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S&P 500 marks a seventh straight record high on Wall Street
New York — U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country, though trading was shaky as the bond market was hit with another day of sharp swings. The S&P; 500 rose 17.47, or 0.4%, to
Muthoot Finance logs 8% increase in net profit to Rs 1002.9 crore
Consolidated loan assets under management of Muthoot increased 5% on a sequential basis to Rs 60,919 crore. ...
Estimating This Cycle's Bitcoin Price Top
As this bitcoin price bull cycle carries on, everyone wants predictions of when the price may top out. We will add one framework to the mix. The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the
More relief: Fuel taxes on petrol and diesel cut by 22 states and Union Territories
An official source told FE on condition of anonymity that the Centre's revenue loss in November-March of the current fiscal year due to the fuel tax cut could be of the order of Rs 65,000 crore. ...
Some investors look to diversify amid big tech rally
NEW YORK : Rising valuations and hefty year-to-date gains for big technology stocks are pushing some investors to diversify away from the sector that has led markets for years. Tech stocks have soared this year, and their big weighting in the S&P 500 has
Offshore wind leads 'decarbonisation investment opportunity' as Dominion steady in Q3
Virginian utility revenues lagging slightly behind forecast but lower operating expenditure as plans ramps up for giant CVOW development in US Atlantic ...
FBM KLCI futures end mixed
MARKET FBM KLCI futures end mixed " data-media=""> 05/11/2021 06:52 PM KUALA LUMPUR, Nov 5 -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures
Bargain hunting lifts FBM KLCI marginally higher at close
MARKET Bargain hunting lifts FBM KLCI marginally higher at close " data-media=""> 05/11/2021 06:02 PM By Sharifah Pirdaus Syed Ali KUALA LUMPUR, Nov 5 -- Bursa Malaysia ended the week today on a mixed note with the barometer index lifted marginally higher by
Gold futures open untraded
MARKET Gold futures open untraded " data-media=""> 05/11/2021 09:48 AM KUALA LUMPUR,
Ringgit opens lower as US dollar gains
MARKET Ringgit opens lower as US dollar gains " data-media=""> 05/11/2021 09:45 AM KUALA LUMPUR, Nov 5 -- The ringgit opened lower on Friday as the US dollar extended gains. The US macroeconomic data released a few days ago have been positive for the
Ringgit slips further against US dollar
MARKET Ringgit slips further against US dollar " data-media=""> 05/11/2021 06:53 PM KUALA LUMPUR, Nov 5 -- The ringgit closed lower against the US dollar as the market remained jittery as it awaited the outcome of the US Federal
Bursa Malaysia opens higher
MARKET Bursa Malaysia opens higher " data-media=""> 05/11/2021 09:47 AM KUALA LUMPUR, Nov 5 -- Bursa Malaysia opened higher today, taking the cue from the overnight Nasdaq performance as investors mulled the US Federal Reserve’s (Fed) decision to begin
KLCI futures mostly higher in early trade
MARKET KLCI futures mostly higher in early trade " data-media=""> 05/11/2021 09:46 AM KUALA LUMPUR, Nov 5 -- The
Steel Authority of India rating – Buy: Q2 performance beat consensus estimates
While coking coal cost is a headwind, cut in debt lends firm an edge; TP revised to Rs 170; ‘Buy’ maintained ...
3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL
Investors have embraced Abracadabra Money’s truly decentralized approach to DeFi and the option to draw stablecoin loans off a growing list of assets appears to be backing SPELL’s rally to new highs. ...
Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring,
Boulder County Farmers Market: At the market: Beets shine in this perfect fall soup
Boulder County Farmers Markets Make sure you make time for the markets this week. We have many fall vegetables for soups, stews, sauces and salads. And we are happy to report you’ll find a wide variety of beets. Delicious in any color, beets are
CNBC Markets Now: November 5, 2021
CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator. ...
Tata Motors rating – Buy: Chip shortage, input prices cast shadow
Supply normalisation key as JLR order book’s strong; domestic business outlook is bright; ‘Buy’ maintained with unchanged TP of Rs 550 ...
The monthly jobs report moves markets, policy, and headlines - but the picture has been ...
