President Financial News

West Bengal immerses itself in Durga Puja festivities, rivals TMC and BJP are using the occasion to bolster their political influence ahead of the 2024 Lok Sabha elections. The two parties are engaging with the public and emphasising on religion as a narrative in Bengal's electoral landscape. Both the parties look at the annual puja extravaganza as a chance to reach out to the people and have developed comprehensive strategies to convey their messages during it.

U.S. President Joe Biden made the case directly to the American people Thursday that the country has a “vital” national security obligation to help Israel and Ukraine, which will require billions of dollars of military aid.

By Saqib Iqbal Ahmed

Investing.com — U.S. Treasury yields soar to the highest levels since the financial crisis after a speech by Fed chair Jerome Powell, dragging stocks lower. Crude rises as the U.S. looks to refill its strategic reserves, while U.K. retail sales slumped in September.

Hamas organisation have behaved like 'animals' and emphasised that his country will target Hamas like 'human animals' during and after the war. «You don't need justification to fight against an organization like Hamas that have behaved like animals hunting other animals. It's not going to be to be stopped and we are not going to take it as something that was done, and that's it.

Bhartiya Janta Party (BJP) members have arrived at party national president JP Nadda's residence on Friday. Media reports on Thursday had said that Central Election Committee meeting would be held today to discuss strategy for the upcoming elections in Rajasthan, Madhya Pradesh and Telangana.

Joe Biden said on Friday that both Russian President Vladimir Putin and Hamas wanted to completely «annihilate» their neighbouring democracies. «We've not forgotten the mass graves, the bodies found bearing signs of torture, rape used as a weapon by the Russians, and thousands and thousands of Ukrainian children forcibly taken into Russia, stolen from their parents. It's sick.

PTI. Google will partner with international contract manufacturers to make phones in India said Senior Vice President for Devices and Services Rick Osterloh.

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices

Gold rate today: On account of dip in the US dollar after US Fed chairman Jerome Powerll hinting rate pause, gold price today ascended to fice month high on Multi Commodity Exchange (MCX). MCX gold rate for December 2023 expirty today opened higher at ₹60,401 per 10 gm levels and went on to hit intraday high of ₹60,615 levels. In international market, sport fold price is oscillating around $1,976 per ounce levels, close to its nearest hurdle of $1,980 levels.

European Union will host leaders of some 20 countries next week to boost its global infrastructure plan aimed at competing with China in strategic regions, according to people familiar with the matter. The summit will come a week after China gathered representatives of more than 130 countries to celebrate the 10th anniversary of its own global investment plan, the Belt and Road Initiative. Heads of state or government who will attend the EU’s Global Gateway Forum on Oct.

Israel-Hamas War LIVE Updates Also read: Day 14 Israel-Hamas War: Israel bombs historic church in Gaza | 10 updates "Israel's credit profile has proven resilient to terrorist attacks and military conflict in the past," it said. "However, the severity of the current military conflict raises the possibility of longer lasting and material credit impact," it added.

Humanitarian donations to conflict-ravaged Haiti have dramatically declined since the assassination of its President Jovenel Moïse in 2021

CSX reported a 24% drop in the railroad's third-quarter profit Thursday as it hauled 2% less freight

San Francisco business leaders launched a new $4 million marketing campaign ahead of a global economic summit expected to bring tens of thousands of visitors to the embattled city

Film and TV actors are still on strike in what has become the longest walk-off in their history

Israel-Hamas war news: Israel's carpet bombing of Gaza in retaliation the the 7 October Hamas attack continues even as almost 3,000 people have lost their lives in one of the most densely populated areas in the world. Israel is also witnessing a flurry of visits from Western leaders, including US President Joe Biden and UK Prime Minister Rishi Sunak, in a bid to prevent the war between Israel's Benjamin Netanyahu and Hamas fighters from Gaza from escalating.

Gold prices hit a three-month peak on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the Federal Reserve may be done with rate hikes. FUNDAMENTALS * Spot gold was steady at $1,973.99 per ounce by 0132 GMT, after hitting its highest since July 20. U.S.

U.S. stocks ended lower on Thursday, with shares of Tesla down sharply and Treasury yields surging after Federal Reserve Chair Jerome Powell spoke about monetary policy and investors worried whether rates would stay higher for longer. Tesla shares dropped a day after the carmaker missed Wall Street expectations on third-quarter gross margin, profit and revenue, and its CEO Elon Musk said he was concerned about high interest rates affecting demand. Treasury yields rose further and the benchmark 10-year note yield was at a 16-year high of almost 5%. «The 10-year looks like it's establishing a new higher trend, which… is putting pressure on equities, at least in the short term,» said Oliver Pursche, senior vice president, advisor for Wealthspire Advisors in Westport, Connecticut. «Markets were hoping that Jay Powell would indicate that the Fed is going to pause in its interest rate hikes, and he effectively hinted at the idea that they're going to have to raise again if they continue to have elevated concerns over inflation.» Powell said at the Economic Club in New York that U.S.

Biden on Thursday asked Americans to spend billions more dollars to help Israel fight Hamas while Israel's defence chief told his troops to be ready to go into the Gaza Strip to destroy the Palestinian militant group. In a televised White House speech late on Thursday that also addressed Ukraine's effort to repel Russia's invasion, Biden said Hamas sought to «annihilate» Israel's democracy. The president, who made an eight-hour visit to Israel on Wednesday, also stressed the urgency of getting relief to Palestinian civilians in Gaza who lack food, water and medicine. «We can't ignore the humanity of innocent Palestinians who only want to live in peace and have opportunity,» he said. Biden said he would ask Congress on Friday to approve extra funding for Israel.

US Navy ship in the Red Sea on Thursday shot down missiles and drones that had been fired by Iran-backed Huthi rebels in Yemen, possibly at Israel, the Pentagon said. Three «land-attack cruise missiles and several drones» were intercepted by a destroyer, Pentagon spokesman Brigadier General Pat Ryder told reporters.