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General Motors (NYSE:GM) announced Thursday that the Detroit automaker expects substantial decreases in electric vehicle manufacturing expenses by 2024 while simultaneously ramping up the production of more lucrative vehicle models.

(Reuters) — U.S. oil refiner Phillips 66 (NYSE:PSX) has retained two top financial and legal advisers for its duel with activist investor Elliott Investment Management, according to a person familiar with the matter.

climate finance and spending to prevent 'greenwashing' and 'greenhushing', COP28 special representative for business & philanthropy Badr Jafar told ET in an interview. «We do not have standardised models for net zero targets.

DUBAI: In an unprecedented move, the 28th round of the UN Climate Change Conference approved the structure and details of the loss and damage fund to help poor countries cope with climate disasters at its opening session. Traditionally, at the ceremonial opening of the COP, the host country takes over the presidency, the agenda for the talks is approved, and countries and negotiating groups set out their expectations. COP28 departed from the traditional fare with a quick round of pledges for the new fund. More than $400 million was pledged with hosts the UAE and Germany each pledging $100 million.

Henry Kissinger leaves behind a significant legacy in the United States, especially on how he crafted American foreign and security policy in the peak of the Cold War. From an Indian standpoint, however, his policy outlook was detrimental as it solemnised the China-Pakistan nexus which till date remains India's principal security threat. Declassified papers convey a high degree of complicity between US and China under Kissinger's watch to aid Pakistan in the 1971 war.

A collective of public and private sector banks posted the highest annual net headcount addition in the last 10 years as they hired 123,000 employees last fiscal, as per latest data released by the Reserve Bank of India. The record additions are being driven by aggressive hiring by private banks across functions such as customer interface, lending, assurance, and technology to drive their branch expansion into tier 3 and rural areas. Net headcount addition in FY23 surged 61% over FY22, boosting the total employee count 7.4% year-on-year to 1.76 million. The sector saw its highest-ever annual net addition in FY11 at 125,000, followed by 124,000 in FY12. As per an exclusive study for ET by specialist staffing firm Xpheno, the top 15 private banks added on average 350 employees each working day of 2023. «If we add the replacement hiring count, the onboards per day moves up to nearly 600 per working day,» said Kamal Karanth, co-founder, Xpheno.

Ozempic and Wegovy, announced on Thursday that it had filed lawsuits against two pharmacies after tests found the products to be tainted. This is Novo Nordisk's latest legal action against pharmacies gaining popularity. Novo Nordisk said that the lawsuits have been filed against Florida-based Wells Pharmacy Network and Brooksville Pharmaceuticals.

2023 is the year for desi cinephiles! Movie lovers will be spoilt for choice this December! From the intense and electrifying ‘Animal’ to the Prabhas’s action extravaganza ‘Salaar’, there are no dearth of exciting releases in the last month of the year!

One notable firm is being asked to pay up a very hefty fine for spoofing in the Treasuries market.

A memorandum submitted by several U.S. Congress members, including chairs from key financial committees, has called into question the enforceability of the Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121). This development follows a decision by the Government Accountability Office (GAO) characterizing SAB 121 as a rule under the Congressional Review Act.

Securities and Exchange Commission Chair Gary Gensler said he would not “pre-judge” the future of spot Bitcoin ETFs when asked if the SEC would take any action soon regarding the matter.

Netflix has a selection of Liam Neeson movies in the action and thriller genres. Here's a rundown of his films currently available on the platform: Love Actually (2003) A romantic comedy directed by Richard Curtis, featuring Neeson as a man coping with the loss of his wife amidst interconnected stories during Christmas. Taken (2008) and Taken 2 (2012) Neeson stars in both films, portraying Bryan Mills, an ex-CIA officer pursuing human traffickers in the first film and facing repercussions in Istanbul in the sequel. Cold Pursuit (2019) A remake of a 2014 Norwegian film, Neeson plays a snowplow driver seeking revenge on the drug cartel responsible for his son's forced overdose. Non-Stop (2014) Neeson is U.S.

Cryptocurrencies faced resistance in their upward trajectory throughout the first half of November, experiencing declines that were met with progressively higher levels of support.

TRON (TRX) recently saw popularity from crypto enthusiasts when CoinGecko reported that the network became the second-largest Layer-1 solution in 2023 in terms of TVL. According to the report, TRON has a TVL of $7,889,146,722. As for the price performance of the TRX cryptocurrency, it was recorded at $0.109823 during the past week, and its total value was 93% in the past year.

Narendra Modi is set to launch a green credits initiative, aimed at encouraging the establishment of plantations, during his two-day visit to the United Nations climate conference being held in the United Arab Emirates. The Prime Minister, who is expected to deliver his address at the opening session of the World Climate Action Summit, will also launch another climate initiative aimed at industries, foreign secretary Vinay Mohan Kwatra said at a press briefing on Thursday.

UN climate talks here opened with a bang with countries clinching an early deal on how to compensate developing and poor nations that bear the brunt of the climate crisis despite contributing little to it, a decision welcomed by climate activists with caution. The agreement on the operationalisation of the Loss And Damage Fund on the first day of the annual climate negotiations, called COP28, sets the stage for ambitious decisions over the next 12 days.

By Kate Abnett, Maha El Dahan and Valerie Volcovici

Henry Kissinger's passing on Wednesday at the age of 100, social and political analysts have passionately discussed Kissinger's life and career. Kissinger's legacy in international politics has drawn praise and criticism in equal measure. Although many hail his contribution to global affairs, others denounce him and call hm a “war criminal” for carpet bombing Cambodia in the midst of the Vietnam War in a covert operation The war is estimated to have left at least 150,000 civilians dead. One notable cultural figure who expressed strong disapproval of Kissinger was the late chef, food writer, and TV host Anthony Bourdain.

Toronto-Dominion Bank missed analysts’ earnings estimates after setting aside more money than forecast for potentially souring loans and announcing a restructuring charge related to a planned three per cent cut to the lender’s workforce.

deadlines that can significantly impact our lives. Here is a look at the four crucial deadlines that you should be aware of for December: Nomination allows investors to designate someone who can claim their securities or mutual fund redemption proceeds if they pass away. The deadline for existing demat account holders and mutual fund unit holders to choose a nominee is December 31, 2023.

sex determination racket in Karnataka as a ‘social problem’, state health minister Dinesh Gundu Rao has said the government will not tolerate such anti-social activities in the state and strict action will be taken if anyone is caught involved in these things. Karnataka health minister’s statement came after the state police caught a gang who had been running a sex determination unit in farms near Mandya. The government has ordered an investigation into the matter.