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The U.S. is divided when it comes to state and federal marijuana policy, but recent political developments could move the country toward greater acceptance of cannabis

A report by the American Chamber of Commerce in Shanghai has found that U.S. companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a slowing Chinese economy

How to buy a 3-bedroom apartment at 2 BHK prices: Secrets of stressed properties Chasing returns: Any classic book on investing would advise you to buy low and sell high, but that’s easier said than done. There’s a pitch for a ‘defence scheme’ that says the Nifty Defence Index delivered a 206% return in the past 12 months. The eye-popping return makes for good marketing material, but investing in a theme or sector that has done well over the past three to five years is risky, as it’s probably time for the cycle to turn.

Varun Beverages surged 6% to an intra-day high of Rs 665.65 on BSE as the stock has started trading on an ex-split basis from today (Thursday), which was the record date fixed for the purpose of its 2:5 stock split. The shareholders whose names appear in the company's database on the record date, ie, September 12, are eligible for the said stock split.

Air conditioning company Carrier wants to repeat its China playbook in India by adopting a similar strategy, according to a top executive. “Our strategy is to be in India for the long run,” said Saif Siddiqui, president-APAC at Carrier. “We have been in India for 40 years. We have been in China for many, many decades. We have localised to a large extent in China. In fact, the playbook we are talking in India, we have lived it in China in terms of supplier ecosystem localisation and investing in both R&D and manufacturing to get ourselves the local market.” The Florida-based company plans to invest $800 million in India in the next five years, topping up a $1 billion investment made over the past decade, chief executive officer David Gitlin had told ET in October.

United Nations Security Council seats for African states and one seat to be rotated among small island developing states, U.S. Ambassador to the U.N. Linda Thomas-Greenfield will announce on Thursday. The move comes as the U.S. seeks to repair ties with Africa, where many are unhappy about Washington's support for Israel's war in Gaza, and deepen relations with Pacific Islands nations important to countering Chinese influence in the region. Thomas-Greenfield told Reuters she hopes the announcement will «move this agenda forward in a way that we can achieve Security Council reform at some point in the future,» describing it as part of U.S. President Joe Biden's legacy.

Prestige Estates Projects plans to use the Rs 5,000 crore it raised through qualified institutional placement (QIP) to primarily reduce debt and acquire assets to expand its portfolios nationwide. “We plan to allocate approximately Rs 1,500 crore towards debt reduction (and) Rs 1,750 crore for land acquisition,” Irfan Razack, chairman and managing director of Prestige Group, told ET in an interview. “The remaining funds will be directed towards equity contribution towards capex projects and general corporate purposes,” he said.

Breakout stocks to buy or sell: After a subdued start, the Indian stock market registered a strong recovery on Wednesday. However, the frontline indices failed to recover the losses and ended lower. The Nifty 50 index finished 122 points lower at the 24,918 mark, the BSE Sensex corrected 398 points and closed at 81,523, whereas the Bank Nifty index ended 262 points lower at 51,010.

The Insurance Bureau of Canada says a severe hail storm that battered Calgary last month is the second-costliest event in Canadian history.

By Ben Eisen and Tegan Hill

Since 1997, Grand Theft Auto (GTA) has set the gold standard for open-world, crime-action RPGs. From the chaotic streets of Liberty City to the towering skyline of Los Santos, GTA has delivered action-packed, free-roam adventures that define the genre. Now, OMERTA, an upcoming blockchain-powered crime-action RPG, is poised to bring this beloved genre into the world of Web3.

The announcement that the New Democratic Party is splintering from its coalition with the Liberals served as a reminder of what a colossal mess the government has left the national economy. The imbalances are shocking and numerous.

Florilege is not just about food, it's also about conversations. Using a table dot-style setting, Chef Hiroyasu Kawate serves his creative tasting menus of contemporary, French-accented cuisine to guests seated around a single, long, 16-seater table to encourage interaction between them and the knowledgeable front-of-house team. Kawate comes from a family of chefs and opened Florilege in 2009, earning two Michelin stars in 2018 and, five years later, picking up a Michelin Green Star. Like many top chefs, Kawate advocates sustainability, and the team is committed to serving less meat, dairy and seafood. However, this doesn't impact the guest experience. What's remarkable is how even simple ingredients, such as eggplant, mushroom or soybean flan, surprise and impress diners with their complex, deep and unexpected flavours. Some of the best dishes at Florilege include shiitake mushrooms with cheese, an intricate dish that combines mushrooms, cheese and truffle shavings, and Ayu sweet fish, served with mountain vegetables and a fermented sauce. And don't miss the showstopper: the chocolate omelette dessert served with coffee glaze and Chantilly cream.

A major meme showdown is on the horizon as Shiba Shootout ($SHIBASHOOT) has successfully raised $1.1 million in its presale.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Texas gas station has hit the winning Mega Millions jackpot worth $800 million on Tuesday. This marks the end of more than 20 drawings without a jackpot winner. The winning ticket, purchased at Murphy USA 8848 in Sugar Land, Texas, had the numbers 1, 2, 16, 24, 66, and the Mega Ball 6. For selling the ticket, the store will receive $1 million. The prize winner can choose annual payouts totaling $800 million or a one-time cash option of $404.2 million. Texas law allows winners of prizes over $1 million to remain anonymous.

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BEIJING — Chinese artificial intelligence models may be at least half a year behind those developed in the U.S., but Chinese AI apps will likely take off much faster, said Kai-Fu Lee, former head of Google China.

Before my son went overseas for his higher education, he opened a PPF account in an Indian bank. He has continued to invest in it even after getting a job abroad. Is this acceptable as per the PPF rules? Dev Ashish, Founder, StableInvestor, and Sebi-registered investment adviser: If your son opened a PPF account in India as a resident and later became an NRI, he can continue the account till maturity.

passive funds. Around 42 index funds and 36 ETFs were launched in this year so far. 3 of 3,763MF: pl fileInboxAnkur Singh 10:45 AM (9 minutes ago)to me, Anushka, MeghnaByline — Surbhi KhannaAgency — ET OnlinePublish section — MF AnalysisContent filter — strategiesKeywords: mutual funds, mutual fund news, passive funds, equity mutual funds, index funds, ETFs, large cap funds, small cap funds, thematic funds, sectoral fundSynopsis: Mutual fund houses in 2024 have launched around 170 new funds, with a significant focus on passive schemes like index funds and ETFs. Experts suggest investors consider large-cap passive funds due to their lower expense ratios, while cautioning about the risks associated with sectoral and thematic funds.Why mutual funds are bullish on passive schemes. Should you follow suit?The mutual fund houses in 2024 so far have launched around 170 NFOs to complete their bouquet of offerings. A further analysis of data showed that out of these new launches maximum were passive funds. Around 42 index funds and 36 ETFs were launched in this year so far. Mutual funds are allowed to launch only one active fund in each category. So to increase the assets under management of the fund house, new passive funds are launched with different variants.

Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds to the country's gross domestic product by the end of 2028 and to support more than 14,000 jobs at British businesses. The project represents a step-up in the pace of Amazon's investment in Britain. Since 2022 AWS has invested 3 billion pounds in facilities in London and Manchester.