Wed, March 19, 2025

by: cnbctv18

Bajaj Housing Finance shares surge 6%; Here is why April 15 is key for the stock

Although shares of Bajaj Housing Finance continue to trade well above their IPO price of ₹70, they are still 34% below their post-listing high of ₹188, despite the recent recovery.

by: GOBankingRates

Ally Bank Promotions: Best Offers and Bonuses

Ally Financial is perhaps most well-known for Ally Bank, a full-service bank that offers certificates of deposit, checking and savings accounts, credit cards, mortgages and loans. Ally also minimizes overhead by operating only online,

by: Reuters

Ben & Jerry's says parent Unilever decided to oust ice cream maker's CEO

Ben & Jerry's said its parent, Unilever , decided to oust the ice cream maker's chief executive, Dave Stever, escalating a battle over the subsidiary's independence on social policy issues.

by: Moneycontrol

Sell, buy back and save: Here's how tax harvesting can maximise your returns

Tax harvesting can help investors minimise tax liability by offsetting capital gains with losses, optimising returns and legally reducing taxes, making it a useful tool for tax savings
Tue, March 18, 2025

by: CNN

Trump is claiming credit for plummeting egg costs. So why haven't you noticed lower prices?

The Trump administration is declaring victory for defeating a massive pain point for inflation-weary Americans: Egg prices are plunging.

by: CNA

More residents found higher-skilled jobs in 2024 as resident employment grew: MOM

More residents were employed in growth sectors like financial services and information and communications, while resident employment fell in lower-skilled sectors.

by: KETV

'Business as usual' for Nebraska's urban search and rescue team

NETF-1 is ready to respond to any future federal requests, but their main mission is being a resource for the state and people of Nebraska.

by: Alternet

'Business has been neglected': Longtime Tesla investor demands Elon Musk resign as CEO

Ross Gerber — one of the earliest investors in the Tesla electric vehicle company — is now calling on South African centibillionaire Elon Musk to step down from his role as chief executive. Gerber delivered his remarks on Sky News,

by: SmartAsset

Amortization vs. Depreciation: Differences and Examples

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives. Amortization applies to intangible assets like patents and trademarks. Depreciation deals with tangible assets like buildings,

by: GOBankingRates

Citi Flex Plan: What Is It and How Does It Work?

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: UPI

Nvidia, GM announce strategic business partnership

General Motors Corp. and Nvidia officials have agreed to a business partnership that will help GM more efficiently produce current and next-generation vehicles.

by: Marketplace

Uncertainty drives gold to record prices

Gold has hit a record of $3,000 per ounce thanks to investor uncertainty surrounding the stock market and U.S. treasury.

by: Newsweek

US Business Leaders React To Trump's New Steel And Aluminum Tariffs

The 25 percent duties, which came into effect last week, have drawn concern from sectors reliant on the two metals.

by: Zawya

Qatar's corporate finance revenue to exceed $192.30mln in 2025

This growth marks a promising phase for the country's economic development, reflecting the ongoing evolution of Qatar's financial landscape

by: Cryptopolitan

Tax rules in Germany require crypto investors to keep record of transactions

by: Fortune

Wall Street sell-off is actually being caused by warped expectations vs reality, says JPMorgan strategy boss

While some investors may be watching the headlines and wringing their hands, those bullish on the U.S. are seeing the downturn as an opportunity. BlackRock CEO Larry Fink, for example, said he views current market conditions as a chance to snap up stocks at a reduced rate.

by: Kiplinger

How Small Businesses Can Clear the Economic Hurdles Ahead

Shifting rules on taxes, trade and regulation are creating uncertainty for SMBs. Owners can overcome that by focusing on efficiency, flexibility and investment.

by: AOL

Trump and the expiration of the TCJA: Here's what's next for your tax bill

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here's what could happen.

by: TechBullion

Qubetics Is Taking Over - Why It's the Best Crypto to Invest in March 2025 With AAVE And Tron in the Spotlight

When it comes to the best crypto to invest in March 2025, there's a lot of noise and options. But if you want to see your portfolio grow, you'll need to pick projects that truly stand out. One of the newest contenders gaining momentum is Qubetics ($TICS),

by: EquityBulls

Manba Finance Limited forms Strategic Alliances with BGauss Auto, Fin Coopers Capital, and ProsParity

Manba Finance Limited today announced forming a strategic alliance with BGauss Auto, Fin Coopers Capital, and ProsParity to drive India's shift towards sustainable mobility and empower the aspirations of customers across the country.

by: Goodreturns

Manappuram Finance Eyes Fundraise On March 20 Board Meet; What Should Investors Expect?

