Southern Financial News

Los Angeles County has 88 cities. Ten million people. Two hundred-plus languages spoken. And a nine-letter sign that, for much of the world, defines the entire region: HOLLYWOOD. Los Angeles has long been regarded as the global «company town» for show business, and as a rare actors strike upended the signature industry this week, the potential for cascading economic impacts across Southern California has emerged as a critical local issue. But economists disagree on just how extensively the simultaneous actors and writers strikes will be felt. Even by the most generous estimates, Hollywood has never supported more than about 5% of employment in a region where many more people work in trade, health care, government and even Southern California's diminished manufacturing sector. Yet Hollywood pervades Los Angeles life in ways as big as a movie backdrop or as small as a street detour on some awards night. For many, the ceased productions and darkened premieres are not just a threat to the flow of dollars to restaurants and retailers that cater to film crews, but also a blow to the region's cultural heart. «To the extent that Hollywood defines America's idea of where I live, Hollywood's troubles become my troubles,» said D.J. Waldie, a cultural historian in Southern California. «When Hollywood stops, a great many things stop here, and not just a few studios.»

Narendra Modi gifted a ‘sandalwood sitar’ to French President Emmanuel Macron during his two-day visit to France. This unique replica of a musical instrument is an art of sandalwood carving that has been practised in Southern India for centuries. This decorative Sitar carries images of Goddess Saraswati, holding the musical instrument called the Sitar (Veena), the Goddess of knowledge, music, art, speech, wisdom, and learning, as well as the image of Lord Ganesha, the remover of obstacles.

By Deborah Kyvrikosaios and Liliana Salgado

Russian President Vladimir Putin said the Wagner paramilitary group led by Yevgeny Prigozhin “simply doesn’t exist," as he moves to dismantle an organization that was critical to Moscow’s war effort in Ukraine before it turned on the Russian establishment in a short-lived mutiny last month. Putin’s comments, in an interview published late Thursday in Russian newspaper Kommersant, came days after Russia’s Defense Ministry said it had taken control of Wagner tanks, artillery and guns after its involvement in the biggest challenge to Putin in his 23 years in power.

PEPE price predictions are turning bullish in dramatic fashion as the frog meme coin jumps 17% in value in the past 24 hours.

drone strike on Ukrainian President Volodymyr Zelenskiy's hometown, the central city of Kryvyi Rih, the regional governor said on Friday. The attack damaged a number of buildings in Kryvyi Rih but Ukraine's air force said 16 of the 17 Iranian-made Shahed attack drones launched by Russia overnight had been shot down in southern and eastern areas of the country.

₹90 per kilogram, as stated by the consumer affairs department. Amidst a significant increase in tomato prices across the country, the Central government directed agricultural marketing agencies NAFED and NCCF on 12 July to procure the vegetable immediately from mandis (wholesale markets) in key tomato-growing states such as Andhra Pradesh, Karnataka, and Maharashtra. The surge in tomato prices has been observed nationwide and is not limited to a specific region.

Sikko Industries(up 2.33%), Rama Phosphates(up 2.22%), Mangalore Chemicals & Fertilizers(up 1.91%), Madras Fertlizers(up 1.60%), ZUARIAGRO(up 1.25%), Nagarjuna Fertilizers & Chem(up 1.08%), Aries Agro(up 0.55%), Deepak Fertilizers & Petrochemicals(up 0.37%), Gujarat Narmada Valley Fertilizers (up 0.27%) and Agro Phos(up 0.15%) were among the top gainers. Bohra Industries(down 4.99%), Coromandel International(down 1.03%), Paradeep Phosphates(down 0.78%), Southern Petrochemicals Industries(down 0.44%), National Fertilizer(down 0.42%), Chambal Fertilisers & Chemicals(down 0.19%), Madhya Bharat Agro Products(down 0.19%), G S F C(down 0.15%) and KRISHANA(down 0.03%) were among the top losers.

Arunachal Pradesh as an integral part of India. The resolution was introduced by Senators Jeff Merkley, Bill Hagerty, Tim Kaine and Chris Van Hollen on Thursday.

