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NYSE President Lynn Martin discusses whether Trump or Harris economic plan is better for markets on Cavuto: Coast to Coast.

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A presale for a new Pepe-themed meme coin on its own Ethereum Layer 2 blockchain called Pepe Unchained ($PEPU) has passed the blue moon milestone of raising an eye-watering $15 million.

Indian rupee closed weaker on Thursday as importer and interbank dollar bids outweighed cues from a rise in most Asian currencies, ahead of closely watched remarks from Federal Reserve Chair Jerome Powell. The rupee closed at 83.6425 against the U.S. dollar, down from its close at 83.5925 in the previous session.

Subscribe to enjoy similar stories. MUMBAI : Sometimes corporates are better off raising money when they can rather than when they need. Punjab National Bank Ltd (PNB), India’s second-largest public sector bank after State Bank of India Ltd (SBI) in terms of total business and deposits, seems to have followed that logic.

Hurricane Helene was advancing Thursday across the Gulf of Mexico toward Florida, threatening an «unsurvivable» storm surge in northwestern parts of the state as well as damaging winds, rains and flash floods hundreds of miles inland across much of the southeastern U.S., the National Weather Service in Tallahassee said. Helene is expected to be a major hurricane — meaning a Category 3 or higher — when it makes landfall on Florida's northwestern coast Thursday evening. As of early Thursday, hurricane warnings and flash flood warnings extended far beyond the coast up into south-central Georgia. The governors of Florida, Georgia, and the Carolinas have all declared emergencies in their states. The weather service forecast storm surges of up to 20 feet (6 meters) and warned they could be particularly «catastrophic and life-threatening» in Florida's Apalachee Bay. It added that high winds and heavy rains also posed risks.

World shares have surged following reports that China plans to spend billions of dollars to help rebuild the capital of state-run banks and provide other fiscal support for the economy

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Sabyasachi Majumdar, Senior Director, Care Ratings, says one of the beneficiaries of the new National Electricity Plan would be the transmission companies.There will be a lot of projects for them to take up. But apart from that, the beneficiaries will be the suppliers to the transmission network, which will basically be the equipment manufacturers, people who make the lines, conductors, cables, transformation equipment, switchyards, and switchgears, plus the EPC contractors who are going to string up all these lines and set up all these capacities. So, it will have a broad-based impact across the large segment of the electrical engineering industry. Is the National Electricity Plan really a fresh announcement coming in or is this something that was budgeted for and talked about already and you guys were factoring it in the capex lined up for the coming years? Sabyasachi Majumdar: The power demand has been fairly buoyant after the recovery from COVID and it has been growing at a high single digit. Basically, it can be considered a continuation of the current trend. Right now, peak demand is somewhere around 250 gigawatt and the government expects it to go up to about 458 gigawatt up to 2032, which basically represents CAGR of about 7% to 8% per annum, which is more or less in line with what we have been seeing in the past. So, it is pretty much based on that.

fabrication unit to be set up in India as a result of the agreement between New Delhi and Washington during PM Narendra Modi’s recent visit to the US will roll out chips that will cater to the national security needs of the two countries. As per a TOI report, the new plant, likely to come up in Uttar Pradesh’s Jewar, near the upcoming international airport, will supply advanced chips to the US armed forces, allied militaries and Indian defence forces. The cutting-edge semiconductor plant will produce chips for advanced warfare technologies, including night vision devices, missile-seekers, space sensors, drones, fighter jets, electric vehicles, military communications, radars and jammers, says the report.

Swedish firm Klarna is partnering up with Dutch payments fintech Adyen to bring its popular buy now, pay later service into physical retail stores.

France's BNP Paribas on Thursday said there are simply too many European lenders for the region to be able to compete with rivals from the U.S. and Asia, calling for the creation of more homegrown heavyweight banking champions.

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Subscribe to enjoy similar stories. Two decades of climate policy have delivered shockingly little impact—a negligible reduction in global emissions. A new study paints a bleaker picture: only 4% of policies—63 out of 1,500—made any substantial difference.

European banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union.

Subscribe to enjoy similar stories. China’s over $100 billion push to bolster its stock markets has stirred optimism, but begs the question of whether investors and businesses will take the bait amid lingering doubts about the economy’s underlying weakness.

Subscribe to enjoy similar stories. Alternative energy is exploding—literally. Lithium battery fires are breaking out on highways and in factories, home garages and storage rooms.