Beyond Financial News

Marc Miller just finished five years as a federal minister working on Indigenous issues. Now, ironically, he’s minister of immigration, encouraging an influx of new Canadians many Indigenous Canadians think hasn’t served them so well.

Shortly after the invasion of Ukraine, Bacardi said it had paused exports to Russia. Since then, the liquor company has sent millions of dollars of products to the country and has been advertising for new employees. Continuing to bring in brands such as Grey Goose vodka, Martini vermouth and its namesake Bacardi rum helped the family-owned company report a rise in sales and profit in Russia for last year at the same time many of the world’s biggest booze brands have beaten a costly retreat from the country.

Rahul Shah, VP-Equity Advisory, MOFSL, says which will be the next turnaround story, we will come to know once the stock has done well. But the market is just taking a breather right now. Still there could be a lot of value in a lot of names in the banking space.

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Sushant Bhansali, CEO, Ambit Asset Management, says: “We expect that from here on, while Nifty might go another 25-30% odd in the next two or three years, the small and midcaps will probably deliver much more than that given the size and the opportunity set which they bring to the table in terms of the Indian economy.” Bhansali further says that from a valuation perspective, banks, NBFCs and IT are really comfortable. But the growth momentum in the banks and NBFCs is much beyond IT as of today.What is your market perspective? Do you think that we are getting a bit toppish and that is why a bit of consolidation and sideways move or do you see more legs to the rally?The rally has just started. We had almost one and a half years of lull between September 21 and March 23.

life insurance policies are not exempt under Section 10(10D). Are the full maturity proceeds treated? Can the policyholder claim indexation benefits treating the gain as long-term capital gains? In respect of life insurance policies issued after 1st April; 2012, the maturity proceeds received are exempt only and only if the premium payable in respect of such insurance policydoes not exceed 10% of the sum assured during the premium paying term.

Analysts are slashing their forecasts for iron ore prices – Australia’s most lucrative export – as it becomes increasingly clear that Beijing is struggling to revitalise its frail economy.

Italian banking shares took a beating on Tuesday morning after Italy's cabinet approved a 40% windfall tax on lenders' «excess» profits in 2023.

Kalgoorlie | Lynas Rare Earths is looking for acquisitions to capitalise on the needs of its customers, including the US Department of Defense, which are anxious to wean themselves off China products.

The Dungeons & Dragons role-playing game franchise says it won’t allow artists to use artificial intelligence technology to draw its cast of sorcerers, druids and other characters and scenery

A new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy

Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its plant-based meat substitute fell despite price cuts

Spider-Man: Across the Spider-Verse' swinging to its digital release, the first 10-minutes of the movie have now been made available for free. According to Collider, an online entertainment publication, Sony Pictures has treated eager viewers to a sneak peek of the web-slinging adventure via IGN, leaving the fans buzzing with anticipation. The film picks up after the events of the first instalment, catching up with Gwen Stacy (Hailee Steinfeld), who has been missing Miles Morales (Shameik Moore) ever since losing her version of Peter Parker. Being a superhero comes with sacrifices, and Gwen is no stranger to this truth. Set eighteen months after the transformative spider bite that altered Miles' life forever, the friendly neighbourhood Spider-Man has been busy safeguarding Brooklyn from petty criminals. But when a new villain called The Spot (Jason Schwartzman) enters the scene, Miles faces an unexpected threat. The Spot holds a personal grudge against him for the chaos he caused during the previous 'Spider-Verse' film. And if one villain wasn't enough, Miles also clashes with Miguel O'Hara (Oscar Isaac), a powerful spider-hero from the future.

RBI) will begin its three-day meeting to decide on India's short-term monetary policy on Tuesday (August 8). RBI Governor Shaktikanta Das will announce the meeting outcome on Thursday (August 10). The recent sharp rise in vegetable and pulses prices and the July rate hike by the US Fed are the two major questions that the MPC will take into account before deciding on policy rates.

Oil prices rose in early trade on Tuesday as supply concerns arising from production cuts by Saudi Arabia and Russia supported the market. Brent crude futures rose 37 cents, or 0.4%, to $85.71 a barrel at 0010 GMT, while U.S.

Check out the companies making headlines in after-hours trading.

Voyager 2 spacecraft restored communication with mission control after a period of silence. The historic probe, launched in the 1970s to explore the depths of space, received an interstellar «shout» from the ground team across a staggering distance of over 12.3 billion miles. This signal prompted the spacecraft to turn its antenna back towards Earth, reestablishing the vital connection with mission control. After weeks of silence, this successful communication is a significant achievement for the Voyager 2 mission and allows for continued monitoring and data transmission from this iconic space exploration probe.

Christmas Tree Shops has announced that August 12 will be its last day and has urged the customers to not miss the last opportunity of buying at its shop. Christmas Tree Shops is a retail chain company selling outdoor furniture, bedding sets, seasonal decor and other home products in 70 stores in 20 states of the country.

Tou Thao, from Minneapolis has been sentenced to 57 months in prison for his involvement in George Floyd's death. Thao was found guilty of aiding and abetting manslaughter in May by a Minnesota judge. He stated that he acted as a «human traffic cone,» holding back bystanders while Derek Chauvin knelt on Floyd's neck for about 10 minutes. George Floyd's death in May 2020 led to widespread protests across the US. All four ex-police officers connected to the incident were convicted of federal civil rights charges, along with state murder charges for Chauvin. Ex-officers, Thomas Lane and J Alexander Kueng, admitted guilt for aiding and abetting second-degree manslaughter in the case. Thao, who received a three-and-a-half-year sentence for his civil rights conviction, will serve the 57 months concurrently. He opted for a judge trial in the manslaughter case, waiving his right to a jury trial. He also chose not to testify or question witnesses. Judge Peter Cahill, in a 177-page decision, stated that Thao's actions, including shielding Chauvin and the other officers from the crowd, prevented a trained medic from aiding Floyd. «Proof beyond a reasonable doubt» shows that Thao's actions were «objectively unreasonable» from the perspective of a reasonable police officer, considering all circumstances, the judge said. Judge Cahill additionally noted that Thao's actions were more unreasonable as he was obligated to intervene to stop excessive force by other officers and was trained to provide medical assistance.

WWE, and it's official that Bianca Belair and Becky Lynch will be joining the metaverse soon. A recent leak confirms that these renowned stars will have their skins added to the popular battle royale game. They will follow in the footsteps of John Cena, who previously received his own character in the game. The leaked information suggests a comprehensive collaboration, with the skins being an integral part of it. Here's an overview of what we know so far about this exciting venture.

Trishla Jain spoke to Indrajit Hazra about her upcoming exhibition, and how as an artist meditator her vision and craft is to capture — and free — the sense of peace in her work. A drawing is simply a line going for a walk; a line is a dot that went for a walk. — Paul Klee Breathe in.