Extreme Financial News

Amazon rainforest has revealed evidence it was once a large-scale hub of interconnected cities that date back more than 2,500 years.The findings were published Thursday in the journal Science and detail the researchers’ work in mapping the network of settlements, which may be the earliest example of urbanism ever documented in the Amazon.“It was a lost valley of cities,” said Stéphen Rostain, first author of the study and a director of France’s National Center for Scientific Research. “It’s incredible.”The team of researchers identified at least 15 distinct settlements connected by a network of roads that stretched 10 to 20 kilometres.

ODI World Cup match against India at Ahmedabad was one of the toughest moments during his stint, taking the side through a hostile environment. Arthur moved on after Pakistan failed to reach the semifinals of the showpiece event last year, while former all-rounder Mohammed Hafeez replaced him in the role. «It was extremely tough not having any Pakistan support.

(Reuters) — A massive winter storm moving across the eastern half of the U.S. on Friday knocked out power to more than 100,000 customers in Michigan ahead of a brutal freeze expected to blanket the region starting this weekend.

Meghan Markle’s memoir likely to put spotlight on Royal family members: Report The relationship of Harry with William and his wife Kate Middleton hit rock bottom that day. Prince Harry and his wife Meghan Markle were leaving the Royal Family as working family members. Kate Middleton can’t trust Harry-Meghan anymore In the book Spare, Harry penned, "He'd used the secret code".

Indian Men's Cricket Team has included four spinners in its squad for the first two tests against England but experienced fast bowler Mohammed Shami is not yet fit to take part. Wicketkeeper-batter Dhruv Jurel has received a maiden call-up for the Indian Test squad for the first two Tests. India named four spinners--Ravichandran Ashwin, Ravindra Jadeja, Axar Patel and Kuldeep Yadav--in their Test squad for the first two matches.

By Scott DiSavino

another storm.A major snow storm is set to hit several regions in Ontario and Quebec, while many residents in Western Canada fight through a severe cold snap.This latest weather comes after another system hit many parts of Canada earlier in the week; Ottawa, Montreal and Quebec City were hit with snowfall Tuesday and Wednesday; the Maritimes also saw snowfall; parts of the West Coast dealt with winter weather before then, while the Prairies faced an extreme cold warning.Expected to start late Friday and into Saturday, parts of Ontario and Quebec are set to see another wallop of snow.Global News meteorologist Ross Hull said a Texas low will be moving into the Great Lakes area, adding the difference with the upcoming storm is that there’s more cold air available that’s building over the Prairies.He said that means there will likely be more snow before a transition to rain, especially for cities such as Toronto, closer to Lake Ontario.“The last system dropped five to 10 centimetres of wet snow for the GTHA. With this one we are anticipating more, but it’s still too early to pin down exact amounts,” Hull said Thursday.“Areas that did experience heavy snow with the most recent system will likely see the heaviest amounts with this latest disturbance too.”Environment Canada is forecasting five to 10 centimetres of snow; Ottawa, which was forecast to get 10 to 15 centimetres of snow earlier in the week, is expected to get 15 to 25 centimetres of snow in this system.

₹5,100 crore, will be an all-cash deal. "The Board of Directors approved the acquisition of 100 percent of the issued equity share capital of Capital Foods Private Limited. The Company, thereafter, has entered into Share Purchase Agreement (SPA) and Shareholders’ Agreement (SHA) with the existing promoters and shareholders of the target company to acquire the entire issued equity share capital in a phased manner," said Tata Consumer in an exchange filing.

HDFC Flexi Cap Mutual Fund, one of the oldest running MF schemes in India, has grown nearly 150 times in over 29 years to deliver a staggering return of 18.87% CAGR during the period. An SIP of Rs 10,000 invested since inception on January 1, 1995, systematically on the first business day of every month (total investment Rs 34.8 lakh) in the fund would have grown to Rs 16.5 crore by December 31, 2023. Such performance is a testament to the fund's ability to navigate market fluctuations and deliver steady growth to investors, the AMC said. HDFC Flexi Cap Fund is an open-ended dynamic equity scheme investing across largecap, midcap and smallcap stocks.

Calicut-Mumbai flight slammed the airline on the internet for serving her non-vegetarian food, despite ordering a vegeterian meal. In a post on X (formerly Twitter), Veera Jain posted pictures of the food along with her PNR number and other details. “On my @airindia flight AI582, I was served a veg meal with chicken pieces in it! I boarded the flight from Calicut airport.

In a recent report, foreign brokerage firm CLSA has expressed caution regarding the current valuation levels in the Indian stock market, describing it as not only stretched but also the most expensive large market globally. 

All eyes will yet again be on Sunil Chhetri as he leads India at the AFC Asian Cup on Saturday against Australia. First things first, it is a very tough group and India’s chances of making the next stage is limited. Having said that, a good fight against Australia and Uzbekistan and a win against Syria could lay the groundwork for the World Cup qualifiers against Afghanistan in March. Chhetri talks to ET about the importance of the Asian Cup, India’s chances in the World Cup qualifiers and more. Excerpts: How important is the AFC Asian Cup. Could you help put things in context? Except the five teams from Asia that go on to play the World Cup, every other Asian team looks at the Asian Cup as the World Cup.

South Carolina was found dead in their bedroom after authorities discovered a heater in the home had reached 1,000 F (about 538 C).Police in Spartanburg, S.C., said they visited the home of Joan Littlejohn, 84, and Glennwood Fowler, 82, during a wellness check on Saturday around 6 p.m. Local reports said the couple’s family members requested the visit because they had been unable to contact the couple for the previous three days.Officers said medical officials entered the home through a bedroom window.

Quiver Quantitative — The U.S. East Coast is grappling with significant power disruptions following a massive winter storm, affecting over half a million homes and businesses from Florida to Maine. According to PowerOutage.us, New York has been the hardest hit, with nearly 143,000 customers without electricity. This is closely followed by Pennsylvania, North Carolina, and New Jersey, experiencing approximately 105,000, 70,000, and 58,000 outages respectively. The primary power companies in these states include Con Edison (ED) in New York, FirstEnergy (NYSE:FE) in Pennsylvania, Duke Energy (NYSE:DUK) in North Carolina, and Public Service Electric and Gas in New Jersey, a subsidiary of Public Service Enterprise Group (NYSE:PEG).

Japanese authorities have resumed landfill work at the planned new site of the U.S. military base on Okinawa despite protests by island residents that it tramples on their rights

Donald Trump won’t make his own closing argument in his New York civil business fraud trial

The World Economic Forum says false and misleading information supercharged with cutting-edge artificial intelligence is the top immediate risk to the global economy

MAI Capital Management has acquired $1.4 billion Madison Wealth Management to enhance its presence in Ohio and Northern Virginia.

Barrons Roundtable panel provides insight on the increased pressure on consumers.

public sector undertakings, and public financial institutions. Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because they invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk. These schemes have become extremely popular after the troubles in the debt mutual fund space three years ago. The debt market was rocked by downgrades and defaults not long ago. Many conservative investors stopped investing in debt schemes because they were scared of getting back their money.

By Scott DiSavino