Usa Financial News

11.03 / 08:23
markets Sustainability Wildlife biodiversity mountaineering Safari by gondola? Luxe African vacations get a cool new twist
safari slang for off-roading—helping wildlife enthusiasts spot everything from lions to pangolins. There are fleets of hot air balloons, canoes and pontoon boats, too, all offering different vantages of the continent’s vast biodiversity. But there’s only one solar-powered cable car system meant to get you eye-to-eye with giraffes or hovering above baobab branches. When it opens in May, the six-seat Solfari gondola will be a new claim to fame for the Unesco-designated Vhembe Biosphere Reserve, in South Africa’s little-visited Limpopo province. The amenity will be exclusive to guests of a new luxury lodge there, the six-suite, solar-powered Few & Far Luvhondo, where rates start at $1,800 per person per night. This aerial amenity is the invention of Jacob Dusek, who with wife Sarah Dusek founded the American glamping company Under Canvas. After selling the company to KSL Capital Partners for more than $100 million in 2018, the pair moved to Cape Town and launched a venture capital firm to invest in female-run African companies. By fall 2019 the firm was smoothly up and running, and the pair yearned to return to their nature-tourism roots in their newly adopted homeland.
11.03 / 07:55
Crypto Trading Perpetual Futures Bitcoin derivatives crypto futures Singapore Exchange gears up to list Bitcoin derivatives
Singapore Exchange (SGX) plans to list Bitcoin perpetual futures as traditional exchanges push deeper into crypto derivative markets. Singapore's largest exchange group intends to launch the contracts in the second half of 2025, a spokesperson said in an emailed statement. The company will strictly target institutional clients and professional investors, with retail customers barred from trading the instruments.
11.03 / 07:39
markets Man hospital travelers shock Schools Investigations Delhi HR manager killed while defending women from sexual assault
Bibhas Nayak, a 29-year-old HR manager at St Stephen’s Hospital in New Delhi, died while defending two women from sexual assault in Karnataka’s Koppal district. The incident took place on 6 March near Sanapur village, close to the popular tourist site of Hampi. Bibhas was overpowered by three attackers and thrown into a canal. His body was recovered on Saturday, and Karnataka police have since arrested the suspects. His grieving family has called for a thorough and fair investigation.
11.03 / 07:39
markets UPS WhatsApp Trade show reports Sell-off in US stocks is not a signal that US economic risks have escalated: UBS
In the American markets on Monday, the Nasdaq index tanked 4 per cent, while the S&P 500 also closed more than 2.7 per cent lower, causing stock markets around the globe to trade in the red. The market participants saw S&P 500 losing over USD 4 trillion market valuation. «The sell-off has been exacerbated by the unwinding of extended positioning in certain market segments such as momentum and tech stocks and is not necessarily a signal that US economic risks have escalated significantly.» says the report. The tech-dominated Nasdaq composite index witnessed a 4 per cent fall, showing investors' sentiment. In the major losers, the AI fab company Nvidia lost about 5 per cent or USD 140 billion in a single day, while the stocks of Tesla declined about 15 per cent, and Apple plunged 4.85 per cent. Among the other major tech giants, Meta, which owns popular social media platforms such as Facebook, Instagram, and WhatsApp, lost USD 10 billion, down 4.42 per cent.
11.03 / 07:29
markets Provident Cal-Maine reports shock prevention Investigations Who’s to blame for high egg prices? Ask the economists.
Subscribe to enjoy similar stories. Americans are experiencing serious sticker shock when it comes to the price of eggs, which in some markets has more than tripled. That is, when they can get eggs at all.
11.03 / 06:59
markets IPO Analysis Sustainability Hyundai trends Trade IPO Street: After blockbuster 2024, will bears slow down the IPO market in 2025?
IPO (Initial Public Offering) market, achieving unprecedented milestones in terms of funds raised, investor participation, and listing activity. With a record haul of $20.5bn (approx Rs 1.6 lakh crore) raised, India has surpassed its previous high of Rs 1.18 lakh crore in 2021, becoming the second-largest IPO market globally after the United States. October 2024 was a standout month, with Rs 38,700 crore raised — the highest ever for any single month in Indian history. This included blockbuster IPOs like Hyundai Motor and Waaree Energies, with Hyundai’s offering alone raising Rs 27,870 crore – India’s biggest to date. Despite market volatility, the Indian IPO Market is set to maintain strong momentum in 2025, with several marquee names gearing up for public listings.
