President Financial News

The European Union has announced an aid package for Lebanon of 1 billion euros — about $1.06 billion — that will mostly go to strengthening border control to halt the flow of asylum seekers and migrants from the small, crisis-wracked country across the...

Exxon Mobil’s $60 billion deal to buy Pioneer Natural Resources has received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company’s board of directors

Global Citizen NOW says it wants 2024 conference attendees to invest long-term in the African continent's fast-growing youth population and increase outreach to young changemakers

The Greater Toronto and Hamilton Area (GTHA) condo rental market has experienced a significant downturn, marked by the largest six-month decrease in rent prices in the past 15 years.  

train drivers for definite time intervals to have food and respond to the nature's call. The Ministry of Labour has constituted a high-powered committee to work out the modalities «to provide defined time intervals for food and attending calls of the nature while on duty for the Loco Running Staff of the Indian Railway». The initiative is in line with the International Labour Organisation's (ILO) Hours of Work (Industry) Convention, 1919, which has been ratified by India.

RFG has just expanded its reach in the East Coast as it supports the launch of a new wealth practice in North Carolina.

The United States has imposed new sanctions on hundreds of companies and people tied to Russia’s weapons development program, as well as more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties

Thanda, Thanda; Cool, Cool: No fly-by-night operators, but night-riders! Some Lok Sabha campaigners are sweating it out at night on two-wheelers to avoid day's sweltering heat. Amethi MP Smriti Irani, who was seen riding a scooty in her constituency a few days ago, interacted with voters and took selfies with them. On Tuesday, Hyderabad MP Asaduddin Owaisi was seen riding his 'Triumph' for a public meeting in the area. Rangeela Varanasi Lok Sabha election in Varanasi is set to be more colorful this time as mimicry artiste Shyam Rangeela, who imitates Prime Minister Narendra Modi, has announced that he would contest from the constituency and will file his nomination papers soon.

hush money payment at the centre of his criminal trial as extortion, questioning a lawyer involved in the deal about his cash-for-dirt negotiations with other celebrities. Defense attorney Emil Bove's questioning of the lawyer Keith Davidson hinted at a strategy by Trump's legal team to undermine the credibility of prosecution witnesses in the first-ever criminal trial of a former US president. Trump stands accused of falsifying business records to hide a hush money payment to porn star Stormy Daniels shortly before the 2016 presidential election.

China on Thursday said it would take "necessary measures" after the United States announced fresh sanctions aimed at crippling Russia's military and industrial capabilities, punishing companies in China and elsewhere that help Moscow acquire weapons for its war in Ukraine. In a sweeping package announced on Wednesday, the US treasury department targeted nearly 300 entities in Russia, China and other countries accused of supporting President Vladimir Putin's invasion. «The Chinese side urges the US to stop smearing and containing China and stop wantonly implementing illegal and unilateral sanctions,» a foreign ministry spokesman said in a message to AFP.

Rahul Gandhi on Thursday alleged that Prime Minister Narendra Modi 'allowed' sex scandal accused, NDA Hassan candidate Prajwal Revanna, to flee the country and thereafter cancelled all meetings in Karnataka as he was 'afraid'. «In the history of the country, not a single prime minister had sought support from voters for a mass rapist… It is not sex scandal, but a mass rape case. Prajwal had raped 400 women and it is shameful that Modi campaigned for him in Hassan,» Gandhi claimed at a rally in Raichur.

Loblaw’s new chief executive, as well as chairman Galen Weston, pushed back on what they called “misguided criticism” of the grocer as a push to boycott the company gains steam online.

U.S. Bank Wealth Management Senior Vice President Lisa Erickson analyzes stock movements, the job market and potential 'further signs of deterioration.' 

net loss of 629 billion roubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market. The results highlight the dramatic decline of Gazprom, which since the collapse of the Soviet Union has been one of Russia's most powerful companies, often used as a leverage to solve disputes with its neighbours, such as Ukraine and Moldova.

Joe Biden has called two of his QUAD partners — India and Japan — and two of his adversaries — Russia and China — "xenophobic" nations, asserting that none of these countries, unlike the United States, welcome immigrants. «This election is about freedom, America and democracy. That's why I badly need you. You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants,» Biden told his supporters at a fundraiser here on Wednesday evening.

Bank loans to commercial real estate whivh aldo includrs residential construvtion, last fiscal year nearly tripled at 23 percent, excluding the impact of the merger of HDFC with HDFC Bank. Outstanding loans amounted to Rs 3.97 lakh crore. If one includes the merger impact, the loan growth works out 38.9 percent and the outstanding loans as of March 31 works out to Rs 4.48 lakh crore. The real estate sector is growing across segments said property analysts. Top seven property markets in the country registered total sales of 74,486 apartments during the quarter. This marks the second consecutive quarter of sales exceeding 74,000 units after December quarter’s record-breaking 75,591 apartments, showed data from JLL India.

Wipro on May 2 elevated Hari Shetty as its Chief Strategist and Sales Excellence Officer from immediate effect, the company informed in an exchange filing. This is the first CXO-level appointment made by the Bengaluru-headquartered firm after the new CEO Srinivas Pallia who took charge this month on April 6 following the resignation of former CEO Thierry Delaporte.

K-pop report, Min Hee-Jin, the CEO of the Korean agency ADOR, has requested the management to terminate the contracts of the members of the K-pop girl group New Jeans without interference from HYBE. This development comes after Min Heejin had a massive fallout with HYBE after rumours of her trying to take over ADOR went viral online. ADOR, which is a sub-label of the K-Pop giant HYBE, earlier launched an audit of ADOR to hold Heejin accountable. Traditionally, decisions concerning the exclusive contracts of prominent artists are made during shareholders' meetings. Previously, artists like BTS and BLACKPINK have announced the renewal of their exclusive contracts with statements such as «The board meeting approved the renewal of the members' exclusive contracts» and «The board passed a resolution to renew the group's exclusive contract.»

The College for Financial Planning has introduced a Spanish-language edition of its Financial Paraplanner Qualified Professional designation program, aiming to enhance services for Hispanic investors.

Plans have been announced for a strategic partnership that will enhance the U.S. private wealth distribution channel of real assets investment firm The Townsend Group which advises clients with $218 billion in assets.

Vedanta Ltd has decided to endorse the demerger of the group’s flagship, ending a nearly seven-month deadlock, confirmed two persons directly aware of the development. The delay had been over the proposed allocation of $7 billion worth of debt owed to Vedanta's creditors in India, including State Bank of India and Bank of Baroda.