BLOCK Financial News

Investigators say a blocked radio transmission caused a close call between two passenger planes in San Diego in June

Viacom18 aims to build a profitable sports business, having committed investments of over ₹34,000 crore for properties like Indian Premier League (IPL) digital rights, India bilateral cricket matches, Women's Premier League, Indian Super League, and 2024 Summer Olympics, said Viacom18 Sports CEO Anil Jayaraj, in an exclusive interview to ET. The company recently bagged the TV and digital rights to all the domestic and international cricket matches held in India for ₹5,963 crore till 2028. The company will be paying ₹67.76 crore per match, including ₹35.23 crore a match for digital and ₹32.53 crore per match for TV. Last year, the company won the digital rights to the IPL for a sum of ₹23,758 crore till 2027. «We want to run a profitable sports business.

Private equity giant KKR is gearing up for a run at a40 per cent stake in Queensland Airport Limited, the owner of airports in Gold Coast, Townsville, Mount Isa and Longreach, which is up for sale via Barrenjoey.

While Bitcoin has been facing downward pressure for the past few weeks, with the cryptocurrency trading below $26,000 after hitting a yearly high of nearly $32,000 in July, there are compelling reasons to remain optimistic about its longer-term prospects.

Kanye West reached out to his friend Elon Musk early this year for a favor: Let me back on Twitter. The social-media platform had suspended West in December for violating its rule against hate speech after he posted an image of a swastika merged with a Star of David. The musician and designer, who goes by the name Ye, has been considering a 2024 presidential run, according to people familiar with his plans, and his campaign advisers wanted him back on.

Airbus on Thursday inked a pact to collaborate in the fields of research, teaching, and training of students to deepen understanding of scientific, technological, and management topics pertaining to the aerospace sector. The Memorandum of Understanding was signed by Remi Maillard, President and Managing Director, Airbus India and South Asia, and Manoj Choudhary, Vice-Chancellor, Gati Shakti Vishwavidyalaya (GSV), in the presence of Railway Minister Ashwini Vaishnaw and Railway Board Chairperson and CEO Jaya Varma Sinha. «GSV will focus on intense industry-academia partnerships.

Thursday, September 7th, 2023 – Web3 games platform Tamadoge today announces an exciting new burn program to boost the scarcity and value of its native token, $TAMA.

A World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce

With Russian foreign minister Sergey Lavrov insist... moreWith Russian foreign minister Sergey Lavrov insisting that his country will block any G20 summit declaration that doesn't reflect Moscow's views on Ukraine and other crises.

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Zomato climbed 3% to Rs 101 in Thursday's trade on BSE amid reports of a block deal executed on the counter. As per reports, on Thursday, 12 lakh equity shares of Zomato changed hands in a block deal. The buyers and sellers in the deal are not known. According to the latest shareholding pattern available with the exchanges, as of 30 June 2023, 97.91% of the company's shareholding is with the public, and 2.09% with the employee trust. At 11.15 a.m., the stock was trading 1.7% higher at Rs 99.8 over its last day's closing price of Rs 98.2 apiece.

renewable energy capacity by 2030 though also offered support to technology that can sustain the use of fossil fuels, easing concerns from Russia and Saudi Arabia that had previously stalled a deal. Members will make a commitment to “pursue and encourage” efforts to meet the target to increase clean energy generation, according to people familiar with the negotiations. The bloc will also call for a similar impetus in the deployment of abatement technologies like carbon capture that can reduce emissions from the use of gas, coal and oil, said some of the people, who asked not to be named as the details aren’t yet public. Even so, the outcome offers some new momentum in the energy transition after global concerns over supply security and costs had begun to erode progress on a shift away from fossil fuels.

Street Talk spotted some unusual trading activity in takeover-target Liontown on Thursday morning.

The chief executive of THL, which operates a fleet of 7233 rental campervans and motorhomes, is backing the push to open Australia to more competition from international airlines such as Qatar Airways.

G20 Summit being held in India. However, Washington has also highlighted the problems that could lead to the G20 Summit ending without a joint communique. G20 Sherpas are trying to work together on ironing out a final declaration that will be adopted by PM Narendra Modi and other world leaders over the weekend, reported ANI.

Transport Minister Catherine King has promised to deal with anti-competitive behaviour by airlines at the country’s largest airport “shortly”, after releasing a report into aviation that acknowledges competition concerns but provides little in the way of solutions.

Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask.

Base, the Ethereum Layer 2 (L2) solution incubated at Coinbase, recently spotlighted its unwavering dedication to decentralization, aligning seamlessly with the Superchain vision. Born out of a collaboration with the Optimism Collective, Base utilizes the open-source OP Stack, aiming to bring a billion users and a million developers into the blockchain ecosystem. This ambitious goal is anchored in the principle of decentralization, seen as the linchpin for a global, open, onchain economy. 

Investing.com — The Dow closed lower Wednesday as fresh inflation jitters renewed concerns about higher for longer interest rates, while a plunge in Apple (NASDAQ:AAPL) also dented sentiment on stocks. 

G20 Leaders’ summit this weekend will discuss a template and various building blocks for coordinated action on dealing with crypto assets, potentially paving the way for a global regulatory framework. A synthesis paper prepared by the International Monetary Fund (IMF) and Financial Stability Board (FSB) at the behest of the G20 Finance Ministers and Central Bank Governors on overall crypto asset regulation will be taken up by the leaders. “The synthesis paper will lay down a comprehensive roadmap and building blocks for a coordinated global regulatory framework… Leaders will take a final call on this,” said a senior government source. India has been pushing for a global regulatory framework on crypto assets under its G20 presidency as it strongly believes they cannot be regulated in isolation by any single country. Prime Minister Narendra Modi had at the recent B20 summit made a strong pitch for a global regulatory framework for crypto assets that would address the concerns of all stakeholders At the G20 Finance Ministers and Central Bank Governors meeting in July, the FSB had given recommendations for the regulation, supervision and oversight of crypto asset activities, markets and global stablecoin arrangements. The IMF paper deals with the challenges posed by these digital assets to monetary policy and capital flow management.