Southern Financial News

The bank discriminated against Armenian Americans, federal regulators say.

The bombing killed a Russia-backed official, authorities say.

Pizza Hut has started selling snake pizza. The popular American outlet has collaborated with a long-established restaurant in Hong Kong to put a contemporary twist on a traditional delicacy, featuring snake as a key ingredient on their pizza. This novel creation incorporates shredded snake meat, black mushrooms, and Chinese dried ham, all of which are essential components of an authentic snake stew. The introduction of this unique pizza is part of the marketing strategy of the Hong Kong franchise to generate online buzz and intrigue. These ingredients closely mirror those found in a traditional snake stew, a dish highly popular in Hong Kong and southern China, particularly during the colder months. Snake meat is often associated with potential skin benefits and the promotion of improved blood circulation. This unique dish is available for purchase in Hong Kong until November 22, offering a limited-time experience for curious food enthusiasts. Earlier in November, Sapphire Foods India, a Yum Brands franchisee, reported a 20 per cent decline in quarterly same-store sales at its Pizza Hut India restaurants on sluggish demand and said it is «cautious» about opening more outlets. Demand for pizzas has been slowing over the last few quarters, with restaurant operators pushing up prices in line with higher ingredient costs and as people have been shunning pizzas for fried chicken and burgers. Sapphire blamed the same-store sales decline at its Pizza Hut India restaurants, which make up roughly a quarter of its revenue, on «tough macro conditions and specifically high competitive intensity in the pizza category.» The decline has also forced Sapphire to rethink its plans to open additional Pizza Hut restaurants.

₹3.52 trillion by the end of FY23, according to the Bharat Microfinance Report 2023. The report released by industry body Sa-Dhan on the inaugural day of the National Conference on Inclusive Growth attributed the growth to a favourable economic environment and the revised regulatory framework issued by the RBI and quickly adopted by all MFIs. The report compiled data from 213 microfinance institutions (MFIs) representing more than 99% MFI activities in the country.

The blockchain based video-streaming site, Odysee, finds itself in hot water this morning following a detailed report by the Southern Poverty Law Commission that claimed the website is a hub for “hate groups and extremists.”

Gaza Strip on Wednesday seeking refuge from Israeli air strikes and fierce ground fighting between Israeli troops and Hamas militants. The exodus took place in a four-hour window of opportunity announced by Israel, which has told residents to evacuate the area or risk being trapped in the violence. However, the central and southern parts of the small, besieged Palestinian enclave were also under fire as the war between its Islamist Hamas rulers and Israel entered its second month. Palestinian health officials said an air strike that hit houses in Nusseirat refugee camp killed 18 people on Wednesday morning. In Khan Younis, six people, including a young girl, were killed in an air strike. «We were sitting in peace when all of a sudden an F16 air strike landed on a house and blew it up, the entire block, three houses next to each other,» said a witness, Mohammed Abu Daqa. «Civilians, all of them civilians.

delinquencies, a report by credit bureau Crif High Mark said. The outstanding portfolio of the micro-finance sector is at Rs 3.55 lakh crore as of June 2023, up 24.3 percent year-on-year, the credit bureau said. Urban markets registered year-on-year growth of 19.9% while rural markets showed 27.3% growth during the same period. “This growth can largely be attributed to the large-scale adoption of digitisation by the sector as well as the positive regulatory amendments brought in by RBI that have bridged the gap between rural and urban markets” said Sanjeet Dawar, managing director, CRIF High Mark. Portfolio at risk where repayments are 30 days past the due date improved from 2.2 percent as of March 2023 to 2 percent as of June 2023.

Sweden’s largest egg producer, which had nearly 1.2 million chickens or 20% of all laying hens in the country before a salmonella outbreak, has been ordered to euthanize all of them so the facility can be fully cleaned

In the Mediterranean's olive-growing countries, the extreme weather caused by climate change is taking a toll

Ukrainian energy infrastructure 60 times in the last several weeks as winter approaches and temperatures drop, driving up public energy consumption, officials said on Wednesday. Ukraine fears Russia may have already begun a concerted campaign of attacks on the power grid for a second winter at war. Last winter, thousands of Russian drones and missiles targeted Ukraine's power sector, causing sweeping blackouts.

hazardous air quality. «The government has decided to close down markets for four days from 9 to 12 November in the major cities of Punjab because of smog on the advisory of the health department,» said Amir Mir, the information minister for Punjab, home to more than 110 million people.

