Country Financial News

Officials say surveys have detected that the population of young lobsters has declined nearly 40% in some of the most critical fishing waters off New England

The Biden administration has announced $3.5 billion for 58 projects across the country to strengthen electric grid resilience as extreme weather events such as the deadly Maui and California wildfires continue to strain the nation’s aging transmission ...

California Gov. Gavin Newsom often touts California's leadership on the national stage

Beijing has vigorously protested the U.S. Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them

Police in the Central African Republic think they have captured one of the alleged masterminds behind an apparent rug pull that left “hundreds” of citizens out of pocket.

By Supantha Mukherjee

Supreme Court on Thursday issued notice to Delhi police on pleas filed by NewsClick founder and Editor-in-Chief Prabir Purkayastha and website's human resources head Amit Chakraborty challenging their arrest under Unlawful Activities (Prevention) Act (UAPA) over alleged Chinese funding to promote anti-national propaganda. On October 16, the top court agreed to list the matter urgently after Kapil Sibal mentioned it before the bench headed by Chief Justice DY Chandrachud. The CJI had asked Sibal to circulate the case papers and said he would take a call on urgent listing of the matter. The Delhi High Court had on October 13 dismissed their pleas against arrest and subsequent police remand in the case. Both were arrested by the Special Cell of the Delhi Police on October 3. They subsequently moved the high court challenging the arrest as well as the seven-day police custody, and sought immediate release as interim relief.

SAJ Food Products, the maker of Bisk Farm biscuits, has ambitious plans, including a staggering revenue growth and national footprint. However, it also has a strong focus on taking on the formidable Britannia in the Indian biscuit market. The Indian biscuit market, reportedly valued at approximately Rs.

For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. But, as tensions simmer between Berlin and Beijing, ebm-papst is one of many medium-sized German companies starting to address their reliance on China, concerned at how possible Western sanctions or a future conflict over Taiwan might disrupt trade. Last year, ebm-papst launched a programme called 'Decoupling China' to ensure its Chinese division — which has around 1,900 staff — can operate if cut off from the rest of the company.

Jim Jordan failed again Wednesday on a crucial second ballot to become House speaker, the hard-fighting ally of Donald Trump losing even more GOP colleagues who are refusing to give him the gavel. Next steps were highly uncertain as angry, frustrated Republicans looked at other options. A bipartisan group of lawmakers floated an extraordinary plan — to give the interim speaker-pro-tempore, Rep.

By Richa Naidu

Suddenly in the aftermath of the Hamas massacre on Oct. 7, we have a presidential election about national security. And that could shuffle the U.S.

Sequoia Capital after starting investigations into several other venture capital firms for their investment in Chinese technology companies. The House Select Committee on China is seeking information about Sequoia’s investments into artificial intelligence, semiconductor and quantum computing companies in the Asian country, as well as its recently announced split into three firms. In the split, Sequoia China was rebranded as HongShan.

exports which are showing resilience. During January to July 2023, 48 commodities saw significant increase in exports, as per an analysis by MVIRDC WTC Mumbai.

Netflix has increased the price of its premium ad-free plan by $3 per month to $22.99, while the cost for premium rose by 2 pounds to 17.99 pounds in Britain and by 2 euros to 19.99 euros in France, according to a report published by Reuters. The price hikes were announced in an earnings report that showed the company's global subscriber base reached 247 million at the end of September. Substantial subscriber gains came in Europe, the Middle East, and Africa, where Netflix added nearly 4 million subscribers.

Indian Railways are executing projects better than ever. India has the fourth-largest railway system in the world due to its extensive network of rail tracks that almost encircle the whole country. More than 1.4 million (m) people are employed along its 67,850 km of travel.

UltraTech Cement Q2 resuts: The country’s largest cement producer is going to report its Q2 financial performance today. Amidst strong cement demand in the country UltraTech is likely to report good volume growth. Though July-September is a seasonally weak quarter impacted by monsoon activity.

₹1.36 trillion of goods and services tax evasion this fiscal, including cases involving fake claims of input tax credit, the finance ministry said in a statement on Wednesday. Of this, a voluntary payment of ₹14,108 crore has been collected, the ministry added. In the past three and a half years the probe agency has found instances of substantial tax evasion as part of a special drive.

ANI learned from a source inside the Capitol Hill building that public access to the Capitol complex has been restricted after a sizable number of demonstrators calling for a ceasefire between Israel and Hamas disrupted one of the House office buildings. "We have been advised by the police to use the tunnels and not the main entrance and exit doors," a hill staffer told ANI, as the demonstrations unfolded, with members from Jewish groups holding placards that read, "Ceasefire", "Jews say, Ceasefire now". The House Sergeant-at-arms also sent out a memo to congressional offices that all visitors would be restricted to a single door in an attempt to control public entry into the campus.

Investing.com-- Shares of Chinese electric vehicle makers fell on Thursday, tracking an overnight tumble in Tesla (NASDAQ:TSLA) after the world’s most valuable car maker posted weaker-than-expected third-quarter earnings.

Investing.com-- Most Asian stocks tumbled on Thursday, with technology-heavy indexes bearing heavy losses tracking a spike in bond yields, while anticipation of a speech from Federal Reserve Chair Jerome Powell also kept investors on edge.