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    Grit Daily Finance

  • Silicon Valley IPOs: Navigating Valuation Challenges
    The tech sector in Silicon Valley is currently facing valuation challenges, as recent technological Silicon Valley IPOs have been met with a lukewarm reception from Wall Street. Companies such as Arm, Instacart, and Klaviyo have found it difficult to maintain investor interest, with their shares hovering around the IPO price. This... Read more »
    Source: Grit Daily Finance | Published: September 23, 2023 - 8:08 pm
  • Stocks are Tanking Today! What’s Happening?
    The stock market landscape is an ever-changing terrain where investors constantly keep a critical eye on the actions of the Federal Reserve and their implications on interest rates. One specific instance that stirred the stock market was when the Federal Reserve did not directly raise interest rates but took an... Read more »
    Source: Grit Daily Finance | Published: September 22, 2023 - 1:11 pm
  • 7 Business Funding Ideas When Capital Gets Tight
    Raising capital is a daunting challenge faced by startup founders. While venture capital (VC) funding seems like an ideal source of startup capital, the reality is that less than 1% of startups receive VC backing. The competition is fierce and founders need a strong network and track record to get... Read more »
    Source: Grit Daily Finance | Published: September 22, 2023 - 1:05 pm
  • Explosive Trump Net Worth Scandal Unfolds
    Court documents recently submitted by the New York attorney general’s office indicate that former President Donald Trump may have overstated his net worth by at least $3.6 billion, a much higher figure than previously believed. New York Attorney General Updates Accusations in Court Documents This information is part of the... Read more »
    Source: Grit Daily Finance | Published: September 21, 2023 - 11:08 am
  • 12 Common Mistakes to Avoid When Budgeting for Small Businesses
    To help small business owners avoid common budgeting pitfalls, we asked CEOs and founders to share their experiences and insights. From accounting for irregular expenses to balancing spending in early stages, here are the top twelve budgeting mistakes and how to overcome them, as shared by these seasoned professionals. Account... Read more »
    Source: Grit Daily Finance | Published: September 21, 2023 - 7:19 am
  • China Just Started Stockpiling Oil — World War 3?
    China’s recent accumulation of oil reserves has captured global attention and sparked speculation about its intentions. Is China capitalizing on low oil prices, or is it preparing for a potential invasion of Taiwan? In this article, we delve into both possibilities and their implications while providing guidance for investors navigating... Read more »
    Source: Grit Daily Finance | Published: September 19, 2023 - 11:20 am
  • Revolutionizing Employee Retention with Financial Wellness
    The current economic climate has made it increasingly challenging for businesses to retain top talent, with more than half of workers open to changing jobs for better financial wellness. Companies need to continually reassess their benefits packages to ensure they remain competitive and minimize employee turnover. Addressing employees’ financial well-being... Read more »
    Source: Grit Daily Finance | Published: September 16, 2023 - 11:33 pm
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    Business – ARY NEWS

  • OGRA jacks up CNG prices in Punjab, Sindh
    LAHORE: The Oil and Gas Regulatory Authority (OGRA) has jacked up prices of Compressed Natural Gas (CNG) in Punjab and Sindh, ARY News reported, citing well-informed sources. The prices have been increased as the value of rupee has devalued against the US dollar. After the recent hike, the rate of... Read more »
    Source: Business – ARY NEWS | Published: August 3, 2021 - 7:26 am
  • Govt committed to build strategic reserves of essential commodities: Tarin
    ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has presided over the meeting of the National Price Monitoring Committee (NPMC) held at the Finance Division, ARY News reported on Monday. Secretary Finance briefed the meeting about the slight uptick in weekly SPI, which increased by 0.03 per cent during... Read more »
    Source: Business – ARY NEWS | Published: August 2, 2021 - 7:25 pm
  • VideoPromotion of construction sector to boost economic activities: PM
    ISLAMABAD: Prime Minister Imran Khan said on Monday the PTI government was bringing a revolution in the construction sector. Addressing the closing ceremony of three-day Interior, Construction, Electrical and Electronics Expo in Islamabad, the premier said the promotion of the construction sector would boost economic activities and wealth creation in... Read more »
    Source: Business – ARY NEWS | Published: August 2, 2021 - 2:25 pm
  • Smart buildings: Cohesion CEO on the office of the future
    NEW YORK: Before COVID-19, Thru Shivakumar, co-founder and CEO of Cohesion, was already working on apps to convert office buildings into smart spaces, powered by technology that enables interaction with tenants through phones and computers. Since the pandemic began, however, she is learning that the smart buildings of the future... Read more »
