Southern Financial News

Saudi Arabia on Sunday called for regional «stability», warning of the effects of the ongoing Israel-Hamas war on global economic sentiment at the start of a summit attended by a host of Gaza mediators. US Secretary of State Antony Blinken, Palestinian leaders and high-ranking officials from other countries trying to broker a ceasefire between Israel and Hamas are on the guest list for the summit in Riyadh, capital of the world's biggest crude oil exporter.

Dubai International Airport, the world's busiest for international travel, will move its operations to the city-state's second, sprawling airfield in its southern desert reaches «within the next 10 years» in a project worth nearly $35 billion, its ruler said Sunday. Sheikh Mohammed bin Rashid Al Maktoum's announcement marks the latest chapter in the rebound of its long-haul carrier Emirates after the coronavirus pandemic grounded international travel. Plans have been on the books for years to move the operations of the airport known as DXB to Al Maktoum International Airport at Dubai World Central which had also been delayed by the repercussions of the sheikhdom's 2009 economic crisis. «We are building a new project for future generations, ensuring continuous and stable development for our children and their children in turn,» Sheikh Mohammed said in an online statement. «Dubai will be the world's airport, its port, its urban hub and its new global center.»

Top Events of the Day: PM Modi back-to-back rallies in Karnataka; IMD heatwave alert, IPL 2024 match and more PM Modi's complete schedule here: Belagavi: Modi will start his day by addressing a public meeting at 10 a.m. Sirsi, Uttara Kannada: He will then travel to Sirsi to speak at another public meeting at noon. Davanagere: Modi's final event will be an election rally in Davanagere, beginning at 2 p.m.

tornado that struck Guangzhou, in southern China, reported CNN, citing Chinese state media. Guangzhou, a city of 19 million people in southern China, has been witnessing tornadoes at level-three intensity, two below the highest level of five.

Mattala Rajapaksa International Airport for 30 years. The airport is near Hambantota, where China operates a port on lease. The airport, built at a cost of $209 million, was once dubbed the «world's emptiest airport» because of a lack of flights. It is strategically located close to the Hambantota port on the southern coast of Sri Lanka.

Telangana Chief Minister A Revanth Reddy on Saturday claimed that the BJP is conspiring to change the Constitution and abolish reservations in the country and that Prime Minister Narendra Modi and Home Minister Amit Shah are doing a "surgical strike" on SC, ST and OBCs. The RSS, when it was founded in 1925, had decided to announce the nation as a «Hindu country» and to scrap the reservations in 100 years (by 2025), he claimed. «The reason for (BJP's slogan of) '400 paar' (above 400) is because they want to change the Constitution completely, abolish reservations and make India free of reservations,» he told reporters here. «Narendra Modi and Amit Shah are doing a 'surgical strike' on the natives of this country, the Dalits, STs and OBCs.They (BJP) have decided to make this elections as the ground for their surgical strike,» Reddy said.

Hamas released video on Saturday of two men held hostage in Gaza and seen alive in the footage. Campaign group the Hostages and Missing Families Forum identified the two in a statement as Keith Siegel and Omri Miran who were abducted by militants during the Hamas attack in southern Israel on October 7.

NFL Draft 2024 was underway which began with Caleb Williams being the No.1 pick for the Chicago Bears, who were scheduled to make the first call. According to a previous ET report, the former Southern California quarterback will ink a deal of four years worth $38.5 million, including a signing bonus of $24.8 million and the option of extending the contract for the fifth year.

North India are less likely to happen amidst an increase in thunderstorm activities. Speaking with ANI, Soma Sen Roy said, «Yesterday (April 26), we observed thunderstorm activities, especially in North-West India… There have been quite strong winds blowing. In states like Haryana, Madhya Pradesh, and Rajasthan, we witnessed hailstorm activities.» The scientist explained that due to these thunderstorm activities, the chances of heatwave conditions are less likely to happen. «Due to these thunderstorm activities, there is a drop in temperature and there can be a decrease of 4 degrees to 5 degree Celsius and therefore, the chances of heatwave conditions in North India are less likely to happen,» she said

Acting U.S. Labor Secretary Julie Su says workers at southern auto plants should be free to unionize without employer or political interference, even as some southern states pass new laws meant to inhibit organized labor

BNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline

Native American tribes and environmentalists want a U.S. appeals court to weigh in on their request to halt construction along part of a $10 billion energy transmission line

major railroads promised to join after last year's disastrous Norfolk Southern derailment in Ohio. “Rail workers deserve to know they’re safe when they’re on the job — and if they experience anything that compromises their safety, they should be able to report it without worrying if their job is in jeopardy," said Transportation Secretary Pete Buttigieg.

NEW DELHI : Water level in India’s 150 major reservoirs fell to 30% of their total storage capacity, with eastern and southern India seeing levels depleting rapidly owing to severe heatwave. While 26 reservoirs have 50% of normal water storage capacity, the level in reservoirs of eastern and southern regions has dropped to as low as 39% and 17%, respectively, as per the bulletin released by the Central Water Commission on Thursday.

A technical problem caused aviation authorities in Norway to temporarily close the airspace over the south of the country, leading to significant delays at Oslo airport

A top European Union top military officer says a frigate that’s part of an EU mission in the Red Sea to protect merchant shipping has destroyed a drone launched from an area in Yemen controlled by Houthi rebels

Madhya Bharat Agro Products Ltd.(up 4.29%), Krishana Phoschem Ltd.(up 4.15%), Coromandel International Ltd.(up 2.23%), Chambal Fertilisers & Chemicals Ltd.(up 1.66%), Bohra Industries Ltd.(up 1.61%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.57%), Nagarjuna Fertilizers and Chemicals Ltd.(up 1.41%), The Fertilisers and Chemicals Travancore Ltd.(up 0.81%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.19%) and Rama Phosphates Ltd.(up 0.09%) stood among the top gainers.

WASHINGTON—U.S. troops plan to start assembling a floating pier off the coast of northern Gaza as early as this weekend, American defense officials said, part of an effort by the Biden administration to get more aid into the besieged enclave ahead of Israel’s planned invasion of the city of Rafah. But US officials warned that they didn’t expect the pier to supplant deliveries across Gaza’s land borders, which the United Nations has said is the most efficient way to get humanitarian aid into the strip.

B. Ramachandran now prefers living in the smaller cities than the major tech hubs of Bengaluru and Chennai. After the pandemic, the 47-year-old moved to Madurai, a temple town in the southern state of Tamil Nadu. He has no plans to leave his hometown, saying the chance to live with his ageing mother while working for New York-based technology services firm Genpact is a «blessing».

HD Deve Gowda's popular cardiologist son-in-law CN Majunath for the Bangalore Rural constituency. Bengaluru South will witness a tough battle of the influential Vokkaliga families in the Congress bastion, that has been won by DK Suresh since 2013.

a $600 million settlement over the disastrous February 2023 Ohio derailment there were few surprises in Wednesday’s numbers. Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter.