New York Financial News
23.09 / 07:45
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Is Yahya Sinwar dead? Israel probes rumors surrounding Hamas leader's fate
Israeli military is investigating reports about the possible death of Hamas chief Yahya Sinwar, believed to be behind the October 7 attacks, as per the New York Post. Currently, Israel's intelligence agency Shin Bet and the Israel Defense Forces have not found new evidence confirming his death. «We don't have positive intelligence that suggests Hamas leader Yahya Sinwar is dead. It is all hopes and guesses which are based on the fact that Sinwar has been incommunicado in recent weeks,» an Israeli official told Axios reporter Barak Ravid. Various media outlets suggest that Sinwar might have been killed or injured in recent bombings in the Gaza Strip. Recently, reports resurfaced about his potential death as Hamas rejected a new hostage deal proposed by the US. Israel’s Channel 12 reported that Sinwar wants talks to follow President Biden’s original proposal from May.
23.09 / 02:17
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PM Modi expresses 'deep concern' on Gaza situation during bilateral meeting with Palestinian President
Palestinian President Mahmoud Abbas at Lotte New York Palace Hotel in New York on Sunday (local time). The Prime Minister expressed «deep concern» at the humanitarian situation in Gaza and reaffirmed India's continued support to the Palestinian people. «PM @narendramodimet H.E. Mahmoud Abbas, President of Palestine, on the sidelines of UNGA today. PM expressed deep concern at the humanitarian situation in Gaza and reaffirmed India's continued support to the people of Palestine,» MEA spokesperson Randhir Jaiswal stated in a post on X.
23.09 / 01:57
22.09 / 17:04
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Provident
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Customers
Air India looks to upgrade inflight product to woo premium customers
Air India is planning for a faster upgrade of its in-flight product on its key international routes to US and Europe as the Tata group airline tries to attract premium customers who had till now opted for Middle East carriers like Emirates and Qatar Airways due to higher service standard. The airline is planning to amplify its offerings with first class, on top of a business class in its new A350 planes and is also upgrading cabins in its A320 narrow body aircraft. Simultaneously it has planned to have exclusive lounges for its customers at Delhi, Mumbai, Dubai, London, New York, San Francisco by the end of 2025. “We have been talking about the Air India transformation and took a lot of initiatives, but with our new product people are now able to feel it. We have received good reviews from our customers and they feel that it is the sign of a new Air India which will be ready in next two years,” Rajesh Dogra, Chief Customer Experience Officer at the airline said.
22.09 / 13:51
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When facts change, I change my mind: Aswath Damodaran on Zomato valuation
Subscribe to enjoy similar stories. Mumbai: Known as the ‘Dean of Valuation’, Aswath Damodaran, professor of finance at the Stern School of Business at New York University, is out with a new book, The Corporate Life Cycle. Companies have a life cycle very much like humans—they are born, witness growth spurts, mature and then inevitably decline.
22.09 / 10:11
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Schools
Sundar Pichai announces $120 million 'Global AI Opportunity Fund'
Alphabet and Google CEO Sundar Pichai has announced a $120 million 'Global AI Opportunity Fund' at the UN Summit of the Future in the US. Pichai said that the initiative will invest «one hundred and twenty million dollars to make AI education and training available in communities around the world. We're providing this in local languages, in partnership with nonprofits and NGOs». Leaders from around the world have gathered for the 79th United Nations General Assembly (UNGA) in New York — including the first ever «Summit of the Future».
22.09 / 10:07
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The US Fed’s uncertainty over a neutral rate is bad for bonds
Subscribe to enjoy similar stories. The US Federal Reserve on Wednesday began its policy easing with a bang. Much of the focus was on its decision to cut interest rates by half a percentage point from a two-decade high.
21.09 / 20:29
Strategy
hospital
International
Motel 6 sold to Indian hotel operator for $525 million
The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India
21.09 / 18:43
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International
Modi in US: Sharing lessons, shaping future the India way
Narendra Modi will once again be on the big stage on Monday when he attends the United Nations Summit of the Future in New York. The idea of the summit emerged in 2021 in recognition of the fact, in the words of the UN Secretary General, that «we cannot continue to tackle 21st century challenges and opportunities with the 20th century foundational ideas and processes of the UN». The summit is an opportunity for international leaders to decide how to deliver a better today and safeguard the opportunities of tomorrow. The UN Secretary General has called it a «trust building exercise». The chief outcome document of the summit will be a Pact for the Future that is supposed to guide humanity as it moves towards the endpoint of the 2030 Sustainable Development Goals and beyond. The five chosen pillars of focus are sustainable development and financing for development, international peace and security, science, technology and innovation and digital cooperation, youth and future generations, and transforming global governance. The pact will be annexed with a Declaration on Future Generations and a Global Digital Compact.
21.09 / 18:43
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Friends Reboot: Are creators developing a sequel centered on the children of the Gellers, Buffays, and Tribbianis?
Series creators Marta Kauffman and David Crane, along with executive producer Kevin Bright, recently discussed this ongoing interest during an appearance on the Today show.
