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A Minnesota iron foundry has been violating air emissions laws for at least five years, but the state agency responsible for enforcing air permits didn’t take action against the company

The 13 largest U.S. tire manufacturers are facing a lawsuit from a pair of California commercial fishing organizations that could force the companies to stop using a chemical found in almost every tire because it kills migrating salmon

Close to 400 people connected to fossil fuel industries in some way or another attended last year’s United Nations climate talks in Egypt

Good yield: Currently, the yield on US government securities of various maturities, such as 1, 2, 3, 5, 7, and 10-year, is in the 4.5% to 5.5% range. These are attractive yields when compared to yields on these securities in the past. These yields were last seen in 2007-08, which was 15 years back.

Diwali as meteorological conditions are likely to become slightly favourable. The city's Air Quality Index (AQI) was at 420 at 8 am on Thursday, tad lower than 426 at 4 pm on Wednesday.

Costume Institute's 2024 exhibition and gala, the fashion world's party of the year — 'Sleeping Beauties: Reawakening Fashion.' Every year, the Met Gala draws a who's who of A-listers from the worlds of fashion, film, politics and sports — a list tightly curated by Vogue editor-in-chief Anna Wintour. Next year, the party will take place in Manhattan on May 6 to celebrate the opening of the exhibition, which the public can view from May 10 through September 2. Both are cosponsored by popular video sharing app TikTok. The sweeping and immersive exhibition will feature about 250 garments and accessories spanning four centuries, from the Costume Institute's vast archives of 33,000 pieces — from a 17th century embroidered jacket to an Alexander McQueen gown from spring-summer 2001 made of shells. «Using the natural world as a uniting visual metaphor for the transience of fashion, the show will explore cyclical themes of rebirth and renewal, breathing new life into these storied objects,» the Met said. Costume Institute curator Andrew Bolton explained that when items enter the museum's collection, «it can't be worn, obviously.

Siddhartha Khemka, V-P, Head of Research (Retail), MOFSL, says “the passenger vehicle segment within the auto universe has been consistently doing well. But of late, we have seen good recovery especially in the festive season, where demand for some of the two-wheelers have been pretty strong and some of the niche players have reported good numbers like Eicher. But the foray into EVs is helping companies like TVS Motors to show a stronger growth. In the two-wheeler space in terms of valuations, Hero Moto continues to trade at a steep discount to something like Bajaj Auto and Eicher.” How are you seeing this QSR space develop and how do you see this moving because the trend of burgers versus pizza seems to be continuing even as of now. Plus, you do have those factors coming in from food inflation at some point of time as well. So, overall, in this QSR space, anything that you find attractive or what are you looking at here? Yes, definitely, there has been a case in the last few quarters where there is a clear-cut differentiation between the pizzas and the burgers.

Pratik Gupta, CEO & Co-Head, Kotak Institutional Equities, says what the market is liking is the fact that new age tech companies are turning profitable or staying profitable in some cases and the profit margins, EBITDA margins, contribution margins are improving. So that's actually a positive. We think structurally over the next three to five years, this is a good theme. In a couple of cases, unfortunately, these stocks have gone up very sharply. So there could be a near-term pause, but by and large, we are quite constructive on most of the new age companies, the listed ones.” The best could be behind at least for the near term in spaces like defence and railways, which did get pretty frothy about two months back. Yes, I would agree. I think you have got to be a bit careful in those spaces. The stocks have had a very nice run up. They are extrapolating whatever has happened in the last one or two quarters. And that I think is a bit dangerous.

“The 3Cs, namely, capex, credit growth, and consumption (more so discretionary, upper end and luxury) are themes which must find a way to get into the portfolio of investors,” says Devang Mehta, Director – Equity Advisory, Spark Capital Private Wealth Management. In an interview with ETMarkets, Mehta said: “4Fs — Financialisation, Formalisation, Fiscal expenditure by the government & Farm income growth are the themes which will play out in an economic upturn and select sector and companies who are part of this theme will show robust growth and profitability,” Edited excerpts: The festive season has begun, and we are seeing signs of stabalisation as volatility has reduced. How are you looking at markets? India's festive season usually runs for several weeks until Diwali with millions of Indians binging on food, gifts, and home improvements.

