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Soccer superstar Kylian Mbappe is all set to move to Real Madrid from Paris Saint-Germain (PSG). This has been revealed by Javier Tebas who is the President of the La Liga. The president of the top Spanish football championship league said this in an interview to Argentine sports newspaper 'Ole', as per a report on Forbes. Last week, 25-year-old Mbappe had stated that he would be leaving PSG when his contract with the club expires in June. Though, he had not named Real Madrid, it was widely believed that he would be moving to Real Madrid. This has now been confirmed by the President of La Liga.

Canadians shopping for a new vehicle this spring and summer might find a bit of relief from recent years of tight supply and high prices.

Car sales in the local market rose 1.3% to 335,629 units last month. Automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained for the last two financial years. A high base due to the strong growth in the last two years weighed on the year-on-year comparison, resulting in the tepid pace of growth in April. Though the growth rate moderated in April, it was the fourth consecutive month in CY24 when sales volume in the local market set a new record, as per data from Society of Indian Automobile Manufacturers (SIAM).

Delhi-NCR's red-hot real estate market, even a ₹5 crore budget may not guarantee a home in a brand-new project of a reputed developer in a prime locality. With homes priced at ₹6 crore and above getting sold out within hours of launch, developers are not keen on launching smaller sized apartments, forcing end users to wait for the current uptick in the market to stabilise. The trend is also worrying industry experts as it is giving rise to speculative buying which might eventually cause a bubble in the property market. «In the last 18 months, prices have almost doubled in the majority of the micro-markets in NCR and developers are also not launching smaller sized apartments. Both the factors have taken away the opportunity for middle class buyers to own a home in the current situation. While the per sq ft prices may not come down, developers may have to reduce size to offer something in below ₹5 crore category,» said an industry expert.

Modi Enterprises plans to take cosmetics firm Colorbar public within three years, betting on robust prospects of the Indian beauty and personal care market. Speaking to ET, managing director Samir K Modi said Colorbar will touch Rs 1,000-crore revenue next fiscal and expand in international markets. The company currently owns and operates Colorbar, 24Seven, and Modicare brands.

cyber criminals posing as police or other law enforcement agencies. The ministry said this is an organised online economic crime operated by cross-border crime syndicates. Across the country, several victims have lost large amounts of money to such criminals, it said. «A large number of complaints are being reported on National Cyber Crime Reporting Portal (NCRP) regarding intimidation, blackmail, extortion and 'digital arrests' by cyber criminals posing as police authorities, Central Bureau of Investigation (CBI), Narcotics Department, Reserve Bank of India (RBI), Enforcement Directorate and other law enforcement agencies,» the MHA pointed out in its statement. Elaborating on the modus operandi of these fraudsters, the ministry claimed that they typically call a potential victim and inform that he or she has sent or is the intended recipient of a parcel, which contains illegal goods, drugs, fake passports, or any other contraband item. Sometimes, they also inform that a near or dear one of the victims has been found to be involved in a crime or an accident and is in their custody. The fraudsters will then demand money to compromise the 'case', the ministry elaborated.

'Kudlow' panelists Kevin Brady, Art Laffer and Sandra Smith discuss how 'Bidenomics' is falling flat with voters.

The California Assembly has approved legislation that would require new gas stoves to carry a label warning users about pollutants that have been linked to respiratory illnesses

Recreational marijuana could be available for sale in Ohio by mid-June

Stocks that are trading heavily or have substantial price changes on Tuesday: Sony Group, The Container Store rise; Alibaba, Smart Sand fall

Red Lobster says it is closing nearly 50 of its restaurants in the U.S. The locations span across more than 20 states — cutting back on Red Lobster’s presence in cities like Denver, San Antonio, Indianapolis and Sacramento

Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and movies

Dozens of Red Lobster locations across the U.S. are now on the chopping block

The U.S. government has a specialized plane loaded with advanced sensors that the EPA brags is always ready to deploy within an hour of any kind of chemical disaster

Stocks drifted on Wall Street, leaving the market hovering just below the record high it set in late March

Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again

The U.S. government’s highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo’s self-driving vehicles

Child care has long been expensive for families, hard to find and financially precarious for day care owners and workers

The Czech power company CEZ says its net profit in the first quarter of the year reached 13.6 billion Czech crowns or $592 million

Energy, railways, data centres may drive Siemens’ growth Earlier, ABB India Ltd had structured the demerger of its power transmission business similarly, mirroring the shareholding of investors in the new entity before selling its stake to Hitachi. "Demerging the company and mirroring the shareholding of minority investors is a much cleaner way to do this transaction," said Shriram Subramanian, the managing director of proxy advisory firm InGovern. Siemens Ltd has earlier faced shareholder ire in India when the company proposed to sell its low-voltage motors and geared motors to group company Siemens Large Drives India Private Limited.

American sectors. “Indian sector got less affected as the main hit of the storm happened in the early morning of 11th May, when ionosphere has not developed fully. Also, being at lower latitudes, widespread outages haven't been reported in India.