It began last year, when Milanese banking giant UniCredit angered Prime Minister Giorgia Meloni’s government by attempting to take over crosstown rival BPM, which Meloni had hoped to merge with the partially bailed-out Tuscan lender Monte dei Paschi di Siena. In response, Rome deployed screening tools known as the ‘golden power’ — whose purpose is
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years later: membership in a campus finance club. Lengthy interview rounds and days of working on PowerPoint slides have become de rigueur as a gloomier job market in the banking and trading hub raises the stakes
IndiGo on Wednesday announced it has invested in Hyderabad-based startup Jeh Aerospace as its first bet through IndiGo Ventures, a fund aimed at backing early-stage startups in aviation and related industries. The Indian carrier got regulatory approval last October to launch the fund and has raised INR 4.5 billion ($52.5 million) so far out of
Investment Planning: Let’s assume you have 3 investments to make—a Rs 10,000 monthly SIP; an additional Rs 5 lakh one-time investment to SIP; and stepping up the Rs 10,000 SIP by 5 per cent yearly along with the Rs 5 lakh upfront investment, all 3 for 30 years. The first option is the easiest and
Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view
AI-based Retrofit Investment Planning will Transform Commercial Real Estate investment getty In the heart of every city, commercial buildings stand as pillars of prosperity and progress, while also bearing witness to the urgent climate imperative. Today, we are witnessing a powerful transformation, the convergence of artificial intelligence with the capital-intensive world of commercial real estate.
“Wairoa locals are under intense pressure — crippled by high living costs, low incomes, overcrowded housing, and the long tail of climate disasters. The fact that nearly one in five people here are in arrears is a symptom of systemic failure, not personal irresponsibility. “Our own research shows we need at least 420 homes to
Most local government officials in the US still welcome Chinese-invested projects despite a rise in trade tensions this year, a Chinese chamber of commerce leader said this week as potential investors weigh up economic benefits and geopolitical risks. City leaders want Chinese investment to help stimulate their local economies, especially in manufacturing projects that are
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways The U.S. Coast Guard has received nearly $25 billion in funding from the One Big Beautiful Bill Act, marking the largest investment in the
In a strategic move aligned with its ambition to become a $1 billion global player by 2030, Godrej Industries’ chemical business has announced a significant capacity expansion across its manufacturing portfolio. The company has announced a total capital outlay exceeding Rs 750 crore over the next few years to fund these expansions and has already