    Source: Business – ARY NEWS | Published: August 2, 2021 - 1:56 pm
  • Exports grow 17.3% to $2.35bn in July
    ISLAMABAD: Pakistan’s exports grew by 17.3 per cent to $2.35 billion in the first month of the fiscal year 2021-22 i.e. July as compared to last year’s same period. This was stated by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood. He tweeted: “During the first... Read more »
    Source: Business – ARY NEWS | Published: August 2, 2021 - 1:17 pm
  • US dollar crosses Rs163 mark in interbank
    KARACHI: The rise of the United States (US) dollar in the interbank against the Pakistani rupee continued on Monday as it crossed the Rs163 mark, ARY NEWS reported. According to details, the US dollar was traded at Rs163.05 in the interbank after witnessing an increase of Rs0.62 on the first... Read more »
    Source: Business – ARY NEWS | Published: August 2, 2021 - 8:48 am
  • Pfizer and Moderna raise prices for COVID-19 vaccines in EU
    Pfizer Inc and Moderna Inc have raised the prices of their COVID-19 vaccines in their latest European Union supply contracts, the Financial Times reported on Sunday. The new price for the Pfizer shot was 19.50 euros ($23.15)against 15.50 euros previously, the newspaper said, citing portions of the contracts seen. The... Read more »
    Source: Business – ARY NEWS | Published: August 2, 2021 - 5:11 am
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    IOL - Business Report

  • Standard Bank threatens freedom of expression and media
    EARLIER this week, Daily Maverick reporter, Lerato Mutsila, who was covering the Extinction Rebellion protest, was assaulted by Standard Bank’s security, who also unlawfully removed photos and videos from her mobile phone. This is just another in a growing list of such incidents that have the potential to diminish media... Read more »
    Source: IOL - Business Report | Published: September 23, 2023 - 12:45 pm
  • Chinese delegation to visit SA for investment opportunities
    A delegation of about 140 officials and entrepreneurs from Zhejiang Province, China, led by the leader of CCPIT Zhejiang and Jinhua Municipal Government, is set to arrive in South Africa to look for investment and co-operation opportunities with the South African business community.The delegation is set to visit South Africa... Read more »
    Source: IOL - Business Report | Published: September 23, 2023 - 9:39 am
  • This is how much you will pay in rands for the new iPhone 15 in South Africa
    Following the launch of Apple’s latest iPhone earlier this month, pre-orders have opened up in South Africa on Friday for the company’s popular product. The latest edition of the smartphone, the iPhone 15 range, comes in four editions: the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and the flagship,... Read more »
    Source: IOL - Business Report | Published: September 22, 2023 - 1:09 pm
  • Durban can wave tourism goodbye if it doesn’t get its act together fast
    Durban city centre is no longer what it used to be. The tourist city – with a vibrant nightlife, a mosaic of cultures, and the nicest beaches along the Indian Ocean – has vanished right in front of our eyes. As a Joburg-based Durbanite, I feel pity for the next... Read more »
    Source: IOL - Business Report | Published: September 22, 2023 - 10:24 am
  • While interest rate remains unchanged, consumers still find it tough with elevated costs
    While the South African Reserve Bank (SARB) decided to keep the repurchase rate (repo rate) unchanged this past week, the country’s cost of living crisis continues. SARB Governor Lesetja Kganyago announced the Monetary Policy Committee’s (MPC) decision on interest rates this past Thursday, keeping the repo rate at 8.25%, while... Read more »
    Source: IOL - Business Report | Published: September 22, 2023 - 10:23 am
  • As Ferrari thefts increase, owners of supercars park them in a high-security facility in London
    By Chris BryantSomewhere in west London there's a bunker containing around 250 of the world's most desirable cars. Boasting Fort Knox-like security and a police response team stationed close by, the secret Windrush Car Storage facility has been compared to the "Bat Cave."Following a spate of Ferrari thefts this year,... Read more »
    Source: IOL - Business Report | Published: September 22, 2023 - 10:08 am
  • Shoprite is innovating rapidly as it redefines shopping in SA
    The ‘retail store of the future’ is no longer a distant concept, according to David Cohn, the chief information officer (CIO) at Shoprite. With the integration of technologies including artificial intelligence (AI), radio-frequency identification (RFID), digital advancements and data science, it was already a reality.“To be at the forefront of... Read more »
    Source: IOL - Business Report | Published: September 22, 2023 - 9:58 am
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    Unusual Investments

  • How Much Money Does YouTube Pay?
