Reports Financial News

(Updated — January 4, 2024 12:10 PM EST)

genes linked to the immune system, brain function, and potentially COVID-19 risk in a new study. Researchers said that it was the long-term consumption of high-fat diets that were seen to cause the observed changes, and that readers should not panic about a single meal. The researchers at the University of California — Riverside (UCR), US, fed mice three different diets over the course of 24 weeks where at least 40 per cent of the calories came from fat.

Prime Minister Justin Trudeau’s office is clarifying that he and his family are vacationing in Jamaica “at no cost at a location owned by family friends,” after initially saying the family was paying for their stay.

yields continued trudging higher Thursday after economic data that suggested the U.S. labor market remains strong. The number of Americans filing initial claims for unemployment benefits, known as jobless claims, fell more than expected to 202,000 last week, lower than consensus estimates of 216,000, according to the Labor Department.

It is planned that Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), would meet with Lee Bok-hyun, the Chief of South Korea's Financial Supervisory Service (FSS). This meeting is expected to be of critical importance. As reported by Chosunbiz on December 18, this conference, which is scheduled to take place in January, is a proactive approach to examining the dynamics of the cryptocurrency market as well as prospective supervisory measures.

Investing.com -- Athletic apparel retailer Amer Sports has said it has filed for an initial public offering on the New York Stock Exchange.

Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter.

By Francesca Landini

By Lucia Mutikani

Deloitte Canada says the Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring.

Spacetech startup Bellatrix Aerospace on Thursday said it will start commercialising its proprietary propulsion systems that help satellites generate the thrust for a transfer and stabilisation into orbit. The company achieved a significant milestone with the launch of its propulsion systems – Rudra and Arka – on board the national space agency’s PSLV C-58 launch vehicle on January 1. This gives the company its first space qualification.

telecom equipment maker Nokia said on Thursday it had signed a 5G patent agreement with one of China's leading smartphone makers Honor, but its legal battles with other Chinese companies over patents continue. Nokia, once the world's number one mobile phone maker, holds a significant patent portfolio of some key technologies needed in phone manufacturing and the resulting licensing revenue represented 39% of operating profit in 2022.

toy manufacturing in the country through import duties and quality control orders. Addressing journalists in New Delhi, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Rajesh Kumar Singh said the proposal of having a PLI scheme on toys has been put on hold and a third-party audit of the white goods PLI will be conducted. Responding to a query on the decision to put the toy PLI proposal on hold, he said, “Currently we are focused on getting these 14 PLI schemes up and running in a good way.

The European Central Bank (ECB) has unveiled progress in the development of the digital euro, with the publication of a report detailing the advancements made by the digital euro scheme’s Rulebook Development Group (RDG).

(Reuters) -Ford Motor on Thursday posted a 7.1% rise in 2023 U.S. sales, fueled by demand for its crossover SUVs and pickup trucks and easing supply chain constraints.

By Johann M Cherian and Shristi Achar A

The US dollar is under pressure as the pound, and euro attempt a recovery, raising doubts about its upward trajectory.

INDIA alliance as its two key allies, the Congress and the Trinamool Congress, on Thursday clashed over seat sharing for the upcoming Lok Sabha polls in West Bengal. State Congress president Adhir Ranjan Chowdhury said, «The grand old party won't beg for seats from the TMC,» drawing a response from the Mamata Banerjee-led party, which said, «Badmouthing alliance partners and seat sharing can't go hand in hand.» Chowdhury, a staunch critic of the TMC, launched a no-holds-barred attack, accusing Bengal's ruling party of being busy «serving Prime Minister Narendra Modi» rather than strengthening the opposition alliance.

During 2023, a total of 133 planes were inducted in India, a 51% jump YoY (over 2022) as airline companies scrambled to meet rising demand, the Directorate General of Civil Aviation (DGCA) said. Out of the total number cited above, 21 were taken on wet lease. The DGCA said that in line with the anticipated increase in aircraft inductions in 2024, it is «suitably enhancing its regulatory capacity to further speed up the regulatory approvals related to the induction of aircraft». Specific information regarding the measures taken to enhance regulatory capacity was unavailable at the time of writing this. «In 2023, scheduled operators added a total of 112 aircraft to their fleets, marking a 38% increase from the 81 aircraft added in 2022. When considering 21 wet/damp lease aircraft, the overall aircraft induction reaches 133, a substantial 51% rise from the previous year's figure of 88.

hiring this year is expected to grow 8.3 per cent this year with the job market showing signs of recovery in December, a report said on Thursday. December witnessed a 2 per cent growth in hiring, the foundit Annual Trends Report said. It projected an overall hiring expansion of 8.3 per cent for 2024, with Bengaluru expected to see an 11 per cent surge. Key sectors that will experience increased hiring include manufacturing, BFSI, automotive, retail, and travel and tourism, it said.

BNY Mellon Wealth Management head of equities Alicia Levine and Simplify Asset Management chief strategist Mike Green discuss whether the Fed's inflation strategy is working on 'Making Money.'