Usa Financial News

Slovakia’s new government of populist Prime Minister Robert Fico has approved an amendment to the country’s penal code to close the special prosecutor’s office that deals with the most serious crimes and corruption

Members of Hollywood’s actors union have voted to ratify the deal with studios that ended their strike after nearly four months

China has intensified a crackdown on online scams operated in border areas of Myanmar

Indian equity indices continued their rally for the seventh straight session to hit fresh record highs on Wednesday. The rally was driven by gains in Reliance Industries, ITC and L&T amid persistent foreign fund inflows. Foreign institutional investors (FIIs) on Wednesday sold stocks of Indian companies worth ₹11,916.30 crore and bought stocks for ₹11,836.42 crore, resulting in an outflow of ₹79.88 crore, according to NSE data.

Levi's Unbuttoned' author Jennifer Sey says Americans are rejecting ideologies built on lies on 'The Bottom Line.'

Belt and Road Initiative (BRI) of China, four years after signing the project, news agency AFP reported Wednesday citing a government source. Italy in 2019 became the first and so far only G7 nation to join the programme. Rome communicated the long-anticipated decision to Beijing three days ago, Italian newspaper Corriere della Sera, which first reported the news, said.

Adani Group has plans to invest USD 75 billion on energy transition initiatives by 2030, its chairman Gautam Adani said on Wednesday. The investments will boost the group's vision to have 45 gigawatt of renewable energy capacity by 2030, Adani said in a statement.

JPMorgan Global Equity Premium Income UCITS ETF (JEPG) aims to offer investors 7-9% annualised income, paid monthly, with less volatility than its benchmark.

Terraform Labs co-founder, Do Kwon, has officially filed an appeal against the extradition decision of the High Court in Montenegro.

Storch Advisers CEO Gerald Storch discusses the retail industry and consumer health on ‘Varney & Co.’

WASHINGTON—During more than a dozen phone calls to discuss the war in Gaza between President Biden and Prime Minister Benjamin Netanyahu, a U.S. official, who has become increasingly involved in the administration’s handling of the conflict, was listening in: Vice President Kamala Harris.

The term “net asset value," or NAV, is so commonplace for anyone buying a mutual fund, investors hardly give it a second thought. It has a standard definition. The number is audited annually.

GST) in FY23 and FY24 up to October, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday, December 5. The update from the minister has received mixed responses from the eGaming sector.

Microsoft's $69 billion deal to buy "Call of Duty" maker Activision Blizzard was legal under competition law, in their latest attempt to stop the deal. Microsoft closed the deal, originally proposed in January 2022 as the biggest acquisition in the history of the gaming industry, on Oct. 13 of this year after obtaining the approval of British regulators.

Gautam Adani has proved to be a windfall for emerging-market investor Rajiv Jain, just nine months after his firm GQG Partners Inc. bought into the Indian conglomerate. The combined market value of the 10 companies controlled by the Ahmedabad-headquartered Adani Group has increased by more than $79 billion since the purchase by GQG on March 2.

rupee ended stronger on Wednesday, aided by equity-related inflows even as sustained dollar demand from local oil companies ate into some of its gains. The rupee ended at 83.3250 against the U.S. dollar, stronger than its close at 83.3825 in the previous session. Inflows helped the rupee climb to an intraday high of 83.30 but «at lower levels (on USD/INR), dollar demand continues to emerge,» Dilip Parmar, a foreign exchange research analyst at HDFC Securities, said. Oil companies were seen bidding for dollars through the session on Wednesday while other importers also bought the greenback when the rupee ticked up to 83.30-83.31, a foreign exchange trader at a foreign bank said. The dollar index was steady at 103.96 while most Asian currencies were rangebound. The 10-year U.S.

startups as on October 31, Parliament was informed on Wednesday. These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that includes income tax exemption for three years. Replying to a question in the Lok Sabha, Commerce and Industry Piyush Goyal said the action plan includes 19 items spanning across areas such as simplification and handholding, funding support and incentives and industry-academia partnership and incubation.

French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange.

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The presence of U.S. military bases on the Japanese island of Okinawa, regularly used by Canadian Armed Forces members, is coming under criticism from locals who are Indigenous to those lands.

(Reuters) — The global wind power sector will add less capacity in the next decade than previously expected due to financial trouble in the U.S. offshore wind industry and sluggish approval and project execution in China, consultancy Wood Mackenzie said on Tuesday.