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prison stabbing of Derek Chauvin, the former Minneapolis police officer convicted of murdering George Floyd. John Turscak stabbed Chauvin 22 times in the law library at the Federal Correctional Institution in Tucson, Arizona, with an improvised knife, federal prosecutors said. Turscak, 52, told correctional officers he would've killed Chauvin had they not responded so quickly, prosecutors said. Turscak later told FBI agents that he'd been thinking about assaulting Chauvin for about a month because he is a high-profile inmate but denied wanting to kill him, prosecutors said. Turscak told the agents that he attacked Chauvin on Black Friday, the day after Thanksgiving, as a symbolic connection to the Black Lives Matter movement and the «Black Hand» symbol associated with the Mexican Mafia gang, prosecutors said. An attorney for Turscak was not listed in court records and Turscak, who has represented himself in numerous court matters from prison, remained in custody on Friday. Chauvin, 47, was sent to FCI Tucson from a maximum-security Minnesota state prison in August 2022 to simultaneously serve a 21-year federal sentence for violating Floyd's civil rights and a 22½-year state sentence for second-degree murder. Chauvin's lawyer, Eric Nelson, had advocated for keeping him out of general population and away from other inmates, anticipating he'd be a target.

Sensex ended 492.75 points, or 0.74%, higher at 67,481.19, while the Nifty 50 rose 134.75 points, or 0.67%, to settle at 20,267.90. The Nifty Midcap 100 index closed 1.10% higher at 43,382.40 and the Nifty Smallcap 100 index closed 0.48% higher at 14,239.30. Analysts believe the stock market next week will be driven by economic data releases from the US, India, and China, while the focus will be on the Reserve Bank of India (RBI) monetary policy meeting.

Amazon.com Inc. has entered into an agreement with its competitor SpaceX for three launches using Elon Musk's Falcon 9 rocket, this move allows Amazon to secure additional capacity for deploying its internet-from-space satellites into orbit, Bloomberg reported. As disclosed on its website last Friday, Amazon.com Inc.

fire deal between Israel and Hamas, the Israeli Defense Forces (IDF) attacked houses and buildings, killing at least 178 people throughout the Gaza Strip in the first hours of fighting on early Saturday. Militants in Gaza resumed firing rockets into Israel, and fighting broke out between Israel and Hezbollah militants.

Adani Group is working on a plan to raise $350 million through dollar bonds next year, primarily to refinance a $500 million RG1 (restricted group 1) bond due to mature in December 2024. RG1 is restricted group with solar generation capacity of 930 MW and includes three subsidiaries of Adani Green — Adani Green Energy (UP) Limited, Parampujya Solar Energy Private Limited (PSEPL) and Prayatna Developer Private Limited. The group may also call the bonds in July 2024, six months ahead of maturity.

Canadian private capital group Brookfield has raised a record-sized US$28 billion infrastructure fund as institutional investors plough cash into strategies they expect will benefit from higher interest rates and a shift away from globalization.

India Debt Resolution Co Ltd (IDRCL), the agent to government-backed bad bank, after the board of the company approved the appointment on Friday, people familiar with the development said. The IDRCL chairman position became vacant after Diwakar Gupta resigned earlier this week to take up a post at parent National Asset Reconstruction Co Ltd (NARCL), as ET reported in its Monday edition. Seshadri, a chartered accountant, is a financial sector veteran with experience in buying and turning around distressed companies. He is currently an independent director in the company and will take over immediately. Seshadri did not reply to calls and messages to his phone.

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economy grew by 7.6% year-on-year in real terms in the July-September quarter of FY2024, surpassing projections by all domestic and international agencies. This follows the 7.8% expansion registered in the first quarter. The fact that this has been achieved amid a weak and uncertain global backdrop shows the resilience of the economy. Importantly, this growth performance was driven by construction and industry.

Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early to declare victory over inflation.

Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future without fossil fuels, saying there was no other way to curb global warming. Speaking a day after COP28 president Sultan Ahmed al-Jaber proposed embracing the continued use of fossil fuels, Guterres said: «We cannot save a burning planet with a fire hose of fossil fuels.» «The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not reduce.

Chinese e-commerce firm. Alibaba's U.S. shares slipped 1.5% to $73.7 in premarket trading, tracking a fresh one-year low.

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Investing.com -- Traders look ahead to the start of the final month of trading in 2023 following a positive November for stocks on Wall Street. Elsewhere, Tesla (NASDAQ:TSLA) reveals a price tag for the cheapest model of its futuristic-looking Cybertruck that is well above boss Elon Musk's initial estimates, and a private survey shows Chinese manufacturing activity unexpectedly expanded last month.

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₹7 trillion ($84 billion) on infrastructure over the next decade, a similar amount the Indian conglomerate owned by billionaire Gautam Adani has lost in market value since corporate fraud allegations were leveled against it by a US short-seller earlier this year. “We desire to invest more," Jugeshinder Singh, the group chief financial officer, told reporters on Friday in Mumbai, without fleshing out further details. Singh’s ambitious expenditure targets are part of Adani’s strategy to attempt to draw a line over damaging allegations made by Hindenburg Research in January, after the short-seller accused the conglomerate of engaging in years of stock price manipulation and accounting malpractice.

Khalistani separatist Gurpatwant Singh Pannun on American soil, has brought forth the debacle with Canada, wherein Prime Minister Justin Trudeau had informed the Canadian Parliament that they have ‘credible evidence’ to allege that Indian government and intelligentsia was involved in the June murder of Khalistani separatist Hardeep Singh Nijjar. The indictments brought against one Nikhil Gupta on attempting to kill Sikh For Justice (SFJ) leader Gurpatwant Singh Pannun, also revealed that it had links to Nijjar's killing earlier this year, and has prompted questions about what US agents knew in the days before his death.

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(Reuters) -Some major banks expect global economic growth to ease further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world's two largest economies.

The Bank of Canada is widely expected to hold its benchmarkinterest rate when it meets next week, but a lot has changed since October.

Alibaba (NYSE:BABA) shares fell more than 1.3% in pre-market Friday trade after Morgan Stanley analysts downgraded shares to Equal Weight from Overweight with a price target cut by $20 to $90 per share.