Finance

LIC’s looming IPO weighs on India insurer shares, investors say

Next month’s mammoth stock market debut for India’s Life Insurance Corporation (LIC) has battered shares in other insurers as investors trim their holdings to make room for the state-owned giant, fund managers and analysts said.

Software firm Palantir boosts revenue view on commercial strength

Palantir Technologies (PLTR.N) forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm’s fourth-quarter revenue.

G20 must push relief to avoid debt crises – experts, campaigners

Wealthy nations must improve their floundering flagship debt relief initiative or face a spate of debt crises in the developing world, experts and campaigners say as a meeting of finance chiefs of G20 major economies opened on Thursday.

Amazon accepts Visa credit cards in global truce over fees

Amazon.com Inc has reached agreement with Visa Inc (V.N) to accept its credit cards across its network, ending a standoff between the two that threatened to disrupt e-commerce payments and deal a blow to the U.S.-based payments processor.

Geoscientists’ competency assessment comes to Australia

Australia is the latest continent to get a taste of a new online self-assessment tool to benchmark the skills within the international operations geoscience community and identify individuals’ skills gaps. The tool enables operations geoscientists, in the oil and gas sector, to objectively assess the level of their current skills – which they need to be successful in their role.

Stocks rally, seizing on Ukraine de-escalation signs

World stocks crept higher on Wednesday for the second day in a row, while safe-haven assets such as government bonds and gold lost ground, despite Western scepticism over Russian claims of a troop pullback from Ukraine’s borders.

USTR says new trade tools needed to fight China state-led trade

The United States needs to pursue new strategies and update its domestic trade tools to deal with China’s “state-led, non-market policies and practices”, the U.S. Trade Representative’s office said on Wednesday in a new assessment report.

LIC’s looming IPO weighs on India insurer shares, investors say

Next month’s mammoth stock market debut for India’s Life Insurance Corporation (LIC) has battered shares in other insurers as investors trim their holdings to make room for the state-owned giant, fund managers and analysts said.

Software firm Palantir boosts revenue view on commercial strength

Palantir Technologies (PLTR.N) forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the data analytics software firm’s fourth-quarter revenue.

G20 must push relief to avoid debt crises – experts, campaigners

Wealthy nations must improve their floundering flagship debt relief initiative or face a spate of debt crises in the developing world, experts and campaigners say as a meeting of finance chiefs of G20 major economies opened on Thursday.

Amazon accepts Visa credit cards in global truce over fees

Amazon.com Inc has reached agreement with Visa Inc (V.N) to accept its credit cards across its network, ending a standoff between the two that threatened to disrupt e-commerce payments and deal a blow to the U.S.-based payments processor.

Geoscientists’ competency assessment comes to Australia

Australia is the latest continent to get a taste of a new online self-assessment tool to benchmark the skills within the international operations geoscience community and identify individuals’ skills gaps. The tool enables operations geoscientists, in the oil and gas sector, to objectively assess the level of their current skills – which they need to be successful in their role.

Stocks rally, seizing on Ukraine de-escalation signs

World stocks crept higher on Wednesday for the second day in a row, while safe-haven assets such as government bonds and gold lost ground, despite Western scepticism over Russian claims of a troop pullback from Ukraine’s borders.

USTR says new trade tools needed to fight China state-led trade

The United States needs to pursue new strategies and update its domestic trade tools to deal with China’s “state-led, non-market policies and practices”, the U.S. Trade Representative’s office said on Wednesday in a new assessment report.

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