Share to Twitter Share to Linkedin The Serie A January transfer market window will suffer significantly from the financial wounds inflicted by the coronavirus pandemic. This winter, Serie A fans will not experience the same calciomercato liveliness that, in recent years, has brought high-profile names to Italian soccer, such as Cristiano Ronaldo , Zlatan Ibrahimović , Romelu Lukaku, and Christian Eriksen. That is the argument supported by Eleonora Trotta, who has been covering Serie A’s transfer market news for more than a decade as an editor for Italian online newspaper Calciomercato.it . Trotta explains that a lack of funds is forcing sporting directors across all Serie A clubs to take a very prudent approach to transfer negotiations. “The main trend is that the budget (for clubs) does not exist,” Trotta told me. “It’s basically zero.” A Risk-Averse Approach Because clubs cannot afford investing in risky transfer deals, … [Read more...] about What To Expect From The Serie A January Transfer Market Window As Teams Work With Limited Budgets
Expectations investing
Economic Survey 2023: Total assets under FPIs grow despite huge outflows
Moneycontrol looks into major sectors that are poised to generate employment as per the Economic Survey 2023. Total assets under custody of Foreign Portfolio Investors (FPIs) increased by 3.4 percent owing to the strong macroeconomic fundamentals of the Indian economy and improvement in market risk appetite from time to time, according to the Economic Survey 2022-23 released by the Finance Ministry on January 31. Despite the uncertain macro environment considering the inflation and geopolitical concerns, the total assets under custody of FPIs increased to Rs 54.0 lakh crore at the end of November 2022 as compared to Rs 52.2 lakh crore at the end of November 2021. Ironically, this increase comes at a time when Indian equities are witnessing huge FPI outflows. Also Read | Economic Survey 2023 shines light on growing demat accounts tally, flags declining additions During FY23, if we look at the overall net investments by FPIs, the market saw an FPI outflow of Rs … [Read more...] about Economic Survey 2023: Total assets under FPIs grow despite huge outflows
What Is An Earnings Recession, And How Does It Affect Stock Prices?
Share to Twitter Share to Linkedin Key takeaways An earnings recession may be imminent as consumer spending slows and high costs undercut profits on Wall Street As inflation and layoffs continue, talk of an earnings recession has investors worried Investors can protect themselves by diversifying their portfolios to include defensive stocks The financial world has been sounding the alarm recently over a potential recession in the U.S. and the global economy. The Federal Reserve is still fighting inflation, big tech companies are continuing layoffs, and companies are gearing up to report their 4th quarter earnings. With that, fear of an earnings recession is mounting. Morgan Stanley's investment chief warned clients that incoming earnings reports would underwhelm investors, potentially pushing major stock indexes to two-year lows even if the economy avoids a recession. As we head into earnings season, investors are keeping watch to see if … [Read more...] about What Is An Earnings Recession, And How Does It Affect Stock Prices?
Boeing Stock Nosedives Then Recovers After Missing Earnings, EPS – And Their Long Road Of Struggles Isn’t Over Yet
Share to Twitter Share to Linkedin Key takeaways Boeing lost $1.75 per share, with analysts expecting earnings of $0.26 per share The airliner is still recovering from the pandemic and the grounding of the 787 Max The company expects short-term turbulence with its stock, but the long-term outlook is smoother Boeing is one of the largest aerospace companies in the world and a popular investment option for both retail and institutional investors. It's been in business for over a century, making it an essential part of the economy nationally and globally. However, the company has had its share of issues in the last few years, and the stock has paid the price. With the recent announcement of fourth-quarter earnings, is now the time to buy shares of Boeing? Here is what investors need to know, and how Q.ai can help investors navigate the markets amid earnings reports. Boeing in the news Boeing posted a $650 million operating loss in Q4 … [Read more...] about Boeing Stock Nosedives Then Recovers After Missing Earnings, EPS – And Their Long Road Of Struggles Isn’t Over Yet
That reusable Trader Joe’s bag? It’s rescuing an Indian industry
Much of the hope for a revival of India’s jute industry rests on bans on single-use plastics that dozens of countries, including India, have enacted in recent years (Representative Image) Sameer Yasir NADIA, India — When shoppers in places like America take a woven reusable bag to the store, they aren’t just saving the planet. They are reviving a storied industry thousands of miles away in India. Jute, a coarse fibre used to make fabrics like burlap, has been cultivated for centuries in the warm and humid climate of the Ganges Delta. Some of India’s jute factories have been in operation for more than a century, and today the country is the world’s largest producer. But in recent decades, the industry has struggled as less expensive synthetic substitutes have flooded the market. Farmers turned to other crops, cheap labour moved elsewhere and mills deteriorated from lack of investment. Now, though, what had been jute’s weakness is its potential strength. As much of the … [Read more...] about That reusable Trader Joe’s bag? It’s rescuing an Indian industry
