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IBM shares tumbled Tuesday as CEO Arvind Krishna acknowledged in an unusual letter to investors that the company had failed to adapt quickly enough, a blunt admission that followed a surprise earnings miss and sent the stock toward its worst drop in decades. Fortune talked to several analysts about the resulting 25% stock crash, the…
The inspiration for Klook, one of Asia’s largest travel platforms, came after Ethan Lin took a trip to Nepal with his friend Eric Gnock Fah. The two were both analysts in Hong Kong’s investment scene: Fah covered consumer retail, while Lin covered hospitality and real estate. Both were also third-culture kids. Fah grew up in…
India’s primary bourse preps a landmark IPO alongside Jio, testing markets amid a global slowdown. India’s National Stock Exchange (NSE) has filed for an initial public offering with the Securities and Exchange Board of India, in what is expected to be one of the most consequential listings in the country. The official filing document revealed…
Form 1040-ES is an important IRS document designed for individuals who need to make quarterly estimated tax payments, especially those who are self-employed or earn income from investments. If you expect to owe at least $1,000 in taxes after deductions, this form is vital to avoid penalties. Comprehending how to calculate and submit your estimated…
Just the Tip: One surprise car repair or medical bill can undo months of progress if you have nothing set aside. Before investing or attacking debt, save a starter emergency fund of one month of expenses. Grow it to three to six months as the rest of your financial order falls into place. Subscribe for…
To navigate the B2B selling process effectively, start by identifying your target audience and understanding their specific needs. This insight helps you craft a tailored value proposition that speaks directly to their challenges. Next, build a structured prospect list and execute multi-touch outreach strategies to engage potential clients. Once you’ve made contact, focus on following…
More than two crore income tax returns have been filed so far for AY 2026-27 as the ITR deadline draws closer. To avoid errors while reporting income, taxpayers must keep all their necessary documents ready before starting the filing process, including the interest certificate issued by their banks or post office. The interest certificate provides…
The U.S. Mint is now producing a $1 coin featuring President Donald Trump’s face, tied to celebrations of America’s 250th birthday this year, the Treasury Department said Wednesday. The coin’s final design was approved earlier this year by the U.S. Commission of Fine Arts—a body whose members were appointed by Trump—though the version unveiled Wednesday…
It protects liquidity, manages risk and ensures that businesses can continue to operate through periods of uncertainty. Yet the past 12 months have underscored how quickly the risk landscape can change. Treasurers have had to navigate shifting tariff regimes, conflicts in the Middle East that have disrupted key shipping routes, continued supply chain reconfiguration away…
Investors step in to close Africa’s critical $80B infrastructure financing gap. Gulf investors are rapidly reshaping Africa’s investment landscape, committing billions of dollars to ports, transport corridors, logistics, renewable energy, and critical minerals as governments across the continent seek new sources of long-term development finance. The shift gathered momentum in June, when sovereign wealth funds…