21.09 / 18:19
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Cocktail machines, powered by AI, are creating a stir. Can they replace the human bartender?
What if all these are possible just by touching a screen in your living room? What if all the secrets of a dirty martini, a classic Negroni, a stately old fashioned, or a colourful cosmopolitan are at your fingertips rather than in the dexterous hands of a mixologist in a bar? For, the new cocktail is brought to you by AI. Barsys, a New York-headquartered home automation company, has launched its AI-powered cocktail machine in India after debuting it at the Consumer Electronics Show (CES) in Las Vegas in January this year. Called Barsys 360 and costing Rs 55,700, this halo-like automated bartending machine can mix over 1,000 cocktails, some within 15 seconds and all of them customisable to the last ml. It can even personalise the drinking experience by recommending new cocktails based on previous preferences and selections.
21.09 / 18:19
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Will Sean Diddy Combs commit suicide? He is on watch inside a New York jail
Sean Diddy Combs has been lodged at the Metropolitan Detention Center of Brooklyn after his attorney’s bail bid got denied and he is placed on Suicide Monitor in the prison which is actually the standard protocol for keeping high-profile individuals in jail, reported DailyMail.
21.09 / 17:51
21.09 / 14:27
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New York will be center of money-focused fight to slow climate change
The annual New York City Climate Week and United Nations General Assembly that's just about to start are emphasizing how to generate trillions of dollars that will be needed to help poorer countries move away from gas, oil and coal, fuels that release ...
21.09 / 13:59
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Department
Relationships
No meeting between Modi, Yunus at UNGA; Bangladesh foreign adviser will meet Jaishankar
Bangladesh's Foreign Adviser Touhid Hossain on Saturday said that Chief Adviser Muhammad Yunus will not be meeting with Indian Prime Minister Narendra Modi on the sidelines of the UN General Assembly in New York, according to media reports. Hossain, former foreign secretary of Bangladesh, said he would hold a bilateral meeting with India's External Affairs Minister S Jaishankar to advance the relationship between the two neighbours, The Daily Star newspaper reported. At a press briefing at the foreign ministry in the afternoon, Hossain said, «Sorting out all issues, we want to further advance our relationship based on mutual respect and fairness.»
21.09 / 06:03
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Relationships
EAM S Jaishankar likely to meet Bangladesh counterpart Hossain on UNGA sidelines next week
S Jaishankar is likely to interact with his Bangladeshi counterpart, Touhid Hossain, on the sidelines of the United Nations General Assembly, scheduled to be held next week, in New York. With Bangladesh recently seeing violent revolt and the ouster of the Sheikh Hasina government, Jaishankar is reportedly keep to emphasize India's hopes for a rapid restoration of law and order in the country, as well as the Modi government's concerns over threats to the Hindu minority in the country. The foreign minister is also expected to smooth over any tensions between the neighbours, reiterating India’s commitment to work with a democratic and peaceful Bangladesh.
21.09 / 06:03
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Assurant
security
community
Inside
social
reports
White House officials meet Sikh activists before PM Modi's US visit
Sikh activists to assure them that the US government is committed to protecting Americans from any acts of transnational aggression on its soil, a community leader has said. The meeting comes ahead of Prime Minister Narendra Modi's three-day visit to the US during which he will attend the Quad summit in Delaware and address the 'Summit of the Future' at the UN General Assembly in New York. Held inside the White House complex on Thursday, the meeting was attended by Pritpal Singh of the American Sikh Caucus Committee and representatives from the Sikh Coalition and Sikh American Legal Defence and Education Fund (SALDEF). «Yesterday we had the chance to thank senior federal government officials for saving the lives of Sikh Americans and for vigilance in protecting our community. We asked them to do more, and we will hold them to their assurances that they will,» Pritpal Singh, founder of the American Sikh Caucus Committee told PTI on Friday.
21.09 / 04:37
21.09 / 04:11
21.09 / 04:11
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PM Modi embarks on US visit for Quad Summit: Here's what he's doing on the 3-day trip
Summit of the Future' during the UN General Assembly (UNGA). This visit seeks to enhance diplomatic ties and collaborative efforts between India and the US. Here are key agendas of PM Modi's visit to the states:
21.09 / 03:41
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International
At UN summit, India calls for global shift to sustainable living
climate change and global success is more likely if affordable solutions are offered, India has said at the United Nations «Summit of the Future». Addressing the summit in New York on Friday, Leela Nandan, secretary in the Union environment ministry, also said that climate change discussions often focus solely on emission reductions, but «we are more likely to succeed if we offer affordable solutions, not simply impose decisions». The Summit of the Future brings together world leaders, policymakers and other stakeholders to discuss global challenges and strengthen multilateral cooperation to tackle emerging threats. Citing an estimate by the International Energy Agency, Nandan said, «If we were to put our actions into the right context in terms of saving energy, saving water, reducing waste, reducing e-waste, adopting sustainable food systems, we would have reduced annual global emissions by 2 billion tons by 2030.»
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