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scrap metal shipments from the European Union as it seeks to reduce industrial emissions may make it harder for India to grow its steel sector. Countries are recycling more scrap domestically to reduce the use of pollutive feedstocks like iron ore in the steel-making process. For India, which is scrap deficient due to a relatively small consumer base, imports are key to its target of doubling steel production capacity to 300 million tons by the end of the decade. Producers are following policy developments such as the EU’s update of its waste shipment rules, which came after China tightened scrap metal exports.

“For the next Samvat, I think we should return back to a regime where there will be a preference for quality/cash cows which have underperformed,” says Shiv Sehgal, President and head,Nuvama Capital Markets. In an interview with ETMarkets, Sehgal said: “I think to spot gems in a falling market, one should follow a sound bottoms up framework of stock picking” Edited excerpts: We have seen more than 6% correction from the highs in both Sensex and Nifty. What is fueling the fall – is it the combination of the rise in US Yields and geopolitical concerns? The Nifty50 and Indian equities have been outliers amongst the global equity bourses. It is perhaps the only index in the world that has hit fresh highs in 2023.

Brookfield Asset Management is cashed up and hunting big-ticket infrastructure debt deals down under.

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(Reuters) — Leaders of the United Auto Workers union on Thursday agreed to send a tentative contract agreement with Chrysler-parent Stellantis (NYSE:STLA) to members for a ratification vote, a source told Reuters.

By Jack Queen

Toronto’s home prices fell at the fastest pace in more than a year as the high interest rates that have pressured the market show little sign of easing.

Panama's government has nearly approved a new bill revoking a controversial mining contract

Rwanda announced Thursday that it will allow all Africans to travel visa-free to the country, becoming the latest nation on the continent to announce such a measure aimed at boosting free movement of people

The reduction of is part of a broader corporate review, the company says.

The state of Pennsylvania will work with a major natural gas producer to collect in-depth data on air emissions and water quality at well sites, enhance public disclosure of drilling chemicals and expand buffer zones

Members at the Michigan Assembly Plant voted 81% in favor of the deal.

Crews began the arduous process of removing layers of rubble and debris from a collapsed coal mine preparation plant in eastern Kentucky Thursday

Cedar Fair and Six Flags are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries

A New York jury has begun deliberating whether FTX founder Sam Bankman-Fried was guilty of fraud in the disappearance of billions of dollars from his customers' accounts on the cryptocurrency exchange

The National Retail Federation, the nation’s largest retail trade group, expect shoppers will spend more this year than last year, but their pace will slow given all the economic uncertainty

Treasury Secretary Janet Yellen says Washington wants to build an economic relationship with Beijing that takes into account national security and human rights and is fair to both sides

President Joe Biden is trying to increase trade with Latin America

Zoram People's Movement (ZPM) has said that it will maintain distance from the two national parties — Congress and BJP. ZPM — second largest party in the state — is hoping to make it big in the November 7 polls to be held for the 40-member assembly. Showing confidence, 74-year-old ZPM president Lalduhoma, a police officer-turned-politician, told ET, «We are heading for a landslide victory.» Attacking the ruling Mizo National Front (MNF), he accused the party of having two faces, one in New Delhi and one in Mizoram. «MNF is part and parcel of the NDA and Northeast Democratic Alliance (NEDA).

US Supreme Court on Wednesday, the dispute over the trademark of the phrase «Trump too small» took center stage, raising crucial questions about the interplay between trademark rights and the freedom of expression. The case, unrelated to former President Donald Trump but fundamentally tied to issues of intellectual property and the First Amendment, revolves around California attorney Steve Elster's endeavor to register the suggestive slogan for T-shirts. While Donald Trump is not a party to this legal battle, the case delves into the limitations of trademark law and the implications for constitutional rights. The case initiated with Elster's application to trademark and produce T-shirts featuring the phrase «Trump too small.» However, his registration was denied by the US Patent and Trademark Office owing to the absence of any explicit written consent from Donald Trump to use his name within the trademark.

BJP and Congress are finding it tougher to sail through on a few seats in Chhatarpur district with the presence of rebels and smaller parties. In 2018, Chhatarpur was the only district where BJP performed badly in Bundelkhand. Out of six seats, four went to Congress and one each was won by BJP and Samajwadi Party.