Facebook’s parent firm recorded a 55% drop in profits during the final quarter of 2022 – the result of a $4.2bn restructuring charge that included the cost of thousands of job cuts. Meta Platforms, which also includes WhatsApp and Instagram in its stable, said its net income profit measure slumped to $4.65bn between October and […]
Morgan Stanley Investment Management (“MSIM”) today announced the launch of an exchange-traded fund (“ETF”) platform with the listing of six Calvert ETFs on NYSE Arca. The ETF product suite features Calvert Research and Management’s industry-leading approach to responsible investing and offers investors access to four indexed Environmental Social Governance (“ESG”) strategies and two active ESG […]
Carleton’s economics department received the third annual American Economic Association’s (AEA) Award for Outstanding Achievement in Diversity and Inclusion in December 2022. The award, which was announced in January, recognizes college economics departments and other organizations which have demonstrated “outstanding achievement in diversity and inclusion practices.” Mark Kanazawa—Wadsworth A. Williams professor of economics, former department […]
‘Skewed’: How poor electricity market design cost Britain £7bn last … BusinessGreen Read the full article…
CHICAGO–(BUSINESS WIRE)–Banrion Capital Management, a financial services company focused on providing solutions for engaging in alternative investments, announces its official launch this month. The firm is on a mission to make alternatives a core part of investing for everyone through education, technology and other tools for advisors and investors alike. Founded by CEO Shana Orczyk […]
KARACHI – The US dollar appreciated by 94 paisas against the Pakistan rupee in the interbank market to close at Rs268.82 on Wednesday against the previous day’s closing of Rs267.88. In the opening market, the buying and selling rates of greenback were recorded at Rs270 and Rs272.70, respectively. The local currency loses ground a day […]
Last updated on January 16, 2023 Chaman Metallics IPO description – Incorporated in 2003, Chaman Metallics is primarily engaged in the business of manufacturing and selling of Direct Reduced Iron (i.e. sponge iron). Sponge iron is mainly used as a raw material for making steel in electric arc furnaces and induction furnaces. The company’s manufacturing […]
Here is the full text of Sitharaman’s Budget 2023 speech: Finance Minister Nirmala Sitharaman began the presentation of the Union budget 2023 in the Lok Sabha by informing that Indian economy is expected to grow at 7% this fiscal. She added that the economy is on the right track despite challenges. Read the full article…
President Joe Biden says he will not negotiate over the US debt ceiling, accusing Republicans of taking the economy ‘hostage’. Photo: Mandel NGAN / AFPSource: AFP President Joe Biden and the new Republican speaker of the House of Representatives, Kevin McCarthy, face off Wednesday at the White House to discuss the US debt standoff — […]
International action-comedy king, Jackie Chan, is a man worth 400 million dollars. Over the years, with his hard work and dedication, Chan has accumulated a considerable amount of real estate all over the world. These include more than one house in countries like China, Singapore, Hong Kong, and more. While he has been able to […]
