Focus shifts from exports to import substitution
It started out as a Production Linked Incentive (PLI) scheme to make India an export hub. But after many a twist and turns, the latest 2.0 PLI for IT hardware, … Read More
China Manufacturing Activity Rebounds In August
China’s manufacturing activity rebounded in August on fresh increases in output and new orders, data from S&P Global showed on Friday. The Caixin manufacturing Purchasing Managers’ Index rose to 51.0 … Read More
Treasuries Regain Ground Following Recent Weakness
After initially showing a lack of direction, treasuries moved moderately higher over the course of the trading session on Thursday. Bond prices climbed more firmly into positive territory as the … Read More
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, on continued optimism the US Fed will leave interest rates unchanged amid data … Read More
Toro Slips Over 12% On Q3 Loss, Lower-than-expected Annual Outlook
Shares of The Toro Company (TTC) were trading down over 12 percent on Thursday after the company registered a loss for the third-quarter and revised down its full year 2023 … Read More
Industry Entertainment Co-Founder Keith Addis And Longtime Colleague Michael Abrams Launch Constellation Media Group
EXCLUSIVE: Industry Entertainment co-founder is set to launch a new venture and he and former Industry colleague Michael Abrams are set to launch Constellation Media Group. Addis co-founded Addis-Wechsler in … Read More
G-III Apparel Q2 Profit Beats Estimates, Raises FY24 Guidance; Stock Surges
G-III Apparel Group, Ltd. (GIII) reported that its second quarter net income to G-III Apparel Group declined to $16.4 million from $36.3 million, prior year. Net income per share was … Read More
German Unemployment Rises Sharply Amid Weak Economic Activity
Germany’s unemployment rose more than expected in August as the ongoing weakness in the economic activity weighed on job creation. The monthly increase in the number of unemployed rose sharply … Read More
Bank increases interest on fixed cash ISA to ‘excellent’ 5.63 percent
OakNorth Bank has increased the interest rate on its 12-month fixed rate cash ISA to 5.63 percent gross, earning a Moneyfactscompare.co.uk “excellent” rating. The account can be opened with a … Read More
House prices plunge 4.6 percent on the year as mortgage affordability bites
House prices took another fall in August, dropping by 4.6 percent on the year – the largest annual decline in 14 years, according to the latest Halifax House Price Index. … Read More
Charter Faces Class Action Lawsuit In Carriage Standoff With Disney
A class action has arrived at the doorstep of Charter Communications in its high-stakes carriage standoff with The Walt Disney Co. A Florida customer of Charter’s Spectrum service, Jen Gonzalez, … Read More
Bunnings looks to attract home builders with $75m investment
Save articles for later Add articles to your saved list and come back to them any time. DIY giant Bunnings is branching out further into making and selling prefabricated walls … Read More