Porsche plans another 5,000 job cuts, German media report

If you had invested ₹10,000 every month in a flexi-cap mutual fund for the past decade, your ₹12 lakh total investment could have grown to more than ₹25 lakh in some of the category’s best-performing funds.   An analysis by Value Research found nine flexi-cap funds that delivered more than 15% annualised SIP…

Ukraine Parliament Fails to Pass Parcel Tax Law Required for IMF, EU Funds Ukraine’s Struggle to Secure International Funding Amid Legislative Deadlock By Olena Harmash Parliamentary Vote on Parcel Tax Law KYIV, Sept 1 (Reuters) – Ukraine’s parliament failed on Tuesday to pass a law to introduce taxes for foreign parcels that is required to…

Key Points AI data centers are constrained by electricity, more than hardware availability. Oklo is targeting a 2028 start-up with its Aurora-INL. X-Energy may be slower now, but could be better positioned for a fleet-scale license. 10 stocks we like better than Oklo › It doesn’t matter if artificial intelligence (AI) data centers have all…

Cleveland Federal Reserve Bank President Beth Hammack, one of three dissenters at the Fed’s July meeting, has renewed her call for an immediate interest rate increase, arguing that inflation running above 3% is too high and that current policy is not doing enough to bring it down, according to Reuters. “I think that we need…

Home sales rose 7% in July, the strongest annual gain seen so far this year, according to the Zillow July Market Report. Looks can be deceiving, however. A closer look takes some air out of that headline figure, Zillow noted. Newly pending listings are up just 0.3% year over year, Zillow said, suggesting July may…

Ali sees Heartwood well positioned to help brokers and borrowers manage that shift, with the company’s status as a non-B20 lender giving it the ability to work in the B and B-minus mortgage spaces as well as the mortgage investment corporation (MIC) sector when it comes to underwriting philosophies. “We want to be able to…