President Financial News

By David Shepardson

Investing.com -- U.S. stock futures inch lower on Tuesday, pointing to a negative opening for markets as investors return to their desks following the Presidents' Day holiday. Corporate earnings are set to be in the spotlight, with results due out from big-box retailers Walmart (NYSE:WMT) and Home Depot (NYSE:HD). Elsewhere, Capital One and Discover Financial agree to a merger worth more than $35 billion that would create a U.S. credit card titan.

By Scott Murdoch and Lewis Jackson

Investing.com — Capital One Financial (NYSE:COF) has said it will acquire credit card company Discover Financial Services (NYSE:DFS) in an all-stock, $35 billion deal, marking one of this year's largest deals and Capital One's largest deal in its history.

Sandeshkhali (WB), Senior BJP leader Suvendu Adhikari, who arrived in Sandeshkhali in West Bengal's North 24 Parganas district on Tuesday afternoon after getting permission from the Calcutta High Court, described the situation in the strife-torn area as «horrific» and a «clear example of anarchy». Adhikari, along with another BJP MLA Sankar Ghosh, spoke to the locals, including women, who narrated their «spine-chilling» experiences endured at the hands of local TMC leaders, including absconding Shahjahan Sheikh. The BJP leaders were welcomed by locals, including women, after they reached Sandeshkhali by crossing the Kalindi River on a boat from Dhamakhali. «The experiences narrated by the locals are spine-chilling. Their lands have been usurped, and women exploited… and everything happened with the help of the police and the administration. The situation is completely horrific and is a clear example of anarchy prevailing in the area,» he said.

ET had first reported on Tuesday about the senior-level exits at the e-commerce major. Travel booking website Cleartrip’s head Ayyappan R, marketplace and categories leader Amitesh Jha, fintech and payments head Dheeraj A, and growth and retention head Bharath Ram are exiting the firm, Krishnamurthy confirmed to employees.

₹107.80 apiece on BSE. HFCL stock price touched an intraday high of ₹113.25 apiece and a low of ₹107.40.

As Presidents’ Day is celebrated in the United States, it prompts speculation about whether previous leaders of the country would have been interested in Bitcoin (BTC).

Elon Musk has chipped into the online discourse on the United States government's financial package to Ukraine, with recent his posts on self-owned social media site X suggesting that he supports calls for a ceasefire in the Russia-Ukraine war and the allocation of funds towards American infrastructure projects instead. Replying to multiple user opinions on venture capital founder David Sacks' thread on the subject on X, Musk said a peace deal should have been "done a year ago", adding that Russia looks poised to win the war with Ukraine. Also Read | Russia-North Korea ties: Vladimir Putin gifts ‘luxury car’ to Kim Jong Un Responding to an X user who wrote: "It is time for a ceasefire and peace talks between Ukraine and Russia.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50, ended in green for the fifth straight session on Monday, led by gains in pharma, fast-moving consumer goods (FMCG), and consumer durable stocks. During Monday's session, the Nifty 50 touched a fresh all-time high of 22,186.65 before closing 81.55 points, or 0.37%, higher at 22,122.25.

Lula da Silva's comparison of Israel's military campaign in Gaza to the Holocaust has unleashed a diplomatic firestorm, with Brazil recalling its ambassador Monday and Israel declaring Lula «persona non grata.» The row erupted the day before when Lula said the ongoing conflict in the Gaza Strip «isn't a war, it's a genocide,» and compared it to «when Hitler decided to kill the Jews.»

Gold prices edged down in early Asian hours on Tuesday, pressured by a slightly stronger dollar and elevated treasury yields, while traders also awaited for further cues from the minutes of the U.S. Federal Reserve's last meeting.

Russian investigators have yet to determine the official cause of opposition leader Alexei Navalny's death, his spokeswoman said on Monday, after prison authorities said he suddenly dropped dead following a walk in the «Polar Wolf» penal colony. Navalny's death robs Russia's disparate opposition of its most charismatic and courageous leader as President Vladimir Putin prepares for an election that will keep him in power until at least 2030.

Oil prices were little changed in early Asian trading on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. Brent futures ticked down 8 cents to $83.48 a barrel by 0133 GMT. U.S. West Texas Intermediate (WTI) crude for April delivery inched down 10 cents to $78.36 a barrel. The March WTI contract rose 26 cents to $79.45 a barrel as traders prepared for that contract to expire during the day.

yen was pinned near a three-month low against the dollar on Tuesday as sticky U.S. inflation bolstered the case for higher-for-longer interest rates, contrasting with a recession in Japan and market doubts about a near-term exit from its easy policy. In Asia, China's loan prime rate (LPR) decision takes centre stage, where it is widely expected to trim its benchmark mortgage reference rate to shore up the country's faltering economic growth.

SlateStone Wealth chief market strategist Kenny Polcari and 'The Big Money Show' co-host Taylor Riggs discuss whether rising inflation is affecting consumer spending on 'Making Money.'

Madhya Pradesh Congress leaders close to Kamal Nath on Monday sought to put an end to the talks of him joining BJP and said that the senior leader and his parliamentarian son Nakul will stay in the grand-old party. Dismissing the reported BJP negotiations with Nath as unfounded, they said Nath is currently busy planning Congress' Lok Sabha poll plans and upcoming yatra of Rahul Gandhi in Madhya Pradesh. They further said Nath's son would contest again from his Chhindwara Lok Sabha seat on Congress ticket.

ALSO READ: Rahul Gandhi's ‘Nyay Yatra’ to be paused, Congress leader to appear before civil court in Sultanpur on Tuesday Earlier, Amethi used to be a Congress stronghold until 2019 when Rahul Gandhi lost to Irani by a margin of around 55,000 votes in the Lok Sabha elections. The Congress is still undecided on whether Rahul Gandhi will attempt to regain the Congress stronghold, especially since Sonia Gandhi has also left Rae Bareli for the Rajya Sabha.

MOSCOW (Reuters) -Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian market after months of negotiations.

By Natalie Grover

By Doina Chiacu