Tanzania roles out plans on managing its Octopus
Tanzania, a major octopus producer in the Indian Ocean, is working on a plan to introduce measures for sustainable management and harvesting of the fishery, alongside communities and other partners. The plan is geared towards addressing existing gaps in assessing and harvesting octopus stocks to enhance the conservation of the valuable resource that supports the country’s exports and…
Sovos Brands, Inc. (NASDAQ:SOVO) Receives Consensus Rating of “Hold” from Brokerages
Sovos Brands, Inc. (NASDAQ:SOVO – Get Free Report) has been assigned a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Eight analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month target price among […]
Rise of the chatbot: How Congress and the White House responded to AI in 2023
Congress and the White House scrambled to create guidelines for artificial intelligence as the technology became more common and evolved faster than anyone expected in 2023.
Deadline for Linking Business Accounts to IRIS Payment System Approaches on September 2
The deadline for connecting business accounts to the IRIS payment system is fast approaching, with Monday, September 2, marking the final day for professionals to comply.
Exclusive-Google pushes for antitrust action against Microsoft in UK cloud market
LONDON :Google has called on Britain’s antitrust regulator to take action against Microsoft, claiming its business practices had left rivals at a significant disadvantage, according to a letter seen by Reuters.Microsoft and Amazon have faced mounting scrutiny around the world over their dominance of the clo
European Central Bank set to hold rates as market debates cut timeline
Economists are divided, with some seeing a policy pivot starting in April and rate cuts of 150 basis points this year.
New FASB rules pave the way for Bitcoin on corporate balance sheets at ‘fair value’
FASB's new standard streamlines Bitcoin accounting, aligning it with other financial assets for corporate reporting.
China’s top leaders vow to support consumers and improve confidence in its slowing economy
China’s powerful Politburo has endorsed the ruling Communist Party's strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.”.
Major logistics firms eye Chennai to set up their global centres
Tamil Nadu offers excellent connectivity, tech talent & favourable ecosystem, making it an optimal choice for Global Capability Centres (GCCs).
Amazon to invest ¥2 tril in Japan's cloud business amid AI boom
Amazon.com Inc's cloud computing service unit said Friday it will invest about 2 trillion yen in Japan to strengthen its cloud infrastructure by 2027, in an effort to cope with growing demand on the back of the generative artificial intelligence boom. The funds will be used to expand the capabilities…
Shift to solar a big threat to South Africa’s municipalities
The financial stability of municipalities hinges in large part on the revenue they generate from selling electricity.
Taiwan seeks to cement position in APEC
Foreign ministry says Taiwan willing to assist APEC members in capacity building | 2024-01-09 14:07:00
New requirement for all households to have brown bin from January 'won't be an overnight change'
Currently 68% of households can avail of this service, and it is now being extended to around 400,000 mostly rural homes.
Digital bank Monzo expands fundraising to £500m in deal with top tech investor
Monzo is raising nearly £500m in a round that includes money from Hedosophia, an early investor in Airbnb and Uber, Sky News learns.
Singapore Airlines warns of pressure on passenger yields due to stiff competition
Singapore Airlines on Wednesday (Jul 31) warned that a key revenue metric would remain under pressure this year as rising competition crimps average fares and higher fuel costs dent profits. Airlines globally have been increasing the number of flights and routes to cater to robust air travel demand, especi
Reserve Bank governor warns of greylisting long-term impact on economy
The Financial Action Task Force identified 22 action items South Africa must address to improve its anti-money laundering and combat the financing of terrorism regimes.
Switzerland moves towards cashless future with instant payments
Switzerland's new instant payment system will bolster the future of cashless payments in the country, the Swiss central bank said Wednesday after the scheme went live.
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Russia has diverted most of its oil exports from Europe to India and China, a top official said.The EU was the largest buyer of Russian crude oil and oil
Jump in over-50s looking to re-mortgage into retirement, provider finds
Average loan amounts increased the most among re-mortgagers aged between 51 and 55, Legal & General Mortgage Services said.
Officials suggest hubs of consultants inside agencies to cut costs in public sector
Officials are looking at cutting costs in the public service by creating hubs of consultants inside agencies, instead of relying on external ones.
Frasers Group 'poised for European expansion', says Barclays
Barclays initiated coverage of Frasers Group on Tuesday with an ‘overweight’ rating and 1,060p price target, as it said the company was "poised for European expansion".
From 'phone banking' to prudential banking, how a key sector turned around
From the days of `phone banking’ to turning around the fortunes of Indian public sector banks by tightening the prudential norms, mega mergers, recapitalisation, spreading the banking culture...
Passive investing rules Wall Street now, topping actively managed assets in stock, bond and other funds
As 2023 came to a close passive held more assets under management than active.
NCVC plans to rehabilitate 1000 ‎floodplains and Meadows with 5 Royal Reserves‎
RIYADH: The National Center for Vegetation Cover Development and Combating Desertification is preparing to plant ‎12 million trees and shrubs in 2024 across Saudi Arabia. This is according to Khaled bin Abdullah Al-Abdul Qadir, CEO of the NCVC, who said that recycled water would be used for all the projects. Al-Abdul Qadir made the comments at a ceremony in Buraidah Oasis
Latvian central bank invites crypto companies to consultations
Latvijas Banka, the Latvian central bank (LB) said August 29 it is inviting companies seeking a crypto-asset service provider licence in Latvia to pre-licensing consultations.
