Usa Financial News
13.12 / 03:37
markets
MET
Fighting
Software
President
reports
Canadian premiers urge Trudeau to respond robustly against Trump's tariff threats, suggest cutting energy supplies
Justin Trudeau to 'respond robustly' and some suggested cutting off energy supplies and highlighted other products that the US «relies on» Canada for, CBC News reported. Trudeau met with Canada's premiers on Wednesday to discuss Ottawa's plan to address Trump's concerns, the second meeting since Trump threatened to impose steep tariffs on Canadian imports after he will be sworn in as President in January. Canada's Finance Minister Chrystia Freeland, who was at Wednesday's meeting, says some premiers are in favour of robust response to threatened US tariffs, CBC News reported.
13.12 / 02:15
markets
UPS
Strategy
Analysis
Trade
Experts
Australia, NZ dollars under pressure as US yields climb
Chinese stimulus offered only a sliver of support. They drew some comfort from an outsized rate cut in Switzerland that saw the Aussie jump 1.3% on the Swiss franc, while an easing from the European Central Bank helped it firm on the euro.
13.12 / 02:15
markets
Analysis
Trade
Experts
Patterson
Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain
Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off expectations of higher demand next year from Chinese stimulus measures, while eyeing another Federal Reserve interest rate cut next week. Brent crude futures edged down 8 cents to $73.33 a barrel by 0125 GMT while U.S. West Texas Intermediate crude was at $69.95 a barrel, down 7 cents.
13.12 / 01:51
markets
Digital
Software
War
country
rights
Syria govt pledges 'rule of law' after Assad's overthrow
Syria's interim government vowed on Thursday to institute the «rule of law» after years of abuses under ousted president Bashar al-Assad, as the United States warned against any action that risked triggering further conflict. Assad fled Syria after a lightning offensive spearheaded by the Islamist Hayat Tahrir al-Sham (HTS) group and its allies, which brought a sudden end to five decades of repressive rule by his clan. Syrians across the country and around the world erupted in celebration after enduring an era during which suspected dissidents were jailed or killed, and nearly 14 years of war that killed more than 500,000 people and displaced millions.
13.12 / 01:13
markets
Action
security
Strategy
Research
Trade
recommendations
Pre-market action: Here's the trade setup for today's session
«We expect markets to trade in a range with a positive bias, on the back of easing retail inflation and favourable global cues,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.
13.12 / 01:13
markets
Manufacturing
Strategy
Apple
Software
Schools
rights
Amid uncertainty over Trump's policies, US companies hold India investments
Trump's election has put US companies and those who have American companies as top clients in a 'wait and watch' mode, as they have put a pause on making further investments in India. This is causing worry among several state governments, with officials telling ET that companies are holding off on finalising large investments as they await clarity on Trump's policies after his inauguration as President on January 20. Several of them also expect the Trump administration's policies to favour India over China and see it as a positive for Indian businesses. «There is too much uncertainty right now,» one person from a large electronics manufacturing services firm said. «Any further investment into India is on hold until we get clarity on what Trump's policies will be,» the person said. «We are also heavily reliant on our clients and their strategy to base our next moves and at the moment our clients are not wanting to commit to anything further as they may have to set up more factories in the US. We will ultimately go where the client wants.»
12.12 / 22:37
Citizens
Fox
Strategy
Software
Election
country
reports
Going for Greenland again? Will Trump buy land to expand USA amid his Canada taunts? A Fox News host says it could become a reality in the next 4 years
Donald Trump had claimed that Canada should become US' 51st state, rather than an independent country, a statement that has brough in a lot of criticism from Canadian leaders and citizens. Meanwhile, with Trump coming to power in January, there are high chances that the United States may indulge in some major land purchasing deals, and expand its territories further.
