International Financial News

15.01 / 08:33

UPS security Sustainability Research wellness International Euler Motors secures $20 million in debt funding for expansion

electric vehicle maker Euler Motors on Wednesday said it has secured up to USD 20 million in debt from responsAbility Investments AG to ramp up production and distribution networks as well enhance research and development capabilities. The fresh capital infusion comes close on the heels of the company closing its Series C funding round, raising an additional Rs 200 crore from investors including British International Investment, Blume Ventures, and Piramal Alternatives India Access Fund, Euler Motors said in a statement.

15.01 / 04:21

Manufacturing Analysis Trade Experts performer information International Premier Energies shares in focus on winning supply orders worth Rs 1,460 crore

Premier Energies are expected to remain in focus on Wednesday, January 15, after the company informed that it has won multiple orders amounting to Rs 1,460 crore from two Independent Power Producers (IPPs) and others. “In accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have received and accepted multiple orders aggregating to Rs 1,460 crore from two large Independent Power Producers (IPPs) and others,” the company stated in its exchange filing.

15.01 / 04:21

markets Digital Strategy PAM performer reports International Meta to lay off 3,600 low performers, focuses on AI and innovation

Facebook, Instagram, and WhatsApp, plans to lay off around 3,600 employees who are identified as low performers, according to an internal memo reported by Bloomberg. CEO Mark Zuckerberg described the decision as a step to «raise the bar on performance management and move out low-performers faster» as the company forges ahead in building out AI-powered services and immersive devices.

15.01 / 03:55

markets Platform Puzzle Trade innovations stars International 'Star Hai Yaar': Shark Tank 4 judge Vineeta Singh, an IIT-IIM grad, stunned by fellow shark's maths skills

Shark Tank India Season 4 highlighted the sharp mathematical skills of Azhar Iqubal, who caught everyone's attention with his quick analysis during a pitch. When entrepreneurs Ravi Kumar and Disha Katharani, founders of Mumbai-based Imagimake, presented their business, Azhar pointed out a subtle difference between two competing offers, showcasing his prowess in valuation metrics. His explanation brought laughter and admiration from the other Sharks, making him the star of the episode.

14.01 / 18:29

markets Citi Digital Strategy Experts PAM International Small town investors take fancy to Dubai property

Property developers in Dubai are receiving an increasing number of inquiries from residents of Tier 2 and tier 3 Indian cities as apartment and villa prices in Delhi and Mumbai literally shoot through the roof. While in Delhi and Mumbai, most of the properties launched are above ₹5 crore and above, in Dubai the average property price is also in the same range.

14.01 / 17:33

CEO wellness President reports International Brown Advisory changes leadership structure with co-CEO appointment

The move is set to address the growing needs of clients and shareholders and position the firm for the future. Under the new leadership structure, Fitzwilliams and Hankin will share all responsibilities at the helm of the firm, as well as serving on and reporting to the board. Brown Advisory appoints Tessa Pilkington to International Private Client team The pair have worked closely together for the past 15 years, with Hankin having been the sole CEO and president since the firm became private and independent in 1998. Fitzwilliams started with Brown Advisory in 2003 and most rece...

14.01 / 14:13

Target Cooper Mercury show country information International Interpol cracks down on illegal mining in West Africa as police make 200 arrests

Interpol says a major operation targeting illegal gold mining in West Africa has resulted in 200 arrests and the seizure of harmful chemicals, explosives and drugs

14.01 / 13:57

COST Food DAL travelers International Dal for Rs 750, Pulao for Rs 699: SHOCKING hotel prices for basic food at Indian hill station leaves toursists stunned. Check menu

14.01 / 13:57

markets Provident Action Airlines Strategy PAM International DGCA warns Akasa Air to be more vigilant in handling dangerous goods

DGCA has directed Akasa Air to carry out internal audits at all its cargo handling facilities and also warned the airline to be more vigilant in handling dangerous goods following instances of lapses. This is the latest in a string of regulatory red flags for the little over two-year-old airline, which has faced DGCA actions for various lapses in recent weeks.

14.01 / 12:51

BlackRock President International Net Zero Asset Managers suspends activities as it launches 'fit for purpose' review

The Net Zero Asset Managers (NZAM) initiative has pressed pause on its activities while it carries out an internal review aimed at ensuring it «remains fit for purpose in the new global context». The move comes just days after asset management BlackRock controversially confirmed it would quit the investor group, fuelling fears other US financial firms would exit the alliance ahead of President Donald Trump taking office. BlackRock becomes latest firm to leave global net-zero alliance BlackRock's decision followed a series of announcements over the past month from the six largest US...

