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Vietnam manufacturing activity ends 2023 in contraction mode: S&P Global - Vimarsana News

Vietnam manufacturing activity ends 2023 in contraction mode: S&P Global

The Vietnamese manufacturing sector ended 2023 in contraction mode due to weak demand, according to latest S&P Global PMI data.

ED arrests Viraj Patil in TP Global illegal forex case - Vimarsana News

ED arrests Viraj Patil in TP Global illegal forex case

Viraj Patil was arrested from Mumbai on arrival on December 25 from Mumbai before which he was staying in Dubai.

US businesses shed jobs in November as activity steadied: S&P Global survey - Vimarsana News

US businesses shed jobs in November as activity steadied: S&P Global survey

Business activity held steady in November, but employment in the private sector declined for the first time in almost three-and-a-half years.

Source: yahoo.com
B. Riley shares plummet after taking losses on Franchise Group deal - Vimarsana News

B. Riley shares plummet after taking losses on Franchise Group deal

NEW YORK (Reuters) -Shares of financial services firm B. Riley plummeted nearly 35% on Monday, extending losses for the fourth consecutive session, after it disclosed unrealized investment losses and S&P Global Ratings downgraded a key asset. The boutique Los Angeles-based investment bank said last week that it was forced to mark down the value of its investment in the $2.6 billion take-private deal involving Vitamin Shoppe owner Franchise Group Inc after the company reported a decline in revenue and a net loss in the third quarter. S&P Global Ratings downgraded Franchise Group...

Source: yahoo.com
S&P predicts more spending schemes ahead of polls, but no likely threat to govt finances - Vimarsana News

S&P predicts more spending schemes ahead of polls, but no likely threat to govt finances

On November 4, Prime Minister Narendra Modi announced that free foodgrain will continue to be provided to more than 80 crore poor Indians until December 2028