u.s. economy news now
- ECONOMY
JSPL Revises Terms To Sell Power Unit To Promoter Firm
Jindal Steel and Power Ltd. revised the terms for selling its power unit to a promoter firm after analysts and…
Read More » - ECONOMY
Bitcoin Hits Key Level Not Seen Since May Amid Wood, Musk Boost
(Bloomberg) — Bitcoin traded above a crucial technical level over the weekend for the first time since early May, after…
Read More » - ECONOMY
Australia’s Pfizer Deal; U.K. Premier League Plans: Virus Update
Australia has secured an additional 85 million doses of the Pfizer-BioNTech vaccine for delivery from next year and is continuing…
Read More » - ECONOMY
Reliance Jio Q1 Review – Robust Performance, Subscriber Growth Momentum Unabated: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Glenmark Life Sciences IPO – Strengths, Key Strategies, Risks: Anand Rathi
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Telecom Sector Check – Bharti Airtel Upgrades Post-Paid Plans With An Aim To Increase ARPU: CARE Ratings
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Heidelberg Cement Q1 Review – Growth Remains A Challenge As Margins Take Hit: Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
SBI Cards Q1 Review – Steady Performance; Asset Quality Improves Sequentially: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Ramco Cements Annual Report Analysis – Consolidating Strengths, Ready For Future: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
ABB Power Q2 Review – Execution Miss Led By Covid-19 Restrictions: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Wild Superyacht Secrets I Learned When I Became a Deckhand
(Bloomberg Businessweek) — At a shipyard in the Netherlands—the world’s megayacht maternity ward—the largest vessel of its kind is being…
Read More » - ECONOMY
Mercedes-AMG GT 63 S Review: A Supercar With Creature Comforts
(Bloomberg) — On its website, Mercedes-Benz describes the 2021 Mercedes-AMG GT63 S as “a four-door supercar.” This is a bit…
Read More » - ECONOMY
65% Zomato Shares Changed Hands On Listing Day
Nearly seven out of every 10 shares issued in Zomato Ltd.’s initial public offering saw a change in ownership on…
Read More » - ECONOMY
Videocon Insolvency: Next Steps As Resolution Pends
The Dissenting View At the NCLAT, Bank of Maharashtra and IFCI raised concerns regarding the valuation process followed to arrive…
Read More » - ECONOMY
HUL Q1 Review – Strong Volume Growth; Raw Material Inflation Remains Key Monitorable: Systematix
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
AGR Case: Supreme Court Dismisses Telecom Firms’ Plea On Calculation Of Dues
The Supreme Court of India has dismissed the applications by telecom companies seeking permission to approach the Department of Telecommunications…
Read More » - ECONOMY
Sterlite Technologies Q1 Review – Strong Performance On Benign Base: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Q1 IT Review: Deal Wins Aid Revenue For TCS To Wipro But Wage Hikes Bite
TCS—whose revenue grew 2.4% sequentially in constant currency terms—expects to deliver double-digit revenue growth in FY22, driven by ramp-up of…
Read More » - ECONOMY
Mexico Tycoon’s Tax Case in Top Court, With $2 Billion at Stake
(Bloomberg) — Billionaire Ricardo Salinas Pliego’s long-running tax dispute with the Mexican government is headed for review by one of…
Read More » - ECONOMY
With 50,000 Cases a Day, One Country Opens Up as Another Suffers
(Bloomberg) — The pandemic has a new epicenter, with Indonesia taking the lead in the dismal Covid-19 stakes after a…
Read More » - ECONOMY
Snap Beats Expectations on User Growth, Revenue; Shares Rise
(Bloomberg) — Snap Inc. reported gains in quarterly revenue and daily active users increases that exceeded analysts’ estimates, as investments…
Read More » - ECONOMY
Blizzard Botched Warcraft III Remake After Internal Fights, Pressure Over Costs
(Bloomberg) — Blizzard Entertainment’s disastrous remake of the classic video game Warcraft III last year was the result of mismanagement…
Read More » - ECONOMY
Asian Paints Q1 Review – Pent-Up April, June Demand Fuels Performance: Centrum Broking
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
HCL Technologies Q1 Review – Growth, Margin Are Way Lower Than Pre Covid-19: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Bajaj Finserv Q1 Review – Elevated Provisioning, Higher Claims Impact Profit: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Syngene International Q1 Review – Mixed Numbers; Remdesivir Impacts Margins: ICICI Direct
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
