Category: Market

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French fries arranged at a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc’s and digital strategy at its investor day on Wednesday. At its…

Investor optimism grows as BJP’s election triumph promises policy stability

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in Market

The Narendra Modi-led government has fought hard to create an image of it being against handouts. The Bharatiya Janata Party’s (BJP) strong showing in the state elections has bolstered hopes of political stability at the Centre, alleviating investor concerns regarding political uncertainty in the months leading to the general elections next year, according to analysts,…

Investors hope for road map for China’s economy

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in Market

After a solid first quarter, investor and consumer confidence has wavered, as not only property but China’s export earnings have disappointed. Joe Leahy in Beijing and Cheng Leng and Andy Lin in Hong Kong After one of the toughest years for China’s economy and its investors, the country’s central bank governor had a sobering message: there…

Parliament winter session LIVE updates: Rajya Sabha likely to discuss current economic situation of India

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in Market

Rajya Sabha likely to discuss economic situation today The members of the Upper House are likely to hold discussions on the prevailing economic situation of the country as the Parliament reconvenes for Day 2 of the ongoing Winter Session on December 5. According to Hindustan Times, Rajya Sabha MPs Ayodhya Rami Reddy, Birendra Prasad Baishya,…

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

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in Market

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the football club, Sky News…

Biden’s gift to holiday shoppers? A supply-chain task force

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in Market

Biden’s desire to be seen as “the most pro-union president in US history” is at odds with a goal of lowering costs by maximising the use of cost-reducing technology. President Joe Biden wants the American consumer to know he’s taking rising costs seriously. So on Cyber Monday, a few days into the unofficial holiday shopping…

Gainers and Losers: 10 stocks that moved the most on December 4

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in Market

December 04, 2023 / 04:20 PM IST The Indian equity benchmarks posted their biggest single-day gains since October 4 to close at new highs on December 4, as investors cheered BJP’s three state election wins that came a day earlier . The Sensex ended the day 1383.93 points, or 2.05 percent, higher at 68,865.12. The Nifty was…

Taking Stock: BJP’s ‘Triple Sunday’ takes market to new highs, investors richer by Rs 5.77 lakh crore

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in Market

BJP’s Triple Sunday Impact: The market capitalisation of listed companies hit a record high of $4.10 trillion The market zoomed to new highs with equity benchmarks surging more than 2 percent on December 4, as investors cheered the BJP’s win in three state elections, with financial services and energy names leading the rally. At close,…

Private credit isn’t as risky as some may believe

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in Market

As ever in finance, some are exploring innovations that could undermine these good characteristics. The rapid rise of funds that make loans directly to buyout deals and other highly indebted companies — known as private credit — is among the hottest topics in finance. The sector has minted fresh billionaires, while being called a bubble by traditional financiers like UBS…

Robust GDP growth brightens India’s chances to surpass Germany by 2026

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