Country Financial News

Center Street Securities Inc., a broker-dealer in Nashville that opened its doors more than 30 years ago, is shutting down.

BEIJING — China's consumer isn't going to be spending big anytime soon, which means companies need to be more strategic to tap what's still a massive market, according to McKinsey.

RBC chief executive Dave McKay made some of his most forceful comments yet on the importance of the federal government approving the bank’s $13.5-billion takeover of HSBC Canada as the deal attracts rising opposition.

Canada’s economy contracted in the third quarter of the year, but Statistics Canada’s revised data shows the country is still managing to avoid a technical recession.

JSW Group and China's SAIC Motor have formed a joint venture in India with a focus on green mobility and to develop the electric vehicle ecosystem, the two companies said in a statement on Thursday. JSW will take a 35% stake in the new Indian joint venture, the companies said. SAIC already has a presence in India through its fully owned unit MG Motor India but has struggled to grow its presence in the country after Chinese investments faced increased scrutiny from New Delhi. The new joint venture with JSW will also support growth of SAIC's MG in India by increasing locally sourced auto parts, expanding the production capacity and growing its charging infrastructure, the companies said.

Stardew Valley, the popular game, is hitting the road with its first-ever concert tour, "Festival of Seasons," organized by ConcernedApe. With an initial 14 shows in the United States, Canada, the United Kingdom, Australia, and Southeast Asia, the tour expanded to 36 cities across 12 countries. The concert promises an intimate experience with fresh arrangements of the game's beloved soundtrack. Fans eagerly anticipating the tour can now find details on dates, cities, and ticket sales.

A memecoin minted shortly after billionaire Charlie Munger’s death experienced a staggering surge of over 31000% on Wednesday, but lost more than 98% of its value the next day.

NEW DELHI : The Indian economy shot past expectations to clock an impressive 7.6% growth in the September quarter, retaining its crown as the world’s fastest-growing major economy. That’s a major step-up from 6.3% in the corresponding period of the previous fiscal year. While manufacturing, mining and construction put up a robust show, agriculture cooled thanks to an erratic monsoon, National Statistical Office (NSO) data showed.

climate finance and spending to prevent 'greenwashing' and 'greenhushing', COP28 special representative for business & philanthropy Badr Jafar told ET in an interview. «We do not have standardised models for net zero targets.

DUBAI: In an unprecedented move, the 28th round of the UN Climate Change Conference approved the structure and details of the loss and damage fund to help poor countries cope with climate disasters at its opening session. Traditionally, at the ceremonial opening of the COP, the host country takes over the presidency, the agenda for the talks is approved, and countries and negotiating groups set out their expectations. COP28 departed from the traditional fare with a quick round of pledges for the new fund. More than $400 million was pledged with hosts the UAE and Germany each pledging $100 million.

Henry Kissinger leaves behind a significant legacy in the United States, especially on how he crafted American foreign and security policy in the peak of the Cold War. From an Indian standpoint, however, his policy outlook was detrimental as it solemnised the China-Pakistan nexus which till date remains India's principal security threat. Declassified papers convey a high degree of complicity between US and China under Kissinger's watch to aid Pakistan in the 1971 war.

OTTAWA (Reuters) — Canada and the United States have finalized a deal to buy up to 16 Boeing (NYSE:BA) Poseidon aircraft as part of a C$10.4 billion ($7.7 billion) project to replace the country's aging fleet of Aurora military surveillance planes, the Canadian Defence Ministry said on Thursday.

By Lisandra Paraguassu, Roberto Samora and Sabrina Valle

drug regulator has unearthed widespread use of industrial grade excipients — which is unfit for human consumption — in manufacturing medicines in the country. The startling revelation came after the Central Drugs Standard Control Organisation (CDSCO) conducted an investigation and multiple inspections following international complaints regarding the issue. It was observed that «unlicensed traders» supplied industrial grade gelatin, propylene glycol and other excipients imported from different countries to the pharmaceutical manufacturing units. As per the Drugs and Cosmetics Act, only pharma grade excipients shall be used in medicine, the Drug Consultative Committee (DCC), which advises governments on uniform implementation of the Drugs and Cosmetics Act, observed in its recent meeting.

Write to Alyssa Lukpat at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world

Reliance Jio Infocomm, claimed that the operator contributed to “85% of the overall 5G capacity in the country." Sunil Bharti Mittal, chairman of Airtel’s parent firm, Bharti Enterprises, added that the operator already covers “5,000 districts and 20,000 villages" across India, and aimed to cover all circles of the country by March next year. Vodafone-Idea, the third of three private telecom operators in the country, also announced at the time that it will “initiate significant investments in order to roll out 5G networks and further expand 4G coverage across the country." The expansion of 5G networks in India comes in line with global 5G network expansion.

World Cup. China has been an area where, unfortunately the pandemic came to visit very early, locked the country down and went away only after a long time. Travel is still far below where it was pre-pandemic for the outbound business and the inbound business.

Logistics Policy in alignment with the PM Gati Shakti Framework. The Policy has aimed to “Augment integrated, multi-modal, logistics ecosystem for a ‘Developed Arunachal Pradesh 2047”’. Logistics has been a focus sector for the country for some time. In 2021, the PM Gati Shakti National Master Plan was launched to provide multimodal connectivity infrastructure to economic zones. In 2022, the National Logistics Policy was launched with focus on bringing in efficiency and reduce costs.

Assembly Elections 2023 Exit Poll Results: A poll of polls analysis shows a worrisome situation for the Congress in Rajasthan, for the Bharat Rashtra Samithi (BRS) in Telangana and for the Mizo National Front (MNF) in Mizoram. While, pollsters hint at the possibility of a hung assembly in Rajasthan and Mizoram in 2023 Assembly Elections, only Madhya Pradesh and Chhattisgarh of the total five states seem to be retaining the government currently in power — but by a very small margin. Follow Assembly Elections Exit Poll Results 2023 LIVE Updates here The exit poll results for all five states — Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram — were released on Thursday, November 30.

Robert N. Stavins is the A.J. Meyer Professor of Energy and Economic Development at Harvard Kennedy School.

bond investments, according to a report published on Thursday. The slippage follows two years of strong asset growth, with the funds also grappling with a rise in real interest rates, according to the report by OMFIF, Official Monetary and Financial Institutions Forum. OMFIF analysed data from the annual reports of the world's 50 largest public pension funds and 50 biggest sovereign funds. It also drew on surveys and contributions from 22 global public pension funds, including Singapore's GIC and Canada's CDPQ. A net 13% of survey respondents expected to reduce their real estate and conventional government bond holdings in the next 12-24 months, with funds looking, in contrast, to add inflation-linked debt and commodities, the report said. In emerging markets, nearly 40% of surveyed funds saw India as the most attractive market.