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Bloomberg Quint
1w
278
Image Credit: Bloomberg Quint
US Jobless Claims Fell A Fourth Week During July 4 Holiday
- US initial jobless claims decreased by 5,000 to 227,000 in the week ended July 5, the lowest in two months.
- Continuing claims rose to 1.97 million, still the highest since late 2021, indicating challenges for out-of-work Americans to find jobs.
- New filings tend to be volatile around school summer breaks and federal holidays as temporary and seasonal workers cycle in and out of employment.
- The decline in initial claims suggests employers are reluctant to lay off workers amid ongoing difficulties for job seekers.
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HinduBusinessLine
1w
17
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Broker’s call: Finolex Ind (Buy)
- Finolex Industries faced weakened revenues due to lower realizations from PVC prices volatility and subdued volume growth in Q4-FY25.
- PVC resin volumes declined significantly to 56,018 tonnes from 69,215 tonnes, impacting the company's EBIT and margins.
- Despite challenges, there is potential for improved earnings with enhanced pricing power, stable PVC prices, and better product penetration, especially in non-agri pipes.
- Analysts recommend buying Finolex Industries stock with a revised target price of ₹253, based on improved business outlook and potential growth opportunities.
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Bloomberg Quint
1w
205
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India US Trade Deal LIVE: 22 Countries Slapped With Trump Tariffs; Pact With India On Cards?
- US President Donald Trump has imposed tariffs on 22 countries, with Brazil facing a steep 50% tariff.
- India and the United States are still in talks to finalize a trade agreement.
- Trump's tariff actions have not yet included India, which is actively engaging in trade negotiations with his administration.
- As global trade developments unfold, there is anticipation regarding the progress of an India-US trade deal.
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Dynamicbusiness
1w
316
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The surprising new focus of business spending in 2025
- Australian businesses shift focus to smarter, lower-risk investments with immediate returns in 2025.
- Small Business Loans Australia survey shows businesses investing in people, technology, and efficiency.
- A strategic pivot away from big-ticket purchases towards investments that drive growth.
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Bloomberg Quint
1w
0
Image Credit: Bloomberg Quint
Goldman Warns Dollar Can Quickly Trade Like Risky Currency Again
- Goldman Sachs analysts warn that the US dollar may start trading as a riskier currency again due to various factors.
- Factors such as policy uncertainty, trade tariffs, Federal Reserve independence, fiscal fears, and diversification away from US assets could trigger volatility in the dollar.
- The dollar has shown an increased tendency to sell off alongside US equities in 2025, indicating a shift in correlations compared to previous years.
- While a permanent shift in the dollar's status as a safe-haven asset is not predicted, short-term volatility is expected.
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Bloomberg Quint
1w
496
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Marico, PN Gadgil, Radico Khaitan, RBA— Motilal Oswal's Top Stock Picks In Consumer Sector; Q1 Results Preview
- Motilal Oswal's top stock picks in the consumer sector include companies like Marico, Jubilant FoodWorks, Page Industries, Kalyan Jewellers, and PN Gadgil.
- In Q1 FY26, demand trends across various consumer categories are expected to reflect patterns seen in previous quarters.
- In Motilal Oswal's consumer coverage universe, revenue and Ebitda growth year-over-year in Q1 FY26 are projected to be positive across all segments like staples, paints and adhesives, liquor, innerwear, QSR, and jewelry.
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Bloomberg Quint
1w
283
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OPEC+ Discussing Pause To Output Hikes After Next Increase
- OPEC+ is considering a pause in production increases after its next monthly hike.
- The group plans to complete the revival of a 2.2 million-barrel supply in September and another 550,000 barrels monthly.
- Discussions are ongoing, and no firm decisions have been made yet. The halt in production could amount to around 1.66 million barrels per day.
- This move to potentially pause production increases has affected crude futures, with Brent futures down 0.9%.
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Bloomberg Quint
1w
350
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Musk Says Grok Chatbot Is Coming To Tesla Vehicles By Next Week
- Elon Musk announced that the artificial intelligence chatbot, Grok, will be integrated into Tesla vehicles next week.
- The decision comes shortly after the chatbot shared antisemitic content on Musk's social media platform.
- The new version of Grok boasts improved voice conversations and has shown better performance compared to other AI models.
