Cooper Financial News
29.08 / 12:01
MET
Cooper
country
Indian
UAE Navy delegation visits Indian Navy facilities for collaboration in meteorology, oceanography, weather modelling
UAE Navy Subject Matter Expert delegation led by Colonel Dr Ali Saif Ali Mehrazi arrived in India on August 27 on a four-day visit to specialised meteorology, oceanography and weather modelling units of Indian Navy (IN) at Kochi, Goa and New Delhi. This visit signifies the beginning of a new chapter in professional cooperation between the two navies, with the goal of exchanging professional knowledge, expertise, training and collaboration in the fields of meteorology, oceanography and weather and ocean modelling, a Defence Ministry release said. The UAE Navy delegation visited Kochi on August 28 where they met senior officers of the Navy for professional interaction at the Naval Operations Data Processing and Analysis Centre (NODPAC), which is a dedicated unit for aspects of oceanography, ocean state forecast and ocean modelling. They also visited the Indian Naval Meteorological Analysis Centre (INMAC), which looks into the aspects of weather forecasts and atmosphere modelling. The release said the UAE Navy delegation also visited the School of Naval Oceanology and Meteorology (SNOM), which caters to the Meteorological, Oceanographic and Numerical Weather Prediction (NWP) training needs of the Indian Navy. The Indian Navy over the years has accrued knowledge, expertise and skills in the domain of meteorology and oceanography, the release said. Through its dedicated units, the Indian Navy has also been supporting many countries in the Indian Ocean Region (IOR) with training in the fields as well as daily weather forecast services to ensure maritime safety in the region. The delegation would also be visiting Air Squadrons and Met Office at INS Hansa, Goa, which is the premier Naval Air Station of the Navy followed by a
29.08 / 10:33
FIVE
Digital
Cooper
Fighting
SPY
Anthem
Traffic
Poland is investigating disruptions to train traffic from unauthorized radio signals
Polish security authorities are investigating multiple cases of disruption to railway traffic, after unauthorized radio signals stopped several trains over the weekend
29.08 / 10:33
MET
Cooper
Manufacturing
Strategy
Huawei
Cooperation
Top Chinese official tells the US commerce secretary he's ready to improve cooperation
The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension
29.08 / 09:51
Digital
Cooper
Booking
Amazon
Apple
country
services
New Zealand plans digital services tax for multinationals from 2025
New Zealand said on Tuesday it would introduce legislation for a digital services tax on large multinational companies from 2025 after talks for a global rollout did not reach consensus at the Organization for Economic Cooperation and Development (OECD). More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinationals that are widely considered to be outdated as digital giants like Apple or Amazon can book profits in low-tax countries. But the proposal was pushed back last month after countries with digital services taxes, with the exception of Canada, agreed to hold off applying them for at least another year. «While we will keep working to support a multilateral agreement, we are not prepared to simply wait around until then to find out,» Finance Minister Grant Robertson said in a statement. «We don't think it's fair that everyday Kiwis pay their fair share of taxes but there's no tax liability for large multinationals.» The proposed digital services tax will target multinational businesses that earn income from New Zealand users of social media platforms, search engines, and online marketplaces. The tax would be payable by businesses that make over 750 million euros ($812 million) a year from global digital services and over NZ$3.5 million a year from digital services provided to New Zealand users.
29.08 / 07:51
Cooper
Aware
Action
Explainer
Mint Explainer: Why Putin skipped BRICS and G20
President Vladimir Putin of Russia will be unable to attend the G20 Summit in New Delhi, the Kremlin announced last week. This came after Russia’s longtime leader also skipped the BRICS Summit in South Africa. Putin will also skip the East Asia Summit in Jakarta, which will see Prime Minister Narendra Modi participate.
29.08 / 07:51
COST
BLOCK
Digital
Cooper
Waters
Platform
country
global economy
SBI Report defines India-China strategic partnership to bolster global economy through BRICS+6
BRICS countries to reach an understanding with China on the issue of cross-border terrorism, said the State Bank of India (SBI) in a new research report. The report stated that there is a need for India and China to increase cooperation on issues like river water (Brahmaputra) data sharing, entry of Indian pharmaceutical companies into China, etc.