India Announces Rs 6,300-Crore PLI Scheme For Specialty Steel
India announced incentives worth Rs 6,322 crore to boost domestic production of high grade specialty steel used in automobiles to…
Read More » - ECONOMY
Mangalam Cement – Good Operating Performance; De-Levering On The Cards: Anand Rathi
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Rakesh Jhunjhunwala-Backed Star Health Seeks SEBI Nod For IPO
Chennai-based Star Health and Allied Insurance Co. has sought the market regulator’s approval for an initial public offer. The Rakesh…
Read More » - ECONOMY
Asian Paints Q1 Results: Brokerages Raise Price Targets; Shares Fall
Analysts raised target prices for Asian Paints Ltd. on account of improving demand and market share gains even as concerns…
Read More » - ECONOMY
Glenmark Life Sciences Prices IPO At Rs 695-720 Apiece
Glenmark Life Sciences Ltd., a bulk drug and contract manufacturer backed by Glenmark Pharmaceuticals Ltd., will sell shares at Rs…
Read More » - ECONOMY
Jubilant Foodworks Q1 Review – Capitalising On Opportunity, Accelerated Store Expansion: ICICI Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Asian Paints Q1 Review – Resilient Performance Continues: Dolat Capital
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
EPL Annual Report Analysis – Second Covid-19 Wave Disrupts Recovery: Motilal Oswal
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Analysts Bet On ICICI Bank’s Valuations Catching Up With HDFC Bank
HDFC Bank Ltd. and ICICI Bank Ltd. have an old rivalry. The former, by virtue of being the steady workhorse…
Read More » - ECONOMY
Asian Paints Q1 Review – Strong Momentum, Margin Pressure Peaked Out: Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset…
Read More » - ECONOMY
Low Interest Rates, RERA Aiding Housing Upycle, Says Prestige Group
Low interest rates and stricter regulations are nudging buyers to invest in real estate during the pandemic, according to Irfan…
Read More » - ECONOMY
All You Need To Know Going Into Trade On July 22
Bharti Airtel: Announced a collaboration with Intel for 5G network development by leveraging virtualised radio access network and open radio…
Read More » - ECONOMY
Billionaire Who Missed Out on TikTok Is Now Trying to Beat It
(Bloomberg) — In 2017, Su Hua, the founder of a Chinese startup called Kuaishou Technology, was on the verge of…
Read More » - ECONOMY
South Africa to Make Pfizer Shots; Indonesia Curbs: Virus Update
(Bloomberg) — Pfizer Inc. and BioNTech SE reached an agreement to partner with South Africa’s Biovac Institute to make their…
Read More » - ECONOMY
Why Gibraltar Remains an Issue in Post-Brexit Talks
(Bloomberg) — The aftershocks of the U.K.’s exit from the European Union are still being felt in Gibraltar, the rocky…
Read More » - ECONOMY
Mark Bittman Is Already Disappointed in President Biden
(Bloomberg) — Few people have had as much to say about the American diet as Mark Bittman. Between his bestselling…
Read More » - ECONOMY
House Republican Opposition to Biden Win Still Hurting Donations
(Bloomberg) — The 147 Republicans who voted against certifying President Joe Biden’s victory are still feeling the sting of decreased…
Read More » - ECONOMY
Multi-Disciplinary Audit Firms Get Regulatory Nod
The Institute of Chartered Accountants of India has made way for multi-disciplinary partnership firms. Accounting and audit firms have now…
Read More » - ECONOMY
The Great Inflation Debate: Back To Basics
The June number for the consumer price index in the United States showing a jump of 0.9% month-on-month (in seasonally-adjusted…
Read More » - ECONOMY
HUL’s Margin To Come Under Pressure Even Amid Price Hikes
Hindustan Unilever Ltd.‘s revenue is expected to grow marginally aided by price hikes, but its margin may come under pressure…
Read More » - ECONOMY
Democrats Outraised GOP, But Republicans Still Have Edge in Cash
(Bloomberg) — The Democratic National Committee raised $87.1 million over the first six months of the year, more than its…
Read More » - ECONOMY
Gopuff Says It Will Expand Hot Food Deliveries Nationwide
(Bloomberg) — Fast-growing delivery startup Gopuff is formalizing its experimental food truck program in a move that extends its menu…
Read More » - ECONOMY
J&J Jab Efficacy; Delta Now 83% of New U.S. Cases: Virus Update
(Bloomberg) — One dose of Johnson & Johnson’s Covid-19 vaccine is much less effective against the delta and lambda variants…
Read More » - ECONOMY
Amazon Vs Future Retail: Arguments Begin In Supreme Court
The Indian chapter of the legal battle between Amazon.com Inc. and Kishore Biyani’s Future Group has reached its final leg,…
Read More »
