Country Financial News

Joe Biden is a mental catastrophe and he will lead the US to World War III. As reported by Forbes, Trump said, "Joe Biden has gone mad a stark raving lunatic with horrible and country threatening environmental open borders and DOJ, FBI. Trump further slammed the US president Joe Biden over his weaponisation policies and termed him as "a mental catastrophe," that is leading his country to World War III.

Germany’s biggest energy utility, RWE, has pledged to invest about $6 billion in a major expansion of its Australian renewable power business by 2030, undeterred by the hurdles in the way of the build-out of wind and solar energy across the country.

dollar nursed its sharpest drop in a month and a half on Wednesday, as investors bet that softer-than-expected U.S. jobs data reduced the chances of further Federal Reserve rate hikes. The Japanese yen hovered around 146 per dollar following its overnight rebound from a 10-month trough at 147.375, as a drop in Treasury yields took away support for the U.S.

The figures by fund manager Janus Henderson estimated that 88% of companies globally had either increased their dividends or held them steady in Q2, resulting in $568.1 billion worth of worldwide payouts since the start of the year. The fastest growth came in Europe, where a number of countries such Italy and Spain have introduced or are looking at windfall taxes on bumper profits made by banks and energy firms on the back of rising interest rates and energy prices. Dividends were up nearly 10% to $184.5 billion. That did not including Britain, where the quarterly total dropped to $30.7 billion from last year's $34.9 billion, when oil and gas firms saw a leap in payments after Russia's invasion of Ukraine sent commodity prices surging. This time around, the surge in global interest rates meant banks contributed half the world's dividend growth and drove a quarter of Europe's increase.

Muslim call to prayer will ring out more freely in New York City under guidelines announced Tuesday by Mayor Eric Adams, which he said should foster a spirit of inclusivity. Under the new rules, Adams said, mosques will not need a special permit to publicly broadcast the Islamic call to prayer, or adhan, on Fridays and at sundown during the holy month of Ramadan. Friday is the traditional Islamic holy day, and Muslims break their fast at sunset during Ramadan. The police department's community affairs bureau will work with mosques to communicate the new guidelines and ensure that devices used to broadcast the adhan are set to appropriate decibel levels, Adams said. «For too long, there has been a feeling that our communities were not allowed to amplify their calls to prayer,» Adams said.

Russia has informed Brazil's aircraft investigation authority that it will not probe the crash of the Brazilian-made Embraer jet that killed mercenary boss Yevgeny Prigozhin under international rules «at the moment», the Brazilian agency told Reuters on Tuesday. Prigozhin, two top lieutenants of his Wagner Group and four bodyguards were among 10 people who died when the Embraer Legacy 600 crashed north of Moscow last week. He died two months to the day after staging a brief mutiny against the Russian defense establishment that posed the biggest challenge to President Vladimir Putin's rule since he rose to power in 1999. Brazil's Center for Research and Prevention of Aeronautical Accidents (CENIPA), in the interests of improving aviation safety, had said it would join a Russian-led investigation if it were invited and the probe held under international rules. Russia's aviation authority was not obligated to say yes to CENIPA, but some former investigators said it should, as the U.S. and other Western governments suspect the Kremlin of being behind the Aug.

India on Tuesday said it has decided to allow export of rice to Singapore in view of the special relationship between the two countries.

Henry Luo was walking through a park in Sydney with his elderly father and two toddlers when a stranger approached him, kicked a fence and screamed at him about Chinese people hoovering properties in Australia.

A plane carrying Israelis home from the Indian Ocean island nation of Seychelles has made an emergency stop in Saudi Arabia before flying back to Tel Aviv

Nirmala Sitharaman said, while exuding confidence that India will be able to manage the spillovers of high US interest rates. In a freewheeling interview with ET, Sitharaman said Prime Minister Narendra Modi will return to power in 2024 with «good numbers» as the government had delivered on its promises. She said that while some items may be experiencing inflation, «broad-basket inflation» was steady, and RBI was looking at the country's needs rather than syncing its activities with other central banks. Some individual commodities may be seeing a price surge and «all the perishables, and also vegetables, because they are all short-duration, and because of the way the monsoon (has progressed)...it (inflation) can see recurrence,» the finance minister said. «But overall, I think the basket itself is steady,» she said, adding that most central banks are becoming more considerate of growth-related concerns. Responding to a question on private sector investment, the finance minister said the buzz at last week's B20 summit couldn't have happened if Indian companies were still hesitating. «No, they now want to actively be in the game, also become big players — big, meaningful and impactful players, each according to their size.» «I think the Indian private sector has come into the game...investors are coming forward, industry is coming forward,» she said, emphatically asserting that private sector capex had taken off.

₹200 per cylinder. While the move has been lauded by lawmakers from the BJP-led NDA, members of the INDIA alliance dubbed it a ‘political gimmick’ ahead of the Lok Sabha polls. “Till now, only TWO meetings have been held in the past TWO months by the INDIA alliance and today, we see that LPG prices have gone down by ₹200.

By Lisa Pauline Mattackal

U.S. officials say the FBI and its partners in Europe infiltrated and seized control of a major malware network that was used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks

TikTok, Reddit, Pinterest and X, formerly Twitter. Meta said the operation, known in the security community as “Spamouflage," dated back to 2019 and was linked to individuals associated with Chinese law enforcement. Meta said the China network was pushing positive commentary about the country as well as criticism of the U.S.

Andrew Forrest, Fortescue’s executive chairman, who is currently facing questions over high executive turnover at his companies, has offered advisory work to former British chancellor Kwasi Kwarteng.

Boeing and the CSIRO say Australia could source as much as 60 per cent of its jet fuel requirements from sustainable sources in just 18 months – but only if airlines, jet fuel companies and plane manufacturers work with government to unlock supplies of feedstock.

G20 Summit gets underway in New Delhi next week under India's presidency. The September 8-10 meeting will see more than 30 heads of delegations, including the presidents of USA, China, France, UK and Brazil, and leaders of invitee countries from Southeast Asia, South Asia and the Arab world, debate pressing global issues, according to officials. The summit is being seen as a major achievement of the Indian government under Prime Minister Narendra Modi, who is expected to hold meetings with each of the visiting leaders.

Hero MotoCorp, the country's largest two-wheeler maker known for its entry-level bikes, is looking to create a portfolio of premium motorcycles and scooters with the launch of multiple products in the next two years. Chief executive officer Niranjan Gupta told ET that growing footprint in the premium two-wheeler segment is a priority for the company. Hero MotoCorp's Splendor and Passion dominate the country's entry-level motorcycles segment. A larger chunk of the about '1,000 crore the company has earmarked for spending annually will be used for designing premium and electric vehicles to strengthen the company's presence in these two categories, Gupta said. The CEO, who was speaking on the sidelines of the launch of the 210cc Hero Karizma motorcycle, said the company will continue to build its presence in the premium segment with multiple launches over the next four to eight quarters.

NEW DELHI : Private companies will be a major partner in India’s future space missions, including those to Mars and Venus, and India is not behind any world power, including China, in technical capability although the country needs to build scale, NITI Aayog member and defence scientist V.K. Saraswat said in an interview.

By Safiyah Riddle

By Jody Godoy