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Investing.com — Stocks were rising on Monday after hawkish remarks from Federal Reserve Chair Jerome Powell last week and as investors awaited key economic reports due this week, including the jobs report for August on Friday.

Exxon Mobil sees the world failing to reduce emissions fast enough to limit global warming to 2C (3.6F) above pre-industrial norms by 2050 due to soaring economic growth, particularly in developing countries.

Commerce Secretary Gina Raimondo says she and her Chinese counterpart agreed to exchange information on U.S. export controls that irk Beijing and set up a group to discuss other commercial issues

Terry Gou, the founder of Apple supplier Foxconn, plans to run as an independent in Taiwan's presidential election next year, ending months of speculation

3M and plaintiffs attorneys are nearing a settlement that would resolve hundreds of thousands of claims by veterans that earplugs made by the company and a subsidiary failed to protect them from hearing loss. Under the terms being discussed, 3M would pay about $5.5 billion, people close to the discussions said. Negotiations are continuing, they said, and the final amount hasn’t been established yet.

NEW DELHI : Indian Medical Association (IMA) president Dr Sharad Agarwal has raised concerns over the quality of generic medicine made in India. In an interview, he also raised concerns on restrictions placed on doctors attending medical conferences, saying educational conferences are only a discussion forum about advancements in medicine. His remarks come amid a controversy on a National Medical Commission (NMC) regulations, now put on hold by the health ministry.

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Despite a challenging year for the sector, Circle CEO Jeremy Allaire remains optimistic about the potential for growth and transformation in digital assets over the coming years – including on the regulatory front.

Putin held a telephone conversation with Prime Minister Narendra Modi on Monday. The two leaders reviewed progress on a number of issues of bilateral cooperation and exchanged views on regional and global issues of mutual concern, including space cooperation and an upcoming summit of the G20, the PMO said in a statement released on the same. President Putin also conveyed his inability to attend the G20 Summit in New Delhi on September 9–10, 2023, and informed that Russia would be represented by the Foreign Minister of the Russian Federation, Sergey Lavrov, the PMO further said. The two leaders took part in a summit of the BRICS group of emerging economies in South Africa last week, Modi in person and Putin by video link. Last week on Saturday, the Press Secretary to the Russian President Dmitry Peskov had informed the Russian media that President Vladimir Putin will not participate in the G20 leaders’ summit to be held in New Delhi. These developments are in line with other recent international summits held after the beginning of the Ukraine crisis in February 2022, where Putin has remained absent. The International Criminal Court (ICC) had earlier in March issued an arrest warrant for Putin and another Russian official.

Florida's coastline as a hurricane, depositing as much as 18 inches of rainfall on an area that experienced the effects of historic Hurricane Ian less than a year ago. Ryan Truchelut, the head meteorologist at WeatherTiger, a Florida-based weather agency, indicates that there are indications pointing to the potential for Idalia to escalate to the level of a major hurricane, characterized by sustained winds reaching at least 111 mph, qualifying for Category 3 classification. He asserts that disregarding these indications would be unwise. As of Sunday night, Truchelut observed that Idalia was situated in the northwestern Caribbean, displaying signs of intensified thunderstorm activity in proximity to its central circulation center.

Reliance Industries Ltd will continue to operate its refineries and petrochemical projects profitably, even as fossil fuel demand wanes due to a gradual global shift to clean energy, Chairman Mukesh Ambani said on Friday. «We have already put in place a comprehensive strategy to ensure that all our investments and all our assets remain not just safe, but actually become profitable even as fossil fuel demand wanes,» Ambani said at the group's annual shareholder meeting. He said Reliance will switch to 100% green energy for captive consumption to cut energy costs, and upgrade the output of its refineries into value added chemicals. Billionaire Ambani on Monday also announced the appointment of his three children as board directors at the oil-to-chemicals conglomerate, as he prepares to eventually hand over the reins. Reliance, the operator of the world's biggest refining complex at Jamnagar in western India, is investing 750 billion rupees ($9.08 billion) in clean energy and technologies as it seeks to become net carbon zero by 2035. The company is building four giga factories at Jamnagar to produce solar cells and modules, energy storage batteries, fuel cells and green hydrogen. "..let me assure you that both during and after energy transition, our Jamnagar refining complex and all other petrochemical complexes will continue to operate profitably," he said. Reliance aims to start commissioning facilities at its solar cell and module factory in phases from end-2025 and to set up a battery giga factory by 2026, he said, adding the plan is to install at least 100 gigawatts of renewable energy generation capacity by 2030. Ambani said Reliance's Jamnagar refining complex, which has the capability to process 1.4 million barrels

It’s a significant week for the markets, as a plethora of economic data is poised to determine the trajectory for the upcoming month. Yields have demonstrated a steady advance, the US dollar has exhibited strength, and equities have undergone a downturn. Notably, the S&P 500 is currently displaying a series of cautionary signals.

(Reuters) — U.S. stock index futures edged higher on Monday, with investor focus on key inflation data and employment readings that are due later this week for further clues on the Federal Reserve's interest rate trajectory.

Article 35A of the Indian Constitution that was scrapped in 2019, ‘took away fundamental rights’. The CJI made the comments during the hearing of petition challenging the abrogation of Jammu and Kashmir's special status. A Supreme Court bench comprising Chief Justice of India DY Chandrachud, and Justices Sanjay Kishan Kaul, Sanjiv Khanna, BR Gavai and Surya Kant for the eleventh day on Monday, continued hearing petitions challenging the Centre's decision to repeal the special status of Jammu and Kashmir by diluting Article 370 and Article 35A.

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Reliance Foundation. Reliance Industries Ltd said on Monday it has appointed Isha Ambani, Akash Ambani and Anant Ambani as directors to the board of the oil-to-telecoms.

Qantas says it is still sitting on more than $500 million worth of its customers’ money in flight credits, but that it could not quantify the exact amount because it changes daily.

Modi government, during which nine lakh jobs were given to the country's youth.

Tata Steel Ltd., India’s second-largest steel producer, is upbeat on prices as Chinese steel exports decline. Chief Executive Officer TV Narendran spoke to Bloomberg News in an interview on the sidelines of the B20 Summit in New Delhi. Demand in India remains strong, though Europe will take until next year to pick up, Narendran said. He expects a decision from the UK government ‘in weeks’ on a proposal to fund the transition to greener steel production. The shift to green steel in India will happen only after 2030, he said.

Terry Gou, who founded Apple supplier Foxconn, has announced that he will run as an independent candidate in Taiwan's presidential election, scheduled to take place in September this year. Gou pledged to fix ties with China and added, "I will definitely not allow Taiwan to become the next Ukraine". Gou criticised the ruling Democratic Progressive Party, saying its policies have “brought Taiwan into the risk of war" with China.

COVID-19 pandemic. Just a couple of years ago, the notion of participating at this level of competition seemed distant for Ramesh. In 2020, he was stationed as a ticket checker at the Trichy Railway Station, a job he himself admitted he was underperforming in.