2020 Financial News

Investing.com -- U.S. stock futures inch broadly lower on Thursday after a positive session on Wall Street, while traders look ahead to retail chain Walmart's (NYSE:WMT) forecast for the holiday shopping season. Elsewhere, President Joe Biden and Chinese leader Xi Jinping agree to re-open military communications after a crucial face-to-face meeting, and the U.S. Senate approves a stop-gap spending bill that will almost certainly avert a looming partial government shutdown.

Jyotiraditya Scindia calling Congress leader Priyanka Gandhi a «part-time leader», former Madhya Pradesh CM and state Congress president Kamal Nath said that what Scindia used to say for Shivraj Singh and the Prime Minister when he was in Congress is not «erased.» «What Jyotiraditya Scindia used to say for Shivraj Singh and PM when he was in Congress, is not erased. Now, he is saying for Congress what he used to say for them,» former MP CM said on Thursday. The war of words between Scindia and Priyanka Gandhi started when the Congress leader on Wednesday attacked her former party colleague, saying that the latter is «short in height but is high on arrogance». Priyanka Gandhi, addressing a public rally in Datia, Madhya Pradesh, also took a swipe at Scindia, calling him a 'traitor'.

Bombay High Court has said conducting a DNA test on the child of a rape victim after adoption would not be in the child's best interest. A single bench of Justice G A Sanap on November 10 granted bail to a man accused of raping a 17-year-old girl and impregnating her. The girl gave birth to the baby and put the child up for adoption.

home ministry raising objections to the provision for Entry-Exit points in the Meghalaya Residents Safety and Security Amendment Bill (MRSSAB), 2020, the state government is likely to revisit the bill. MHA recently returned the Meghalaya Residents Safety and Security Amendment Bill (MRSSAB), 2020. Deputy Chief Minister in-charge Home, Prestone Tynsong, on Wednesday informed about the concerns raised by the MHA to a delegation of Hynniewtrep Youth Council (HYC). The central government is of the opinion that any acts and provisions enacted by the State should not cause inconvenience to people entering and exiting the state. HYC president Roy Kupar Synrem said, “The deputy CM told us that the MHA has certain reservations when it comes to setting up of entry-exit points or the gates as per the provisions of the Act (because such) gates will create inconvenience to the visitors or the people who enter the state.” He said the MHA has reservation or has put a direction that any Bill or any Act which is made by the state government should not be against or in contravention against any Act passed by the Parliament. Synrem said the HYC has requested the deputy CM to provide a copy of the MHA letter so that they can also give suggestions to the government. The state government has decided to soon call a meeting with all stakeholders to revisit the Bill and amend it as per the directions and observations by the MHA. Synrem said, «We have made two demands before the government — if you cannot give us ILP, give us MRSSAB but at the same time we understand that the Centre is a bit hesitant to give ILP, so we request the government that the amendment Bill should be passed.

Investing.com — European stock markets are expected to open in a subdued manner Thursday, consolidating after recent gains on optimism that the policy tightening cycles of a series of major central banks are over.

Chhath Puja rituals involving the participation of deities across the Yamuna River, AAP leader Atishi on Thursday said that the ongoing effort to remove the toxic foam from the Yamuna includes the use of food-grade chemicals. She further claimed that the toxic foam will vanish in the next two days.

stolen vehicle models in Canada for 2022 have been revealed as car theft has become a crisis in the country.Topping the list is the Honda CR-V for the second year in a row with about 5,620 thefts in 2022, according to Équité Association, which investigates the thefts. The 2020 model was the most stolen.In second place is the Dodge RAM 1500 Series with 2,600 thefts and the 2022 model most stolen, then in third is the Ford F150 Series, followed by the Lexus RX Series and the Toyota Highlander.Completing the list are the Honda Civic, Jeep Grand Cherokee, Land Rover Range Rover, Chevrolet/GMC Silverado/Sierra 1500 Series, and the Jeep Wrangler.Bryan Gast, vice-president of investigational services at Équité, told Global News on Wednesday that the car models that made the top 10 list are the ones that are most in demand overseas — where the stolen vehicles are often shipped to and sold for a profit.Nine of the top 10 models are from 2019 and newer in order for criminals to maximize their profits, Équité said in a statement Tuesday.“Right now what’s driving the top 10 is demand,” Gast said.

