UPS Financial News

Stocks that traded heavily or had substantial price changes on Tuesday: Insmed, Agios rise; DraftKings, Atlantica fall

Motor vehicle crashes are the leading cause of death for teenagers

The emir of Qatar is looking to invest in energy and high-tech in Cyprus — projects seen as having a strong economic potential

A federal judge has sentenced former FTX executive Ryan Salame to more than seven years in prison

The sole physical copy of Wu-Tang Clan’s unreleased “Once Upon a Time in Shaolin” is headed to Australia’s Museum of Old and New Art

Russia’s wealthy elite could face higher income taxes

Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two offshore wind farms last year

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and big oil companies reap massive profits

Most U.S. stocks fell as a tick higher in bond yields tightened the screws a bit on Wall Street following a three-day weekend

A volcano in southwestern Iceland is erupting, spewing red streams of lava and triggering the evacuation of the popular Blue Lagoon geothermal spa

OpenAI CEO Sam Altman is joining a high-profile list of more than 240 wealthy philanthropists committed to donating over half their fortunes

Stocks that are trading heavily or have substantial price changes on Wednesday: American Airlines, Advance Auto Parts fall; Chewy, Dick’s Sporting Goods rise

Nissan is urging the owners of about 84,000 older vehicles to stop driving them because their Takata air bag inflators are at high risk of exploding in a crash and hurling metal fragments

Melinda French Gates plans to donate $1 billion over the next two years to organizations supporting women and girls around the world

If you're looking for fresh, locally grown food this summer, a Community-Supported Agriculture program might be the answer

The Cleveland branch of the Federal Reserve says that Beth Hammack, an executive at investment bank Goldman Sachs, would be its next president effective Aug. 21

Platform for promise Congress' promise of directly crediting ₹8,500 into the accounts of women heads of families belonging to the BPL category under its Mahalakshmi scheme has received mixed response in UP. Those doubting it have just one statement to offer: «it will just be like BJP's promise of transferring ₹15 lakh to the accounts of Indian citizens every year.» But goaded by their wives, some are ready to support the party. «Like we hoped for ₹15 lakh, let us, for a change, hope for this too,» said a voter. ‘Khatakhat’, ‘Fatafat’ Congress leader Rahul Gandhi using the word “khatakhat, khatakhat” to denote how people will receive money in their accounts after INDIA bloc comes to power has caught on among other Congress leaders and Opposition leaders like Tejaswi Yadav who have made it a part of their campaign speeches now. Congress’ Varanasi candidate Ajay Rai recently asked people to vote “khatakhat, khatakhat” for him on June 1 and added if done, he would get their work accomplished “fatafat, fatafat, fatafat”.

escort vehicle, part of the cavalcade of BJP's Kaiserganj Lok Sabha candidate Karan Bhushan Singh, on Wednesday rammed into a motorcycle in Gonda's Colonelganj area, killing two youths and injuring a lady. Singh is the son of Kaiserganj MP Brij Bhushan Sharan Singh, who is facing sexual harassment charges. The incident took place around 9 am near Huzurpur road crossing. The two youths — Rehan and Shehzad — were brought to the Colonelganj community health centre, where they were declared dead. The police took the vehicle, a Toyota Fortuner, into custody while the driver was arrested. According to their father, the two boys were going to get medicines. One of them had returned from Saudi Arabia. Following the accident, villagers gathered and protested against the accident, but were pacified by the police. A first information report was registered against the driver under sections 304A, 427, 279 and 184 of the Indian Penal Code.

John F Kennedy International Airport in New York to the Changi International Airport in Singapore, have you ever wondered which is the shortest flight operated and in which sector of the world? The answer is a flight between two Scottish Orkney islands. This flight is operated by Loganair and the flight travels between Westray and Para Westray and this is operated in about one and a half minutes. Details

stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car despatches to dealers outpacing demand, passenger vehicle registrations, taken as a proxy for retail sales, are also expected to fall by 5% in May from a year earlier. The likely decline — 2nd this year — comes amid election-related uncertainties, completion of marriage season, and heat waves in several key markets especially Delhi NCR, said industry executives. Automakers are expected to end May with wholesales or factory despatches to dealers of 340,000-350,000 vehicles, up 4-4.5% from a year earlier. As per dealers, planned shutdowns by some companies will help in moderating production volume and managing inventory. «Pre-Covid stocks for the industry used to be in the range of 45 days. This has dropped to 2-3 weeks after pandemic. Industry stocks are high,» said Hardeep Singh Brar, national sales head at Kia India. He expects sales to rebound after the new government takes charge. «Forecast for monsoons is good. Interest rates are expected to come down later in the year, with inflation under control. Given the high base for the entire year, sales growth is likely to be in low single digits,» he said.

LONDON: Mining group BHP Group on Wednesday walked away from its $49 billion plan to take over rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit. BHP's aim was to secure Anglo's prized copper assets in Latin America and increase access to a metal central to the global shift towards clean energy and electric vehicles. But the structure of BHP's deal, which required Anglo to unbundle its South African platinum and iron ore businesses, was a major reason for its collapse.