International Financial News

Service workers at Charlotte Douglas International Airport are voting on whether to go on a 24-hour strike around Thanksgiving amid complaints about low wages and poor working conditions

The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality foreign investment that will generate new jobs

IOA if a regulatory board comes into existence, sports minister Mansukh Mandaviya has asserted that the body is an essential step towards ensuring good governance and does not intend to interfere in day-to-day operations. The establishment of a Sports Regulatory Board is one of the key features of the draft National Sports Governance Bill, which the government intends to introduce in the Parliament soon.

IPL 2025 auction has drawn attention with 1,574 players registering for just 204 available slots. Among the notable names, the legendary England pacer James Anderson stands out as a surprise entrant. At 42, Anderson is the oldest player in the auction, marking an unexpected turn in his illustrious cricket career.

Prime Minister Narendra Modi, Union Home Minister Amit Shah, and Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra have actively campaigned, reflecting the significance of these elections. Of the 288 seats, 234 are in the general category, while 29 and 25 are reserved for Scheduled Castes and Scheduled Tribes, respectively. As per the state electoral office, 4,140 candidates remain in the fray after 2,938 withdrawals from 7,078 valid nominations.

Maha Vikas Aghadi (MVA) and the Mahayuti alliance are leaving no stone unturned to secure their positions. Elaborate measures, including booking five-star hotels, arranging chartered flights, and initiating negotiations with Independents, indicate the high stakes involved in forming the next government, a TOI report stated.

Some global banks are considering temporarily halting fresh credit to the Adani Group after the U.S. indictment but maintaining existing loans, sources told Reuters. Ratings agency S&P warned in a statement that the group will need regular access to equity and debt markets given its large growth plans, but it might find fewer takers.

If there was any doubt Danielle Smith’s United Conservative Party government wanted a firmer hand in the direction of the nearly $170-billion Alberta Investment Management Corp., that evaporated on Wednesday.

Adani controversy will serve as a marker for India Inc's global aspirations that could run afoul of imperfectly harmonised regulations and variance in law enforcement. Businesses operating within acceptable tolerance levels in individual jurisdictions will have to craft corporate governance standards that clear the highest available threshold. Having a global footprint involves best-in-class innovation, entrepreneurship and governance to gain access to markets and capital.

Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests

Janhvi Kapoor. In an exciting development, Netflix has officially added the Hindi version of Devara to its streaming catalogue. This update comes as a treat for North Indian audiences who have been eagerly anticipating its release. The film is already available for streaming on Netflix in various international languages, including English, Korean, Spanish, and Brazilian Portuguese, as well as South Indian languages like Telugu, Tamil, Kannada, and Malayalam.

Zomato will replace JSW Steel in the BSE Sensex as part of the index reconstitution which becomes effective from December 23. On Friday, BSE's wholly-owned subsidiary Asia Index Private Ltd announced reconstitution of several indices which also included BSE 100, BSE Sensex 50 and BSE Sensex Next 50.

Subscribe to enjoy similar stories. Indian billionaire Gautam Adani and some associates are facing serious allegations of fraud brought by the US attorney’s office in New York. According to prosecutors, the Adani group orchestrated a yearslong scheme involving the payment of $250 million in bribes to Indian government officials to secure favourable terms for solar power contracts awarded to Adani Green Energy Ltd and Azure Power Global Ltd, a New Delhi-based firm that was previously listed on the New York Stock Exchange.

Subscribe to enjoy similar stories. As CoP-29 reaches its final phase of talks in Baku, Azerbaijan, the focus on climate finance has intensified, underscoring its importance for developing economies like India. India’s transition to a low-carbon economy is more than just a national challenge; it is a global imperative.

Subscribe to enjoy similar stories. This meet-cute goes back more than a decade. Gursi Singh was walking around the lanes of south Delhi’s Hauz Khas village, taking a break from designing the decor for a friend’s café, when he stumbled upon a store with a sign that read “Love Birds".

Maha Vikas Aghadi (MVA) alliances regarding leadership.

Fidelity International joined HSBC Asset Management in rolling out an unlisted share class for its £1.2bn US Quality Income ETF, with Legal & General's asset management arm and Franklin Templeton also exploring similar moves. With the MPS market in the UK expected to see significant growth in the coming years, some providers said unlisted share classes could accelerate the adoption of ETFs among discretionary fund managers. Cross-platform functionality is key for a successful MPS product, but some platforms used by IFAs do not support the trading of ETFs due to technological barriers ...

Air India is setting up an aircraft maintenance training institute in Bengaluru that will offer an integrated 2+2 years aircraft maintenance engineering (AME) programme certified by aviation regulator Directorate General of Civil Aviation (DGCA). The purpose-built basic maintenance training organisation (BMTO), spread over 86,000 square feet at Bengaluru Airport City, is expected to be operational by mid-2026, Air India said in a release. The country’s leading global airline group has signed an agreement with Bengaluru Airport City Ltd (BACL), a subsidiary of Bangalore International Airport Ltd (BIAL), to develop a build-to-suit facility for the AME programme that will feature modern classrooms, well-equipped laboratories for practical training and a team of qualified trainers.

Air India is set to launch a new Basic Maintenance Training Organization (BMTO) in Bengaluru. The new facility, which will offer a comprehensive 2+2-year Aircraft Maintenance Engineering (AME) program, is expected to be operational by mid-2026, the airline announced on Friday. The BMTO will be certified by the Directorate General of Civil Aviation (DGCA), India's aviation regulator. Air India has partnered with Bengaluru Airport City Limited (BACL), a subsidiary of Bangalore International Airport Limited (BIAL), to develop a purpose-built campus covering 86,000 square feet. This campus will feature modern classrooms, well-equipped laboratories, and qualified trainers.