- The integration of Grok into Tesla vehicles indicates a deepening relationship between xAI and Tesla, potentially boosting the carmaker's sales.
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Guardian
1w
184
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With the world in crisis, many say end globalisation. I say that would be a mistake | Luiz Inácio Lula da Silva
- The international order built since 1945 is at risk of collapsing, with major global crises leading to a breakdown in multilateral cooperation.
- Neoliberal globalisation's failure was exposed by the 2008 financial collapse, deepening inequality and favoring the ultra-wealthy at the expense of ordinary citizens.
- Challenges such as climate change, hunger, and disparities rooted in historical exploitation persist, urging for a renewed commitment to implementing sustainable development goals by 2030.
- The call for rebuilding multilateralism on fairer and more inclusive foundations to address current global challenges and prevent further inequality, war, and environmental destruction.
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HinduBusinessLine
1w
414
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Air India to extend flight cuts until August end
- Air India has decided to extend flight cuts until the end of August.
- The airline is facing challenges related to airspace closures, operational stability, and a soft demand on several routes.
- Difficulty in selling tickets due to longer flight durations and the need for additional fuel on US-bound flights has been highlighted.
- Campbell Wilson, the managing director, emphasized the importance of a 'safety pause' for voluntary aircraft checks and stabilizing flight schedules.
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TechBullion
1w
79
Image Credit: TechBullion
MH Markets at NASDAQ: CEO Chokri Houimli Delivers Exclusive Interview
- MH Markets made a significant move by taking center stage on the NASDAQ Tower in Times Square, signaling its ambitions for a planned 2026 listing.
- CEO Mr. Chokri Houimli shared insights during an exclusive interview at the NASDAQ MarketSite about reshaping global trading with MH Securities offering white-glove access to global equities and corporate bonds.
- The NASDAQ presence is seen as a brand accelerator for MH Markets, aiming to redefine trading excellence, enhance cross-market collaboration, and attract institutional partners.
- The move to NASDAQ is part of a deliberate strategy to prove MENA-based financial innovators can compete globally, with a focus on sustainable growth and value for clients and partners.
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HinduBusinessLine
1w
1.8k
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GHIAL acquires 70% stake in GMR Logistics Park
- GHIAL has acquired a 70% stake in GMR Logistics Park, increasing its ownership in the company to 100%.
- EGLPPL, initially a joint venture between GHIAL and ESR Hyderabad 1 Pte. Ltd, was formed in 2020 for developing warehousing and logistics parks in Hyderabad.
- GHAL's acquisition is part of its strategy to accelerate airport land development in Hyderabad and strengthen its presence in the industrial and warehousing sector.
- The move aims to expand GHAL's footprint, unlock new growth avenues, and position Hyderabad as a significant logistics and warehousing hub in the region.
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HinduBusinessLine
1w
273
Image Credit: HinduBusinessLine
Income inequality: Is it misinformation or a conceptual faux pas?
- Government report confuses consumption and income inequality, with contradicting World Bank data.
- Rising income inequality, wage disparities, and misleading global comparisons raise concerns.
- Persistent income stress, declining real incomes, and structural backsliding challenges economic narratives.
- K-shaped recovery, unsuitable policies, and widening income gap underscore the need for reform.
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Blackenterprise
1w
278
Image Credit: Blackenterprise
Boost Your Bottom Line: 5 Strategies For Business Cost Cutting
- Strategies for business cost cutting include reducing customer acquisition costs with product gifting.
- Using AI to streamline operations can save time and increase productivity significantly.
- Negotiating with manufacturers and vendors can help reduce operating costs and improve margins.
- Maintaining a small and efficient team can free up funds for product development and marketing.
- Investing in ads requires careful planning and manual bidding for optimal return on investment.
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HinduBusinessLine
1w
270
Image Credit: HinduBusinessLine
Rail stocks ride the modernisation wave at Indian Railways
- The article discusses the modernization of the Indian Railways over the last few years and its impact on railway stocks.
- Key developments include the completion of the Eastern Dedicated Freight Corridor (DFC) and the progress of other corridors like the Western DFC set to be operational by December 2025.
- Rail stocks like CONCOR and RVNL have seen significant surges in their values due to their involvement in infrastructure projects such as the DFC.
- Projects like the Vande Bharat trains, Kavach system, and station redevelopment initiative (ABSS) reflect the advancements being made in the railway sector in India.
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