President Financial News

By Trevor Hunnicutt

Investing.com -- U.S. futures pointed into the red on Monday, with markets gearing up for a week of major economic data that could help determine the path ahead for Federal Reserve interest rate policy. Meanwhile, big-box retailers like Home Depot (NYSE:HD) and Target (NYSE:TGT) are due to unveil their latest results in the coming days, as consumer sentiment darkens ahead of the key holiday shopping season.

Congress on Monday accused the Modi government and the BJP of crushing the dreams and aspirations of India's youth. Congress president Mallikarjun Kharge, while referring to a recent incident in Telangana where a young woman climbed up an electricity pole and tried to convey something to Prime Minister Narendra Modi at a rally, said «Young India is fed up with Modi Government's rank betrayal». Prime Minister Modi had to interrupt his speech at the rally last week after he noticed the young woman climbing a structure on which lights were fixed.

President Biden turns 81 on Nov. 20, and polls show that Democrats are increasingly worried about his mental and physical decline. But the incumbent has another age problem: Donald Trump is running on par with him among young voters.

President of advisory firm The ETF Store, Nate Geraci, thinks that the long-awaited approval for a spot Bitcoin ETF could come this week.

Day trading guide for today: Indian stock market finished on a higher note for sixth straight Muhurat trading session on Diwali 2023. Nifty 50 index gained 100 points and closed at 19,525 levels, BSE Sensex shot up 354 points and finished at 65,259 mark whereas Bank Nifty index ended 176 points higher at 43,996 levels. Small-cap index surged 1.14 per cent while mid-cap index 0.67 per cent.

By Phil Stewart and Suleiman Al-Khalidi

(Reuters) -China is considering resuming purchases of Boeing (NYSE:BA)'s 737 Max aircraft when the U.S. and Chinese presidents meet this week at the APEC summit, Bloomberg News reported on Sunday, citing people familiar with the matter.

dealer groups, representing FMCG, automobile and mobile phone sectors, have come together to seek laws to protect the interests of «nearly 30 million dealers and distributors» who are forced to operate under «one-sided terms and conditions». «We are concerned that companies operate without written agreements or impose one-sided agreements that solely benefit them,» Dhairyashil Patil, national president of All India Consumer Products Distributors Federation (AICPDF), said. «Distributors and dealers invest crores to set up their network, and there have been examples when companies suddenly decide to terminate their association, leaving distributors to bear the brunt of the losses,» he said, speaking for auto and mobile phone sectors as well. There are no existing laws to compensate distributors and dealers in such cases.

Dubai has long lived by the adage that more is more, and this year's edition of the biennial air show stands to fulfill that principle. Emirates, already the world's largest international airline, is poised to kick off the first day of the event with a major aircraft order to renew its widebody fleet. President Tim Clark has publicly declared that he's in the market for more than 100 planes, possibly buying from both Airbus SE and Boeing Co. Now Turkish Airlines is muscling into the event, planning to one-up the local champion with a giant order for about 350 aircraft, according to people familiar with the negotiations.

Oil prices eased on Monday, reversing their rally on Friday, as renewed concerns over waning demand in the United States and China dented market sentiment. Brent crude futures for January were down 35 cents, or 0.4%, at $81.08 a barrel at 0051 GMT, while the U.S. West Texas Intermediate (WTI) crude futures for December were at $76.82, down 35 cents, or 0.5%. Both benchmarks gained nearly 2% last Friday as Iraq voiced support for oil cuts by OPEC+, but lost about 4% for the week, notching their third weekly losses for the first time since May.

Israel-Gaza conflict, the Israeli military supplied 300 litres of fuel to Shifa Hospital for critical medical needs. Here are the top ten key developments in the Israel-Hamas conflict. 1.

Buy or sell stocks for today: Key benchmark indices of the Indian stock market ended higher for sixth straight Muhurat trading session on Sunday. Nifty 50 index gained 100 points and closed at 19,525 levels, BSE Sensex shot up 354 points and finished at 65,259 mark whereas Bank Nifty index ended 176 points higher at 43,996 levels.

A suspected crypto fraudster accompanied South Korean President Yoon Seok-yeol on a state visit to Saudi Arabia last month.

Investing.com — In the coming week U.S. inflation data will be closely watched, along with comments from several Federal Reserve officials, which will help investors shape their views on the future path of interest rates. Retailers are due to report earnings against a background of persistent concerns over inflation and the economic outlook and oil prices look set to remain volatile. Here’s what you need to know to start your week.

Investing.com — This isn’t how the Saudis imagined it would be. There’s also no certainty after this that it’ll play out the way they want it to be.

new Muslim ban. Tariffs on all imported goods and "freedom cities" built on federal land. Much of the 2024 presidential campaign has been dominated by the myriad investigations into former President Donald Trump and the subsequent charges against him.

Narendra Modi on Sunday said that the 'Deepotsav', organised by the Uttar Pradesh government in Ayodhya is «amazing, divine and unforgettable». In a post on X, the Prime Minister also shared some pictures from the celebrations. He further said that the whole country has been «illuminated» with millions of «diyas» (earthen lamps) that were lit in Ayodhya. «The energy emanating from this is spreading new zeal and enthusiasm throughout India. I wish that Lord Shri Ram does welfare of all the countrymen and becomes an inspiration for all my family members.

Israel Defence Forces (IDF) on Sunday alleged that the troops had recovered a copy of 'Mein Kampf,' the autobiography of Adolf Hitler, from a Hamas terrorist base in Gaza. The Arabic translation of the autobiography of the dictator was discovered in a child's bedroom, which was being used as a Hamas terrorist base. Slamming Hamas, the IDF further said the terror group «embraces the ideology of Hitler», the one responsible for the «annihilation» of the Jewish people. «Never again is NOW. IDF forces discovered a copy of Hitler's infamous book „Mein Kampf“--translated into Arabic--in a child's bedroom used as a Hamas terrorist base in Gaza.

Al Jaber on Sunday praised India, the current hosts of the Presidency of the G20, for its energy transition vision even as he acknowledged the critical need for a «new paradigm» in climate finance to ensure every country across global south adopts low carbon development. The UAE and India shared a «vision for embracing an energy transition in line with sustainable socio-economic development,» Al Jaber said at the 'From G20 to COP28' special forum held at Abu Dhabi.

BJP Karnataka President B Y Vijayendra on Sunday said he would «set right» any discordant notes over his appointment in the coming days, and take everyone along. «If there are any minor differences, then my first priority will be to take the party forward with the blessings and guidance of seniors in the party. I will set right any discordant notes in the coming days,» the son of BJP veteran B S Yediyurappa told reporters here.