Show Financial News

Aerosmith's ‘Peace Out: The Farewell Tour’, marking over 50 years together, faces delays following Steven Tyler's vocal cord injury at the UBS Arena on September 9. Steven Tyler, the frontman, shared that doctors ordered him not to sing for 30 days due to vocal cord damage and bleeding sustained during a recent show. As a result, several tour dates will be rescheduled to ensure a proper performance for fans. Six concerts have been moved to 2024, starting in January and concluding in February. The affected cities include Detroit, Chicago, Washington, D.C., Toronto, Raleigh and Cleveland. Previously purchased tickets will remain valid for the new dates, and refunds are available for those unable to attend. Aerosmith had commenced their ‘Peace Out: The Farewell Tour’ on September 2 in Philadelphia, completing only three out of 40 scheduled dates. Notably, in December of the previous year, the band had to cancel the final two shows of their Las Vegas residency due to an undisclosed illness affecting Steven Tyler. Additionally, earlier in their journey, they had postponed dates to enable Tyler to seek treatment for addiction issues that arose following foot surgery.

van Gogh painting snatched from a Dutch museum during the Covid-19 lockdown, AFP looks back at some other heists involving works by the Dutch master: On August 21, 2010, Van Gogh's "Poppy Flowers", worth $55 million at the time, was cut out of its frame in broad daylight at the Mohamed Mahmoud Khalil Museum outside Cairo. An investigation revealed that the museum's alarm system did not work and that 30 out of 47 surveillance cameras were out of order. It was the second time the small painting from 1887, which is still missing, had been stolen — the first was in 1997, when it was taken from the same museum and was found only 10 years later, in Kuwait. Van Gogh's «Blossoming Chestnut Branches» (1890), among four Impressionist masterpieces valued at more than 112 million euros, was stolen from a Zurich museum on February 10, 2008, in one of Europe's biggest-ever art heists.

Vladimir Putin said Tuesday he will only comment on whether he will run for re-election in 2024 after the ballot is officially announced later this year. Putin has led Russia since the turn of the century, winning four presidential elections and briefly serving as prime minister in a system where political opposition has become virtually non-existent. «According to the law, parliament must make a decision at the end of the year,» Putin told the audience at the Eastern Economic Forum in the Pacific port of Vladivostok. «When the elections are announced, when the date is set, then we will talk about it,» he added. Presidential elections in Russia are officially set by parliament and held every six years, after the term limit was lengthened from four years previously.

G20 summit was the 'value' of the India stake in foreign policies of other countries. For that alone, countries made compromises, thus ensuring a successful summit for India. So, what is the India stake? Put simply, almost all G20 countries want to invest in their relationship with India for long term.

Apple introduced an impressive line-up of iPhone 15 series, Watch Series 9 and Watch Ultra 2 at the highly-anticipated Apple Event. From achieving a significant environmental milestone to unveiling the most efficient chipsets, the company put up quite an impressive show at the corporate headquarters of Apple Park in Cupertino, California. The iPhone-maker expanded its smartwatches line-up with impressive offerings.

ISSL), on the block almost five years after IndusInd Bank pulled out of a deal to acquire the entity following the collapse of the infrastructure financier in September 2018. Unlike last time, however, bidders can either bid for the custody business or the depository (brokerage) business separately or both together, a document seeking expressions of interest (EOI) showed. ISSL is a rare non-bank custodian that holds financial securities like stocks, bonds or gold for safekeeping. It also has a separate depository licence that allows it to offer brokerage services. «ISSL is neither a big depository nor a custodian; so there is not much business to be gained.

New Delhi: French luxury fashion house Christian Dior has leased two large units in Jio World Plaza, a yet-to-open luxury mall, part of Jio World Centre, in Mumbai's Bandra-Kurla Complex, signaling a push by the world's top luxury brands to lure wealthy Indian shoppers. Christian Dior Trading India Pvt Ltd has signed a 9.5-year lease agreement with Reliance Industries Ltd. to lease two units on the ground floor of the Plaza, paying a starting monthly rent of ₹21,56,310 for a total chargeable area of 3,317 sq.ft, according to data accessed by FloorTap.com, a marketplace for commercial properties.

New Delhi: On Tuesday, Apple unveiled its latest generation smartphone, the iPhone 15 lineup, at its Apple Park headquarters in Cupertino, California. While the smartphones in the lineup were largely in line with Apple’s incremental upgrades offered every year, this year marked the first time that Apple began assembling its latest generation iPhones in time for the first batch of the smartphones to be sold—in India and around the world. The iPhone 15, launched with a higher resolution OLED display, a higher resolution 48MP camera, the A16 Bionic custom processor designed in-house for the iPhone 14 Pro last year, and the pill-shaped 'Dynamic Island' notch that was also introduced in the latter, will be available in India starting 22 September, and is priced onward of ₹79900.

