Usa Financial News
10.08 / 15:09
Election
Forbes
Immunic
President
Justice
reports
Courts
Will Donald Trump’s federal trial begin before the 2024 US Election?
Donald Trump concerning his alleged attempt to overturn the 2020 election has encountered a significant delay. U.S. District Judge Tanya Chutkan, overseeing the case, granted Special Counsel Jack Smith's request for additional time to propose the proceedings, making it highly unlikely that the trial will commence before the upcoming Election Day.
10.08 / 14:53
markets
UPS
economy
President
pop
prevention
Is August the dangerous month in the financial calendar
August one of the most dangerous months in the financial calendar of any economy? This question popped up after a meltdown in the US market triggered worldwide mayhem last week. Though the US Federal Reserve's Chairman Jeremy Powell rushed to indicate a cut in the interest rates in September, he could not prevent the Japanese stock markets from crashing. People also recalled the crash of the US market after the Iraqi forces under Saddam Hussein crossed the border on August 2, 1990, and invaded Qatar. Fears of the crude oil prices skyrocketing and destabilizing the oil market dynamics hit the capital market hard and it collapsed.
10.08 / 14:23
UPS
Citi
WhatsApp
Paris Olympics 2024 closing ceremony date, time, free live streaming: Where to watch Los Angeles Olympics 2028 glimpse online, TV
Paris Olympics 2024 closing ceremony is scheduled to take place on Sunday, August 11. The XXXIII Olympiad or Summer Olympics 2024, which began on July 26, is all set to culminate as Los Angeles gears up to host the prestigious event.
10.08 / 12:27
DELL
Micron
performer
2020
Courts
Micron, Dell, HP win appeal over conflict claims tied to US patent official
Micron, Dell and HP, finding that the decisions could stand even though the attorney who represented the tech companies later became the office's director. The US Court of Appeals for the Federal Circuit said the companies' adversary in the USPTO case, patent owner Unification Technologies, had not shown that Kathi Vidal's previous participation in the case influenced the administrative judges who invalidated its patents. Unification's lead attorney did not immediately respond to a request for comment on the decision. Micron, Dell and HP's attorney Linda Coberly of Winston & Strawn and a USPTO spokesperson declined to comment. Unification sued Micron, Dell and HP for infringing the patents, which relate to managing and deleting data in memory chips, in Texas federal court in 2020. The HP and Dell cases have since been dismissed, while the Micron case is ongoing. The tech companies — represented by Vidal, then a partner at Winston & Strawn — asked the USPTO's Patent Trial and Appeal Board (PTAB) to invalidate the patents later that year. President Joe Biden nominated Vidal to head the office in 2021 and she was confirmed in 2022, after which she recused herself from the case.
10.08 / 12:08
markets
Provident
Manufacturing
Trade
country
Pharmaceuticals
FIIs sold Indian stocks worth $1.3 billion this week. Will the sell-off deepen?
global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew $1.3 billion from the Indian stock market in the week. However, buying of around $2.2 billion worth of equities by domestic institutional investors last week limited the downside on Dalal Street. Sensex ended 1.6% lower on a weekly basis as global markets recouped losses after ' Black Monday' sell-off.
10.08 / 11:50
Hollywood
Anthem
performer
stage
Sporting
hockey
Olympics 2024 closing ceremony live telecast: List of performers, streaming details, timing in IST
Paris Olympics 2024: The world is eagerly awaiting the much-anticipated closing ceremony. Scheduled to take place at the iconic Stade de France, this event will not only mark the culmination of weeks of thrilling competition but also signal the countdown to the 2028 Summer Games in Los Angeles. In an exciting development, Team India has announced that veteran hockey goalkeeper PR Sreejesh and acclaimed shooter Manu Bhaker will have the honour of carrying the Indian flag during the Paris Olympics 2024 Closing Ceremony. Sreejesh played a pivotal role in India's campaign, making crucial saves against Australia during the group stage and in the penalty shootout against Great Britain in the quarterfinals. His outstanding performance continued in the bronze medal match, where his sensational saves secured India's victory. Alongside him, Manu Bhaker, who earned two bronze medals in Paris, will share the flag-bearing duties.
