Country Financial News

Canada’s Brookfield says AustralianSuper must be factoring in higher energy prices for consumers and running Origin Energy’s coal-fired power station for longer in its finding that the $20 billion takeover bid from Brookfield and partner EIG undervalues Origin.

Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth.

emergency alert system were sent out to personal devices across the country Wednesday.The national public alerting system, called Alert Ready, aims to ensure Canadians know when to take action for safety in case of an emergency.“Alert Ready delivers critical and potentially life-saving alerts to Canadians through television, radio and LTE-connected and compatible wireless devices,” the system’s website says.The system allows government agencies to warn the public about events that are considered life-threatening, such as natural disasters, wildfires, explosives, air quality, national security and more.Natural disasters is currently the category with the most alert types, including tornadoes, flash floods, hurricanes and landslides.Alerts were sent to Canadians on Wednesday at varying times across the country, depending on region. There were no tests in Alberta or Northwest Territories.In July, an emergency alert warning people to stay home during flooding in Nova Scotia took close to two hours to send, say firefighters who responded to the disaster as bridges fell and roads crumbled.Joanna Eyquem, managing director of climate-resilient infrastructure at University of Waterloo’s Intact Centre, who specializes in climate adaptation, said a two-hour timeframe appears to be too long during a major flooding emergency.During tests, Canadians can expect to hear a testing sound which will simulate an emergency alert, known as the Canadian Alert Attention Signal.The tone prompts a message that will indicate that it is a test.

CFX Labs has raised $9.5 million in seed investments to expand its Solana-based stablecoin payment and remittances network.

“We are excited to welcome Bitvo’s clients to the WonderFi ecosystem,” said WonderFi President and Chief Executive Officer, Dean Skurka. “The acquisition of Bitvo’s clients represents a non-dilutive acquisition for WonderFi, with immediate cash flow, increased scale, and an expected payback period of less than six months.”

Santos chief executive Kevin Gallagher says the “shrill voices” of climate activists and politicians in affluent electorates will cost the country jobs and ultimately reduce living standards of average Australians if they succeed in blocking new gas projects.

Investing.com — Oil prices settled lower Wednesday, weighed down by a stronger dollar and a larger-than-expected increase in weekly U.S. crude inventories that renewed concerns about the demand outlook.    

Coin98, a multichain wallet and decentralized finance (DeFi) platform, has unveiled a decentralized application (dapp) store powered by the NEAR Blockchain Operating System (B.O.S), marking a pivotal move towards providing streamlined access to prominent Layer-2 (L2) ecosystems. This development was disclosed on November 2, 2023, in a press release by the NEAR Foundation.

Warner Bros have said. \ The production, directed by Greta Gerwig, created 685 jobs, involved over 6,000 extras, supported 754 local businesses, and paid more than £40 million in local wages. Filming primarily took place at the Warner Bros.

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping were set to meetWednesday in San Francisco in their first face-to-face encounter in a year.

NEW DELHI : The Centre is prepared with a plan to ensure food security over the coming year, in the wake of an erratic monsoon that disrupted the crop calendar and boosted food prices this year. According to Union consumer affairs secretary Rohit Kumar Singh, this will include sourcing pulses from a variety of countries, intervening quickly and directly in retail markets, and possible export-import related steps, depending on the situation. As part of the plan, the government is working to create a model to predict food prices that will factor in externalities like weather and trade-related measures, Singh said in an interview.

MUMBAI : Global index provider MSCI has included nine Indian stocks in its MSCI Standard Index in the latest round of rebalancing, which will take India’s representation in the emerging market (EM) index to the highest-ever count of 131 stocks. The rebalancing, which will lead to minor cuts in the weights of some big names, could result in India attracting passive inflows of $1.5 billion after the changes take effect on 30 November.

₹166 crore) this year. Blockbusters like Pathaan, Oppenheimer, and Jawan have contributed to these figures, accompanied by an expanded screen count, despite a few local titles, including Ponniyin Selvan: 2, falling short of expectations. In 2022, the company had earned $18.8 million from the Indian box office.

Narendra Modi on Wednesday launched two ambitious initiatives to mark the Jan Jatiya Gaurav Diwas, celebrated on November 15 every year on the birth anniversary of tribal icon Birsa Munda. PM Janman, aimed at social justice to the tribals with a budget allocation of ₹24,000 crore as well as the Viksit Bharat Sankalp Yatra — a drive to create awareness and facilitate saturation of welfare schemes that will continue till January 26 across the country — were launched by the PM at Kunti in Jharkhand. Modi also released the 15th instalment of PM-KISAN funds to farmers.

By Libby George

Also Read: US October wholesale prices fall to 0.5% in biggest monthly drop since April 2020 Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a November 17 expiry, was last trading lower by 1.43 per cent at ₹6,415 per bbl, having swung between ₹6,393 and ₹6,548 during the session far, against a previous close of ₹6,508 per barrel. -Top oil exporters Saudi Arabia and Russia said this month they would continue with their additional voluntary oil output cuts of 1.3 million barrels per day until the end of the year.

propelled to power last year following an economic crisis, appear to grow further as he has disappointed the hard-right of the Conservative Party following the defeat of the government's Rwanda migration policy in the Supreme Court. The task for Sunak is cut out: finalising a new agreement with Rwanda thay may address the apex court's concerns if in case a review petition is filed, and pacifying the right-wing of the Tory party which has already shown signs of revolt.

retirement planning. Because one might not be able to resume work in their retirement years, and by then, it might be too late to recover from the perils of a low retirement corpus. The essential factors to consider while planning for retirement corpus are retirement expenses adjusted for inflation, expected returns, and life expectancy.

By Trevor Hunnicutt

By David Stanway and Valerie Volcovici

The rate of auto theft has risen to a record high in the past year, but drivers can lower their chances of falling victim depending on what kind of car they drive, one industry group says.