TSX gains on Wednesday despite a decline in the price of oil, and U.S. markets increase as well.

While U.S. stock markets gained despite a stronger-than-expected news on wholesale inflation, Canada’s major stock index rose on Wednesday due to strength in the utilities, telecoms, and financial sectors. According to Greg Taylor, chief investment officer at Purpose Investments, Wednesday proved to be more unpredictable than the week’s opening strong gains. The day’s trading was … Read more

TSX gains on Wednesday despite a decline in the price of oil, and U.S. markets increase as well.

While U.S. stock markets gained despite a stronger-than-expected news on wholesale inflation, Canada’s major stock index rose on Wednesday due to strength in the utilities, telecoms, and financial sectors. According to Greg Taylor, chief investment officer at Purpose Investments, Wednesday proved to be more unpredictable than the week’s opening strong gains. The day’s trading was … Read more

Once a profitable venture, UBS is packing up and saying goodbye to its US municipal bond issuing business. Reduced staffing will ensue.

According to the newspaper, which quoted persons familiar with the situation, it will close the majority of its municipal bond issuing business, leading to personnel reductions, the exact nature of which is unknown. UBS is one of the top twenty underwriters of US municipal bonds. The biggest bank in Switzerland brought back state and municipal … Read more

BofA document reveals investors’ opinions about Turkey following meetings with the minister of finance

According to a leaked Bank of America Corp. memo that details investor comments to private meetings with Turkish Finance Minister Mehmet Simsek in London, efforts to entice disillusioned investors back to Turkey are moving slowly. The eight-page document, titled “confidential,” compiles comments from twenty-three investors, including a $700 billion Asian sovereign wealth fund, a global … Read more

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TCS Alerts US Tech Industry to Weakness Following Disappointing Earnings

In the quarter ended in September, net income increased by 8.7% to 113.4 billion rupees ($1.4 billion). The average profit forecast by analysts was 114.09 billion rupees. Sales reached 596.9 billion rupees, up 7.9%. TCS shares fell 1.7% in the first hour of trade in Mumbai. Leading India’s IT services sector, worth over $245 billion, … Read more

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As attention is focused on inflation statistics, stocks rise: today’s stock market news

US equities recovered some of their lost ground on Wednesday as traders evaluated higher-than-expected inflation data, braced themselves for more on Thursday, and watched the Federal Reserve minutes for clues about policymakers’ interest rate decisions. In the end, the S&P 500 (\GSPC) gained 0.4%, while the Dow Jones Industrial Average (\DJI) finished up 0.2%. Extending … Read more

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Market for Feminine Hygiene Products Expected to Reach US$ 70.6 Bn by 2032 Motivated by Instructive Initiatives | MarketResearch.biz

The middle class in growing nations like Brazil and China has more disposable income, which is driving up demand for feminine hygiene products globally. More affordable feminine hygiene solutions have also emerged. It is anticipated that growing awareness of female hygiene and health will accelerate this upward trend in the near future. The ‘Parivartan’ initiative … Read more

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