Cover Financial News

By David Shepardson

Lawsuits that aim to hold major players in the fossil-fuel industry responsible for climate change are entering a critical phase, as several state courts this fall are considering whether the cases can move forward. Several states including Delaware, Massachusetts, New Jersey and Rhode Island, and dozens of municipal governments, have accused the world’s largest energy companies of playing down the industry’s contributions to climate change. The lawsuits, some of which date to 2017, seek financial damages based on claims that range from public nuisance and negligence to consumer deception and racketeering.

Choosing an anonymous sperm donor has never been easy. But it used to be a lot cheaper. New genetic screening and the reluctance of some would-be donors mean couples and single parents by choice have fewer options when they need help having children.

Thousands came out in a rain to watch an open-air Diesel show during Milan Fashion Week on Wednesday, making the denim-centric brand the hottest ticket in town

A Las Vegas newspaper is the subject of vicious attacks online for its coverage of an alleged murder of a retired police chief

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National Highway Authority of India (NHAI) inaugurated a 244 km stretch of Delhi-Mumbai Expressway between Jhabua of Madhya Pradesh to Modak of Rajashtan, near Jhalawar, on Wednesday i.e September 20, 2023. The new stretch of the expressway is passing through Madhya Pradesh covering several districts in the western region. This new road connectivity for the state passing through Jhabua, Mandsaur and Ratlam districts in Madhya Pradesh, connecting major cities, including Garoth, Jaora, Ratlam, and Thandla will open a direct conduit to New Delhi, the national capital and, Mumbai, the financial capital of the nation, the Times of India reported.

AstraZeneca Plc has been sued in South Carolina by a former senior director who claimed that the company refused to pay her over $125,000 in bonuses because she worked from home in 2022. In the lawsuit, Elmarie Bodes, who was AstraZeneca’s senior director of business transformation until January, said that the drugmaker owed her a $124,443 performance bonus and stock options worth $65,000. Bodes claimed that the company told her because she worked entirely from home last year and did not come to the office at least three days a week, her performance bonus would be cut in half and she would also not get the stock options.

(Reuters) — Former President Donald Trump has urged fellow Republicans in Congress to shut down the government to thwart the federal prosecutions against him, although any funding lapse was unlikely to stop the cases from being pursued.

RBI) can spend up to $30 billion from the over $594 billion of forex reserves to defend the domestic currency and even though the country will be left sufficient reserves to take care of import bills for next ten months, reported PTI. The German brokerage said the Indian rupee is trading close to around ₹83.30, its all-time high against the US dollar, and the Reserve Bank is actively intervening in the forex market to curtail volatilities.

LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations.

doctors' strike, health chiefs are sounding the alarm over more than 100,000 NHS operations and appointments that have been postponed. This week's joint strike by consultants and junior doctors has caused significant disruption across the healthcare system.

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Cars 24 India Kunal Mundra has partnered with digital investment platform, Grip, to kickstart EV asset management and leasing company, Electrifi Mobility, founded in June 2023, to boost mobility electrification in India, Electrifi Mobility announced on Thursday. The company looks to provide an end-to-end asset management solution while covering asset selection, leasing, maintenance, post-sales support, refurbishment and redeployment of EV assets. In a release, Electrifi informed that in the last two months the company has deployed assets worth Rs 10 crore with more deals worth Rs 30 crore in the pipeline. Co-founder and CEO of the company explained that there are several snags in India's road to net zero and it hovers around electrification of transportation. He highlighted that Fleet Operators have a significant interest in EV deployment however struggle with assessing the right asset and accessing capital to deploy the same. «However, financial institutions hesitate their inability to assess residual value given the pace of technology evolution in this space and the lack of a secondary market,» Mundra added. Electrifi Mobility’s aims to cater fleet operators and help them choose the right OEM products for their use case.

As the countdown to the conclusion of Wall Street Memes' ($WSM) presale ticks away, Wall Street Memes emerges as an investment prospect that has become increasingly scarce: a meme coin with the reliable promise of substantive returns.

deny Russia a victory but avoid a direct war between it and NATO. Ukraine wants more, and applied to join the NATO alliance in September 2022. It will be denied for now.

Narendra Modi is likely to flag off nine Vande Bharat express train on Sunday i.e. on 24 September, ministry officials told News18. Among these nine trains, the Indian Railways is set to launch two trains for West Bengal’s Howrah and Tamil Nadu’s Chennai while one each for Kerala, Odisha, Telangana, Gujarat and poll-bound Rajasthan.

Narendra Modi will visit Varanasi on Saturday to lay the foundation stone of an international cricket stadium. The Prime Minister's Office (PMO) said on Thursday that Modi will also participate in the closing ceremony of the Kashi Sansad Sanskritik Mahotsav at the Rudraksh International Cooperation and Convention Centre and later, inaugurate 16 Atal residential schools built across Uttar Pradesh. The cricket stadium in Varanasi, which is also Modi's Lok Sabha constituency, will be a step towards realising his vision to develop modern, world-class sports infrastructure, according to a statement issued by the PMO. The international cricket stadium, to be built in Ganjari, Rajatalab, will be developed in more than 30 acres of area at a cost of about Rs 450 crore. The thematic architecture of the stadium draws inspiration from Lord Shiva, with designs developed for crescent-shaped roof covers, trident-shaped floodlights and ghat steps-based seating arrangements.

These rankings cover 12 categories, notably introducing the category of 'International student diversity,' a measure that goes beyond simply assessing the proportion of international students, taking into account the number of nationalities they represent, providing a more accurate reflection of diversity. The United Kingdom led the pack, with the most represented universities on this list, accounting for 15.5% of the institutions, followed by Türkiye at 10.6%, Germany at 7.8%, Italy at 7.5%, France at 7.2%, Spain at 6.4%, Poland at 4.8%, and Ukraine at 4.8%. 106 European universities that have not previously been ranked have been added this year, signaling the evolving landscape of higher education. These institutions hail from North Macedonia, Moldova, Montenegro, and Albania. Topping the charts in the QS World University Rankings: Europe 2024 is the University of Oxford, leading seven UK institutions in the top 10. Alongside the University of Oxford, the University of Cambridge and Imperial College London have secured a perfect score of 100 points in categories such as 'Academic reputation,' 'Employer reputation,' and 'International Research Network.' This underscores the UK's robust higher education system, renowned for its exceptional teaching and research standards. Additionally, some universities within the top 10 have over 10% of their student population from international backgrounds, highlighting the UK's appeal to global students.

The SEC voted Wednesday to expand the scope of a rule meant to ensure investment funds’ portfolios match the strategies suggested by their names, but the changes aren’t as restrictive about the use of environmental, social and governance factors as those the agency initially proposed.