New Delhi: The overall storage position in the country’s reservoirs stands at 59.503 billion cubic metres, lower than 69.726 BCM BCM during the corresponding period last year, according to the Central Water Commission.  The Central Water Commission (CWC) monitors the live storage status of 146 reservoirs in the country on a weekly basis. Out of these reservoirs, 18 are of hydro-electric projects with a total live storage capacity of 34.960 BCM.

Ranil Wickremesinghe's India trip on July 21 could lead to new arrangements across several sectors including power and energy, agriculture and maritime issues. Wickremesinghe, on his maiden trip to India in his current capacity, will be accompanied by three of his top ministers.

Retail inflation data released by the National Statistical Office this week shows a moderate rise in inflation to 4.81% in June from 4.3% last month. Despite this increase, the rate is within India’s tolerance band. But it is food inflation that is worrying, having climbed to 4.49% from 2.96%.

ICRA has recently published a research note on the domestic cotton spinning industry. The rating agency expects demand for the industry to improve by close to 10% in volume terms in FY2024 on a yearly basis, primarily gaining through a shift in preference away from Chinese cotton, and the expectations of demand improving for the spring-summer season in USA and EU regions.

Fertilizers & Chemicals Tranvancore(up 5.83%), Southern Petrochemicals Industries(up 1.83%), Madras Fertlizers(up 1.70%), Paradeep Phosphates(up 1.63%), Agro Phos(up 1.16%), Aries Agro(up 0.87%), Deepak Fertilizers & Petrochemicals(up 0.70%), Rashtriya Chemicals & Fertilizers(up 0.65%), G S F C(up 0.62%) and Sikko Industries(up 0.60%) were among the top gainers.Mangalore Chemicals & Fertilizers(down 1.15%), Gujarat Narmada Valley Fertilizers (down 0.67%) and Coromandel International(down 0.16%) were among the top losers. The NSE Nifty50 index was trading 161.7 points up at 19546.0, while the 30-share BSE Sensex was up 586.56 points at 65980.46 at around 10:19AM.

Laurentian Bank of Canada would likely attract interest from all of the major Canadian banks and could fetch around $2.6 billion if it puts itself up for sale, according to National Bank of Canada analyst Gabriel Dechaine.

The true origins of French fries are a subject of debate. While France has the earliest recorded mention of French fries in a Parisian book from 1775, Belgian food historian Pierre Leqluercq argues that a 1795 French cookbook contains a recipe similar to modern French fries. Belgium, however, seeks UNESCO recognition for its fries, tracing their roots back to 17th-century villagers who fried potatoes when they couldn't fish due to frozen rivers. The term «French» fries originated during World War I when U.S. soldiers encountered the dish in southern Belgium, where French is the dominant language. Burger King's Free Fries Dea

Spain is sweltering under an unrelenting heat wave as temperatures start to build toward what is forecast to be a torrid weekend across southern Europe

Captrust Financial Advisors has closed its fifth acquisition of the year and its third in Texas with the addition of Southern Wealth Management, a $2.3 billion RIA based in San Antonio.

Disgraced Theranos CEO Elizabeth Holmes apparently has been behaving well enough so far during her more than 11-year prison sentence for duping investors in her blood-testing hoax to be eligible for release nearly two years ahead of schedule, according...

The Guardian, parts of southern and western Europe are experiencing unusually high temperatures this year due to a large area of high pressure over the region, known as a blocking high This weather phenomenon is preventing the usual pattern of low-pressure systems moving eastwards from the Atlantic into Europe, leading to very dry and stable conditions. The report noted that this weather phenomenon causes warm air to be trapped under the blocking high, triggering a heat dome that acts like a lid, raising the temperature.

₹160 per kg in wholesale markets, while retail prices were hovering around ₹180-200. Tomatoes are grown across India but the southern and western regions of the country are the major producers, contributing approximately 56% to 58% of the country’s total production of the vegetable. The peak harvesting period for tomatoes is December to February, while July-August and October-November are lean months for production.