Manappuram Finances share price surged during early trading on March 18 in preparation for its board meeting on March 20 to address the fundraising move. Manappuram Finances shares started Tuesday at Rs 213 on the BSE,

by: Sharecast

Close Brothers shares tank as motor finance provisions lead to H1 loss

Close Brothers shares tanked on Tuesday after the merchant banking group swung to a heft loss in the first half on the back of a £165m provision for motor finance commissions.

by: CoinDesk

Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain

Securitize and Ethena Labs, two firms working closely with BlackRock's money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi).

by: GlobalData

Novuna Business Finance partners with BBB for green asset finance pilot

The initiative under the Growth Guarantee Scheme aims to expand funding for SMEs investing in low-carbon assets.

by: Forbes

Smart Strategies For Improving Cost Control, Efficiency And Sustainable Growth

Maximize efficiency and cut costs with smart AI, automation, and cloud strategies. Discover how FIS achieved sustainable growth with these solutions!

by: Bloomberg

Vietnam at 'Real' Risk of New US Tariffs, US Business Group Says

The Trump administration could slap new tariffs on Vietnamese goods as a tool to rebalance trade between the US and the Southeast Asian Country, U.S.-Asean Business Council President and Chief Executive Officer Ted Osius said at a Hanoi briefing.

by: Monitor

Plan your business exit early

The partnership between an investor and entrepreneur always has an end time. Therefore, every entrepreneur, even before signing the investment contract, should have the exit in mind.

by: Moneycontrol

Urgent Loan Apps: How they work and other key details to check before borrowing

Need cash fast? Urgent loan apps provide quick approvals and instant disbursals, but it's important to compare interest rates and terms before borrowing. Here's what you need to know.

by: Insider

An HR company says it used a Slack trap to catch a corporate spy

A Rippling lawsuit says a spy locked himself in a bathroom when approached with a court order to seize his phone.

by: Reuters

Defence firm QinetiQ warns of US, UK contract award delays, shares fall

British defence and security company QinetiQ warned on Monday of delays in short-term contracts being awarded in the U.S. and UK, where new policies are being implemented after changes in government.

by: Week99er

Discover The Best Crypto Presale to Invest In 2025: 5 Hidden Gems with Massive Potential

What if you had the chance to get in early on the next big thing in crypto? 2025 will be a transformative year for blockchain, with several innovative projects gaining momentum. The crypto market is no longer just about hype—it's about solving real-world problems,
Mon, March 17, 2025

by: Entrepreneur

Lack of Accountability Is the Silent Productivity Killer. Here's How to Stop It From Derailing Your Business.

Lack of accountability crushes productivity. You can put all the right systems, processes and KPIs in place, but if people aren't accountable for their assignments and objectives, none of this will matter.

by: cnbctv18

Finance Ministry reveals director vacancies at public sector banks: Full list here

As of now, the position of Chairman of the State Bank of India and all the positions of Managing Director and Chief Executive Officer in nationalised banks are filled. It also made clear that there was no proposal under consideration to amalgamate the other public sector banks with SBI.

by: Forbes

Balancing AI Costs And Performance: Strategies For Running LLMs In Financial Services

By implementing strategies such as fine-tuning smaller models and real-time AI cost monitoring, financial institutions can maximize AI ROI without sacrificing performance

by: Variety

Netflix Shares Rise on Bullish Analyst Upgrade Citing Potential for Future U.S. Price Hikes, Outlook for Strong Ad Growth

Netflix got a vote of confidence from MoffettNathanson analysts, which upgraded estimates on potential U.S. price hikes and ad growth.

by: Bizcommunity

Mining services company secures dynamic capital funding from Edge Growth

Modwal Trading, a full-service mining, construction, transportation and logistics company based in the Northwest, has been selected for funding from small business development specialist Edge Growth.The team at Modwal TradingThis interest-bearing loan amounting to R1,

by: Moneycontrol

Trade Spotlight: How should you trade Coal India, Kotak Mahindra Bank, Varun Beverages, Shriram Finance, JSW Steel, and others on March 18?

