Record News

The Paris Saint-Germain experiment of recent seasons was supposed to be a plan so lavish and so ambitious that it would bend all of European soccer to PSG’s will. By the summer of 2021, the club had acquired the most expensive player in the world, the brightest young talent in the world and one of the greatest players of all time. That trio of Neymar, Kylian Mbappé, and Lionel Messi had cost more than half a billion dollars to assemble.

Commonwealth Bank made a huge bet in 2016 – to terminate its multi-year deal with the Australian men’s cricket team worth up to $50 million, but keep its sponsorship of the women’s game.

A reshuffle at the top of Chris Hadley’s Quadrant Private Equity has raised questions about what has become of one of its most senior figures.

Investing.com — Crude oil prices fell Tuesday as disappointing economic data raised further concerns about China’s economic recovery, even following Beijing’s unexpected interest rate cut.

WASHINGTON (Reuters) — U.S. import prices rebounded more than expected in July amid higher costs for petroleum products and food, but underlying imported inflation pressures remained muted.

ERShares CEO Joel Shulman looks ahead to the July retail sales report and remains bullish on tech stocks.

OTTAWA (Reuters) — Canada's annual inflation rate surged more than expected to 3.3% in July, but core inflation measures were essentially unchanged and grocery prices increased at the slowest pace since February 2022, Statistics Canada data showed on Tuesday.

By Elisha Bala-Gbogbo

Atlanta, Georgia. Trump and his supporters were charged with attempt to interfere with the state’s 2020 presidential election. Among those charged included former publicist from Chicago, Trevian Kutti.

IndiGo Airlines' promoter Gangwal family is all set to sell its shares worth ₹3,730 crore through a block deal on 16 August, reported ET citing the term sheet. According to the report, the family has put 15.6 million shares on the block with a floor price of ₹2,400 per share, which is a 5.8 percent discount to the closing price of Monday. The deal's lenders are Morgan Stanley, JPMorgan, and Goldman Sachs.

Life Insurance Corporation of India (LIC), is set to receive a huge amount of more than ₹1,800 crore as dividend. ITC has around 30.14 lakh shareholders as per the data till quarter ending June 2023. Among these shareholders, LIC owns 189.69 crore ITC shares, or 15.26% stake in the cigarettes-to-hotels major.

Himachal Pradesh, the death toll due to rains in the past two days has climbed to 55. The landslides, flash floods, and cloudbursts are leading to serious losses of lives, damages to properties, and displacement of people. 1.

By Joice Alves and Samuel Indyk

northeastern China is threatened by flooding as at least 90 rivers have risen above warning levels and 24 have already overflowed their banks, state media reported Tuesday. Crews are standing by to defend homes and farmland across the Songliao Basin north of Beijing, which encompasses more than 1.2 million square km (482,200 square miles). The area includes parts of four provinces and several major cities with a total population of almost 100 million.

By Shashwat Chauhan

Kej says leading the UK's Royal Philharmonic Orchestra (RPO) for a rendition of "Jana Gana Mana" was special as the national anthem has been the most «important piece of music» in his life. Kej on Monday shared the video of the national anthem, recorded with a 100-piece British orchestra from the RPO at the iconic Abbey Road Studios in London, that earned him praise from Prime Minister Narendra Modi. Ahead of the collaboration, Kej said the first thought that came in his mind was how the times have changed as a man from a country that the British Empire ruled for over 200 years is now leading their «most in-demand» orchestra and performing «Jana Gana Mana».

European stocks fell and government bond yields climbed as inflationary fears fueled bets interest rates will stay higher for longer. China’s yuan retreated to its weakest since November after a surprise interest-rate cut. 

Chief Justice of India (CJI) D Y Chandrachud on Tuesday said the greatest challenge before the Indian judiciary is to eliminate the barriers to accessing justice and make sure that judiciary is inclusive and accessible to the last person in the line. He also said that there is a need to overhaul the infrastructure on a priority basis to make courts accessible and inclusive.

weekend collection of Rs 390 crore. The weekend of August 11-13, marked by the release of cinematic powerhouses like Rajinikanth's 'Jailer', Sunny Deol's 'Gadar 2', and Akshay Kumar's 'OMG 2', etched an indelible mark on cinema, resulting in a stunning resurgence and record-breaking success. Among these cinematic juggernauts, 'Jailer' has emerged as a frontrunner, capturing attention with a global collection of Rs 222 crore within the first four days of its release. Deol's captivating presence in 'Gadar 2' contributed significantly to the weekend's extraordinary numbers, amassing a staggering collection of Rs 135 crore. Kumar's charismatic appeal in 'OMG 2' further heightened the cinematic fervour, contributing Rs 43.56 crore to the record-breaking weekend.

PayPal USD (PYUSD) is fully backed by US dollar deposits, short-term US treasuries and similar cash equivalents, and can be redeemed 1:1 for US dollars.Starting today and rolling out in the coming weeks, eligible US PayPal customers who purchase PayPal USD will be able to transfer the token to external wallets, send person-to-person payments, fund purchases at checkouts supported by PayPal, and convert cryptocurrency holdings to and from Paypal USD."The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar," says Dan Schulman, president and CEO, PayPal. "Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD." Most of the current volume of stablecoins is used in web3-specific environments, but Paypal's global brand recognition seems certain to propel the novel payments asset into the mainstream.

economic indicator. This move comes in the wake of growing concerns about the state of the world's second-largest economy, which has been facing a series of warning signs. The decision to halt the release of youth jobless figures came shortly after the announcement of factory and retail sales data that fell short of expectations.