President Financial News
09.11 / 19:05
President
'I don't remember': Ivanka testifies in father's New York fraud trial, Donald Trump's lawyers mount bid to toss lawsuit
Trump decries political motivation in cases, judge says 'control him or...' The New York civil fraud trial is one of six that the former president is facing amid his bid to return to the White House. The suit was filed last year by New York Attorney General Letitia James and accuses the former president and his real estate company of lying about the value of his assets.
09.11 / 19:01
Reuters
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Janet Yellen warns that decoupling from China would be 'economically disastrous'
Former Deputy Assistant Treasury Secretary Christine McDaniel discusses Janet Yellen's trip to China, the Biden administration's 'Bidenomics' tour and the UPS, Teamster labor talks.
09.11 / 18:31
Digital
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UN convenes AI High-level Advisory Body for Global Governance
The United Nations Secretary-General is spearheading a multi-stakeholder High-level Advisory Body on Artificial Intelligence (AI). The initiative aims to harness AI's potential for humanity while addressing its accompanying risks and uncertainties as AI technologies proliferate internationally. The comprehensive approach seeks to foster a globally inclusive ethos by analyzing and advancing recommendations for AI's international governance.
09.11 / 17:59
09.11 / 17:45
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Strategy
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travelers
Schengen-like visas for Gulf nations? Check out new unified tourist visa policy for UAE, Qatar, Oman, others
Gulf countries with one visa, just like Schengen countries! In a bid to simplify travel logistics and boost tourism, the Gulf Cooperation Council (GCC) countries have recently approved a unified tourist visa that will allow people to travel across member states such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. This was announced by GCC President Sayyed Hamoud bin Faisal Al Busaidi during the 40th meeting of the Interior Ministers.
09.11 / 17:45
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US claims Israel agreed to 4-hour daily pauses in Gaza; Netanyahu yet to confirm
President Joe Biden pressed Israelis for a multi-day stoppage in the fighting in a bid to release hostages held by the militant group. Biden said Thursday that there was “no possibility" of a formal cease-fire at the moment, and said it had “taken a little longer" than he hoped for Israel to agree to the humanitarian pauses.
09.11 / 17:37
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Key Takeaways From The Republican Debate in Miami
Miami, where Donald Trump's absence and the dynamics between the contenders took center stage. The event highlighted a notable focus on internal party dynamics, election losses, the abortion dilemma, and confrontations among candidates.
09.11 / 17:37
Entertainment
economy
President
performer
bass
SAG-AFTRA: Here is what President Biden said about the deal
SAG-AFTRA) and the Alliance of Motion Picture and Television Producers (AMPTP). In a statement issued on Thursday, Biden commended the collaboration, highlighting its role in ensuring the continuous narration of American stories. President Biden acknowledged the power of collective bargaining, stating, «When both sides come to the table to negotiate in earnest, they can make businesses stronger and allow workers to secure pay and benefits that help them raise families and retire with dignity.» Biden emphasized the historic victories achieved by workers in the last three years, securing record pay, benefits, and contributing to a thriving economy.
09.11 / 17:37
Digital
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WhatsApp
President
Tech body slams telcos for enterprise messaging stance
Broadband India Forum (BIF), a lobby for tech companies, has slammed the telcos’ stand against the use of OTT platforms such as WhatsApp, for enterprise communications, saying operators are only trying to thrust a technologically inferior and user-unfriendly product like SMS through regulatory/administrative intervention. The Broadband India Forum (BIF) said the SMS route is often unreliable due to lapses in network coverage, which is why telco customers prefer app-based messaging platforms like WhatsApp over SMS. “The telcos’ action is analogous to insisting on transportation by bullock cart when modern and more affordable automotive transportation is available and permitted,” T V Ramachandran, president, BIF, told ET. The tech forum counts Amazon, Meta (which owns WhatsApp), Microsoft, Intel, Qualcomm, and Google among its key members. The BIF president added that WhatsApp and Telegram are perfectly legal and permissible products and it’s absurd to allege that some corporates are circumventing and bypassing the legal telecom route by using apps. The popularity of OTT communication platforms among users, he said, is the result of better experience.
09.11 / 17:26
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Foreign buyer ban was expected to impact 2% of home purchases, CMHC docs show
Canada’s ban on non-residents buying property was only expected to affect around two per cent of home purchases each year, according to discussions within the national housing agency ahead of its implementation.
09.11 / 16:43
09.11 / 16:43
Fighting
Nov
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US Senate Democrats tee up bill to avert government shutdown
WASHINGTON (Reuters) — U.S. Senate Majority Leader Chuck Schumer on Thursday took a procedural step to allow the Democratic-majority chamber to pass a stopgap government funding bill before a Nov. 17 deadline to avert a partial government shutdown.
09.11 / 16:17
Provident
President
Coal mines will add 6% to margins: JSPL
₹4,917 crore, a fall of 3.76% YoY (Year-on-Year). The company secured three new non-coking coal mines last fiscal (Utkal B1, B2, and C in Odisha, Gare Palma IV/6 in Chhattisgarh), which are set to commence operations early.
09.11 / 16:17
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MF investors buy small, midcaps in Oct; SIP flows near 17K cr
₹16,927.86 crore in October, up 5.5% from the previous month, data from the Association of Mutual Funds in India (AMFI) showed. Small-cap funds witnessed net inflows of ₹4,495.13 crore in October, up 67.8% from a month ago and mid-cap funds attracted net investment of ₹2,408.9 crore, up from ₹2,000.88 crore in September. At ₹723.81 crore large cap funds witnessed inflows for the first time since April.
09.11 / 16:11
Digital
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SEC Chair Indicates FTX Revival, FTT Rallies
U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally.
09.11 / 14:21
Entertainment
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Futures mixed as markets await more policy cues
By Amruta Khandekar and Shristi Achar A
09.11 / 14:17
Man
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‘Jitan Ram Manjhi became Bihar CM because of my foolishness’: Nitish Kumar amid caste census row
kripa). “This man has always been wanting to remain in your company. When I dumped you a year ago, I had asked him to stay put, but he insisted that he wanted to come with me.
09.11 / 14:17
Strategy
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From deflation to high debt burden: Here's 5 things happening in Chinese economy
President Xi Jinping mulls over rare policy changes like increasing the budget deficit which was increased to its most substantial scale in three decades. The country introduced a sovereign debt package that signaled a departure from its conventional fiscal support framework. 1.
09.11 / 14:09
Target
Landmark
Apple
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2020
Apple risks $14 billion tax bill in setback at top EU court
Apple Inc. risks having to pay a €13 billion ($14 billion) tax bill to Ireland after an adviser to the European Union’s top court said the iPhone maker’s victory in an earlier challenge should be thrown out.
09.11 / 14:09
09.11 / 13:57
Expedia
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travelers
The ‘dupe’ trend hit travel in 2023. It's a good way to save on your next trip, experts say
Travel was expensive and busy in 2023, leading jetsetters to seek out cheaper, less-trodden alternatives to popular hot spots. It's a great way to save money on trips heading into 2024, according to experts.
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