India’s energy future looks green, on track to reach 405 GW capacity by 2030
India’s renewables sector is booming, with the country projected to add 35 to 40 gigawatts of renewable energy annually until 2030, enough to power up to 30 million more homes each year, a report said Thursday. The Institute for Energy Economics and Financial Analysis and Climate Energy Finance estimated that India, the third largest energy-consuming country in the world, will reach 405 gigawatts of renewable energy capacity by 2030. It’s expected to surpass the government’s target of producing 50 percent of its electricity from non-fossil fuel sources by the end of the decade. The Indian government’s own projections estimate the country will produce even more renewable energy — 500 gigawatts — in the same time frame. Currently, fossil fuels account for 59 percent of India’s installed energy capacity, but are expected to make up just 31.6 percent of the energy mix by 2030. “While there were disruptions to India’s clean energy journey because of the war in Europe among other … [Read more...] about India’s energy future looks green, on track to reach 405 GW capacity by 2030
FM Nirmala Sitharaman interview | New tax regime the future, old tax regime to stay
FM Nirmala Sitharaman breaks Budget 2023 down in an exclusive interview with Network18. While giving a boost to the new income-tax regime, the government has set no time frame to phase out the older tax regime that offers popular exemptions and deductions under various sections, said Finance Minister Nirmala Sitharaman, in an exclusive interview with Network18 Group Editor Rahul Joshi . Sitharaman stressed that the new tax regime offers reasonable tax rates and simpler compliance. The new tax regime, which offers lower tax rates but minimal exemptions, was introduced in Budget 202 0. “The Prime Minister was clear that the tax-payer should know how much they are paying actually and feel the comfort of not paying much and file tax returns from the comfort of their home,” she said. She expects around 50 percent of tax-payers in "certain layers" to switch to the new tax regime voluntarily. With the new income-tax regime having completed three years, and the FM making big … [Read more...] about FM Nirmala Sitharaman interview | New tax regime the future, old tax regime to stay
A quick guide to the Economic Survey 2022-23
The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman on Tuesday. The document, prepared by a team of economists led by chief economic adviser V Anantha Nageswaran, analyses developments in the economy in the past year and makes projections for the following year. Here are some of the key takeaways. Growth - The Indian economy is expected to expand 7 percent in real terms in 2022-23, following the 8.7 percent growth in 2021-22. The survey notes that the economy had staged a full and broad-based recovery in 2021-22 and was positioned to ascend to the pre-pandemic growth path. Inflation - India’s retail inflation rate peaked at 7.8 percent in April 2022, above the Reserve Bank of India’s (RBI) upper tolerance limit of 6 percent. The overshoot of inflation above the upper end of the target range in India was, however, one of the lowest in the world. Read More Fiscal developments - The government’s finances showed a … [Read more...] about A quick guide to the Economic Survey 2022-23
Meta Rumored To Make Further Layoffs, Prompting Surprising Market Reaction
Share to Twitter Share to Linkedin Key takeaways Meta announced $32bn in revenue for Q4, beating analysts’ expectations The earnings report this week was laser-focused on solving problems, marking a shift away from CEO Mark Zuckerberg talking about the Metaverse Heavy hints towards further streamlining Meta’s workforce, amongst other cost-cutting plans, caused its share price to jump 20% in a day Meta has reported $32bn revenue recorded for Q4, beating all estimations and putting other Big Tech companies on notice. CEO Mark Zuckerberg’s talk of further efficiencies and cost-cutting measures, with a hint of future layoffs, was a notable departure from his previous double-down on the Metaverse, a fairly theoretical and money sink for the company yet to pay off. Wall Street responded in turn with a massive 20% jump in Meta’s share price, one of the biggest gains in Meta’s history. This is in sharp contrast to other tech companies with more … [Read more...] about Meta Rumored To Make Further Layoffs, Prompting Surprising Market Reaction
Financial Uncertainty At Viktoria Berlin Renews Investor Debate In German Football
Share to Twitter Share to Linkedin It was one of the biggest news stories in German football last summer. Regionalliga Nordost (fourth division) side Viktoria Berlin had signed an agreement with the Hongkong-based firm Advantage Sports Union (ASU). Led by CEO Alex Zheng ASU, which also the major investor at OGC Nice (Ligue 1) and United Soccer League club Phoenix Rising, planned to invest several million euros over the next ten years. German champions in 1908 and 1911 Viktoria are one of the biggest football clubs in Berlin with 70 teams in various youth competitions, and ASU's goal was to establish the club among Germany's top 36. Less than six months later the dream of establishing a third Berlin club in the Bundesliga or Bundesliga 2, however, seems over. To facilitate the investments, Viktoria Berlin restructured the club creating a new corporation that would be running the first team of the club with the membership-based club remaining one of the two main … [Read more...] about Financial Uncertainty At Viktoria Berlin Renews Investor Debate In German Football