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fossil fuels, tens of thousands of protesters on Sunday kicked off a week where leaders will try once again to curb climate change primarily caused by coal, oil and natural gas. But protesters say it's not going to be enough. And they aimed their wrath directly at U.S.

raising interest rates to slow the economy, policymakers hoped for an even rosier outcome. They wanted to achieve a “soft landing", which involves both bringing down inflation, and doing so without mass job losses. It is a lot to ask of a tool as blunt as monetary policy.

By Florence Tan

reality is many people are annoyed by my rise and believe that a 38-year-old is too young to be US President. The fact of the matter is Thomas Jefferson was 33 years old when he wrote the US Declaration of Independence. He also invented the swivel chair while he was at it, by the way," he asserted.

Investing.com-- Most Asian stocks fell on Monday as investors remained broadly risk-off before a string of major central bank rate decisions this week, with the Federal Reserve being the main point of focus.

Investing.com-- Oil prices fell slightly in Asian trade on Monday as traders hunkered down in anticipation of several key central bank meetings this week, although the prospect of a tighter market, on more supply cuts, kept prices at 10-month peaks.

data center major Colt DCS is looking to invest over $1.3 billion in India to develop hyperscale and enterprise solution data center campuses over the next 3-4 years, said a top official of the company. The London-headquartered company is looking to develop two campuses including one in Mumbai region and one in Chennai as per its India growth plan to begin with and in other key cities of the country in the years to come. For the Mumbai region project, the investment amounts to $115 million in the first phase, and the overall estimated investment for this campus stands at around $750 million. «Colt DCS' entry into the Indian market reaffirms our commitment to become the leading customer-centric data centre operator in the industry. Our strategic expansion is only set to continue with new sites expected across the country as we look to provide high quality data centre services,” Niclas Sanfridsson, CEO, Colt DCS, told ET. In Navi Mumbai’s Airoli locality, the company is setting up a 120 MW hyperscale data center spread over 15 acres.

HSBC pays for bankers’ nannies in India for up to six years. Morgan Stanley allows pregnant staff to expense cab rides, and Citigroup Inc. lets new moms work from home for a year after their maternity leave runs out. Across India, global financial firms are expanding maternity benefits to include perks rarely seen elsewhere, part of an effort to attract and retain female employees. Overall, less than a quarter of adult women in India work, among the lowest rates in the world. “We will never become a developed country without women’s participation,” said Aditya Mittal, chief human resources officer of Citi India & South Asia. The bank last week announced that new moms will now have the option to work from home for up to a year after their paid leave ends.

Ukraine and its visiting president take center stage at the United Nations this week, but developing countries will be vying for the spotlight as well as they push for faster action on poverty and inequality at the first full-on meeting of world leaders since the COVID-19 pandemic disrupted travel three years ago. The annual meeting at the U.N. General Assembly takes place at a polarizing and divisive juncture in history — the most fraught and dangerous since the Cold War, according to many analysts and diplomats. They point to Russia's invasion of Ukraine in February 2022, which upended already difficult relations among major powers as well as the ongoing impact of the pandemic, high food prices, the worsening climate emergency, escalating conflicts, and the world's failure to tackle poverty, hunger and gender inequality. For developing countries, the top priority is the U.N.'s two-day summit starting Monday aimed at generating action by world leaders to achieve 17 wide-ranging and badly lagging global goals by 2030.

San Francisco 49ers defensive end Nick Bosa has just inked a historic contract extension, solidifying his status as one of the NFL's top talents and the highest-paid defensive player in league history, ESPN's Adam Schefter and NFL Network insider Ian Rapoport reported, citing sources familiar with the deal. The staggering five-year contract is worth a whopping $170 million, with a jaw-dropping $122.5 million guaranteed.

History in Saint-Etienne as a superb and desperate Fiji beat Australia for the first time in 69 years, keeping their quarter-final hopes alive and putting the Wallabies Rugby World Cup campaign on a knife’s edge – a bonus point win against Wales next Sunday is non-negotiable.

London | If you suffer from obesity, Danish pharmaceutical giant Novo Nordisk has two talk-of-the-town drugs, Ozempic and Wegovy, that might be able to help you slim down. But for Denmark as a whole, the reverse is true: these miracle medicines are actually fattening up an otherwise shrinking economy.

Joe Biden and world leaders to end fossil fuel use. With parades, concerts, and banging drums, some of the 15,000 expected waved signs that read «End Fossil Fuel Use» and "Fossil Fuels Kill" and «Declare a Climate Emergency.» One man was dressed as a melting snowman warning of rising sea levels. The message was for world leaders to save the planet from the use of oil and gas believed to be driving a warming globe. Sunday's protests were part of a week-long international effort by Climate Group, a non-profit whose purpose is to drive climate change action and stop global warming, with more than 500 protests planned in the US, Germany, England, South Korea, India and elsewhere, totaling 54 countries. Organizers of the protests expect a global turnout of more than a million people. «Climate Week NYC is all about getting it done,» organizers wrote online.

