International Financial News

outdoor humidity and temperature levels during pregnancy are associated with blood pressure changes in the children, new study has found. An international team of researchers found that exposure to higher relative humidity while being pregnant was linked to a steeper increase in blood pressure in childhood, whereas being exposed to higher temperatures during pregnancy was linked to a slower increase in blood pressure in childhood (age 3-10 years).

EU countries will next week discuss a plan to set up a naval mission to help protect Red Sea shipping following attacks from Yemen's Huthi rebels, diplomats said Friday. The proposal — in the pipeline in Brussels for several weeks — was mooted before US and British forces struck rebel-held Yemen. Any EU effort would seek to complement a US-led coalition, which includes numerous countries from the bloc, already operating in the vital shipping route. The exact details of the size and scope of any EU mission remain to be hammered out and European diplomats said a first discussion would take place in Brussels on Tuesday.

premium goods will outperform broad-based competitors as the country’s affluent class is expected to nearly double to 100 million people within three years, according to Goldman Sachs Group Inc. Strong economic growth, stable monetary policy and high credit growth has increased the purchasing power of top earning Indians over the past decade. This has resulted in the number of affluent Indians earning above $10,000 per annum from 24 million consumers in 2015 to 60 million, or 4.1% of the population currently, according to a Goldman report published on Friday. The world’s fifth-largest economy is tipped to become the third-biggest by 2027, according to the International Monetary Fund, with the country seeing rising spending power among its middle-class, benefiting firms with premium brands in leisure, jewelry, out-of-home food and healthcare, according to Goldman. “There has been a significant increase in the value of financial and physical assets in India in the past three years which is driving an increasing wealth,” according to the report.

Atal Setu' or the Mumbai Trans Harbour Link (MTHL), the country's longest sea bridge, the face of Navi Mumbai is changing rather swiftly, as it will shorten travel time between Mumbai and Navi Mumbai to 20 minutes from two hours. The bridge will also enable connectivity to 'Third Mumbai' or the 'Navi Mumbai Airport Influence Notified Area (NAINA)'. It is to be noted that at present, the infrastructure projects include MTHL, Navi Mumbai Metro, Navi Mumbai International Airport and NAINA which are unfolding one by one.

In a statement, Russia's Permanent Mission to the UN said, «Russia has requested an urgent UN Security Council meeting on January 12 in connection with US and UK strikes on Yemen.» In a statement to TASS, the mission said the meeting was scheduled for 10 am (local time) (3 pm GMT) Russia's decision comes after US military forces, along with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands, carried out strikes against a number of targets used by Houthi rebels in Yemen in the early hours of January 12. UK Prime Minister Rishi Sunak has said that the Royal Air Force has conducted targeted strikes against military facilities used by Houthi rebels in Yemen, calling it «limited, necessary and proportionate action in self-defence.» Rishi Sunak said the UK will always stand up for «freedom of navigation and the free flow of trade.» He stated that the Houthis, despite the repeated warnings from the international community, continue to conduct attacks in the Red Sea, including against UK and US warships just this week. In a statement, Rishi Sunak said, «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea, including against UK and US warships just this week.» «This cannot stand.

Houthi military positions in Yemen Thursday night in a massive “direct response” to escalating attacks on vessels in the Red Sea, U.S. President Joe Biden confirmed.The move marks a dramatic escalation of a simmering regional conflict in the Middle East sparked by Hamas’ deadly attack on Israel last October and Israel’s responsive offensive on Gaza.Canada joined Australia, Bahrain and the Netherlands in providing support for the strikes, but the extent of that support was not immediately clear.“These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation in one of the world’s most critical commercial routes,” Biden said in a statement provided by the White House.“I will not hesitate to direct further measures to protect our people and the free flow of international commerce as necessary.”The strikes targeted Houthi-connected facilities storing the rebel group’s combat drones and ballistic and anti-ship missiles, as well as air defence systems and logistical hubs in Yemen, U.S.

₹329.00 apiece on the BSE. However, IKIO Lighting shares are still trading 16% below its listing price on the stock exchanges. IKIO Lighting shares made a stock market debut on June 16, 2023, with the stock getting listed at ₹391 on BSE, a premium of 37.19% to the issue price of ₹285 per share.

Yemen over recent attacks on Red Sea shipping were «necessary and proportionate», UK Prime Minister Rishi Sunak said. «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea,» Sunak said in a statement. «We have therefore taken limited, necessary and proportionate action in self-defence, alongside the United States… to degrade Houthi military capabilities and protect global shipping,» he said. Sunak's statement followed comments by US President Joe Biden about the strikes carried out against the Houthis, who control wide areas of Yemen. Biden described the joint strikes as «defensive» and warned of further measures if the Iran-backed rebels kept attacking Red Sea shipping. He said Australia, Bahrain, Canada and the Netherlands had also provided non-operational support. The Houthis have stepped up attacks in recent weeks on shipping in the Red Sea, a vital waterway through which 12 percent of world trade flows. Houthi television channel Al-Massirah said the air strikes hit the capital Sanaa as well as the cities of Hodeida and Saada. US and British forces this week shot down 18 drones and three missiles fired by Houthi rebels in the Red Sea in what Washington called a «complex Iranian-designed» attack. UK Defence Secretary Grant Shapps said on social media platform X that four Royal Air Force Typhoon fighter jets had taken part in Friday's strikes against Houthi targets alongside US forces. Sunak described the Houthis' actions as «irresponsible» and «destabilising» and said their attacks were «driving up commodity prices». «This cannot stand.

