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El Nino weather pattern is set to last until at least April 2024, the World Meteorological Organization (WMO) said on Wednesday, pushing up temperatures in a year already on track to be the warmest on record. The WMO said there was a 90% likelihood that the naturally-occurring event will continue through the northern hemisphere winter, following a similar projection last month from a U.S. government forecaster. El Nino is a warming of ocean surface temperatures in the eastern and central Pacific, and it can provoke extreme weather phenomena from wildfires to tropical cyclones and prolonged droughts.

By Samuel Indyk

Investing.com — The U.S. dollar edged higher in early European trade Wednesday, picking up ahead of a key speech from Fed Chair Jerome Powell later in the session. 

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high levels of particulate matter (PM) 2.5 pollution, another pollutant, nitrogen dioxide (NO2), is on the rise in Delhi, according to data from the Central Pollution Control Board (CPCB). NO2, primarily stemming from vehicle emissions, indicates a persistent air quality issue in Delhi attributed to vehicular pollution.

TTRPG) titled Candela Obscura is set for November 14. Alongside this release, the web series Candela Obscura has gained popularity. Here's a glimpse of the trailer and the release date for the upcoming chapter, Candela Obscura: Tide & Bone. The Circle of Tide and Bone are the newest group of investigators facing the horrors of Newfaire. This chapter follows the well-received second installment, led by Candela Obscura creator Spenser Stark. Acclaimed GM Aabria Iyengar will guide the Circle of Tide & Bone. Iyengar has a successful track record with running Exandria Unlimited, Dimension 20 series like Misfits and Magic, A Court of Fey and Flowers, and the ongoing Burrow's End. It's safe to say that Candela Obscura's third chapter is in capable hands.

Financial intelligence company Moody’s Analytics is launching a new AI service that can predict stablecoin depeggings while providing real-time insights about stablecoin issuers’ liquidity and stability.

FSN E-Commerce Ventures Ltd, the parent company of Nykaa. This vertical put up a strong show on the margin front in the September quarter (Q2FY24), thanks to premiumization, lower product returns and declining marketing expenses. As such, the fashion segment clocked a multi-quarter high contribution profit margin (as a percentage of net sales value) of 4.7%.

The U.S. economy may be growing much faster than pessimists had predicted, but business is still brisk for bankruptcy lawyers. “Things have really accelerated,” says Thomas Lauria, global head of restructuring at White & Case. His team is on track for record-breaking revenues this year.

Supply chain management has become a complicated issue for many industries in recent years — none more so than food and agriculture. When you’re in the business of ensuring essential, but perishable, goods get to where they’re supposed to go in a reliable and timely fashion — and are of the quality consumers deserve and expect — an accurate, real-time tracking system is invaluable.

Key Financial HighlightsQ2 FY24 Highlights “Our Q2 FY24 result represents stable growth in our key businesses, as well as strong profitability. We are on track to meet our growth objectives for the year. Going ahead, differentiated launches in the US, in addition to a rebound in India business growth which was constrained by delayed seasonality, will be critical drivers.

ICC World Cup 2023 as an underdog, is on the cusp of entering the tournament's semifinals. The Hashmatullah Shahidi-led team has pushed Australia to the backfoot in the ongoing match in Mumbai. At the time of writing this report, Australia were at 52/4 at the end of first powerplay (10 overs), chasing a significantly big target of 292.

Former St. Louis Federal Reserve President James Bullard addresses concerns over rising interest rates on «Cavuto: Coast to Coast.»

By Ankika Biswas

RR Kabel hit their record high in intra-day deals on Tuesday after the company's net profit more than doubled in the September quarter of FY24 (Q2FY24). The stock rallied as much as 10.4 percent to its all-time high of ₹1,550.00 in intra-day deals on Tuesday. The RR Kabel stock was listed on the exchanges on September 20 at ₹1,180, a 14 percent premium over the issue price of ₹1,035.

defence requirements along its borders with neighbouring China and Pakistan, he said. Also Read: Defence Minister Rajnath Singh approves extension of maternity, child care leaves for women in Armed Force.

European shares were subdued on Tuesday as a drag in energy stocks offset gains in financials, while Watches of Switzerland jumped to a more than one-month high following a strong second-quarter update. The pan-European STOXX 600 was flat by 0815 GMT, having snapped a five-day gaining streak on Monday. It had climbed more than 3% last week amid robust earnings and signs of an end to rate hikes by major central banks. Energy stocks led sectoral declines with a 1.2% fall, tracking a more than 1% drop in crude oil prices. Watches of Switzerland soared 12.2% to the top of the STOXX 600 as it expects to more than double its annual profit by 2028. UBS Group posted a $785 million loss in the third quarter, while signalling that its core wealth business is stabilising.

Investing.com — The U.S. dollar rose in early European trade Tuesday, rebounding from recent lows, while the Australian dollar slumped after the RBA hinted at the end of its cycle of rate hikes.. 

Dhanteras 2023: ‘Tis the season’ of festivities and unbridled joy of shopping! But when shopping for gold, one should always remain cautious and make sure not to fall for fake jewelry. This Dhanteras, when you visit the bazaars for the quintessential gold purchase, a smartphone application can help you in verifying the authenticity of the jewelry.

Devyani International on Tuesday, November 7, reported a consolidated profit of ₹33.35 crore for Q2FY24, down 43 per cent against the profit of ₹58.76 crore in the corresponding quarter last year. Revenue from operations for the quarter under review stood at ₹819.47 crore, up 9.64 per cent year-on-year (YoY) against ₹747.43 crore in Q2FY23. The reported EBITDA, post-IND-AS, closed at ₹158.8 crore, resulting in an EBITDA margin of 19.4 per cent.

Guruprasad Srinivasan, CEO and Kamal Pal Hoda, CFO, Quess Corp, in conversation with ET Now. Huda says: “We have a plan to break even in Foundit business by the end of this year, and we are very much on track. Foundit has had a 35% sales growth quarter on quarter and year on year. And there are a lot of initiatives that have been taken in Foundit to look at our cost base, our marketing costs. The development cost of the new product has been largely through so we expect Foundit to break even by the end of this year.” What is leading to this high EBITDA growth? Has the cash burn in Foundit reduced? Kamal Pal Hoda: Yes, the cash burn in Foundit also reduced, but that is not the only reason for EBITDA to go up. There have been a lot of operational synergies. As you can see, the EBITDA in all four of our platforms have gone up. So the WFM EBITDA has gone up by 5%. GTS the EBITDA has gone up 4% quarter on quarter. OAM, the facility management business, the EBITDA has gone up 14% quarter on quarter. So, yes, there is a reduction in cash burn in Foundit, but that is not the only reason, we had good growth from all our four platforms.