RIG Financial News

The generic drug maker Teva Pharmaceuticals agreed Monday to pay $225 million to settle price-fixing charges related to sales of a widely used cholesterol-lowering drug

The Biden administration has tightened offshore oil drilling safety regulations, including rules regarding the use of “blowout preventer” devices on offshore oil and gas drilling rigs

Investing.com — Oil prices rose Monday, helped by another rate cut from China, the world’s largest crude importer, as well as the prospect of tighter supplies.

Also read: Cadbury maker to invest ₹1,600 crore to expand Andhra plant In the past three days, the Registration and Stamps Department conducted raids on 37 Margadarsi branches across the state, resulting in the filing of FIRs in Anakapalli, Chirala, and Rajamahendravaram. The cases against Margadarsi include various Indian Penal Code sections, such as 409 (Criminal breach of trust by a public servant), 420 (Cheating and dishonestly inducing delivery of property), 468 (Forgery for the purpose of cheating), 471 (Using a forged document as genuine), 477–A (Falsification of accounts), 120B (Criminal conspiracy), 467 (Forgery of valuable security, will, etc.), in conjunction with Section 34, and Section 5 of the Andhra Pradesh Protection of Depositors of Financial Establishments Act.

Investing.com — Lots of things are happening in the oil market at the same time: Economic troubles in China; surprisingly higher U.S. crude production and Saudi-Russian cuts that cargo tracking data suggest could remove almost 68 million barrels from the market over the next 45 days. 

Shah Mehmood Qureshi was detained on Saturday, his Pakistan Tehreek-e-Insaf party said, just hours after he said it would challenge any delay to the country's election in the courts. Party spokesman Zulfi Bukhari told Reuters the specific reason for the detention of Qureshi, twice Pakistan's foreign minister, was not immediately clear. The caretaker information minister did not immediately respond to a request for comment. Bukhari condemned the arrest on the social media platform X, formerly known as Twitter, saying he was «arrested for doing a press conference and re affirming PTI stance against all tyranny and pre poll rigging that is going on currently in Pakistan». PTI party chairman Imran Khan is currently jailed for three years after being convicted on graft charges and is barred from contesting any election for five years. He denies any wrongdoing. Khan won the last election in 2018 and became prime minister until he was ousted in a no-confidence vote in 2022. The election is meant to be held within 90 days of parliament being dissolved last week, by November, but uncertainty looms over the date as the nation grapples with constitutional, political and economic crises.

Of all the news that caught the interest of oil traders this week, the one that really hit home was probably the EIA’s revelation that U.S. crude production had reached three-year highs — for a second week in a row.

Hymns of the Rig Veda were composed in the Punjab-Haryana region around 1500 BCE.They contain much older memories, of total eclipses that happened in 4000 BCE, far north of the Himalayas, indicating an eventual migration southwards.

From storage to weather, rig count and pricing, natural gas is a market for some of the most imaginative bets. And like any card game, the House will almost always have a better hand than yours, no matter your smarts.

reality, of course, is they are building him into an almost unstoppable political phenomenon. My reading of Mr. Trump’s more than 50% support in the primary polls has been that 30% is his standard base and at least 20% consists primarily of resentment of these prosecutions alongside the wrist-slap prosecution by Merrick Garland’s Justice Department of Hunter Biden and his well-aware, enabling father.

Lebanese Cabinet ministers say an offshore drilling rig has arrived at its destination in the Mediterranean Sea off Lebanon’s coast and will start its search for gas in the coming weeks

Atlanta. Willis’ prosecutors could still try the case in the federal venue. But such requests, made within the first 30 days of charges, haven’t been granted to Trump in the past.

Trump on Tuesday claimed that he will produce an «irrefutable» report that «should» lead to all charges against him getting dropped, New York Post reported. This comes after the former President was indicted by the Georgia grand jury in connection with the efforts to overturn the 2020 election results in the Peach State. «A Large, Complex, Detailed but Irrefutable REPORT on the Presidential Election Fraud which took place in Georgia is almost complete & will be presented by me at a major News Conference at 11:00 A.M.

Poland is deploying thousands of troops to its border with Belarus, calling it a deterrent move as tensions between the two neighbors ratchet up. Those tensions between Poland — a NATO and European Union country — and Belarus, which is Russia's ally in its war on Ukraine, have been building up in recent months on the border.

By Nate Raymond and Jonathan Stempel

By Florence Tan and Mohi Narayan

(Trinamool Congress has played a bloody game)" Bharatiya Janata Party (BJP) leader and Prime Minister Narendra Modi said on Saturday while addressing the Kshetriya Panchayati Raj Parishad in West Bengal via videoconferencing. The Prime Minister was referring to the gory violence that ensued the recently held Panchayat Polls in West Bengal. PM Modi hit out the chief minister Mamata Banerjee-led West Bengal government and said Trinamool Congress had "played with blood." Further, the prime minister accused the party of threatening voters and “making their life hell." "They do anything required to ensure that no BJP candidate can file nomination...they not only threaten BJP workers but also the voters.

Oil prices edged higher on Friday after the International Energy Agency forecast record global demand and tightening supplies, propelling prices to the seventh straight week of gains, the longest such streak since 2022. Brent crude futures rose 41 cents, or 0.5%, to settle $86.81 a barrel, while U.S. West Texas Intermediate (WTI) crude futures gained 37 cents, or 0.5%, to settle at $83.19.

(Reuters) -Fox Corp said on Friday that Chief Legal Officer Viet Dinh was stepping down, a high-profile exit that follows its $787.5 million settlement in April of a defamation lawsuit filed by Dominion Voting Systems over its 2020 U.S. election coverage.

(Corrects, in second paragraph)

Lok Sabha poll as the BJP is afraid of the united INDIA alliance. Future chief election commissioners and election commissioners will be selected by a three-member panel headed by the prime minister and comprising the leader of the opposition in the Lok Sabha besides a cabinet minister, according to the bill listed for introduction in the Rajya Sabha on Thursday. A Supreme Court judgment in March said the panel should comprise the prime minister, the leader of the opposition in Lok Sabha and the chief justice of India. TMC spokesperson Saket Gokhale called it is an attempt to rig the general election in 2024. «Shocking. BJP is rigging the 2024 election openly. Modi government has again brazenly trampled upon an SC judgment and is making the Election Commission its own bunch of stooges. In the (EC appointment) Bill the chief justice has been replaced by a union minister in the selection committee to appoint the chief election commissioner and the two election commissioners. The Supreme Court in its judgment had clearly noted that the committee should be (A) the chief justice of India, (B) the PM and © the leader of the opposition. »In the Bill, the Modi government has replaced the CJI with a union minister. Basically now, Modi and one minister will appoint the entire Election Commission. This is a clear step towards rigging the 2024 elections after fear has been struck into BJP's heart by the united INDIA alliance," Gokhale tweeted.