Latest news with #GaneshRao
CNBC
30-05-2025
- Business
- CNBC
European stock markets set for a positive open amid U.S. tariff uncertainty
European stock markets are expected to open in positive territory on Friday. Futures contracts for the Stoxx Europe 600 index point to a 0.1% gain at the open. Meanwhile, the U.K.'s FTSE 100 , is set to open 0.2% higher, France's CAC 40 could add 0.1% and Germany's DAX is seen opening flat at the start of the trading day. In Italy, shares of Metriks AI will trade for the first time on the stock exchange under the ticker MTK. The company provides artificial intelligence and analytical services and services to its clients. — Ganesh Rao
CNBC
27-05-2025
- Business
- CNBC
European insurance giants take $3.5 billion hit from Los Angeles wildfires
Financial losses stemming from the California wildfires earlier this year have risen to at least $3.5 billion for European insurance giants, according to CNBC's calculations. Ganesh Rao reports.
The Hindu
22-05-2025
- Politics
- The Hindu
Awareness campaign launched to eliminate child marriage in Chamarajanagar district
In a move to eliminate child marriage, the Chamarajanagar district administration has launched an awareness campaign, with the goal of declaring the district 'child marriage-free' by November 14 – Children's Day. Under the campaign, the administration is involving prominent personalities including film actors, sportspersons, and community leaders to draw public support. As part of the initiative, a mega walkathon and pledge-taking ceremony will be held on Friday, starting at 8 a.m. from Sri Chamarajeshwara Temple. The event will feature World Cup kho-kho player Chaitra, actor Ganesh Rao from Hondarabalu village, eight State-level athletes, Venkatesh, a member of the Karnataka State Commission for Protection of Child Rights, as well as students, senior government officials, volunteers, and representatives from various NGOs. The walkathon route will pass through Pachappa Circle, Santhemarahalli Circle, and the KSRTC Bus Stand, concluding at the Tourist Bungalow. All 130 Gram Panchayats in the district have been instructed to actively participate in the drive to end child marriage. Grassroots-level activities such as Children's Gram Sabhas, and initiatives through the School Development Committees, Child Welfare Committees, and Balvikas (Child Development) Committees are being implemented to raise awareness at the village level. Individuals and organisations making significant contributions to this cause will be recognised and honored on the occasion of Children's Day, a press release stated. Chamarajanagar Deputy Commissioner Shilpa Nag said, 'Eliminating child marriage requires a united effort from all sections of society with the support from all the departments.' We urge every individual to join hands and support the ongoing awareness initiatives, she added.
CNBC
20-05-2025
- Business
- CNBC
European stocks look set to build momentum after lackluster start to the week
Good morning from London! Welcome to CNBC's live blog covering European markets. Regional bourses are heading for a positive open Tuesday, looking to build some positive momentum after a muted trading session for equity markets on Monday. There are a few events to watch out for Tuesday, with British companies Vodafone and bakery chain Greggs, insurance giant Swiss Life, and Swedish industrial conglomerate Lagercrantz all set to report first-quarter results. Germany's producer price index data is also due. British telecom giant Vodafone Group is expected to report its 2025 financial year results. Analysts polled by FactSet expect full-year total sales to be £31.74 billion ($42.39 billion), with a pre-tax profit of £1.84 billion. Earnings per share is expected at 7.10 pence. UBS analysts expect the merger with U.K. competitor Three will add £470 million to adjusted profits, but will detract from free cash flow as the company will be forced to invest upfront. "While easing declines in German service revenues should be a tailwind for the shares, the prospect of further [free cash flow] downgrades will likely weigh on the stock near-term," UBS analyst Polo Tang added in an earnings preview note to clients on May 12. The stock currently trades at nearly 5.3% expected dividend yield. Analysts forecast a dividend of 3.78 pence per share, according to FactSet. U.K. baker Greggs and Swiss Life are also set to report earnings on Tuesday. — Ganesh Rao Here are Tuesday's opening calls. European bourses are expected to open higher Tuesday, with London's FTSE expected to open up 43 points at 8,726, Germany's DAX up 92 points at 23,998, the French CAC 40 up 41 points at 7,908 and Italy's FTSE MIB up 92 points at 40,330, according to data from IG. — Holly Ellyatt
CNBC
13-05-2025
- Business
- CNBC
The aluminum sector isn't moving to the U.S. despite tariffs. Here's why
Tariffs are reshaping global trade flows and inflating costs for American consumers, but are falling to revive domestic aluminum production — for one key reason. CNBC's Ganesh Rao explains.