Gujjar-Bakerwal community of Jammu and Kashmir held a Maha Panchayat on Sunday in Srinagar threatening to come on the roads if the government doesn't withdraw the proposed Scheduled Tribe (ST) Amendment Bill and the Forest Conservation Act. The community representatives have urged Prime Minister Narendra Modi to give a gift to them on his birthday by not snatching or sharing their rights and reservation. «Today, 14 crore Hindu Gujjars of the country are standing with the Gujjars of J&K. We request the prime minister to give a birthday gift to our community.

Beam Global, maker of Teacher's whisky and Roku gin, more than doubled its sales in the past two years to over ₹1,000 crore in FY23, but new launches widened losses. Sales rose 54% to ₹1,163 crore during the year to March 2023, compared to ₹756 crore in FY22. Net losses increased to ₹299.7 crore last fiscal against ₹262.3 crore a year ago, as per latest filing with the Registrar of Companies. In FY21, it had net sales of ₹531 crore on net loss of ₹201 crore. In its annual filing, the company said it is on a consumer-insights-led journey to strengthen its core business from the House of Suntory building growth momentum in the premium segments of whisky category in India. «The company has outlined a long-term strategic vision and is transforming people capability and building exceptional excellence to strengthen its brand portfolio.

Given strong economic fundamentals, India's sovereign rating should be much higher than what it is, although more needs to be done to convert the burgeoning global interest in the country into actual investment, Kaushik Shaparia, CEO of Deutsche Bank Group, India, told Bhaskar Dutta and MC Govardhana Rangan in an interview. Edited excerpts:Fund flows seem to be favouring India, valuations notwithstanding. What is happening in the economy or the financial markets to have drawn so much attention? I am of the view that India should not rest on its laurels.

AIDCF) has asked the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to order Star India to cease Disney+ Hotstar's free cricket stream, arguing that the customers served by its members are also demanding live cricket for free. The federation has filed a petition before the TDSAT against the Walt Disney-owned company's decision to offer the just-concluded Asia Cup and the upcoming ICC Men's Cricket World Cup for free to mobile users through its streaming platform, Disney+ Hotstar. The tribunal has issued a notice to Star India and asked it to file a reply by October 3. On TV, Star India is airing the matches on the Star Sports network, which is a paid broadcasting platform. Star India couldn't be reached for comment. ET was the first to report June 9 that Disney+ Hotstar will offer the Asia Cup and World Cup free to customers.

Switzerland wants to hold a vote on partially nationalizing UBS Group AG, newspaper Sonntagszeitung reported. The initiative proposes to amend the Swiss constitution to say that “large banks of systemic importance are to be managed as joint stock companies with the confederation as majority shareholder in terms of share capital,” according to the paper. The text is currently under review by federal authorities. If they greenlight it, the initiators have 18 months to collect 100,000 signatures for their cause. Parliament and cabinet ministers would then need to weigh in before the issue could be put to a national vote, a process that would likely take several years. Popular initiatives are a key part of Switzerland's system of direct democracy. Even if they don't succeed, they often influence public debate. After the governmentbrokered takeover of its former rival Credit Suisse, UBS's assets are now about twice the size of the Swiss economy. This has raised concerns that the bank would be too big to rescue. UBS “is a cluster risk for our economy,” said Bernhard Schmidt, the 58-year-old school headmaster from near Zurich who's leading the initiative, according to Sonntagszeitung. “In the next crisis, the whole country could go under.”

fastest-growing economy in the world? Not India. It is Guyana. The country's GDP is expected to grow 38% in 2023, after registering growth of 62% in 2022 and averaging over 30% in the two years before that.

NEW DELHI : India must follow mindful and environmentally conscious consumption and production rather than the single-minded pursuit of growth at any cost, federal policy think tank NITI Aayog vice chairman Suman K. Bery said in an interview. Bery proposed that emerging economic realities, including the potential of services exports, India’s prospects of becoming an agriculture superpower, and the dwindling potential of the manufacturing sector to create jobs due to increased productivity, warrant a review of the traditional notions on which development models are built.

Bollywood films drawing audiences back to the cinemas. While announcements are still pending, Salman has reportedly agreed to sign Sooraj Barjatya’s next family drama, and an action movie by director Vishnu Vardhan. Aamir Khan has reserved Christmas 2024 for a project yet to be named, while Akshay Kumar notified a sequel to the Welcome film franchise, eight years after the last project.