• Tue, April 22, 2025

by: Zawya

DMCC tradeflow secures Shariah certification, advancing Dubai's global role in Islamic Finance

The newly appointed Shariah Supervisory Board will ensure that all transactions through the DMCC Tradeflow adhere strictly to Shariah's rules and principles and the highest ethical and regulatory standards, confirming that it remains at the forefront of innovation and integrity in Islamic trade finance.

by: Moneycontrol

Committed to simplify regulation and reduce business costs, assures FM Sitharaman

Finance Minister Sitharaman said scaling up manufacturing is essential to absorb India's young workforce, reduce import dependencies and build competitive global supply chains.

by: KOIN

Oregon business owners decry 'whipsawing' tariffs

Sen, Ron Wyden hosted the roundtable at the Port of Portland where he heard a number of business leaders say they're already feeling the consequences of these tariffs.

by: Reuters

Sale of Italian payments company PagoPA to mint and Poste hits valuation snag, sources say

A dispute over valuation is complicating Italy's plan to sell PagoPA, which handles digital payments to the public administration, to the state mint and financial conglomerate Poste Italiane , two sources close to the matter said.

by: Bloomberg

A $50 Billion Finance Deals Flurry Defies the Global M&A Gloom

A slew of mergers and acquisitions among finance-related firms is defying the global slump in dealmaking amid market turmoil triggered by US President Donald Trump's tariff war.

by: BBC

Scotland's papers: Fears of budget squeeze and Sheku Bayoh anger

Concerns over public finances and the latest twist in the Sheku Bayoh case make the front pages.

by: Fortune

Trump says planned tariffs on Canada, Mexico 'going forward'

by: KIRO

CAUGHT ON CAMERA: Car slams into Vancouver businesses

A security camera recorded the moments a speeding driver crashed into a Vancouver bar on Tuesday morning.

by: TechRadar

Hackers are hitting firewalls and VPNs to breach businesses

by: WECT

Town of Burgaw finance officer arrested and charged for DWI, hit and run

Kalwitz was hired as the finance officer in January.

by: Flightglobal

Brazil's Gol extends exit financing deadline in response to US tariffs

Brazilian carrier Gol has extended a deadline for investors to participate in the company's $1.9 billion exit financing plan, citing the USA's trade war with most of the world.

by: CNN

Sarah Palin loses her defamation retrial against The New York Times | CNN Business

A jury on Thursday shot down Sarah Palin's second bid against The New York Times, almost eight years after the former Alaska governor first filed her complaint.

by: Investopedia

Consumer Finances May Be in Better Shape Because They've Cut Back on Spending, BofA Says

Across the income spectrum, fewer Americans have a revolving credit card balance, Bank of America said.

by: Forbes

Starting A TikTok For Your Business Can Be A Mistake

Strategically choosing to skip TikTok as a marketing channel doesn't necessarily mean you're behind. It might mean you're being smart and prioritizing. Here are five important points to consider before investing in marketing your business on TikTok.

by: WMUR

Business leaders concerned about potential cuts to New Hampshire university system

Major cuts to New Hampshire's university system are on the table in the state's budget, but some business leaders say they could be bad news for the state's long-term success.

by: WCAX3

New South Burlington business aims to repurpose e-waste

A new business model in Vermont wants to make a dent in the huge amounts of e-waste produced globally every year.

by: CNN

The US-China 'decoupling' would be a messy divorce | CNN Business

The economic alliance is now hanging on by a thread. And the real-world collateral damage is already piling up as multinational corporations like Nvidia and Boeing face billions in lost revenue as a direct result of the trade war.

by: Forbes

The Impacts Of Trump's Tariffs On Small Businesses And Entrepreneurs

Small businesses are not immune from the effects of the recent tariffs. In fact small businesses are effected disproportionately

by: Investopedia

Businesses Look to Their Wealthiest Customers in Uncertain Economy

Airlines and luxury clothing lines say they're relying more on the affluent as other consumers pull back.

by: Fortune

DOGE is shuttering a consumer watchdog, which may clear the way for Musk's X payments platform plans, think-tank boss says

The latest U.S. agency in DOGE's cost-cutting sights is one that may have directly intersected with Elon Musk's business interests.

by: Forbes

Hidden Costs Of Opacity: Why Finance Leaders Are Embracing Automation

For finance leaders, lack of transparency can be your enemy.

by: Fortune

Why automakers' short reprieve from tariffs isn't enough to weather Trump's escalating trade war

In response to concerns about the short timeline for auto companies, White House Press Secretary Karoline Leavitt noted that Trump told the companies to "start investing, start moving, shift production here."

by: CNN

Gold surges to new record high after Trump's repeated attacks on US Fed chief | CNN Business

The price of gold jumped to a fresh record high on Tuesday, as concerns about US President Donald Trump's intention to oust Federal Reserve Chair Jerome Powell weighed on investors.

by: Fortune

Siemens says it will invest $285 million in U.S. manufacturing, including two new facilities in California and Texas

The recent investments in the Siemens' U.S. manufacturing footprint and the planned acquisition of Altair, a Michigan-based software company, mark more than $10 billion in investment in the U.S.

by: CNN

Say goodbye to the $5 T-shirt | CNN Business

President Donald Trump's trade war is coming for your wardrobe, and the hardest-hit items will be the simple stuff.

by: Forbes

How Merging CFO And COO Can Lead To A More Unified Company

Also in the Forbes CFO newsletter: VC-backed CFOs make careful trims, Trump's Powell insults don't go over well on Wall Street, IRS sees more tumult.

by: Forbes

Young Americans Reshape Finances Amid Economic Pressures

From pandemics and environmental crises to rising inflation and tariffs, young Americans are navigating an economic landscape defined by unpredictability.

