Continental Financial News

The fossilized skeletons of an aerial predator with a 20-foot (6-meter) wingspan and an aquatic reptile with a snake-like neck will be auctioned in New York this month, Sotheby's announced Tuesday. The two creatures, both tens of millions of years old, will be sold July 26 in the latest sale of prehistoric fossils from the auction house that launched a new era of fossil auctions by selling a Tyrannosaurus rex named Sue in 1997. «More than 25 years since the groundbreaking sale of Sue the T.

As defense budgets increase across Europe, capitals across the continent face a difficult choice: whether to spend the money on weapons developed at home or continue buying American. Last year, defense expenditure in Europe rose 13% to $345 billion, the fastest rate since the end of the Cold War, according to the Stockholm International Peace Research Institute, a think tank known as Sipri. Much of the spending, however, goes to U.S.

Madonna revealed on Monday that her «Celebration» tour's North American dates will be rescheduled due to a recent medical emergency. The tour will now commence in Europe in October, with the European leg spanning several weeks. Following her medical emergency last month, Madonna decided to reschedule the dates of the tour.

South African President Cyril Ramaphosa Sunday confirmed that the BRICS summit scheduled to be held next month, which Vladimir Putin has been invited to attend, will be ‘physical’ despite an arrest warrant against the Russian leader, reported AFP. South Africa is the current chair of the BRICS, a grouping of heavyweights that also includes Brazil, Russia, India and China and is set to host the 15th BRICS summit at the Sandton Convention Centre in its financial hub Johannesburg from August 22 to 24. "The BRICS summit is going ahead and we are finalising our discussions on the format," AFP reported quoting Ramaphosa, adding it will be a "physical" meeting.

Dronavalli Harika, for the Asian Games scheduled to commence in Hangzhou on September 23. Vidit Gujrathi and young Arjun Erigaisi in men's and Humpy and Harika in women's section will compete in the individual categories. The men's team comprises Grandmasters D Gukesh, Gujrathi, Erigaisi, P Harikrishna and R Praggnanandhaa.

India will send a strong 10-member chess contingent, including double Asian Games gold medallist Koneru Humpy and bronze medallist Dronavalli Harika, for the continental games, scheduled to commence in Hangzhou on September 23. Vidit Gujrathi and young Arjun Erigaisi in men's and Humpy and Harika in women's section will compete in the individual categories. The men's team comprises Grandmasters D Gukesh, Gujrathi, Erigaisi, P Harikrishna and R Praggnanandhaa.

S Jaishankar on Saturday reaffirmed India's commitment to strengthen relations with Tanzania as he held talks with his counterpart here to create the pathway to boost bilateral ties in various sectors, including trade. Jaishankar met Tanzania's Minister of Foreign Affairs and East African Cooperation Dr. Stergomena Tax at the 10th India-Tanzania Joint Commission Meeting.

S Jaishankar on Saturday said that India and Tanzania have started trade settlements in local currencies and this new initiative will help in promoting commerce between the two countries. Addressing industry leaders at a function, the minister said India-Tanzania bilateral trade has seen very strong growth, and stood at USD 6.4 billion in 2022-23. «Now, bear in mind, this is not only a very substantial bilateral trade, but it's also actually a bilateral trade, which is getting increasingly balanced.

According to  Bloomberg,  South Africa has mandated that all crypto exchanges operating within its borders must secure licenses by the end of the year. The Financial Sector Conduct Authority (FSCA), the country's financial regulator, has already received approximately 20 applications since the licensing process was initiated a few weeks ago.

Business Insider reveals that the gravity hole which was known as the Indian Ocean geoid low was possibly due to plumes of molten rock which was rising from the remains of an ancient hotbed. The variation of gravitational forces over the surface of the Earth is not news. A dense continent can have more gravitational force than a zone where the crust is thinner.

Jaishankar has said that, unlike some other countries, India is not «an extractive economy» and it was not pursuing «narrow economic activities» in the resource-rich African continent. Jaishankar, who arrived here on Thursday after visiting Zanzibar, made these remarks while addressing the Indian community in Dar-es-Salaam city of Tanzania. «Had a lively interaction with members of the Indian community in Dar es Salaam.

RBI, which is supposed to have the last word on rupee? The letter made no difference. Punters had the last laugh. Those days, RBI either sharply reacted to such phenomena, or shut its eyes when there was nothing it could do — as it refused to acknowledge the flourishing non-deliverable forward (NDF) market in Singapore, London and New York where big banks took positions on `/$ forwards and settled the trade in dollars.

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Bloomberg, Forty-two African nations received about $12 billion or 38% of all credit extended by India in the last decade — just a few percentage points below its neighbours, Harsha Bangari, the managing director of India’s Export-Import Bank said in an interview. According to Bangari, the bank serves as a tool for India's "economic diplomacy." He further mentioned that India has established 195 project-based lines of credit throughout Africa, a number three times higher than the ones it has implemented in its own region over the past decade, Bloomberg reported.

India is countering China and its influence not ju... moreIndia is countering China and its influence not just on its borders but in other parts of the world as well.

Proxgy, a leading IoT (Internet of Things) technology start-up from India, has forayed into the Fintech space with the launch of its latest product line named AudioCube, a multi-lingual payment alert audio mechanism with ad network integration for merchants and retailers, that acts as a real time transaction settlement system irrespective of the payment gateway.

In recent years, India has made significant strides in expanding its influence in Africa, emerging as the second-largest provider of credit to the continent. With a focus on infrastructure development, healthcare, and other key sectors, India’s efforts aim to catch up with China, which has long been a dominant player in Africa.

Africa has become the second-largest recipient of credit from India as the country tries to catch up with China in expanding its influence in the resource-rich continent. Forty-two African nations received about $32 billion or 38% of all credit extended by India in the last decade — just a few percentage points below its neighbors, Harsha Bangari, the managing director of India’s Export Import Bank said in an interview.

Independence Day, an East Coast convenience company Sheetz offered gasoline at a 50 percent discount. It will sell gasoline at USD 1.776 as long as the stock lasts. Unleaded 88, E85, mid-grade as well as premium grade fuel will come under this scheme. But it will not cover Ethanol, diesel, and free fuel. Confirming the offer, Sheetz CEO Travis Sheetz said that he wants to ensure that the travelers have some more money in their wallets as they go out to celebrate the 4th of July. The gasoline prices are already low compared to the last year's Independence Day. It was USD 4.87 per gallon last year and now it is sold for USD 3.55 a gallon. Now, Sheetz has offered to sell at half price. An estimated 43.2 million people will travel to celebrate the 4th of July this year. This is not the first time that Sheetz has offered a concessional rate. It sold Unleaded 88 at USD 1.99 per gallon on Thanksgiving Day last week. The 4th of July is a federal holiday in the U.S.A. It is celebrated as Independence Day to commemorate the ratification of the Second Continental Congress on 4 July 1776. It established the U.S.A.

Greece’s newly-appointed foreign minister says his country is ready to start talks with Turkey to resolve a long-standing dispute over maritime borders that has repeatedly brought the two neighbors to the brink of armed conflict

US Independence Day celebrates the Second Continental Congress' unanimous adoption of the Declaration of Independence on July 4, 1776, a document announcing the colonies' separation from Great Britain. One year later, according to the Library of Congress, a spontaneous celebration in Philadelphia marked the anniversary of American independence. But across the burgeoning nation, observations didn't become commonplace until after the War of 1812. July 4 US Independence Day Q