Government advisers say the leading decongestant used by millions of Americans to treat nasal congestion doesn't actually work

Georgia’s governor is suspending state taxes on gasoline and diesel fuel

RBI)’s regulations, venture capital and private equity funds have halted new and follow-up investments, resulting in a backlog of deals, said fund managers and founders. The industry has approached the banking regulator, seeking clarification, they added. As part of the private equity and venture capital fundraising process, investors or limited partners (LPs) commit an amount to a fund, which is not immediately transferred.

Bernie Taupin, 73, is an Oscar-winning lyricist best known for his songwriting partnership with Elton John. He is the author of “Scattershot: Life, Music, Elton and Me" (Hachette), a memoir. He spoke with Marc Myers.

NEW DELHI : Direct-to-home (DTH) service provider Tata Play Ltd (earlier Tata Sky) on Tuesday added Apple TV+ on its over-the-top (OTT) aggregation service Tata Play Binge. This marks the American streaming video platform’s debut on any Indian aggregator, and its only second such tie-up worldwide.

investment bankers and ratings firms in New York City. Boeing’s space leased for more than $100,000 a year, according to CoStar, an outside real-estate data firm. It’s unusual but not unheard of for a CEO to live and work remotely far from the home office.

New Delhi: Over 100,000 companies and limited liability partnerships (LLPs) have been set up using the high security forms introduced this year in the revamped MCA21 statutory filing portal from April to August, showing an improvement of over 11%, the ministry of corporate affairs said in an update, suggesting that the technological upgrade has stabilised after its teething troubles. Data available from the ministry showed that over 92,000 companies and LLPs were formed in the same time a year ago.

NEW DELHI : India’s factory output rose to a five-month high of 5.7% in July, up from 3.7% in June, driven by strong growth in mining and power, official data released on Tuesday showed. The Index of Industrial Production (IIP), or factory output growth, stood at 2.2% in July 2022, mainly due to a low base effect.

By Stephen Nellis

By Howard Schneider

Alphabet Inc.'s Google spends around more than $10 billion a year to maintain its position as the default search engine on web browsers and mobile devices, said US Justice department during the antitrust trial, that began in Washington on Tuesday. “This case is about the future of the internet and whether Google’s search engine will ever face meaningful competition," Kenneth Dintzer, a government lawyer, said in his opening statement. “The evidence will show they demanded default exclusivity to block rivals." The government lawer accused Google of abusing its monopoly in general search.

Christian Dior SE has leased nearly 3,320 sq ft retail space from Reliance Industries in its Jio World Plaza in Mumbai’s business district Bandra-Kurla Complex (BKC) for a term of 9.5 years The global brand already operates stores in key Indian cities including Mumbai, Delhi, and Bengaluru. Interestingly, Louis Vuitton that controls the brand Christian Dior also recently leased space at Jio World Plaza to set up its biggest store in India. The company has leased the space through its subsidiary Christian Dior Trading India at monthly rentals of Rs 21.56 lakh, or Rs 650 per sq ft based on minimum monthly guaranteed sum or net revenue share, whichever is higher, showed the documents accessed through FloorTap.com. The licensee Christian Dior Trading India will have a lock-in period of 36 months and the lease will be operational until May 2032. ET’s email query to Reliance Industries and Christian Dior Trading India remained unanswered. The agreement includes a clause to escalate rentals by 7.5% from 19th month till 42nd month and thereafter 15% every 36 months. Christian Dior Trading India has also paid a security deposit worth over Rs 1.39 crores and this will also witness an escalation of 15% every 36 months. Several global luxury brands have set their sights on the burgeoning Indian market and are either forming alliances or entering directly to get a bigger slice of it. India, being the fastest growing economy in the world, is expected to witness significant growth in the number of millionaires in the next few years.

Lynn Spears is set to appear on «Dancing With the Stars» Season 32 alongside partner Alan Bersten. The actor, known for her roles in «Zoey 102» and «Sweet Magnolias,» will be competing alongside other celebrities, including Ariana Madix from «Vanderpump Rules» and Charity Lawson from «The Bachelorette.» The full cast will be revealed on Wednesday. Spears shared her motivation for joining the show, stating, «I have this unique opportunity where I was offered a chance to work when my community cannot work. I figured I'll do this and I will donate my weekly salary to SAG, WGA, and just give back to them at a crucial time.»