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Investing.com — The S&P 500 advanced slightly Wednesday, inching closer toward record highs as signs of an upbeat consumer sentiment pointed to underlying strength in economy ahead of key inflation report due Wednesday. 

The Black Book", a revenge thriller directed by Editi Effiong in his directorial debut, achieved the remarkable feat of becoming the first-ever Nigerian film to reach the number 3 on the streaming giant's global film charts. Produced with a budget of $1 million, a substantial amount by Nigerian movie standards, the film garnered an impressive 5.6 million views within just 48 hours of its release on September 22. In the opening weeks, «The Black Book» attracted over 20 million viewers, securing a place in Netflix's Top 10 list in more than 69 countries.

viewership share, Reliance Industries-owned Viacom18 is aiming to grow revenue market share in Hindi and Kannada general entertainment categories, which generate combined ad revenues of more than ₹9,000 crore each year, said a top company executive. As per Broadcast Audience Research Council (BARC) data for urban NCCS ABC audiences aged 15-50, the company's Hindi GEC Colors has grown its evening prime-time market share from about 20% in week 27 to 27% in week 49. Meanwhile, Colors Kannada has lifted its viewership share from 27% in week 27 to a whopping 37.2% in week 49 to become the top Kannada GEC. Both Colors and Colors Kannada compete with channels run by Disney Star, Zee Entertainment, Sony Pictures Networks India and Sun TV Networks. Kevin Vaz, chief executive of Viacom18's TV business, said the company's strategy of catering to an entire family by offering a mix of fiction and non-fiction content has played a major role in growing viewership. Fiction shows primarily attract female audiences, while non-fiction shows like Bigg Boss cut across age and gender. «Revenue share will grow automatically as viewership share increases. However, there is a time lag in monetising that viewership growth,» Vaz told ET. He said both Colors and Colors Kannada are onboarding new advertisers even as existing advertisers are boosting their spending on the two channels encouraged by viewership growth. According to a Pitch Madison report, total TV and digital video ad spends in India stood at ₹31,000 crore and ₹10,000 crore, respectively, in 2022.

warehousing sector and is looking to invest over ₹1,200 crore over the next two years to build its portfolio across the country. The firm is looking to build total warehousing assets spread over around 4 million sq ft during this period, said a top official of the company. The institutional investment manager is in talks with developers in key metro cities of Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Chennai, Bengaluru as well as select non-metro cities to undertake these warehousing projects. «With the robust infrastructure and various government policy initiatives showing economic green shoots across the country, the warehousing and logistics sector presents significant potential for institutional investors.

Securities Appellate Tribunal (SAT) on Wednesday quashed regulator Sebi's order banning Future Retail chairperson Kishore Biyani and some other promoters from the securities market for one year in an insider trading case. Dismissing the Sebi's order, the appellate tribunal said that the entities did not trade in the shares of Future Retail Ltd (FRL) on the basis of unpublished price sensitive information (UPSI) relating to demerger as such information was already in the public domain through multiple media reports.

NEW DELHI : The Central Board of Direct Taxes (CBDT) has amended the Income Tax rules to liberalize the 'safe harbour' norms that allow multinational companies to avoid rigorous audit of their cross-border transactions by following certain requirements. The changes introduced through the Income-tax (Twenty-Ninth Amendment) Rules, 2023 will be effective from 1 April 2024, showed an official order. Cross-border transactions of MNCs among their group entities are an area tax authorities keep a close watch on due to the potential of these transactions for artificial shifting of profits from one jurisdiction to another.

cryptocurrency exchange filed for bankruptcy last year, Thomas Braziel, an investor who specializes in collapsed businesses, started brokering an unusual kind of transaction: a market to profit from FTX's downfall. Braziel put one of his clients in touch with a large financial firm that had lost nearly $100 million when FTX went under. Last December, the firm agreed to sell its claim in the FTX bankruptcy — essentially an IOU from the collapsed exchange — for 6 cents on the dollar, betting that it was better to collect some fast cash than wait years for the husk of FTX to start paying creditors back.

insurance. Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a January 19 expiry, was last trading higher by 1.39 per cent at ₹6,253 per bbl, having swung between ₹6160 and ₹6,289 per bbl during the session so far, against a previous close of ₹6,167 per barrel. -Oil pared some gains after weekly data from the US Energy Information Administration showed a surprise crude inventory build, larger than expected fuel stocks gains and record domestic oil production. -On Wednesday, Greece advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni waters.

But who are these Houthi rebels attacking ships in the Red Sea, what do they want? Let's take a deep dive into the crisis: Houthi rebels are backed by Iran. They seized Yemen's capital, Sanaa, in 2014, launching a grinding war. They are formally known as Ansar Allah, or the “partisans of God." As of now, the Yemeni rebel group controls the west of the country, including its Red Sea coast, the Guardian reported.

Travis Kelce is brushing off the criticism Taylor Swift faced during his recent game. On his «New Heights» podcast, the Kansas City Chiefs player discussed the varied responses from New England Patriots fans regarding his girlfriend's appearance at Gillette Stadium. «They showed Taylor at the game,» shared the 34-year-old tight end with his brother Jason Kelce on Wednesday.

India stint is seen as a big plus in their career graphs. It is not difficult to gauge why. This unique country/market can throw up unique challenges that can test the best.

It’s tempting to dismiss the outcome of COP28, the recent United Nations climate change conference in the United Arab Emirates, as mere verbiage, especially the “historic” UAE Consensus about transitioning away from fossil fuels. After all, this is the 28th such conference and the previous ones all pretty much came to nothing. On a chart showing the steady rise in global CO2emissions since 1950 you cannot spot when the 1997 Kyoto Protocol entered into force (2002), with its supposedly historic language binding developed countries to cap their CO2 emissions at five per cent below 1990 levels by 2012, which they didn’t do. The 2015 Paris Agreement also contained “historic” language that bound countries to further deep emission reductions. Yet the COP28 declaration begins with an admission that the parties are not on track for compliance.

The data revealed in the Parliament on Dec 19 showed that the total unclaimed deposits with banks amount to ₹42,270 crore in fiscal 2023, 28 percent higher than the last year data. 

camps in remote areas of the state to take on the Maoists. This was revealed by DGP Sunil K Bansal after inaugurating the strategy conference on left wing extremism here. «We have plans to set up 11 new COBs (Company Operation Base) of CRPF/BSF in remote areas as Maoists may unleash violence to make their presence felt,» Bansal said.

company managed by cricketer Sachin Tendulkar and his wife Anjali Tendulkar has picked up two apartments through a lease agreement on Mount Mary Road in Mumbai’s Bandra suburb. While the exact tenure of the lease agreements is not known, the company will be paying rentals of Rs 10.83 lakh per month.

inflation. The Conference Board’s index increased to 110.7 in December from a revised 101 reading in November, data published Wednesday showed. The median estimate in a Bloomberg survey of forecasters called for a 104.5 reading.

President Joe Biden will use a visit to Milwaukee to highlight a surge in federal support for Black and Latino-owned businesses

Inflation in the U.K. as measured by the consumer prices index has eased back to its lowest level in more than two years

Hidden inside the foundation of popular artificial intelligence image-generators are thousands of images of child sexual abuse, according to a new report that urges companies to take action to address a harmful flaw in the technology they built

Parents of children who posted sky-high blood lead levels after eating potentially tainted apple cinnamon fruit puree pouches are worried about their kids' futures

American consumers are feeling more confident than they have since summer, good news for businesses with the all-important holiday shopping season peaking