International Financial News

Sen. Mike Crapo, R-Idaho, unpacks the tax code and tariffs proposal under President-elect Donald Trump on Kudlow.

Barack Obama and President-elect Donald Trump appeared to have a cordial conversation. However, a professional lip reader told The Post that their laughter and smiles concealed more serious content, as quoted in a report by The NY Post.

Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to revive its business

IRGC) has unveiled the Rezvan which is a sophisticated loitering munition drone during its Great Prophet 19 military exercise, reported Iran International. The drone actually demonstrates Iran's advanced military technological capabilities and strategic positioning in the region. According to Iran International, the Rezvan features remarkable specifications which include a 20 kilometer range and 20 minute operating time. Starting with its launch from a cylindrical container, the suicide drone eventually transmits live video to operators while enabling precise target selection and engagement. IRGC Ground Forces Commander Mohammad Pakpour claimed recent successful simulated attacks against hypothetical enemies during the exercise.

Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece. The offer for sale (OFS) included an option to additionally sell up to 8.44 crore shares, or 6.50 per cent equity.

In her new role, Bal will be based in London and will be responsible for leading the Aviva research team across global fixed income markets. She will report to Fraser Lundie, global head of fixed income, who joined Aviva in May last year from Federated Hermes. Richard Saldanha returns to Aviva Investors after three week stint at Royal London AM Before joining Aviva, Bal had worked at Fidelity International between 2010 and 2024, most recently serving as global head of research for fixed income. She had also worked as an analyst for PIMCO and CreditSights. Lundie welcomed Bal ...

Henley Passport Index of the year 2025 has crowned Singapore as the most powerful passport of the world while granting its citizens visa free access to 195 out of 227 global destinations, reported CNBC Travel. This achievement actually marks a pretty significant milestone in global mobility while demonstrating the diplomatic and international standing of Singapore. According to CNBC Travel, Japan actually closely follows in second place with 193 visa free destinations while Finland, France, Germany, Italy, South Korea and Spain share third place together whereas each country is offering access to 192 destinations. The rankings actually highlight the continued dominance of Asian and European nations in international travel freedom. The United Arab Emirates emerged as a notable climber while rising 32 places to enter the top 10 with access to 185 destinations, asserted CNBC Travel. At the same time, on the other hand, the US eventually experienced a significant decline while dropping seven places to ninth position.

This immense financial and emotional investment underscores the importance of strategic preparation for college admissions. With over 13 lakh Indian students pursuing higher studies abroad in 2024, as reported by the Ministry of External Affairs, the competition for spots at top universities is fierce. The U.S. remains a top destination, with 69% of Indian students selecting it, according to the Oxford International Student Global Mobility Index. The Open Doors Report 2024 further highlights that Indian students now form the largest group of international students in the United States. However, for many parents, the journey to international education is filled with questions: How can my child stand out in such a competitive landscape? Are there resources available to reduce the financial burden? How can I support my child in preparing for the rigorous demands of higher education? Programs like the SAT and Advanced Placement (AP) offer parents and students a pathway to address these challenges, helping them navigate the complex admissions process with confidence.

Subscribe to enjoy similar stories. For years tennis prospered in its bubble of excellence. With Roger Federer, Rafael Nadal and Novak Djokovic pushing each other and the sport to greater heights, we lived in a perpetual state of awe.

Trump’s obsession with Greenland has put the world’s largest island in an unexpected position of power. While Trump’s 2019 bid for the Arctic territory was dismissed as little more than a joke, the president-elect’s timing is better this time around — Greenlanders are intensifying their push for independence from Denmark. Within the next three months, they will hold a general election that will take the temperature of that relationship. Greenland is not for sale. But its new position gives it the ability to play the US and Denmark off of each other – a dynamic that might ultimately see it come out on top.

Subscribe to enjoy similar stories. Angela Merkel wrote a 736-page memoir to secure her crumbling legacy. The effort is backfiring.

Nakdu Yadav, a wanted criminal with a long history of violent crimes, managed to outwit law enforcement for more than three decades. By assuming the identity of "Nandlal Yadav," he infiltrated the UP Home Guards, working under the very system that once sought to apprehend him. His ruse remained intact until an unexpected betrayal by his own family led to the revelation of his past and his subsequent arrest, as reported by TOI.

Subscribe to enjoy similar stories. Saudi Arabia and other Arab states are jockeying for influence with Syria’s Islamist government, hoping to gain an advantage on rivals in the strategically positioned country despite misgivings about the jihadist past of its new leaders.

Indian market closed lower on Thursday tracking muted global cues. The BSE Sensex fell more than 500 points while the Nifty50 managed to hold above 23,500 levels. Sectorally, buying was seen in FMCG while selling was visible in power, energy, oil & gas and realty stocks.

Telecom operators are urging the Department of Telecommunications (DoT) to adopt the sector regulator's definition on international traffic, a move that can potentially boost telcos' SMS revenues by more than ₹ 400 crore annually.

General Joseph Aoun, the country's army chief, as president, effectively ending a two-year presidential vacancy. This election marks a pivotal moment in Lebanon's political landscape, with potential implications for regional dynamics.

Loblaw is apologizing after the grocer confirmed some meat products sold in stores across Western Canada were underweighted compared with what was posted on the label, leading to some customers being overcharged.

Steve Bannon continues to stoke the internal MAGA conflict in the early parts of the year 2025 while focusing on two primary targets which are H1-B visas and House Speaker Mike Johnson, reported Daily Beast. On his podcast, Steve Bannon pretty recently launched scathing attacks against Tesla CEO Elon Musk and Vivek Ramaswamy who support H1-B visas for the foreign tech workers.

Deepika Padukone has publicly criticized SN Subrahmanyan, the Chairman of Larsen & Toubro (L&T), following his controversial remarks about work-life balance. Subrahmanyan's comments, advocating for a 90-hour workweek that includes Sundays, have sparked widespread debate about workplace culture, mental health, and the importance of personal time.

International Date Line (IDL), achieving a significant milestone during the crew's global circumnavigation expedition, officials said. «As the vessel sailed eastwards, the crew adjusted their clocks to account for the date change, symbolising the blending of two consecutive calendar days,» a Navy spokesperson said.

Infosys co-founder Narayana Murthy's 70-hour workweek suggestion. This statement, made during an internal conversation, was leaked on social media and quickly gained attention, leading to mixed reactions from both employees and the wider public.