Country Financial News
23.11 / 16:35
markets
Provident
Digital
Progressive
Election
Experts
country
Tension boils over at COP29; two blocs of vulnerable nations leave negotiations meeting room mid-way
UN climate conference here on Saturday expressing strong dissatisfaction with the draft agreement on climate finance for the Global South. Negotiators from the Least Developed Countries (LDC) group and the Alliance of Small Island States (AOSIS) walked away from the meeting room as the developing and the developed nations discussed the latest draft.
23.11 / 16:35
23.11 / 14:19
UPS
economy
Trade
President
country
prevention
Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts
Mexico has been taking a bashing for allegedly serving as a conduit for Chinese parts and products into North America
23.11 / 14:19
Twitter
Target
Universities
country
Department
recommendations
Interviews
Musk unleashes online army on federal workers. ‘A tough way to find out she’s losing her job.’
Subscribe to enjoy similar stories. As co-director of President-elect Donald Trump’s nascent Department of Government Efficiency, Elon Musk has wasted no time posting to his 205 million followers about specific government departments he views as bloated.
23.11 / 14:19
Ball
CEO
ICE
BAY
Food
Immunic
country
7-Eleven, the Slurpee and a $47 billion takeover battle
Subscribe to enjoy similar stories. At 7-Eleven, it all comes back to the Slurpee. The rainbow-hued blend of high-fructose corn syrup, flavoring and carbonated water—not exactly liquid, not exactly solid—is quintessential convenience-store fare.
23.11 / 11:47
UPS
Sustainability
Trade
country
reports
shock
Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
A senior Chinese official says higher tariffs on Chinese exports will backfire by boosting prices paid by consumers
23.11 / 11:47
markets
UPS
Extreme
Experts
country
rights
Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change
The United Nations’ annual climate talks pushed into overtime Saturday as negotiators pressed on to get a deal on money for developing nations to curb and adapt to climate change
23.11 / 11:47
Action
Moodys
President
country
2020
International
Destinations
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality foreign investment that will generate new jobs
23.11 / 09:47
markets
Digital
Strategy
Election
awards
Trade
country
Commerce Secy visits Norway to discuss early implementation of trade pact with EFTA bloc
EFTA, an official statement said on Saturday. The agreement, officially dubbed as Trade and Economic Partnership Agreement (TEPA), was inked in March. The implementation date has not yet been finalised.
23.11 / 09:25
markets
UPS
Analysis
Election
Trade
Experts
country
Market has bottomed out for 2024, expect gradual recovery ahead: Sandip Sabharwal
Sandip Sabharwal, asksandipsabharwal.com. Quickly, your reaction to it, because what Nikunj was also talking about was that there could be a sentimental impact of what numbers we have got today. And clearly, this indicates that continuity of policies and reforms in a state which is a key contributor in many fronts now. Can there be a possibility that we can look at from this aspect that this could be a confidence booster and there could be some stop to FIIs relentless selling now?
23.11 / 09:25
markets
FIVE
Analysis
Trade
Experts
country
Market capitalisation to GDP: Is the Buffett ratio giving us any signal?
Going by this ratio, different countries in the world have different moments of overvaluation. Japan in 1997-90, Singapore in 1993-94 and again in 2006-07, China and India in 2007, UK in 2007 and 2014.
23.11 / 06:03
markets
Digital
Strategy
Election
country
inclusion
travelers
Travellers on Schengen visas can add two more countries to their Europe itinerary starting Jan 2025
Schengen Area by as early as January 2025, according to Hungarian officials. This milestone follows years of partial inclusion, with the two Balkan countries having joined the European Union in 2007 but not gaining full access to the Schengen Area until March 2023.
23.11 / 06:03
Progressive
Strategy
Election
stage
country
Olympics
Traffic
At COP29, climate progress takes one step forward, two steps back
Baku Olympic Stadium in Azerbaijan has served as a temporary Thunderdome for the United Nations’ COP29 climate conference. Some 20,000 delegates from nearly 200 countries gathered for small confabs by the concession stands, while all-hands meetings were staged on a football pitch tricked out with wooden floors and waterproof tents.
23.11 / 04:51
COST
UPS
Manufacturing
Southern
Trade
country
To challenge China, India needs to get out of the way of its factory owners
Subscribe to enjoy similar stories. Boosting manufacturing is critical to India becoming an economic powerhouse. It now has a fresh shot at that with the election of Donald Trump, whose promise to levy sky-high import tariffs on Chinese goods could send more manufacturers to the South Asian nation.
23.11 / 02:57
23.11 / 02:57
23.11 / 01:59
markets
Strategy
President
PAM
country
Department
Donald Trump chooses former NFL player Scott Turner to be his housing secretary
Donald Trump said Friday he will nominate former NFL player and White House aide Scott Turner to be his secretary of housing and urban development. Turner ran the White House Opportunity and Revitalization Council during Trump's first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he's yet selected for his administration, with «helping to lead an Unprecedented Effort that Transformed our Country's most distressed communities.»
22.11 / 22:59
UPS
Manufacturing
Diversity
country
Investigations
Switzerland bars exports to Polish firm after Swiss-made ammunition ends up in Ukraine
The Swiss government says it is barring exports to a Polish military hardware supplier after concluding that some 645,000 rounds of Swiss-made small-caliber ammunition ended up in Ukraine in violation of Swiss law
22.11 / 22:59
markets
Volkswagen
Software
wellness
stage
country
social
German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers' woes
Germany's technology and services company Bosch is cutting its automotive division workforce by as many as 5,500 jobs in the next several years, in another sign of the headwinds hitting the German and global auto industries
22.11 / 17:47
markets
Citizens
Sustainability
Diversity
country
innovations
International
Rx to be a global corporate citizen
Adani controversy will serve as a marker for India Inc's global aspirations that could run afoul of imperfectly harmonised regulations and variance in law enforcement. Businesses operating within acceptable tolerance levels in individual jurisdictions will have to craft corporate governance standards that clear the highest available threshold. Having a global footprint involves best-in-class innovation, entrepreneurship and governance to gain access to markets and capital.
22.11 / 17:47
Provident
Oscar
Pride
country
song
Say it with pride: 'Burned in the USA!'
Bribery being what it is in our collective consciousness — a nudge-nudge wink-wink lubricant — the American accusation against one of India's biggest corporate names has provided, along with the standard 'Oh dear' response, the quieter, 'Heh heh, finally, we've made it to the big league!' reaction. The mega-charge joins the more obviously proud ranks of Indian movies like RRR getting Oscar applause and people of our 'mulk' gaining positions of corporate and political power in foreign countries (read: the US).
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