International Financial News

29.09 / 18:37
markets Digital Man RAI Schools International A spurs home drubbing for Man United: Ten Hag’s 10 men suffer 3-0 loss at Old Trafford
Tottenham piled more pressure on Erik ten Hag's position as Manchester United manager with a dominant 3-0 win at Old Trafford on Sunday. Spurs made a flying start when Brennan Johnson tapped in from Micky Van de Ven's storming run after three minutes. Tottenham should have added to their lead long before United were reduced to 10 men when captain Fernandes was shown a straight red card on 42 minutes.
29.09 / 16:41
markets UPS Booking Trade show International UP International Trade Show turns hotels into hotspots with 50% booking surge
hotel bookings around the India Expo Mart. According to a press release, exhibitors and visitors attending the International Trade Show got reserved accommodations in Greater Noida, resulting in a display of “fully booked” boards in all the major hotels. This led to demands of rooms in hotels based in Noida and Delhi, the release, issued by the state government, further claimed. Most exhibitors were happy with the success of the trade show, organized by the Yogi government in Greater Noida. The release claimed that the event brought good business opportunities for the exhibitors who participated in the show. The businessmen, who are associated with the hotel sectors, are hopeful that they would be benefitted by the conducive atmosphere for the trade and tourism available in the state in the current regime, according to the release.
29.09 / 15:41
Provident Telegram Platform Justice Department Investigations International How Telegram became a hunting ground for criminals—and cops
Subscribe to enjoy similar stories. When federal agent Chris Janczewski was trying to strangle the flow of money to an al Qaeda network in 2020, he first considered infiltrating an invite-only forum or hunting for clues on the dark web. Then the Internal Revenue Service criminal investigator found the group talking openly about its scheme in a public forum on Telegram—one of the thousands of channels where people discuss illicit activities ranging from peddling child porn to selling stolen identities.
29.09 / 15:41
Experts Justice country reports Courts International Centre plans to revive IIAC, adds incentives for maritime arbitration and MSMEs
Subscribe to enjoy similar stories. New Delhi: The government is planning to revive the India International Arbitration Centre (IIAC), a statutory body created in 2019, by incentivizing various parties to arbitrate at the New Delhi institution in an effort to increase its case load, two government officials said on the condition of anonymity.
29.09 / 10:59
COST Gap country innovations International India has a chance at last to shape global telecom standards
Subscribe to enjoy similar stories. India’s leadership in the telecommunications sector is set to reach a new height as it prepares to host the World Telecommunication Standardization Assembly (WTSA) from 15 October to 24 October in New Delhi. This is the first time that this event, organized by the International Telecommunication Union (ITU), is being held in the Asia Pacific.
29.09 / 07:51
COST MET CEO economy President International US retailers brace for potential pain from a longshoremen's strike
If roughly 45,000 U.S. longshoremen make good on their threat to strike beginning Tuesday, they could shut down 36 ports from Maine to Texas that handle about half the goods shipped into and out of the United States
29.09 / 06:35
UPS Williams Boeing SpaceX testing International SpaceX launches rescue mission for 2 NASA astronauts stuck in space until next year
SpaceX launched a rescue mission for the two stuck astronauts at the International Space Station on Saturday, sending up a downsized crew to bring them home but not until next year.
29.09 / 06:21
markets Experts reports Department Schools Features International budget 2025 Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax laws
budget. According to reports, Modi government is about to start the feedback process involving the private sector and tax experts on the Income Tax Act, 1961, starting in October. This initiative aims to simplify the existing direct tax laws. At a recent meeting with industry chambers, the government announced the development of a new feature on the Income Tax portal. This will allow stakeholders to offer suggestions on various sections of the Income Tax Act, intending to simplify the language and reduce legal disputes. The idea is to ensure that India's tax laws are more straightforward and less prone to litigation.
29.09 / 02:37
markets Williams SpaceX stage Schools International NASA SpaceX Crew-9 soars: Nick, Aleksandr, and a furry co-pilot take off to bring Sunita Williams, Butch Wilmore back
SpaceX Crew-9 mission successfully lifted off from Cape Canaveral Space Force Station in Florida on Saturday. This mission is significant as it marks the first human spaceflight to launch from Space Launch Complex-40. The Crew-9 team consists of NASA astronaut Nick Hague, Roscosmos cosmonaut Aleksandr Gorbunov, and a «furry friend» named Aurora, who serves as a Zero-G indicator.
29.09 / 02:05
markets Provident economy country social Schools International "Necessary to provide hope, rekindle optimism," EAM Jaishankar stresses on reforms at UN
United Nations General Assembly that when India lands on the moon or rolls out its own 5G stack, it provides hope and rekindles optimism. Jaishankar said that overconcentration of production has hollowed out many economies. «In these troubled times, it is necessary to provide hope and rekindle optimism. We have to demonstrate that big changes are possible...When India lands on the moon, rolls out its own 5G stack, dispatches vaccines worldwide, embraces fintech, or houses so many global capability centres, there is a message here. Our quest for a Viksit Bharat or a developed India will understandably be followed closely. An important cause of many getting left behind has been the unfairness of the current globalisation model. Overconcentration of production has hollowed out many economies, impacting their employment and social stability,» he said.
