Stocks close mostly higher after new trade agreement reached

Stocks close mostly higher after new trade agreement reached

Stocks ended Monday’s session mostly higher after the U.S. clinched a successor to the North American Free Trade that maintained a three-way deal with Canada and Mexico. The S&P 500 (^GSPC) ended trading Monday up 0.36%, or 10.61 points, after posting its best quarter since 2013 last week. The Dow  (^DJI) climbed 0.73%, or 192.9 […]

Origo Commodities raises Rs 80 crore to strengthen agriculture finance

Origo Commodities raises Rs 80 crore to strengthen agriculture finance

NEW DELHI: Origo Commodities has raised Rs 80 crore in funding from a string of impact investors including Oikocredit, Caspian SME Impact Fund IV as well as Triodos Investment Management. “We are very excited about the partnership and look forward to leveraging our investors’ experience to further Origo’s growth to strengthen our product and our […]

Nisus Finance to invest Rs 500 cr in stressed realty projects over next 3 yrs

Nisus Finance to invest Rs 500 cr in stressed realty projects over next 3 yrs

Real estate-focused private equity fund Nisus Finance is planning to raise around Rs 700 crore from domestic investors, and invest Rs 500 crore out of that in stressed realty assets over the next three years, a top executive said. The company has also identified projects across Mumbai, Noida, Bengaluru and Pune to begin with. “Nearly […]

FinTech to provide education for finance-tech industry in GA

FinTech to provide education for finance-tech industry in GA

The University System of Georgia will develop a statewide initiative to provide education specific to the financial-technology industry. The statewide initiative called Georgia FinTech Academy will span the 26-institution university system with virtual access to online courses and degrees, the Augusta Chronicle reported. It will come through USG’s eCampus and cloud-based talent development program. “Innovation […]

QVC Owner Hires Former JC Penney Finance Chief

QVC Owner Hires Former JC Penney Finance Chief

QVC parent Qurate Retail rebranded in March this year. Photo: brendan mcdermid/Reuters Sept. 28, 2018 4:39 p.m. ET Qurate Retail Inc., QRTEB -2.87% the company behind home-shopping channels QVC and HSN, named former J.C. Penney Chief Financial Officer Jeffrey Davis as head of its finance team. The West Chester, Pa., retailer said Mr. Davis will […]

LIVE Banking and finance royal commission findings

LIVE Banking and finance royal commission findings

Maybe it was all the footy in the air. The main take-outs from his press conference was that ASIC had been too willing to negotiate and not keen enough to litigate against banks behaving badly, the regulator can probably have more money, but it will have to ask first. Oh, and in news that will […]

Morning Brief: Kavanaugh hearing will likely distract traders

Morning Brief: Kavanaugh hearing will likely distract traders

Thursday, September 27, 2018 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe What to watch today Investors and traders may be a bit distracted today as Supreme Court nominee Brett Kavanaugh is put in the spotlight as Christine Blasey Ford, who has accused him of […]

The Finance 202: Trump's NAFTA redo hits a skid as Sunday deadline approaches

The Finance 202: Trump's NAFTA redo hits a skid as Sunday deadline approaches

THE TICKER The Trump administration’s hopes for scoring a pre-midterm win by reworking the North American Free Trade Agreement are circling the drain.  U.S. trade negotiators are on the verge of blowing through their self-imposed Sept. 30 deadline for reaching a breakthrough with Canada. Major sticking points still divide the countries — including over access to […]

PRESENTING: The Yahoo Finance Cannabis Stock Watchlist

PRESENTING: The Yahoo Finance Cannabis Stock Watchlist

Weed has been a red-hot investment theme in 2018. As some cannabis companies’ share prices have shot up in the past few months, some already caution that we may be experiencing a bitcoin craze again. Here are the cannabis stocks that Yahoo Finance is watching closely. You can track their daily performance by following our […]