Author: Jordan

US stocks rose slightly on Thursday as investors focused on AI prospects ahead of SK Hynix’s US trading debut, setting aside jitters over a flare-up in US-Iran hostilities. The tech-heavy Nasdaq Composite (^IXIC) ticked up by 0.2%. Meanwhile, the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) both put on 0.1% after Wall Street stocks closed mixed on Wednesday. Investors are taking stock after a surge in US-Iran tensions that saw the two sides trade new attacks on Thursday, putting a fragile truce to the test. The fighting intensified as the US launched airstrikes on 90 Iranian targets, and…

PepsiCo on Thursday warned of higher commodity costs in the second half of the year, at a time when the snack and beverage giant is increasing investments and lowering prices to attract value-conscious consumers.Shares of PepsiCo slipped about five per cent after the company kept its forecast intact and reported a two per cent drop in sales in its North American food business.Food and beverage companies are contending with rising packaging and logistics costs as the Iran war keeps oil prices high, while they face the challenge of tailoring products for health-conscious shoppers seeking better value.Although PepsiCo is expecting higher…

Chandigarh’s residential property market has witnessed a sharp price escalation over the last few years, with auction data showing that plots of comparable size now fetch two to five times the prices seen in 2019. The appreciation is evident across small, medium and large residential plots auctioned by the Chandigarh Administration.An analysis by The Indian Express of auction data revealed that the most significant increase was in plots sized between 500 and 530 square yards. In January-February 2019, a 528.125-square-yard plot in Sector 40 was auctioned for Rs 4.54 crore, while another plot of the same size in Sector 40-B…

Bloomberg Launches Electronic Trading Workflow for Indian Government Bonds Integrated with RBI Systems geneonline.com Source link

The product focuses on single self-contained properties and offers a 5-year fixed rate within Family Building Society’s 75% LTV range.  NRLA Mortgages has formed a new partnership with Family Building Society to give members access to a limited company mortgage product.  The product is exclusive to NRLA members and focuses on single self-contained properties.  It offers a 5-year fixed rate within Family Building Society’s 75% loan-to-value (LTV) range.  Key features include free valuation up to £500,000 for remortgage applications, no application fee saving £175, and £500 cashback on remortgage applications. The deal is intended to give landlords more value and…

For an institution celebrating its Platinum Jubilee, the degree certificates came as an anticlimax for several reasons.Kharagpur (West Bengal): Indian Institute of Technology (IIT) Kharagpur held its 72nd convocation on Friday, July 4, awarding 3,936 degrees to graduating students across undergraduate, postgraduate and doctoral programmes as the institute continued celebrations marking its platinum jubilee.The degrees include 539 Ph.D., 908 M.Tech., 801 dual degrees, 628 B.Tech. (Honours), 181 four-year B.Sc., 209 two-year M.Sc., 163 MBA, 59 PGDBA, 73 LL.M., 31 LL.B., besides several other postgraduate and specialised programmes.The convocation, held in the institute’s Platinum Jubilee year marking 75 years since the…

India’s consumer credit market is undergoing a structural shift, with personal loans and consumer finance products replacing credit cards as the preferred entry point for first-time borrowers, according to Bhavesh Jain, Managing Director and CEO of TransUnion CIBIL.The trend is changing how lenders acquire customers, with banks now competing for a larger share of existing borrowers’ spending rather than relying primarily on new-to-credit consumers. The shift is expected to continue as younger consumers adopt multiple credit products earlier in their financial journey. While credit cards remain an important lending and payment product, lenders will increasingly need to differentiate through customer…

GSK has terminated its five-year neuroscience collaboration with Alector after both experimental antibody drugs at the centre of the deal failed in clinical testing. The collaboration covered latozinemab, aimed at a rare inherited form of frontotemporal dementia, and nivisnebart, aimed at early Alzheimer’s disease. With both programmes now discontinued, GSK has opted to end the partnership. Alector disclosed the termination in a filing with the US Securities and Exchange Commission on 8 July. GSK gave written notice on 6 July and, under the terms of the original agreement, the termination will take effect after a 180-day notice period on 2…

The Ford Ranger line-up in Malaysia is set to be updated, according to a teaser Facebook post by Ford Malaysia. The darkened image of three Ranger pick-up trucks suggest all three will be double-cab versions, with differing equipment levels. Going by what’s revealed by the silhouettes of each example in the teaser image, the middle unit with the visible roof rails can be expected to be the highest-specification example of the upcoming trio. The Ranger line-up in Malaysia was joined by the WildTrak 3.0 V6 Turbo Diesel last year. Given that the Platinum variant of the 2.0L Bi-Turbo followed around…

Sensex climbed 238.22 points to settle at 76,741.82. | Photo Credit: PTI Market benchmark indices Sensex and Nifty rebounded on Thursday (July 9, 2026) after a heavy correction in the previous session amid foreign fund inflows and a largely positive trend in global markets.However, caution prevailed in the market as the United States and Iran exchanged strikes for a second consecutive day, an expert said.The 30-share BSE Sensex climbed 238.22 points, or 0.31%, to settle at 76,741.82. During the day, it jumped 823.05 points, or 1.07%, to 77,326.65.The 50-share NSE Nifty went up by 80.75 points, or 0.34%, to end…