President Financial News

Taiwan, with over nineteen million people, of which one million are first-time voters, registered to cast their ballots across almost 18,000 polling stations in the island country. The voters will receive three ballots -- a presidential ballot, a regional or aboriginal legislator ballot, and a ballot for a political party that will determine legislator-at-large seats. Taiwanese voters will be choosing a successor to Tsai Ing-wen, the nation's first female president, who cannot seek re-election due to term limits after winning in 2016 and 2020.

Taiwan is holding a presidential election on Saturday that neighboring China has warned could mean the difference between peace and war on the island, which Beijing claims as its territory even though Taiwan has governed itself for nearly three-quarters of a century. The election is believed to be a close race between the candidate of the incumbent party that Beijing has described as independence-minded and the candidate of the main opposition party, which is seen as standing for warmer ties with the mainland.

By Nandita Bose and Trevor Hunnicutt

NFL does not have any plans to get the world rid of a snow game yet. The league dismissed a rumor sourcing from a radio station in Pittsburgh that Pittsburgh Steelers-Buffalo Bills wild card playoff game on Sunday could be transferred to Cleveland because of weather conditions. For Erie County which is Bills' Highmark Stadium's home in Orchard Park, NY, a winter storm watch is in operation. There is a probability of seven or greater inches of snow as well as heavy winds as per WGRZ.com.

Hedge fund billionaire Bill Ackman, who recently fought a high-profile battle against Harvard University, said Friday that he's starting an activist organization to fight antisemitism and reform higher education.

LONDON (Reuters) — Anheuser-Busch InBev will be an official sponsor for three Olympic Games starting with the Paris 2024 summer event this year, the brewer said on Friday, naming its alcohol-free Corona Cero as the official beer of the Games.

Ram Mandir event. The decision led to a major political controversy as the BJP accused Congress of being anti-Hindu. Assam Chief Minister Himanta Biswa Sarma said that they should not have been invited in the first place.

By Alexandra Valencia

President Vladimir Putin warned on Friday that Moscow would regard any move by Britain to deploy a military contingent to Ukraine as a declaration of war against Russia. Former Russian President Dmitry Medvedev, now deputy chairman of Russia's Security Council, made the comments in response to a visit by British Prime Minister Rishi Sunak to Kyiv to announce an increase in military funding to help Ukraine purchase new military drones. «I hope that our eternal enemies — the arrogant British — understand that deploying an official military contingent to Ukraine would be a declaration of war against our country,» Medvedev wrote on the Telegram messaging app. Medvedev, whose frequent and harsh public statements diplomats say give an indication of hawkish thinking at the top of the Kremlin, also asked how the Western public would feel if Sunak's delegation came under fire from cluster munitions in the centre of Kyiv, something he said had recently happened to Russian civilians in the city of Belgorod. Belgorod, in southern Russia, is located close to the Ukrainian border and has been targeted by Ukrainian rockets and drones in recent months. In the incident referred to by Medvedev on Dec.

Netflix is making a new show "Ransom Canyon". The OTT streaming platform has called the show as 'Yellowstone' meeting «Virgin River». The show will be based on an eponymous novel written by New York Times bestseller author Jodi Thomas. According to reports, there will be 10 episodes to begin with. All episodes will be 60-minutes each.

Congress president Mallikarjun Kharge on Friday said anyone having faith in Lord Ram can visit the Ayodhya temple any day and added the BJP was attacking his party over the decision to decline the invite to the January 22 consecration ceremony as part of «a conspiracy». The Congress has never hurt any religion or guru, he said, adding it will not fall for the BJP's diversionary tactic and will continue to raise people's issues such as inflation and unemployment. Kharge and top Congress leaders Sonia Gandhi and Adhir Ranjan Chowdhury have «respectfully declined» the invitation to attend the Ram temple consecration ceremony on January 22, accusing the BJP and the RSS of making it a «political project» for electoral gain.

Mexico, and Brazil. Appreciating the development, Roland Landers, CEO of All India Gaming Federation (AIGF), said, “This decision will help with responsible innovation and provide a bouquet of choices to the Indian consumer.

Former Reagan economist Art Laffer discusses inflation, recession concerns and the impact of the election on the economy.

