Life Insurance Corporation (LIC) may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond the current exempted timeline of 2027. Formal communication in this regard had been shared recently with the finance ministry, underlining LIC’s roadmap, plans of further dilution of stake, current norms around public float, and challenges ahead, a […]
Read moreAPPLE is set to make a number of changes on the iPhone 15 but one shift has caught everyone's attention. The world's richest company looks set to adopt a completely different charger. For more than ten years Apple has been using its own Lightning connector. Although the iPhone 15 hasn't been revealed yet, there's a strong feeling that it could […]
Read moreOn Wednesday, the Biden administration canceled the seven remaining oil and gas leases issued by the Trump administration to develop a portion of Alaska’s National Petroleum Reserve (NPR-A). In a statement, the president said that canceling the leases and “more than 13 million acres in the Western Arctic will help preserve our Arctic lands and wildlife, while honoring the culture, […]
Read moreThe Federal Reserve released its Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, on Wednesday. The Beige Book said contacts from most Fed districts indicated economic growth was modest during July and August. While consumer spending on tourism was stronger than expected, the report said other retail spending continued to slow, […]
Read moreOn Thursday, President Joe Biden will travel to India to attend the G20 Leaders’ Summit. On Friday, he will participate in a bilateral meeting with Indian Prime Minister Narendra Modi in capital New Delhi. And on Saturday and Sunday, the President will participate in the official sessions of the G20 Summit. “As the President heads to the G20, he is […]
Read moreThe Commerce Department’s report on personal income and spending might have an influence on inflation and that might be the highlight on Thursday. Early trends on the U.S. Futures Index suggest that Wall Street might open higher. Asian shares finished mostly down, while European shares are trading higher. As of 7.55 am ET, the Dow futures were progressing 157.00 points, […]
Read moreShares of UBS Group AG were gaining around 6 percent in the morning trading in Switzerland as well as 5 percent in pre-market activity on the NYSE after the banking major reported Thursday significantly higher profit in its second quarter primarily reflecting a $29 billion negative goodwill on the acquisition of Credit Suisse Group, as well as higher revenues. Looking […]
Read moreLife Raft Treats is recalling its Not Fried Chicken and Life Is Peachy ice cream products, citing possible Listeria Monocytogenes contamination, the U.S. Food and Drug Administration said. The recall involves their Not Fried Chicken 64 oz bucket, Not Fried Chicken 2.5 oz bar UPC 8 60006 18210 6 and Life Is Peachy 6 count box ice cream products. All […]
Read moreExtending the pullback seen over the two previous sessions, treasuries moved to the downside over the course of the trading day on Wednesday. Bond prices saw initial strength but slid into negative territory in morning trading and spent the rest of the day in the red. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, […]
Read moreWhen it comes to tackling the bathroom, proper cleaning techniques are essential. Not only is it an area prone to germ buildup, but it’s also where we go to cleanse ourselves, making cleanliness a top priority. A professional cleaner, known as “Jetlag Remedy,” has generously shared her expert advice on how to achieve optimal results while avoiding common mistakes. Taking […]
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