International Financial News

Mark Burnett, the power producer who helped reintroduce Donald Trump to a national television audience with "The Apprentice", is being tapped by the president-elect as special envoy to the United Kingdom in his upcoming administration. «With a distinguished career in television production and business, Mark brings a unique blend of diplomatic acumen and international recognition to this important role,» Trump announced on Saturday. Burnett, who was born in London, helped produce hits like «Survivor» and «The Voice», but is perhaps best known for teaming up with Trump for «The Apprentice», which first aired on NBC in 2004.

Tel Aviv, Israel, early Saturday after air defenses failed to intercept it, the latest in an increasing barrage of Houthi attacks. At least 16 people were lightly wounded by shattered glass in nearby buildings, according to Magen David Adom, Israel's emergency service. It was at least the sixth such attack over the past month. The attack set off air-raid sirens across central Israel ordering hundreds of thousands of residents to enter reinforced bomb shelters. The missile landed in a playground in Tel Aviv in the middle of the night.

Northeast India is the biggest work done in the last 10 years, Union home minister Amit Shah claimed on Saturday, citing various peace accords and surrendering of militant outfits in the region. In the last 10 years, Prime minister Narendra Modi has brought Northeast India in focus not only nationally but internationally, Shah said at the 72nd plenary session of the Northeastern Council (NEC) in Agartala. «Northeast India, for a long time, remained only in the speeches from New Delhi,» he said. But tremendous infrastructure development under the Modi government has made the region easily accessible and «lessened the distance of hearts among the people of Northeast India and New Delhi,» he said.

Subscribe to enjoy similar stories. Eight years ago China lost a legal battle over its fantastical territorial claims in the South China Sea. An international tribunal ruled they had no basis.

UAE) and Kuwait at the Dubai International Cricket Stadium, Dubai at 8 pm IST. Oman had become the inaugural champions of the Gulf Cricket T20I Championship after beating UAE by five wickets in the final in September 2023.

Teamsters General President Sean O'Brien calls on Amazon to provide better pay for its union members and 'negotiate' just days before a busy holiday rush.

Yogi Adityanath has increased the compensation to farmers for land acquisition to build the Jewar Airport from Rs 3,100 per square meter to Rs 4,300 per square meter, an official statement from the state government said. In a post on X, CM Yogi said, «Under the guidance of Prime Minister Narendra Modi, Asia's largest airport is being built in Jewar, the credit for this development goes to the farmers. The compensation payable for land acquisition for the third phase for Noida International Airport, Jewar has been increased from Rs 3,100 per square meter to Rs 4,300 per square meter. Hearty congratulations and salutations to all the farmer brothers!» «Farmers will also be paid interest as per rules, and complete arrangements will be made for the resettlement of affected farmers, and their employment,» CM Yogi said.

Tata Trusts, the single-largest shareholder of Tata Sons, has tightened project monitoring processes, shifting from quarterly to monthly reviews to better manage operational expenses and enhance the on-ground impact of its funds, people familiar with the matter said. The organisation may also prioritise grant-making over direct implementation (DI) projects to further minimise expenses, the people said. An inflated cost structure had led trustees to do an internal audit several months ago, the people said. This revealed many discrepancies, leading the trustees to tighten the monitoring system. Additionally, the Trusts' audit system has been strengthened and it now reports directly to the chief executive, who is responsible for updating the executive committee and board of trustees, people said. Several DI Projects

National Single Window System including foreign direct investment (FDI) approvals, petroleum-related services, hallmarking and start-up registration. The national portal integrates the existing clearance systems of the various ministries and departments of the centre and state governments. In its year end review, the Department for Promotion of Industry and Internal Trade (DPIIT) also said that from 2000 to 2024, a total FDI inflow of $991 billion was recorded, with 67% received during the last ten financial years (2014-2024). The department also said that the production linked incentive schemes for 14 sectors have achieved significant milestones, including investments of ₹1.46 lakh crore, production/sales of ₹12.5 lakh crore, exports worth ₹4 lakh crore and employment for 9.5 lakh individuals.