Clients on Monday won another arbitration decision, this time for $246,000, stemming from a broker-dealer’s sale of bonds from GWG Holdings Inc., a defunct life settlement business that is now in bankruptcy.

India Meteorological Department (IMD) forecasted heavy to very heavy rainfall in Kerala and Tamil Nadu till Thursday. In response to this, the weather department has issued both orange and yellow alerts for the southern states. As reported by ANI, due to the adverse weather conditions in the state, schools in several districts have been closed.

Israel said on Tuesday its forces were pushing deep into Gaza City, where residents said tanks were positioned on the outskirts for a potential storming of Gaza's urban heartland. «For the first time in decades, IDF is fighting in the heart of Gaza City. At the heart of terrorism,» Major General Yaron Finkelman, commanding officer of the Southern Command of the Israeli Defence Forces, told reporters near the Gaza border. «Every day and every hour the forces are killing militants, exposing tunnels and destroying weapons and continuing onward to enemy centres.» Israel previously said it had surrounded Gaza City, home to around a third of the Gaza Strip's 2.3 million people, and would soon attack it to annihilate Hamas fighters who assaulted Israeli towns across the border one month ago. There was no indication on the ground that Israeli forces had thrust en masse further into the city, but a spokesperson for the military, Richard Hecht, suggested that the encircling troops could be making raids inside. Asked whether such raids had taken place, he said: «I'm not going to talk about how we are operationally acting from within our encirclement around Gaza City.

El Nino, U.S. forecasters say — if past years are any indication.Officials at the U.S.

PARIS (Reuters) -World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European producers, the International Organisation of Vine and Wine (OIV) said on Tuesday.

Mars had the conditions to support microbial life. The car-sized rover has been gradually ascending the base of 5-kilometre-tall Mount Sharp, whose layers formed in different periods of Martian history and offer a record of how the planet's climate changed over time. It recently drilled its 39th sample and dropped the pulverised rock into its belly for detailed analysis. The sample was collected from a target nicknamed «Sequoia». Scientists hope the sample will reveal more about how the climate and habitability of Mars evolved as this region became enriched in sulphates — minerals that likely formed in salty water that was evaporating as Mars first began drying up billions of years ago. Eventually, Mars's liquid water disappeared for good. «The types of sulphate and carbonate minerals that Curiosity's instruments have identified in the last year help us understand what Mars was like so long ago.

The NBA and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 15 teams on Bally Sports through the end of this season

South Korean police have shut down a firm at the center of a suspected crypto scam that allegedly duped 4,000 people out of their funds, arresting 25 people.

Deepak Fertilizers & Petrochemicals(up 1.83%), Agro Phos(up 1.83%), Aries Agro(up 1.59%), Mangalore Chemicals & Fertilizers(up 1.40%), Khaitan Chemicals & Fertilizers(up 1.12%), Chambal Fertilisers & Chemicals(up 0.60%), National Fertilizer(up 0.36%), Coromandel International(up 0.24%) and Madhya Bharat Agro Products(up 0.14%) were among the top gainers. G S F C(down 2.11%), Krishana Phoschem(down 1.75%), Gujarat Narmada Valley Fertilizers (down 1.42%), Bohra Industries(down 1.03%), Southern Petrochemicals Industries(down 0.87%), Fertilizers & Chemicals Tranvancore(down 0.73%), ZUARIAGRO(down 0.72%), Madras Fertlizers(down 0.71%), Nagarjuna Fertilizers & Chem(down 0.61%) and Paradeep Phosphates(down 0.47%) were among the top losers.

Gaza Strip for an indefinite period after its war with Hamas, AFP reported. Here are the top ten updates about the situation. 1.