Usa Financial News
12.11 / 14:35
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On resolutions relating to situation in W.Asia, India votes in favour of 5, abstains on one
India voted in favour of five resolutions relating to the situation in the Middle East, including one that condemned Israeli settlement activities in the Occupied Palestinian Territory, and abstained on one resolution. The Fourth Committee (Special Political and Decolonization) of the UN General Assembly approved six draft resolutions on November 9 all by recorded votes, relating to the situation in the Middle East, including the Palestinian question.
12.11 / 13:49
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Amid war with Hamas, Israel announces ‘historic agreement’ to sell air defence system to NATO member Finland
Benjamin Netanyahu's cabinet minister announced a 317 million euro ($340 million) deal for the sale of its David's Sling air defence system to new NATO member Finland. Israel has been bombing Palestine's Gaza for 38 days, killing over 11,100 civilians and Hamas fighters.
12.11 / 13:03
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A fragile global economy is at stake as US and China seek to cool tensions at APEC summit
So when Washington and Beijing do economic battle, as they have for five years running, the rest of the world suffers, too. And when they hold a rare high-level summit, as Presidents Joe Biden and Xi Jinping will this week, it can have global consequences. The world's economy could surely benefit from a U.S.-China detente.
12.11 / 13:03
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Retail investors should avoid derivative trading: NSE chief’s message on Diwali Muhurat day
Ashishkumar Chauhan today warned retail investors against dabbling in the high-risk world of derivatives. “Stock market is meant for long-term wealth creation. An unpleasant experience disheartens the affected investors to enter the stock market ever again.
12.11 / 10:55
Google
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Apple
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Tim Cook, Sundar Pichai extend Diwali greetings, Apple CEO shares snap clicked by Indian iPhone 15 user
Also Read: Diwali gifts: Taxable or tax-free? Decoding the rules for a hassle-free festival “Happy Diwali," Tim Cook wrote on X, while sharing the a snap of Diwali celebration clicked by Chandan Khanna. In the picture, people were releasing sky lanterns to celebrate the festival of light. Also Read: ‘…maybe a week’: Edelweiss MF's Radhika Gupta compares Diwali break in India with Christmas-New Year holidays in West The photo was clicked by Chandan Khanna, who is a photojournalist working with news agency AFP.
12.11 / 10:55
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India-Canada row: Justin Trudeau doubles down on claim, says ‘if bigger countries violate law without consequences…’
Nijjar Killing Row: Canadian Prime Minister Justin Trudeau on Sunday reiterated his claim that they had reached out to India in connection with the pro-Khalistan terrorist Hardeep Singh Nijjar's killing. PM Trudeau also said that Canada "will always stand up for the rule of law".
12.11 / 10:55
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‘Diwali 2023: Market outlook positive for Samvat 2080; several midcaps, smallcaps available at reasonable prices’
Rahul Jain, President and Head of Nuvama Wealth is positive about the Indian market for the Samvat 2080 even though he thinks there may be some volatility due to domestic and global factors. In an interview with Mint, Jain said sectors such as renewables, capital goods, defence, electricity, power-associated sectors, and infrastructure may do well in Samvat 2080. Edited excerpts: In the period post-Diwali, the markets faced a sluggish period for a few months followed by a noteworthy correction.
12.11 / 10:49
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"If bigger countries violate..." Canada PM Justin Trudeau attacks India again
Justin Trudeau has reiterated his allegation that India violated the Vienna Convention after over 40 Canadian diplomats moved out amidst a diplomatic row between the two countries. Responding to a media query on Saturday, Trudeau said that Canada wants to «work constructively» with India on the «serious matter» of the killing of Khalistterrorist Hardeep Singh Nijjar on Canadian soil and said his country «will always stand up to the rule of law.» He said, «We have been very, very clear that we want to work constructively with India on this very serious matter. From the very beginning, we shared the real allegations that we are deeply, deeply concerned about.
12.11 / 09:53
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Heavy fighting rages near main Gaza hospital as Netanyahu dismisses calls for a cease-fire
Gaza City overnight and into Sunday as ground forces battled Hamas militants near the territory's largest hospital, where health officials say thousands of medics, patients and displaced people are trapped with no electricity and dwindling supplies. In a televised address on Saturday, Prime Minister Benjamin Netanyahu rejected growing international calls for a cease-fire unless it includes the release of all the nearly 240 hostages captured by Hamas in the Oct. 7 rampage that triggered the war, saying Israel was bringing its «full force» to the battle. Israel has vowed to end Hamas' 16-year rule in Gaza and crush its military capabilities, while blaming the militants for the war's heavy toll on the 2.3 million Palestinians trapped in the besieged territory. Israel has come under mounting international pressure, even from its closest ally, the United States, as the war enters a sixth week.
12.11 / 07:36
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India votes in favour of UN resolution against Israeli settlements
India has cast its vote in favor of a United Nations resolution denouncing Israeli settlements in the Occupied Palestinian Territory, including East Jerusalem, and in the occupied Syrian Golan, as per media reports. The resolution, which was passed on Thursday, garnered support from various nations, highlighting global concern over settlement activities. According to reports, the resolution faced opposition from seven countries, including the United States and Canada, while eighteen countries opted for abstention.
12.11 / 07:12
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Inside Google’s mothballed plans to quit search in Australia
Google’s threat to withdraw from Australia over laws that would force it to pay for new content was not an idle one – it even designed what users would see instead, internal emails filed in a major court case in the United States reveal.
