President Financial News

The vice-president of the Philippines said she instructed an assassin to kill the president if she were killed.

Joe Biden resigned from the US Presidential elections, citing his age as well as appoint a worthy successor as his replacement in the poll race. Moreover, he has also often claimed that he is too old to risk more work, but has spent thousands of dollars on facelifts and hair transplants. Biden celebrated his 82nd birthday and made history for being the oldest sitting President, but his age has created many controversies about administrative capabilities.

BAKU: The COP29 climate summit is nearly 24 hours into overtime with no final agreement in sight as negotiators suspended the meeting after talks through Friday and Saturday failed to produce a compromise acceptable to all.

BJP's high-pitched campaign of infiltration, became the trump card for the JMM led INDIA alliance in Jharkhand. It was a one man show for JMM executive president and chief minister of the state Hemant Soren well backed by his wife and MLA Kalpana Soren and allies like Congress, RJD and CPI (ML)(L).

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than USD 2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.

Kailash Gahlot was on Saturday nominated as a member of the BJP's Delhi Assembly election coordination committee. Gahlot, an MLA from Najafgarh seat in West Delhi, stepped down as Transport minister in the Delhi government, and also resigned from the primary membership of the AAP on November 17. Next day he joined the BJP.

Mexico has been taking a bashing for allegedly serving as a conduit for Chinese parts and products into North America

President-elect Donald Trump has named Oregon Rep. Lori Chavez-DeRemer to lead the Department of Labor, elevating a Republican congresswoman who has strong support from unions in her district but lost reelection in November

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary

The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality foreign investment that will generate new jobs

A weak Canadian dollar is being blamed as a key culprit behind sticky inflation at the grocery store, a trend one expert says he expects to persist heading into the holidays.

Donald Trump has chosen Russ Vought, a key architect of "Project 2025," the controversial conservative plan to overhaul the government, to be director of the U.S. Office of Management and Budget, a powerful agency that helps decide the president's policy priorities and how to pay for them.

Scott Bessent, an advocate for deficit reduction and deregulation, to serve as Treasury secretary. Trump picked the billionaire hedge fund manager to lead an economic agenda that is expected to be built around raising tariffs and cutting taxes.

Nana Patole of the Congress and Avinash Anandrao Brahmankar of the BJP in Maharashtra's 2024 Assembly elections. With a polling date of 20 November and results to be announced on 23 November, this rural constituency has drawn attention due to its strategic importance and evolving political landscape.

Donald Trump said Friday he will nominate former NFL player and White House aide Scott Turner to be his secretary of housing and urban development. Turner ran the White House Opportunity and Revitalization Council during Trump's first term in office. Trump, in a statement, credited Turner, the highest-ranking Black person he's yet selected for his administration, with «helping to lead an Unprecedented Effort that Transformed our Country's most distressed communities.»

Trump 's team still hasn't signed agreements that are required to formally begin the transition process to the White House — meaning the government can't provide security clearances and briefings to incoming administration officials and the FBI can't screen his rush of picks for the Cabinet and other key posts. The importance of strenuous federal background screenings — and the fact that Trump's team has not been subjecting the president-elect's selections to such vetting — was evident on Thursday, when former Florida Rep. Matt Gaetz withdrew as Trump's pick for attorney general following continued scrutiny over a federal sex trafficking investigation that cast doubt on whether he could be confirmed by the Senate. The continued delay on agreeing to start the formal transition process may eventually force senators to vote on Trump's choices without the benefit of the usual background checks. That process is designed to uncover personal problems, criminal histories and other potential red flags that would raise questions about a nominee's suitability for key jobs.