14.01 / 09:23

markets Target Manufacturing economy Research country International Mega-polluter China believes it is a climate saviour

Subscribe to enjoy similar stories. Which countries should shell out more to save the planet? That is one of the big questions being asked at COP29, the UN’s climate summit in Baku this month. A common answer is China, which Westerners accuse of contributing too little to efforts aimed at helping poor countries cope with climate change.

14.01 / 07:41

MET ByteDance TikTok reports Courts International China officials internally discuss option of TikTok sale to Musk

Subscribe to enjoy similar stories. SINGAPORE—Chinese officials, facing a looming U.S. TikTok ban, have internally discussed options including the possibility of allowing a trusted non-Chinese party such as Elon Musk to invest in or take control of TikTok’s U.S.

14.01 / 07:19

MET CEO Platform Election Meta Platforms Podcasts rights International Zuckerberg debuts ‘real Mark’ in push to woo Trump

Subscribe to enjoy similar stories. Mark Zuckerberg wants Donald Trump to get to know the “real Mark." That’s the latest message the shape-shifting chief executive sought to relay to the masses as he pushes a frenzied effort to recast himself as a friend of the president-elect at a moment of peril and opportunity for Meta Platforms. On Friday, Zuckerberg met with Trump in Florida for the second time in seven weeks and torched Meta’s longstanding diversity policies.

14.01 / 05:09

UPS security HANS Universities Investigations International China reins in its once-freewheeling finance sector with purges and pay cuts

Subscribe to enjoy similar stories. Chinese leader Xi Jinping is bringing the country’s financial sector to heel, one banker at a time.

14.01 / 03:15

markets Digital security Strategy PAM Courts International Odisha announces monthly pension of Rs 20,000 for people imprisoned during Emergency

14.01 / 00:53

markets Provident Digital Cooper Pool International Global AI race should not create a risk to humanity

artificial intelligence should not lead to a ‘race to the bottom’ by overlooking AI governance or risks to humanity, said Amandeep Singh Gill, UN secretary-general’s envoy on technology. He said India, with its technological prowess, has the potential to emerge as the leader of the Global South in digital transformation. Gill, who is at the forefront of international cooperation on AI governance, spoke to ET’s Annapurna Roy & Himanshi Lohchab during his ongoing India visit. Edited excerpts:

14.01 / 00:39

markets UPS Analysis PTC Trade Experts International 15 stocks up at least 5% in 2025 after giving 25% returns in 2024

stock market sell-off over the past seven trading sessions has caused many shares to drop 10-40%. However, more than a dozen stocks have remained resilient, gaining 5-29%, building on their over 25% returns in 2024. These include PTC Industries, Indo Tech Transformers, Goldiam International, Shakti Pumps, Lloyds Metals, Vijaya Diagnostic Centre, Pokarna, and Sundaram Clayton, among others. So far this year, the Nifty fell 2.36%, Nifty Midcap 150 declined 4.14%, Smallcap 250 dropped 9% and Microcap 250 shed 8.36%.

13.01 / 23:31

markets UPS Target Tesla Features International China's electric car boom is expected to slow down in 2025

BEIJING — China's electric car market is headed for a sharp slowdown in 2025, according to analyst predictions, increasing pressure on companies trying to survive.

13.01 / 16:53

markets Gap economy President country reports International Posthaste: Why a weak Canadian dollar won't stop the Bank of Canada from cutting rates

The Canadian dollar has taken a beating lately, pummelled by the growing policy gap between the Federal Reserve and Bank of Canada, upheaval in Canadian politics and the tariff threats of incoming U.S. president Donald Trump.

13.01 / 12:25

markets community President War peace International How a second Donald Trump Presidency will act toward the Palestinians

Donald Trump as the next US President was greeted in the Middle East with a mixture of rapture and dread, especially among Palestinians.

13.01 / 11:57

markets Election community social International BNP and Jamaat-E-Islami take diverging paths in the absence of Awami League

Awami League absent from the political stage following the 5 August 2024 political changeover, the two long-standing allies, Bangladesh Nationalist Party (BNP) and Jamaat-e-Islami (JeI), appear to be drifting apart as they vie for dominance ahead of the upcoming elections. The BNP has been trying to distance itself from the JeI to gain more support from secular and international communities. This move has led to internal disagreements within the BNP, as some leaders still see value in maintaining ties with the JeI. Additionally, the JeI has been focusing on its own political agenda, which sometimes conflicts with the BNP's goals. Supporters of both parties have been particularly active on social media, exchanging harsh words and fueling the growing hostility between them.

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