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Business News

Location American Business News for 3 October 2021
Bernard Tapie, French Businessman and Soccer Club President, Dies at 78 The flamboyant businessman was beloved by sports fans for leading French soccer club Marseille to glory but also dogged by legal battles and corruption investigations.
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Can an NRI claim benefits under Section 80C ?

livemint.com - 3 Oct 2021 08:27
Can an NRI claim benefits under Section 80C ? Please note that just by transferring income from your account to the bank account of your son, you will not be able to reduce the tax which you are otherwise liable to pay on such income
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Income tax implication of selling a house taken with home loan Please note that there is no similar provision for levying income tax in respect of tax benefits claimed for interest on home loan
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Things to know before switching your health insurance policy Health insurance policyholders can switch their insurance providers if another insurer can offer better options
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Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will commence soon and will be conducted with the support...
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Volvo Cars Is Completing Plans for IPO in Stockholm

Wall Street Journal - 3 Oct 2021 22:13
The Swedish auto maker is completing plans for an initial public offering, in a deal that could value the company at as much as $25 billion.
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Stock Funds Finally Had to Struggle

Wall Street Journal - 3 Oct 2021 19:00
Quarterly Monitor: The average U.S.-stock fund fell 1% in the third quarter, and much more money flowed to the comfort of bond funds.
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Using genetic engineering, Exxon says it is closer to its goal of fueling jet planes and heavy trucks with oil distilled from algae. With government subsidies and incentives, it says it is on pace to make algae biofuel c...
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72 coal-fuelled power projects grapple with stock shortage Coal stocks are low at power projects due to an unprecedented increase in electricity demand with India's economy revival, heavy rains in September impacting coal production and dispatch and a spike in imported coal pric...
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Active share is not a shortcut to find a good active fund Studies have shown that funds that have active share outperform those that don't
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Covid-19 Charges at Hospitals Can Vary by Thousands of Dollars A Wall Street Journal analysis of previously secret pricing data indicates pandemic care hasn't escaped the complex economics of the U.S. health system.
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China's Evergrande Debt Crisis: Sizing Up a Big Mess

Wall Street Journal - 3 Oct 2021 11:30
China Evergrande Group had big ambitions. And a debt pile to match.
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Avoid debt for purchase of vehicles, as a thumb rule If your investment portfolio can generate a higher return than the interest you will be paying for the loan, only then you may consider taking the loan
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IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement mo...
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One Promising Stock To Buy After A Rough Month Even though the S&P 500 dropped over 2% last Tuesday some of the technical readings were encouraging in the view of the Viper Report's Tom Aspray. He also has one new stock pick from his monthly scan.
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Stocks This Week: Sell Short Dollar General And Buy Becton Dickinson The largest declines have fallen in this month, and stocks have usually closed on the upside by the 31st.
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Stocks To Trade In October

Forbes - 3 Oct 2021 18:00
Stocks To Trade In October Here are the stocks to buy and sell short for this volatile month.
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Here's How The CDC Says You Should Celebrate The Holidays This Year The public health agency is still encouraging people not to gather indoors with people who aren't in their household.
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GoDaddy Releases 2 New POS Systems

Small Business Trends - 3 Oct 2021 15:00
GoDaddy Releases 2 New POS Systems GoDaddy have announced they are launching a new Point of Sale (POS) hardware that will let sellers sell anything from anywhere.
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Record Junk-Loan Sales Fuel Dividend Payouts

Wall Street Journal - 3 Oct 2021 15:00
The issuance of speculative-grade loans to finance dividends hit a record $72 billion in 2021.
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As Inflation Fears Grow, Investors Flock to TIPS

Wall Street Journal - 3 Oct 2021 15:00
Here's a look at what individual investors should know about Treasury inflation-protected securities
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Winter Is Coming: Can Energy Catastrophe Be Averted? While the news about the energy crisis focuses in on Europe right now, the truth is that this is rapidly becoming a global crisis impacting global markets, and there are no quick fixes available.
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