Reports Financial News

Democratic National Convention in Chicago saw a remarkable appearance of Michelle Obama. As a prominent speaker at the event, the former first lady opted to wear an intriguing ensemble from Monse's resort 2025 collection. She complimented her look with coordinating trousers and a sleeveless jacket with a unique crisscross design, as per the reports of Yahoo entertainment. Obama added a little elegance with her choice of accessories to finish the entire ensemble. Her dress was enhanced with jewelry from David Yurman, and she wore Jimmy Choo's Scarlett pumps.

Piyush Goyal on Wednesday questioned Amazon's announcement of USD 1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India «smells of predatory pricing», which is not good for the country as it impacts crores of small retailers. Launching a report on 'Net Impact of e-commerce on Employment and Consumer Welfare in India' here, the minister lambasted the e-commerce companies, questioning their business model that has been impacting small retailers in the country. «When Amazon says that we are going to invest a billion dollars in India and we all celebrate, and we forget the underlying story that the billion dollars are not coming in for great service or any great investment to support the Indian economy. They made a billion-dollar loss in their balance sheet that year, they had to fill in that loss.

Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...

Macy’s swung back to a profit in its second quarter but suffered yet another sales decline as inflationary weary shoppers rein in spending, with their focus increasingly on buying the essentials

A key crossing in Syria between an area held by the government and one held by the opposition has been closed again after violence followed its brief reopening this week

U.S. Senate candidate West Virginia Gov. Jim Justice is in a mad-dash legal fight to keep a historic hotel at his luxury resort before it’s auctioned off next week due to unpaid debts

The leaders of India and Malaysia say they will seek to expand economic ties and strengthen cooperation on defense and security

Matt Orton of Raymond James Investment Management explains why he is optimistic about the U.S. economy on «Mornings with Maria.» 

The check-in area of London City Airport, about a 30-minute Tube ride from Canary Wharf, looks much like any midsized hub in North America. There are queues of passengers waiting to check bags, busy shops and restaurants, and a duty-free shop.

Canadian tax practitioners awoke from their summertime slumber on Aug. 12 to a mountain of new draft tax legislation to review, a voluminous package of material containing complex technical amendments to implement many new tax proposals.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Brookfield Asset Management Inc. is asking banks to line up about €9.5 billion (US$10.6 billion) of debt for its potential take-private deal for Spanish pharmaceutical producer Grifols SA, according to people with knowledge of the matter.

Time CEO Jessica Sibley made the layoff announcements on Tuesday to her staff. She listed several business challenges, such as decreased advertising budgets, changing consumer behaviour, competition, and a need to concentrate on coverage areas with higher growth, like health, artificial intelligence, and climate change. In order to guard against this time of change and volatility in the media sector, TIME is currently implementing adjustments throughout the entire company. Twenty-two positions at Time magazine, including those in editorial, technology, sales & marketing, and Time Studios, are being laid off. Also Read: Could your daily meat habit be boosting your risk of type 2 diabetes? Here is all you need to know

Netflix will release "Squid Game: Unleashed" video game. This will be a multiplayer game and will be available for iOS and Android users. The multiplier mobile game from the OTT streaming giant is based on the highly successful Korean show «Squid Game». The game was unveiled by Netflix at Gamescom, as per a WhatsOnNetflix report. «You win some, you die some. Use skill and quick reflexes to survive twisted competitions in this multiplayer action game inspired by the hit series. Squid Game: Unleashed is coming soon to the Netflix App,» the caption for «Squid Game: Unleashed» reads.

Robert F. Kennedy Jr. is contemplating ending his campaign to potentially ally with former President Donald Trump. As per the reports of Yahoo news, Nicole Shanahan, Kennedy's vice presidential candidate, revealed in a recent interview that they might withdraw from the race to support Trump. Shanahan highlighted that running as independents could divide votes and benefit Democrats Kamala Harris and Tim Walz in the upcoming election. They are considering whether to merge with Trump's campaign or drop out entirely. The decision timeline has not been disclosed.

