International Financial News
11.01 / 20:51
COST
CEO
Mobile
Chevron
Hess
International
Chesapeake Energy, Southwestern Energy combining in $7.4 billion deal
Chesapeake Energy and Southwestern Energy are combining in a $7.4 billion all-stock deal to form one of the biggest natural gas producers in the U.S. The announcement is just the latest tieup in the energy sector, following a nearly $60 billion deal be...
11.01 / 20:05
markets
Waves
FIVE
security
Sustainability
Bill
International
Natural Gas's Future Secured with $290 Billion in LNG Projects
Quiver Quantitative — The liquefied natural gas (LNG) industry is witnessing its largest-ever wave of megaprojects, signaling a robust future for natural gas in the global energy mix. Despite international efforts to move away from fossil fuels, exemplified by the recent UN climate talks in Dubai, the energy sector is betting heavily on natural gas. This commitment is evident in the expansion of the world’s largest natural-gas export facility in Qatar and the initiation of massive LNG projects in the United States. These developments are underpinned by the belief that natural gas, as the third leading fossil fuel, will remain a significant part of the world’s energy portfolio through at least 2050.
11.01 / 20:05
markets
BLOCK
security
Trade
information
Investigations
International
Morgan Stanley to Settle Block-Trading Probe with Up to $300 Million
Quiver Quantitative — Morgan Stanley (MS) is nearing a settlement of between $200 million and $300 million to resolve a U.S. investigation into its handling of large stock sales, known as block trades. This long-standing probe, which scrutinized the bank's practices that could significantly impact market prices, is set to conclude without criminal charges against the bank. The agreement, which involves federal prosecutors in Manhattan and the Securities and Exchange Commission (SEC), is expected to be announced soon. The penalty will be shared between the Justice Department and the SEC, marking a relief for investors who feared more severe repercussions for one of Morgan Stanley’s key units.
11.01 / 19:35
COST
Provident
Manufacturing
Mobile
Diversity
International
Hertz to sell one third of EV fleet, seen as a 'clearing' event
Car rental company, Hertz Global Holdings Inc (NASDAQ:HTZ) revealed Thursday that they have decided to sell approximately 20,000 electric vehicles from its U.S. fleet, one-third of the global EV fleet.
11.01 / 18:43
Digital
Action
wellness
country
Investigations
International
NIA raids 32 places in action against Bishnoi Gang and Babbar Khalsa
National Investigation Agency (NIA) on Thursday seized several illegal arms and ammunition, along with incriminating documents, digital devices and cash in a massive multi-state crackdown in connection with cases relating to conspiracies and activities of the banned Babbar Khalsa International (BKI) and the Lawrence Bishnoi crime syndicate. A total of 32 locations in Punjab, Haryana, Rajasthan, Uttar Pradesh and Delhi, as well as the Union Territory of Chandigarh, were raided by NIA teams as part of the mega operation that began early Thursday morning, a spokeswoman of the agency said.
11.01 / 18:37
markets
Death
Allianz
President
show
cover
International
Can a high sum-assured Ulip offer better cover, returns?
₹1 lakh per annum. “The Ulip premium has two elements—the death benefit and the investment value. Customers can choose their own multiple for the death benefit.
11.01 / 17:57
11.01 / 17:33
Parke
Tesla
wellness
International
Bengal, geo-indicate your global cred
Vibrant Bengal Global Summit. Yes, enthu frontbenchers.
11.01 / 17:25
COST
Provident
Waters
Marvell
country
travelers
International
Why Atal Setu is an engineering marvel – 5 things to know about India's longest sea bridge
Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, built at a cost of about ₹17,840 crore. Atal Setu is the longest bridge and also the longest sea bridge in the country. Prime Minister’s vision is to improve ‘ease of mobility’ of citizens by strengthening urban transport infrastructure and connectivity.
11.01 / 17:11
11.01 / 16:43
markets
Target
FIVE
Analysis
International
Natural Gas Approaches Fresh Lows in Europe: Could US Prices Follow Suit?
Recent days in northern Europe have been marked by an onslaught of winter with negative temperatures, leading to a rise in natural gas consumption.
11.01 / 16:43
markets
COST
security
Strategy
Fitch
Research
International
Chesapeake to buy Southwestern for $7.4 billion in all-stock deal
(Reuters) — Chesapeake Energy (NYSE:CHK) said on Thursday it would buy smaller rival Southwestern Energy (NYSE:SWN) in an all-stock transaction valued at $7.4 billion, a deal that would enable the second-largest U.S. natural gas producer to take the top spot.
11.01 / 16:29
UPS
Provident
Target
Research
country
International
Bharatiya Antariksha Station by 2030, presence on Moon by 2040: Somnath reveals ISRO goals at Gujarat Space Conference
Indian Space Research Organisation (ISRO) chief S Somanath said the country will build a space station by 2035 and an Indian presence on the moon by 2040. The ISRO chief was speaking at the International Space Conference 2024 in Gandhinagar, Gujarat. Reflecting on the recent successes and the guidance provided by Prime Minister Narendra Modi, Somanath said the prime minister has always been a fervent advocate for the space endeavours of India.
11.01 / 14:26
markets
UPS
Citi
wellness
reports
travelers
International
Mumbai
Atal Setu: How the Trans Harbour Link will transform Mumbai
Arabian Sea tomorrow, Mumbai will get a vital artery which can give a phenomenal boost to business and industry as well as make daily life easier for Mumbaikers. The Mumbai Trans Harbour Link (MTHL), or Atal Setu, as it will be called now, links Sewri in Mumbai to Nhava-Sheva on the mainland in Mumbai Metropolitan Region, establishing faster connectivity between the island city of Mumbai and the Navi Mumbai on the mainland, and decongesting the perennially choked metropolis as well as opening new vistas of development. Spanning 22 km, with a 16.5 km extension into the sea, Atal Setu will shorten travel time between Mumbai and Navi Mumbai to 20 minutes from two hours.
11.01 / 14:05
markets
Booking
ICE
Adventure
information
reports
International
Tata Punch EV electric SUV revealed: Here's everything we know so far
Tata Motors recently revealed its highly anticipated Punch EV, and it is now open for bookings with an initial amount of ₹21,000. The introduction of the Punch EV is anticipated to strengthen Tata Motors' position in the Indian electric car market, where the company currently commands an impressive 85 percent market share, reported HT Auto. Reportedly, the Tata Punch EV is set to be available for purchase in India around mid-February 2024, with an ex-showroom price ranging between ₹12 lakh and ₹14 lakh.
11.01 / 12:27
markets
UPS
Enterprise
International
Chesapeake Energy to acquire gas rival Southwestern for $7.4 billion
Chesapeake Energy Corporation (CHK) and Southwestern Energy Company (NYSE:SWN) announced today their boards approved a merger valued at $7.4 billion.
11.01 / 11:45
Sustainability
trends
students
Universities
Diversity
Colleges
International
2024
Trends to watch out for in 2024 in the foreign education landscape
international students. As we anticipate the trends shaping the landscape in 2024, it is increasingly clear that India's impact on the international student demographic is particularly profound in Australia, Canada, the UK, and the United States. Australia, for instance, has identified India as its second-largest market for international students, with China still holding the dominant position.
11.01 / 09:13
UPS
Cooper
CEO
Mobile
Sustainability
International
India-Japan Fund to invest ₹400 cr in Mahindra Last Mile Mobility
₹400 crore in Mahindra Last Mile Mobility Ltd (MLMML), a subsidiary of Mahindra & Mahindra (M&M), valuing the company at ₹ 6,600 crore. The deal marks the Fund's first investment since it was set up in August last year, resulting in a projected 6-8% stake in MLMML.
11.01 / 08:55
UPS
Citi
Aviat
security
Celebrity
Traffic
International
Ram Mandir event: ‘100 chartered planes to land in Ayodhya on 22 January’, says Yogi Adityanath
Ayodhya airport on 22nd January to attend the 'pran pratishtha' ceremony of the Ram Temple. This will also show us the path of checking the potential of the Ayodhya airport" the CM said. He further added, "I am grateful to PM Narendra Modi for giving the fourth international airport to Uttar Pradesh.
11.01 / 08:07
markets
UPS
Citi
Provident
country
International
Financial
Finance Minister Nirmala Sitharaman unveils GIFT city's financial landscape
Gujarat Global Summit, Finance Minister Nirmala Sitharaman provided a comprehensive overview of the current financial ecosystem within the Gujarat International Finance Tec-City (GIFT City). Emphasizing the city's strategic importance, the Minister highlighted the significant presence of various financial entities and the thriving derivatives market. Sitharaman said, «There are now three exchanges, twenty-six banks, and twenty-six aircraft lessors in the IFSC. The GIFT City is required to host the offices of aircraft firms.
11.01 / 07:15
Man
Airlines
trends
cover
Inside
Investigations
International
Bengaluru couple caught smuggling Rs 1.9 crore gold paste using their children; Bizarre details inside
smuggle gold worth Rs 1.9 crore from Dubai to Bengaluru, a couple used their two small children as a cover, pretending to return from a family tour to the Gulf. The incident happened at the Kempegowda International Airport (KIA) in Bengaluru when a team from the Directorate of Revenue Intelligence (DRI) received a specific tipoff. The couple, a 36-year-old man and his 33-year-old wife, accompanied by their eight-year-old daughter and two-year-old son, were intercepted upon getting off an Emirates airlines flight.
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