Southern Financial News

An Oregon jury has awarded $85 million to nine victims of wildfires that ravaged the state in 2020

ceasefire, but the framework plan is being held up by the two sides' differences over how to bring a permanent end to the Gaza war, three sources said. Intense mediation efforts led by Qatar, Washington and Egypt in recent weeks have focused on a phased approach to release different categories of Israeli hostages — starting with civilians and ending with soldiers — in return for a break in hostilities, the release of Palestinian prisoners and more aid to Gaza.

Madrid: Spain's high court on Tuesday ordered that a 17-year-old student suspected of having links to the militant Islamic State group and of planning to attack his high school be held on remand at a youth detention centre for at least six months. The student, a Syrian national, was arrested early on Monday in the southern town of Montellano near Seville, and has been charged with belonging to a terrorist organisation and possessing explosives. Jose Luis de Castro, the judge in charge of the court's section for minors, said in his order that "these felonies of enormous gravity" justified the pre-trial detention.

earthquakes were felt in the Delhi-National Capital Region after a quake struck northern India on Monday late night. An earthquake of 7.2 magnitude struck the Southern Xinjiang region at 11.29 IST, the National Centre for Seismology reported on X (formerly called Twitter) The quake was at a depth of 10 km (6.21 miles) Earlier on Saturday, an earthquake of 4.4 magnitude on the richer scale jolted Andaman and Nicobar island.

The CEO of a large-scale crypto Ponzi scheme known as IcomTech has been sentenced to five years in prison and ordered to forfeit $914,000 in criminal proceeds.

Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as vessels navigate the crucial trade route.

The disturbance is expected to traverse from the Four Corners region in the Southwest to the southern Plains, disseminating moisture northward across the area starting on Sunday. Stay informed and exercise caution as these weather conditions unfold, prioritizing safety during travel and outdoor activities, according to the FOX Forecast Center.

BJP's nationwide campaign «Shree Ram Janm-Bhoomi Darshan» on January 24, the party's Ayodhya district unit will have a challenging task to coordinate with 'Ram Bhakts' entering the holy city from the country's various states. The party's Ayodhya district unit is tasked to ensure proper welcome for all devotees in the holy city. Ahead of the 2024 Lok Sabha polls, the party apparently aims to touch the country's all parliamentary constituencies under the campaign «Shree Ram Janm-Bhoomi Darshan».

Narendra Modi on January 21 visited Arichalmunai, the southern tip of Tamil Nadu, as part of his Ramayana-connect tour in the state. The PM paid floral tributes at the seashore and engaged in 'pranayama' (breathing exercise), also offering prayers using the seawater. Track LIVE Updates here Modi, who spent the night in Rameswaram, journeyed to Arichalmunai, believed to be the location where Ram Setu was built.

oil market appears to be bracing for a weeks-long disruption to shipping in the southern Red Sea, where Houthi militants have for months been attacking merchant vessels in response to Israel's war in Gaza. Charters of tankers to haul crude and fuels — which for some vessels are arranged up to a month in advance — reveal growing numbers of the vessels are being hired for routes that will avoid the danger zone, according to shipowners, brokers and traders.

Prime Minister Narendra Modi will visit the Arichal Munai point, the point from where the Ram Setu was built, on Sunday morning, a day ahead of the Pran Pratishtha ceremony of Ram Lalla in Ayodhya. The Prime Minister is scheduled to visit the Ram Setu's origin point at 9:30 am. At 10:15 am, PM Modi will perform puja at Sri Kothandarama Swamy temple. The name Kothandarama means Rama with the bow.

Lok Sabha. The Indian Express cited sources as saying that the BJP offered the JD(S) three seats during the first round of talks held at the residence of Union Home Minister Amit Shah. ALSO READ: Mamata Banerjee refuses to discuss Bengal seat sharing with Congress ahead of Lok Sabha polls According to the report, the BJP offered the HD Kumarawamy's party Hassan and Mandya seats.

