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26.09 / 16:29
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'Amazing number of cool ideas': Poloz hears proposals to draw Canada's pension managers home
Former Bank of Canada governor Stephen Poloz is examining a list of ideas to get the country’s pension funds to invest more in the domestic economy — including the creation of a pooled fund that would make dealmaking easier for some of them.
26.09 / 16:07
UPS
Citi
Gap
Experts
cover
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China’s newest nuclear submarine sank, setting back its military modernization
Subscribe to enjoy similar stories. WASHINGTON : China’s newest nuclear-powered attack submarine sank in the spring, a major setback for one of the country’s priority weapons programs, U.S. officials said.
26.09 / 16:01
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Pet parent in USA? Here are food products you need to avoid to protect them from listeria and salmonella
Darwin’s Natural Selections and Answers Pet Food due to contamination concerns involving listeria and salmonella. While most pets may not show symptoms from this contamination, the bacteria can potentially spread to humans through pet stool and saliva. The following recalled products were sold in four-pound cartons:
26.09 / 16:01
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Alien: Romulus - When and where to watch on streaming
Alien: Romulus, have been officially announced by 20th Century Studios. Directed by Fede Álvarez, the ninth installment in the iconic franchise follows a group of young characters who attempt to steal cryo equipment from an abandoned space station, only to encounter the deadly Xenomorph. Starring Cailee Spaeny alongside David Jonsson, Archie Renaux, Isabela Merced, Spike Fearn, and Aileen Wu, the film is set to make its digital debut on October 15, 2024, through VOD platforms including Prime Video, Apple TV, and Fandango at Home, as per a report by Screenrant. In addition to its standalone digital release, Alien: Romulus will also be available in a special two-movie digital bundle that celebrates the 45th anniversary of the original Alien. For collectors, a physical media release is slated for December 3, offering the film on 4K Ultra HD, Blu-ray, and DVD, including a limited edition SteelBook with exclusive custom artwork.
26.09 / 16:01
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POSCO court hands death sentence to former school warden in Arunachal Pradesh for assaulting 21 children
Arunachal Pradesh handed death sentence to the former warden of a government residential school for sexually assaulting 21 children, including 15 girls, in Shi-Yomi district. Special judge Jaweplu Chai pronounced the capital punishment to the prime accused Yumken Bagra, the former warden of the government residential school, after finding him guilty under Sections 328 (causing hurt by means of poison, etc., with intent to commit an offence) and 506 (criminal intimidation) of the Indian Penal Code (IPC) as well as Sections 6, 10, and 12 of the POCSO Act. He was there between 2019 and 2022. Capital Superintendent of Police (SP) Rohit Rajbir Singh said that Co-accused Marbom Ngomdir was a Hindi teacher while Singtun Yorpen was former headmaster of the school,Ngomdir was found guilty under Section 506 of the IPC and Sections 17 and 21(1) of the POCSO Act, while Yorpen was convicted under Sections 17 and 21(2) of the POCSO Act, Singh said.
26.09 / 16:01
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Lokayukta police probe: Karnataka CM Siddaramaiah to decide on appeal soon
Siddaramaiah is expected to appeal the Karnataka High Court judgment dismissing his petition challenging the August 16 order of Governor Thawarchand Gehlot permitting investigations against him in the case of allotment of housing plots to his wife in Mysuru. The CM's legal team is working on a response to Sep 24 judgment allowing investigations under Section 17A of the Prevention of Corruption Act, 1988. A lower court on Wednesday ordered investigation by the Lokayukta police into the complaints that his family illegally gained the housing plots. The contention of people close to the CM has been that Siddaramaiah played no role in the allotment of plots by the Mysore Urban Development Authority (MUDA) but has now ended up in a situation of having to face a police investigation.
26.09 / 15:25
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Manipur govt takes u-turn on report saying 900 Kuki militants infiltrated state to carry out strikes
Kuki militants have infiltrated to carry out strikes on September 28, Manipur government now asserted. «Any such misadventures by armed groups is minimal and unsubstantiated». Already Manipur police has stated that the input was verified from different quarters, but it could not be substantiated on ground. The Manipur government in a statement on Wednesday stated, “Based on information gathered on movement of armed groups, this office had shared intelligence inputs vide U0 note bearing no. 1/25/2024-CM dated 16.09.2024 to enable the Police Department to use its machinery and network to develop the said information to determine actionability. It is now ascertained that possibility of any such misadventure by armed groups is remote. The public need not worry further in this regard.” Manipur Director General of police Rajiv Singh stated input of infiltration of 900 trained Kuki militants from Myanmar to carry out attacks on Meitei on September 28 was verified from different quarters, but it could not be substantiated on ground.
26.09 / 15:25
26.09 / 15:25
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IAF will display its defence prowess, new aircraft over Marina sky on Oct 6: Official
Indian Air Force will display its full defence prowess, especially air capability and also showcase its range of new aircraft including Rafale, in action at a breathtaking display over the Marina sky on October 6, as part of the 92nd IAF Day, Air Vice Marshal K Prem Kumar said here on Thursday. Prem Kumar, who is the Chief Coordinating Officer of IAF Day parade Chennai 2024 to be held at Marina and Tambaram, said 72 aircraft will participate in the air display over Marina, which is open to the public. «We have planned to create a unique record in the Limca Book of world records. We expect 15 lakh people for the event on October 6 from 11 am to 1 pm,» he told reporters here. There would be a full dress rehearsal on October 4 in coordination with the IAF Tambaram, he added.
