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The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels

U.S. retailers are ramping up hiring for the holiday season but expect to take on fewer seasonal employees to help customers in stores and assemble online orders in warehouses

The move comes amid ECP's EMEA expansion plans, which include targeting the UK market. The Australian asset manager, which has £1.5bn in assets under management, launched the Dublin-domiciled ECP global growth fund in March 2023 with a view to making the strategy available to investors in the UK market. Rajkumar, who will be based in London, was most recently director of the global strategic client group at sustainable investment firm Ecofin. He has also held roles at abrdn, Fidelity International, BNY Investments, and UBS Asset Management, having spent 30 years in the industry. Re...

The closure, which took place in December last year, was revealed in the firm's 2024 Assessment of Value report, which identified three funds for consistently delivering value for investors in the 12 months to 31 March 2024. Over the last three years, the £670.6m Newton Growth and Income Fund for Charities strategy outperformed the Newton Growth & Income Fund for Charities index by 7.6% versus the latter's 5.5%. The board of BNY Mellon Fund Managers argued the fund delivered a positive return over the year ending 31 March due to the strategy's lower sensitivity to interest rates than ...

Iran launched a barrage of missiles at Israel, it warned Iran of consequences with Prime Minister Benjamin Netanyahu saying that Iran would «pay for the attack». Some analysts said Israel's response would likely be sharper this time, suggesting it could target Iran's nuclear or oil facilities. The US, meanwhile, is pushing for a measured Israeli response to avoid a broader regional war, but its influence may be limited in shaping Israel's next steps. This latest round of hostilities threatens to expand far beyond the Israel-Palestine struggle, pulling in regional powers like Iran, and sparking fears of a full-scale war across the Middle East. US President Joe Biden has said that he would not support an attack by Israel on Iranian nuclear sites in retaliation for Tehran's firing of missiles at Israeli cities. «The answer is no,» Biden said on Wednesday, when asked if he would support such retaliation after Iran fired missiles at Israel.

Iran’s direct attack on Israel this week has once again raised fears of a wider war in the Middle East — one that could now directly involve two of the region’s most well-armed nations.

Motilal Oswal Financial Services has buy call on Transport Corporation of India with a target price of Rs 1,290. The current market price of Transport Corporation of India is Rs 1,073.2. Transport Corporation of India, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 8,339.24 Crore) operating in Logistics sector. Transport Corporation of India key Products/Revenue Segments include Freight & Demurrage and Other Operating Revenue for the year ending 31-Mar-2024.

South Korea is fighting a deluge of non-consensual, explicit deepfake videos and images primarily targeting women online

inflation to its 2% target may take longer than expected to complete and limit how far interest rates can be cut, Richmond Federal Reserve President Thomas Barkin said on Wednesday. In an interview with Reuters, Barkin said he supported the half-percentage-point rate cut the Fed approved last month and agreed the benchmark rate could fall perhaps by another half a percentage point by the end of this year to take account of how far inflation has declined.

60 billion euro belt-tightening drive next year to hit new fiscal targets, officials said on Wednesday, outlining an unprecedented push to rein in France's spiralling deficit. Prime Minister Michel Barnier told lawmakers on Tuesday he would reduce the budget deficit — which is set to reach 6.1% of GDP this year — to 5% by the end of 2025 but would have to push back the target date for reaching the euro zone's common 3% deficit goal to 2029 from 2027. Three government officials involved in preparing the 2025 budget said the 60 billion euro ($66 billion) squeeze — equivalent to roughly 2% of GDP — was needed to correct the deficit from where it would otherwise have been if nothing had been done.

forced labour from China's far-west region of Xinjiang. The action broadens the scope of the US effort to counter products from entering the country that the government says are tied to human rights abuses. The additions to the entity list under the Uyghur Forced Labour Prevention Act marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement, DHS said. «Today's actions reaffirm our commitment to eliminating forced labour from US supply chains and upholding our values of human rights for all,» said Robert Silvers, undersecretary of Homeland Security for policy. «No sector is off-limits. We will continue to identify entities across industries and hold accountable those who seek to profit from exploitation and abuse.»

NASCAR is facing a federal antitrust lawsuit from two of its teams, including one co-owned by Michael Jordan

Former public safety minister Bill Blair said he “was not advised” for weeks after CSIS says it told his chief of staff that it was seeking approval to investigate an Ontario Liberal powerbroker in March 2021.

Subscribe to enjoy similar stories. New Delhi: Caught in a cycle of costly legal battles, the Indian government plans to roll out a new national litigation policy aimed at curbing legal expenses, particularly in cases where the government is effectively suing itself, according to officials familiar with the matter. The policy, still under development, will focus on disputes between government entities, such as public sector undertakings (PSUs), which have long been a financial burden on the administration.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Subscribe to enjoy similar stories. TEL AVIV—Israel was reviewing the damage Wednesday from roughly 180 missiles fired a day earlier by Iran, some of which hit the country’s densely populated center and a few military bases, an aerial attack that has escalated a yearlong conflict in the Middle East. Israel said its air defenses intercepted most of the missiles alongside a coalition of U.S.-led allies, including the U.K, but a number of projectiles successfully penetrated the country’s vaunted aerial defense system.

Raghuram Rajan, former Reserve Bank of India (RBI) Governor, has cautioned against excluding food prices from inflation calculations. As inflation remains a key concern for the central bank, Rajan's stance is that removing food inflation from headline inflation targets could erode public's 'great faith' in the central bank's ability to manage the broader economic picture. «So, if you leave out some of the most important parts of inflation and tell them, inflation is under control, but food prices are going through the roof… they would not have great faith in the Reserve Bank,» Rajan told PTI in an inerview. Food prices have always played a significant role in shaping India's inflation picture. The current consumer price inflation (CPI) basket assigns a weight of 46% to food, a figure that many argue needs to be revisited as consumption patterns evolve. Nevertheless, Rajan maintains that food prices cannot be dismissed, as they constitute a significant portion of household spending and influence how the general public perceives inflation.

Catch all LIVE Updates on Israel-Iran war news hereJapan's new Prime Minister Shigeru Ishiba said Wednesday that missile attacks by Iran on Israel were "unacceptable", warning against an escalation into "full-on war"."Iran's attack is unacceptable. We condemn this strongly.

Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI) caution on gold loans is likely on account of the brisk growth in the segment, analysts said, but a secured asset class like bullion would still present fewer risks than what was seen in personal loans. On Monday, the regulator flagged deficiencies in gold-lending practices in using third-party agencies, besides inadequate due diligence and monitoring of end use of funds.

Subscribe to enjoy similar stories. September saw manufacturing activity in India slow, with the HSBC purchasing managers’ index (PMI) for the sector, as compiled by S&P Global, declining to 56.5 from 57.5 in August.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...