Business News
Infosys co-founder Nandan Nilekani turned a basic government directive into Aadhaar, the world’s largest biometric ID system, now used by over 1.3 billion people. In a recent chat with LinkedIn CEO Ryan Roslansky, Nilekani shared his experiences and key insights behind creating this transformative project. “All I had was one page saying, ‘Give every Indian … Read more
Investment management company Vanguard offers more than 60 equity-focused exchange-traded funds (ETFs) that focus on various investment styles and themes — all while charging expense ratios as low as 0.03% to as high as 0.22%. While plenty of dividend-focused Vanguard funds are great for generating passive income, not all of them have produced impressive gains … Read more
Andy Feng NIO (NYSE:NIO) has delivered 20,575 vehicles in November 2024, representing an increase of 28.9% year-over-year and 1.9% down sequentially. The deliveries consisted of 15,493 vehicles from the Company’s premium smart electric vehicle brand NIO, and 5,082 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO. Cumulative deliveries reached 640,426 as of November … Read more
By Nidal al-Mughrabi CAIRO (Reuters) – Israeli military strikes killed at least 15 Palestinians in Gaza on Sunday, medics said, as Israeli forces kept up bombardments across the enclave and blew up houses on its northern edge. In the central Gaza camp of Nuseirat, an Israeli airstrike killed six people in a house, and another … Read more
Walking briskly over the Pont Neuf towards the Louvre, as night fell over Paris, I began to see other people hurrying in the same direction, some holding long white candles. “Quick!” said a young woman to her children, “We’re going to miss her!” Word had spread a few days earlier that the 14th-century Virgin and … Read more
Work-from-home regulations for banks are changing, and some of the industry’s biggest players would rather bring employees in five days a week than make the effort to comply—including making regular inspections of workers’ homes. During the pandemic, brokerage industry watchdog the Financial Industry Regulatory Authority (FINRA), suspended rules on workplace inspections to make it easier … Read more
The S&P 500 (SNPINDEX: ^GSPC) is having a very strong year, with a 27.3% gain so far. That’s more than twice its average annual return going all the way back to 1957. However, the Vanguard Growth ETF (NYSEMKT: VUG) is performing even better, with a 30.9% year-to-date gain. That’s because technology stocks are leading the … Read more
Here are the major earnings before the market today
Ivesting.com — Hedge fund assets reached a record high in October, reaching $4.5 trillion, driven by robust performance across several strategies, according to analysts at Wells Fargo (NYSE:). This milestone was boosted by a 7.4% year-to-date return recorded in the HFRI Fund Weighted Composite Index, with Equity Hedge strategies emerging as the top performers. Equity … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Syrian rebel fighters said they were pressing southward after taking over most of the country’s second city Aleppo, including its international airport, in a lightning assault that poses the biggest challenge in years to Bashar … Read more