President Financial News

For roughly two decades, Canadians have been telling Tim Hortons something’s missing from the company’s menu: The dutchie.

A Federal Reserve official said Monday that the market may have misunderstood the central bank's intended message last week after stocks and bonds rallied sharply.

Investing.com — Oil prices soared higher Monday on concerns of disruptions to global supply, particularly to the important Asian market, following mounting attacks by the Houthis on ships in the Red Sea.

After keeping interest rates unchanged last week, the US Fed signaled its intention to begin reducing interest rates next year.

Shokol ke Janai Shonkhalogu Odhikaar Dibosh er Shubhechcha o Obhinondon (Wishing everyone on Minority Rights Day). The poster featured 6 children and the West Bengal Chief minister herself. The children in the image have donned specific religious attire.

The market surged this past week following a confusing Fed meeting that created more questions than answers. The Fed tried to go into damage control on Friday by sending out John |Williams, Raphael Bostic, and Austan Goolsbee. None did much on the surface to improve the situation Jay Powell left behind following the Wednesday press conference.

Investing.com — U.S. stock futures edged higher Monday at the start of the last full trading week before the Christmas holidays, continuing the recent positive tone driven by expectations for Federal Reserve rate cuts next year.

Congress President Mallikarjun Kharge today inaugurated 'Donate for Desh' crowdfunding campaign. The campaign's primary objective is to «empower the party to create an India rich in equal resource distribution and opportunities». Kharge emphasized the unprecedented nature of this fundraising initiative for the Congress, drawing parallels to Mahatma Gandhi's approach during the freedom struggle.

Investing.com -- U.S. stock futures are in the green prior to the beginning of the last full trading week before the Christmas holiday, with investors eyeing the outlook for potential Federal Reserve interest rate cuts next year. Elsewhere, gene-sequencing group Illumina (NASDAQ:ILMN) announces plans to divest blood cancer-test seller Grail following intense antitrust scrutiny and shares in China's SenseTime slip after it announces the death of its founder.

United States Steel Corporation (NYSE:X), commonly known as U.S. Steel, is being acquired by Nippon Steel, the two companies confirmed today.

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The Canadian government is poised to pass rules requiring all new vehicles sold in the country to be zero-emissions by 2035, according to news reports.

Bosch India on Monday announced a realignment of its global mobility segment with Sandeep Nelamangala being given the additional responsibility to steer the business with effect from January 1, 2024. Nelamangala is currently Joint Managing Director of Bosch Ltd and Executive Vice President — sales, Mobility Solutions, Bosch India, the company said in a statement.

20 INDIA Bloc MPs submit notices, seek discussion on Parliament breach today Calling the discussion on Parliament security breach "legitimate", Kharge added, "It's a breach of Parliamentary traditions and conventions that the Minister of Home Affairs can speak about the events of 13 December 2023 at a media function but refuses to say anything about in form of a statement in Parliament when the Parliament itself is in session". Hindus should give up ‘halal’ meat, eat only ‘jhatka’: BJP leader Giriraj Singh Notably, PM Modi recently told a national daily there was a need for a probe into the incident, not a debate. "Efforts should also be made to look for a solution with collective spirit.

TMT rebars in India will continue to grow over the next three to four months, a senior industry executive has said. There is a good demand seen from the construction, housing, and infrastructure segments, where new projects are coming up all over the country, Ashish Anupam, Vice President — Long Products at Tata Steel Ltd, said. Besides, there is consistency in government policies.

Lalu Prasad on Monday bristled at the BJP's assertion that Prime Minister Narendra Modi will return for a third consecutive term, asserting that the INDIA alliance will «drive him out of power». Prasad was approached with queries by journalists at the airport, where he had reached, alongside son and Bihar Deputy Chief Minister Tejashwi Yadav, to board a flight to Delhi for the coalition meeting on Tuesday. The ailing septuagenarian began on an ebullient note, saying he was looking forward to the meeting, where all the alliance partners will sit together and chalk out the strategy for the 2024 Lok Sabha elections.

grocery code of conduct says its launch is being held back by a lack of support from two major grocers.“We’re at an impasse,” said Michael Graydon, CEO of the Food, Health & Consumer Products of Canada association and chairman of the interim board for the code.The board sent a progress report to the federal, territorial and provincial agriculture ministers on Wednesday.“There is a concern that without the full participation of all major grocers, the implementation of the Code would create an unlevel playing field and put affected stakeholders at a competitive disadvantage,” the report reads.Without the support of all major grocers, the interim board said it can’t proceed in implementing the required steps to launch the code.“What we’re faced with now is no consensus and a failure to achieve what industry has told us they would achieve without government intervention. To say this is disappointing would be an understatement,” said federal Agriculture Minister Lawrence MacAulay in an emailed statement on Wednesday evening.The code was always intended to be industry-led, but the industry has “failed to meet the moment,” he said.“We’re actively examining all available federal options _ that includes legislation,” added MacAulay.“I’ve also met with my colleague, (federal Industry Minister Francois-Philippe Champagne), and his provincial and territorial counterparts.

fire-charred decade. In polls of 12 rich countries by Pew, an American think-tank, the share of respondents who said it was a “major threat" rose in every country except South Korea, where it was already high (see chart 1). Clear majorities everywhere bar Israel agreed with this description.

Narendra Modi seems certain to extend his rule to 2029; and Donald Trump could return to the White House despite charges of subverting U.S. democracy. For those who worry that authoritarian rulers are firmly in the ascendant over more liberal democrats, there is likely to be much to fret about in 2024.

Chief Minister Vishnu Deo Sai on Monday said the state cabinet will be expanded soon and it will comprise both old and new faces. He was talking to reporters at the Swami Vivekananda Airport in Raipur after returning from New Delhi. Sai took oath as the state's chief minister on December 13.

Hamas has been the focus of a relentless Israeli onslaught in Gaza but with resilient and diverse finances, it is expected to have a significant war chest at its disposal as the conflict drags on. Israel's Prime Minister Benjamin Netanyahu has vowed to annihilate the Palestinian Islamist movement behind the October 7 attack — the deadliest in the country's history.