FIFA has signed Netflix to a United States broadcast deal for the Women’s World Cup in 2027 plus the 2031 edition that could be played in the U.S. The deal announced Friday is the most significant FIFA has signed with a streaming service for a major to...

inflation despite expectations of it softening ahead. «Going forward, food inflation is likely to soften in Q4 with seasonal easing of vegetables prices and kharif harvest arrivals; and good soil moisture conditions along with comfortable reservoir levels auguring well for rabi production.

For air travellers in India, 2024 turned out to be a year of turbulence — both in the skies and on the ground. From hoax bomb threats that forced emergency landings to passengers stranded on tarmacs without basic amenities, and infrastructure failures at key airports, flying often felt like a test of patience rather than a convenience. As fares soared and chaos sustained, India’s aviation sector did unlock milestones but at the same time, the industry grappled with challenges that left travellers frustrated.

Subscribe to enjoy similar stories. The International Film Festival of Kerala (IFFK), held annually in Thiruvananthapuram, concluded this week. Though the full programme only arrived days before the festival’s start, it was a stellar lineup of films from the state, the rest of India and around the world.

YES BANK, the sixth-largest private sector bank in India, in collaboration with FICCI FLO, South East Asia’s largest women’s chamber of commerce, announced the launch of YES PowherUp, a specialised MSME programme designed to empower women entrepreneurs in scaling their businesses. YES PowherUp offers a comprehensive suite of financial solutions tailored to the unique needs of women-led enterprises. The programme includes specialised SME loans, premium business accounts, international trade and forex services, investment opportunities, credit card options, and insurance plans. By addressing the specific challenges faced by women entrepreneurs, YES PowherUp aims to provide the necessary support for businesses to establish, grow, and succeed sustainably. Dhavan Shah, Head of SME Banking at YES BANK, said, in a statement, “India's MSME sector is witnessing unprecedented growth, with women entrepreneurs emerging as vital contributors to this dynamic ecosystem. Through our partnership with FICCI FLO, we are proud to launch YES PowherUp, a comprehensive and innovative MSME proposition tailored for women-led businesses. At YES BANK, we are deeply committed to enabling women entrepreneurs to thrive, offering them the tools and support needed to scale their ventures and shape India's growth story. Together, we aim to empower women entrepreneurs, fostering their financial independence and enhancing their impact on the economy."

Gold prices are displaying weakness, falling by Rs 2,260/ 10 grams in the last one week while silver prices fell by Rs 5,600/kg in the same period.

Reliance Industries shares will remain in focus on Friday after Venezuela's state oil company PDVSA and Reliance Industries resumed an oil swap arrangement that was previously halted due to U.S. sanctions. This development follows a U.S. license granted in July authorizing such trade, according to an internal PDVSA document. A supertanker carrying about 1.9 million barrels of Venezuelan Merey heavy crude departed earlier this month for India's Sikka port, while a unit of Reliance delivered a 500,000-barrel cargo of heavy naphtha to PDVSA this month in exchange, according to the document.

Nirmala Sitharaman lauded the customs officials of Mumbai's Chhatrapati Shivaji Maharaj International (CSMI) Airport for their vigilance and successful seizure of over 2 kg of smuggled gold worth Rs 1.48 crore. In a social media post, the minister wrote, «Appreciate @mumbaicus3 for showing diligence. Well done,» acknowledging the team's efforts. The Customs Department at the Mumbai airport intercepted two cases of gold smuggling during December 18-19, 2024. The officials confiscated a total of 2.073 kg of 24-karat gold, which had been smuggled in innovative ways.

International Gemmological Institute will debut on the exchanges on Friday. Ahead of the listing, the company's shares were trading with a GMP of Rs 135 in the grey market. Considering the upper price band of Rs 417, the stock is expected to see listing gains of 33% over the issue price.

IndusInd International Holdings (IIHL) is in advanced talks with investors including 360 One, Barclays, Bank of America, Allianz Private Credit Fund, ICICI Prudential AMC Private Credit, Edelweiss Alternatives, Alpha Alternatives Fund and Tata Capital to raise ₹4,300 crore in the second tranche to complete its acquisition of Reliance Capital by January end, people aware of the development said. Barclays alone is contributing ₹1,000 crore in this round of non-convertible debenture (NCD) issue, one of them said.

Despite moving to Canada from India in 2018 as an international student and receiving a work permit upon graduating two years later, Dinesh* lives in Ontario today as a visitor even though that was obviously not the original plan.