Canada Pension Plan Picks Up Stake In Tim's Network For 2 Billion Euros -march 08, 2024 At 07:00 Am Est | Marketscreener
(marketscreener.com) Canada Pension Plan
Investments will acquire a 17.5% stake in the fixed-line
network of Telecom Italia for up to 2 billion
euros , the group said on Friday. The investment values the business at an enterprise value of
about 18.8 billion euros and will be made
through the Optics Bid Co group, which also includes U.S. fund
KKR, the...https://www.marketscreener.com/quote/stock/TELECOM-ITALIA-S-P-A-102978/news/Canada-Pension-Plan-picks-up-stake-in-TIM-s-network-for-2-billion-euros-46128598/?utm_medium=RSS&utm_content=20240308.
Readers Had A Lot To Say About Those Newly Minted 401(k) Millionaires
They’re everyday workers who clocked into their jobs day in and day out, all the while faithfully socking away money for the time, decades out, when they finally retired. And now they’re millionaires. Fidelity Investments announced this week that the number of people with seven figures in their 401(k) accounts jumped 20% from September to the end of December. That struck a major chord with readers — nearly 4,000 of you weighed in on the news of so many regular folks saving for retirement and reaching the million-dollar mountaintop.
Lithium Junior Miners News For The Month Of February 2024
Welcome to the February 2024 edition of the "junior" lithium miner news. We have categorized those lithium miners that are not in production as the juniors. Note: Investors are reminded that many of the lithium juniors will most likely not be needed until the mid and late 2020s to supply the potentially booming electric vehicle [EV] and energy storage markets. This means investing in these companies requires a higher risk tolerance and a longer time frame. Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.)
Ny's $260B Pension Fund Is Dropping Exxon, Other Energy Company Holdings
The New York State Common Retirement Fund plans to restrict its investments in Exxon Mobil Corp and seven other oil and gas companies.
Opinion: How Pension De-risking Could Strike A Cruel Financial Blow To America’s Retirees
Pension de-risking is when corporations transfer retirement income obligations to insurance providers, private-equity funds or other investors. :
Lax regulation on Capitol Hill. Risky behavior by Wall Street. Everyday Americans going about their business, trusting their money will be just fine. Americans have long had an unfortunate habit of reacting to crises instead of anticipating them. When it comes to corporate malfeasance, that tendency cost the country dearly in the 2007-09 recession of 2008 — and unless we take a stand now, it could soon strike a cruel blow to the swelling ranks of American retirees.
Ppf Vs Nps: How Fm Nirmala Sitharaman Can Make Pension Scheme More Attractive In Budget 2024?
Budget 2024: Experts suggest increasing the limit of NPS for both tax regimes to make it more attractive. :
National Pension System (NPS) is a Govt of India-sponsored program, which is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). An NPS subscriber invests in the capital market (equity, govt securities, corporate bonds, and alternative assets) as per their respective risk appetite to build up his retirement corpus. Public Provident Fund (PPF) is a government-backed savings vehicle with fixed returns, which is set by the Government every quarter.
Rbi Authorises Bandhan Bank To Disburse Pensions On Behalf Of Indian Railways - The Economic Times
India’s retail inflation inched up to a three-month high of 5.6% in November from 4.9% in the previous month, while industrial production rebounded to a 16-month record of 11.7% in October, aided by a festive surge and a favorable base, official data released Tuesday showed. India’s robust policy framework, digital public infrastructure and the abundance of talent could make it the country’s decade on the global economic stage, business leaders said. Choose your reason below and click on the Report button.
Private Equity Courts A Growing Class Of Mini-millionaires | Wealth Management
The industry is racing to secure a share of the trillions of dollars in wealth held by the rising suburban rich.
Elon Musk Rips George Soros For Eroding ‘fabric Of Civilization,’ Says He Rescued Twitter From ‘far-left’ | Fox News
Elon Musk unleashed on George Soros in an interview with Joe Rogan, accusing Soros of eroding "the fabric of civilization" and saying he rescued Twitter from the "far-left."
Top China Hedge Fund Suspends Founder, Cites Reputational Hit From Family Matter - Cna
HONG KONG : A leading Chinese hedge fund, High-Flyer Quant, said it has suspended its co-founder and senior executive Xu Jin from work due to his "improper handling of a family matter". The Hangzhou-based quantitative fund did not specify what Xu had done or what role of his has been suspended but said in a statement published on its official WeChat account late on Thursday it "caused negative public opinion and had a negative impact on company reputation". High-Flyer Quant did not immediately respond to an emailed request for comment.