Economists react to India's new central bank chief announcement — Dec 10th, 2024

India appointed career civil servant Sanjay Malhotra as its new central bank governor on Monday in a surprise move that leaves markets guessing about the future direction of monetary policy, as growth slows and high inflation persists....

European countries halt Syrian asylum applications after Assad's fall — Dec 10th, 2024

Many European countries have put asylum applications from Syrians on hold after rebels seized the Syrian capital and President Bashar al-Assad fled to Russia following 13 years of civil war....

India rupee hits record low, bond yields dip as change of guard at RBI spurs rate cut bets — Dec 10th, 2024

The Indian rupee weakened to a record low on Tuesday, pressured by heightened expectations of domestic rate cuts next year after the government named career civil servant Sanjay Malhotra as the next governor of the Reserve Bank of India (RBI)....

Global thermal coal exports and power use to hit new highs in 2024: Maguire — Dec 10th, 2024

Global exports and use of thermal coal will reach all-time highs in 2024, despite the record roll-out of renewable energy generation capacity across all major continents....

Biden vows to veto bill expanding US judiciary after Trump's win — Dec 10th, 2024

President Joe Biden on Tuesday threatened to veto a bipartisan bill to add 66 new judges to understaffed federal courts nationwide, citing the Republican-led U.S. House of Representatives' failure to act on the measure before the Nov. 5 election won by Republican President-elect Donald Tru...

India rupee hits record low, bond yields dip as change of guard at RBI spurs rate cut bets — Dec 10th, 2024

The Indian rupee weakened to a record low on Tuesday, pressured by heightened expectations of domestic rate cuts next year after the government named career civil servant Sanjay Malhotra as the next governor of the Reserve Bank of India (RBI)....

Kinder Morgan forecasts higher profit in 2025 — Dec 9th, 2024

Kinder Morgan forecast higher earnings for 2025 on Monday as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures amid rising demand for the fuel....

Winter meetings: ‘Hurt’ Yankees moving on after Soto departure — Dec 10th, 2024

DALLAS -- The New York Yankees wanted to bring Juan Soto back but the organization ultimately saw him depart for a historic 15-year, $765 million deal with the crosstown Mets....

Satellite imagery shows Russian navy ships anchored off Syrian coast — Dec 10th, 2024

Satellite imagery show that Russian naval ships have left Moscow's base at Tartous on Syria's coast and some have dropped anchor offshore following the overthrow of Syrian President Bashar al-Assad by rebel forces....

India mandates use of locally-made solar cells in clean energy projects from June 2026 — Dec 10th, 2024

Indian clean energy firms will be required to use solar photovoltaic (PV) modules from cells made locally by a government-approved list of companies from June 2026, in a move to curb imports from top supplier China....

Assad's fall in Syria exposes limits of China's Middle East diplomacy — Dec 10th, 2024

The collapse of the Assad regime is a blow for China's global ambitions....

NFL, Justice Department urge Congress to take action on threat from drones — Dec 9th, 2024

The National Football League, the Justice Department, the FBI and other agencies will call on Congress on Tuesday to expand U.S. government authority to detect and destroy drones that could pose security threats over stadiums and other locations....

China's Hengli uses extra import quota to buy Mideast oil from Total, traders say — Dec 10th, 2024

Private Chinese refiner Hengli Petrochemical has snapped up Middle East crude, six traders familiar with the matter said, mostly from TotalEnergies after the French major amassed a large volume of the oil and as Iranian supply to China has tightened....

Myanmar's economy to shrink as floods compound crisis, says World Bank — Dec 11th, 2024

Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply downgrading its economic forecast as severe floods compounded the challenges facing the conflict-torn country....

Biden vows to veto bill expanding US judiciary after Trump's win — Dec 10th, 2024

President Joe Biden on Tuesday threatened to veto a bipartisan bill to add 66 new judges to understaffed federal courts nationwide, citing the Republican-led U.S. House of Representatives' failure to act on the measure before the Nov. 5 election won by Republican President-elect Donald Tru...

Winter meetings: ‘Hurt’ Yankees moving on after Soto departure — Dec 10th, 2024

DALLAS -- The New York Yankees wanted to bring Juan Soto back but the organization ultimately saw him depart for a historic 15-year, $765 million deal with the crosstown Mets....

Assad's fall in Syria exposes limits of China's Middle East diplomacy — Dec 10th, 2024

The collapse of the Assad regime is a blow for China's global ambitions....