by: CNN

Want evidence Trump's tariffs are upending the global economy? Here it is | CNN Business

Ever since President Donald Trump introduced his first set of higher tariffs, it's been a waiting game to see just how big an impact they'll have on the global economy.

by: CNN

FTC sues Uber, alleging 'deceptive' Uber One charges and cancellations

The Federal Trade Commission sued ride-hailing giant Uber Monday, alleging "deceptive" billing and cancellation practices in its Uber One subscription service.

by: Forbes

Strategically Implementing AI: A Guide For Businesses

To maximize AI's benefits, businesses must approach adoption strategically—rather than treating it as a passing trend.
  • Wed, April 23, 2025

by: Moneycontrol

Shriram Finance Q4 Preview: Double-digit profit growth likely amid strong loan growth

Shriram Finance's NII is projected to increase by 14.3 percent YoY to Rs 5,815 crore in Q4FY25, up from Rs 5,087 crore in the year ago period

by: ProPakistani

Finance Minister Wants Private Sector to Help Deal With Climate and Population Challenges

The Embassy of Pakistan in Washington DC hosted a landmark economic dialogue on the sidelines of the IMF and World Bank Spring Meetings, bringing together

by: Impacts

Maximizing Approval Odds for Equipment Financing with Bad Credit

Facing obstacles when trying to secure equipment financing because of poor credit? Your business can acquire essential equipment despite having bad credit. The expansion of the finance market provides new possibilities for companies that encounter credit obstacles. Businesses that have credit scores around the 500s still stand a chance to secure equipment financing. There are […]

by: legit

IMF warns of 'intensified' risks to outlook for public finances

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, warning countries to get their spending plans under control and prepare for "sharper" trade-offs.

by: AOL

Musk on Trump tariffs: I'm an advocate for 'free trade and lower tariffs'

On Tesla's first quarter earnings call last night, CEO Elon Musk reiterated one clear distinction between him and President Trump: Tariffs are bad.

by: WHTM

Vehicle crashes into Chambersburg business

CHAMBERSBURG, Pa. (WHTM) — A vehicle crashed into a local business in Chambersburg last night. According to the Greater Chambersburg Area Paid Fire Fighters Association, IAFF Local 1813 on Facebook, on April 5 at around 8:08 p.m., crews were dispatched to the 100 block of S. Main St. for reports of a vehicle accident into […]

by: TechCrunch

Froda secures $23M Series B for its debt financing platform for SMEs | TechCrunch

Swedish Fintech startup Froda has secured a $22.7 million (€20m) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a

by: Reuters

German finance minister says it is urgent to reduce tariffs uncertainty

Reducing uncertainty is urgent for economies and businesses, German Finance Minister Joerg Kukies said on Wednesday, talking about negotiations on trade tariffs with the United States.

by: Insider

I'm retiring in my 30s and will still be a millionaire by 60. Here's how I'm using Coast FIRE to achieve my goal.

Elena Kodama saved $150,000 in her 20s from software engineering. With this foundation and her side hustles, she'll have over $1.5 million in her 60s.

by: Insider

I'm a financial advisor and my wealthy clients are worried. Here are 4 tips I'm giving them right now.

Kelsey Wilson has clients who invest $500,000 or more. He's telling everyone, regardless of their amount invested, not to panic.

by: Forbes

New Business Polling Reveals The Unstoppable March Of Clean Power

In many countries, fossil fuels, with their exposure to imports and volatility to geopolitical shocks, are a liability.

by: CNN

Tesla profits plunge in first quarter of 2025 | CNN Business

New York Times Business Reporter Jack Ewing joins Becky Anderson off the back of Tesla's massive earnings miss, and discusses the potential impact of the Trump tariffs and Elon Musk's White House role on the automaker.

by: Reuters

World Bank adds Bayer, Hyatt and other CEOs to private sector initiative

The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark Hoplamazian, to an initiative working to address barriers to private sector investment in developing countries.

by: Forbes

Intangible Assets: The New Currency Of Business Success

This article provides actionable strategies to transform intangibles into sustainable competitive advantages.

by: Reuters

ANZ appoints Raciti country head of Singapore and head of SEA, India and Mideast

Australia's ANZ said on Wednesday that Chris Raciti has been appointed ANZ country head of Singapore, with regional oversight for ANZ's businesses in eight markets across Southeast Asia, India and the Middle East.

by: CNN

BYD unveils new luxury sports car as carmakers vie for attention at China's largest auto show | CNN Business

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it's coming for luxury sports cars.

by: CNN

NH business owner says tariffs forced him to cut most staff | CNN Business

Scott Anderson joins The Lead

by: Fortune

IRS refunds are 32% lower on average so far this tax season

That's about $1,000 less per taxpayer.

Siemens says it will invest $285 million in U.S. manufacturing, including two new facilities in California and Texas

The recent investments in the Siemens' U.S. manufacturing footprint and the planned acquisition of Altair, a Michigan-based software company, mark more than $10 billion in investment in the U.S.
Siemens, a German industrial giant, has announced a $285 million investment to expand its U.S. manufacturing capabilities, focusing on facilities in California and Texas. This investment aims to enhance the production of essential components for data centers, electric vehicle charging infrastructure, and other critical technologies. The expansion in California will specifically target the production of high-power chargers for electric vehicles, while the Texas facility will focus on manufacturing components for data centers. This move is part of Siemens' broader strategy to bolster its presence in the U.S. market and support the growing demand for sustainable and digital infrastructure solutions.

Read the Full Fortune Article at:
https://fortune.com/2025/03/07/siemens-invest-285-million-us-manufacturing-facilities-california-texas/

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