Record News

rising temperatures of ocean water, the European Union’s Copernicus Climate Change Service said that the average temperature touched 20.96 degrees Celsius or 69.7 Fahrenheit at the end of July this year. The previous highest temperature was recorded at 20.9 degrees Celsius in 2016.

Barbie at the box office. Barbie reached $400 million domestically in just 14 days, marking a record for Warner Bros. The film's global ticket sales exceed $900 million, and it's expected to join the billion-dollar club soon. On Thursday, Barbie secured the top spot with an additional $11.8 million. Universal’s Oppenheimer continues its strong performance, nearing $500 million globally. It reached $200 million in North America on Thursday, with $5.6 million for the day in second place. Two new releases hit theaters: Paramount’s Teenage Mutant Ninja Turtles: Mutant Mayhem and New Line/Warner Bros.’ Meg 2: The Trench. The 'Teenage Mutant Ninja Turtles (TMNT) reboot, starting on Wednesday, earned $4.9 million for a $15.1 million two-day total, including $3.9 million from Tuesday evening previews. The family-friendly PG film is projected for a five-day debut around $35 million, subject to change over the weekend. Meg 2, releasing on Friday, collected $4 million in Thursday previews. Anticipated to earn between $25 million to $30 million for its opening weekend.

China will allow some foreigners to obtain visas on arrival and rural residents to settle more easily in cities as part of a series of measures aimed at boosting its flagging economy. The relaxations aim to «promote the free movement» of «people, vehicles, information and data», an official from the Ministry of Public Security said Thursday. China's post-Covid recovery has run out of steam in recent months, dragged down by sluggish consumption and a real estate sector in crisis. GDP growth increased by just 0.8% from the first to second quarter of the year, and youth unemployment has reached record highs at over 20%. In response, the ministry announced 26 new measures on Thursday, including a new visa policy for foreign businesspeople.

Heavy rain and high water levels in China's northeastern rivers are threatening cities downstream, prompting the evacuation of thousands

U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump

Global prices for food commodities like rice and vegetable oil have risen for the first time in months after Russia ended a deal allowing Ukraine ship grain and India restricted some rice exports

Copper Beech Farm, with 50 acres of waterfront property in the tony New York suburb of Greenwich, has sold for just under $139 million

Missouri plans to spend $50 million on railroad crossing improvements in response to a 2022 fatal Amtrak derailment

Egypt’s Central Bank announced a new hike in interest rates as the cash-strapped North African country battles surging inflation and a depreciating currency

A judge has ordered criminal charges dropped against the final executive accused of lying about problems building two nuclear reactors in South Carolina that were abandoned without generating a watt of power

MUMBAI : Two days after the death of renowned art director Nitin Desai, the Raigad police registered a case of abetment of suicide against five officials of Edelweiss and ECL Finance, including Rashesh Shah, chairman and CEO of Edelweiss group. The FIR also named chief risk officer of ECL Finance Smit Shah, R.K. Bansal from Edelweiss ARC, insolvency professional Jitendra Kothari, and Keyur Mehta.

CEO pay fell last year from the record levels set in 2021, but many chief executives, including those in financial services, take home more than 200 times the median figures earned by workers at their companies.

NEW DELHI : Apple Inc.’s chief executive Tim Cook on Thursday said that the company achieved “strong double digits" growth to report record revenue in India for the June quarter. “We also opened our first two retail stores during the quarter. And it’s, of course, early going currently, but they’re currently beating our expectations in terms of how they’re doing.

MUMBAI : Stocks rebounded on Friday, snapping three straight days of losses, ending the session in the green. However, the markets ended lower for the second consecutive week. Foreign portfolio investors (FPIs) capitalized on the bounce, selling shares worth a provisional ₹556.32 crore, while domestic institutional investors (DIIs) bought shares worth a provisional ₹366.61 crore.

MUMBAI : India’s largest lender State Bank of India (SBI) on Friday reported a net profit of ₹16,884 crore for the three months through June, more than double of last year, led by a surge in other income and lower provisions to cover bad loans. For the state-owned bank, the June quarter profit was its highest ever, beating the Bloomberg estimate of ₹15,032 crore. The substantial annual increase in other income was on a low base, a result of mark-to-market (MTM) loss in Q1 of FY23.

Haryana Home Minister Anil Vij on Friday said 202 people have been arrested so far and 80 taken into preventive detention in connection with the communal clashes in Nuh. He also said the way bullets were fired from hillocks and stones collected on rooftops of buildings indicates that Nuh violence was pre-planned. In all, police have so far filed 102 FIRs in the matter.

Tottenham Hotspur kick off the final phase of their pre-season schedule with a friendly match against Shakhtar Donetsk on Sunday. The upcoming game marks a significant moment for new manager Ange Postecoglou, as it will be the first time he oversees a match at the Tottenham Hotspur Stadium. Since his appointment, there have been glimpses of promise under the Australian manager, but challenges persist, particularly regarding the Harry Kane saga and the team's squad gaps. One of the key reasons for Postecoglou's hiring was his ability to extract more from underperforming players in the Spurs squad. As the match unfolds, all eyes will be on how the former Celtic boss continues to shape and impact the team's performance on the coaching pitch. Amidst the uncertainties surrounding the club, the friendly encounter against Shakhtar Donetsk presents an opportunity for Tottenham Hotspur to fine-tune their strategies and tactics ahead of the upcoming season. Fans and observers alike eagerly await to witness the progress made under Postecoglou's guidance and how the team will rise to the challenges that lie ahead.

By Michelle Nichols

Canada’s new immigration minister said he is open to “having a conversation” on concerns raised by some economists and groups on rising immigration targets amid a housing shortage, but said he still has no plans to lower them in the near future. 

Kolte-Patil Developers has reported a 116% year-on-year growth in net profit at Rs 46 crore for the quarter ended June. Revenue from operations witnessed 185.4% growth at Rs 571.2 crore. The company sold a new area of 0.93 million sq ft, up 52% and sales value expanded by 58% to Rs 701 crore, supported by an increase of 4% in average realizations to Rs 7,545 per sq ft.

Cracks are starting to emerge in the year-to-date rally on Wall Street as sentiment took a turn for the worse following Fitch's downgrade of the top-tier U.S. credit rating this week.