[ad_1] Business, India, Factory – Young Businessman with his factory floor supervisor inspecting the newly installed heavy machinery at a textile factory.Gcshutter | E+ | Getty ImagesThis report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.The big storyIndia has long harbored ambitions to become a manufacturing powerhouse. A flagship scheme launched five years ago to help the country realize that aim, however, has fallen short of achieving key goals.In 2020, the Indian…
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[ad_1] The Lemonis Center for Student Success and the Klingler College of Arts and Sciences are collaborating to co-host a free, two-session personal finance workshop with guest speaker Bruce Miller. The two-part workshop will be held in-person on Thursday, April 3, and Thursday, April 10, from noon to 1:30 p.m. in the Lemonis Center multipurpose room. Participants will need a laptop or phone to engage with Miller, who will be participating virtually. Lunch will be provided starting at 11:30 a.m. Register online. This event is open to all students, faculty and staff. Attendees will be entered into a drawing for free Marquette…
[ad_1] Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.On an Thursday earnings call, CEO Calvin McDonald said the athletic wear company conducted a survey earlier this month that found that consumers are spending less due to economic and inflation concerns, resulting in lower traffic at Lululemon and industry peers. However, he said, guests responded well to innovation at the company.”There continues to be considerable uncertainty driven by macro and geopolitical circumstances. That being…
[ad_1] (Bloomberg) — Long-maturity Treasury yields reached the highest levels in a month Thursday as investors demand compensation for the risk that tariffs will spur US inflation. Most Read from Bloomberg Though the increases were pared in New York trading after US economic data provided no fresh catalyst for higher yields, the Trump administration’s late-Wednesday announcement of a 25% tariff on foreign-made cars next month saw the 30-year Treasury yield reach 4.75%, the highest level since Feb. 20. The 30-year exceeded the five-year Treasury yield by more than 63 basis points, the widest gap since early 2022. The spread continued…
[ad_1] Rare earth metal production was on the rise again in 2024, jumping to 390,000 metric tons worldwide — that’s up threefold from 132,000 metric tons in 2017. Rare earths are critical in electric vehicles, renewable energy, military applications and high-tech industries. Demand for rare earth metals such as neodymium, dysprosium, praseodymium and yttrium is increasing alongside technological advancements, particularly as artificial intelligence technology gains further importance.Ongoing tensions between the US and China, along with other geopolitical factors, are impacting the outlook for rare earths investing. Since China is the world’s largest producer of rare earths by far, the fraught…
[ad_1] (Bloomberg) — BlackRock Inc.’s (BLK) head of Asia Pacific private credit Celia Yan is leaving the firm for Apollo Global Management (APO), according to people familiar with the matter. Most Read from Bloomberg Hong Kong-based Yan will join Apollo as partner at the end of June, where she will lead the firm’s hybrid efforts in Asia Pacific, said the people, who asked not to be named discussing private matters. Apollo’s hybrid business offers debt and structured equity capital to firms that want to transform their businesses without giving up control. These products have a shorter hold period than private…
[ad_1] A Kentucky nonprofit has chosen a metals industry veteran with over 30 years of experience to lead its board. [ad_2] Source link
[ad_1] US Representative Elise Stefanik, Republican from New York, testifies before the Senate Foreign Relations Committee on her nomination to be Ambassador to the United Nations, on Capitol Hill in Washington, DC, January 21, 2025. Saul Loeb | Afp | Getty ImagesPresident Donald Trump on Thursday withdrew his nomination of Rep. Elise Stefanik as U.S. ambassador to the United Nations.Trump cited the razor-thin majority that Republicans hold in the House of Representatives for his decision to pull Stefanik’s name from consideration by the Senate for the U.N. post.The vote of the New York Republican Stefanik since the beginning of Trump’s term…
[ad_1] After exploration in 2024 LKAB has continued to add to the Mineral Resources of the company whilst improving the quality of the Mineral Reserves, reaching a combined total of 6,1 billion tonnes. Compared to 2023, the Mineral Resources have increased by some 500 million tonnes. The Per Geijer deposit in Kiruna is now 1,2 billion tonnes of total Mineral Resources, including 2,2 million tonnes of in situ REE oxides – an increase of almost 30 percent since last year and a doubling from 2022. “These are very good results which continue to support…
[ad_1] Themes in Alternative Investments. 2023. Shaen Corbet and Charles Larkin, eds. De Gruyter. The alternative investment space continues to grow beyond hedge funds and private equity to embrace various types of financial innovation. This volume affords the topic a rich and varied presentation from several authors, not only of investments but also of themes that occupy this realm of the investment universe. Opacity and illiquidity are part and parcel of this evolution. With new opportunities come challenges in performance measurement, due diligence, and regulation. Technological innovation proceeds apace, effective oversight less so. Analysts, portfolio managers, risk professionals, and regulators…