12.12 / 20:59
markets
UPS
Digital
Strategy
Software
Fallout
SpaceX
Jimmy Kimmel says, Donald Trump and Elon Musk's friendship may soon blow up like a SpaceX rocket
Jimmy Kimmel humorously speculated on the potential fallout between US President- elect Donald Trump and renowned tech billionaire Elon Musk specifically if Elon Musk ends up winning the Time magazine's 2024 ‘Person of the Year’ over Donald Trump, reported Huffpost. According to Huffpost, Jimmy Kimmel actually quipped that such an outcome would lead to their relationship ending dramatically while likening it to a SpaceX rocket explosion. Also Read: Who is Matthieu Blazy? Here’s what you need to know about him
12.12 / 20:59
markets
Software
Election
President
Department
Investigations
Should Joe Biden pre-emptively pardon Hillary Clinton ahead of Trump taking office? Here's what Bill Clinton says
former US President Bill Clinton actually discussed the possibility of US President Joe Biden preemptively pardoning his wife named Hillary Clinton amidst threats of further investigations from US President- elect Donald Trump ally Kash Patel, reported Daily Beast. According to Daily Beast, Bill Clinton eventually emphasized on the fact that Hillary Clinton did nothing wrong at all regarding the email controversy while noting that the State Department of Donald Trump actually found no evidence of her sending classified emails from her personal device. He also expressed his severe skepticism about the need for a pardon while suggesting that any accusations made by Kash Patel would likely be fabricated.
12.12 / 20:59
markets
Software
NVIDIA
Experts
Justice
reports
Courts
US Supreme Court allows a shareholder lawsuit to continue after granting bail in the NVIDIA case
US Supreme Court grants bail in the NVIDIA case, permitting a shareholder lawsuit to move forward. The technical details of the hearing seemed to overwhelm the justices. The NVIDIA case that the US Supreme Court had previously agreed to hear was dismissed as improvidently granted. The ruling permits the majority of the shareholder lawsuit against the chip manufacturer to move forward, as quoted in a report by Engadget. A pension fund and an investment firm filed the lawsuit against NVIDIA, alleging the company misled investors about its dependence on the cryptocurrency mining sector. The lawsuit alleges that before a 2018 crash that caused the chip maker's stock prices to plummet, NVIDIA concealed its reliance on the market.
12.12 / 20:59
markets
UPS
Digital
Software
Trade
Experts
PAM
India's growth story is more balanced than China's: BCG experts
India's growth story may not have been as sparkling as China's but it's more balanced, thanks to its more judicious investment-consumption mix, Boston Consulting Group's global chief economist Philipp Carlsson-Szlezak said. «When you look at it carefully, China's growth has been very unbalanced-very much focused on capital accumulation, neglecting consumption. And that is now catching up with China,» he told ET in an interview. «To me, from afar at least, it looks like India is on a more balanced path. I presume you can do a lot more capital investment-both public and private. But the fact that consumption is already a significant share of output, to me, it looks much more balanced,» he added. However, additional tariffs on Chinese goods, as pledged by US president-elect Donald Trump, may not necessarily divert massive investments by global corporations away from China, he reckoned.
12.12 / 20:59
Booking
Platform
wellness
President
Meta Ceo
reports
donates
Relationships
After prison threat, Meta's Mark Zuckerberg trying to mend bridges with Donald Trump; donates staggering $1 million for the President-elect's inauguration
Mark Zuckerberg may not have had a great relationship with current US President-elect Donald Trump but it now looks like he is preparing to repair this relationship by donating a whopping $1 million for the inauguration ceremony scheduled in January. At the start of the next year, Donald Trump will be taking over the role of US President from Joe Biden, and his swearing-in ceremony is reportedly going to be one of the grandest ones in US history.
12.12 / 20:37
12.12 / 20:37
security
Remark
Boxing
wellness
Trade
country
prevention
trump tariffs
Ontario to restrict electricity exports to US and bar American-made alcohol if Trump tariffs applied
A senior official in Canada’s most populous province says that Ontario could bar American-made alcohol and restrict electricity to three U.S. states if President-elect Donald Trump imposes sweeping tariffs on all Canadian products
12.12 / 20:17
markets
UPS
Gap
economy
Research
rights
Posthaste: What the Bank of Canada's second jumbo rate cut means for the Canadian dollar
You might have thought the Bank of Canada‘s latest interest rate cut — a second consecutive 50-basis-point whopper — would have sent the loonie plunging, but you were wrong if you did.
