Southern Financial News

DUBAI (Reuters) — Sporadic protests continued in Iran on Sunday amid a widespread crackdown by security forces a year after a young Kurdish woman's death in custody set off some of the worst political unrest in four decades.

BEIJING (Reuters) — Police in southern China have detained some staff at China Evergrande (HK:3333) Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes.

California lawmakers have finished their work for 2023

Police in a southern Chinese city say they have detained some staff at China Evergrande Group’s wealth management unit in the latest trouble for the heavily indebted developer

Norfolk Southern's CEO pledged to continue working to improve safety after the consultant the railroad hired after the fiery Ohio derailment in February recommended making sure that safety is truly a priority at all levels and continuing many of the ef...

The India Meteorological Department (IMD) has forecast rainfall alert for several states including Gujarat, Rajasthan, Madhya Pradesh, Konkan area, Goa and parts of Maharashtra. It also predicted scattered to fairly widespread rainfall over Uttarakhand, Punjab, Haryana and Uttar Pradesh.

NASA. The scorching heat waves experienced in North America, Europe, Asia, and other regions are attributed to human-induced global warming, compounded by the recurring climate phenomenon known as El Niño. NASA's analysis reveals that August 2023 was exceptionally hot, with temperatures 2.2 degrees Fahrenheit (1.2 degrees Celsius) above the average for summer. This extreme heatwave affected a staggering 57 million people in the southern and southwestern United States, reaching the highest category of severity. When considering the combined temperatures for June, July, and August, they were 0.41 degrees Fahrenheit (0.23 degrees Celsius) warmer than all previous summers. This alarming increase underscores the growing impact of global warming on the climate. In fact, NASA scientists confirmed that July 2023 was the hottest July on record, with the last five hottest Julys occurring within the past five years.

In the era of financial digitalization, the Chainalysis Global Crypto Adoption Index for 2023 stands as a pivotal resource, charting the nuanced ways countries are embracing cryptocurrency based on their unique socio-economic factors. 

Nipah virus has been reported in Kerala, triggering a panic in the southern state of India. Nipah virus is caused by fruit bats and is potentially fatal to humans as well as animals. Along with respiratory illness, it is also known to cause fever, muscular pain, headache, fever, dizziness, and nausea.

NEW DELHI : Noida-headquartered contract manufacturing firm, Dixon Technologies (India) Ltd, is in the process of inaugurating the setting up of a 1 million square-foot assembly facility for Chinese electronics brand Xiaomi, two people with knowledge of the matter told Mint. This will be one of two such new facilities by Dixon, the second of which is expected in one of the southern Indian states—and could cater to demand from other brands and product categories.

Attorneys for 10 states and some Louisiana local governments hope a federal judge will block a new system for calculating rates for federal flood insurance

Contract talks that could end Hollywood’s writers strike are set to resume next week

Oregon has taken an unprecedented step in offering psilocybin, also known as magic mushrooms, to the public

Oregon has taken an unprecedented step in offering psilocybin, also known as magic mushrooms, to the public

Nebraska authorities don't expect any lingering problems related to Thursday's explosion of a railroad shipping container carrying an acid used to make explosives because the chemical largely burned off and any residue was contained

MILAN (Reuters) — Unions called for a one-day strike at Stellantis (NYSE:STLA)' Melfi plant in southern Italy on Sept. 18 over lack of details by the carmaker about the new models to be produced there, a union representative said on Friday.

Authorities in southern India scaled up efforts to contain an outbreak of Nipah virus after two people died of the disease, which originates in animals and can in severe cases cause respiratory illness and fatal brain swelling. The second person died early this week, a Kerala health official said on Friday, while four more, including a child, have tested positive and remain under treatment. Earlier, one person died of the virus, on Aug.

WASHINGTON—Four months after President Biden switched strategies to stem illegal crossings at the southern border, the new plan isn’t working. Border crossings from Mexico into the U.S. are on the rise again after an unexpected drop in May and June, when the administration ended its use of the pandemic-era measure known as Title 42 and replaced it with a new set of policies it said would work as a better deterrent.

The new leader of the Atlanta Journal-Constitution wants to increase the publication’s digital subscribers more than eightfold by the end of 2026, an ambitious goal he aims to reach through expanded local-news coverage and new products. “In the last 5-10 years, we’ve just focused on Atlanta," said Andrew Morse, a former CNN digital executive who took over as the Atlanta Journal-Constitution’s new president and publisher in January.

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.

Hollywood's writers strike are set to resume next week, studios said on Thursday. The Alliance of Motion Picture and Television Producers, which represents the industry's studios, streaming services and production companies in union negotiations, said in a statement that they had reached out to the Writers Guild of America on Wednesday and the two sides agreed to resume negotiations next week. Leaders are still working out the details, the statement said, and no further specifics were provided. «Every member company of the AMPTP is committed and eager to reach a fair deal, and to working together with the WGA to end the strike,» the statement said. There are no talks yet planned to settle the actors strike. Writers have been on strike for 4 1/2 months over issues including pay, job security and regulating the use of artificial intelligence. A previous attempt to restart talks fell flat.