Progressive Financial News

Novak Djokovic's latest Wimbledon final began on a breezy note with the first set ending at 1-6. Having won the French Open last month, he was now eyeing a tie with Roger Federer for men's record eight titles at the grass-court. But the Serbian player became increasingly frustrated as the match progressed and his 20-year-old opponent gained momentum.

After a bi-lateral meeting with India's finance minister Nirmala Sitharaman on the sidelines of a G20 meeting, Yellen said the two nations have been collaborating across a range of economic issues, including commercial and technological collaboration and strengthening supply chains. «In particular, we look forward to working with India on an investment platform to deliver a lower cost of capital and increased private investment to speed India's energy transition,» she said in a statement while attending the G20 in Gandhinagar, the capital of Gujarat, one of India's most industrialised states.

Pakistan are likely to be held in November, three months after the dissolution of the National Assembly, Dawn reported. Dawn is a PakistEnglish-language newspaper. This comes as Pakistan Prime Minister Shehbaz Sharif has said that he will hand over the reins to the caretaker set-up next month before the completion of the assembly's tenure.

Janet Yellen said China’s economic slowdown risks causing ripple effects across the global economy, though she doesn’t expect a recession in the US. “Many countries do depend on strong Chinese growth to promote growth in their own economies, particularly countries in Asia — and slow growth in China can have some negative spillovers for the United States,” Yellen said in a Bloomberg Television interview Monday hours after a raft of Chinese economic data came in weaker than expected. In the US, “growth has slowed, but our labor market continues to be quite strong — I don’t expect a recession,” Yellen said.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Meta and Morgan Stanley, and downgrades for Fox Corp., JetBlue, and Progressive

Karnataka Chief Minister Siddaramaiah on Monday asserted that the United Progressive Alliance (UPA) will win the Lok Sabha election next year, and the BJP's downfall has started from Karnataka, where the party lost the Assembly elections in May. Siddaramaiah claimed the BJP will lose the Parliamentary elections as the party will not get a clear mandate.

By Guy Faulconbridge

The price of Terra Luna Classic (LUNC) has jumped by as much as 5% in the past 24 hours, with the altcoin currently sitting on a 13% gain in the last seven days.

ISRO) historic mission, Chandrayaan-3, will reach Moon after a journey of over 40 days. In comparison, NASA's Apollo 11 arrived the lunar surface in just four days. Here's why Chandrayaan is taking over a month to reach the Moon.Divergent Trajectories: US' Apollo missions, including Apollo 11, used a direct trajectory known as Translunar Injection to reach moon.

Lok Sabha Elections">Lok Sabha Elections, with the aim to defeat the BJP-led National Democratic Alliance.  According to reports, a total of twenty six parties are likely to attend the Opposition meet. Nationalist Congress Party (NCP) leader Sharad Pawar will not attend the Opposition meet on the first day.  Congress President Mallikarjun Kharge informed that Sharad pawar will be attending the meet in Bengaluru on Tuesday.  The Opposition alliance that includes parties like Indian National Congress, Trinamool Congress, Aam Aadmi Party (AAP), Dravida Munnetra Kazhagam (DMK), Rashtriya Janata Dal (RJD) among others will be conferred a new name, different from the existing United Progressive Alliance (UPA).  According to a report by India Today, the new name will be on the agenda for the Opposition meet on Monday.  The UPA name was given to the Congress-led alliance that remained in power at the Centre for two terms between 2004 and 2014.

India witnessed 13.5 crore people moving out of multidimensional poverty between 2015-16 and 2019-21 with fastest reduction in Uttar Pradesh, Bihar, Madhya Pradesh, Odisha and Rajasthan, a Niti Aayog report said on Monday. The report — 'National Multidimensional Poverty Index: A progress of Review 2023' — was released by Suman Bery, Vice-Chairman, Niti Aayog.

Zee Entertainment Enterprises Ltd (ZEEL) has formed an interim committee of senior executives to run operations at the company after managing director and chief executive Punit Goenka failed to get relief from the Securities Appellate Tribunal (SAT) against an order by markets regulator that barred him from holding any key position in any listed company. A Zee spokesperson confirmed the development to Mint.

Zee Entertainment Enterprises Ltd (ZEEL) has formed an interim committee of senior executives to run operations at the company after managing director and chief executive Punit Goenka failed to get relief from the Securities Appellate Tribunal (SAT) against an order by markets regulator that barred him from holding any key position in any listed company. A Zee spokesperson confirmed the development to Mint.

Investing.com — The U.S. dollar stabilized in early European hours Monday after suffering its worst weekly drop this year, while weak Chinese growth data pressured the yuan. 

China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a more challenging picture. The comparison with last year, when Shanghai was enduring a Covid-related lockdown, will make Monday’s gross domestic product data look a lot better than was actually the case. GDP likely grew 7.1% for the quarter on a year-over-year basis, up from 4.5% in the previous period, according to economists surveyed by Bloomberg.

Alzheimer's disease experts are revamping the way doctors diagnose patients with the progressive brain disorder — the most common type of dementia — by devising a seven-point rating scale based on cognitive and biological changes in the patient. The proposed guidelines, unveiled by experts on Sunday in a report issued at an Alzheimer's Association conference in Amsterdam, embrace a numerical staging system assessing disease progression similar to the one used in cancer diagnoses. They also eliminate the use of terms like mild, moderate and severe. The revamp — replacing guidelines issued in 2018 — was prompted by the increased availability of tests detecting key Alzheimer's-related proteins such as beta amyloid in the blood and new treatments that require confirmation of disease pathology prior to use. The new system is designed to be more accurate and better reflect a person's underlying disease, according to Dr. Clifford Jack of the Mayo Clinic in Rochester, Minnesota, lead author of the report sponsored by the Alzheimer's Association and the National Institute of Aging, a part of the U.S. government's National Institutes of Health. The change comes at a time when doctors are preparing to identify and treat patients with Eisai and Biogen's drug Leqembi, which won Food and Drug Administration approval this month, and Eli Lilly's experimental drug donanemab, which is now under FDA review.

forex reserves, according to a report published by Dawn quoting sources.  Finance Minister Ishaq Dar has convened multiple meetings of the committee formed to engage foreign operators for outsourcing. He told the stakeholders to finalize formalities to outsource the operations of Islamabad International Airport (IIA) by August 12.  On Saturday, Dar chaired a meeting of the steering committee for assessing the progress of airport operations outsourcing.

Critical minerals producer IGO has slashed 75 per cent off the value of two nickel mines it bought for $1.3 billion just one year ago from Western Areas.

By Valerie Volcovici and David Stanway

When a Deutsche Bank compliance executive set up a women-focused webinar in March, he wanted to celebrate their progress at the firm to mark Women’s History Month. But Joe Salama, who leads the German lender’s anti-financial crime unit, instead faced a series of anecdotes about unwanted sexual advances from some of the eight women on the panel and staff who tuned in.

Maruti now offers ESC as standard in many of its cars. Global NCAP has been crash-testing Indian cars since 2014 and there’s been marked progress in the last few years.