Houthi rebels over their attacks on shipping in the Red Sea pulled the world's focus Friday back on the yearslong war raging in the Arab world's poorest nation, even as shipping across the wider Mideast remains threatened. As the bombing lit the predawn sky over multiple sites held by the Iranian-backed rebels, Saudi Arabia quickly sought to distance itself from the attacks as it seeks to maintain a delicate detente with Iran and a cease-fire in the Yemen war from which it hopes to finally withdraw. Meanwhile, the U.S.

IMF's executive board approved an immediate disbursement of around $700 million for Pakistan Thursday as part of a program to support the cash-strapped South Asian country through an economic crisis. The funds were unlocked after the International Monetary Fund board approved the first review of a nine-month, $3 billion loan agreement reached in July 2023 to help Pakistan weather a balance-of-payments crisis and service crippling external debt.

Also Read | ₹447.70 crore worldwide">Dunki Box Office Collection Day 20: Shah Rukh Khan's film mints ₹447.70 crore worldwide Day 42 saw the film rake in an estimated ₹0.35 crore net collection in India across Hindi screenings. While a significant drop from its opening days, the figure demonstrates impressive staying power amidst competition from new releases.

Indian commandos hunting pirates after an attack in the Arabian Sea illustrates New Delhi's «significant» expansion of a muscular maritime force reflecting global ambitions, analysts say. The commandos, deployed this month from an Indian-built warship after an attempted hijacking of a merchant bulk carrier, are part of a major increase of naval forces in seas where rival neighbour China has already long expanded its reach. «It's significant given the geopolitical context» and the aggressive «use of naval assets», said Uday Bhaskar, head of the New Delhi-based Society for Policy Studies think tank. In recent years Beijing has negotiated infrastructure deals with countries around the Indian Ocean as part of its Belt and Road Initiative, including Sri Lanka, the Maldives, Bangladesh and Djibouti, where it opened its first overseas military base in 2017, raising concerns among Indian officials. Now Prime Minister Narendra Modi, expected to be re-elected later this year, is looking to raise the global heft of India, the world's fifth-largest economy, which last year displaced China as the most populous country.

Asian shares were cautious on Friday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected U.S. inflation data did not dent investors' views on early and aggressive rate cuts in the U.S. and Europe.

India in defending freedom of navigation in the Red Sea as the two countries discussed «shared concerns» over the reckless Houthi attacks in the region. External Affairs Minister S Jaishankar and US Secretary of State Antony Blinken spoke Thursday and «discussed the United States and India's shared concerns over the reckless Houthi attacks in the southern Red Sea and Gulf of Aden, which threaten the free flow of commerce, endanger innocent mariners, and violate international law». State Department Spokesperson Matthew Miller said in a statement that Blinken emphasised the Red Sea is a major commercial corridor that facilitates international trade and «welcomed increased cooperation with India in defending freedom of navigation in the region».

Houthi movement in Yemen, four U.S. officials told Reuters on Thursday, the first strikes against the Iran-backed group since it started targeting international shipping in the Red Sea late last year. A Houthi official confirmed «raids» across the country, including in the capital Sanaa along with the cities of Saada and Dhamar as well as in Hodeidah governate, calling them «American-Zionist-British aggression.»

Discord, the social chat and messaging startup beloved by gamers, told employees Thursday that it would cut 17% of its staff, adding to the string of recent jobs reductions by tech firms. Roughly 170 jobs will be affected by the layoffs, according to an internal memo sent by Jason Citron, Discord's founder and CEO, which was seen by The New York Times.

Atal Setu in Maharashtra today, December 12, Friday. Built at a cost of about ₹17,840 crore, Atal Setu is the longest bridge and also the longest sea bridge in the country. 1) The prime minister’s vision is to improve the ‘ease of mobility’ of citizens by strengthening urban transport infrastructure and connectivity.

Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday warned financial institutions against the potential risks of relying on algorithm- or model-based lending. Lenders must continuously maintain a vigil on the efficiency of such models, he said at an event organised by Mint.

Captivating the King" will debut on Netflix on January 21, 2024. The series will consist of a total of sixteen episodes, with new episodes available for streaming every Saturday and Sunday. The finale is scheduled for March 10, 2024.

Scientists have assembled a huge database of prehistoric DNA based on the teeth and bones of around 5000 humans. Those humans lived across Western Europe and in certain parts of Central Asia, 34,000 years ago till the medieval times, as per a report. A thorough analysis of the distinctive and comprehensive pool of this prehistoric genetic information has revealed that the genes might have once been the protectors of the ancient hunter–gatherers or the shepherds of the Bronze Age from damaging pathogens. Further, the studies reveal that the genes may at present lead to a rise in the likelihood of neurodegenerative diseases which include Alzheimer's and multiple sclerosis in Europeans, CNN reported.

The amount of renewable energy installed around the world last year grew at its fastest rate in the past 25 years