    Many people see YouTube as a way to generate supplemental income; the perfect side hustle that pays you while you sleep. The reality is that you need to put in […] The post How Much Money Does YouTube Pay? appeared first on Unusual Investments.... Read more »
    Source: Unusual Investments | Published: January 16, 2023 - 4:49 pm
  • How Much Money do Drive-Through Coffee Franchises Make?
    America’s appetite for coffee is huge. And while it seems like Starbucks is everywhere, there are still an enormous number of competitors out there. The fact that Starbucks sometimes builds […] The post How Much Money do Drive-Through Coffee Franchises Make? appeared first on Unusual Investments.... Read more »
    Source: Unusual Investments | Published: November 1, 2022 - 9:38 pm
  • An Unbiased Review of Nomad’s Guaranteed Rent Offer
      If you own a residential rental property, you have surely contemplated what will happen if your tenant does not pay rent. You will have to remind the tenant that […] The post An Unbiased Review of Nomad’s Guaranteed Rent Offer appeared first on Unusual Investments.... Read more »
    Source: Unusual Investments | Published: September 19, 2022 - 10:30 pm
  • If You Received PPP, You Should Check to See if You are Eligible for ERC
      Even though the PPP program ended in 2021, there is still a way for business owners to receive money if there business was negatively affected by the pandemic. It’s […] The post If You Received PPP, You Should Check to See if You are Eligible for ERC appeared first... Read more »
    Source: Unusual Investments | Published: August 25, 2022 - 5:18 pm
  • VideoHow Much Money do Trash Bin Cleaning Companies Make?
      Most people don’t even know that trash bin cleaning companies exist.  However, this won’t be the case for long as these companies are growing quickly and becoming much more […] The post How Much Money do Trash Bin Cleaning Companies Make? appeared first on Unusual Investments.... Read more »
    Source: Unusual Investments | Published: July 26, 2022 - 6:13 pm
  • Should I Invest in an Allstate Insurance Agency? [2023]
      We’ve previously covered the small business opportunity to purchase or start an Allstate insurance agency.  Unlike other national brands such as McDonald’s, UPS Store, Ace Hardware, 7-Eleven, etc., you […] The post Should I Invest in an Allstate Insurance Agency? [2023] appeared first on Unusual Investments.... Read more »
    Source: Unusual Investments | Published: May 2, 2022 - 3:50 am
  • Insiders Guide to Earning a Golf Scholarship
      Many parents put off saving money for their child’s college education, and instead “invest” their money in their child’s development as an athlete in an Olympic sport like golf, […] The post Insiders Guide to Earning a Golf Scholarship appeared first on Unusual Investments.... Read more »
    Source: Unusual Investments | Published: April 26, 2022 - 4:57 pm
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    CityAM

  • ● Asos: All eyes on pandemic poster child’s turnaround results
    Investors will turn their focus to online retailer Asos’s trading update on Tuesday to see if the digital fashion store has shown signs of a rebound, following its ongoing turnaround plan and bid to pick up the pieces after a post-pandemic lull.  Asos was once the poster child of pandemic... Read more »
    Source: CityAM | Published: September 24, 2023 - 8:00 am
  • Wall Street suffers more pain at end of worst week in six months
    Wall Street wheezed to more losses on Friday as it limped to the end of its worst week in six months. The S&P 500 slipped 9.94 points, or 0.2%, to 4,320.06 after a late-day swoon erased a modest gain it had held for most of the day. It capped an... Read more »
    Source: CityAM | Published: September 23, 2023 - 4:34 pm
  • Miliband hits out at Sunak over net zero policy shift
    Rishi Sunak “does not give a damn” about climate change, Ed Miliband claimed following the Prime Minister’s decision to postpone a series of green policies. The shadow net zero secretary said Mr Sunak saw the drive to cut emissions as an obligation forced on him rather than an economic opportunity.... Read more »
    Source: CityAM | Published: September 23, 2023 - 1:22 pm
  • Arrested woman re-bailed until next year after Wimbledon school crash