By Nidal al-Mughrabi and Fadi Shana

southern Gaza Strip threatened the few healthcare facilities still open, Reuters reported. The Red Crescent said displaced people were injured due to intense gunfire from the Israeli drones targeting citizens at Al-Amal Hospital as well as the rescue agency's base. In the same city, Israeli tanks were also approaching Gaza's biggest remaining functioning hospital, Nasser, where people reported hearing hellfire from the west.

Hezbollah on Friday warned Israel would «receive a real slap in the face» if it expanded the conflict along the Lebanon-Israel border. Since the surprise October 7 attack by Hamas on southern Israel, there have been near daily exchanges of cross-border fire between the Israeli army and Hezbollah, an ally of the Palestinian militants. Israel has repeatedly bombarded border villages, with the violence killing more than 195 people in Lebanon, including at least 142 Hezbollah fighters, according to an AFP tally. On the Israeli side, 15 people have been killed, of whom nine were soldiers and six civilians, according to the Israeli army. «If Israel decides to expand its aggression, it will receive a real slap in the face in response,» Hezbollah's number two, Naim Qassem, said in a statement. Any restoration of stability on the border is contingent on «the end of the aggression in Gaza», he added. «The enemy must know the party is ready, that we are preparing based on the principle that an endless aggression can happen, just like our will to push back the aggression is infinite.» His remarks came after Israeli air strikes «completely destroyed» at least three houses in southern Lebanon on Friday, the official Lebanese news agency NNA and the mayor of the affected border community said. The agency reported four houses were targeted «since this morning by the Israeli air force in Kfar Kila», a village near the Israel-Lebanon border, while three were «completely destroyed». A fifth home was also targeted by artillery fire, NNA said. The Israeli army said on Friday it had «conducted air strikes and carried out artillery and tank fire against Hezbollah observation posts and terrorist infrastructure» in the Kfar Kila

Georgia Gov. Brian Kemp is telling world business leaders that the state must increase its supply of electricity produced without burning fossil fuels to meet industries’ demand for clean energy

Captrust Financial Advisors acquired a Texas wealth management firm, Engrave Wealth Partners, that oversees $770 million in client assets, it announced Thursday.

India’s newest airline says it will buy 150 Boeing 737 Max aircraft, in the first major announced sale for the manufacturer since a panel blew out of another Max model in midflight earlier this month

₹19 month-month (m-o-m) to ₹359 a bag, said an analyst from Nomura Financial Advisory and Securities (India) after interacting with dealers recently. This means healthy prices seen in October and November have failed to sustain as weak demand conditions have led to partial rollbacks. Unseasonal rainfall in Tamil Nadu caused by cyclone Michaung in December end, delayed infrastructure spending by state governments in key markets of Kerala, Telangana and Karnataka and labour unavailability have weighed on the region’s demand growth and consequently, prices.

Binance customers are seeking approval from a Florida federal court to serve the world renowned soccer player Cristiano Ronaldo with the $1 billion proposed class action through the social media platform X, formerly Twitter.

quarter, helped by volume growth and a reduction in costs, said analysts. After clocking double-digit volume expansion in the first half of the year, growth of these companies in Oct-Dec is seen moderating to around 5-6% for most players due to elections in some states, a construction ban in the NCR region and shortage of labor. While the eastern region was an underperformer, northern markets have performed the best, followed by central India, Jefferies said in a pre-earnings note. Growth in Mumbai was average, while southern regions were weak in November-December, it said. Apart from the volume growth, a significant boost to earnings for cement-makers will come from a fall in input costs which is expected to be at its lowest level in seven quarters. Energy costs have seen a sharp decline with the average cost of petcoke down by nearly a fourth as compared to the previous year, while prices of international coal have plunged by more than 60%, Anand Rathi Shares and Stockbrokers said. While the surcharge charged by Railways will see freight costs inch up, the overall costs for cement makers is still seen lower, which along with a marginal improvement in realisations will help the operating profit grow by as much as 45-60% on year, said analysts. Operating margins, meanwhile, are seen almost 450-500 basis points higher as compared to the previous year.