Israel Financial News

These events, unfolding against the backdrop of heightened tensions in the ongoing Israeli-Palestinian conflict, underscore the challenges faced by universities nationwide as they grapple with the increasingly visible demonstrations and encampments on their campuses.

Exxon Mobil’s profit declined in its first quarter as natural gas prices fell and industry refining margins dropped

Trump and poked fun at his age at the annual dinner for Washington's political and media elites, saying «I am a grown man running against a six-year-old». The White House Correspondents' Association (WHCA) dinner on Saturday night provided the platform for Biden, 81, to continue his criticism of Trump, 77, with cutting humour. The high-profile event came against the backdrop of growing protests over Biden's handling of the Israel-Hamas war.

WASHINGTON—Donald Trump claims that neither the Oct. 7 Hamas attack on Israel nor Russia’s full-scale invasion of Ukraine would have happened on his watch, and that the world was an oasis of calm and stability when he was president. The reality was more complicated.

TEL AVIV—Hamas released a video of two further hostages, including an American-Israeli citizen, in a move that appeared to be designed to increase pressure on the Israeli government to reach a cease-fire deal as anticipation grows for a large Israeli offensive in Rafah, the southernmost city in Gaza. In the three-minute video, U.S. citizen Keith Siegel, 64 years old, and Omri Miran, 47, urged the Israeli government to come to an agreement with the militant group to free them.

Saudi Arabia on Sunday called for regional «stability», warning of the effects of the ongoing Israel-Hamas war on global economic sentiment at the start of a summit attended by a host of Gaza mediators. US Secretary of State Antony Blinken, Palestinian leaders and high-ranking officials from other countries trying to broker a ceasefire between Israel and Hamas are on the guest list for the summit in Riyadh, capital of the world's biggest crude oil exporter.

It has become clear over the last year that Silicon Valley companies, which could keep Wall Street happy with enormous growth alone, finally had to embrace the real world. This meant layoffs, cost savings and doubling down on profit. It also meant trimming wild moonshot ideas that sounded cool but burnt cash.

Saudi Arabia on April 29 to meet with regional partners. Blinken, on his two-day visit to Saudi Arabia, will discuss ongoing efforts to achieve a ceasefire in Gaza that secures the release of hostages and «how it is Hamas that is standing between the Palestinian people and a ceasefire,» the US State Department said in a release.

President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday butted up against growing public discord over the Israel-Hamas war, with protests outside the event condemning both Biden's handling of the conflict and the Western news' media coverage of it. In previous years, Biden, like most of his predecessors, has used the glitzy annual White House Correspondents' Association gala to needle media coverage of his administration and jab at political rivals, notably Republican rival Donald Trump.

Antony Blinken that they do not find «credible or reliable» Israel's assurances that it is using U.S.-supplied weapons in accordance with international humanitarian law, according to an internal State Department memo reviewed by Reuters. Other officials upheld support for Israel's representation.

Israel-Hamas war at universities across US dug in Saturday and vowed to keep their demonstrations going, some universities shut down encampments after reports of antisemitic activity among the protesters. With the the death toll mounting in the war in Gaza, protesters nationwide are demanding that schools cut financial ties to Israel and divest from companies they say are enabling the conflict. Some Jewish students say the protests have veered into antisemitism and made them afraid to set foot on campus.

₹6,995 per barrel on the multi commodity exchange (MCX). Also Read: US Q1 GDP: At 1.6%, US economy grows at slowest pace in 2 years, misses estimates on sharp uptick in core inflation -Benjamin Netanyahu, Israel's prime minister, said that any rulings by the International Criminal Court, which is investigating Hamas' attacks on Israel and the military assault, would not affect Israel's next actions, but would ‘’set a dangerous precedent.'' -Israel's military said that its air force struck in Lebanon's West Beqaa District and killed a militant who advanced attacks against Israel. Israel stepped up air strikes on Rafah after saying it would evacuate civilians from city in southern Gaza and launch an all-out assault despite allies' warnings that doing so could cause mass casualties.

ALSO READ: 'Last chance': Israel issues strong warning ahead of Rafah offensive Police have carried out large-scale arrests at universities in recent days, at times using chemical irritants and tasers to disperse demonstrators. In its statement, Northeastern said campus police backed by local law enforcement moved in Saturday to clear "an unauthorized encampment" on the campus.

Hamas released video on Saturday of two men held hostage in Gaza and seen alive in the footage. Campaign group the Hostages and Missing Families Forum identified the two in a statement as Keith Siegel and Omri Miran who were abducted by militants during the Hamas attack in southern Israel on October 7.

India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New Delhi seeks to expand its ties in the Middle East, where rising tensions are putting major shipping routes at risk. «It will help India with a strategic partner and access to key trade routes in a volatile region,» one official told Reuters. India and Oman have annual trade of less than $13 billion, but the relationship is important for New Delhi as the Gulf nation is a gateway to the narrow Strait of Hormuz between Oman and Iran, a major transit point for global oil shipments.

Markets always tend to climb a wall of worry. And in 2024, investors are grappling with abundant worries. Alongside the looming elections, they now must contend with a fresh geopolitical outbreak in the Middle East. Despite this, most international markets are trading within 5% of their all-time highs. Recent weeks have been dominated by news of strife and armed conflicts. This has led to jitters in foreign flows into Asian equities, impacting India as well. Approximately Rs 25,000 crore has been pulled out by foreign institutional investors from Indian equity markets in April so far.

Sharp is reportedly planning to invest $3-5 billion to set up a display fab semiconductor factory in India. The display fabs are used for making televisions and other digital screens. According to a report in the Times of India, top officials from Sharp met communications minister Ashwini Vaishnaw this week in this regard. Notably, Sharp is planning to set up a 1,000-acres facility in India which will be even bigger than its factory back home in Japan. Sharp want to use the Indian factory to cater to both domestic demand but exports.

Palestinian athletes are expected to compete at the Paris Olympics, with some set to be invited by the International Olympic Committee (IOC) even if they fail to qualify, its head Thomas Bach said. Bach told AFP on Friday that qualification events for the Paris Games, which start on July 26, were ongoing for a number of sports.

ICICI Bank Q4 results 2024 preview: Amid speculations of weak quarterly numbers from the Indian banks in Q4FFY24, ICICI Bank is going to declare its Q4 results 2024 today. According to market experts, the private lender may see a rise in net profit and net interest income on a rise in loan books and improved asset quality.

Gold rate today: On account of ease in the Iran-Israel war buzz and dent in the US Fed rate cut speculations in the upcoming US Fed meeting, gold prices witnessed strong profit-booking last week. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry ended its five-week rally and finished at ₹71,486 per 10 gm level, ₹2,472 per 10 gm or around 3.35 percent lower from its record high of ₹73,958 per 10 gm mark that it touched on 12th April 2024.

Columbia University who inspired pro-Palestinian demonstrations across the country dug in at their encampment for the 10th day Friday as administrators and police at campuses from California to Massachusetts wrestled with how to address protests that have seen scuffles with police and hundreds of arrests. Officials at Columbia and some other schools have been negotiating with student protesters who have rebuffed police and doubled down. Other schools have quickly turned to law enforcement to douse demonstrations before they can take hold.