War Financial News

An activist group says Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war

Tesla said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker's strategy to combat slowing demand and falling margins. Last week, Tesla announced a more than 10% cut in its global workforce under pressure from dropping sales and an intensifying price war among EV makers, without revealing the number of employees the job cuts would impact.

collapsed last month. The new channel will be 35 feet (12 meters) deep, which is a substantial increase over the three other temporary channels established in recent weeks. It puts the cleanup effort slightly ahead of schedule, as officials previously said they hoped to open a channel of that depth by the end of April.

geo-strategic landscape is characterised by a change that is taking place at an «unprecedented» scale and speed, Army Chief Gen Manoj Pande said on Tuesday while asserting that military strength and capabilities are necessary to prevent wars. Recent geopolitical powerplays have displayed, that where national interests are concerned, countries will «not hesitate» to go to war. These developments have reaffirmed the relevance of hard power, he said this during an event here. The Army chief took part in the AIMA National Leadership Conclave and spoke on 'Hard Power: Modernising Forces through Self-reliance'. He said the overall rise of a nation can be said to occur when there is a significant and continuous increase in its «comprehensive national power».

action plans for around 20 agricultural products including banana, mangoes, potato and baby corn to boost their exports and these are likely to be ready in the next 3-4 months. “We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action. Fresh grapes, pomegranate, watermelon, guava, green chilly, capsicum, okra, garlic, onion, groundnut, alcoholic beverages, cashew nut, buffalo meat, jaggery, natural honey, and ghee are the other products included in the exercise as India aims to increase its share in global exports to 4-5% in the next few years from 2.5% now.

Chinese banks off the global financial system, in the hopes of stopping Beijing's commercial support of Russia's military production, the Wall Street Journal reported on Monday, citing people familiar with the matter. With Secretary of State Antony Blinken due to visit China this week, it remains to be seen whether this financial threat will dent the China-Russia trade enabling Moscow to rebuild its military after losses in Ukraine, the report said. Blinken on Friday criticized Chinese support for Russia's defence industry, saying Beijing was the key contributor to Moscow's war in Ukraine through its provision of critical components for weaponry.

Finally, the United States’ polity has found the resolve to pass a much-delayed aid package for Ukraine after wrangling over it for months, even as the situation for Ukraine has been going from bad to worse on the battlefield against Russia. This much-needed $61 billion package, which includes air defence systems, mid- to long-range missiles and artillery shells, along with more than $9 billion of economic assistance, got the approval of the US House of Representatives last week by 311 votes to 112.

Ukrainian and Western leaders have welcomed the passing of a desperately needed aid package for Ukraine by the U.S. House of Representatives

A billionaire trying to get off Canada’s Russia sanctions list denounced Vladimir Putin and the Ukraine war in a private statement to the government but it didn’t work, Global News has learned.

Buy or sell stocks for today: On account of weak global market sentiments on rising fear of the Iran-Israel war, the Indian stock market ended its four-week winning streak and finished lower on Friday last week. However, Dalal Street ended higher on Friday after losing on all sessions in the week gone by.

The private assets house, which also owns SONG investment adviser Hipgnosis Song Management (HSM), confirmed its $1.24 per share bid was the fourth proposal it had made to acquire the trust, and marked a «significant increase in value» over the $1.16 Concord offer. It argued the SONG board should work with the manager to «reach agreement on a unanimously recommended firm offer in an expeditious manner», a suggestion the board has noted it would be «minded to recommend». 'The drama may not be over yet': Apollo-backed offer could spark bidding war for Hipgnosis Songs Blackstone also ...

A crackdown on how California utilities spend customers' money has failed to pass the state Legislature

Civil War" and "Godzilla x Kong: The New Empire" have dominated the weekend US domestic box-office. 'Abigail' in its debut weekend has made decent box office collection. While, «Civil War» in its second weekend collected $11 million to take numero uno spot, Abigail raked in $10.2 million. «Godzilla x Kong: The New Empire» continues its dream run in the box-office with a collection of $9.8 million.

leaks have surfaced online that show a rumored Fortnite 2024 roadmap which includes a Mad Max collab, Chapter 2 OG, Billie Eilish and more, as per a Dexerto report. Here’s all we know. The Leaks

Kargil war of 1999 remains etched in history as a testament to India's valour and sacrifice. On July 26, 1999, India marked its victory in this war, hoisting the tricolor proudly atop the peaks of Kargil with the bravery and resilience of its soldiers. Among the numerous heroes of the Kargil war stands Yogendra Singh Yadav, the youngest recipient of the Param Vir Chakra, India's highest military honor. Yadav's valorous act of leading the assault on Tiger Hill, despite sustaining 15 bullets, earned him the title of the "Hero of Tiger Hill."

Iraq at a military base in Syria housing a US-led coalition, according to Iraqi security forces. In response, the Iraqi forces launched a major search operation in northern Nineveh province and found the vehicle used in the attack, they said in a statement. It is the first major attack against the coalition forces in several weeks.

Ret. Air Force Brig. Gen. Rob Spalding and Marine raider Garrett Exner discuss tensions in the Middle East on The Evening Edit.

Iran's supreme leader on Sunday dismissed any discussion of whether Tehran's unprecedented drone-and-missile attack on Israel hit anything there, a tacit acknowledgment that despite launching a massive assault, few projectiles actually made through to their targets. Ayatollah Ali Khamenei's comments before senior military leaders didn't not touch on the apparent Israeli retaliatory strike Friday on the central city of Isfahan, even though air defenses opened fire and Iran grounded commercial flights across much of the country. Analysts believe both Iran and Israel, regional archrivals locked in a shadow war for years, are trying to dial back tensions following a series of escalatory attacks between them as Israel's war on Hamas in the Gaza Strip rages on and inflames the wider region.

basmati exports to the EU have consistently risen over the past three years. According to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS), in FY23, India exported 152,857 metric tonnes (MT) of Basmati valued at $167 million, up significantly from 88,452 MT worth about $93.4 million. Between 1 April 2023 and 31 January 2024, India exported 130,122 MT ($168 million) of Basmati to the EU, indicating robust demand for Indian basmati in the EU market.

“Civil War,” Alex Garland’s ominous American dystopia, remained the top film in theaters in its second week of release

«Anyone But You» is loosely based on Shakespeare's «Much Ado About Nothing». The movie is about two young singles whose magical one-night stand ends in miscommunication and hurt feelings, and then find themselves both in a small family wedding party and staying in the same house.