    A woman arrested after a Land Rover crashed into a prep school in south-west London, killing two eight-year-old girls, has been re-bailed until January. Nuria Sajjad and Selena Lau died after a car crashed through a fence and collided with a building at The Study Prep school in Camp Road,... Read more »
    Source: CityAM | Published: September 23, 2023 - 1:14 pm
  • There is a risk humans could lose control of AI machines, says deputy PM
    The UK’s summit on artificial intelligence will look at protecting “humanity’s future” by countering the risk of “losing control of the machines”, the Deputy Prime Minister has told world leaders. In a speech setting out the opportunities and dangers of AI, Oliver Dowden told the United Nations’ General Assembly that... Read more »
    Source: CityAM | Published: September 23, 2023 - 1:08 pm
  • Sunak reportedly considering ‘outlawing cigarettes for the next generation’
    Downing Street has not denied reports that the Prime Minister could accept a recommendation that would effectively ban cigarettes for the next generation. Rishi Sunak is considering introducing some of the world’s toughest anti-smoking measures by steadily increasing the legal age for consuming tobacco, according to The Guardian, which cited... Read more »
    Source: CityAM | Published: September 23, 2023 - 12:49 pm
  • Ukraine targets key Crimean city a day after striking Russian navy headquarters
    Ukraine has launched another missile attack on Sevastopol in occupied Crimea, a Russian-installed official has said. It comes a day after an attack on the headquarters of Russia’s Black Sea Fleet left a serviceman missing and the main building smouldering. Sevastopol was put on air raid alert for around an... Read more »
    Source: CityAM | Published: September 23, 2023 - 12:27 pm
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    Reuters News Agency

  • Xi to skip G20 summit in India, China to send Li instead 
    China’s foreign ministry has confirmed Reuters exclusive report that Premier Li Qiang will lead the country’s delegation at this week’s […] The post Xi to skip G20 summit in India, China to send Li instead  appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: September 4, 2023 - 11:21 am
  • US raises concerns by Micron, Intel with China as export control meeting set to launch
    Reuters was first to report U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on chipmakers Intel and Micron with […] The post US raises concerns by Micron, Intel with China as export control meeting set to launch appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: August 28, 2023 - 11:03 am
  • China plans to cut stamp duty on stocks by up to 50% to revive confidence
    China’s blue-chip CSI 300 Index jumped roughly 3% on Monday after the country confirmed a Reuters scoop on slashing stamp […] The post China plans to cut stamp duty on stocks by up to 50% to revive confidence appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: August 25, 2023 - 7:27 pm
  • Twinkies maker Hostess Brands explores sale amid takeover interest 
    Reuters was first to report that Hostess Brands, the maker of Twinkies snack cakes, is exploring a sale after fielding […] The post Twinkies maker Hostess Brands explores sale amid takeover interest  appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: August 25, 2023 - 7:11 pm
  • Catalent’s Indiana plant to make Novo’s Wegovy weight-loss drug 
    Reuters exclusively reported that Novo Nordisk has hired Thermo Fisher as its second contract manufacturer for its hugely popular weight-loss […] The post Catalent’s Indiana plant to make Novo’s Wegovy weight-loss drug  appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: August 25, 2023 - 6:39 pm
  • With Tesla push, India mulls import tax cut if EV makers build locally 
    Reuters was first to report India is working on a new electric vehicle policy that would slash import taxes for […] The post With Tesla push, India mulls import tax cut if EV makers build locally  appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: August 25, 2023 - 2:26 pm
  • China steps up yuan defence with bond limit guidance 
    Reuters exclusively reported that China’s central bank has asked domestic banks to limit outflows into foreign bonds, the latest in […] The post China steps up yuan defence with bond limit guidance  appeared first on Reuters News Agency.... Read more »
    Source: Reuters News Agency | Published: August 25, 2023 - 2:00 pm