek Article at:
https://moneyweek.com/investments/saba-capital-management-investment-trusts