29.08 / 07:07
FIVE
Cooper
Matrix
Actor
star
cover
Mumbai
Kajol buys office space worth ₹7.6 crore in Mumbai: Report
₹7.64 crore at Oshiwara in Mumbai. The property is located at the same building where her husband Ajay Devgn bought five flats for ₹45 crore, according to media reports. The ‘Dilwale Dulhaniya Le Jaenge’ star has bought the flat with a carpet area of 194.67 sq m, situated in the Signature Building in Andheri West in Mumbai, the report said, adding that the agreement was concluded on July 28.
29.08 / 02:25
UPS
Cooper
Fighting
country
social
Biden's agenda for G20 Summit: Discussion on Russia-Ukraine war, climate change, and other global issues
Joe Biden will speak about various issues including the social effects of the Russia-Ukraine war, climate change, the capacity of the multilateral development banks to better fight poverty, etc., said White House press secretary Karine Jean Pierre in a media briefing on Monday. “President Biden will reaffirm the US commitment to the G20 as the premier forum of economic cooperation globally. He will discuss a range of joint efforts to tackle global issues, from the clean energy transition, the significant transnational challenges that are afflicting countries across the world, and others," she said as quoted by ANI.
29.08 / 01:57
Cooper
Fighting
Remark
country
social
Cooperation
At G20 Summit, Biden will reaffirm US commitment of economic cooperation, discuss Russia-Ukraine war: White House
Joe Biden will «reaffirm US commitment to the G20» as the premier forum of economic cooperation globally and will also speak about a range of issues, including the social effects of Russia's war in Ukraine, the White House said on Tuesday. White House press secretary, Karine Jean Pierre made the remarks during a media briefing. Announcing the President's schedule, Pierre said that Biden «will travel to Hanoi, Vietnam, on September 10 following his participation in the G20 Summit in New Delhi.» Responding to a question on topline goals President Biden hopes to accomplish at G20, the White House press secretary said, «President Biden will reaffirm the US commitment to the G20 as the premier forum of economic cooperation globally.» She also said that President Biden will «discuss a range of joint efforts to tackle global issues, from the clean energy transition and combating climate change to mitigating the economic and social impacts of Russia's war in Ukraine, to increasing the capacity of the multilateral development banks to better fight poverty and take on the significant transnational challenges that are afflicting countries across the world.» US President Joe Biden will travel to India on a four-day visit to attend the G20 Leaders' Summit in September in New Delhi during which he will discuss joint efforts to tackle global issues like climate change, including the Ukraine war with member nations, White House confirmed in a statement on August 22. It said Biden and G20 partners will also discuss clean energy transition and combating climate change increasing the capacity of multilateral development banks. India is set to host G20 Summit on September 9 and 10. Prime Minister Narendra Modi visited the US in June, where
28.08 / 22:17
UPS
Cooper
Citizens
Waters
country
cover
Fukushima residents are cautious after the wrecked nuclear plant began releasing treated wastewater
Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant are mixed amid uncertainty about how consumers may respond a day after treated and diluted radioactive wastewater began to be released into the sea
28.08 / 22:17
FIVE
Digital
Cooper
Fighting
SPY
Anthem
Traffic
Poland is investigating disruptions to train traffic from unauthorized radio signals
Polish security authorities are investigating multiple cases of disruption to railway traffic, after unauthorized radio signals stopped several trains over the weekend
28.08 / 17:01
28.08 / 15:05
UPS
MET
Cooper
TDP, YSRCP approach Election Commission over bogus e-roll entries; blame each other
Congress in Andhra Pradesh and the opposition TDP on Monday approached the Election Commission, urging it to weed out bogus entries from the state's electoral rolls and accusing each other of vitiating the voters' list.
