Southern Financial News

₹5,000 crore, two people directly familiar with the development said. Shriram Housing Finance is a midsize housing finance company with assets of over ₹10,000 crore. The sale is part of the Chennai-headquartered conglomerate’s plan to redesign its growth strategy.

Apple is prepared to remove the blood-oxygen sensor from its internet-connected watches if a court doesn’t give it more leeway while it pursues a bid to overturn a ruling that has blocked its use of the technology

Nigerian authorities say two people have died and 77 others have been injured in a massive blast that rocked more than a dozen buildings in one of the country's largest cities

Medicine is en route to Gaza after Qatar and France worked out a deal between Israel and Hamas

Heavy snow and freezing rain have hit parts of northern and central Europe, bringing transport to a halt in some Scandinavian regions and causing major disruption at airports in Frankfurt and Oslo

At the start of the new year, companies typically convene General Meetings where the dividend payments to shareholders are often determined.

US Central Command. The US carried out strikes after Houthi launched an anti-ship ballistic missile from Houthi-controlled areas of Yemen into international shipping lanes in the Southern Red Sea. The strikes on Tuesday, the third against Houthi since a US-led air and naval barrage hit dozens of targets last week and destroyed four missiles that the US Central Command said posed an imminent threat to merchant vessels and Navy ships travelling through the Red Sea and nearby waters, The New York Times reported.

Brent crude futures gained 81 cents, or about 1.04%, to $78.96 a barrel at 1333 GMT. The contract had lost 14 cents on Monday. U.S.

Qatar’s prime minister has warned of the massive destruction inflicted by Israel’s offensive on Gaza and criticized the Israeli defense minister’s rejection of a cease-fire in the battered enclave

U.S. importers are rediscovering the lure of Southern California ports. Trade is swinging back to the ports of Los Angeles and Long Beach after a period in which pandemic-driven shipping disruptions and broader shifts in manufacturing pushed supply chains more heavily toward Gulf Coast and East Coast ports.

Hamas appeared to show the dead bodies of two Israeli hostages on Monday after warning Israel they might be killed if it did not stop its bombardment of Gaza. A new video released by the Palestinian militant group purportedly showed the bodies of Yossi Sharabi, 53, and Itai Svirsky, 38, who had appeared in an initial video on Sunday. It also showed a third Israeli hostage, university student Noa Argamani, 26, seemingly reading a script in front of a blank white wall, saying the two were killed by Israeli strikes. Israel's military spokesperson said there was serious concern regarding the fate of the hostages purported to be dead in the video, while specifying that one of them, whom he identified as Svirsky, was not killed by Israeli fire. «Itai was not shot by our forces. That is a Hamas lie.

By Arathy Somasekhar

New York City is likely to receive snow fall after around 700 days. Winter weather is set to make an appearance in major cities along the Interstate 95 corridor in the Northeast, potentially bringing snow to areas like New York City, Philadelphia, and Baltimore. The storm system, responsible for snow and ice in the South, is expected to exit the region on Monday, making its way towards the Northeast and New England, impacting millions in the area.

By Jonathan Stempel

By Divya Chowdhury and Savio Shetty

(Reuters) — Much of the United States remained gripped by an Arctic blast on Monday, cutting power to tens of thousands of customers in northern states and Texas and potentially dampening turnout in Iowa, where voters will cast the first ballots for a Republican candidate in November's presidential race.

(Reuters) -Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to East-West trade.

Israeli strikes have hit Gaza City and soldiers are battling militants in southern Gaza after the U.S. said it was time to scale back operations

Yemen’s Houthi rebels have fired an anti-ship cruise missile toward an American destroyer in the Red Sea

A tropical cyclone has hit the French island of Reunion in the Indian Ocean, bringing intense rains and powerful winds and leaving about a quarter of the households without electricity and tens of thousands of homes suffering water cuts

QatarEnergy, one of the world's largest exporters of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a source with knowledge of the matter told Reuters on Monday. At least four tankers used to carry Qatari LNG were held up over the weekend after U.S. and British forces carried out air and sea strikes on Yemen in response to Houthi attacks on ships in the Red Sea, part of a route that accounts for about 15% of the world's shipping traffic.