Country Financial News

04.08 / 20:27
UPS Citi Provident Orange country The UN cut their food aid this summer. These Palestinians now struggle to find their next meal
Thousands of families in the West Bank and Gaza Strip are struggling with deep food insecurity two months after being cut from the United Nations’ main food assistance program
04.08 / 20:27
COST Waves Maxim Extreme country PUMP Gas prices are rising (again). The heat and supply cuts impact what you pay at the pump, experts say
U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump
04.08 / 20:27
COST UPS Amazon CEO country reports Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher
Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading
04.08 / 20:27
BLOCK Citizens love country blast 3 years after Beirut port blast, intrigue foils an investigation and even the death toll is disputed
Three years after Beirut’s massive port explosion, attempts to prosecute those responsible are mired in political intrigue and the death toll remains disputed
04.08 / 20:27
COST UPS track country Deal Global food prices rise after Russia ends grain deal and India restricts rice exports
Global prices for food commodities like rice and vegetable oil have risen for the first time in months after Russia ended a deal allowing Ukraine ship grain and India restricted some rice exports
04.08 / 20:27
Digital Cooper Discover love country electronic Austrian leader proposes enshrining the use of cash in his country's constitution
Austria’s leader is proposing to enshrine in the country’s constitution a right to use cash, which remains more popular in the Alpine nation than in many other places
04.08 / 20:27
UPS Mobile country Egypt raises interest rates as it battles spiraling inflation and households struggle to keep up
Egypt’s Central Bank announced a new hike in interest rates as the cash-strapped North African country battles surging inflation and a depreciating currency
04.08 / 20:27
UPS Provident Cooper Fighting Strategy country Cooperation Japan's Kishida hopes to further strengthen strategic cooperation with US and South Korea at summit
Japanese Prime Minister Fumio Kishida says he has high hopes to discuss further strengthening of three-way strategic cooperation with the United States and South Korea at a summit hosted by President Joe Biden at Camp David later this month
04.08 / 19:51
COST UPS Waves show country Remove wheat import duty till Feb for food security: FCI
NEW DELHI : Food Corp. of India (FCI) has recommended the finance ministry remove import duty on wheat till February 2024 till fresh arrivals start to maintain the country’s food security and arrest rising food prices, a government official said. This recommendation comes over a year after the government banned wheat exports due to brutal heat waves that damaged wheat crops, sparking concerns about wheat availability in the country.
04.08 / 18:37
Manufacturing Apple DELL country social electronic Cos get breather as import curbs on PCs are deferred
NEW DELHI : The government has extended the deadline for implementing import restrictions on laptops, tablets, and servers to 1 November, a late evening government notification said. According to the notification from the Directorate General of Foreign Trade, import consignments can be cleared without a licence until 31 October. “There will be a transition period for this to be put into effect, which will be notified soon," Rajeev Chandrasekhar, minister of state for electronics and information technology, said in a post on social media X on Friday before the notification was issued.
04.08 / 18:37
Target Manufacturing DELL country cover electronic Importing Laptops Into India Will Now Require a Permit
Make in India program, which offers incentives for manufacturing electronics and other high-tech goods locally, with eligible companies standing to recoup millions of dollars of their investments. The country initially targeted the program at smartphones and has since expanded it to other areas, including drones and semiconductors as well as tech hardware.
04.08 / 18:37
Digital Apple Samsung show performer country Apple hits India sales record: Cook
NEW DELHI : Apple Inc.’s chief executive Tim Cook on Thursday said that the company achieved “strong double digits" growth to report record revenue in India for the June quarter. “We also opened our first two retail stores during the quarter. And it’s, of course, early going currently, but they’re currently beating our expectations in terms of how they’re doing.
04.08 / 18:37
UPS IPO ByteDance TikTok country electronic strain China Has Become a Strain on Private-Equity Firms
TikTok owner ByteDance, another highly valued private tech company that counts private-equity funds among its shareholders, shelved its IPO plans. In 2022, the average annual return for China private-equity funds, including venture capital funds, was minus 5.6%, according to estimates from data-analytics firm Burgiss. That was the lowest since the global financial crisis in 2008, although it was better than the global average last year.
04.08 / 18:15
UPS Assurant performer country NOT audit Audit unreliable, invalid if files not submitted: NFRA
NEW DELHI : Absence of audit documentation and failure to submit audit files to the regulator is clear evidence that the audit is unreliable and invalid, National Financial Reporting Authority (NFRA) has said in a regulatory order. NFRA said not maintaining audit files is viewed seriously by global regulators including Public Company Accounting Oversight Board of the US.
04.08 / 18:15
Target BLOCK Man Parke Subway country social debate South Korea’s ‘Don’t Ask Why’ Stabbings Prompt New Debate on Criminal Punishment
A string of random stabbings in South Korea has inspired online threats of copycat attacks and unnerved the country of 52 million, pushing officials to consider adding new criminal punishments such as life imprisonment without parole. Lawmakers and local media have referred to the knife-wielding incidents as “Don’t Ask Why" crimes, given the lack of clear motives behind the violence and indiscriminate victim targeting. South Korea, where strict firearm laws block nearly all civilians from gun ownership, had recently reported a decade-low level of crime, with its murder rate dropping to 1.3 homicides per 100,000 people, according to the latest government data.
04.08 / 17:56
Provident Digital Google Platform Mobile country HC dismisses pleas by startups against Google billing policy
NEW DELHI : The Madras High Court on Thursday dismissed 14 of 16 petitions against Alphabet Inc.’s Google for its in-app payment billing policy on the Play Store mobile app marketplace. Responding to appeals by startups such as Bharat Matrimony, audiobook platform Pratilipi, and ed-tech platform Unacademy, the high court ruled that the issue falls under the jurisdiction of the Competition Commission of India (CCI), and as such, any decision taken by the antitrust watchdog will be binding upon all parties.
04.08 / 17:23
UPS Provident Digital Progressive Kaiser country Financial Lithuanian Financial Intelligence Arm Lists Several Crypto Firms as New AML Violators
The Financial Intelligence Unit (FNTT) of Lithuania has released a new list of anti-money laundering (AML) violators, featuring several crypto service providers in the country.
04.08 / 17:23
Citizens Platform Mobile country Mobile restriction in, er, restricted China
China, which sort of leads the pack, is one of the Biggest Brothers. (To know about North Korea, one has to take a peek in, which is tough.) After curbing citizens' access to several internet platforms that people in other countries take for granted, the nanny state HQed in Beijing is apparently proposing new measures to curb the amount of time kids can spend on their phones.

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