Global thermal coal exports and power use to hit new highs in 2024: Maguire — Dec 10th, 2024

Global exports and use of thermal coal will reach all-time highs in 2024, despite the record roll-out of renewable energy generation capacity across all major continents....

Mauritius prime minister: previous government misstated GDP and public debt — Dec 10th, 2024

Mauritius' previous government falsified the country's gross domestic product (GDP), budget deficit and public debt figures for years, its new prime minister said on Tuesday, accusing the former administration of practicing "voodoo economics"....

Satellite imagery shows Russian navy ships anchored off Syrian coast — Dec 10th, 2024

Satellite imagery show that Russian naval ships have left Moscow's base at Tartous on Syria's coast and some have dropped anchor offshore following the overthrow of Syrian President Bashar al-Assad by rebel forces....

Myanmar's economy to shrink as floods compound crisis, says World Bank — Dec 11th, 2024

Myanmar's economy is expected to shrink by 1% in the current fiscal year, the World Bank said on Wednesday, sharply downgrading its economic forecast as severe floods compounded the challenges facing the conflict-torn country....

Brussels seeks more information on secret Google-Meta ads deal targeting teens, FT reports — Dec 10th, 2024

European regulators have asked Google for more information about its now-scrapped secret advertising partnership with Instagram-parent Meta Platforms that ignored the search company's rules on how minors should be treated online, the Financial Times reported on Tuesday....

Australian teen Gout's record run earns Bolt comparison — Dec 11th, 2024

Schoolboy sensation Gout Gout is bathing in new-found celebrity and savouring comparisons with Usain Bolt following his eye-catching runs at the Australian schools championships in Brisbane....

Australian teen Gout's record run earns Bolt comparison — Dec 11th, 2024

Schoolboy sensation Gout Gout is bathing in new-found celebrity and savouring comparisons with Usain Bolt following his eye-catching runs at the Australian schools championships in Brisbane....

India markets regulator to allow optional same-day settlement for 500 stocks — Dec 10th, 2024

India's markets regulator on Tuesday expanded the scope of optional same-day settlement cycle, increasing the number of eligible stocks and setting a clear implementation timeline....

Wildfire forces evacuations in Malibu, California; students shelter in place — Dec 10th, 2024

Sheriff deputies in Malibu, California, just north of Los Angeles, were going door to door before the break of dawn on Tuesday ordering people to evacuate as a nearby wildfire rapidly intensified, threatening homes in the beach community....

Switzerland suspends Syria asylum proceedings after Assad's fall — Dec 10th, 2024

The Swiss government said it was suspending asylum procedures for Syrians until it can better assess the situation in the Middle Eastern country following the capture of Damascus by rebels and Syrian President Bashar al-Assad's flight to Russia....

Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up — Dec 10th, 2024

Pakistan’s largest conglomerate Engro Corp , through it’s strategic partnership with Veon , is eyeing expanding telecom tower-sharing coverage in Pakistan and exploring different use cases in telecom infrastructure....

India mandates use of locally-made solar cells in clean energy projects from June 2026 — Dec 10th, 2024

Indian clean energy firms will be required to use solar photovoltaic (PV) modules from cells made locally by a government-approved list of companies from June 2026, in a move to curb imports from top supplier China....

Sweden's Husqvarna warns of weaker sales, operating loss in Q4 — Dec 10th, 2024

Husqvarna expects its organic sales for the fourth quarter to decline year-on-year due to challenging market conditions, particularly in North America, as well as an unfavourable product mix, the Swedish group said late on Monday....

Pakistan's largest conglomerate Engro Corp eyes tower sharing expansion with Veon tie-up — Dec 10th, 2024

Pakistan’s largest conglomerate Engro Corp , through it’s strategic partnership with Veon , is eyeing expanding telecom tower-sharing coverage in Pakistan and exploring different use cases in telecom infrastructure....

India markets regulator to allow optional same-day settlement for 500 stocks — Dec 10th, 2024

India's markets regulator on Tuesday expanded the scope of optional same-day settlement cycle, increasing the number of eligible stocks and setting a clear implementation timeline....

Brussels seeks more information on secret Google-Meta ads deal targeting teens, FT reports — Dec 10th, 2024

European regulators have asked Google for more information about its now-scrapped secret advertising partnership with Instagram-parent Meta Platforms that ignored the search company's rules on how minors should be treated online, the Financial Times reported on Tuesday....

