Country Financial News

Eddie Jones and the Wallabies have spent this week preparing for the remote possibility of making the Rugby World Cup quarter-finals after a disastrous campaign. Their chances hinge not on their own performance, but a mathematical miracle in Portugal’s upcoming game against Fiji.

Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as Nvidia's dominance in AI chips has chilled funding for startups looking to compete directly. Graphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% to $204.6 million, according to a filing of its 2022 financial statements filed Wednesday. Revenue declined 46% to $2.7 million.

Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about housing, banks and even the fiscal sustainability of the U.S. government.

Florida-based Carrier, a global heating, ventilation and air conditioning giant, is looking to ramp up investments in India, chairman and chief executive David Gitlin tells ET's Mohit Bhalla in an interview. Edited excerpts: What do you make about the general business environment in India? We've been very positive about the business environment for decades. We established a presence here in 1987.

PoK) and called for respecting sovereignty and territorial integrity of the country. MEA spokesman Arindam Bagchi said India’s stand on the entire Union territory of Jammu and Kashmir being an integral part of India is well known. “We would urge the international community to respect our sovereignty and territorial integrity. We have raised our concerns about the visit of the US ambassador to Pakistan with his country (US side),” he told reporters. US Ambassador to Pakistan Donald Blome recently paid a six-day visit to Gilgit-Baltistan during which he visited different areas and met local representatives and Gilgit-Baltistan government officials also. On Canada, when asked who will ensure that Canadian visas, especially for students, are issued once staff is downsized by two-thirds, Bagchi said, “It is up to the Canadian side who they staff their missions with.

By Marcelo Teixeira

arsonists setting at least two houses on fire, news agency PTI reported, citing the inputs received from police personnel. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! The incident was reported in New Keithelmanbi in Patsoi police station area around 10 pm on October 4, the police officials reportedly said.

India a USD 5 trillion economy and itself aims to become a USD 1 trillion economy by 2030. Patel, addressing the FICCI's National Executive Committee Meeting (NECM), said Gujarat is recognised as the growth engine of India.

Bangladesh has received the first uranium shipment from Russia to fuel the country’s only nuclear power plant, still under construction by Moscow

Japan’s wrecked Fukushima nuclear power plant says it has begun releasing a second batch of treated radioactive wastewater into the sea after the first round of discharges ended smoothly

The German government says developed countries have pledged $9.3 billion to help poor nations tackle climate change

Hyundai and Kia say they're adopting North American Charging Standard ports for their electric vehicles in the U.S. and Canada, which will give the vehicles access to thousands of Tesla Superchargers across the two countries and Mexico

The governors of Massachusetts, Connecticut and Rhode Island plan to procure offshore wind energy together

South Africa’s overall mining profits slipped by more than $5 billion in the last financial year

The Philippines has a long history of trying to attract Filipino American citizens and their families to come and add to the economy

The global economy has shown remarkable resilience but still bears deep scars from the coronavirus pandemic, the war in Ukraine and rising interest rates

Israel has quietly helped fuel Azerbaijan’s campaign to recapture Nagorno-Karabakh, supplying powerful weapons to the country ahead of its lightening offensive last month that brought the Armenian separatist enclave in its territory back under its control

An image of King Charles III will soon appear on Australian coins, more than a year after the death of his mother Queen Elizabeth II

Ukrainian officials say at least 51 civilians were killed in a Russian rocket strike on a village store and cafe in the eastern part of the country in one of the deadliest attacks in recent months

NEW DELHI : The drug regulator said it found 48 critical medicines, meant for domestic consumption, as “not of standard quality" in August. The samples were collected across the country. Some of these drugs are: MOL-PCB syrup given to children for pain relief; Nifedipine sustain release tablets I.P.

New Delhi: The first unmanned trial spaceflight of India’s manned space mission, Gaganyaan, “may be ready for takeoff next month," said Union minister of state for science and space, Jitendra Singh. The first test flight is scheduled to be undertaken by the Indian Space Research Organisation (Isro) by the end of this year—with a second trial, carrying a homegrown humanoid robot, set to take flight next year.