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B2B e-commerce platform Bizongo split its raw material marketplace BizongoBuy and embedded supply chain finance platform Biognosis into new and larger businesses, each to be led by a new chief executive officer. The group--backed by Accel and IFC—also appointed a chief technology and product officer, and chief financial officer, strengthening its senior leadership. Former banker Kiran Dev has been named CEO to lead BizongoFin, the fintech arm specialising in embedded supply chain financing solutions to address the more than $300 billion unmet SME credit needs. With over 19 years of experience, including leadership roles at Disprz and Standard Chartered Bank, she will play a critical role in delivering flow-based embedded financing to SMEs.

FOX Business’ Jeff Flock reports on the latest news emerging from the auto industry as data reveals insurance prices have surged year-over-year.

The Commerce Department delivers its latest snapshot of U.S. retail sales Tuesday

National Green Tribunal (NGT) by the Central Pollution Control Board (CPCB) has revealed that some flame-retardant chemicals found in car cabin air, which may be carcinogenic, are not listed under the Manufacture, Storage, and Import of Hazardous Chemicals Rules 1989. This report highlights a potential regulatory gap, as these rules were issued by the Union Ministry of Environment. The CPCB’s report, dated September 10, 2024, noted that no testing had been conducted on these chemicals and recommended that the tribunal consult agencies overseeing automobile safety standards, which are regulated by the Ministry of Road Transport and Highways. This issue gained attention in June when the NGT’s principal bench, led by Justice Prakash Shrivastava, took suo motu notice of a media report indicating the presence of «carcinogenic flame retardants» in cars. The claim, which is being investigated by the US National Toxicology Program, prompted the NGT to request a report from CPCB on the matter.

Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years. India is making itself stand apart from the rest of the world because it is driven by domestic flows. It is driven by much stronger fundamentals. While a correction cannot be ruled out, we are not on the verge of a crash or any crisis that will lead to capital disruption. Right now, the big trigger is going to be coming in from the Fed midweek, but other than that, it is a global rally in place, be it for the US, be it for us. For us, the FIIs also now have made a comeback. How are you feeling about the market? Ravi Dharamshi: There is a lot of scepticism, justifiably through the valuations. But valuations are a necessary condition, not a sufficient condition for the markets to correct. I would say the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years.

Subscribe to enjoy similar stories. The year 1979 was a pivotal one in Sino-American relations. On a historic visit to the US, Deng Xiaoping, China’s paramount leader, met with US President Jimmy Carter at the White House and attended the Round-Up Rodeo in Simonton, Texas, where he donned a ten-gallon hat and charmed the crowd.

Subscribe to enjoy similar stories. The odds-on bet across financial markets globally is on a rate cut this week by the US Federal Reserve, now that inflation there looks closer to its 2% target and weak job growth is in focus. A rate reduction would mark a reversal of the central bank’s hiking spree that elevated America’s policy rate from 0-0.25% in early 2022 to 5.25-5% by mid-2023 to quell an outbreak of inflation it mistook as transitory.

Donald Trump Assassination Live Updates: Former United States President and Republican nominee for the 2024 US elections, Donald Trump has survived a second assassination attempt after shots were fired near the Trump International Golf Course in West Palm Beach, Florida on September 15, 2024, reports said.This shooting incident comes only two months after Trump was shot at during an election rally. The AP reported that US Secret Service agents opened fire after seeing a person with a firearm near the golf course on Sunday.An AK-style firearm was recovered near the golf course, the AP reported.Spokesperson Anthony Guglielmi in a statement on social media platform X (formerly known as Twitter), said that the Secret Service is investigating “a protective incident involving Trump" which happened shortly before 2 pm on September 15.Trump SafeIn a fundraising email, Trump assured his supporters and addressed the situation, stating, “There were gunshots in my vicinity, but I want you to hear this from me first: I AM SAFE AND WELL! Before rumours get out of hand, know that I am okay.

Donald Trump. Republican Senator from South Carolina has made these claims during Fox News Sunday programme. The lawmaker also claimed that he was also worried about nuclear tension with Iran. Nearly 3,000 people were killed in the deadliest terror attack in US history on September 11 in 2001 when two out of the four planes hijacked by Al Qaeda terrorists crashed into each of the Twin Towers of the World Trade Center in Lower Manhattan. Another plane was crashed into the Pentagon, and the fourth crashed in a field in rural Pennsylvania after passengers tried to thwart the hijacking.

In a $115 million settlement, while admitting no wrongdoing, tech behemoth Oracle has agreed to settle a class action lawsuit over allegations it tracked consumer activity both on and offline

U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week

Just hours after it began, legal betting on the outcome of U.S. Congressional elections has been put on hold by a federal appeals court

Subscribe to enjoy similar stories. Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made his own move on Germany’s Commerzbank.

US stock market indexes — S&P 500, Nasdaq, and Dow Jones — will be look up to the Federal Reserve. There are worries over the economy as well as the uncertainty on how much the U.S. central bank will cut interest rates at its monetary policy meeting. The S&P 500 index is just 1% shy of its July record high despite weeks of market swings sparked by worries over the economy and seesawing bets on the size of the cut at the Fed's September 17-18 meeting. With the S&P 500 up about 18% so far this year, it may not take much to disappoint investors with next week's Fed meeting. While the renewed hopes for a bigger cut were boosting large cap indexes on Friday the optimism seemed most evident in the Russell 2000 small cap index, which rose 2.5% on the day and 4.4% for the week.

President Joe Biden has voiced his opposition to Nippon Steel buying U.S. Steel, but the federal government appears to be in no hurry to block the deal

Subscribe to enjoy similar stories. Automobile giant Ford Motor Co., which stopped manufacturing vehicles in India in August 2022, plans to resurrect its manufacturing facility in Chennai, Tamil Nadu to use India as an export hub. Observers may wonder why the American carmaker has decided to return to India.

Walgreens agreed to pay $106 million to settle lawsuits that alleged it submitted false payment claims with government health care programs for prescriptions that were never dispensed

The American embassy in Dhaka says a high-level U_S_ delegation has met with the head of Bangladesh’s interim government, Nobel laureate Muhammad Yunus, to affirm “dedication to fostering inclusive economic growth."

The Toronto International Film Festival’s People’s Choice Award has gone to “The Life of Chuck.”

Volodymyr Zelenskiy told CNN in an interview aired on Sunday. Russia has been gaining ground in parts of eastern Ukraine including around Pokrovsk. Capture of the transport hub could enable Moscow to open new lines of attack. Zelenskiy said the situation in the east was «very tough», adding that half of Ukraine's brigades there were not equipped.

A federal bill has been proposed to ban in-game advertising and bets on college athletes