11.03 / 06:59
markets UPS Analysis Research Trade War International Gold Price Today: Yellow metal prices surge by Rs 260/10 gm in a week, silver up by Rs 560/kg
silver May futures contracts were trading at Rs 96,820/kg, up by 0.37% or Rs 355. Gold prices have surged by Rs 260/10 grams in the last one week while silver prices went up by Rs 560/kg in the same period.
11.03 / 06:59
markets COST Citi Google reports prevention H-1B applications plunge in India’s tech hub Hyderabad as costs rise and US tightens norms
H-1B visa applications has dropped significantly this year, according to local agents and consultancies in Hyderabad. The fall in demand comes as the US government has raised the application fee and implemented stricter filing rules. Hyderabad, known as a major hub for global technology companies, houses offices of several multinational firms such as Microsoft, Google, Amazon, Facebook, and Oracle. The city has been a key contributor to India’s IT exports and a large base for professionals seeking US work visas like H-1B. However, this year, local consultancies report a drastic decline in applications, reflecting growing concerns among professionals. Arun Teja Bukkaparapu, who runs a consultancy in Hyderabad, told TOI's Nirupa Vatyam, «I have not even received a single call about H-1B filing until now.» He pointed out that increasing uncertainty over US jobs, along with a steep hike in the application fee from USD 10 to USD 215, has discouraged many potential applicants.
11.03 / 06:49
markets economy pandemic Trade President War country America First: Trump’s trade aggression could trigger another eurozone crisis
Subscribe to enjoy similar stories. At the first cabinet meeting of his second term in office, US President Donald Trump declared his intention to impose a sweeping 25% tariff on all imports from the European Union.
11.03 / 06:05
markets Provident Citizens Action country information Department US Visa Bulletin for April 2025: Green Card backlogs deepen; India faces over two-year EB-5 retrogression
EB-1, EB-2, and EB-3 categories will see moderate advancements for India, while EB-4 will remain unavailable for all countries until the end of fiscal year 2025, as the annual limit has been reached. Meanwhile, US Citizenship and Immigration Services (USCIS) has confirmed that it will accept employment-based adjustment of status applications based on the Visa Bulletin's Final Action Dates chart in April 2025. This allows applicants to file if their priority date is earlier than the listed cutoff date for their category and country.
11.03 / 06:05
markets CEO Tesla RAI show social 2020 Elon Musk doing a great job! Donald Trump plans to buy a Tesla to save Musk's 'baby' as cos shares plummet
Donald Trump has declared his support for Tesla CEO Elon Musk by announcing his intention to buy a “brand new” Tesla. The move comes as Musk faces mounting political criticism and financial setbacks. In a late-night post on Truth Social, Trump wrote, “I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???” Musk, who has financially backed Trump’s political ambitions and now plays a senior role in the administration, responded with a brief but telling, “Thank you, President.”
11.03 / 04:51
COST Provident Remark love Experts stars Woman in China spends a fortune to 'get back' her dead pet dog. How much did it cost her?
pet cloning after spending 160,000 yuan (approximately US$22,000 or over Rs 19 lakh) to clone her deceased Doberman. According to The Star magazine, while pet cloning is legal in China, it must be carried out by certified companies following strict ethical guidelines. The woman, identified by her surname Xu, resides in Hangzhou, eastern China. She recounted her experience to the mainland media outlet Personage, revealing that she first adopted her Doberman, named Joker, in 2011. Over the years, Joker became more than just a pet—he was a steadfast companion, offering Xu an invaluable sense of security, particularly during the years she lived alone. Joker’s health began to deteriorate as he aged. At nine years old, he was diagnosed with a malignant sarcoma in his neck. Given the risks associated with anesthesia, he underwent surgery without sedation, exhibiting remarkable composure and trust. Xu was deeply moved by his resilience, stating that he endured the pain bravely.
11.03 / 04:23
markets Analysis trends Trade President Experts track Sensex falls 400 points tracking global sell-off amid US recession fears; Nifty below 22,350
Nifty traded lower on Tuesday, tracking a broad sell-off in Asian markets after Wall Street slumped overnight amid recession fears in the U.S. Selling pressure was seen across all sectors. The BSE Sensex was down 375 points, or 0.51%, at 73,739, while the Nifty50 declined 140 points, or 0.62%, to 22,320 around 9:18 am.
