Department Financial News

Macquarie is conducting “unexpected serial layoffs” at its banking and financial services arm, creating unease about the breadth of the job cuts.

Montreal were arrested in New York City Monday for allegedly conspiring to illegally ship $13.9 million worth of restricted technology to the Russian military.Some of the components that the Montrealers obtained through front companies later ended up in advanced Russian weapons systems and spying equipment found on battlefields in Ukraine, according to Breon Peace, the United States Attorney for the Eastern District of New York.Peace unsealed a criminal complaint that identified the two Montrealers who were charged in the case as Nikolay Goltsev, 37, and Kristina Puzyreva, 32.A third Russian man, Salimdzhon Nasriddinov from New York, was also charged.“These defendants are alleged to have illegally exported millions of dollars in electronics to support the Kremlin in its ongoing attacks of Ukraine,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations in New York.The charges follow a major probe by the Department of Homeland Security, the Federal Bureau of Investigation, U.S.

Indian Railways will operate the fully reservation-based Patna-New Delhi Special Vande Bharat Express for a total of six trips. Earlier, Indian Railways announced 283 festival special trains for Diwali and Chhath Puja.

As we foray into November 2023, it is essential to stay informed about the various income tax deadlines that are approaching. It is important for every taxpayer to be aware of the due dates for the month of November to ensure comprehensive planning and mitigate potential consequences.  

Bangladesh has nearly 3,500 factories with some four million workers employed, mostly women, according to the Bangladesh Garment Manufacturers and Exporters Association, or BGMEA data. They get 8,300 takas or USD 75 as their monthly minimum wage but often need to work overtime to make ends meet, labor unions and workers said as quoted by The Associated Press. Thousands of garment factory workers took to the streets of Bangladesh's capital Dhaka and the industrial district of Gazipur on Tuesday to demand better wages.

air quality index (AQI) was recorded at 336 with some areas also reporting AQI touching to ‘severe’ category. As per Central Pollution Control Board data at 7:30 am, AQI recorded in Wazirpur was 422, while 405 in Rohini, 424 in Anand Vihar. As per SAFAR, Pusa and Lodhi Road recorded AQI levels of 311 and 317, respectively, both categorized as ‘very poor’.

rising levels of pollution in Delhi and NCR regions, that begin with the change in season. From today, all buses that operate between Delhi and other cities/towns of Rajasthan, Haryana and Uttar Pradesh that fall in the NCR region, must either be an electric vehicle, CNG, or BS-VI diesel buses. The directive also mentioned that the buses that will ply between non-NCR areas of Rajasthan to Delhi should be EVs, CNG, or BS-VI diesel buses from January 1, 2024.

International Franchise Association president and CEO argues franchise owners are better at identifying the needs of their employees.

Advisors who make one-off recommendations to 401(k) plans and participants may face a new reality under the latest fiduciary rule proposed by the Department of Labor: They will be fiduciaries, whether they like it or not.

President Biden warned financial advisors Tuesday not to recommend high-fee investment products that line their own pockets rather than help their clients build a nest egg, as he promoted a proposal to raise advice standards for retirement accounts.

Andhra Pradesh CM and TDP Chief N Chandrababu Naidu on Wednesday morning reached his residence in Vijayawada a day after he was granted interim bail in a skill development case. He was given a warm welcome by his party supporters who had gathered outside his residence. Naidu walked out of Rajahmundry jail on Tuesday after Andhra Pradesh High Court granted him bail in the alleged skill development case. After walking out of the central cell, Chandrababu Naidu said, «When I was in trouble, you all came on the roads and prayed for me. I will never forget the affection shown to me, not only in Andhra Pradesh but also in Telangana and across the world.» «In my 45 years of career, I haven't committed any mistakes and will not let anyone do.

NEW DELHI : Foreign electric vehicle (EV) makers such as Tesla Inc. seeking an Indian foothold may have relief at hand, with the government considering lower import duties for EVs up to a certain price level, two people familiar with the discussions said. All completely built-up (CBUs) vehicles priced below $40,000 now face an import duty of 70%, and a new national EV policy may slash it to 15-30% for EVs priced up to $25,000-35,000, the people said on the condition of anonymity.

war-torn Israel on Friday. The United States and other countries are looking at "a variety of possible permutations" for the future of the Gaza Strip if Hamas militants are removed from control. 1) Secretary of State Antony Blinken will head back to Israel on Friday.

Also Read: Google Doodle celebrates Halloween 2023 with poem and illustrations by Emily Barrera It was believed that after death, a person had to complete nine challenges to reach the final resting place of Chicunamictlán. Families would place altares (offerings) of food, water, tools, and other symbolic items to aid their loved ones’ journeys in the afterlife.

digital payments will be led by ‘person-to-government’ payments moving away from cash. Adhering to the Digital India policy, the government-backed National Informatics Centre (NIC) is building applications which can accept payments digitally, make settlements and generate invoices — all in one go for different government departments.

group of ministers (GoM) to look into the regulatory framework for the gaming industry and consider other issues impacting the sector. The GoM will likely include home minister Amit Shah, finance minister Nirmala Sitharaman, IT minister Ashwini Vaishnaw and information and broadcasting minister Anurag Thakur as members, ET has learnt.

households across the UK are poised to receive a £300 cost of living payment starting from today. The relief is part of a government initiative to support those on specific benefits during a challenging economic period. Households meeting the criteria need not take any action to claim this tax-free payment, as it will be automatically deposited into their bank accounts. However, there is a specific code to look out for in your bank statement to confirm that it's the cost of living payment.

(Reuters) -WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank (TYO:9984) Group-backed company struggles with a massive debt pile and hefty losses.

By Jonathan Stempel

(Reuters) -Morgan Stanley may pay between $500 million and $1 billion to resolve a long-running U.S. probe into how it handled private stock sales, Semafor reported on Tuesday, citing people familiar with the matter.

Adria Alpert Romm, Warner Bros. Discovery's Chief People and Culture Officer, has announced her retirement. Romm is set to step down from her role at the end of June 2024, with the company making this announcement on October 31, 2023. In addition to Romm's retirement, the company has also revealed that Jennifer Remling from WPP will assume the position as the new HR executive, joining Warner Bros. Discovery in January. Remling will work under the direct supervision of Warner Bros. Discovery CEO David Zaslav, whom Alpert Romm has assisted for the past 30 years. WBD acknowledges the substantial role played by Alpert Romm, including her pivotal involvement in Discovery's acquisition of Scripps Networks in 2018 and the successful integration of AT&T's WarnerMedia in 2022. Furthermore, Romm led the development of DEI (diversity, equity, and inclusion) programs and various wellness initiatives, including the creation and expansion of wellness centers and on-site daycare facilities around the world.