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Port of Baltimore and closed a major highway will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast as importers and exporters try to avoid potential bottlenecks at trade gateways from Boston to Miami. “Companies have already begun shifting volumes from the East Coast to the West Coast,” said Ryan Petersen, the founder and chief executive of Flexport Inc., a digital freight platform based in San Francisco. “Baltimore being taken offline means all the other ports on the East Coast are getting this bubble of cargo — creating congestion and delays.” That also means companies and consumers may face a repeat of one of the big supply chain lessons of the Covid pandemic: that a sudden 10% or 20% increase in volumes through a port “is enough to cause massive backlogs, congestion, ships waiting offshore and all sorts of delays that can compound on themselves,” Petersen said.

NEW DELHI : Actis Llp’s BluPine Energy, Singapore’s Sembcorp Industries Ltd, Edelweiss Infrastructure Yield Plus Fund’s Sekura Energy, Torrent Power and JSW Group are exploring to buy Brookfield Renewable’s 1.6 gigawatt (GW) portfolio in India, two people aware of the development said. The deal is expected to have an equity value of around $800 million. JP Morgan is running the sale process for the 1.6 GW capacity, of which 1 GW is operational, while the balance 600 MW is under execution.

George R. Stewart's classic sci-fi novel Earth Abides as a limited series for its streaming channel. The adaptation, spearheaded by creator and showrunner Todd Komarnicki, will star Alexander Ludwig and is set to begin production in Vancouver on April 8.

IIT Guwahati, this vaccine for pigs harnesses a reverse genetic platform. Although the swine fever does not affect humans, it is a highly contagious disease among pigs, and poses a severe threat with a very high mortality rate. North-eastern Indian states along will Punjab, Haryana, Bihar, Gujarat, and Kerala are among the states with frequently observed instances of swine fever.

Global cryptocurrency exchange KuCoin and two of its founders have been indicted on criminal charges of operating without a license for transmitting money and failing to establish an anti-money laundering (AML) program in accordance with the Bank Secrecy Act (BSA).

Advisors’ assessments of their high-net-worth clients’ cash holdings can diverge wildly from the reality of those held-away liquid assets, which could spell a massive untapped opportunity, according to new research by Flourish.

Chennai Super Kings batters dazzled before the bowlers ran riot to choke Gujarat Titans in a comprehensive 53-run victory in their second IPL match here on Tuesday.Ruturaj Gaikwad's team has covered all its bases and it was evident as Rachin Ravindra prepared a platform with 20-ball-46 allowing Shivam Dube to unlock his beast mode with a 23-ball-51. In between, Gaikwad himself maintained the balance with 36-ball-46 as Chennai's 206 for 6 was a Herculean total in every sense. Titans in reply could manage only 143/8 as Chahar (2/28 in 4 overs), Mustafizur Rahman (2/30 in 4 overs), Tushar Deshpande (2/21) and Matheesha Pathirana (1/29 in 4 overs) one by one tightened the noose on Titans batting unit. If Gujarat needed to make a match of it, Shubman Gill needed to fire but his poor shot selection of a Deepak Chahar delivery, which wasn't as short as expected for a pull-shot, brought about his downfall. Once Shubman was gone, Gujarat didn't even have a chance in hell with players like Wriddhiman Saha (21 off 17 balls) and B Sai Sudharsan (37, 31 balls), players, who on most days are pillion riders, playing second fiddle to perfection.

Adobe is collaborating with other companies, especially those working with generative artificial intelligence to develop broad industry standards, Adobe CEO Shantanu Narayen said Tuesday at the launch of its genAI-enabled application called GenStudio for marketers. “Responsible innovation cannot be an afterthought. We are working to combat misinformation by advocating for content credentials as an industry standard to establish trust in digit content,” Narayen, who is also chairman and president of the company, noted.

The fundraise aims to augment and build financial flexibility to grow the business and harness various emerging opportunities both within the existing and expanding broking business, and across the inorganic universe within the fintech space.

Shares of Donald Trump’s social media company jumped nearly 50% in the first day of trading on the Nasdaq, boosting the value of the former president's large stake in the company in the process

Stocks are ticking higher and are near their record levels

Supriya Shrinate on actress Kangana Ranaut's electoral debut has sparked a fresh controversy. The National Commission of Women has demanded action against the Congress leader. Although Supriya clarified that the post, which has since been removed from Instagram, was posted from a parody account, she has however issued an apology.

BENGALURU : Online shopping platform Myntra on Tuesday claimed that it turned operationally profitable in the last quarter of calendar year 2023, attributing it to an expanding customer base, premiumization, collaborations with both domestic and international brands, and advancements in technological integration. Myntra did not disclose specific Ebitda (earnings before interest, taxes, depreciation, and amortization) numbers.

emat account indispensable for participation. A demat account not only facilitates trading but also serves as a repository for various securities. In addition to shares, it can hold debentures, sovereign gold bonds, ETFs, government bonds, mutual funds, tax-free bonds, certificates of deposit, and more.

pioneering vaccine technology to BioMed Pvt. Ltd., a manufacturing company specializing in high-quality vaccines. This technology entails a recombinant vector vaccine designed specifically for combating the classical swine fever virus in pigs and wild boars, filling a significant gap in India's vaccine landscape. This first recombinant virus-based vaccine for pigs harnesses a reverse genetic platform pioneered and refined at IIT Guwahati. Swine fever, a highly contagious disease among pigs, poses a severe threat with a very high mortality rate, although it does not affect humans. In India, instances of this disease have been frequently observed in northeastern states, as well as in Bihar, Kerala, Punjab, Haryana, and Gujarat, among others.

Bank of America unveiled a new shelf of investment products to help its clients address the thorny problem of achieving sustainable retirement income.

Donald Trump needs cash, and starting today he will see a huge pile of shares he owns trading on the stock market. The question is, how soon can he tap his nearly $4 billion stake in social-media platform Truth Social? That is up to the board of Truth Social’s parent company. The group includes his son, three former members of his administration and the former congressman who took a leading role in defending the former president in his first impeachment trial.

₹30 lakh in total relationship value or ₹10 lakh as average quarterly balance in their accounts. But to treat the Burgundy clients at par with non-Burgundy ones and to remove a lot of the benefits within three to four months is absurd," said Tejas Ghongadi, co-founder, The Points Code, a platform that advises credit card users on how to optimize reward points. Starting 20 April, Magnus Burgundy users will no longer get ‘buy-one-get-one tickets’ on bookmyshow—a movie ticket booking app, while concierge services are discontinued and spend categories of insurance, fuel and gold will neither earn rewards nor be counted for the annual spending threshold.

Also Read: Small & Medium REITs framework to boost property fractional market growth by 10 times to $5 bn, say industry players Fractional ownership of holiday homes helps to overcome the issues faced by the second home market. Mayur Raj Kapoor, Co-Founder & CEO, BRIK itt shared that he introduced fractional ownership of holiday homes to address these problems. “There are three main issues we identified in the second home market.

SWIFT, the global messaging network used by banks, service providers, clearinghouses, corporate business houses, brokers, is planning to launch a new platform to connect central bank digital currencies (CBDCs) in the next one to two years, according to a Reuters report citing the firm’s head of innovation, Nick Kerigan.

GConnect Logitech IPO: The initial public offering (IPO) of GConnect Logitech and Supply Chain Limited has hit the Indian primary market today. It will remain open till 28th March 2024. The company has fixed the GConnect Logitech IPO price band at ₹40 apiece.