Tag: Equity Investments

Equity-oriented investments are better suited for long-term goals

NEW DELHI : I am 37 years old. I have a two-year-old daughter, and would like to invest towards meeting her education needs, for her...

Equity investments may not be the solution for all your financial goals

Timelines are the most essential thing one should keep in mind while planning for financial goals. But, one generally tends to forget this in looking...

Flexi-cap funds suited for core of long-term investment portfolios

Six flexi-cap funds, including those of ICICI Prudential and Nippon India, have been launched since November 2020 when this category of funds came into being....

Investing in a debt mutual fund? Check these 3 parameters

MUMBAI: Before investing in a debt mutual fund, always check for three parameters. You can use these parameters to narrow down your list of funds,...

How to prepare financially for 2nd covid wave

The second wave of the covid-19 crisis has hit India in more ways than one. Equity markets are starting to take notice, displaying volatility reminiscent...

SoftBank’s Arm at loggerheads with Chinese venture over CEO

SHANGHAI/SAN FRANCISCO (Reuters) – SoftBank Group Corp-owned Arm Ltd and its Chinese joint venture on Wednesday publicly disagreed over whether the unit’s chief executive officer...

WhatsApp, PayPal invest in Indonesian super app Gojek

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and...

Germany stamps authority on Lufthansa with $9.8 billion lifeline

FRANKFURT/BERLIN (Reuters) – Germany threw Lufthansa (LHAG.DE) a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in...

Lufthansa, German government agree on $9.8 billion rescue package: sources

FRANKFURT/BERLIN (Reuters) – The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached...

Dozens of Chinese companies added to U.S. blacklist in latest Beijing rebuke

WASHINGTON (Reuters) – The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy...

U.S. adding 33 Chinese companies, institutions to economic blacklist

WASHINGTON (Reuters) – The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy...

World Bank says Covid-19 to push 60 mn into poverty; announces $160 bn assistance to 100 countries

WASHINGTON: The coronavirus pandemic is expected to put over 60 million people into extreme poverty globally, the World Bank has said as it announced emergency...

SoftBank Vision Fund records $18 billion operating loss, portfolio slides underwater

TOKYO (Reuters) – Japan’s SoftBank Group Corp on Monday reported an annual 1.9 trillion yen ($18 billion) operating loss at its gargantuan Vision Fund, as...

U.S. funds rush to tech companies and battered energy stocks in first-quarter

BOSTON/NEW YORK (Reuters) – Prominent U.S. fund managers piled into big-name technology stocks and bottom-fished in the beaten-down energy sector as markets reeled from the...

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

DUBAI/BENGALURU (Reuters) – Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing (BA.N), Facebook (FB.O) and Citigroup (C.N), a...

Saudi sovereign fund buys minority stakes in Citi, Boeing, Facebook

DUBAI (Reuters) – Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing (BA.N), Facebook (FB.O) and Citigroup (C.N), according...

WeWork directors seek to preserve right to sue owner SoftBank

(Reuters) – A special committee of WeWork board members filed a motion in Delaware on Monday to prevent it from being disbanded, as it pursues...

Exclusive: Saudi Aramco seeking to review price of SABIC deal – sources

DUBAI (Reuters) – Saudi Aramco is looking to restructure its deal to acquire a controlling stake in petrochemicals maker SABIC after a more than 40%...

India’s Reliance strikes third unit stake deal, raising $8 billion in two weeks

NEW DELHI (Reuters) – India’s Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in digital unit Jio Platforms, a third deal in...

GSK sells $3.4 billion Hindustan Unilever stake in largest India block trade

HONG KONG/SINGAPORE (Reuters) – GlaxoSmithKline (GSK.L) has sold its stake in Unilever’s (ULVR.L) Indian business (HLL.NS) for $3.4 billion, marking India’s largest block trade, which...

Gold price boosts Barrick profit as miner eyes copper deals

(Reuters) – Barrick Gold Corp (ABX.TO) (GOLD.N) reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to...

Thomson Reuters cuts sales outlook, narrowly misses earnings estimates

NEW YORK (Reuters) – Thomson Reuters (TRI.TO) cut its full-year sales outlook due to disruption to the global economy from the coronavirus crisis on Tuesday...

Berkshire sells entire stakes in U.S airlines: Buffett

(Reuters) – Berkshire Hathaway Inc (BRKa.N) sold its entire stakes in the four largest U.S. airlines in April, Chairman Warren Buffett said Saturday at the...

Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale – sources

(Reuters) – An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb’s hedge fund Third Point LLC plans to challenge a...

Virgin Atlantic says still talking with UK government on coronavirus funds

(Reuters) – Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak...