International Financial News
22.07 / 20:27
Provident
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Trade
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Justice
Courts
International
Cleveland-Cliffs will make electrical transformers at shuttered West Virginia tin plant
Cleveland-Cliffs says it will produce electrical transformers at a West Virginia facility that closed earlier this year
22.07 / 20:24
Citizens
Action
Celebrity
country
Courts
Investigations
International
Anti-whaling campaigner Paul Watson arrested in Greenland. He faces possible extradition to Japan
Greenland police say they have apprehended veteran environmental activist and anti-whaling campaigner Paul Watson on an international arrest warrant issued by Japan
22.07 / 20:24
markets
Boxing
film
War
performer
reports
International
Kingdom of the Planet of the Apes: When to stream the movie on Hulu in the US
Kingdom of the Planet of the Apes will debut on Hulu on August 2, 2024, according to Variety. This latest addition to the acclaimed franchise, which premiered as one of the early blockbuster releases of the summer season, will soon be available for streaming.
22.07 / 20:23
security
Food
President
country
Investigations
International
Philippine president orders shutdown of Chinese-run online gambling industry employing thousands.
President Ferdinand Marcos Jr. has ordered an immediate ban on widespread and mostly Chinese-run online gaming operations in the Philippines accusing them of venturing into crimes, including financial scams, human trafficking, torture, kidnapping and m...
22.07 / 19:15
markets
community
Swimming
country
rights
inequality
International
Eco survey flags impact of AI on workers, puts onus on pvt sector to create jobs
IT sector to find the right balance between deployment of technology and deployment of labour because without labour income and without labor employment, that is no demand growth, which means it comes back to hurt the country's top line and bottom line as well," he said. Pointing to findings from the Staff Discussion Note of the International Monetary Fund published in June 2024 that talk of profound concerns stemming from Generative Artificial Intelligence, or GenAI’s, impact on massive labour disruptions and inequality, the survey said that it would be in the ‘self interest’ of corporate India to seriously create jobs even as they invest in AI across sectors.
22.07 / 19:15
markets
Target
Trade
country
reports
guidelines
International
Export of carbon credits can make India's emissions reduction more expensive
Mumbai: The sale of carbon credits to overseas entities in voluntary carbon markets (VCM) could make India’s emissions reduction more expensive and difficult, the Economic Survey 2023-24 said, adding that India “may not subsidize the transition of other countries". VCMs comprise trading in carbon credits by entities of their own volition to meet their internal emissions reduction targets. The survey noted that there is uncertainty regarding accounting standards when credits are sold internationally and then redeemed by a foreign entity.
22.07 / 16:02
Man
Extreme
Airlines
wellness
country
reports
International
Microsoft outage: Should the power of one of the world’s most sophisticated tech company be curtailed?
global IT outage for the last few days has turned out to be the biggest technological crisis in history. The outage has also revealed the excessive dependency on a single company, Microsoft, that has now come into question, after banks, airlines, and various other important administrative services took a major hit. Even police authorities were not able to man their 911 lines and operations in various countries in the West due to the IT outage, begging the question why Microsoft has become the epicenter of all administrative activities.
22.07 / 13:49
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Food
social
consequences
rights
International
Private sector's contribution to 'toxic mix of habits' substantial: Eco Survey
private sector's contribution to the 'toxic mix of habits' like social media, screen time and unhealthy food that can undermine public health, productivity and diminish India's economic potential is substantial, the Economic Survey said on Monday. The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament, also pointed out that 'privileging capital over labour is inimical to long-term corporate growth prospects', referring to reluctance shown by businesses to make investments citing lack of demand visibility.
22.07 / 13:43
markets
UPS
economy
Election
President
testing
International
Tremors in the bond markets
The bond-market tremors came two weeks and two continents apart.
22.07 / 12:55
markets
UPS
Airlines
reports
travelers
Updates
International
Air Canada cuts profit outlook amid fierce global competition
Air Canada cut its full-year core profit forecast on Monday, as over-capacity in certain markets and competition on international routes impacted its pricing power.
22.07 / 12:01
markets
UPS
security
Trade
Updates
International
Stock market update: Nifty Auto index advances 1.15%
Shares of Ashok Leyland Ltd.(up 3.02 per cent), Bharat Forge Ltd.(up 2.92 per cent), MRF Ltd.(up 2.23 per cent), Mahindra & Mahindra Ltd.(up 2.02 per cent) and Tata Motors Ltd.(up 1.33 per cent) ended the day as top gainers in the pack.
22.07 / 12:01
SUN
security
Pool
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innovations
International
One World, One Sun, One Grid: All about India's ambitious renewable project OSOWOG
Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Parliament today. The Survey, authored by Chief Economic Advisor V Anantha Nageswaran and his team, highlighted the initiatives taken by India to address climate change and energy security.
22.07 / 10:54
markets
UPS
KPI
AGRO
Updates
International
Stock market update: Power stocks up as market falls
Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Voltamp Transformers Ltd.(up 4.76%), India Power Corporation Ltd.(up 3.66%), Inox Wind Energy Ltd.(up 2.84%), NTPC Ltd.(up 2.43%), Tata Power Company Ltd.(up 2.40%), SJVN Ltd.(up 2.33%), Power Grid Corporation of India Ltd.(up 1.93%), RattanIndia Power Ltd.(up 1.58%) and Transformers & Rectifiers(India)Ltd.(up 1.55%) stood among the top gainers.
22.07 / 10:46
markets
UPS
Food
wellness
Updates
International
Stock market update: FMCG stocks up as market falls
Dodla Dairy Ltd.(up 7.29%), Parag Milk Foods Ltd.(up 4.93%), Zydus Wellness Ltd.(up 3.48%), Heritage Foods Ltd.(up 3.24%), Hindustan Foods Ltd.(up 3.17%), Tata Consumer Products Ltd.(up 1.42%), Bikaji Foods International Ltd.(up 1.37%), Godrej Consumer Products Ltd.(up 1.26%), Adani Wilmar Ltd.(up 1.24%) and Nakoda Group Of Industries Ltd.(up 1.23%) stood among the top gainers.
22.07 / 09:56
COST
UPS
Manufacturing
economy
International
The ‘China plus one’ megatrend is evolving. Indian small caps could benefit.
China plus one: Will the dragon now make way for the elephant? As such, many small chemical producers shut down. For bigger companies, costs shot up and approvals took much longer. Many of these companies were catering to global demand, but the government’s tough measures caused the supply of several critical chemicals to dry up.
22.07 / 09:24
UPS
Provident
Cooper
country
rights
International
IMF reform reality: The US and China must cooperate, willy-nilly
In July 1944, exactly 80 years ago, representatives of 44 countries met in an obscure New Hampshire village to negotiate the Bretton Woods Agreement that established the International Monetary Fund (IMF). For many, reaching the ripe old age of 80 would be cause for celebration. For the IMF, the anniversary only highlights the urgency of reform.
22.07 / 09:10
markets
Election
President
country
2020
International
Interest rates remain main market driver over of US election uncertainty
Last night (21 July), Biden announced he was pulling out of the 2024 election, following weeks of internal Democratic and punditry pressure to withdraw. Biden, who took the White House office in 2020, said in a letter addressed to «my fellow Americans», that it had been the «greatest honour of my life to serve as your president». «While it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term,» he said. Investors not expect...
22.07 / 08:28
Mobile
economy
Universities
country
innovations
patient
International
Economic Survey 2023-2024: India among world's fastest growing 5G networks
5G networks in the world, and post-the launch of 5G services, India's international rank on mobile broadband speeds has improved from 118 to 15 in March 2024, the Economic Survey 2023-24 said Monday.
22.07 / 07:44
markets
security
Trade
cover
information
reports
International
Sebi should issue a stern code to curb corrupt financial journalism
₹1 crore. This penalty was imposed for his alleged involvement in front-running. The anchor allegedly used material non-public information to benefit from stock trades before it was broadcast.
22.07 / 06:34
security
Election
President
War
show
International
Israel's Netanyahu heading to Washington with US in flux over election race
Netanyahu visits Washington this week, under pressure to end the Gaza war both from Israelis who want hostages brought home and from a U.S. administration focusing increasingly on the presidential election. The visit, Netanyahu's first to his most important international ally since returning for a record sixth term as prime minister at the end of 2022, has been overshadowed by President Joe Biden's decision not to seek reelection. A meeting with Biden is tentatively planned for Tuesday if the president has recovered from Covid-19, and Netanyahu is scheduled to address the U.S. Congress on Wednesday.
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