10.08 / 11:34
UPS
Racing
wellness
Rolex
band
beautiful
Sporting
Wear a wristwatch, because it’s a badass thing to do
I wrote a lament in this column regarding a number of excellent watch brands not being available in India. Amongst these, I counted such great favourites of watch enthusiasts like Tudor and Hamilton. I’d also mentioned some other such bugbears, like the lack of fantastic quartz Timex timepieces such as the Q chronograph and the Q GMT, as well as the mechanical Timex Marlin.
10.08 / 11:13
UPS
IPO
Software
International
Chinese robotaxi firm WeRide eyes up to $5 billion valuation in US IPO
autonomous driving startup WeRide said on Friday it was seeking a valuation of as much as $5.02 billion in its initial public offering in the United States. The IPO announcement comes at a time when the Biden administration is expected to propose barring Chinese software in autonomous and connected vehicles in the United States in the coming weeks. WeRide is aiming to raise as much as $119.4 million by offering 6.45 million American depositary shares at a price range of $15.50 and $18.50 per share.
10.08 / 09:54
Anthem
performer
beautiful
Features
athletics
volleyball
Olympics 2024 Closing Ceremony: Date, time, venue and other details
The organizers have mostly succeeded in highlighting Paris' beauty during the Games. Beach volleyball was played near the famed Eiffel Tower. However, holding events on the filthy Seine River proved more difficult. The closing ceremony is scheduled to begin at 0030 IST (Monday) and continue slightly more than two hours. It will feature typical features such as the athlete parade and the presentation of the Olympic flag to the 2028 Los Angeles Games organizers.
10.08 / 09:40
markets
Manufacturing
Dreams
trends
country
classical
International
When fashion’s fickleness put paid to Arvind’s denim dreams
Moon River in denim pedal pushers and a terry cloth turban in the 1962 classic Breakfast at Tiffany’s, she sparked not only a fashion revolution—she helped ignite an economic phenomenon. By the 1980s, denim had become a symbol of youth and minimalist style. Read this | When street fighter Manu Chhabria laid siege to Shaw Wallace Lalbhai recognized the potential for India, a country with a rich textile history but hampered by outdated machinery and processes, to make a mark in the global denim market.
10.08 / 09:35
Software
economy
country
information
2020
reports
India records fastest growth in intangible investments among major economies
India is the country among major global economies that experienced the fastest growth in intangible investment from 2011 to 2020, according to a recent report. The World Intellectual Property Organisation (WIPO) said in its report that India recorded the fastest growth in intangible investments, exceeding countries like Sweden and the US — the two most intensive economies in terms of intangible investment as a share of GDP.
10.08 / 09:29
Provident
awards
country
reports
Sporting
athletics
Olympics 2024 Prize Money: Here’s how much players at the Paris Olympics get for winning medals
Here is the list of award money athletes get for finishing on the podium in Olympics. Hong Kong and Singapore top the list for the highest cash payouts for Olympic victories.
10.08 / 05:25
markets
UPS
BTC
Opinion
Trade
Bitcoin
country
Will Indian investors become impacted if the US became the world’s Bitcoin superpower?
Donald Trump, former US President and GOP presidential nominee delivered his speech at the Bitcoin 2024 conference, it soon made headlines all across the world. Trump reiterated his plan to establish his country as the “Crypto Capital” and “Bitcoin Superpower” of the world — providing much hope to American crypto enthusiasts. Since Bitcoin was released, it has grown rapidly to become the top new asset class in the world. While world governments did not perceive it as a financial changemaker asset at first, the significant adoption rates globally have forced them to think otherwise. For instance, the US government did not have a high opinion of BTC and other cryptocurrencies in the past decade, but the scenario has changed drastically since then as Trump pledged to create a “strategic reserve” of Bitcoin for the US government. Additionally, Trump raised a significant amount of Bitcoin campaign funding which helped to bolster his claims as BTC price soared thereafter.