26.09 / 15:25
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NYC Mayor Eric Adams charged with taking bribes and illegal campaign funds from foreign sources
Eric Adams was indicted Thursday on charges that he took illegal campaign contributions and bribes from foreign nationals in exchange for favors that included helping Turkish officials get fire safety approvals for a new diplomatic building in the city. Adams, a former police officer, faces conspiracy, wire fraud and bribery charges in a five-count indictment that describes a decade-long trail of crimes. The U.S. attorney's office in Manhattan alleges in the indictment that Adams «compounded his gains» from the illegal contributions by gaming the city's matching funds program, which provides a generous match for small dollar donations. His campaign received more than $10,000 in matching funds as a result of the false certifications, according to the indictment.
26.09 / 15:19
26.09 / 15:19
26.09 / 15:19
26.09 / 15:19
UPS
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National Bank gets Competition Bureau's approval to buy CWB in 'major step forward'
The National Bank of Canada says it has received the Competition Bureau’s clearance to take over Canadian Western Bank, but the proposed deal still requires the approval of the Office of the Superintendent of Financial Institutions and the finance minister.
26.09 / 15:07
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Francis Ford Coppola bet more than $100 million on his legacy. Now what?
Subscribe to enjoy similar stories. Francis Ford Coppola was flush from The Godfather in 1973 when he bought an architectural jewel in San Francisco’s North Beach for $500,000. His new headquarters was a flatiron building clad in tile and copper, with an eight-story steel frame that withstood the great earthquake of 1906.
26.09 / 15:07
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Pakistan inquiry finds doctor accused of blasphemy was killed in fake police shootout
blasphemy was killed in a fake police shootout last week in Pakistan after violent protests by Islamists, a government minister said on Thursday, ordering criminal proceedings against the officers involved. It was the second such killing in police custody in a week. Shah Nawaz, a doctor working in the town of Umerkot in southern Pakistan, went into hiding after local clerics accused him of blasphemy over a Facebook post, which he said in a video statement was posted on one of his old accounts that had been hacked long ago, according to his family.
26.09 / 15:07
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Vladimir Putin draws a nuclear red line for the West. How credible is it?
Putin has now backed the threats with a revision of the country's nuclear doctrine. He has announced plans to broaden Russia's rules on the use of its nuclear weaponry, just when the West is considering allowing Ukraine to strike deep within Russia with long-range Western missiles.
26.09 / 15:07
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HDFC sells $717 million of home loans to reduce credit book
HDFC Bank Ltd. has sold a housing loan portfolio of about Rs 60 billion ($717 million), seeking to further lighten its credit load amid regulatory pressures on the industry. The portfolio was sold to about half a dozen state-controlled banks through private deals, according to people familiar with the matter, who asked not to be identified as the information is not yet public. The Mumbai-based bank also unloaded another pool of car loans worth about Rs 90.6 billion, securitized in a fixed income product called pass-through certificates, the people said. The lender had been engaged in talks — reported in late August by Bloomberg — to offload the pool to about a dozen local asset management companies.
26.09 / 15:07
markets
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Booking
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Accenture Q4 profit up 22%, GenAI bookings at $1 billion
technology services player Accenture on Thursday reported a 22.6% year-on-year (YoY) rise in net profit at $1.68 billion for the fourth quarter ending August 2024. This compares with $1.37 billion profit in June-August quarter 2023. The profit grew on the back of healthy growth in North America and health & public services segment aided by robust new bookings, especially generative artificial intelligence (GenAI) deals. The Nasdaq-listed IT major hiked its annual revenue growth forecast to 3-6% for 2025, including 2-3% from mergers and acquisitions (M&A). This is on the back of improvement in the macroeconomic environment and the US Federal Reserve’s recent interest rate cut of 0.5%. Accenture follows a September-August financial year. The Accenture forecast is an important indicator of the performance of key Indian IT companies as they start reporting their quarter earnings starting from Tata Consultancy Services in early October.
26.09 / 14:27
Research
cover
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7IM poaches from abrdn and Mercer for investment management team hires
Qadri and Leitao will report into Uwe Ketelsen, head of portfolio management at 7IM, and will be responsible for enhancing and deepening the firm's fund selection and portfolio management capabilities. Prior to joining 7IM, Qadri worked for three years at abrdn as part of its multi-asset team, most recently as a senior investment analyst since December last year. 7IM partners with Brooks Macdonald to offer MPS ranges At abrdn, he covered investment manager research and portfolio construction across various asset classes. Leitao joins 7IM from Mercer, where he worked as a senior ...
26.09 / 13:29
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Analysis
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US economy grew 3% in the second quarter, in line with expectations
NYSE President Lynn Martin discusses whether Trump or Harris economic plan is better for markets on Cavuto: Coast to Coast.
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