Country Financial News
05.12 / 18:43
President
show
track
country
reports
'Oil'-Jaber the hutt & headmaster Guterres
COP fest is underway again — this time with 70,000 participants and unlimited gyaan in Dubai. Already there's been a good kerfuffle. The Guardian reported last week that in an online event in November, COP president and head of Abu Dhabi National Oil Company, Ahmed Al Jaber, had stated there is 'no science out there' that says that a phase-out of fossil fuels will achieve restricting global heating to 1.5° C.
05.12 / 18:43
Provident
Progressive
track
country
COP28: Differences add fuel to hot topic of tackling fossils
Paris Agreement goals, however there is little agreement on what needs to be done to get back on track. Differences remain on how to tackle fossil fuels, emphasis on coal as negotiators continue with their efforts to narrow differences before ministers take over at the end of the week. The global stock take is the main deliverable of the Dubai talks. It is the ambition mechanism of the Paris Agreement, where countries collectively assess progress across all pillars — emissions reduction, adapting to impacts of climate change, loss and damage, means of implementation, including finance. The text released early morning on Tuesday puts together several options representing country or negotiating group positions.
05.12 / 18:15
Cooper
President
country
hospital
reports
LPG supply affected in Northeast as IOC cylinder transporters go on flash strike
PTI. “It is not a strike, but we have stopped plying our vehicles from Monday as some of our dues have been pending since 2018. We request the company to release the amount immediately," NEPLTA president Niranjan Mahanta told PTI.
05.12 / 18:15
Provident
MSCI
country
2020
testing
record high
FPI inflows push MSCI India Premium to near-record high
MUMBAI : In an indication of the Indian market’s outperformance compared to other emerging markets (EMs), the MSCI India index traded at a premium of 141.08% to MSCI Emerging Markets (EM) index, the highest in 11 months, on 4 December. The premium is also nearing its record high of 145.67% achieved on 31 October 2022. Analysts expect this premium to test its previous peak, following Tuesday’s surge in the Nifty and Sensex to new highs, driven by provisional foreign portfolio investment (FPI) flows of ₹5,223.51 crore.
05.12 / 17:35
Manufacturing
Volkswagen
Bill
pandemic
country
testing
week
Lamborghini introduces four-day week for production workers
ROME (Reuters) -Lamborghini has reached a deal with unions to introduce a four-day week for its production workers, the labour associations and the company said on Tuesday, as more manufacturing groups re-consider the structure of the work week for their employees.
05.12 / 17:21
country
Inside
exclusive
consequences
reports
Department
prevention
Military sees ‘significant’ spike in sexual assaults despite reform vows: StatCan
Canadian Armed Forces saw a “significant increase” in 2022 despite promises of reform within the military following years of intense scrutiny, Statistics Canada says.The national statistical agency released on Tuesday the results of a survey that found roughly 1,960 regular force members, roughly 3.5 per cent, reported they were sexually assaulted either inside or outside the workplace involving a Canadian Armed Forces (CAF) or another military member.“This rate of sexual assault — which includes sexual attacks, unwanted sexual touching, and sexual activity where the victim was unable to consent — represents a significant increase from rates reported in 2018 (1.6 per cent) and 2016 (1.7 per cent) when previous iterations of the survey were conducted,” Statistics Canada said.CAF was described as a “broken system” that is a “liability” to the country by former Supreme Court of Canada justice Louise Arbour, in her blistering report into sexual misconduct in May 2022.Arbour’s review was formally launched a year before that — in May 2021 — in response to exclusive reporting by Global News into allegations of sexual misconduct among the highest ranks of the Canadian Armed Forces.Global News first brought to light in February 2021 allegations of sexual misconduct against senior leaders — the first of dozens of exclusive reports into such allegations and the military’s handling of them over the 18 months after that initial report.The federal government has promised reform, and said earlier this month that a highly anticipated review into Canada’s military college system — an “outdated” program with a “problematic leadership model” as described by Arbour — is “about to be launched.”Statistics Canada said on Tuesday its report is
05.12 / 17:20
05.12 / 17:20
Citi
Provident
Maxim
Waters
President
country
cover
Ukrainian diplomats negotiate both climate change and Russia's war on their nation at COP28 in Dubai
While Ukrainian diplomats take part in negotiations at the United Nations COP28 climate talks, Russia’s war on the country lurks just in the background
05.12 / 17:20
05.12 / 17:19
05.12 / 17:19
Progressive
Fighting
Strategy
Continental
country
consequences
Deep-sea mining in the Arctic Ocean gets the green light from Norwegian lawmakers
Norway’s government has made a deal with two large opposition parties to open the Arctic Ocean to seabed mineral exploration, despite warnings by environmental groups that it would threaten biodiversity
05.12 / 17:19
Waves
BLOCK
Manufacturing
Action
Tesla
country
SOLIDARITY
Danish union to take action against Tesla in solidarity with Swedes demanding collective bargaining
The conflict against Tesla in Sweden is spreading to neighboring Denmark
05.12 / 17:19
Landmark
country
information
Department
Supreme Court throws out case that could have limited lawsuits over disability access
The Supreme Court has dismissed a case involving a Maine hotel that could have made it harder for people with disabilities to learn in advance whether hotel accommodations meet their needs
05.12 / 17:19
Manufacturing
President
country
Latin
Argentina's outgoing government rejects EU-Mercosur trade deal, but incoming administration backs it
Argentina’s outgoing government says it will not support the signing of a long-delayed trade deal between the European Union and the South American bloc Mercosur during a summit this week in Brazil even though the incoming Argentine government has expr...
05.12 / 17:19
Manufacturing
economy
Remark
Enterprise
Moodys
country
2020
Moody's cuts China credit outlook to negative, cites slowing economic growth, property crisis
Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector
05.12 / 17:19
05.12 / 17:07
Reuters
Platform
Moodys
show
country
social
Speculation
Speculation of Moody's China downgrade seen ahead of release in Chinese social media
(Reuters) — Hours before Moody's (NYSE:MCO) downgraded the outlook for China's sovereign credit ratings on Tuesday, speculation that such a move was imminent was circulating on Chinese social media platform WeChat, a Reuters review shows.
05.12 / 15:21
Provident
Deloitte
country
reports
stake
SBI to acquire 20% stake in SBI Pension Fund; Details here
Bank of India (SBI), on Tuesday, announced that it is planning to acquire a 20% stake in SBI Pension Funds, which is held by SBI Capital Markets SBI currently holds a 60 percent stake in SBI Pension Funds. Through this latest transaction, the company is set to increase its stake to 80 percent, acquiring the additional shares for a sum of 229.52 crore. The remaining 20 percent stake in SBI Pension Funds is held by SBI Funds Management.
05.12 / 14:25
05.12 / 14:19
country
hospital
guidelines
Colleges
82 per cent rise in medical colleges since 2014, MBBS seats up by 112 per cent: Government
medical colleges rose by 82 per cent in the country, and MBBS seats have increased by 112 per cent since 2014, the Rajya Sabha was told on Tuesday. In a written reply, Minister of State for Health Bharati Pravin Pawar said the number of postgraduate medical seats rose by 127 per cent in the same period.
05.12 / 14:19
Platform
Experts
track
country
Market cap of SME companies listed on NSE Emerge platform crosses Rs 1-lakh crore mark
investor frenzy not only for stocks in the main board but also in the SME segment, the market capitalisation of companies listed on the NSE Emerge platform has crossed the Rs 1 lakh crore mark. As on date, 397 companies are listed on NSE Emerge, with a fundraising of more than Rs 7,800 crore.
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