10.08 / 05:23
Target
Southern
wellness
President
country
Interviews
Trump is putting mass deportations at the heart of his campaign. Some Republicans are worried
Mass Deportation Now!" declared the signs at the Republican National Convention, giving a full embrace to Donald Trump's pledge to expel millions of migrants in the largest deportation program in American history. Some Republicans aren't quite ready for that. Lauren B. Pena, a Republican activist from Texas, said that hearing Trump's calls for mass deportations, as well as terms like «illegals» and «invasion» thrown around at the convention, made her feel uncomfortable. Like some Republicans in Congress who have advanced balanced approaches to immigration, she hopes Trump is just blustering.
10.08 / 05:13
markets
Digital
Research
Trade
BASF
show
symphony
Only 30 smallcap stocks offer double-digit weekly returns in a week marred by uncertainty
Indian markets experienced a marginal recovery from the uncertainties arising from concerns about the unwinding of carry trades, driven by the Yen's rapid appreciation and weak macroeconomic data that fuelled recession fears in the US. However, indices closed the week in red, losing over 1% each. During the week, only 30 smallcap companies offered double-digit returns with Century Enka the top gainer (35%), followed by Authum Investment (34.19%), Symphony (33.53%), and Garware Hi-Tech (26%).
10.08 / 03:01
10.08 / 02:53
love
country
audience
Sporting
athletics
If there was an Olympic gold for the best Olympic uniform, which country would take it home? Here's some suggestions
Olympic uniforms as an official sport, and give away medals for the same, looking at the amount of craze and love viewers have for these attires of different nations, typically worn during Olympics opening and closing ceremonies.
10.08 / 02:29
10.08 / 02:19
FIVE
Reuters
War
reports
Department
US to lift ban on offensive weapons sales to Saudi Arabia
Biden administration has decided to lift a ban on U.S. sales of offensive weapons to Saudi Arabia, the State Department said on Friday, reversing a three-year-old policy to pressure the kingdom to wind down the Yemen war. The State Department was lifting its suspension on certain transfers of air-to-ground munitions to Saudi Arabia, a senior department official confirmed. «We will consider new transfers on a typical case-by-case basis consistent with the Conventional Arms Transfer Policy,» the official said. Reuters was first to report the decision earlier, citing five sources.
10.08 / 01:58
Google
CEO
community
President
information
reports
Destinations
Indians flying high in Silicon Valley. Destination: C-Suite
tech world by storm in the US. A number of the top-tier leadership positions or CXOs in these companies are also held by Indians or those of Indian origin. While the spotlight is on the likes of Microsoft chairman and CEO Satya Nadella and Alphabet CEO Sundar Pichai, the second rung is also filled with Indian Americans who are likely to be the leaders of tomorrow at these companies. They include Apple senior vice president of operations Sabih Khan; Nvidia executive vice president of worldwide field operations Jay Puri and senior vice president of enterprise sales and business development Shanker Trivedi; Tesla chief financial officer Vaibhav Taneja and Google senior vice president Prabhakar Raghavan, who is widely considered to the second most important executive at the search giant. Other prominent executives include Meta vice president of machine learning Sandeep Pandey and vice president of product management Ragavan Srinivasan; storage major Micron’s chief business officer Sumit Sadana; Salesforce president and chief engineering officer Srini Tallapragada; Manish Sharma, chief executive officer, North America, Accenture; or Naga Chandrasekaran, who has been appointed chief global operations officer at global chip company Intel two weeks ago. He replaced company veteran Keyvan Esfarjani who retired after 30 years at Intel.
10.08 / 01:55
markets
COST
UPS
Aviat
Manufacturing
Airlines
Boeing
Brazilian aerospace company Embraer in talks with govt for tie up but seeks market access for its jets
Embraer is in talks with the government and top conglomerates to set up a manufacturing unit in India, a top executive said. However, progress will depend on the company’s jets gaining access to India’s large and rapidly expanding domestic market, dominated by Airbus and Boeing planes. India is among countries such as China, Turkey, Japan and Saudi Arabia with which the firm is discussing a possible partnership, said Arjan Meijer, CEO and president of Embraer’s commercial aviation business. “We have been vocal for the last couple of years that we are looking for a partner,” Meijer told ET. “We have always said we want to cooperate, but we also want to bring our products into the market.”
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