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PepsiCo’s former Chairman, Suman Sinha passed away

Suman Sinha, also known as PM Sinha, the former chairman of PepsiCo India, passed away on Wednesday 22nd December, 2022. Sinha was the second chairman of PepsiCo India. He served PepsiCo for about a decade. When Sinha left PepsiCo, he had the farewell of farewells – attended by Amitabh Bachchan and Shah Rukh Khan. He […]

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Consumer News: U.S. economy grew faster than expected in Q3

A new report from the U.S. Commerce Department says the GDP grew at an annual pace of 3.2% between July and September when a 2.9% growth was expected. Author: wfaa.com Published: 5:20 PM CST December 22, 2022 Updated: 5:20 PM CST December 22, 2022 Read the full article…

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S Chand Sells Its Entire Holding In iNeuron To PhysicsWallah For Nearly Rs 14 Cr

With a return of over 2x on the original investment of approx. Rs7 crores in December 2021, this is the second recent exit for S Chand and Company Limited from its various Edtech Investments on back of the recently concluded exit in Testbook with an ~ 8x return on investment in July, 2022. S Chand […]

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Stop investing so much in A.I. technology

We worry some business leaders may be making an existential mistake. The percentage of companies adopting A.I. has been plateauing between 50% and 60% over the past few years. Meanwhile, some leaders have shared their frustration over not yet seeing the level of returns from A.I. investments that they expected. They simply haven’t been able […]

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Top economics news December 2022: India set to be fasted growing … – World Economic Forum

Top economics news December 2022: India set to be fasted growing …  World Economic Forum Read the full article…

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Commitment to develop onshore wind generation confirmed

SCOTLAND’S onshore wind capacity will more than double by 2030 under plans to help cut harmful emissions and support the energy sector’s net zero transformation. The finalised Onshore Wind Policy Statement confirms the Scottish Government’s ambitions for 20 Gigawatts (GW) of onshore wind power to be installed by 2030. This could generate enough electricity to […]

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Securities finance industry news | BoE Money Markets Committee reflects on settlement inadequacies for sec finance trades

BoE Money Markets Committee reflects on settlement inadequacies for sec finance trades The Bank of England Money Markets Committee has highlighted high rates of settlement failure prevailing for securities finance trades. Results from an informal market survey conducted across ISLA members for securities lending transactions between 2019 and October 2022 found that for closing leg […]

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UK economy shrank more than thought in third quarter

Comment on this story Comment LONDON — Revised figures from the Office for National Statistics on Thursday painted a grim picture for the U.K. economy, which was shown to have contracted by more than was initially estimated between July and September. Gross domestic product fell by a revised 0.3% in the third quarter of 2022, […]

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Ricketts says he's run government like a businesss – NTV

Ricketts says he’s run government like a businesss  NTV Read the full article…

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HORIZONS ETFS ANNOUNCES DECEMBER 2022 DISTRIBUTIONS FOR CERTAIN ETFS

TORONTO, Dec. 21, 2022 /CNW/ – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the distribution amounts per security (the “Distributions”) for certain of its exchange traded funds (the “ETFs”), for the 2022 tax year end, as indicated in the table below. Each ETF is required to distribute any net income and capital gains […]

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