President Joe Biden. Doug Mills-Pool/Getty Images Friday's October jobs report showed an economy that is pretty good, adding 531,000 jobs. It revised the figures upward from August and September, too. Preliminary figures have been coming in below revisions,
Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on
Supply chain issues continue to make global headlines on a daily basis. Here’s three projects that are using blockchain technology to provide solutions. ...
STI ends week higher but analysts flag risks ahead
Local shares ended the week on a more upbeat note, as investors found comfort in Singapore's Covid-19 weekly infection growth rate staying below 1 for the second straight day on Thursday. The benchmark Straits Times Index (STI) responded to the modestly
UOB taps retired staff's skills, knowledge with flexi-work programme
Mr Raymond Teo retired in June this year but the former UOB service associate is now back with the bank under a flexible work programme. Based in the branch in Serangoon Gardens since August, he has been given a similar service associate role but works five
Company Briefs: Qantas Airways
Qantas�Airways� Qantas Airways said yesterday that it took nearly 500,000 domestic bookings in the past two weeks as Australian states began to open their borders, versus around 20,000 in a two-week period in August when parts of the country were locked down.
ISOTeam to divest stake in clean energy firm Sunseap for $12.2m
ISOTeam has agreed to divest its entire 1.18 per cent equity interest in clean energy solutions provider Sunseap Group for about $12.2 million, at $270 per sale share, the construction group announced yesterday. The shares will be sold to renewable energy
Liquidators of Park Hotel Management seek to wind up its subsidiary
The liquidators of Park Hotel Management have asked the High Court to wind up its wholly owned subsidiary, Park Hotel CQ. The Straits Times understands that the winding-up application is an attempt by the liquidators to recover funds allegedly owed, although
Bailey 'sorry' for rising inflation after refusing to hike base rate
Bank of England governor Andrew Bailey has apologised for rising prices – just a day after
British Airways owner IAG hit by �2.6bn loss
British Airways-owner IAG warned it will post a whopping �2.6billion loss this year as it hopes the imminent
MARKET REPORT:�Beazley shares dive after spate of natural disasters
Lloyd's of London insurer Beazley is counting the cost of major natural disasters that caused havoc
Hand over Staley's links to Epstein, Barclays told: Bank is slapped with demand for documents ...
Barclays Bank has been served with a legal demand by the United States Virgin Islands to hand over all correspondence between its former chief executive Jes Staley and the late Jeffrey Epstein. The letter was filed at 5.44pm on October 12 and served on
Celebrity favourite sportswear brand Lululemon pockets £700,000 furlough cash despite earning bumper profits
Lululemon claimed more than £700,000 of furlough cash despite earning bumper profits of £2.2million. The Canadian sportswear brand worn by Meghan Markle and the Duchess of Cambridge saw UK profits jump 24 per cent for the year ending in January 2021 from a
MARKET REPORT: Lloyd's of London insurer Beazley shares dive after spate of natural disasters across ...
Lloyd's of London insurer Beazley is counting the cost of major natural disasters that caused havoc across Europe and North America over the summer months. The FTSE 250 firm estimated losses of £63million from the effects of Hurricane Ida, which hit the coast
British Airways owner IAG hit by £2.6bn loss as it pins its hopes on the ...
British Airways-owner IAG warned it will post a whopping £2.6billion loss this year as it hopes the imminent restart of transatlantic travel will revive its fortunes. The FTSE 100 group, which also owns Aer Lingus, reported a loss of £2.1billion in the nine
Co-op Bank set for first annual profit in a decade as it considers a stock ...
The Co-op Bank is on track to achieve its first annual profit in a decade as it ponders a stock market float, possibly as soon as 2023. The self-styled ethical lender raked in profits of £28.5million in the nine months to September – its third consecutive
Bank of England governor Andrew Bailey apologises for rising inflation after refusing to hike base rate
Bank of England governor Andrew Bailey has apologised for rising prices – just a day after refusing to act to tame inflation. Bailey said he was 'sorry' that households were being squeezed, and conceded that inflation was 'biting' on their finances. But his
Analyst Corner – HPCL: ‘Neutral’ rating with target price of Rs 295
The ramp up at Visakhapatnam would face higher challenges as the slurry hydrocracker is a relatively new technology, without a large number of commercial installations. ...