12.11 / 06:43
Target
Digital
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information
Unmasking data thieves, their motivation and dark marketplace
cybersecurity incidents. Who is behind the alarming spate of personal data breaches, and what drives their motivation? Several high-profile breaches have come to light, exposing the personal information of thousands of individuals. The incidents have targeted a range of sectors, including banking, healthcare, and ecommerce, raising concerns about the vulnerability of sensitive data in the digital age.
12.11 / 06:13
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prevention
Deepfakes reveal dark side of AI, call for stringent laws
Deepfakes, which first emerged on the scene in 2019 with fake videos of Meta CEO Mark Zuckerberg and former US House Speaker Nancy Pelosi, are the 21st century's alternative to Photoshopping — creating images and videos of celebrities via a form of artificial intelligence (AI) called deep learning. If you have seen former US President Barack Obama calling Donald Trump a «complete dipshit», or Zuckerberg having «total control of billions of people's stolen data» — and more recently a deepfake video of actor Rashmika Mandana that went viral on social media — you probably know what deepfake is.
12.11 / 05:43
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US star Rapinoe departs football with injury and defeat in NWSL final
Megan Rapinoe limped out of the final game of her storied career Saturday, suffering a suspected torn Achilles tendon less than three minutes into the National Women's Soccer League Final which her OL Reign team lost to NJ/NY Gotham FC. No other players were near Rapinoe when she went down on the pitch, a stunned crowd at Snapdragon Stadium holding their breath as medical staff attended her. After several minutes, the dejected OL Reign star limped off the field, fans giving her a massive ovation as she was replaced by Bethany Balcer. The 38-year-old American had vowed the match was «really the last one,» in a career that included World Cup titles in 2015 and 2019 and gold at the 2012 London Olympics. Despite her many achievements, Saturday's defeat means Rapinoe retires from the game without an NWSL championship title. «It was a tough one. Definitely not how I envisioned this last one going,» a tearful Rapinoe said after the game.
12.11 / 05:43
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Gold slips on receding geopolitical concerns
gold closed with a loss of 1.08% at $1938.28 Friday as safe haven demand for the metal is weakening due to no further escalation in the ongoing Hamas-Israel war. Israel has agreed to four-hour pauses in the Gaza strip to allow humanitarian aid and assistance. It has been reported that Hamas and Israel are negotiating over release of the hostages, pauses and aids.
12.11 / 05:39
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Man arrested after $11.7M worth of magic mushrooms found in Connecticut home
Police in Connecticut discovered an enormous amount of psychedelic mushrooms and an underground growing operation at the home of a 21-year-old man last week.
12.11 / 03:59
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Inside
Department
gatherings
'Sushasan Babu' to 'Gandi Baat': Nitish taints his image with loose talk
Nitish Kumar created a furore inside and outside the House. Not only did it bring embarrassment to his party, he faced criticism for his inappropriate words even from abroad. Right from African-American actress-cum-singer Mary Millben, to Prime Minister Narendra Modi, a whole lot of people slammed Nitish Kumar for his speech. Nitish Kumar may have made an inappropriate speech for the first time in his long political career of 46 years, but of late he has been making many errors during his speeches at public events. Last month he stunned everyone at a function by calling himself "Faltu Mukhya Mantri."
12.11 / 03:30
economy
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Bill
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Moody's downgrades US debt rating outlook to negative
For now, the agency has maintained its Aaa rating on US government debt. The US Treasury immediately voiced its disagreement with Moody's decision. «The American economy remains strong, and Treasury securities are the world's preeminent safe and liquid asset,» Deputy Secretary of the Treasury Wally Adeyemo in a statement. «The Biden Administration has demonstrated its commitment to fiscal sustainability, including through the more than $1 trillion in deficit reduction included in the June debt limit deal as well as President Biden's budget proposals that would reduce the deficit by nearly $2.5 trillion over the next decade.» The US budget deficit, published last month for the 2023 fiscal year ending September 30, has widened to $1.7 trillion. Due to interest rate hikes by the US central bank to curb inflation, the cost of debt for the United States has ballooned, with Washington paying $162 billion more for interest in the last fiscal year compared to 2022.
12.11 / 02:53
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Google Doodle celebrates Father's Day with illustration in honour of fatherhood
child's development beginning from the incubation period. Father's Day is celebrated on the second Sunday of November in Finland. This year Father's Day will be celebrated today on, November 12, which is an established flag flying day.
12.11 / 02:53
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US House Speaker Johnson floats two-step measure to avert gov't shutdown
Mike Johnson unveiled a Republican stopgap spending measure on Saturday aimed at averting a government shutdown a week from now, but the measure quickly ran into opposition from lawmakers from both parties in Congress. Unlike ordinary continuing resolutions, or "CRs," that fund federal agencies for a specific period, the measure announced by Johnson would fund some parts of the government until Jan.
12.11 / 02:53
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2020
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Trump plans sweeping undocumented immigrant roundups, detention camps
Donald Trump, if re-elected in 2024, would expand his first-term immigration crackdown to include sweeping roundups of people who would be held in large camps to await deportation, the New York Times reported on Saturday. The report was based on interviews with several advisers, including Stephen Miller, who oversaw Trump's first-term immigration policies, the Times said. It described Trump's plans as "an assault on immigration on a scale unseen in modern American history" and said it aimed to deport millions of people every year, including those who have been settled in the United States for decades.
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