Unemployment drops to 6.9% and US adds a solid 638000 jobs

Unemployment drops to 6.9% and US adds a solid 638000 jobs

WASHINGTON (AP) — U.S. employers added 638,000 jobs in October, a solid pace though far fewer than needed to regain most of the jobs lost to the pandemic recession just as new viral cases are setting record highs. The gain suggested that a tentative …
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Flexi Cap Fund: New equity mutual fund category introduced – What should investors do

Since this is a new category which is getting created, most multicap funds may get their schemes reclassified in to flexi cap category. equity mutual fund, Flexi Cap Fund, MF, multicap funds, large cap,. Investors would rely more on the fund managers …
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UK's RSA Gets $9.3 Billion Takeover Proposal From Intact, Tryg

(Bloomberg) — RSA Insurance Group Plc received a 7.2 billion-pound ($9.5 billion) takeover proposal from Canada’s Intact Financial Corp. and Danish insurer Tryg A/S, paving the way for the biggest acquisition of a U.K.-listed company this year.
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Sensex, Nifty close at over nine-month high on Reliance boost

BENGALURU (Reuters) – Indian shares closed at their highest level since mid-January on Friday, boosted by gains in Reliance Industries after the country’s most valuable company secured more funding for its retail business. The NSE Nifty 50 index finished …
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Acushnet: 3Q Earnings Snapshot

FAIRHAVEN, Mass. (AP) _ Acushnet Holdings Corp. (GOLF) on Friday reported third-quarter net income of $63.2 million. The Fairhaven, Massachusetts-based company said it had net income of 84 cents per share. The results topped Wall Street expectations.
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