How major US stock indexes fared Friday
U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country. The S&P 500 closed higher, clinching an all-time high for the seventh
Draft Bill Seeks To Allow Brazilian Workers to Be Paid in Bitcoin
The bill seeks to change the current law that dictates Brazilian workers can only be paid with the national currency. A draft bill seeking to allow Brazilian workers to be paid in bitcoin was presented to the country’s Deputies Chamber on November 5. The
Peloton Reportedly Freezes Hiring As Shares Plunge 35% Following Dismal Earnings
The news comes a day after the company slashed its sales outlook by more than $1 billion amid slowing demand. ...
US stocks end at records again after good jobs report
NEW YORK (AFP) - Wall Street stocks finished a sunny week on a positive note on Friday (Nov 5), with major indices again at records following strong jobs data and Pfizer's announcement of a Covid-19 therapeutic. The Dow Jones Industrial Average ended up 0.6
Rivian boosts IPO target to $74 a share
Rivian Automotive RIVN, has boosted its initial public offering price,
Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target
BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. ...
Markets wrap; Reopening trade fuels stock gains; yields tumble
The Daily Progress Charlottesville | 2021-11-05, 21:08
Markets wrap; Reopening trade fuels stock gains; yields tumble ...
Dhanlaxmi Bank Q2 net plunges 74% as bad assets rise
Provisions and contingencies have increased by 422% to Rs 22.40 crore, as against Rs 4.29 crore in the year-ago period. ...
Advent Nears Deal to Buy McAfee for More Than $10 Billion
Security-software company McAfee Corp. is nearing
Reopening Stocks Lead The Market Higher After Strong Jobs Report, Pfizer Announcement
Stocks extended their winning streak amid growing optimism about the U.S. economic recovery. ...
What are antitrust laws? Understanding the legislation designed to protect consumers and maintain competition
Antitrust laws have been around for over a century and to this day play an important role in upholding a competitive marketplace for consumers. Chris Ryan/Getty Antitrust laws are legislation designed to help protect consumers and foster marketplace
US stocks climb to new records as jobs data shows labor-market recovery after dismal September report
New York Stock Exchange floor AP Photo/Richard Drew US stocks notched new record highs as an upbeat jobs report boosted economic optimism. The economy added 531,000 jobs to nonfarm payrolls in October, beating the median forecast for a gain of 450,000.
Major stock indexes end at records after strong jobs report
Stocks ended higher Friday, with the Dow Jones Industrial Average, S&P; 500 and Nasdaq Composite all ending at records
Selected Western livestock auctions
Capital Press | 2021-11-05, 19:54
Oregon EUGENE (Eugene Livestock Auction) Oct. 30 Receipts: 1175 Comments: Sheep and goats steady to a little stronger this week. Cows and bulls $2-$3 off. Lots of feeder cattle! If you have grass or some feed, now might be the time to buy some calves!
Analyst Corner – Hindalco: Retain ‘buy’ with Rs 610 PT
Novelis still generated healthy FCF after interest payment of $235 million in 2Q (1H: $158 million). Net debt declined 4% QoQ to $5.0 billion. ...
Democrats are still squabbling over passing Biden's big care economy bill, but the October jobs ...
James Marshall, 5, pulls down his sleeve as his mother, Kristen, rear, looks on with her three-month-old daughter, Elizabeth, in a carriage after James received the Pfizer COVID-19 vaccine for children ages 5-11 at a state-run site in Cranston, R.I., Thursday,
Cryptocurrency scams using ATMs and QR codes are on the rise, the FBI warns
Bitcoin ATM. Parilov The FBI is warning of a rise in crypto scams using ATMs and QR codes. Using a fake request for payment, scammers direct victims to a crypto ATM to withdraw coins. The criminals give victims a QR code associated with a cryptocurrency
US-born political woes cast shadow over Biden's domestic and global climate vision
Surprise poor showings in several key off-year elections point to unpopularity of president and his administration's focus on climate over pandemic recovery, crime, jobs and border security, writes Richard A Kessler ...
California shell egg prices
Capital Press | 2021-11-05, 19:00
Daily California Eggs Nov. 5 Benchmark prices are unchanged. Asking prices for next week are 12 cents higher for Extra Large, 14 cents higher for Large, unchanged for Jumbo, Medium and Small. The undertone is
Wool and sheep price report
Capital Press | 2021-11-05, 19:00
National Wool Review Nov. 5 Domestic wool trading on a clean basis had no confirmed trades reported this week. National Sheep Summary Oct. 29 Compared to last week: Slaughter lambs sold mostly firm to 15.00 higher. Slaughter ewes were steady to 15.00 higher.
Western U.S. milk and cream report
Capital Press | 2021-11-05, 19:00
Fluid Milk and Cream — Western U.S. Nov. 4 California milk production is increasing slightly month over month and following typical seasonal patterns. Handlers report good balance between dairy processor needs and current milk supply volumes. Class I and II
Oil bounces back a day after falling to the lowest price since October
Oil futures rallied on Friday, bouncing back from a day earlier when prices settled at their lowest since October.
MTNN, Airtel stocks close flat despite CBN approval for mobile money
Despite the Central Bank of Nigeria (CBN)’s approval-in-principle for mobile money business licences for two major telecommunication companies – MTN Nigeria Plc and Airtel Africa Plc, equity buyers on the Nigerian Exchange Limited (NGX) did not raise
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
Altcoins like XYO, CRO and WNXM are capitalizing on BTC and ETH’s consolidation by moving higher. ...
Start making plans again. Life with the pandemic just became 'normal.'
Friends cheers-ing at a bar re-opening in San Francisco. Yalonda M. James/The San Francisco Chronicle via Getty Images We've all been waiting for the world to return to normal. In the meantime, adaptations to pandemic life are showing up in the economy as
Peloton's earnings shocker just wiped 34% off the stock as home-exercise interest fades - but ...
REUTERS/Shannon Stapleton/File Photo Peloton's weak quarterly earnings highlighted the company's struggles as home-exercise interest fades. But JPMorgan on Friday said a strong holiday season could help propel its stock by 60% next year. JPMorgan's $90 price
Stocks up broadly on Wall Street after solid US jobs report
Stocks rose broadly in afternoon trading on Wall Street Friday as traders welcomed news of a rebound in hiring by U.S. employers last month. The S&P; 500 rose 0.6% as of 12:02 p.m. Eastern. More than 80% of stocks within the benchmark index gained ground and it
European markets close higher, 5 indices post new records
European stock markets closed higher on Friday, as five indices climbed to new record high levels and they posted weekly gains between 0.8% and 3.4%, according to data compiled by Anadolu Agency.
Crypto market surveillance firm Solidus Labs raises $15 million
Solidus Labs, a New York-based firm seeking to reduce risk in crypto-native markets, announced Friday that it raised $15 million in strategic funding. The investment firm Liberty City Ventures led the strategic funding,
Gold futures post highest finish since early September
Gold futures on Friday marked their highest settlement since early September as U.S. Treasury yields declined in the wake of a
Supply crunch lifts spot rubber
Spot rubber concluded the week on a positive note. The market resumed the upward journey hitting an intra-day high of ₹180.50 a kg for RSS-4 driven by the persistent shortage of the raw material. Meanwhile, the domestic futures continued to remain closed on
Biden urges Democrats to pass both spending bills 'right now' as at least 4 House ...
President Joe Biden speaks about prescription drug prices and his "Build Back Better" agenda from the East Room of the White House, Thursday, Aug. 12, 2021, in Washington. Associated Press/Evan Vucci Biden pushed House Democrats to approve his spending
What, Exactly, Is The Metaverse?
In recent years, the metaverse has become the name for the “next generation of the internet,” much like Google was 20 years ago. ...
Baker Hughes reports the biggest weekly rise in U.S. oil-drilling rigs since mid-October
Baker Hughes BKR, +0.72% on Friday reported that the number of active U.S. rigs drilling for
Strong jobs report shows economy back on track for further growth
Nonfarm payrolls swelled by 531,000 jobs in October. Economists say the Fed could speed up its timetable to end its bond-buying program if growth continues. ...
Gig economy workforce almost trebles in five years with nearly 15% of adults now working ...
Almost three times as many people in England and Wales are working for 'gig economy' platforms than five years ago, Britain's leading trade union body has claimed. Research published by the Trades Union Congress (TUC) estimated that 14.7 per cent of the
The labor shortage could be over in 8 months - and just in time for ...
A man hands his resume to an employer at the 25th annual Central Florida Employment Council Job Fair at the Central Florida Fairgrounds. Paul Hennessy/SOPA Images/LightRocket/Getty Images The October jobs report shortened the labor market's recovery by 10
Hiring at restaurants and hotels surged in October as the Delta wave receded
A waiter at The Dorian serves champagne to guests who are dining outside on April 02, 2021 in San Francisco, California. Justin Sullivan/Getty Images The US added 531,000 nonfarm payrolls in October, above economists' estimate of 450,000. A large part of this
Nvidia extends 2-day jump to 17% as Wells Fargo raises price target and investors cheer ...
