Action Financial News

By Kate Abnett

Elon Musk-owned site, as per a Reuters report. A spokesperson for Walmart clarified, "We aren't advertising on X as we've found other platforms to better reach our customers." X did not respond to queries on the issue, the report said. Notably, while Walmart's move to pull off ads on X was made public on December 1, Joe Benarroch, the head of operations at X said the company had not placed ads on the platform since October, instead focusing on organic engagement within its community of over one million members on X.

Trump was acting "in his personal capacity as a presidential candidate" when he urged his supporters to march to the Capitol on the day of the riot. U.S. presidents are immune from civil lawsuits only for official actions.

Donald Trump does not have immunity from criminal charges for actions he took as president, a U.S. judge ruled on Friday, rejecting his bid to toss out the case brought by Special Counsel Jack Smith accusing him of unlawfully trying to overturn his 2020 election loss. U.S. District Judge Tanya Chutkan found no legal basis for concluding that presidents cannot face criminal charges once they are no longer in office.

Israel President, on the sidelines of the COP28 Summit in Dubai and emphasised on a two-state solution, dialogue and diplomacy for durable peace. “PM @narendramodi met President @Isaac_Herzog of Israel on the sidelines of #COP28 WCAS in Dubai. The two leaders exchanged views on the ongoing Israel-Hamas conflict in the region. PM expressed his condolences on the loss of lives in the October 07 terror attacks and welcomed the release of hostages,” MEA spokesperson posted on X. The PM reiterated the need for continued and safe delivery of humanitarian aid for the affected population.

The federal government appears to have a perception problem: Most Canadians don’t understand what the carbon tax is costing them while others believe they are paying more than they receive in rebates, a new poll suggests.

Defunct blockchain protocol Terraform Labs is currently fighting legal challenges in Singapore and appears to be facing setbacks.

Quiver Quantitative — Google (NASDAQ:GOOGL) (GOOG) has recently urged the UK's Competition and Markets Authority (CMA) to investigate Microsoft (NASDAQ:MSFT)'s cloud computing practices, alleging anti-competitive behavior that stifles the market. This request emerges amid broader scrutiny of the cloud computing industry dominated by Microsoft (MSFT) and Amazon (NASDAQ:AMZN) in various global regions, including the UK, European Union, and the United States. Google's push for regulatory intervention was detailed in a letter to the CMA, which Reuters obtained.

By David Shepardson

I previously discussed a slate of recessionary indicators with high correlations to recessionary onsets. However, as we head into 2024, many Wall Street economists predict a “soft landing” or “no recession” outcome for the economy.

Relationships are weakening, while reducing the sense of safety and security, which, in turn, are causing fragmentation and spurring conflicts. This is becoming increasingly evident in both the geopolitical situation and the business world. And stakeholders, be it consumers, employees or the wider community, are looking at organisation leaders to cement the widening trust deficit. The CXO community has become cognisant of this responsibility and appreciate that building and retaining trust is not merely an amorphous 'feel-good' goal, but a very tangible asset that, in today's world, comes at a premium. From a stakeholder's perspective, trust enables transparent communication, creates a sense of security and cultivates confidence.

Fulham will take on Liverpool at a time when they have won only two matches in 36 away games against the Reds in all competitions. They have both been 1-0 victories in the Premier League in May 2012 and March 2021. On the other hand, Liverpool have lost just one of their last 10 league games against Fulham. Fulham have scored four goals against the Reds in the 16 games played between them. Meanwhile, Liverpool have won all six of their home league fixtures this season by an aggregate score of 17-2. Since they lost 1-0 to Fulham in March 2021, which was their sixth successive league defeat on home soil, they have been beaten in only one of their last 48 top-flight matches at Anfield.

Gurpatwant Singh Pannun is now at the crux of possible bitterness in ties between India and US, if the former does not tread carefully. US recently charged an Indian man- Nikhil Gupta- with plotting to assassinate Pannun in American soil.

Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future without fossil fuels, saying there was no other way to curb global warming. Speaking a day after COP28 president Sultan Ahmed al-Jaber proposed embracing the continued use of fossil fuels, Guterres said: «We cannot save a burning planet with a fire hose of fossil fuels.» «The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not reduce.

Guterres on the sidelines of the UN climate summit here and highlighted India's initiatives and progress in achieving climate goals. During the meeting, Modi thanked Guterres for his support during India's G20 Presidency. «Both leaders exchanged views on priorities and concerns of the Global South related to Climate Action, climate finance, technology and reforms of the multilateral governance and financial institutions, including the UN,» a statement by the External Affairs Ministry said in New Delhi.

Narendra Modi met Israel President Isaac Herzog on the sidelines of COP28 World Climate Action Summit (WCAS) on Friday. The two leaders exchanged views on the ongoing Israel-Hamas conflict, the Ministry of External Affairs (MEA) spokesperson said. PM Modi "emphasized on India’s support for a two state solution" and called for "durable resolution of Israel-Palestine issue".

Bulls have managed to retain control of their powerful rally off October lows. Shorts looked ready to attack with the day before yesterday's bearish 'cloud cover' candlestick in the Nasdaq and S&P 500, but yesterday's action has managed to counter that without really changing the larger picture.

₹1000 crore club. Despite bein regarded as a highly entertaining movie, Ranbir Kapoor's Animal is facing backlash for its gory scenes and portrayal of Rashmika Mandanna's character in the movie.

Reddit has officially renounced the contract of its cryptocurrency Moons, setting a milestone completing the decentralization of the token.

₹9,001 crore after selling shares worth ₹24,548 crore in October and ₹14,767 crore in September, data with the depositories showed. All except 2 stocks were in the green in the month of November. Only Bajaj Finance and SBI witnessed a decline in this period, while the remaining 48 stocks gave positive returns, mirroring the positive market sentiment.

Trade and Industry, Gan Kim Yong on Friday. The delegation had reached Singapore after completing its tour of Japan. The tour is being undertaken in the run up to the tenth edition of Vibrant Gujarat Global Summit (VGGIS) which is scheduled for January. Underlining the development journey of Gujarat, Patel during the meeting emphasized on the state government's focus on fostering investment in emerging sectors such as renewable energy, electric vehicles, semiconductors, food processing, and dairy products apart from the importance of Gujarat in the logistics sector, attributing its rise as a logistics hub in India to its global connectivity and extensive coastline. Patel also invited the Singapore Minister of Trade and Industry to participate in the Vibrant Gujarat Global Summit 2024 to foster collaboration between the two nations in various sectors. During the meeting, Minister Gan Kim Yong acknowledged the immense potential for development in India and expressed Singaporean companies' keenness to work in collaboration with the Indian government.