Southern Financial News

Investigators say a blast that prompted evacuations near Union Pacific's massive railyard in western Nebraska last week appears to be accidental

Stocks that are trading heavily or have substantial price changes on Tuesday: Hanesbrands, United States Steel rise; Block, Rocket Lab fall

Kashmir police have called off the seven-day long operation in Kokernag area of Anantnag in southern Kashmir on Tuesday. Two militants, including an LeT commander, three army men and a police officer were killed here. Additional Director General of Police of Kashmir, Vijay Kumar, reached the encounter spot along with GoC Chinar Corps, Lt Gen Rajiv Ghai, to review the situation on the ground.

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Tuesday charged Concord Management and its owner with failing to register with regulators while operating as an investment adviser to an unidentified billionaire former Russian official.

Nipah virus infection were reported in the state. “Even ICMR could not provide a clear answer as to why Nipah cases are being reported from Kozhikode district…It is under control but threat is not over yet. Health experts are of the opinion that the possibility of a second wave is very remote but cannot be completely ruled out," said Vijayan.

In an exclusive interview with Sanjeev Sinha, Mr Neeraj K Mishra, Executive Director, Ganga Realty, talks about the growth prospects of luxury housing in Gurugram and shares his business outlook. Excerpts:

President Joe Biden has told a packed Broadway theater full of big-name stars hosting a fundraiser in his honor that he is running for reelection because Donald Trump was determined to destroy the nation

Norfolk Southern announced new details Monday about its plan to compensate East Palestine residents for lost home values since the fiery derailment disrupted life in the eastern Ohio town in February

Railroad unions are calling for a review following the death of a worker who died over the weekend after he was struck by a remote-controlled train in a CSX railyard in Ohio

Two cargo ships have arrived in one of Ukraine’s ports this weekend, using a temporary Black Sea corridor established by the government

Maharashtra government has restricted sugarcane farmers from selling their produce outside the state in a bid to ensure that there is enough cane for the state’s mills to run at maximum capacity. Erratic rainfall this year has led to a drought-like situation in Maharashtra, the country’s second-largest sugar producer, and it is likely to see a big drop in sugarcane yield. Lower availability of cane leads to competition among sugar factories for the crop, resulting in mills poaching cane in each other's jurisdiction. Farmers prefer to sell their sugarcane to the mills that pay higher prices. The Maharashtra State Cooperative Sugar Factories Federation, also known as the Sakhar Sangh, the apex body representing the co-operative sugar mills from the state had written to the state government about the need to take measures to ensure availability of sugarcane for the state’s sugar mills. «The co-operative sugar mills from the state are likely to face an acute shortage of sugarcane, which can reduce the number of days for which they can operate,» said the Sakhar Sangh in a letter to the government.

Singapore’s Changi Airport without a passport, as part of changes to the city-state’s immigration law that allows for end-to-end biometric clearance. From the first half of 2024, biometrics will be used for authentication at various automated steps in the departure process, from bag-drop to immigration and boarding, communications minister Josephine Teo said in parliament Monday. “This will reduce the need for passengers to repeatedly present their travel documents at these touchpoints, allowing for more seamless and convenient processing,” Teo said. The changes come as the number of travelers to the financial hub is expected to rebound to pre-pandemic levels by next year, and continue to increase thereafter. Singapore is currently building its fifth airport terminal, while its high-speed rail linkage with Malaysia’s southern state of Johor is expected to be ready in a few years. “Our immigration systems must be able to manage this high and growing volume of travelers efficiently and provide a positive clearance experience, while ensuring our security,” Teo said. Ranked the best airport in the world, Changi handled 5.12 million passengers in June, crossing the five million mark for the first time since January 2020 when the pandemic hit.

Sai Silks Kalamandir (SSKL) is an ethnic apparel retail chain in Southern India with 54 stores across 12 cities. The funds raised are to be used for working capital required towards store expansion and debt repayment. The promoter families are diluting 15% of their stake in this IPO.Business Established in 2005 by a software engineer, SSKL is among the top ten apparel retailers, particularly sarees, having presence in South India.

By David Shepardson

Tamil Nadu. However, on Monday, senior AIADMK leader D Jayaram announced that they are snapping ties with Prime Minister Narendra Modi's party. This brought an end to an unending bickering between the AIADMK and the BJP that ensued in the previous few days.

China’s giant housing industry is lurching into a new crisis that threatens to be the country’s worst yet. Two years ago, the debt-laden developer China Evergrande Group spiraled into insolvency, bursting the country’s real-estate bubble and setting off a chain of developer defaults and business losses. The industry’s troubles have dragged down China’s economy.

Lok Sabha Elections. Senior AIADMK leader D Jayakumar, lashing out at BJP state chief K Annamalai for his criticism of Dravidian stalwart C N Annadurai, said his party workers will not tolerate any affront to the late chief minister. He said while Annamalai had made critical remarks about AIADMK leaders including the late J Jayalalithaa, the party had sought that the BJP leader be restrained.

migrant workers. In 2008 candid reports about a devastating earthquake in the south-western province of Sichuan laid bare the failings of local officials. Some of this spirit lives on in commercially run publications such as Caixin, a magazine that focuses on business and economics (less politically sensitive topics).

run of very hot days should happen in July is, by itself, perhaps unsurprising. Two-thirds of the Earth’s land is in the northern hemisphere, and land warms up faster than water does, so northern summers are the hottest times of year for the planet as a whole. But the highest temperatures tend to come later in the season.

The $4.9 billion HumeLink transmission project is shaping up as the first big test of governments’ will to progress difficult projects needed for the energy transition, says a key adviser to the NSW government.

HONG KONG (Reuters) -Shares of embattled developer China Evergrande (HK:3333) Group plunged 25% on Monday after police detained some staff at its wealth management unit, suggesting a new investigation that could add to the property company's woes.