Kneat to Present at the Small-Cap Growth Virtual Investor Conference June 13th
Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com
Amazon courts sellers at China summit as Temu and Shein gain momentum
Amazon hosted a summit for sellers based in China this week and announced a new "innovation center" in Shenzhen
GEHC gives reasons to look beyond temporary China woes and shares reverse higher
GE Healthcare management continues to execute at a high level on what they can control.
Turbulence for Bitcoin as the Graph and new AI altcoin secure whales’ trust
Bitcoin's (BTC) value de­clined sharply, dropping around 15% over the past we­ek#partnercontent
Food inflation scaled 4-month peak of 8.7% in April
April saw a rise in food prices, with rural consumers experiencing a sharper increase, while overall inflation remained stable.
VeChain partners with BCG as over 30m ETH staked on Ethereum, 15,000 users join Pullix presale
VeChain has partnered with BCG as over 30 million ETH staked on Ethereum. Pullix presale attracts more than 15,000 users
Ambac Financial Group, Inc. (NYSE:AMBC) Shares Sold by Repertoire Partners LP
Repertoire Partners LP decreased its stake in Ambac Financial Group, Inc. (NYSE:AMBC – Free Report) by 0.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,242,553 shares of the company’s stock after selling 3,559 shares during the period. Ambac Financial […]
USD/MXN: Mexican Peso to find support on Banxico’s moderate approach to easing – Commerzbank
Mexico’s inflation figures are on the agenda today. Economists at Commerzbank analyze how the December CPI report could impact the Mexican Peso (MXN).
Growth & Jobs | Closing the digital gap in Jamaica’s business sector
Scrolling through the Jamaica Business Development Corporation’s (JBDC) Things Jamaican e-commerce site, Amazon storefront or social media pages, you will see hundreds of Jamaican products made by local micro, small and medium-sized enterprises (...
Japan slowly opens its doors to foreign workers
Japan is one of the world's fastest-ageing societies, with one of the lowest birth rates. For its economy to thrive, it needs more workers. On June 14, parliament passed an immigration reform that will…
Plans for former Barclays bank building in Whickham could help create two new businesses
Over a year after it closed its doors for the last time an ex-Whickham bank could soon host two new businesses.
Bayesian Capital Management LP Acquires Shares of 66,000 NVIDIA Co. (NASDAQ:NVDA)
Bayesian Capital Management LP acquired a new stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 66,000 shares of the computer hardware maker’s stock, valued at approximately $27,919,000. NVIDIA makes up about 3.0% of Bayesian Capital Management LP’s portfolio, making […]
Scrutiny of OpenAI and Microsoft relationship could affect how AI industry grows and innovates
If the CMA concludes the partnership is in fact a merger, it will start looking into whether this has reduced competition.
Startup bubble fueled by Fed's cheap money policy finally burst in 2023
In 2023, numerous tech startups that had raised big rounds at premium valuations before and during the pandemic finally ran out of cash
Glencore to announce future of coal mining business next week
The company had long resisted pressure to follow rivals in jettisoning coal, arguing that the world still needed the dirtiest fuel and that it was more responsible to run the mines itself than sell them.
London-based multi-stage investor Launchbay Capital announces first close of new €92 million secondary growth fund | EU-Startups
Launchbay Capital, a leading multi-stage investment firm committed to creating liquidity in the venture ecosystem, announced the first close of its new
Paramount Global to Merge with Skydance Media in Landmark $28 Billion Deal
Paramount Global, one of Hollywood's most storied institutions, has reached a significant agreement to merge with independent film studio Skydance Media. The Deal, valued at approximately $28 billion (£21.9 billion), signals a transformative shift for the entertainment giant and the end of an era for the Redstone family, longtime stewards…
Karnataka Bank & Clix Capital enter into a co-lending partnership through Yubi platform
Karnataka Bank (KBL), a leading private sector bank and Clix Capital, one of India's fastest growing new-age NBFCs, have entered into a strategic digital co-lending partnership through YubiCo.Lend...
Four in 10 North Sea oil and gas licences owned by foreign firms and investors
A study by he Common Wealth think tank has revealed that 40% of the licences for North Sea oil and gas are owned by firms based abroad, with profits going to overseas companies and investors
US Pushes for Global AI Regulations at UN, Calling for “Effective Safeguards”
The resolution calls for "responsible" and "inclusive" AI.
Inflation ticks up in Europe, complicating the European Central Bank’s next move
Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy...
Razzl Rewards Offers Partners and Customers a Trip to AFCON 2023 in Ivory Coast
Razzl, an esteemed beverage brand and official soft drink of this year's Africa Cup of Nations (AFCON) has offered an exclusive opportunity for both trade - BellaNaija.com. February 5, 2024
Nigeria’s progress slow on ‘ease of doing business’, says Otti
The Abia State Governor, Dr. Alex Otti, has stated that Nigeria has slowly progressed to 131 positions from 146 among 190 countries in the ‘Ease Of Doing Business’ index.
Business News | Tajurba Startup and MSME Conclave Cum Awards: A Gateway to Business Growth and Networking
Get latest articles and stories on Business at LatestLY. New Delhi [India], March 12: Tajurba, the premier business networking platform, is pleased to announce the Tajurba Startup and MSME Conclave Cum Awards on March 16th, 2024, at Crowne Plaza, Okhla. This event is set to be a pivotal moment for entrepreneurs and MSMEs, offering a platform for networking, addressing concerns, and recognizing outstanding achievements in the business world. Business News | Tajurba Startup and MSME Conclave Cum Awards: A Gateway to Business Growth and Networking.
last updated on 20 Sep 01:58