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Author: prosperplanetpulse.com
05:33:56 PM IST, 09 Jul 2024Nifty poised for further gains as technical indicators signal bullish momentum. Here’s how to trade on WednesdayNifty on Tuesday ended 113 points higher to form a long bull candle on the daily chart and also hit a fresh record high intraday.The underlying trend of Nifty continues to be positive. Having moved above the key overhead resistance of 24400 levels (1.618% Fibonacci extension), the Nifty could now advance towards another important resistance of 24960 levels (1.786% Fibonacci extension) in the near term. Immediate support is at 24250 levels, said Nagaraj Shetti of HDFC Securities.04:39:26 PM IST,…
CMA CGM Group has announced a strategic partnership with Pasqal to integrate advanced quantum computing technology into its operations. The main objective of the partnership is to leverage the technology to make CMA CGM’s transportation and logistics operations more efficient, responsive and adaptable. The partnership will reportedly focus on optimizing container management, including the loading of vessels. A Quantum Computing Center of Excellence will be established at CMA CGM’s innovation hub, TANGRAM, which will have access to quantum processors developed by Pascal. To deepen the understanding of quantum computing within the group, CMA CGM employees will have access to an…
UPS (NYSE: UPS) and tennis star Coco Gauff have launched a new cartoon-themed ad, “Coco vs The Doubters,” as part of UPS’s Be Unstoppable® brand campaign.The campaign aims to inspire Gen Z entrepreneurs by showcasing three successful Gen Z-owned small businesses and providing resources to budding entrepreneurs. Additionally, UPS will donate $25,000 to Junior Achievement, a nonprofit organization that supports youth entrepreneurship.UPS has been working with various organizations to support small businesses and diverse creatives since 2021. The UPS Store’s Start Small, Grow Big program and the UPS Foundation contribute to scholarships and youth programs…
Scott Mitchell talks energy with Jerry Boonen and discusses Devon’s new $5 billion acquisition Energy Overview Seven organizations across Oklahoma will receive 2024 Community Challenge grants, part of AARP’s largest community investment to date, with $3.8 million awarded to 343 organizations across the country. With a focus on the needs of adults age 50 and older, grant recipients will implement rapid response projects that make their communities more livable by improving public places, transportation, housing, digital connectivity and more. Funded projects in Oklahoma include: Comanche Elders: This project creates community gardens where Comanche elders can grow vegetables and flowers. Gardeners…
Another major presidential candidate is expected to take shape soon as Democrats reconsider their presidential nominee lineup amid growing doubts about whether President Biden will win the November election and serve a second term.The selection of former President Donald Trump’s running mate is expected to take place before the Republican National Convention begins in Milwaukee on July 15. Former Vice President Mike Pence was excommunicated from the MAGA movement on January 6, 2021, for failing to try to overturn the results of the 2020 election, meaning another person will soon be sworn in as vice president.Things could always change in…
Trilogue’s Business in Society Conference 2024 put the spotlight on entrepreneurship as a tool to strengthen South Africa’s economy. The Absa-sponsored thematic session titled “Achieving Intergenerational Inclusion through Entrepreneurship” explored the critical role that data plays in establishing a supportive ecosystem for entrepreneurship to thrive. The session also explored how society’s mindset can be shifted towards fostering entrepreneurial growth.Absa’s commitment to driving financial inclusion is at the heart of the company’s support for entrepreneurship. “As an organisation, we saw entrepreneurship as an area where not many organisations were investing in driving social change. To move society and the economy forward,…
The third episode of this season of the popular show focuses on key aspects of what it takes to be an entrepreneur and how Northlink College is working to support and prepare future entrepreneurs.Nico Zely, Senior Officer for Entrepreneurship, explained that the University’s Entrepreneurship Accelerator Centre (EAC) is dedicated to fostering entrepreneurial success through various interventions, programs, mentorship and introductions. It is also worth noting that the University hopes to instill a culture of entrepreneurship among its students and staff in the coming years.Geely further stressed the importance of collaboration with key stakeholders such as the Small and Medium Enterprise…
The best recession indicator, known as the “Sum Rule,” says a recession begins when the unemployment rate rises by at least half a percentage point above its lowest level in the past year. Currently, this indicator is sounding a warning in the U.S. While it doesn’t mean a recession is definitely on the way, it is an important wake-up call and one the Federal Reserve should pay attention to.Developed by former Fed economist Claudia Thurm, the rule is based on the idea that when people start losing their jobs, they cut back on spending, which causes further job losses. Recessions…
(Bloomberg) — U.S. stocks are set to hit another record high on Tuesday as investors await congressional testimony from Federal Reserve Chairman Jerome Powell for clues about the outlook for U.S. interest rates.Most read articles on BloombergWith second-quarter earnings season fast approaching, futures for the S&P 500 index rose after the index hit its 35th record high this year. Futures for the interest-rate-sensitive Nasdaq 100 index also rose ahead of Powell’s speech.Investors will be closely watching the Fed chairman for any indication as to when policymakers might cut interest rates. A long-awaited shift to easier policy would give investors who…
Symbeo partners with Amazon Business to expand the reach of its RapidInvoice AP automation solution.
Corbel Co., Ltd.Symbeo launches RapidInvoice for B2B e-commerce in Amazon Business’ marketplace App Center, providing a solution that enhances AP capabilities and supports financial operations to reduce costs and improve productivity.PORTLAND, Ore., July 09, 2024 (GLOBE NEWSWIRE) — Symbeo, Inc., a subsidiary of CorVel, has partnered with Amazon Business App Center to offer RapidInvoice, an AI-enabled optical character recognition (OCR) product. The partnership marks a major step into the mid-market and small business market as more businesses turn to e-commerce platforms such as Amazon’s B2B Marketplace. The move allows customers to leverage wholesale pricing for goods and services, with the…