28.08 / 14:21
Cooper
Progressive
foreign
Modi-Putin discuss bilateral ties & Brics; Russia to send its foreign minister to G20 Summit
Putin held a telephone conversation with Prime Minister Narendra Modi on Monday. The two leaders reviewed progress on a number of issues of bilateral cooperation and exchanged views on regional and global issues of mutual concern, including space cooperation and an upcoming summit of the G20, the PMO said in a statement released on the same. President Putin also conveyed his inability to attend the G20 Summit in New Delhi on September 9–10, 2023, and informed that Russia would be represented by the Foreign Minister of the Russian Federation, Sergey Lavrov, the PMO further said. The two leaders took part in a summit of the BRICS group of emerging economies in South Africa last week, Modi in person and Putin by video link. Last week on Saturday, the Press Secretary to the Russian President Dmitry Peskov had informed the Russian media that President Vladimir Putin will not participate in the G20 leaders’ summit to be held in New Delhi. These developments are in line with other recent international summits held after the beginning of the Ukraine crisis in February 2022, where Putin has remained absent. The International Criminal Court (ICC) had earlier in March issued an arrest warrant for Putin and another Russian official.
28.08 / 07:25
FIVE
Cooper
Kenya's Defence Secretary arrives in India, will hold talks with Rajnath Singh
Kenya's Cabinet Secretary for Defence, Aden Bare Duale, arrived in New Delhi on Monday on a three-day visit to India. During his stay in India, he will hold talks with his Indian counterpart, Defence Minister Rajnath Singh, on Tuesday. The visiting dignitary is expected to visit Indian shipyards and defence industries in Goa and Bengaluru, according to the statement released by the Ministry of Defence. This is the maiden visit of Cabinet Secretary Duale to India and the highest-level stand-alone political visit from Kenya since the new government assumed office in September 2022. «The visit is indicative of the importance India attaches to its relations with African nations and the growing cooperation between India and Kenya, in particular.
28.08 / 05:37
UPS
Lowe's
Target
FIVE
Cooper
Volkswagen
Deal
Chinese EV startup Xpeng shares soar 13% after announcing $744 million deal with Didi
BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi's smart electric car development business in an exchange of shares worth $744 million.
28.08 / 04:53
UPS
Cooper
Mobile
'Shobha yatra': Security stepped up in Nuh, drones deployed for surveillance
Sarv Jatiya Hindu Mahapanchayat's call for a 'shobha yatra' on Monday, officials said. Authorities have denied permission for the yatra. As a precautionary measure, the Nuh district administration has already ordered the closure of educational institutions and banks on Monday, suspended mobile Internet and bulk SMS services, and imposed prohibitory orders in the communally-sensitive district. Outsiders have been barred from entering Nuh with security personnel being deployed at all the entry points of the district.Haryana Police personnel and paramilitary forces have been deployed to keep a strict vigil. Security has been tightened at inter-state and inter-district borders, they said. Multiple layers of barricades have been erected by police at various points and all vehicles entering Nuh were thoroughly checked by security personnel.
28.08 / 04:07
UPS
Target
Cooper
Mobile
Deal
China's Xpeng to acquire Didi's smart EV unit in deal worth up to $744 million
Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle unit and the two companies will form a strategic partnership. Xpeng's shares surged around 16% in early Monday trade. As part of the deal, which could be worth as much as $744 million, Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment. «Project 'MONA' will accelerate the Company's production and sales growth and help achieve greater economies of scale,» Xpeng said in a statement. Didi will support the launch by «providing access to its mobility market» and the two companies will explore strategic cooperation in a number of areas, including marketing, financial and insurance services. Didi will acquire around 3.25% of Xpeng shares under the deal, which could increase depending on whether production and sales targets are fulfilled.
28.08 / 02:53
UPS
Cooper
Citizens
Waters
country
cover
Fukushima residents are cautious after the wrecked nuclear plant began releasing treated wastewater
Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant are mixed amid uncertainty about how consumers may respond a day after treated and diluted radioactive wastewater began to be released into the sea
28.08 / 02:39
Target
Cooper
Mobile
China's Xpeng to take over Didi's smart EV unit, shares soar
HONG KONG (Reuters) — Chinese electric car company Xpeng (NYSE:XPEV) said it will acquire ride-hailing giant Didi's smart electric vehicle unit and the two companies will form a strategic partnership.
27.08 / 22:13
MET
Cooper
Waters
country
voice
foreign
Libya suspends foreign minister after meeting with Israeli foreign minister
JERUSALEM/TRIPOLI (Reuters) — Libya's prime minister suspended Foreign Minister Najla Mangoush on Sunday and referred her for investigation after Israel said its Foreign Minister Eli Cohen had met her last week despite the countries not having formal relations.
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