Cooper Financial News

Nippon Steel says it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal

India will continue to flourish under the leadership of the country's incoming Prime Minister Lawrence Wong who will be sworn in on May 15, the Singapore Indian Chamber of Commerce and Industry (SICCI) has said. «As Prime Minister Lee Hsien Loong prepares to hand over (leadership of the city-state) to his successor, Deputy Prime Minister Lawrence Wong, we are confident that Singapore-India ties will continue to flourish,» said SICCI Chairman Neil Parekh on Saturday night at the centenary celebrations of the chambers. «This is all the more so since DPM Lawrence Wong co-chaired the India-Singapore Ministerial Roundtable, which has set the stage and the tone for long-term ties between our two countries,» he said at the SICCI centennial celebration gala dinner. Singapore President Tharman Shanmugaratnam was the guest of honour at the dinner attended by some 700 business and community leaders from the prosperous Asian financial centre.

Blue Corner Notice is issued by the international police cooperation body to collect additional information from its member countries about a person's identity, location or activities in relation to a crime. Karnataka CM Siddaramaiah held an "important meeting" with the officials of the Special Investigation Team (SIT), during which he instructed that immediate action be taken to arrest Prajwal Revanna. "We will proceed for arrest with appropriate measures.

External Affairs Minister S Jaishankar on Saturday said what is happening in poll-bound Canada over the killing of Khalistan separatist Hardeep Singh Nijjar is mostly due to their internal politics and nothing to do with India. Jaishankar said this while replying to a question on why Canadian Prime Minister Justin Trudeau is criticizing India. While interacting with senior journalists during a visit here, he also said the country needs a strong and active Prime Minister like Narendra Modi in order to bring further reforms in various sectors to make a «Viksit Bharat (developed India)». «India's image globally is now actually much much higher than it had been ever… Canada is an exception. You see the different country heads are praising Bharat and its Prime Minister,» the external affairs minister said.

Boris Becker was released from bankruptcy proceedings in a London court after the presiding judge determined he had taken all reasonable steps to settle his debts with creditors, who were owed tens of millions of pounds, as per Reuters. Despite falling significantly short of repaying the nearly 50 million pounds ($62.5 million) he owed, Chief Insolvency and Companies Court Judge Nicholas Briggs concluded that discontinuing the case was the just course of action due to Becker's earnest efforts, the report added.

Binance founder Changpeng Zhao received a far more lenient prison sentence than anticipated at his Seattle court hearing on Tuesday.

India and Nigeria have identified areas such as crude oil, natural gas, pharmaceuticals, Unified Payments Interface (UPI), local currency settlement system, and power sector to increase cooperation for boosting economic ties. The commerce ministry on Friday said that these issues among others were discussed during a recent visit of a seven-member delegation from India to Nigeria. The delegation was led by Additional Secretary, Department of Commerce, Amardeep Singh Bhatia. The Indian delegation consisted of officials from Reserve Bank of India (RBI), EXIM Bank of India and National Payments Corporation of India (NPCI), the ministry said in a statement.

Kishida unveiled an international framework for regulation and use of generative AI on Thursday, adding to global efforts on governance for the rapidly advancing technology. Kishida made the announcement in a speech at the Paris-based Organization for Economic Cooperation and Development.

The Times Of India that his visit could take place early next week. This will be the first high-level visit by either since the pro-China president Mohamed Muizzu defeated his India-friendly predecessor Ibrahim Solih and took office last year. Since then, India's relations with its neighbor in the Indian Ocean have suffered repeatedly as a result of Muizzu's efforts to restrict defense and security cooperation with India.

Japanese Prime Minister Fumio Kishida has unveiled an international framework for regulation and use of generative AI

USA Cricket has roped in Indian dairy brand Amul as the Lead Arm sponsor of its men's national cricket team for the ICC Men's T20 World Cup 2024. The announcement was made in the presence of the Consul General of India in the USA, Binaya R. Pradhan, Gujarat Cooperative Milk Marketing Federation (GCMMF) MD Jayen Mehta, and the USA cricket team at the Consulate General of India, New York. The ICC tournament will commence on June 1 with the opening match scheduled between USA and Canada in Dallas, TX. As co-hosts of this major ICC event, the USA will make its debut appearance in this global championship.

Norway Martine Aamdal Bottheim signed the documents for the 4th phase of Norway India Partnership Initiative (NIPI) extending cooperation in various health schemes. Under the initiative which commenced in 2006 various Indian states including Odisha, Bihar, Rajasthan, Madhya Pradesh and the UT of Jammu and Kashmir have received support to augment facilities in terms of maternal and child health care. A health initiative between Government of India and Government of Norway, the Norway India Partnership Initiative (NIPI) Phase 3 builds on experiences from NIPI 1 & 2 and focuses on areas of Maternal, Newborn and Child Health.

Japan’s Prime Minister Fumio Kishida says he will stress the need for a rules-based international order when he attends a meeting of the Organizations for Economic Cooperation and Development in Paris

State Comptroller Matanyahu Englman called on the country's Prime Minister and military chief of staff to cooperate with his office's probe into the failures of October 7 in separate letters sent on Wednesday. «My public and ethical duty as the state auditor is to carry out a comprehensive audit of the biggest failure in the history of the state, the Simchat Torah massacre on October 7,» Englman wrote in a letter to Israel Defense Forces Chief of Staff Lt.-Gen. Herzi Halevi.

100 schools in Delhi-NCR have received bomb threats, as per ANI. While the complete list of schools has not yet been released, here are the names that have been revealed so far, as per various media reports. ANI reported, citing officials, that the schools in the Delhi-NCR region received the bomb threats via mail on May 1.

HSBC, Europe’s largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post

South Korea’s opposition leader has pressured President Yoon Suk Yeol to accept special investigations into allegations involving top officials and his wife, as they met for talks on bipartisan cooperation

Indian Coast Guard and the Anti-Terrorist Squad (ATS) Gujarat recently intercepted an Indian fishing boat at sea, seizing a significant haul of narcotics. The joint operation resulted in the apprehension of two individuals suspected of involvement in the illicit drug trade. This successful mission follows closely on the heels of another operation where the Indian Coast Guard seized a Pakistani fishing boat carrying 86 kg of drugs worth Rs 600 crore. These efforts underline the ongoing efforts to combat drug trafficking in the region. The Indian Coast Guard and the Anti-Terrorist Squad (ATS) Gujarat have intercepted an Indian fishing boat at sea, seizing a substantial quantity of narcotics. The joint operation led to the apprehension of two individuals suspected of involvement in the illicit drug trade. This successful mission follows closely on the heels of another recent interception. On April 28, the Indian Coast Guard seized a Pakistani fishing boat in a separate anti-narcotics operation, confiscating 86 kg of drugs worth Rs 600 crore and arresting 14 individuals onboard.

₹5,000 crore may be offered for developing the ecosystem for building inland vessels in the country to support movement of cargo on national waterways. Capital support may also be considered for producers of sea bound vessels at a later stage. At present 14 PLI schemes with an outlay of ₹ 1.97 trillion are under implementation for five years from FY22.

Tesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show

ALSO READ: India approves export of 10,000 tonnes of onion each to Sri Lanka, UAE On December 8, 2023, the Indian government had banned export of onions. The ban on export of onions was imposed to ensure adequate domestic supply against the backdrop of estimated lower Kharif and Rabi crops in 2023-24 compared to the previous year.