International Financial News

The Federal Aviation Administration is prohibiting U.S. airlines from flying to Haiti for 30 days after gangs shot two planes

Former Prime Minister Stephen Harper is among those being considered to chair Alberta Investment Management Corp. (AIMCo), the $160-billion pension and endowment manager whose board of directors and chief executive were purged last week by the Alberta government.

Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a strike that lasted nearly two months

Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate companies

Donald Trump as President of the United States won't throw the World Bank (WB) off course in meeting its climate targets, the anti-poverty lender's President Ajay Banga said. «Let's watch his actions, watch his deeds and work with him on explaining why these things are good for American business, for European businesses, and for everybody else,» he said in an interview with Bloomberg TV on Tuesday.

Pakistan Cricket Board (PCB) said Tuesday it has asked the sport's governing body to explain India's refusal to send a team to Pakistan for the Champions Trophy next year. The International Cricket Council informed the PCB last week that India would not tour Pakistan for the eight-team tournament, leaving the fate of the event hanging in the balance. Pakistan had previously rejected the option of a hybrid arrangement that would allow India to play their matches at neutral venues, for example in the United Arab Emirates.

The world is nothing but a relationship, we are related with each other. I am neurotic, you are neurotic, then the relationship goes very neurotic — multiplied, not only doubled. And everybody is neurotic, hence, the world is neurotic. Adolph Hitler is not born out of the blue, we create him… It is our chaos that takes a toll. The beginning has to be with you.... Poverty is not the root; greed is the root. Poverty is the outcome. You go on fighting poverty, nothing will happen. Greed has to be uprooted. War is not the problem; individual aggressiveness is the problem — war is just the total. You go on doing protest marches and war is not going to be stopped. That doesn't matter… The problem is inner aggression. People are not at ease within themselves; hence, war has to exist. Otherwise, these people will go mad.

Subscribe to enjoy similar stories. New Delhi: The board of the National Financial Reporting Authority (NFRA) on Tuesday approved a revision of all audit standards issued by the Institute of Chartered Accountants of India (ICAI) in spite of objections from the accountants' body on some of the changes.

Ed Monk, associate director at Fidelity, noted that the shift away from Jupiter India «may reflect investor caution on growing concern that the market bull run may finally be coming to an end, as international enthusiasm for Indian assets has cooled». During October, India's main stock market indices, the BSE SENSEX and the NSE Nifty experienced their steepest monthly declines since March 2020, while the rupee edged close to a record low against the US dollar.  «Fidelity's personal investors seem to be reassessing their exposure amid a less favourable economic environment,» Monk added...

Indian Army hosted a Graziers’ Mela under the “Vibrant Village Zemithang”. The event took place in the border village of Nelya, situated at a stunning altitude of 10,000 feet amongst the snow-capped peaks of Zemithang, along the Indo-Tibet and Indo-Bhutan borders on November 11 . This unique gathering aimed to revive and support the centuries-old practice of cattle grazing—a tradition that has sustained generations of the local community. Each grazing season, these resilient graziers journey across international borders in search of lush pastures for their cattle. However, with changing socio-economic and geopolitical landscapes, fewer people are able to sustain this age-old way of life.

Customs officers at the Indira Gandhi International Airport on November9 caught a man carrying 7.321 Kg of suspected Heroin worth Rs 29.28 crore at Terminal 3. The passenger arrived to Delhi from Bangkok via Kuala Lumpur.

A Dutch appeals court has overturned a landmark ruling that ordered energy company Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels

After nearly a decade of negotiations, leaders during the United Nations climate conference’s first day decided on some of the finer points of much-debated sticking point aimed at cutting planet-warming emissions from coal, oil and gas

Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a rule being made final by the Biden administration

Subscribe to enjoy similar stories. Devyani International Ltd continues to battle weak consumption demand, especially in urban areas. This has hurt the quick-service restaurant operator’s same-store sales performance for many quarters now.

BEIJING — Chinese e-commerce giant Alibaba on Tuesday unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.

Bangladesh International Crimes Tribunal (ICT) Md Tajul Islam has written to Inspector General of Police Md Moinul Islam, seeking action to issue a red notice through Interpol for ousted prime minister Sheikh Hasina and her aides, a media report said on Tuesday. The chief prosecutor sent the letter to the Inspector General of Police on Tuesday, Bangla language daily Prothom Alo reported, citing sources at the tribunal. The development comes two days after Law Affairs adviser Asif Nazrul on Sunday said Bangladesh will seek Interpol's assistance in repatriating Hasina from India and other «fugitives» to face trial for alleged crimes against humanity. Hasina and her party leaders face accusations of ordering brutal suppression of the Anti-Discrimination Students Movement, resulting in numerous casualties during the July-August protests. The movement later intensified into a large-scale uprising, forcing Hasina to flee to India on August 5.

Nisus Finance Services has received the approval from the Bombay Stock Exchange (BSE) for launching its initial public offering (IPO). The issue will comprise a fresh issue of 57.80 lakh equity shares each with a face value of Rs 10, along with an offer for sale of up to 7,20,000 equity shares, aggregating to a total issue size of up to 65,00,000 equity shares.

Air India Group is currently serving 312 domestic and international routes with around 8,500 weekly flights, according to airline sources. For now, Tata Group-owned Air India, which has merged full service carrier Vistara with itself, has a total of 67 wide body aircraft, including seven of Vistara. The integrated entity of Air India and Vistara is India's largest international carrier and the second largest domestic airline. The entity has 210 planes serving 91 destinations and 174 routes with weekly flights of around 5,600, the sources said.

Subscribe to enjoy similar stories. Walk into the All Sages Bookstore in north-western Beijing, and you enter a different world. Not here the collections of speeches by China’s leader, Xi Jinping, that greet visitors to state-owned bookshops—rows of covers with the same face, the same beneficent smile.