The benchmark indices bounced back with half a percent gains on March 17, making a good start to the week after the correction in the previous week. However, the market breadth remained in favour of the bears,

by: CNET

Tariffs Explained: What They Mean for You and Your Everyday Costs

The rollout of President Donald Trump's tariffs was messy, uncertain and caused widespread market volatility, and eventually that noise is coming for your bottom line.

by: Vanguard

Strategic cost management in a shifting global economic landscape

Balancing efficiency and innovation in uncertain times By Dayo Odunfa Introduction In today's complex and unpredictable economic environment, CFOs and senior finance leaders face unprecedented challenges.

by: Dawn

No proposal to revise govt pay scales under consideration, clarifies finance ministry

Ministry statement says media reports claiming salaries would remain unchanged in next fiscal year "not based on reality".

by: LAist

Checking in on Medi-Cal as state approves $3 billion loan and concerns of federal cuts loom

Today on AirTalk, California approved a $3 billion loan for Medi-Cal amidst looming federal cuts. Want to get paid to be politically engaged and hold your public officials accountable? A local initiative called "LA Documenters" will train and pay you to take notes at public meetings.

by: Investopedia

What Negative Return on Equity (ROE) Means to Investors

In the ROE formula, the numerator is net income or the bottom-line profits reported on a firm's income statement. The denominator is equity, or, more specifically, shareholders' equity. When net income is negative, ROE will also be negative.

by: Kiplinger

CoreWeave IPO: Should You Buy CRWV Stock?

The CoreWeave IPO will mark the biggest public offering of the year, with the AI cloud company expected to start trading on the Nasdaq in late March.

by: SiliconANGLE

Shadow AI: Companies struggle to control unsanctioned use of new tools

The multinational retail chain where Katie Smith worked in data analytics and finance for six years was so concerned ... chief information security officer at Stratascale, the business name of SHI International Corp. Organizations are pursuing a variety ...

by: AOL

Elon Musk and Sam Altman finally agree on something: When their courtroom showdown should start

Elon Musk and Sam Altman have suggested to a judge that a trial to settle their differences over the future of ChatGPT creator OpenAI should begin in December.

by: MARCA

What to do if you receive a text message from the IRS about the $1,400 stimulus payment? It could be a scam

by: CNN

Forever 21 is going out of business in the United States

A Forever 21 store in New York seen in February 2025. - Yuki Iwamura/Bloomberg/. Forever 21 isn't even cool enough to exist anymore. The retailer's US operating co

by: Reuters

Explainer: What's next for South Africa's budget and planned VAT hike?

South Africa's lawmakers will scrutinise the 2025 budget in the coming weeks, with amendments not ruled out as political parties weigh up a contentious plan to raise value-added tax.

Close Brothers shares tank as motor finance provisions lead to H1 loss

Close Brothers shares tanked on Tuesday after the merchant banking group swung to a heft loss in the first half on the back of a £165m provision for motor finance commissions.

Close Brothers, a UK merchant banking group, reported a significant financial setback in its half-year results, leading to a sharp decline in its share price. The company announced a pre-tax loss of £77.4m for the six months ending January 31, a stark contrast to the £107.1m profit recorded in the same period the previous year. This downturn was primarily attributed to a £119.7m provision for potential liabilities related to motor finance, following an investigation by the Financial Conduct Authority (FCA) into historical motor finance commission arrangements. The FCA's probe focuses on whether customers were overcharged due to discretionary commission arrangements, which were banned in 2021. Close Brothers also noted a 2% decrease in adjusted operating profit to £107.1m, with its banking division seeing a 15% drop in profit due to lower loan book margins and increased costs. Despite these challenges, the company's asset management and Winterflood divisions performed well, with increases in operating profit. The shares fell by 17% to 340p following the announcement.

Read the Full Sharecast Article at:
https://www.sharecast.com/news/news-and-announcements/close-brothers-shares-tank-as-motor-finance-provisions-lead-to-h1-loss--19165216.html