MET Financial News

NATO Secretary-General Jens Stoltenberg said Monday that Turkey’s President Recep Tayyip Erdogan has agreed to send Sweden’s accession protocol for joining NATO to the Turkish Parliament “as soon as possible” and to help ensure that the assembly approves it. Stoltenberg made the announcement after talks with Erdogan and Swedish Prime Minister Ulf Kristersson on the eve of a NATO summit in Lithuania. Sweden’s NATO accession has been held up by objections from Turkey since last year. “This is an historic day because we have a clear commitment by Turkey to submit the ratification documents to the Grand National Assembly, and to work also with the assembly to ensure ratification,” Stoltenberg told reporters. Earlier Monday, with NATO hoping to put on a public display of unity in its support for Ukraine more than 500 days into the war, Erdogan said that he would block Sweden’s path unless European members of the military organization “pave the way” for Turkey to join the world’s biggest trading bloc. His surprise announcement added new uncertainty to Sweden’s bid to become the alliance’s 32nd member. Turkey was already blocking its entry because Erdogan believes that Sweden has been too soft on Kurdish militants and other groups that he considers to be security threats.

TOKYO—A top Japanese energy official called on Australia to back away from new carbon-emissions rules that Tokyo says threaten its energy security, stepping up a rare fight between the two U.S. allies. The Australian rules, which took effect July 1, require new liquefied-natural-gas facilities to be carbon-neutral on their first day of operations.

Expressing her astonishment, Sarah Hannafin, head of policy at the school leaders' union NAHT, remarked that, it is difficult to comprehend that schools have once again encountered problems with logging into the Primary Assessment Gateway system which is the very platform they depend on to retrieve the results. This year, the assessment tests occurred in May, and their outcomes were utilized to evaluate academic achievement. According to the Government, the national curriculum tests at key stage 2 (KS2) are designed to guarantee that each student receives optimal support during their transition to secondary school.

The prime ministers of Poland and Japan have held talks on security, Russia’s war on Ukraine and the strengthening of business ties

India’s stock market regulator was drawn into an unseemly swirl of suspicions raised by US-based Hindenburg’s report of 24 January that alleged the Adani Group was a “corporate con" while accusing it of share-price manipulation for dubious gains, among other things, all flatly denied by Adani. The Securities and Exchange Board of India (Sebi) recently proposed tighter ownership disclosure norms for foreign portfolio investors (FPIs), calibrated by risks entailed by concentrated holdings in very few firms—as some FPIs have had in Adani companies, placing them in the eye of this storm.

Ncuti Gatwa has confirmed that he will portray Doctor Who in its Season 15. Most interestingly, the actor revealed this information to ‘Doctor Who’ lead Matt Smith in a drunken condition. Gatwa is most likely to portray the next incarnation of the sci-fi series' central Time Lord in David Tennant's Fourteenth Doctor in a seasonal episode. Talking to ‘Rolling Stone UK’, he said that he had a chance encounter with Eleventh Doctor actor Smith at a party. He talked to him in an inebriated condition and said that he was following in his footsteps. It was a hint that he would portray the character of Doctor Who, which was played by the actor earlier. Gatwa also told Smith that he had seen ‘Sex Education’ and became his fan after watching his portrayal of Eric. Jodie Whittaker and Peter Capaldi also praised the new Doctor Who. Other actors who have played Doctor Who have praised the selection of Gatwa as the lead character of the show. Colin Baker, Paul McGann, and Christopher Eccleston have supported Gatwa on their social media platforms. Sylvester McCoy has issued a video praising Gatwa. Though Gatwa met Smith accidentally and hinted at his role in Doctor Who, the actor praised him. Other and earlier actors portraying Doctor Who have set a positive note for the sci-fi series. People ad experts are waiting for Gatwa’s debut as Doctor Who.

Wall Street ticked modestly higher ahead of a U.S. inflation update that markets hope will convince the Federal Reserve to hold off raising interest rates again when it meets later this month

DGCA has put SpiceJet under «enhanced surveillance» amid the budget airline facing multiple financial headwinds in recent months, a senior official said on Tuesday, but the carrier refuted any such development. It also comes against the backdrop of various lessors seeking repossession of aircraft leased to SpiceJet and some of the cases have been settled by the airline.

