May 29, 2025

Finance

Finance

George Santos treasurer sentenced to probation for conspiracy

CENTRAL ISLIP, N.Y. (AP) — George Santos′ former campaign treasurer was sentenced Wednesday to three years’ probation for her role in fabricating campaign finance reports for the disgraced ex-congressman from New York. Nancy Marks, addressing a federal judge on Long Island, said she’d learned from her mistakes, walked away from politics and started her life

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Finance

Finance is ready for a blockchain reset

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the co-founder of Ethereum and chief executive and founder of Consensys, a blockchain software company The modern financial system is undergoing a foundational stress test. Decades of globalisation combined with increasingly fragile

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Finance

EU Commission attempts finance boost to keep start-ups in Europe

By Cynthia Kroet & Peggy Corlin Published on 28/05/2025 – 15:21 GMT+2 ADVERTISEMENT The European Commission launched a strategy designed to foster and grow small tech start-up companies on Wednesday as part of a broader Choose Europe initiative aimed at competing with China and the US. The document sets out key actions to help companies set up and

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Finance

Budget 2025-26 to further burden people, says Senate finance standing body chairman – Business

The chairman of the Senate standing committee on finance and revenue, former finance minister Senator Saleem Mandviwalla, said on Tuesday that the upcoming budget will further burden the people due to an increase in the petroleum levy. He was also critical of the Federal Board of Revenue’s (FBR) performance, especially in terms of the Tajir

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Finance

Finance Ministry views FY25 net FDI of $0.4 billion as subdued but not worrisome

The Finance Ministry views the net foreign direct investment (FDI) for FY25 as “rather subdued,” but not a sign of worry, with figures settling at just $0.4 billion. The ministry explains that a rise in repatriations by foreign investors, coupled with a simultaneous increase in overseas direct investments by Indian firms—up nearly $12.5 billion in

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Finance

L&T Finance shares in focus as firm raises funds via debentures

Shares of L&T Finance are in news today after the non-banking financial major raised Rs 1,500 crore via the issuance of senior, secured, rated, listed, redeemable NCDs. L&T Finance shares ended 1.20% lower at Rs 172.25 on Tuesday against the previous clsoe of Rs 174.35 on BSE. Market cap of the firm stood at Rs

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Finance

Margins compressed, growth intact: What’s next for Shriram Finance? | Smart Stocks News

When the IL&FS crisis hit in late 2018, India’s NBFC sector was thrown into disarray. Liquidity dried up, credit growth stalled, and confidence in shadow banks took a big hit. Shriram Transport Finance, then focused mostly on used commercial vehicle (CV) loans, was no exception. The stock dropped sharply, not just because of refinancing worries

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Finance

Finance expert: Artificial intelligence is now | News

Triple J Enterprises chief financial officer Chris Duenas on Tuesday addressed his fellow Rotary Club of Tumon Bay members to share with them that artificial intelligence, or AI, has value in every industry on Guam. He said the industry is moving so fast, and even those who make a living learning AI can’t keep up,

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Finance

Leadership shuffle at Iowa state boards overseeing government transparency, campaign finance laws

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. DES MOINES — One resignation has created a domino effect that will result in new leadership at a pair of Iowa government agencies that oversee state laws on government transparency and campaign finance. Zach Goodrich is executive director and legal counsel

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Finance

Dow, S&P 500, Nasdaq soar as Trump pauses EU tariff hikes for fast-tracked talks

Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump’s proposed tax legislation. The 30-year Treasury yield (^TYX) surged as high as 5.15% last week, hovering near its highest level since 2007. Yields pulled back

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