Show Financial News

Click here) Iraqi News Agency quoted a civil defence official who said that the wedding hall's exterior was decorated with highly flammable cladding that was illegal in the country. “The fire led to the collapse of parts of the hall as a result of the use of highly flammable, low-cost building materials that collapse within minutes when the fire breaks out," civil defense said.

SYDNEY (Reuters) — Australia's inflation picked up in August, driven by a surge in fuel prices, but the gain was in line with expectations, lessening any immediate pressure for the central bank to hike further.

By Leika Kihara

borrow ₹6.55 lakh crore from the market through dated securities in the second half of this financial year, staying with the budget estimate and indicating a comfortable fiscal situation for now. In the first half of 2023-24, the government announced ₹8.88 lakh crore market borrowing out of the full-year target of ₹15.43 lakh crore. The second half market borrowing will include a new 50-year security for the first time, the finance ministry said in a statement.

By Arathy Somasekhar

By Lisa Richwine and Dawn Chmielewski

Investing.com-- Oil prices rose slightly in Asian trade on Wednesday, extending a rebound from the prior session as the prospect of tighter supplies helped markets look past concerns over rising interest rates and their impact on the economy. 

Canara Bank and Punjab National Bank on Tuesday raised funds worth ₹8,000 crore through different sets of debt instruments. Canara Bank raised ₹5,000 crore through the issuance of 10-year infrastructure bonds at a coupon rate of 7.54%, sources said. The state-owned lender had announced a bond sale with a base size of ₹1,000 crore and a greenshoe of ₹4,000 crore. Last week, State Bank of India had raised ₹10,000 crore worth of funds through 15-year infrastructure bonds at a coupon of 7.49%, representing a spread of just 12 basis points over a comparable benchmark security as investors showed strong demand for the lender's debt. Meanwhile, Punjab National Bank raised ₹3,000 crore through the issuance of additional tier 1 (AT-1) bonds at a coupon rate of 8.59%.

Hamdaniya district in Iraq's Nineveh province that left civil defence searching the charred skeleton of a building for survivors into the early hours of Wednesday. Nineveh Deputy Governor Hassan al-Allaq told Reuters that 113 people had been confirmed dead, with state media putting the death toll at at least 100, with 150 people injured. The fire ripped through a large events hall in the north-eastern region after fireworks were lit during the celebration, local civil defence said, according to state media. «We saw the fire pulsating, coming out of the hall. Those who managed got out and those who didn't got stuck.

An engineering conglomerate owned by Berkshire Hathaway just won an initial victory in a lawsuit brought against the company over its 401(k) plan.

Gen V", which is the Boys Spinoff, is releasing on Prime Video. The Boys producers are involved in the creating the spinoff too.

The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.

Prime Minister Justin Trudeau’s announcement on Sept. 18 that, “Canadian security agencies have been actively pursuing credible allegations of a potential link between agents of the Government of India and the killing of a Canadian citizen, (Sikh separatist leader) Hardeep Singh Nijjar,” has blown up Canada’s relationship with India.

Records show that Mississippi announced financial incentives for a shipbuilder in 2020 days after the president of the shipbuilder’s parent company donated $10,000 to the governor's campaign fund

Amid the electric ambiance of strobe lights and an usually sweltering Parisian fall, Dior presented its spring/summer 2024 womenswear collection

(Reuters) — Target said on Tuesday it would close nine stores across four U.S. states, including California, citing that theft and organized retail crime was threatening the security of the retailer's employees and customers.

Elke Pascoe, founder and chief executive of infant formula group LittleOak Company, says it’s crucial that budding entrepreneurs let criticism bounce off them, and have the ability to “fiercely protect your dream”.

More than 145 people go missing in Australia every day. But attention is rarely given to the several thousand loved ones who have been left behind.

Wealth management professional Jeff Sica discusses concerning areas battering the American consumer on Varney & Co.

NEW DELHI : While the Indian film industry is showing signs of recovery, high ticket prices in multiplexes, particularly for big-budget releases such as Jawan, are a point of concern given the possible impact on the movies’ earnings, especially in small towns of north India. Unlike south India, where ticket prices are capped, no such restriction exists in the Hindi-speaking belt.

₹109,675.40, ₹40,830.20, and ₹39,090.85, respectively, on the BSE on Tuesday. A steep price puts many such stocks beyond the reach of a large number of small investors. However, the committee’s proposal to allow fractional shares was specific to the context of issuing fresh capital.