12.12 / 20:17
Citi
Trade
Bitcoin
show
Interviews
Predicting Trump rush, Vancouver votes to ‘get ahead’ on bitcoin
Vancouver adopted a policy that could lead to it using bitcoin in city finances — prompted in part by the return of U.S. president-elect Donald Trump.
12.12 / 19:15
UPS
MET
President
Freedom
country
rowing
BJP's Nishikant Dubey drags Rajiv Gandhi Foundation & Sonia Gandhi in Soros row; LS adjourned again
Lok Sabha plunged into protests and adjourned till 2 pm on Wednesday after BJP's Nishikant Dubey alleged that the Rajiv Gandhi Foundation and Sonia Gandhi had links with George Soros and FDL-AP, which had advocated freedom for Kashmir, and claimed the «Soros-funded» Global Knowledge Initiative run by Sam Pitroda bore the expenses of Rahul Gandhi's trips to the US for meeting with some contentious outfits/persons. Dubey's charges triggered a furore with the Congress benches denouncing the charges, with a couple of them briefly walking up to the podium of the Chair, while BJP MPs rallied around Dubey, prompting the Chair to adjourn the House till afternoon. Raising the issue during Zero Hour in the form of more questions to Rahul Gandhi (who was not present), Dubey asked: «What relations do the Rajiv Gandhi Foundation and Sonia Gandhi have with FDL-AP (Forum of Democratic Leaders in the Asia-Pacific ), which considers Kashmir as a separate country? The FDL-AP is funded by Soros. What is the relation between Soros and Sonia Gandhi? Sam Pitroda, Chairman of the Overseas Friends of Congress, runs the Global Knowledge Initiative which is also funded by Soros, and the Global Knowledge Initiative and Pitroda bore the expenditure of Rahul Gandhi's tours to the US, where he met Khalistanis… What is the relation of Rahul Gandhi, Pitroda, Soros and Global Knowledge Initiative?» The Congress MPs protested against Dubey's allegations, and in the din, the Chair adjourned the House.
12.12 / 19:15
WhatsApp
Refugees
War
India backs UNGA resolutions on Gaza ceasefire and UNRWA
UN Relief and Works Agency for Palestine Refugees that Israel is seeking to ban. UNGA on Wednesday voted 158-9, with 13 abstentions, to demand an immediate ceasefire in Gaza and 159-9, with 11 abstentions, in support of the UN agency — UNRWA. The voting was held after two days of speeches that called for an end to the 14-month war between Israel and Hamas. Israel and the US voted against the resolutions. The resolution demanded an immediate and permanent cease-fire to be respected by all parties, while also reiterating a demand for immediate and unconditional release of all hostages.
12.12 / 19:15
markets
Digital
security
Strategy
Research
Experts
PAM
India's 6G technology ambitions run into funding challenges
Top industry executives have decried the government's modest ₹1,100 crore FY25 budgetary allocation, amounting to 0.03% of the GDP, for telecom-related R&D, including allocations towards the IndiaAI Mission and design-linked incentive scheme. They termed it an unrealistic and feeble attempt to aspire for leadership on the global 6G stage. More so, since the actual FY25 budgetary allocation to the Department of Telecommunications (DoT) for R&D is just Rs 400 crore.
12.12 / 18:51
markets
Blockchain
Career
Platform
Software
Experts
PAM
Crypto bull run drives demand for courses in blockchain tech
From blockchain developers to smart contract specialists, professionals across domains are vying to acquire in-demand skills, as companies, particularly in banking and IT, embrace blockchain for secure and scalable solutions. The post-2021 bull run and NFT boom have introduced blockchain to the mainstream, creating a wave of professionals eager to transition into the crypto and Web3 space.
12.12 / 18:17
FIVE
Reuters
security
WhatsApp
travelers
'Taiwan Officials in US for Talks with Trump's Transition Team'
WASHINGTON: Two senior members of Taiwan's government are in the United States to meet people connected to President-elect Donald Trump's transition team, five sources told Reuters, in an effort by Taiwan to establish ties with the incoming administration. Lin Fei-fan and Hsu Szu-chien, both deputy secretaries-general of Taiwan's National Security Council and several of their staff have traveled to the Washington area for meetings through this week, the sources said on condition of anonymity.
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