Usa Financial News

T20 World Cup 2024 just three months away, the International Cricket Council (ICC) has provided an update on the progress of the Nassau County International Cricket Stadium in New York, which will be the venue for the much-awaited T20 World Cup match between India and Pakistan. The construction work on the stadium has been going on for the past month in preparation for the ICC Men's T20 World Cup 2024, which is set to begin on June 1. On June 9, the stadium will witness the clash between the cricketing rivals, India and Pakistan. ICC released a time-lapse video, marking the milestone of one month since the project's initiation.

Bloomberg on Wednesday moved the Delhi High Court challenging the trial court's order directing it take down an article on Zee Entertainment claiming that SEBI has found accounting irregularities of nearly US $240 million at the company. The High Court allowed the urgent listing of the matter for March 7, 2024. On March 1, 2024, a city court directed Bloomberg Television Production Services India Pvt. Ltd. (Bloomberg) to remove a news article published against media major ZEE Entertainment Enterprises Ltd (ZEEL) from its online platform.

By Toby Sterling

By Siddharth Cavale

IIFL Finance tanked 20% on Wednesday to fresh 52-week low of Rs 382.20 on the NSE following a downgrade by global brokjerage Jefferies. The US brokerage has slashed its target price to Rs 435 from an earlier target of Rs 765 while recommending a ‘hold’ rating versus 'buy' it held earlier. The downgrade comes after the Reserve Bank of India (RBI) directed the company to cease and desist from sanctioning or disbursing gold loans or assigning/securitising/selling any of its gold loans.

Joe Biden has warned that a second Donald Trump term would mean a return to «chaos, division and darkness,» CNN reported. He highlighted the progress his administration has made in its first term in office. In a statement, Biden wrote, «Four years ago, I ran because of the existential threat Donald Trump posed to the America we all believe in.» He spoke about the US' progress under his administration on jobs, inflation, prescription drug prices, and gun control.

Elon Musk in a social media post on X criticized United States President Joe Biden referring to a news report which says «Biden administration ADMITS flying 320,000 migrants secretly into the US to reduce the number of crossing at the border has nation security vulnerability.» Elon Musk said «This administration is both importing voters and creating a national security threat from unvetted illegal immigrants. It is highly probable that the groundwork is being laid for something far worse than 9/11. Just a matter of time.» Musk reposted a X user post which said «This is insane. The Biden administration admits to transporting 320,000 illegal aliens on secret flights into the U.S. to reduce the number of crossings. Lawyers for its immigration agencies claim revealing the locations could create national security “vulnerabilities.”

horror film 'MaXXXine' will soon hit the theaters, but the next Ti West horror franchise movie has already been planned. Originally, 'MaXXXine' was considered the last of the X trilogy of films. However, according to 'Collider', director Ti West said that he has an idea for a fourth film in the franchise. But any decision may be taken only after the franchise's third film, 'MaXXXine' is released.

(Reuters) — The Teamsters union said on Tuesday its members approved a five-year agreement with Anheuser-Busch Inbev, ratifying a deal that includes pay hikes and improved healthcare for workers at the brewer's U.S. facilities.

Investing.com-- U.S. stock index futures steadied in evening deals on Tuesday as Wall Street nursed a sharp fall from record highs, with focus turning squarely to an upcoming testimony by Federal Reserve Chair Jerome Powell.

Investing.com-- Oil prices fell slightly in Asian trade on Wednesday amid persistent concerns over slowing demand this year, although steady production cuts by the OPEC+ and little de-escalation in the Israel-Hamas war heralded tighter supplies.

The US state of Virginia, which is seeking to safeguard the crypto rights of its citizens, is one-step closer to creating a working group to deep-dive into crypto expansion.

Sensex fell 195.16 points, or 0.26%, to close at 73,677.13, while the Nifty 50 settled 49.30 points, or 0.22%, lower at 22,356.30. “Investors are awaiting Fed Chair Powell’s testimony to get some input on interest rates. Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up.

Stock market today: The domestic equity market benchmarks, including the Nifty 50 and the Sensex, halted their four-day winning streak due to subdued global cues, on Tuesday, March 5. The Nifty 50 concluded the trading day with a decrease of 49 points, representing a 0.22 percent decline, closing at 22,356.30. Similarly, the Sensex finished at 73,677.13, marking a dip of 195 points or 0.26 percent.

cryptocurrency market over the past 24 hours. This was followed by Bitcoin surging to a new all-time high in more than two years, yet the original cryptocurrency didn’t stay at its new all-time high very long as many traders appear to have taken the opportunity to book some profit. The token soared as much as 2.5 per cent to USD 69,191.95 shortly after 10 a.m.

The Indian SaaS market is also expected to touch $37 billion in market size by 2028, from $12 billion presently, the analysis showed.

markets snapped a four-day winning streak on account of profit booking and easing of service PMI, dampening the sentiments. Investors are awaiting Fed Powell’s Chair to get some input on interest rates. «Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up. Capital Goods, Auto, PSU Bank, and Oil & Gas will continue to remain in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

TORONTO — Bitcoin briefly touched an all-time high Tuesday of more than US$69,000 before losing thousands of dollars of value within hours.

Kim Kardashian has been acquired by Amazon MGM Studios. The project, based on an original idea by Natalie Krinsky, is currently in development with details about the plot yet to be revealed. Plot

By Michael Erman

Another day, another multibillion-dollar regulatory fine from Europe that will barely dent the balance sheet of a technology giant. Only this time, the European Commission’s $2 billion penalty against Apple marks the end of an old clunky era, and the start of a new one where trust-busters can be quicker and more efficient in policing Silicon Valley’s biggest companies. Their secret weapon: a new law called the Digital Markets Act (DMA).