A charge following the death of a worker at an Anglo American coal mine has been laid against contracting business Mastermyne.

By Liangping Gao and Ryan Woo

Driza-Bone, the iconic Australian oilskin coats and clothing products brand, is set to change hands – and become part of resources billionaire Gina Rinehart’s growing portfolio of non-mining businesses.

Investing.com — US stock futures were trading slightly lower on Wednesday night as investor optimism remained strong amid weaker than expected PPI data.

A court has found Qantas acted illegally when it stood aside a health and safety representative who raised concern over cleaning planes that had returned from China at the start of the pandemic, in a decision the NSW government said would have big ramifications for employers.

Sensex jumped 742.06 points, or 1.14%, to end at 65,675.93, while the Nifty 50 settled 231.90 points, or 1.19%, higher at 19,675.45. “Rally was seen in global markets after weak US inflation data raised hopes that the interest rate-hiking cycle has reached its peak. Additionally, news of fresh stimulus in China and sharp fall in UK’s inflation boosted the sentiments.

Lawyers for the founder of truckmaker Nikola Corp. say he should not face incarceration because his criminal conviction is nothing like what landed Theranos founder Elizabeth Holmes in prison

S Jaishankar on Wednesday said that India is not ruling out an investigation but asked Canada to provide evidence in support of its allegations about the involvement of agents of the Indian government in the killing of a Khalistani separatist in that country. Jaishankar made the comments in response to questions during a conversation with veteran journalist Lionel Barber.

Manulife Investment Management is buying most of billionaire Michael Hintze’s CQS in a bid to expand the Canadian investment firm’s specialized fixed-income investment strategies.

FTX CEO Sam Bankman-Fried (SBF) found himself in the hot seat during a recent court proceeding regarding the exchange's risk management measures. The hearing, documented by BitMEX Research, shed light on a catastrophic event stemming from a flawed risk engine in 2020, the subsequent code change titled «Allow Negative,» and its implications on FTX's operations.

MUMBAI : Hiring activity cooled in tech and retail sectors in the December quarter as companies cut hiring mandates and reduced sub-contracting costs, while banking recruitment stayed flat and manufacturing saw a minor uptick. While hiring in the IT and startup sector is down to the levels of June quarter of 2020 when a strict lockdown was in force, retail and packaged consumer goods mandates are almost 20% lower from a year ago, recruiters said. However, manufacturing and automobile industries have shown some growth in hiring.

MUMBAI : Care Health Insurance Pvt. Ltd issued employee stock options (Esops) to Rashmi Saluja, executive chairperson of its parent Religare Enterprises Ltd (REL), despite the insurance regulator specifically rejecting the proposal, proxy advisor InGovern Research Services said. After the rejection, the Care board claimed that insurance regulator’s approval was not really required for granting the options.

₹25,000 crore lying with the capital markets regulator for distribution to its investors. Criminal proceedings initiated against Roy, experts said, will be suspended following his death. In 2011, regulator Sebi ordered two Sahara group firms—Sahara India Real Estate Corp.

Also Read: US October wholesale prices fall to 0.5% in biggest monthly drop since April 2020 Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a November 17 expiry, was last trading lower by 1.43 per cent at ₹6,415 per bbl, having swung between ₹6,393 and ₹6,548 during the session far, against a previous close of ₹6,508 per barrel. -Top oil exporters Saudi Arabia and Russia said this month they would continue with their additional voluntary oil output cuts of 1.3 million barrels per day until the end of the year.