Country Financial News
14.11 / 07:59
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At Biden's 'noodle diplomacy' eatery, Chinese eye warming US ties
On a 2011 visit, then US vice president Joe Biden went for lunch at Yaoji Chaogan, sparking a social media craze over his "noodle diplomacy". Outside the eatery in one of the capital's historic hutong neighbourhoods this week, Chinese people expressed hope that a meeting between leader Xi Jinping and now President Biden might help the two men to cook up a diplomatic success of their own. Biden and Xi will hold talks this week in San Francisco — their first in just over a year — set to address hot-button issues from trade to geopolitical tensions. Near Beijing's 700-year-old Drum Tower, passersby told AFP the two leaders needed to learn to get along for the sake of the world. The China-US relationship is «tense, you can see that», said economics student Yuan, who only offered her family name. «But they're also very closely linked,» she added. «These are two very large countries with huge global economic systems, so this is very important. Their relationship has a great impact on the entire world's economy.» Outside the packed bistro — where steaming bowls of soup and buns offered a welcome respite from freezing weather outside — retired driver Yu said he welcomed the meeting between the rival powers' leaders and expressed a little admiration for the US president.
14.11 / 07:55
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Oil rises on healthy demand, supply expectations after OPEC report
By Emily Chow and Trixie Yap
14.11 / 06:59
Provident
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consolidation
Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
GoCardless, the British fintech company backed by Alphabet's venture capital fund GV, is considering more mergers and acquisitions as it looks to grow market share in the highly competitive online payments space.
14.11 / 06:31
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‘Kick them out’: Poilievre responds to revelations on Iranian interference in Canada
The leader the federal official Opposition is calling for immediate action against the Iranian regime, in the wake of Global News reporting revealing the extent of the Islamic republic’s interference in Canada.
14.11 / 06:31
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Cost of living in Canada may mean winter tires are put on ice. Here’s why
With winter just around the corner for Canadians, many are likely dreading the age-old problem of driving in snow, but a new study shows one in three are considering not investing in winter tires due to the ongoing cost of living crisis facing the country.
14.11 / 06:23
Cooper
Platform
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ASEAN Defence Ministers' Meeting Plus: Rajnath to visit Indonesia
Rajnath Singh will pay a two-day visit to Indonesia to attend a meeting of a grouping comprising 10-nation ASEAN and some of its dialogue partners that is expected to deliberate on evolving regional security scenarios. Singh is likely to present India's views on dealing with major security challenges facing the region at the ASEAN Defence Ministers' Meeting Plus (ADMM-Plus).
14.11 / 06:23
Cooper
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Strategy
Align
stage
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Global trade ministers unite in the US for deal to cut China dependence
Indo-Pacific Economic Framework (IPEF) as they finalize agreements on two additional pillars — clean energy & infrastructure and tax & anti-corruption. The signing of an agreement on resilient supply chains is also anticipated later this week.
14.11 / 06:01
Digital
Strategy
Deloitte
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Sonia Eland appointed HCLTech Australia and New Zealand country head
HCLTech said on Tuesday that it has appointed Sonia Eland as executive vice president and country manager for Australia and New Zealand effective April 1, 2024. In her new role, Sonia will report to Swapan Johri, president, growth markets at HCLTech. Sonia will be based in Sydney and takes over from Michael Horton, who will move into a consulting role after a stint of close to 10 years, during which he helped establish HCLTech as a digital technology services partner in Australia and New Zealand.
14.11 / 05:53
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Oil prices inch higher with U.S. inflation, EU recession in focus
Investing.com-- Oil prices rose slightly in Asian trade on Tuesday, extending gains after a report from the Organization of Petroleum Exporting Countries helped ease some concerns over slowing demand.
14.11 / 05:53
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Gold Prices
Gold prices sink below $1,950 as CPI data looms
Investing.com-- Gold prices fell below key levels in Asian trade on Tuesday, as traders pivoted into the dollar before U.S. inflation data due later in the day, which is widely expected to determine the path of interest rates.
14.11 / 05:53
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Asian stocks creep higher ahead of US CPI data, China lags
Investing.com-- Most Asian stocks rose slightly on Tuesday, recovering a measure of recent losses as investors hunkered down before key U.S. inflation data, while Chinese markets lagged following weak lending activity data.
14.11 / 05:53
Man
Death
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Biki Oberoi, the hotel magnate who embodied fine living
EIH Ltd., which runs the eponymous hotel chain. His death brings to an end two generations of the family that built the Oberoi empire into an Indian hospitality powerhouse with a significant global footprint. Mohan Singh Oberoi, the man who started it all in 1934, passed away in 2002 and Tilak Raj, his older son, died prematurely in 1984.