Shashi Tharoor on Friday highlighted a speech made two decades ago by Sonia Gandhi at the Ramakrishna Mission, emphasising how Hindu liberal thoughts contributed to India's secular identity. The Thiruvananthapuram MP's move came a day after the BJP criticised the grand old party's decision to decline the invitation to its three top leaders to attend the Ram temple consecration ceremony in Ayodhya, claiming it exposed the party's inherent opposition to India's culture and Hindu religion.

Vedanta Resources to SD, or selective default, calling the company’s recent bond restructuring exercise as a distressed transaction. This is the second downgrade for the company this week after Moody’s downgraded its corporate family rating to Caa3 from Caa2. "We view Vedanta Resources' just concluded liability management exercise, which involved three of its US dollar-denominated bonds, as a distressed transaction," S&P analysts noted.

Bharat Jodo Nyay Yatra. We had also announced that the Yatra will start from Imphal, and culminate in Mumbai," Congress's Manipur president Keisham Meghachandra said. "We met Chief Minister N Biren Singh in this regard on January 10 but were told that the permission will not be given.

bank loan fraud linked money laundering case against erstwhile Bhushan Steel Ltd (BSL), official sources said Friday. Those taken into custody on Thursday are Pankaj Kumar Tiwari, the former vice president banking of the company, former VP accounts Pankaj Kumar Agarwal, ex-chief financial officer Nitin Johri, Ajay Mittal, the brother-in-law of former promoter Neeraj Singal, and Ajay Mittal's wife and sister of Neeraj Singal, Archana Mittal.

Houthi military positions in Yemen Thursday night in a massive “direct response” to escalating attacks on vessels in the Red Sea, U.S. President Joe Biden confirmed.The move marks a dramatic escalation of a simmering regional conflict in the Middle East sparked by Hamas’ deadly attack on Israel last October and Israel’s responsive offensive on Gaza.Canada joined Australia, Bahrain and the Netherlands in providing support for the strikes, but the extent of that support was not immediately clear.“These targeted strikes are a clear message that the United States and our partners will not tolerate attacks on our personnel or allow hostile actors to imperil freedom of navigation in one of the world’s most critical commercial routes,” Biden said in a statement provided by the White House.“I will not hesitate to direct further measures to protect our people and the free flow of international commerce as necessary.”The strikes targeted Houthi-connected facilities storing the rebel group’s combat drones and ballistic and anti-ship missiles, as well as air defence systems and logistical hubs in Yemen, U.S.

By Stella Qiu

exported over 5m cars in 2023, exceeding the Japanese total. China’s biggest carmaker, BYD, sold 0.5m electric vehicles (EVs) in the fourth quarter, leaving Tesla in the dust. Chinese EVs are so snazzy, whizzy and—most important—cheap that the constraint on their export today is the scarcity of vessels for shipping them.

Yemen over recent attacks on Red Sea shipping were «necessary and proportionate», UK Prime Minister Rishi Sunak said. «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea,» Sunak said in a statement. «We have therefore taken limited, necessary and proportionate action in self-defence, alongside the United States… to degrade Houthi military capabilities and protect global shipping,» he said. Sunak's statement followed comments by US President Joe Biden about the strikes carried out against the Houthis, who control wide areas of Yemen. Biden described the joint strikes as «defensive» and warned of further measures if the Iran-backed rebels kept attacking Red Sea shipping. He said Australia, Bahrain, Canada and the Netherlands had also provided non-operational support. The Houthis have stepped up attacks in recent weeks on shipping in the Red Sea, a vital waterway through which 12 percent of world trade flows. Houthi television channel Al-Massirah said the air strikes hit the capital Sanaa as well as the cities of Hodeida and Saada. US and British forces this week shot down 18 drones and three missiles fired by Houthi rebels in the Red Sea in what Washington called a «complex Iranian-designed» attack. UK Defence Secretary Grant Shapps said on social media platform X that four Royal Air Force Typhoon fighter jets had taken part in Friday's strikes against Houthi targets alongside US forces. Sunak described the Houthis' actions as «irresponsible» and «destabilising» and said their attacks were «driving up commodity prices». «This cannot stand.