Online vendors have generated 15.8 million jobs in India, including 3.5 million for women, with about 1.76 million retail enterprises participating in e-commerce activity, says a report released on Wednesday. The report 'Assessing the Net Impact of e-Commerce on Employment and Consumer Welfare in India' was launched by Commerce and Industry Minister Piyush Goyal. «Plugging in data from our survey, we estimate that online vendors generate 15.8 million jobs, including 3.5 million jobs for women,» the report prepared by Pahle India Foundation (PIF), a Delhi-based policy research institute, said. E-commerce, according to the report, has been a key driver of employment generation In India. On an average, online vendors employ 54 per cent more people and almost twice the number of female employees, compared to offline vendors.

The Premier League has been a rich hunting ground for Americans over the past two decades, with almost half the 20 clubs under their control as it started a new season. The interest was turbocharged when a group led by billionaire Todd Boehly acquired Chelsea two years ago.

Sebi) has imposed a penalty of Rs 11 lakh on IIFL Securities after finding the company in violation of stock brokers' norms. Sebi conducted an inspection of IIFL Securities between August 18 and August 25, 2022 to look into various compliance requirements for the period beginning April 1, 2022 to July 31, 2022 and found certain alleged noncompliances of SEBI (Stock Broker) Regulations, 1992.

Michelle Obama, gave a speech at the Democratic National Convention on Tuesday, just one night after the president gave an emotional and passionate farewell speech. Almost as a way to make things worse, she kept complimenting her husband's 2008 campaign without bringing up Joe Biden. Michelle says there is an incredibly magical vibe in the air. According to a New York Post report, the 60-year-old Chicago native continued to express her gratitude for her husband, referring to his catchphrase from his popular campaign. In the period leading to Biden’s decision to withdraw from the presidential race, Michelle, who fared relatively better against Trump in polls than Harris and any other contender from the Democratic party, insisted that the vice president is capable of stepping into Biden’s shoes on the Democratic ticket. She proudly announced that the woman who could take responsibility of this moment is Kamala Harris and that she is among the most qualified persons to be the president. The former first lady criticized Trump’s barbs towards the vice president-elect, describing them as petty and regressive, and said that Trump was being petty in his swings. She shouted at voters who are ready to vote for a woman and who are ready to bully, and she appealed to Democrats’ action over the attacks on Harris. Also Read: Grave of the Fireflies: Studio Ghibli’s film release date, where to watch, regional availability and plot

organ donation crisis persists as demand far exceeds supply. In India alone, over 300,000 patients are currently on the waiting list for donor organs, according to the Ministry of Health and Family Welfare. Successful organ donation hinges on multiple factors, including organ compatibility with the recipient’s body weight, height, size, and blood group. Even when a match is found, the viability of the organ, particularly the heart, can be compromised by the lack of oxygen and blood during the dying process, a TOI report stated. Revolutionary Procedure Expands Organ Availability A new technique, known as abdominal normothermic regional perfusion (A-NRP), could significantly improve organ availability. Developed by doctors in the US and Canada, this method involves connecting the deceased body to a portable heart and lung machine. This machine supplies blood to vital organs like the liver, pancreas, small intestine, and kidneys after circulatory death. By maintaining a steady flow of oxygen and nutrients, A-NRP enhances the condition of the organs, making them suitable for transplantation.

Indian astronaut is likely to fly to the International Space Station by April next year as part of the NASA-ISRO collaborative initiative, Science and Technology Minister Jitendra Singh said on Wednesday. Two Indian astronaut-designates Group Captains Shubhanshu Shukla and Prashanth Balakrishnan Nair are undergoing training in the US for the Axiom Space Ax-4 mission. ISRO has assigned Shukla for the Ax-4 mission while Nair would be the backup candidate. «An Indian astronaut will travel to the ISS by April next year,» Singh told a press conference here ahead of the first-ever National Space Day celebrations to mark the landing of Vikram lander on the Moon on August 23 last year. The theme for the National Space Day is 'Touching Lives while Touching the Moon: India's Space Saga'. On the occasion, ISRO will release on August 23 the scientific data collected by the Chandrayaan-3 mission that could be used by researchers.