14.11 / 05:53
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prevention
Amid Trudeau's allegations, India suggests Canada to prevent attacks on religious places, address hate speech
India-Canada row: Justin Trudeau doubles down on claim, says ‘if bigger countries violate law without consequences…’ "We note the enactment of the National Housing Strategy Act, Accessible Canada Act, and National strategy to combat human trafficking," said Hussain addressing the UNHRC review meeting. "India recommends the following to Canada - further, strengthen the domestic framework to prevent misuse of freedom of expression, for inciting violence and disallow activities of groups that are promoting extremism; effectively prevent attacks on places of worship of religious and racial minorities, strengthen legislative and other measures to address hate crimes and hate speech," the Indian diplomat said.
14.11 / 05:53
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Children's Day 2023: ‘Jawahar of Hind’, PM Modi, Sonia Gandhi pay tribute to Nehru on his birth anniversary
Narendra Modi on Tuesday paid tribute to India's first PM Pandit Jawaharlal Nehru on his birth anniversary which is celebrated as Children's Day or Bal Diwas across the country every year. In a post on X (formerly Twitter), PM Modi wrote, “Tributes to our first Prime Minister Jawaharlal Nehru Ji on his birth anniversary." Congress leader Rahul Gandhi also paid tribute to Pandit Jawaharlal Nehru today, saying that is a thought of "freedom, progress, and justice." "Pandit Jawaharlal Nehru is a thought--of freedom, progress, and justice. Mother India today needs these values of 'Jawahar of Hind', like an ideology, in every heart," Rahul Gandhi posted on the microblogging site.
14.11 / 05:53
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Asia FX weakens, dollar creeps higher before inflation data
Investing.com-- Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy.
14.11 / 05:29
Progressive
Corning
country
consequences
reports
101 mn people in India live with diabetes; 5 food items that can spike your blood sugar levels
Millions of people in India are living with diabetes, a chronic disease, which though slow to progress, wreaks irreversible damage to the heart, liver, and the pancreas. Since it is associated with insulin resistance, a health condition that inhibits blood sugar regulation, diabetes is often referred to as ‘high blood sugar’ in layman's terms.
14.11 / 05:28
Provident
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Healthcare
Celebrity
country
Children's Day: Why is it celebrated, history, significance
Children's Day, celebrated annually on November 14th, is a special day dedicated to the well-being of children. In India, this day holds great significance as it coincides with the birth anniversary of Pandit Jawaharlal Nehru, the country's first Prime Minister.
14.11 / 05:28
Progressive
Death
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Pandit Jawaharlal is a thought of freedom, progress, justice: Rahul Gandhi pays tribute to Nehru
Congress leader Rahul Gandhi paid tribute to former Prime Minister Jawaharlal Nehru on Tuesday, saying that Pandit Jawaharlal Nehru is a thought of «freedom, progress, and justice.» «Pandit Jawaharlal Nehru is a thought--of freedom, progress, and justice. Mother India today needs these values of 'Jawahar of Hind', like an ideology, in every heart,» Rahul Gandhi posted on X (formerly Twitter).
14.11 / 05:28
FIVE
Parke
Metro
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Traffic
India's biggest Trade Fair opens today at Pragati Maidan: Details on tickets, timings, events, and traffic advisory
Bharat Mandapam (Pragati Maidan) is set to come alive as the India International Trade Fair (IITF) opens its doors on November 14, marking a significant annual event for the capital. Officials have revealed that this year's theme is «Vasudhaiva Kutumbakam — United by Trade,» emphasizing global unity through commerce. Trade Fair participants: With participation from 28 states and Union territories, IITF 2023 promises a vibrant display of diversity and business acumen until November 27.
14.11 / 05:28
Provident
Enterprise
Parke
country
Plan to construct $28-mn warehouse in UAE raises prospects of Indian rice & polymer exporters
UAE. The Singapore-headquartered transportation solutions enterprise, BoxcoWorld FZE, on November 1 inked a memorandum of understanding with Dubai-based global maritime major DP World to invest $28 million to construct a modern warehouse in the Jebel Ali Free Zone, a free trade zone in the UAE. The deal was signed by Abdulla Al Hashmi, COO of Parks & Zones, DP World, UAE Region, and Vir Kotak, Founder of BoxcoWorld. DP World is an multinational logistics company specialising in cargo logistics, port terminal operations, maritime services and free trade zones.
14.11 / 04:41
Citi
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Department
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International
IITF 2023: India International Trade Fair tickets at 55 Delhi metro stations. Details here
PTI reported. In an official statement, the DMRC said the entry tickets will be available at only 55 selected metro stations including Shaheed Sthal (New Bus Adda), Dilshad Garden, Shahdara, Inderlok, Netaji Subhash Place, Rohini West, Rithala, Noida City Centre, Mandi House, Kashmere Gate and Barakhamba station among others.
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