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TOKYO—One of the world’s biggest taxi markets is finally opening its gates wider to Uber after a decade of pushing by the U.S. ride-hailing company. Japanese Prime Minister Fumio Kishida said Wednesday that the government would largely lift a ban on ride-sharing services in April and allow regular drivers using their own cars to give fare-paying passengers a ride.

UK have initiated the first phase of trials for a revolutionary non-hormonal male birth control pill. YCT-529: A hormone-free innovation

Coal and Mines Minister Pralhad Joshi on Wednesday expressed confidence that the country's coal production will cross one billion tonnes in the ongoing financial year. The country's production target of the fossil fuel for 2023-24 is 1,012.14 MT.

Bahamut Foundation introduces its latest initiative, Bahamut Grants, marking a significant leap towards the journey of Web3 evolution.

The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an area that’s pivotal to global trade. 

₹52,000 crore (more than $6 billion) in 2023 from global strategic investors, retirement, and insurance funds. This is nearly one-third of net foreign portfolio inflows (FPIs) into Indian equities this calendar year so far, reported Business Line. Investors acquired stakes in group firms for an amount of ₹52,570 crore during the period March to October, reveals the data sourced from Prime Database.

Until recently, the Chinese manufacturer behind Elf Bar e-cigarettes was able to slip its products passed U.S. customs officials

The Biden administration is moving to conserve old-growth forests on national forests and limit logging as climate change amplifies the threats they face from wildfires, insects and disease

It’s been a tough few weeks for Starbucks

Global trade is under threat again. This time from missile attacks linked to the Israel-Hamas war targeting commercial ships passing through the Red Sea, near the Suez Canal. That may force many vessels to take the longer but safer route around Africa and is boosting oil prices.

Nippon Life India Asset Management Ltd share price gained up to 8.9% in morning trades on the NSE on Wednesday. A large trade deal news triggered these gains. The share price also scaled 52 week highs of ₹489 on Wednesday CNBC TV-18 quoting sources has reported that Private sector lender IndusInd Bank is likely to divest a 2.86% equity stake in Nippon Life India Asset Management Ltd (Nippon AMC) through block deals.

The financial sector's battle against fraud requires a dynamic and multi-faceted approach. As technology continues to advance, so do the tactics of fraudsters seeking to exploit vulnerabilities in the financial sector. The financial sector faces escalating threats in 2024, including deepfake fraud, phishing 2.0, blockchain exploitation, insider threats, and AI-powered fraud.

Ford Motor Co. unexpectedly abandoned plans to sell its Tamil Nadu plant, its sole remaining factory site in the country, after finalising a deal with the Sajjan Jindal-led JSW Group recently, said people with knowledge of the matter.

Embassy REIT Global private equity firm Blackstone Group plans to sell its entire stake in Embassy Office Parks REIT through a mega block deal on Wednesday, according to news reports Tech Mahindra Mohit Joshi assumed the office of Managing Director and CEO of the company effective December 20. Nippon AMC IndusInd Bank is likely to sell up to 2.86% equity in Nippon AMC through block deals on Wednesday, according to reports. Read more: Here's the trading setup for today's session Glenmark Life The Competition Commission of India has approved the acquisition of majority shareholding of Glenmark Life Sciences by Nirma. BPCL The Board has approved a proposal for setting up Polypropylene (PP) unit, for production of Polypropylene at Kochi refinery at gross project cost of Rs 5044 crore. Apollo Tyres Global private equity major Warburg Pincus on Tuesday sold a 4.5% stake in leading tyre manufacturer Apollo Tyres for Rs 1,281 crore through multiple block deals. Varun Beverages The company has signed a memorandum of understanding with the Jharkhand government for its proposed manufacturing plant in Patratu with a total capital outlay of Rs 450 crore.

The Zilliqa blockchain is grappling with a “critical situation” resulting in a significant disruption to its network.

BloXroute, a blockchain infrastructure company offering DeFi tools, has announced that its relays will begin declining transactions that include addresses listed under U.S. sanctions.

Alphabet Inc. will pay $700 million and alter its Google Play policies to settle claims that the app store unlawfully dominates the Android mobile applications market, resolving antitrust complaints brought by attorneys general of about three dozen states and consumers. The deal, disclosed in a court filing late Monday, calls for changes to Play Store policies to reduce barriers to competition in the markets for app distribution and payment processing.

The Public Provident Fund (PPF) stands as a long-term savings and tax-saving scheme backed by the government. It allows investors to trim annual taxes and amass a substantial corpus. Being exempt from taxes, including earned interest, PPF holds a prominent place among the top tax-saving investments under Section 80C of the Income Tax Act. Operating for a minimum of 15 years, it offers the facility of limited partial withdrawals.

Embassy Office Parks Reit for an estimated ₹6,931.5 crore, or $833 million, through a block deal on Wednesday. As per the deal terms reviewed by Mint, the sale has a floor price of ₹310 per share, representing a discount of approximately 7.7% compared to Embassy Office Parks’ Tuesday closing price of ₹335.75 on the NSE. This marks a significant exit for Blackstone, which had been a key investor in Embassy Office Parks Reit since its initial public offering (IPO) in 2019.

WASHINGTON (Reuters) -U.S. Bank will pay $36 million over allegations the company illegally blocked out-of-work consumers from accessing unemployment benefits during the coronavirus pandemic, top federal banking regulators announced on Tuesday.

Bryant Gumbel's “Real Sports” airs its final episode on HBO after 29 years this week, and an era in sports journalism ends with it