Authorities in Iceland have warned tourists and other spectators to stay away from a newly erupting volcano that is spewing lava and noxious gases from a fissure in the country’s southwest

Colombian prosecutors have accused a former presidential candidate of receiving at least $2.8 million from Odebrecht, the Brazilian construction giant that has admitted paying bribes across Latin America to secure infrastructure contracts

South Korean opposition lawmakers have sharply criticized the head of the United Nations’ nuclear watchdog for its approval of Japanese plans to release treated wastewater from the damaged Fukushima nuclear power plant

Celebrities, lawmakers, brands and everyday social media users are flocking to Meta’s freshly minted app Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk’s raucous oversight of that platf...

Is it mandatory for an Indian resident studying overseas to convert bank savings account in India to non-resident ordinary (NRO) or non-resident external (NRE) account? Also, what conditions will determine one’s residency status for tax purposes?

The recent judgment of the Supreme Court in a motor insurance compensation case may adversely impact general insurance companies as compensation payout to victims in third-party insurance claims are likely to go up, according to industry insiders.

Health Minister Mansukh Mandaviya on Tuesday met representatives from Pharma Companies from the MSME sector. During the meeting, Mandaviya emphasised that it is important for MSME Pharma Cos. to be alert to the quality of drugs and expeditiously move towards Good Manufacturing Processes (GMP) through self-regulation.

moderate rainfall occurred at most places in the eastern part of the state and at isolated places in the western part during the same period, according to PTI reports.  In Sirohi, Abu Road recorded 11 cm downpour, Pratapgarh and Dholpur 9 cm each, Sangod (Kota), Paota and Chomu (both in Jaipur) and Sumerpur (Pali) recorded 8 cm each while the rainfall in many other areas was below 8 cm, the MeT department said.  The weather office has predicted heavy rainfall in Baran, Bharatpur, Bundi, Dholpur, Jhalawar, Karauli, Kota, and Sawai Madhopur districts on Wednesday. In Pratapgarh, a 35-year-old man drowned in the Karmvachhni River on Monday night.

On July 8 the Indian government amended provisions of the Prevention of Money Laundering Act (PMLA) to allow the Enforcement Directorate and the Financial Intelligence Unit to share information with the GST Network. News reports have tended to view the development as the government bringing the GST Network under the purview of PMLA, complete with its arbitrary powers of investigation and arrest. This is a disquieting development.

Berlin | Mining and clean-energy billionaire Andrew Forrest is poised to set up a new battery manufacturing hub in the US, as Fortescue Future Industries tries to reap the benefits of President Joe Biden’s $US369 billion ($550 billion) Inflation Reduction Act.

Clensta International has raised Rs 75 crore in its pre-Series funding, led by TradeCred and the Royal Family of the UAE, a top company executive told ET. The executive added that the Export-Import Bank of India (EXIM Bank), Mumbai Angels, Keiretsu, LetsVenture and O2 VC Fund were among the investors who took part in the funding round. The funding includes a mix of debt and equity.

volcanic eruption began near Iceland's capital Reykjavik on Monday, marking the third time in two years that lava has erupted in the area. The eruption occurred in an uninhabited valley near the Litli-Hrútur mountain, about 30 kilometres southwest of the capital. "The eruption is taking place in a small depression just north of Litli Hrutur ('Little Ram' in Icelandic) from which smoke is escaping in a north-westerly direction," Iceland's Met Office noted.

United States President Joe Biden began his trip to Europe on Monday with a visit to London where he met with British Prime Minister Rishi Sunak and King Charles-III. The US President described the relationship between the two nations as «rock solid.» The meeting between Biden and Sunak comes ahead of a key NATO meeting in Vilnius, Lithuania's capital. Biden, who is on a three-nation visit, made his first stop at the UK before heading later in the day for a NATO leaders summit in Lithuania.