Nvidia headquarters in Santa Clara, California. Justin Sullivan/Getty Images Nvidia stock extended its two-day rally Friday, a day after Wells Fargo raised its price target. The investment firm cited massive growth potential for the chipmaker related to the
U.S. Government Bond Yields Fall After Jobs Data
U.S. government bonds rallied after a better-than-expected
Why Samvat 2077 was historic for markets
Despite the record breaking gains by India’s key stock indices Sensex and Nifty in the past one year, experts are not taming down their expectations from the market. They feel that the stock markets will keep hitting new peaks the coming year, which will be
Paytm: Canada pension body, BlackRock get lion’s share
BlackRock Global Funds and Canada Pension Plan Investment Board (CPPIB) have garnered a bulk of Paytm shares offered through anchor investors’ portion, according to NSE data. One97 Communications, owner of digital payments
Want local produce during the winter? Check out these Vermont farmers markets.
Vermont's winter farmers market are more scattered around the state than the summer markets, but there are still a number of options for local food. ...
Real Good Food stock has disappointing public debut
Real Good Food Co. Inc. RGF, -8.25% received some jeers in its public debut, as the stock opened 2.8% below its initial
Greece launches Gr-Eco Islands Initiative with €100 mlllion pot
Greece’s government gathered today on the Aegean island of Halki to inaugurate a local community energy project and also launch its Gr-Eco Islands Initiative, which aims to green the country’s archipelago. The Greek government and the island of Halki hosted an
The Hydrogen Stream: ZF reactor tech for hydrogen production via steam methane reforming
Big plans for hydrogen development were announced this week in Germany, Namibia, Italy, Spain, Norway, Australia and the United States. U.S. industrial conglomerate Honeywell and Connecticut-based ZoneFlow Reactor Technologies announced a joint agreement to
Peloton Shares Plunge Over 30%—And CEO John Foley Is No Longer A Billionaire
Peloton became the latest pandemic favorite to see its stock plunge amid a wider reopening of the economy. ...
Gig economy workers almost treble in five years with nearly 15% of adults now working ...
Almost three times as many people in England and Wales are working for 'gig economy' platforms than five years ago, Britain's leading trade union body has claimed. Research published by the Trades Union Congress (TUC) estimated that 14.7 per cent of the
Dominion doles out record-setting $2bn-plus in deals for US Atlantic offshore wind giant
Virginia utility ramps up activity on its 2.6GW CVOW project with major infrastructure contract to Europeans DEME, Prysmian and EEW for foundations and cabling ...
Merck stock's biggest selloff in nearly 17 years is cutting close to 60 points off the Dow's price
Shares of Merck & Co. MRK, -9.63% tumbled 9.5% in midday trading Friday, putting them on track to suffer the
CME Bitcoin Futures Trading Volume Surged 120% After Launch of First Bitcoin ETF in the US
The trading volume of bitcoin futures contracts on the
The Delta wave wasn't as bad for the economy as we thought
Hiring picked up in October - and it wasn't too shabby in August and September either. PeopleImages/Getty The Bureau of Labor Statistics' monthly jobs report showed strong hiring in October. But the report also showed that hiring was stronger than originally
U.S. has 'secured millions of doses' of Pfizer's promising new COVID antiviral, Biden says
President Joe Biden on Friday indicated that his administration has pre-ordered Pfizer
Donald Trump's Ageless Advice for Mark Zuckerberg
Back in Business is an occasional column that puts the
Driverless 'Robotaxis' Arrive at the Stock Market
Driverless vehicles have a new public face: Aurora Innovation . Its stock will be a barometer of
Hot-and-Cold Jobs Market Still Far from Full
Federal Reserve policy makers have made clear they don’t think the
Asian shares mostly lower after fresh Wall St records
TOKYO (AP) — Shares opened lower in Europe on Friday after a downbeat day in Asia, where Chinese benchmarks sagged under revived concerns over property developers. Benchmarks fell in London, Tokyo, Hong Kong and Shanghai but rose in Paris and Sydney. Investors
