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Li was China’s No. 2 leader from 2013-23 and an advocate for private business but was left with little authority after President Xi Jinping made himself the most powerful Chinese leader and tightened control over the economy and society. The English-speaking, elite Peking University-educated economist was considered a contender to succeed then-Communist Party leader Hu Jintao in 2013 but was passed over in favor of Xi.

The nation’s largest corporate auditor, PwC Australia, will give up $10 million in annual fees by cutting the types of consulting services it provides audit clients.

PTI. According to data on the official website of the NCVBDC, which comes under the Union health ministry, 5,221 cases of dengue and one death due to the disease had been recorded in Delhi till mid-September this year. Earlier on Thursday, Delhi Mayor Shelly Oberoi had held a review meeting on vector-borne diseases with the Public Health Department officials of the MCD at the Civic Centre.

Digital Personal Data Protection Act. In a letter addressed to Union and state electronics and information technology minister Ashwini Vaishnaw and Rajeev Chandrasekhar, the industry association has said that implementation of the provisions of the DPDP Act would require structural changes in organisations and businesses and they are likely to face a significant amount of challenges during the course of such transitions.

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Mint in the week gone by. The union government has reportedly decided to slash the minimum export price for basmati rice from $1,200 a tonne to $950 a tonne, while Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma has launched a ₹30-crore ‘VSS Investments Fund’ to invest in startups. Food production for the year 2022-23 is estimated at 329.7 million tonnes, marking around a 4.5% increase from the previous year, data released by the ministry of agriculture showed.

Bankman-Fried’s decision to testify comes after a number of his former close associates took the stand against him. Former Alameda Research CEO Caroline Ellison, FTX co-founder, Gary Wang, and head of engineering for FTX Nishad Singh, largely deflected responsibility back to Bankman-Fried by alleging he was the mastermind behind the company’s misuse of customer funds. However, Bankman-Fried could be seen shaking his head no multiple times during their testimonies.

North Carolina, a local sheriff said on Thursday. Sampson County Sheriff Jimmy Thornton said deputies responded to a homicide report at the home off Garland Highway near Clinton at around 1 am and found the bodies with gunshot wounds. Police don’t have any information about a suspect and don’t know how the victims knew each other, Thornton said in a news release. Addressing a news conference, Captain Eric Pope said that the authorities received a 911 call from a person who had spoken to one of the victims around 11 pm and then found the bodies when they stopped by the home. The victims, including four men and one woman ranging from their mid-30s to 80s. «This is not normal for our community.

Google is beginning its defense against a federal lawsuit accusing it of illegally thwarting competition for its ubiquitous search engine

—Name withheld on request

London | Macquarie has staged a forced retreat from a £665 million ($1.27 billion) takeover bid for European waste management group Renewi, after the target refused to play ball.

Bain’s Australian office has delayed the start dates of its roughly two dozen new joiners until as late as October next year and will not confirm when they commence until “early 2024”, a sign the strategy consulting firm remains uncertain about its future workload.

India, Iran and Armenia has the potential to balance the Pakistan-Azerbaijan-Turkey axis, which has gained momentum with several engagements between Islamabad and Baku this year. The first India-Iran-Armenia trilateral aims to connect Armenia with India via Iran, ET has learnt. During a meeting in the Armenian capital Yerevan this April, the three sides discussed economic projects and regional communication channels, outlined the prospects of deepening cultural and people-to-people contacts as well as trilateral cooperation in various fields. The three countries had then decided to «continue consultations» in the format, sources recalled. The trilateral meeting also discussed the use of the International North-South Transport Corridor (INSTC) as a regional connectivity initiative. Armenia, whose ties with New Delhi are acquiring strategic dimensions, has proposed the Persian Gulf-Black Sea corridor via Iran parallel to INSTC or part of a new branch of INSTC to connect Indian traders with Russia and Europe, sources said. Given the extensive experience of Indian companies in taking part in large-scale infrastructure projects abroad and India's interest in launching the India-Europe transport corridor route via Iran and Georgia, Armenia plans to start negotiations with India to discuss the involvement of Indian funding and Indian companies into the project.

Congress leaders have alleged an electoral nexus between BRS, BJP and AIMIM ahead of the assembly polls in the state, aimed at splitting the anti-incumbency votes against the K Chandrasekhara Rao government in order to defeat Congress. Pradesh Congress Committee (PCC) president Revantha Reddy claimed that once the assembly polls are over these three parties would be in a formal alliance for the Lok Sabha polls, just as the BJP and JDS did in neighbouring Karnataka. While maintaining that Congress will score a big victory in the Telangana assembly election, Reddy said at the All India Congress Committee (AICC) media briefing on Thursday that BJP, BRS and AIMIM have already worked out an informal seat-sharing formula for the Lok Sabha polls.

With the market for listed real estate investment trusts at historic lows, financial advisors may want to dust off the real estate allocation in clients’ portfolios and begin to expand that position.

for a suspect in connection to a mass shooting.Hundreds of police officers have fanned across Maine, following shootings at a bar and bowling alley in the town of Lewiston on Wednesday evening.At least 18 people are dead and 13 others are injured.State and local police have identified Robert R. Card, 40, as a suspect in the case.

The government has launched the park to bolster the e-CNY ecosystem and payment solutions using the digital yuan. Residents are incentivised to move to the park for up to three years of free rent and loans. Commercial banks are being offered up to 20 million yuan to settle there, and start ups are offered up to 50 million yuan.

Manipur government has extended mobile internet ban for another five days till October 31, officials said on Thursday. The move comes barely a week after Chief Minister N Biren Singh had said the government would withdraw the ban within the next few days.

J&J has talc cases set for trial everywhere from Pennsylvania to California between November and December 2024, some of which involve consolidated claims by more than a half-dozen plaintiffs, according to their lawyers. Those trials were scheduled after a judge in July threw out a J&J unit’s latest Chapter 11 case aimed at resolving all current and future talc claims. Since 2016, J&J has been hit with at least $570 million in damage awards over talc-related cancer claims and paid out at least $2.5 billion in settlements, according to data compiled by Bloomberg. “With all those trials staring them in the face, of course they want their unit to run back into bankruptcy,” said Carl Tobias, a University of Richmond professor who teaches about mass torts and has followed the talc cases.

Hamas's armed wing said Thursday that «almost 50» Israeli hostages held in the Gaza Strip since the October 7 attacks have been killed in Israeli bombing raids on the Palestinian territory. "(Ezzedine) Al-Qassam Brigades estimates that the number of Zionist prisoners who were killed in the Gaza Strip as a result of Zionist strikes and massacres has reached almost 50," the group said in a statement issued on its Telegram channel. Israel launched a massive air and artillery bombardment of Gaza after Hamas carried out the brutal attacks on southern Israel. Earlier, the Israeli army said 224 people were abducted by militants during the attack that left 1,400 people, mostly civilians, dead. «We have informed the families of 224 hostages.