11.03 / 04:23
markets Provident Digital RAI reports Pharmaceuticals US tariffs will have minimal impact on Indian pharma service companies like CDMOs: Report
It said «The companies see only marginal impact and no major disruption to US business from the planned US tariffs (10-25 per cent)». The US remains a key market for Indian CDMO players, with exports worth approximately USD 9-10 billion annually. While the tariff proposal has raised concerns, Indian firms expect only a marginal impact on their business.
11.03 / 04:23
markets security Analysis Trade Experts country electronic Missiles, money & momentum: EU's $850 billion plan resurrects defence stocks
Defence stocks, once the darlings of the market in 2024, are roaring back to life after a brutal correction. The sector, which witnessed a blistering rally last year amid rising global tensions and surging exports, saw a sharp selloff as high valuations, budget disappointments, and profit-booking took hold. Just when investors were questioning the long-term growth trajectory, Europe’s stunning $850 billion defence rearmament plan has flipped the script in Dalal Street’s favour. With Europe scrambling to fortify its military capabilities, Indian defence giants are in prime position to ride this global wave of rearmament.
11.03 / 03:09
Manufacturing security Analysis Research Trade rights International Syngene International shares in focus on acquiring first US biologics facility for $36.5 million
Syngene International will be in focus on Tuesday after the company announced that it acquired its first biologics facility in the United States from Emergent Manufacturing Operations Baltimore, a unit of Emergent BioSolutions, for $36.5 million. “The new site will increase Syngene’s single-use bioreactor capacity to 50,000L for large molecule discovery, development, and manufacturing services. Additionally, it will provide Syngene’s customers with continuity of supply from its four development and manufacturing facilities located in India and North America, offering services ranging from cell line development, process optimization, and both clinical and commercial supply,” the company said in its press release.
11.03 / 03:09
markets COST Digital Trade President War Mukesh Ambani's big bets at risk from Trump, Musk & US rivals
Mukesh Ambani can’t afford to have Donald Trump smash open the latch with a sledgehammer. But that is how the threat is unfolding. The concern in New Delhi is that any retaliatory trade action by Washington will cover broader ground than just India’s “massive tariffs,” as the US president characterized them Friday. American firms do “very little business inside” the most-populous nation, Trump said. Indian conglomerates enjoy varying degrees of protection from foreign competition. While nearly all of them are at risk from concessions to avoid a trade war, Ambani’s empire appears to be unusually vulnerable.
11.03 / 03:09
markets Citi Strategy economy WhatsApp recommendations Citi downgrades US stocks allocation
Citi downgraded their U.S. stocks recommendation to neutral and upgraded China, figuring the U.S. economy may no longer outpace the rest of the world in the coming months. «We had not fully implemented our view that U.S. exceptionalism is at least pausing, but this has become clearer,» Citi's global head of macro, asset allocation and emerging market strategy, Dirk Willer, said in a note dated March 10.
11.03 / 03:09
markets UPS Analysis wellness trends Trade rights Expect a tumultuous market for rest of this month and first few days of April: Deepak Shenoy
Deepak Shenoy, Founder, Capital Mind, says from April 2nd, universally the reciprocal tariffs are in place. Given that, the next month is going to be volatile regardless of what happens. But I find that in markets, price uncertainty affects badly. That means markets just go down regardless of what the fundamentals might turn up. Stability will come only with some layer of certainty. We should look at the rest of this month and maybe the first few days of April as going to be tumultuous in the markets regardless. What do you make of the markets right now because the week gone by has been really good, but then comes Monday. Indeed, a volatile trading session. But given this weakness that we are seeing right now, what is your sense? Is this volatility here to stay? And what is the long-term trend that you are focusing on? Deepak Shenoy: There is a weakening trend in general. The rupee has weakened as well today, 20 odd paisa. There has also been a reversal in the market. But I feel this is mostly related to the uncertainty at a global standpoint because nothing meaningful in India has changed so far. One of the biggest threats right now is tariffs and what we will do to perhaps address them.
11.03 / 02:17
UPS Action Trade President country Relationships US, China discuss a Trump-Xi summit for June
Subscribe to enjoy similar stories. Washington and Beijing have begun discussions about a potential “birthday summit" in June in the U.S. between President Trump and Chinese leader Xi Jinping, according to people familiar with the matter.
11.03 / 02:17
markets economy wellness Trade President love show How Trump provoked a stockmarket sell-off
Subscribe to enjoy similar stories. THE SELL-OFF shows no sign of stopping. America’s S&P 500 index dropped by another 3% on March 10th, leaving the world’s most watched stockmarket down by almost 9% since its peak last month.

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