Target Financial News

(Reuters) — Boeing (NYSE:BA) said on Monday it will increase Huntsville factory production capacity for sensors that are used to guide Patriot missiles to their targets to meet rising air and missile defense needs worldwide.

S Jaishankar, who is on a five-day official visit to the United Kingdom to give “new impetus to the friendly ties", Monday said India and Britain are currently focusing on a free trade agreement (FTA) and hoped that both the countries would find a "landing point" workable for both of them. The Indian foreign minister said the Agenda 2030 put greater emphasis on connectivity, trade, and working together when it comes to defence and security, health and all climate change. "We are focusing on what is officially called an enhanced trade partnership.

Crypto security analytics firm SlowMist has uncovered a new phishing scam in China that uses a fake Skype video app to target crypto users.

Lucid Motors (NASDAQ:LCID) attended the Dubai Airshow where the electric automaker signed a memorandum of understanding (MOU) with Riyadh Air, combining their shared vision of sustainable transportation.

In a bid to circumvent traditional financial oversight, Hamas has increasingly turned to crypto for fund transfers, according to a new Wall Street Journal report.

NEW DELHI : Retail inflation fell to a four-month low of 4.87% in October as food prices eased, prompting expectations that the central bank may yet again keep policy rates unchanged at its monetary policy review next month. Consumer Price Index (CPI)-based inflation stood at 5.02% in September, remaining within the Reserve Bank of India’s (RBI’s) comfort zone of 2-6% for the second consecutive month. In October 2022, retail inflation stood at 6.77%.

NEW DELHI : India’s top banks are looking to hire aggressively from the batch of 2024 in engineering, business and graduate colleges to complement hiring from the market, augment digital initiatives and compensate for losses in front-line sales staff. According to bankers and executives at some of the large engineering and management colleges, compensation could range from ₹8 lakh to ₹40 lakh, depending on the roles on offer.

NEW DELHI : The government plans to tap the offer-for-sale (OFS) route for disinvestments in listed public sector enterprises during the rest of the fiscal year instead of initiating fresh strategic sales, a government official said. “Towards the end of the fiscal year, there are usually a few OFS," the official said, adding this would not be done with the aim of meeting budget targets. “Some PSUs (public sector undertakings), where the minimum shareholding norms have to be met, may be considered," the official said on condition of anonymity.

Mark Ruffalo, who is popularly known for his characters as Bruce Banner and the Hulk, has slammed Israeli Prime Minister Benjamin Netanyahu for declaring Palestinians are «collateral damage» during the Israel-Palestine war. It's been over a month that Israel and Palestine have been in a state of war.

government plans to increase the procurement of millets threefold to 2 million tonnes in this financial year, from 0.73 in 2022-23, to replace some quantities of wheat and rice from the public distribution system (PDS), said a senior official. The purchase at the minimum support price will give a boost to the cultivation of coarse grains which are eco-friendly, climate resistant and powerhouse of nutrients, the official said, adding that the strategy will play a significant role in crop diversification and enhancing nutrition in dietary patterns. The government also plans to procure six minor millets, such as kodo, kudki and kangni, in several states at the minimum support price of another pricier millet, ragi, to encourage cultivation of the minor millets.

Hackers stole more than $60 million worth of crypto in six months from Ethereum wallets with Create2, according to on-chain sleuth ScamSniffer.

CJ Stroud, a former Ohio State quarterback and the second overall pick in this year's draft by the Houston Texans, emerged victorious against Burrow, putting an end to the Cincinnati Bengals' four-game winning streak on Sunday. The 22-year-old showcased his prowess by throwing for an impressive 356 yards. In a high-stakes moment, Stroud led a crucial drive over the final 93 seconds, guiding kicker Matt Ammendola into position for a game-winning 38-yard field goal as time expired, resulting in a 30-27 victory for Houston.

US President Joe Biden's kin, Secret Service agents protecting Biden’s granddaughter Naomi Biden opened fire after three people tried to break into an unmarked Secret Service vehicle. According to the AP report, the agents, assigned to protect Naomi Biden, were out with her in the Georgetown neighborhood when they saw three people breaking a window of the parked and unoccupied SUV.

Spain’s securities market regulatory body said it had begun investigating its inaugural case pertaining to a potential violation of regulations governing large-scale advertising campaigns for crypto assets.

New Delhi: The Ministry of Coal has laid out comprehensive plans to significantly boost coal production, targeting 1404 million tonnes (MT) by 2027 and a staggering 1577 MT by 2030, at the current level production of about one billion tonnes per annum, read an official statement from Ministry of Coal. The Ministry of Coal has taken note of the additional coal requirement for supplying to additional 80 GW thermal capacity to be added in the country by 2030. The coal requirement for additional thermal capacity would be around 400 MT at 85 per cent PLF, and the actual requirement may be lower depending on the generation requirements in the coming times due to contributions from renewable sources. Ministry of Coal has plans to produce additional quantity of coal in its production enhancement plan and will ensure adequate availability of domestic coal to thermal power plants. Production plan includes opening of new mines, expansion of mines capacity and production from captive/commercial mines.

Here is your weekly analyst Pro Recap in the area of artificial intelligence (AI) for this week. Get all this news and more in real-time with InvestingPro.

By Nikunj Ohri, Shivangi Acharya and Sarita Chaganti Singh

The president of the University of Prince Edward Island (UPEI) had been in his role for less than a year when the school’s vice-presidents sat around a dining table and devised a plan to get rid of him.

Popular Canadian furniture store Bad Boy has filed a notice of intention (NOI) to make a proposal under the Bankruptcy and Insolvency Act to begin a restructuring process.

The Bank of Canada has been trying for almost two years to tame inflation and we are still not able to say, battle won.

Retirement is the pinnacle of most Canadians’ financial plans. But the financial industry’s emphasis on investing means there can be a tendency to overlook alternative strategies that can make retirees better off when they stop working. Here’s a look at some of them.