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COP28 climate summit hit its "first major milestone" on November 30, by operationalising the "Loss and Damage" fund. "This fund will support billions of people, lives and livelihoods that are particularly vulnerable to the effects of climate change," COP28 President Dr Sultan Al Jaber said.

Goldman Sachs Head of Oil Research Daan Struyven provides insight on the refinery sector on 'The Claman Countdown.'

Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam.

Bajaj Auto and Hero MotoCorp are steadily gaining market share and asserting their presence in the segment, scaling up both production and distribution for their products, as well as launching new, revamped products. The year-to-date registration figures for electric two-wheelers revealed an encouraging trend, with the average monthly run rate for November standing at 70,700 units, surpassing the FY23 average of 60,500 units.

Walmart to shift its supply chains from China to India, Thailand, and Vietnam. China is Walmart's biggest importer, but the numbers from the country dramatically dropped to just 60% in 2023 from over 80% during the year 2018. "I need resiliency in our supply chains.

Quiver Quantitative — Google (NASDAQ:GOOGL) (GOOG) has recently urged the UK's Competition and Markets Authority (CMA) to investigate Microsoft (NASDAQ:MSFT)'s cloud computing practices, alleging anti-competitive behavior that stifles the market. This request emerges amid broader scrutiny of the cloud computing industry dominated by Microsoft (MSFT) and Amazon (NASDAQ:AMZN) in various global regions, including the UK, European Union, and the United States. Google's push for regulatory intervention was detailed in a letter to the CMA, which Reuters obtained.

Federal Reserve Chair Jerome Powell participates in a fireside chat with Spelman College President.

Gurpatwant Singh Pannun is now at the crux of possible bitterness in ties between India and US, if the former does not tread carefully. US recently charged an Indian man- Nikhil Gupta- with plotting to assassinate Pannun in American soil.

Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future without fossil fuels, saying there was no other way to curb global warming. Speaking a day after COP28 president Sultan Ahmed al-Jaber proposed embracing the continued use of fossil fuels, Guterres said: «We cannot save a burning planet with a fire hose of fossil fuels.» «The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not reduce.

Though the growth rate moderated when compared with the previous few months, in terms of absolute numbers, passenger vehicle wholesales last month were the best-ever for November in the domestic automobile industry. According to industry estimates, about 335,354 cars, sedans and utility vehicles were dispatched from factories to dealerships last month, an increase of 3.9% over 322,600 units sold in the same period last year. Industry numbers were supported by market leaders Maruti Suzuki and Hyundai Motor India which reported a growth of 1.3% (134,158 units) and 3.1% (49,451 units), respectively last month. Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki said, “This is the 11th straight month that the industry has reported best-ever sales for the month. Better availability of vehicles with the easing of the semiconductor shortage helped boost sales in the festive period in the first two weeks of last month.” For the whole month, demand at Maruti Suzuki remained healthy with bookings increasing by 7%, he said.

Guterres on the sidelines of the UN climate summit here and highlighted India's initiatives and progress in achieving climate goals. During the meeting, Modi thanked Guterres for his support during India's G20 Presidency. «Both leaders exchanged views on priorities and concerns of the Global South related to Climate Action, climate finance, technology and reforms of the multilateral governance and financial institutions, including the UN,» a statement by the External Affairs Ministry said in New Delhi.

(Reuters) -First Quantum (NASDAQ:QMCO) Minerals has suspended its current-year production outlook for the Cobre mine in Panama and has initiated international arbitration over a contested contract with the country's government, the miner said on Friday.

Narendra Modi met Israel President Isaac Herzog on the sidelines of COP28 World Climate Action Summit (WCAS) on Friday. The two leaders exchanged views on the ongoing Israel-Hamas conflict, the Ministry of External Affairs (MEA) spokesperson said. PM Modi "emphasized on India’s support for a two state solution" and called for "durable resolution of Israel-Palestine issue".

NEW DELHI : Hindustan Unilever Ltd is splitting its beauty and personal care business into two, one dedicated to beauty and wellbeing and the other to personal care, as it looks to take on younger, mostly digital-focused companies that are challenging the incumbents. With the transition, effective 1 April, HUL’s beauty and personal care business structure will mirror that of parent Unilever, which too has beauty and wellbeing (B&W), and personal care (PC), as separate divisions. HUL’s beauty and personal care division contributed 37% of its revenue in FY23, with brands such as Lifebuoy, Lux, Sunsilk, Clinic Plus, Dove, Lakmé, Pond’s, and Closeup.

Next-generation investors who want to work with a financial advisor are the focus for a new model portfolio offering from Northwestern Mutual.

Mint in an interview. He said the COP process hasn't been as effective on implementation as it has been on pledges and declarations because “business has not been properly engaged in the process". “We've had 27 years of COP, and in the last 27 years, emissions have gone up 50%.

Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30 billion climate fund for global climate solutions that it hopes will lead to $250 billion of investment by the end of the decade. Dubbed ALTERRA, the fund will allocate $25 billion towards climate strategies and $5 billion specifically to incentivise investment flows into the Global South, according to a statement by the COP28 Presidency. In collaboration with global asset managers BlackRock, Brookfield and TPG, ALTERRA has committed $6.5 billion to climate-dedicated funds for global investments, including the Global South, the statement said. ALTERRA was established by Abu Dhabi-based alternate investment manager Lunate, and COP28 Director-General Majid Al Suwaidi will serve as ALTERRA's chief executive officer.

Persistent Systems has appointed four new executives to its top leadership as it aims to scale up its digital business operations after doubling its revenue to cross $1 billion revenue in March 2023. The Pune-based firm has hired former Wells Fargo executive Sumit Arora as Senior Vice President to help the firm set up and drive the Consulting practice.

Rohit Sharma, saying he should lead India at least till the T20 World Cup in June next year. Rohit, who led India to the ODI World Cup final at home, and Virat Kohli have taken a «break» and will miss the white-ball leg of the upcoming South Africa tour, beginning December 10. Talking to reporters, Ganguly said the duo deserved rest so that they come back «fresh» for the hectic calendar ahead.

sugar since the current season began on Oct. 1, down 10.7% year on year, as mills in two key states started operations later than usual, a leading trade body said on Friday. Lower sugar production could lead the world's second-largest producer to refrain from allocating export quotas and support global prices, that are trading near multi-year highs. The start of sugar cane crushing in the western state of Maharashtra and neighbouring Karnataka was delayed to Nov.

Congress leader Rahul Gandhi said on Friday that the party should actively promote women within its organisational structure and set a target to have 50 per cent of women as chief ministers within the next 10 years. Inaugurating 'Utsaah,' a Kerala Mahila Congress convention here, the Wayanad MP said there are numerous women leaders in his party who possess the qualities necessary to become chief ministers. «Earlier, I was discussing what would be a good target for us to try and achieve, and I thought a good target for the Congress party would be that in 10 years from today, 50 per cent of our chief ministers are women.