FCA chief believes naming and shaming plans will only impact ‘a small number’ of companies

FCA chief believes naming and shaming plans will only impact ‘a small number’ of companies

Stay informed with regular updates Just sign up for the UK financial regulation myFT Digest — delivered straight to your inbox. The UK financial watchdog is seeking to address concerns about its plans to publicly name more companies it investigates, stating that the changes will only impact a small number of cases. Nikhil Rathi, CEO … Read more

The impact of Kellogg’s use of artificial food dyes on health and alternative sources

The impact of Kellogg’s use of artificial food dyes on health and alternative sources

California has been at the forefront of artificial food dye legislation, with the recent California School Food Safety Act banning the use of six artificial dyes in public school food starting in 2027. This has sparked protests in other states, such as Michigan, where demonstrators called for Kellogg to remove artificial dyes from popular cereals … Read more

Companies set to report earnings next week have a track record of surpassing expectations.

Companies set to report earnings next week have a track record of surpassing expectations.

Several companies are set to release their earnings reports next week, with some potentially standing out among the rest. Earnings season is in full swing, with 22% of S&P 500 members expected to announce their quarterly results in the coming days. According to FactSet, the majority of companies that have already reported their third-quarter earnings … Read more

Volkswagen Delays Launch of its Future Model “Trinity”

Volkswagen Delays Launch of its Future Model “Trinity”

Volkswagen’s electric car “Trinity” was once seen as a beacon of the company’s future. However, according to a media report, the launch of this new model will be further delayed. Several other projects are also experiencing setbacks. The “Trinity” will arrive later than expected: The Volkswagen Group is apparently delaying the launch of its significant … Read more

Cryptocurrency Market Update: Monday Midday Trends

Cryptocurrency Market Update: Monday Midday Trends

At midday, the Bitcoin price saw an upward trend. As of 12:26 PM, Bitcoin’s value increased by 1.47%, reaching $67,282.47, up from the previous day’s $66,309.34. Meanwhile, Bitcoin Cash experienced a decline. At 12:25 PM, the Bitcoin Cash price dropped by 1.08%, landing at $479.62, compared to $484.85 the previous day. Ethereum, on the other … Read more

Indian Grants and Loans: Bhutan Takes the Lead in Budget 2024

Indian Grants and Loans: Bhutan Takes the Lead in Budget 2024

Bhutan has emerged as the primary beneficiary of grants and loans from the Indian government, securing ₹6,541.79 crore during the fiscal year 2023-24. Following the presentation of the interim budget for 2024 by Union Finance Minister Nirmala Sitharaman, it was revealed that Bhutan surpassed other nations in receiving financial support from India. The allocation from … Read more

Budget Proposal: Paper Industry Body Pushes for 25% Import Duty on Paper and Paperboards

Budget Proposal: Paper Industry Body Pushes for 25% Import Duty on Paper and Paperboards

The Indian Paper Manufacturers Association (IPMA) is urging the government to implement measures in the upcoming budget to protect the domestic paper and paperboard industry. The industry body has proposed an increase in the import duty on paper and paperboard from the current 10% to 25% to curb cheap imports. IPMA emphasizes that India’s WTO … Read more