Images of unmasked suspect in UnitedHealth executive shooting key to arrest — Dec 9th, 2024

In the end, the big break turned out to be a pair of images at a New York hostel....

Spain to keep processing Syrian asylum requests for now — Dec 10th, 2024

Spain will keep processing asylum requests from Syrian nationals as usual following Sunday's fall of President Bashar al-Assad, Foreign Minister Jose Manuel Albares said on Tuesday....

Sweden's Husqvarna warns of weaker sales, operating loss in Q4 — Dec 10th, 2024

Husqvarna expects its organic sales for the fourth quarter to decline year-on-year due to challenging market conditions, particularly in North America, as well as an unfavourable product mix, the Swedish group said late on Monday....

Flames, struggling offense travel to disappointing Predators — Dec 10th, 2024

A pair of struggling teams will face each other when the Nashville Predators play host to the Calgary Flames on Tuesday....

Mauritius prime minister: previous government misstated GDP and public debt — Dec 10th, 2024

Mauritius' previous government falsified the country's gross domestic product (GDP), budget deficit and public debt figures for years, its new prime minister said on Tuesday, accusing the former administration of practicing "voodoo economics"....

Flames, struggling offense travel to disappointing Predators — Dec 10th, 2024

A pair of struggling teams will face each other when the Nashville Predators play host to the Calgary Flames on Tuesday....

Insurer ASR says it could invest in Dutch defence companies — Dec 9th, 2024

Dutch insurer ASR said on Monday it would consider investing in Dutch defence companies, following a call from the government to provide capital for a stronger European defence industry....

Rupee ends marginally lower, near-term bearish bias tipped to persist — Dec 9th, 2024

The Indian rupee closed slightly weaker on Monday, weighed down by a decline in its Asian peers with analysts expecting the local currency to continue facing headwinds amid persistent strength in the U.S. dollar....

Switzerland suspends Syria asylum proceedings after Assad's fall — Dec 10th, 2024

The Swiss government said it was suspending asylum procedures for Syrians until it can better assess the situation in the Middle Eastern country following the capture of Damascus by rebels and Syrian President Bashar al-Assad's flight to Russia....

Economists react to India's new central bank chief announcement — Dec 10th, 2024

India appointed career civil servant Sanjay Malhotra as its new central bank governor on Monday in a surprise move that leaves markets guessing about the future direction of monetary policy, as growth slows and high inflation persists....

Flames, struggling offense travel to disappointing Predators — Dec 10th, 2024

A pair of struggling teams will face each other when the Nashville Predators play host to the Calgary Flames on Tuesday....

Spain to keep processing Syrian asylum requests for now — Dec 10th, 2024

Spain will keep processing asylum requests from Syrian nationals as usual following Sunday's fall of President Bashar al-Assad, Foreign Minister Jose Manuel Albares said on Tuesday....

China's Hengli uses extra import quota to buy Mideast oil from Total, traders say — Dec 10th, 2024

Private Chinese refiner Hengli Petrochemical has snapped up Middle East crude, six traders familiar with the matter said, mostly from TotalEnergies after the French major amassed a large volume of the oil and as Iranian supply to China has tightened....

Russia takes step towards recognising Afghanistan's Taliban government — Dec 10th, 2024

Russia moved a step closer towards recognising the Taliban government of Afghanistan on Tuesday as parliament voted in favour of a law that would make it possible to remove the Taliban from Moscow's list of banned terrorist organisations....

European countries halt Syrian asylum applications after Assad's fall — Dec 10th, 2024

Many European countries have put asylum applications from Syrians on hold after rebels seized the Syrian capital and President Bashar al-Assad fled to Russia following 13 years of civil war....

Wildfire forces evacuations in Malibu, California; students shelter in place — Dec 10th, 2024

Sheriff deputies in Malibu, California, just north of Los Angeles, were going door to door before the break of dawn on Tuesday ordering people to evacuate as a nearby wildfire rapidly intensified, threatening homes in the beach community....

Russia takes step towards recognising Afghanistan's Taliban government — Dec 10th, 2024

Russia moved a step closer towards recognising the Taliban government of Afghanistan on Tuesday as parliament voted in favour of a law that would make it possible to remove the Taliban from Moscow's list of banned terrorist organisations....