President Financial News
11.06 / 16:28
COST
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inflation data
Inflation data this week could help determine Fed's timetable for rate cuts
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts
11.06 / 16:27
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Zelenskyy appeals for help with Ukraine's energy network as recovery conference opens
Ukrainian President Volodymyr Zelenskyy has appealed for short-term help in repairing his country’s electricity network and long-term investment in its energy system
11.06 / 16:27
COST
UPS
Waters
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In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation
Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated
11.06 / 16:27
economy
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Kosmos
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Production starts at Senegal's first offshore oil project
Production has started at Senegal's first offshore oil project
11.06 / 16:27
markets
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A brew of ancient coca is Bolivia's buzzy new beer. But it's unclear if the world will buy in
Buzz is building around a new star beverage in Bolivia, where the coca leaf has long been legal despite the U.N.’s blanket prohibition due to the plant’s association with cocaine
11.06 / 16:27
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Federal watchdog investigates UAW president Shawn Fain, accuses union of being uncooperative
United Auto Workers president Shawn Fain is under investigation by a court-appointed watchdog who has been working to stamp out corruption at the union in wake of its stunning bribery and embezzlement scandal several years ago
11.06 / 16:01
Progressive
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Odisha's first female Deputy CM is High Court lawyer Pravati Parida. 5 points
Pravati Parida is poised to assume the mantle as the state's first female deputy chief minister.Rajnath Singh said in an X post, "Delighted to announce that Shri Mohan Charan Majhi has been elected unanimously as the leader of Odisha BJP Legislature Party. He is a young and dynamic party karyakarta who will take the state forward on road to progress and prosperity as the new Chief Minister of Odisha. Many congratulations to him."Pravati Parida, securing victory by 4588 votes from Nimapara, triumphed over BJD leader Dilip Kumar Nayak to become one of the deputy chief ministers.
11.06 / 16:01
Parke
President
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N Chandrababu Naidu to take oath as Andhra Pradesh CM tomorrow: Check timing, expected guests and more
Andhra Pradesh Governor S Abdul Nazeer on Tuesday and staked the claim to form the next government in the state. "All MLAs of the BJP, Janasena, and TDP have given their consent for me to become Andhra Pradesh's upcoming Chief Minister of the NDA government," Naidu had said after the meeting of NDA legislators.N Chandrababu Naidu's comeback is dramatic in the sense that he spent two months in jail last year in the alleged corruption case related to the diversion of money meant to train unemployed youth.N Chandrababu Naidu will be sworn in as the chief minister of Andhra Pradesh at sharp 11:27 AM on June 12.
11.06 / 15:19
11.06 / 13:53
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UCC part of our agenda: Meghwal
Arjun Ram Meghwal on Tuesday said the implementation of a uniform civil code was part of the government's agenda. He also said a solution will be found on the issue of memorandum of procedure — a set of documents on the appointment, elevation and transfer of high court and Supreme Court judges — pending finalisation.
11.06 / 13:11
Citi
security
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BJP MLA Mohan Charan Majhi made new Chief Minister of Odisha; KV Singh Deo, Pravati Parida declared deputy CMs
Rajnath Singh on Tuesday in Odisha's capital city Bhubaneswar. Apart from Rajnath Singh, Union minister Bhupender Yadav attended the meeting as observer.The announcement comes a week after the BJP stormed to power in the state on its own for the first time by winning 78 out of 147 seats.
11.06 / 09:53
Digital
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ECB’s Lagarde Discusses Digital Euro Launch Before Her Term Ends in 2027
European Central Bank (ECB) President Christine Lagarde has hinted that a digital euro could be available to Europeans before her term ends in 2027. Still, she acknowledged achieving this would require a faster-than-anticipated rollout.
11.06 / 09:29
Google
Apple
Software
Gemini
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After ChatGPT, is Gemini coming to iPhones next? Top Apple Executive says ‘look forward to integrating…’
WWDC 2024: Apple Intelligence, ChatGPT in Siri, iOS18 and other major announcementsAhead of this year's WWDC, many reports had suggested that Apple was trying to iron out a deal with Google for bringing Gemini's generative AI features to iPhones. However, it seems like OpenAI beat its rival to the punch and Apple finally decided to use ChatGPT for improving many AI features in iOS 18.Apple's Senior Vice President of Software Engineering Craig Federighi has now revealed that the tech giant may also look to bring Google's Gemini AI models to iPhones in the future.
11.06 / 08:11
President
Diversity
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International
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FIH
India to host Junior Hockey World Cup in 2025
India will host next year's men's Junior Hockey World Cup, the Executive Board of the International Hockey Federation announced on Tuesday. The tournament will be held in December and it will be the first time ever that a Hockey Junior World Cup will include as many as 24 teams.
11.06 / 07:59
security
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Updates
politician
Modi 3.0 Cabinet: Who will be the next Lok Sabha Speaker? Explained in 6 key points
Bharatiya Janata Party (BJP) fell short of the 272-seat majority in the Lok Sabha and hence had to rely on its allies in the National Democratic Alliance (NDA) to form the government. So, the saffron party will also need to get its allies – Chandrababu Naidu’s TDP and Nitish Kumar’s JD-U in particular- on board to take a decision on the Speaker's post.Follow Live Updates on Modi 3.0 Cabinet HereMany reports have claimed that both the TDP and the JD-U, the two kingmakers with 28 Lok Sabha seats – eyed the key position.
11.06 / 04:03
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film
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Marjorie Taylor Greene compares Trump to Jesus, provoking backlash
Republican congresswoman Marjorie Taylor Greene compared former president Donald Trump to Jesus over the weekend, leaving some in America’s political ecosphere scratching their heads over the comparison, baffled as to how she sees Trump, now a convicted felon, as Christ-like.
11.06 / 03:09
markets
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Reuters
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Oil prices extend rally on potential U.S. crude purchase for reserve
Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firmer dollar. Brent crude futures climbed 28 cents, or 0.3%, to $81.91 per barrel by 0038 GMT and U.S. West Texas Intermediate crude futures rose 31 cents, or 0.4%, to $78.05.
11.06 / 03:09
Reuters
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Dollar firm ahead of key inflation test, Fed forecast update
dollar hovered near a one-month peak against the euro and pushed to a one-week high versus the yen on Tuesday as traders braced for crucial U.S. inflation data and fresh Federal Reserve interest rate forecasts the following day. The U.S. currency was supported by higher Treasury yields in the aftermath of surprisingly robust domestic jobs data at the end of last week, which sparked a dramatic paring of bets for Fed rate cuts this year.
11.06 / 03:09
markets
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economy
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MSCI
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Global stock index rises slightly while euro falls, yields up
MSCI'S global equities index edged higher on Monday while investors waited for key U.S. inflation data and central bank policy meetings but the euro fell after French President Emmanuel Macron called a snap election. U.S. Treasury yields rose as investors digested Friday's labor market data and looked toward consumer price data and a Federal Reserve policy announcement this week. Investors are also waiting on Bank of Japan policy news.
11.06 / 00:51
10.06 / 23:15
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