Margot Robbie “defines any attempts at lazy categorisation”, says Roisin Kelly in The Times. “Blonde Aussie bombshell and global pin-up? Yes, of course. But she has also become a mogul”: a producer, investor and, as of last month, “now a liquor baron too” – she has started her own gin brand, Papa Salt. Robbie, 34,…
4 min read Last Updated : Jul 08 2024 | 11:42 PM IST Policy guidelines on the Centre’s “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI), which include provisions for reduced customs duties on imported cars if there is a concomitant investment commitment in India, are expected to come by September, according…
SPY SPDR S&P 500 ETF Trust $555.23 +0.59 (+0.11%) (As of 02:13 PM ET) 52-Week Range $409.21 ▼ $556.25 Dividend Yield 1.23% Assets Under Management $544.22 billion The S&P 500 NYSEARCA: SPY can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation…
The Shift to XML The global move toward XML isn’t just driven by Swift; it represents a broader industry shift affecting a wide range of digital payment players, including financial institutions, clearing systems, intermediaries, ERP and TMS. New TMS/ERP add-ons and emerging fintech offerings will predominantly be based on XML. ISO (XML) 20022 – Migration….
Last week, Koss Corp. NASDAQ: KOSS surged over 200% on abnormal volume and meme speculation. The stock traded over 100 million shares combined on Wednesday and Friday, compared to its average volume of just 1.9 million shares, highlighting its current high activity. But what caused this wild price action and volume? Meme-Mania Fuels Koss Surge…
Sir Keir Starmer has become the UK’s newest Prime Minister, after a landslide Labour victory in the 2024 general election. The party has secured 412 seats and 34% of the national vote so far, with two constituencies still to declare. That gives Labour an 86-seat majority – not quite as large as some polling experts…
The Personal Consumption Expenditure (PCE) index came in as expected. That didn’t do much to move the market higher, but it may be enough to keep the momentum in equities going. But which equities? If you look closely, some questions remain. Approximately 60% of stocks in the S&P 500 are flat or lower for…
Prime Minister Modi is the Chairman of Niti Aayog | (Photo: PTI) 1 min read Last Updated : Jul 08 2024 | 6:45 PM IST Prime Minister Narendra Modi will chair Niti Aayog’s ninth Governing Council meeting on July 27, which will discuss the ‘Vikshit Bharat@2047’ document to make India a developed nation, a senior…
Updated at 4:28 PM EDT by Rob Lenihan Stocks ended mixed Monday, with the S&P 500 and Nasdaq reaching fresh closing highs, amid scheduled testimony from Federal Reserve Chairman Jerome Powell and the start of the second quarter earnings season. The Dow Jones Industrial Average finished down 31 points, or 0.08%, to end the session…
In a holiday-shortened week, shares of AbbVie Inc. NYSE: ABBV are down a little more than 3%. To put that in context, the drop in ABBV stock was more than that of biotech stocks such as Johnson & Johnson NYSE: JNJ, which is down 0.68%, and Pfizer Inc. NYSE: PFE, which is down 1.38%. …