Southern Financial News

Hamas named its Gaza leader Yahya Sinwar as successor to former political chief Ismail Haniyeh, who was assassinated in Tehran last week, the group said on Tuesday, in a move that reinforces the radical path pursued since the Oct. 7 attack on Israel. Sinwar, the architect of the most devastating attack on Israel in decades, has been in hiding in Gaza, defying Israeli attempts to kill him since the start of the war. «The Islamic Resistance Movement Hamas announces the selection of Commander Yahya Sinwar as the head of the political bureau of the movement, succeeding the martyr Commander Ismail Haniyeh, may Allah have mercy on him,» the movement said in a brief statement.

CSX railroad’s second quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse that disrupted coal exports

The notoriously chilly East Antarctica is currently seeing considerably higher-than-normal temperatures, according to recent research. The usual range of minus 58 to minus 76 degrees Fahrenheit has not held, with temperatures instead reaching minus 13 to minus 22 degrees Fahrenheit. These temperatures are far warmer than average for the Antarctic winter, even if it is still very cold.

Dispatches of passenger vehicles last month, though, declined by about 2% with automakers limiting wholesales amid elevated stock levels in the market. As per industry estimates inventory of passenger vehicles in the channel stands at 407,000 units. Dealers peg the numbers higher and said car stocks in the network range between 67-72 days. Auto retailers body FADA (Federation of Automobile Dealers Associations), however, expect good retails in the upcoming festive season. Challenges though remain due to high stocks in the passenger vehicle segment, weak consumer sentiments in certain areas stemming from economic uncertainties and uneven spread of the monsoons.

Ukraine on Sunday announced the mandatory evacuation of children and their guardians from areas in the Donetsk region, where Russia has been claiming advances. Just hours earlier, Russia said its forces had seized a nearby village, after claiming a string of villages in recent weeks — many just consisting of a few streets. «The enemy is bombing the towns and villages of these communities every day, so it was decided to evacuate children with their parents or other legal representatives,» Donetsk governor Vadym Filashkin said, listing the towns and villages to be evacuated.

In response, the Pune District Magistrate requested the deployment of an Army column to support the evacuation and relief operations. The Army's role included assisting with the evacuation of residents from Dwarka Society on Sinhgad Road, a part of the Ekta Nagar area where water levels had risen significantly. The deployment comprised over 100 personnel, including infantry troops, an engineer task force from the Bombay Engineers Group, and medical staff. The team was equipped with rescue boats, quadcopters, and other essential tools to manage the emergency and aid affected communities. The relief efforts came as a result of continuous heavy rainfall, which had already caused flooding in various parts of the district, including residential areas along the Mutha River.

rockets were fired from southern Lebanon towards Israel on Sunday (local time), SKY News reported, citing Israeli media reports. Videos showed Israel's Iron Dome defence system being activated over the area. Hezbollah said in a statement that it attacked a new Israeli settlement, Beit Hillel, with rockets. This is in response to Israel's attacks on Palestinian villages in Gaza, which hurt civilians. Hezbollah is supporting the Palestinian people and their resistance.

Mizoram and Assam governments will be held in Aizawl on August 9 to find a lasting solution to the vexed inter-state border dispute between two states. A senior official of the Mizoram Home Department said that Home Minister K. Sapdanga would lead the state’s delegation while the Assam delegation would be headed by the state’s Border Protection and Development Minister Atul Bora. Due to the Assembly election in Mizoram in November last year and Lok Sabha elections in April-June, the pending meeting between the two states could not be held for a long time, the official said.

migrant labourers from the state, currently stranded in landslide-hit Wayanad district in Kerala, the Trinamool Congress said on Saturday. In a post on X with the caption 'Didi aachen sakaler sange, sakaler pase (Didi is with everyone, remains on the side of everyone)', the ruling party in West Bengal said the state government is ensuring that the stranded workers get all the support. «GoWB is ensuring that migrant workers stranded in landslide-hit Wayanad, Kerala receive all the support they need. Our Hon'ble CM @MamataOfficial is leading efforts to bring them safely back to Bengal. In their hour of need, we stand united and strong!,» the TMC said. State Labour Minister Moloy Ghatak informed the assembly on Friday that 242 migrant labourers from the state are stranded in the landslide-hit Wayanad district.

Crippling drought from a nearly rainless year, along with record-high temperatures, is stressing farmers on the Italian island of Sicily

The basement of Scott Saxberg’s childhood home in Winnipeg was emblematic of a mid-1970s’ household whose most senior member, Mervyn, played a ton of hockey, as did his two sons.

Warehouse space take up during H1 2024 witnessed an absorption of 16.6 Mn sq ft, an increase of 8% over the same period a year ago.

Indian Embassy in Lebanon has advised Indians to avoid all non-essential travel to Lebanon. They have been advised to exercise caution, restrict movements and remain in contact with Indian Embassy in Beirut.

Hamas leader Ismail Haniyeh was assassinated in the Iranian capital Tehran early on Wednesday morning, an attack that drew threats of revenge on Israel and fuelled further concern that the conflict in Gaza was turning into a wider Middle East war.

Israeli military spokesperson Daniel Hagari said the target of the strike, Fouad Shukur, was behind the Saturday rocket attack on the town of Majdal Shams that killed 12 young people in the Israeli-occupied Golan Heights of Syria.Hezbollah, which denied it was behind the Majdal Shams attack, didn't confirm that Shukur was the target of Tuesday's airstrike or that he was killed. If Israel's claim proves true, Shukur would be the most senior Hezbollah commander to be killed since 2016, when Mustafa Badreddine, the group's military commander in Syria, died in an explosion in the Syrian capital of Damascus.The Israeli military said that Shukur had directed Hezbollah's attacks on Israel since October 8, after the Israel-Hamas war erupted, and that he was also involved in “the killing of numerous Israelis and foreign nationals over the years." It said Shukur was responsible for the majority of Hezbollah's most advanced weaponry, including guided missiles, cruise missiles, anti-ship missiles, long-range rockets and UAVs.The 62-year-old, secretive Shukur was in charge of Hezbollah's forces in southern Lebanon along the border with Israel as well as being a top official in the group's missile program.He had been a close aide to Hezbollah's top military chief, Imad Mughniyeh, who was assassinated in 2008 by a car bomb in Damascus.

People who live near East Palestine

Like many Mediterranean islands, people in Sicily are used to long spells without rain, but human-caused climate change has made weather more erratic, and droughts can be longer and more frequent

The progress of the monsoon is a crucial near-term trigger for equity investors as it has a bearing on various macroeconomic parameters such as food inflation and rural demand. It also has consequences for companies in the automobile, fast-moving consumer goods (FMCG) and paints sectors, all of which have significant exposure to rural markets.

Stocks that traded heavily or had substantial price changes on Friday: Newell Brands, 3M rise; Saia, DexCom fall

Small date palm ranch owners in Southern California’s Coachella Valley have been petitioning for permission to host special events ranging from quinceañeras to weddings on their properties