28.09 / 21:17
markets Manufacturing CEO trends Schools International Pharmaceuticals The CEO search challenge: Why finding top executives is taking longer than ever
It now often takes 9-12 months to fill a vacant CEO or CXO position, especially when the search is for seasoned professionals in specialised areas such as renewables, semiconductors, chemicals, hightech manufacturing, automotive and electric vehicles, pharmaceuticals and hardcore product engineering, they said. Usually, a senior executive search used to be closed in 3-4 months in times when the demand-supply mismatch was not so acute as it has been in the last one year. There is an increasing trend among senior professionals to have exploratory chats. Some may also not accept the offer made at the very last minute. It is all a result of a leadership market where demand for talent — especially in some of the newer areas — far out surpasses supply,” said the head of HR at a large industrial company, who did not wish to be named. This is one of the reasons why companies are increasingly building a leadership pipeline nternally, the HR head said. The internal candidate in such cases is given preference over an external executive even if the former is only 60% ready to take charge. But in case of specialised roles, often there is no option but to look for professionals outside.
28.09 / 20:01
UPS CEO show reports International WeightWatchers CEO who oversaw move into weight loss drugs abruptly leaves role
Tara Comonte, a former Shake Shack executive, was made interim chief executive.
28.09 / 20:01
UPS Progressive Platform Boeing social Updates International Latest talks between Boeing and its striking machinists break off without progress, union says
Union says contract talks “broke off” without progress after bargaining session.
28.09 / 20:01
UPS Williams Boeing SpaceX testing International SpaceX launches rescue mission for 2 NASA astronauts who are stuck in space until next year
SpaceX has launched a rescue mission for the two stuck astronauts at the International Space Station
28.09 / 18:39
markets Provident Racing Election Schools International 'Bapu, beta, all others in Congress want to be CM': PM Modi at Haryana election rally
Narendra Modi said on Saturday that the Congress just can't provide stability due to internal strife, and that everyone in the party is vying for the position of chief minister in Haryana, with 'Bapu' (Bhupinder Hooda) and 'Beta' (Deepender Hooda) also in the race Addressing a poll rally in Hisar, Modi recalled the days when he worked for party organisation in Haryana and said, «It has been my fortune that Haryana has given me a lot, taught me a lot.» From everywhere, one voice is heard — «Bharosa dil se, BJP phir se», he said. Haryana goes to polls on October 5.
28.09 / 18:39
markets tennis Experts testing Schools Courts International Top-ranked Jannik Sinner has steroid case appealed by the World Anti-Doping Agency
Jannik Sinner was appealed by the World Anti-Doping Agency, the Montreal-based body announced Saturday. WADA said it is seeking a ban of one to two years for the U.S. Open champion but indicated that it does not plan to back date an eventual ban — which would mean that Sinner could keep his second Grand Slam title if he is found guilty. The announcement was made while Sinner was on court against Roman Safiullin at the China Open in Beijing.
28.09 / 18:39
markets information reports Schools Investigations International Two Bank of America employees in India suspended
Bank of America (BofA) has placed two bankers in India on administrative leave as part of an internal investigation following a whistleblower complaint, alleging they had tipped off certain investors of upcoming secondary offerings, the Financial Times reported. The tip-off from the bankers — including a senior member of BofA's Indian investment banking operation — allowed the investors to «front run» the stock sales and profit from non-public information, FT said citing unnamed sources. While the BofA investigation is looking at a number of deals, it is focused on a $200-million stock sale for Sun Life, the life insurance subsidiary of Indian conglomerate Aditya Birla, in March, it said.
28.09 / 17:45
UPS Waters Adventure cover travelers Features International Amazon Great Indian Festival Sale: “Bag” up to 85% off on luggage like trolley, duffle bag, backpack and more
More interesting deals on trolley bagsThe VIP Tristen X Duffle Trolley Bag is a medium-sized travel companion made from durable polyester, perfect for those needing a versatile and stylish option. With 2 wheels for easy maneuverability and a spacious interior, it offers both function and convenience.
28.09 / 14:17
MET economy pandemic President International Facing a possible strike at US ports, Biden administration urges operators to negotiate with unions
Top Biden administration officials met with port operators ahead of a possible strike at East and Gulf coast ports, with a union contract set to expire late Monday
28.09 / 13:19
markets Google security Apple social Schools International Ireland fines Meta €91 million over EU data breach
Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users' password data and for taking too long to alert the regulator over the issue. An inquiry was launched in April 2019 after Meta Ireland informed the regulator that it had «inadvertently stored certain passwords of social media users» in a readable format on its internal system, the DPC said in a statement.
28.09 / 13:01
markets CEO social stars International cricket Stock price up 5X in 6 years. Indian-origin CEO Nikesh Arora hailed as ‘GOAT’ by cricket star Kevin Pietersen
Nikesh Arora, the Indian-American business executive at the helm of Palo Alto Networks, recently found himself the subject of attention on social media after a witty exchange on X (formerly Twitter). His light-hearted yet sharp response to criticism gained traction, catching the eye of notable figures like former England cricket star Kevin Pietersen, who publicly declared Arora as the «GOAT» (Greatest of All Time). Arora, who has been leading Palo Alto Networks since 2018, has played a pivotal role in the company's growth and success. Under his leadership, the cybersecurity giant has experienced a significant boost in its market performance, with its stock price surging fivefold. This impressive achievement positions Palo Alto Networks as a major player in the fields of Cloud, Application, and Network security. Arora’s tenure has been marked by a strategic balance between internal innovation and aggressive mergers and acquisitions, ensuring the company remains at the forefront of the ever-evolving cybersecurity landscape.

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