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TOKYO (Reuters) — A group of Sri Lanka's creditor nations are likely to reach an agreement on debt relief and an extension of repayment deadlines for the South Asian nation, Japan's Jiji News reported on Wednesday, without naming a source or giving any details.

By Yuka Obayashi and Muyu Xu

global market cues. The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 20,031 level as compared to the Nifty futures’ previous close of 19,953.

Bill Ackman is betting the United States Federal Reserve will begin cutting interest rates sooner than markets are predicting. The Pershing Square Capital Management founder said such a move could happen as soon as the first quarter. Traders are fully pricing in a rate cut in June, with the chance of a cut happening in May priced at about 80%, according to swaps market data.

There will be no strike by American Airlines flight attendants around the Christmas and New Year's holidays

Oil prices rose on Wednesday as a storm in the Black Sea region disrupted oil exports from Kazakhstan and Russia, raising fears of supply tightness, while investors awaited a crucial decision by OPEC+, which may deepen or extend output cuts. Brent crude futures gained 33 cents, or 0.4%, at $82.01 a barrel at 0127 GMT. U.S.

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, the Wall Street Journal reported on Tuesday. The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next 12 to 15 months, the report said, citing people briefed on the matter. Apple and Goldman had started to roll out a virtual credit card in 2019. The exit would cover their entire consumer partnership, including the savings account rolled out this year, the report added. The iPhone maker, when asked about the report, said: «Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives.

By Medha Singh, Chibuike Oguh and Hannah Lang

Narendra Modi on Tuesday approved partial terms of reference of the 16th Finance Commission to be set up shortly, according to a person informed about the development. The cabinet meeting, however, did not decide on the constitution of the commission, which would entail naming the members and chairperson. The meeting began in the evening and continued till late in the night.

BCCI is likely to offer another two-year contract to Rahul Dravid but, as of now, the governing body wants the head coach to guide the team during the tour of South Africa as the modalities are being worked on. Dravid, under whose coaching India finished runners-up in both the World Test Championship (WTC) and the ODI World Cup, has had a good record in the past two years and many people in the BCCI believe that keeping him would allow the senior team to have continuity. India will tour South Africa between December 10, 2023, and January 7, 2024 for three each T20Is, ODIs and two Test matches.

By Jonathan Stempel

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Shopify, ChargePoint, Welltower, and American Axle & Manufacturing.

Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th.

According to the FOX Forecast Center, the lake-effect snow resulted in high gear on Monday as cold air came into the US from Canada. This caused the lake-effect snow to intensify and cover the lakes downwind for several days. The forecaster has predicted that the western and central New York will receive the highest snowfall. Meanwhile, some places south of Watertown, New York, may record snow of up to 2 feet on Wednesday. Lake-Effect Snow Warnings have been sounded across Erie, Pennsylvania, into Jamestown, New York, and the Buffalo Southtowns, and locations such as Syracuse, Watertown and Old Forge of central New York. Owing to the weather condition, New York Governor, Kathy Hochul has urged all residents of New York to brace up for the impact of the winter storm. She has also asked the people to be extra cautious and check the forecast before planning a trip. Hochul in a statement said, «The most hazardous weather conditions will be in the areas where lake-effect snow bands form and produce a lot of snow in a short period, which will hamper travel in some places for the next day or so». According to the FOX Forecast Center, from the northeastern Ohio snowbelt through southwestern New York and the Buffalo Southtowns, more than a foot of snow is predicted to fall. In the metro Buffalo area, where only a few inches of snowfall are possible, significant snowfall totals are not anticipated. The eastern shores of Lake Ontario on the Tug Hill Plateau in central New York are expected to receive very heavy snowfall. On Tuesday afternoon, the winds will shift to the northwest resulting in snowfall in Syracuse, New York, metro. Besides, Tug Hill Plateau is likely to receive more than 2 feet of snow.

Uber must pay a fine for deceptive commercial practices and complicity in providing illegal taxi services over its early-2010s product Uber Pop. The Court of Cassation upheld the firm's fine of 800,000 euros (878,000) — half of it suspended — relating to the Uber Pop service, which the firm halted in 2015 after two managers were taken into custody.

personal loan - their types, benefits, eligibility criteria, and loan application process. There are various types of personal loans, 5 of which are mentioned below: 1. Secured and Unsecured Loans: Secured loans require collateral (e.g., property, savings), while unsecured loans don't.

Scotiabank reported its fourth-quarter profit fell compared with a year ago as the amount it set aside to cover bad loans more than doubled.

how to distribute finances from wealthy countries, which have been responsible for the vast majority of carbon emissions, to vulnerable nations that are bearing the brunt of their impact. Although those negotiations will be vital for a just transition to a decarbonized global economy, socioeconomic inequalities within borders should receive equal attention.

The rally that led the S&P 500 to one of its best November gains in a century is now running out of steam, according to Citigroup Inc. strategists.

Germany is struggling to find a way out of a budget crisis after a court decision struck down billions in funding for clean energy projects and help for people facing high energy bills because of Russia’s war in Ukraine

Russia's interior ministry has added the spokesman of U.S. technology company Meta to a wanted list according to its online database