Day trading guide for stock market today: After showing an upside recovery from the intraday lows on Tuesday, Indian stock market shifted into a gradual upside move with range bound action on Wednesday. Nifty 50 index and BSE Sensex eneded marginally higher whereas Bank Nifty index finished in red territory. The 50-stock index Nifty ended 36 points higher at 19,443 levels whereas 30-stock index Sensex closed 33 points higher at 64,975 mark.

US Federal Reserve officials and softer labor data led to growing expectations the central bank had reached the end of its rate-hike cycle. On Wednesday, the domestic equity markets closed with nominal gains amid mixed global cues. The Sensex ended 33.21 points, or 0.05%, higher at 64,975.61, while the Nifty 50 gained 36.80 points, or 0.19%, to settle at 19,443.50.

Power Finance Corporation: State-owned Power Finance Corporation (PFC) on Wednesday posted a nearly 27% rise in its consolidated net profit to ₹6,628.17 crore in the July-September quarter compared to a year ago. The consolidated net profit of the company was ₹5,229.33 crore in the quarter ended on September 30, 2022, a BSE filing showed. Total income rose to ₹22,403.69 crore in the quarter from ₹19,344.39 crore in the same period a year ago.

Trump sought to buy a Florida golf course in 2011, his daughter Ivanka expressed concern that he was not wealthy enough to close the deal, according to evidence presented Wednesday in a civil fraud trial that threatens the former U.S. president's business empire. The emails and other documents were presented as New York state lawyers wrapped up their case, which argues that Trump and his company inflated his net worth by as much as $2.2 billion to win better financing terms. They are seeking more than $250 million in penalties and restrictions that could strip Trump of some of his best known trophy properties. Testifying as the state's final witness, Ivanka Trump sought to distance herself from the questionable valuation methods that have already been ruled fraudulent by the judge overseeing the trial.

Oil prices edged up on Thursday as markets shrugged off deflationary indicators in China and looked for further clues on the status of demand from the world's two biggest oil consumers. Brent crude futures rose 62 cents, or 0.8%, to $80.16 a barrel by 0145 GMT. U.S.

Global Capability Centres (GCC) are bucking the broader industry’s hiring downtrend. This year, GCC hiring could climb up to 30% from last year, with four out of five facilities adding jobs, data accessed by ET showed. Fresher hiring by GCCs will mainly benefit premier institutes, experts said. This comes as the top Mumbai-listed IT services companies, otherwise among the leading absorbers of fresh engineering and management talent, have decided to skip the campuses.

domestic mutual funds bought shares worth Rs 253.61 crore. With this, Honasa Consumer has emerged as the latest addition to the growing list of new-age stocks finding traction among domestic mutual funds. An analysis of shareholding patterns of new-age firms such as Zomato, Paytm, Delhivery, Nykaa and PB Fintech, showed mutual funds have increased their holdings in several of these companies slowly but significantly over the last four quarters.

It’s important, I think, that I occasionally remind readers of a fact that is supported by overwhelming quantitative evidence, and yet virtually ignored by a wide majority of economists (and central bankers): inflation is a consequence of the stock of money growing faster than real economic growth. Period.

By Tetsushi Kajimoto

Investing.com — Saudi Arabia and other oil producers can talk all they want about the so-called “demand” for oil. But the market isn’t buying it, sending global crude benchmark below $80 a barrel — the first time since July.

LOS ANGELES (Reuters) — The SAG-AFTRA actors' union reached a tentative agreement with Hollywood studios to resolve the second of two strikes that rocked the entertainment industry as workers demanded higher pay in the streaming TV era, the union said on Wednesday.

BEIJING (Reuters) — Tesla (NASDAQ:TSLA) Inc on Thursday said it raised prices on its refreshed Model 3 and Model Y long-range vehicles in China, starting Nov. 9.