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Showing posts from September, 2023

Family Offices, UHNIs take direct investment route for higher returns

Family offices and ultra-high net worth individuals (UHNIs) are increasingly considering direct investment programs alongside fund managers to gain more autonomy and potentially higher returns. These co-investment programs allow LPs to choose which startups to fund and typically do not have management fees. LPs are looking to back proven winners with a strong track record, particularly in the tough fundraising environment caused by a slowdown in venture fund investments in India. from Stocks-Markets-Economic Times https://ift.tt/EW9t6v5

Chinese lottery ticket sales soar amid weak economy, job prospects

Some social media commentators linked the sharp rise in lottery sales to young people’s deepening economic worries as youth unemployment rate hits record highs. from Sydney Morning Herald - World https://ift.tt/y6L7wPJ

To protect nation’s ‘feelings’, Beijing poised to regulate what people can wear

In China, where fashion has been used as a weapon, a new law threatens fines of up to $1000 for clothes that “undermine the spirit” of the nation. from Sydney Morning Herald - World https://ift.tt/L98CBxy

U2 opens $3.58b Vegas Sphere, taking live music to a new dimension

U2 made their presence felt at the Sphere, which stands 111 meters high and 157 meters wide and surrounds the audience with massive visuals and pure sound. from Sydney Morning Herald - World https://ift.tt/6d7eXG4

Convenient false fire alarm at Capitol as Democrats were trying to delay vote

At the time of the evacuation House Democrats were working to delay a vote on a 45-day funding bill to keep federal agencies open. A Democrat said he accidentally triggered the alarm. from Sydney Morning Herald - World https://ift.tt/fvN8yaj

House passes spending bill to avert US government shutdown

The US government has avoided a shut down, passing a 45-day short term spending bill - just hours before deadline. from Sydney Morning Herald - World https://ift.tt/t1dqPFM

Tamilnad Mercantile Bank MD S Krishnan resigns citing 'personal reasons'

Managing Director of Tamilnad Mercantile Bank, S Krishnan, has resigned from his position, citing "personal reasons" just 13 months after taking charge. This comes shortly after the bank made an alleged mistake of transferring Rs 9,000 crore to a taxi driver's account in Chennai. The bank has not responded to inquiries regarding the matter. from Stocks-Markets-Economic Times https://ift.tt/3QlLer7

Republican chaos in Congress all but assures US government shutdown

House Speaker Kevin McCarthy last week accused his Republican rivals of wanting to “burn the whole place down” but today he vowed to keep working on a funding deal. from Sydney Morning Herald - World https://ift.tt/WCElUkM

‘Life-threatening’ New York deluge triggers flash floods, swamps subways

The floods capped one of New York’s wettest Septembers on record, with 34.9 cm of rain falling during the month. from Sydney Morning Herald - World https://ift.tt/Zi3VRFD

Suspect arrested in 1996 Tupac shooting death

A suspect has been indicted with the murder of Tupac Shakur, nearly 30 years after the rap icon was gunned down. from Sydney Morning Herald - World https://ift.tt/ifICR5H

The day my friendship with Louise Adler ended

In an extract from his new book, former Age editor Michael Gawenda recounts the end of his friendship with the publishing powerhouse. from Sydney Morning Herald - World https://ift.tt/5VCUrIk

US SEC charges 12 firms with record keeping failures

Securities and Exchange Commission (SEC) said the companies, including Interactive Brokers Corp, Fifth Third Securities and Nuveen Securities, agreed to pay a total of $79 million and admitted they violated the record keeping rules from Stocks-Markets-Economic Times https://ift.tt/CPNRpZG

CAD halves to a deficit of $9.2 billion in Q2

India's current account deficit narrowed to $9.2 billion in the June quarter, compared to $17.9 billion in the same period last year, due to lower global crude and commodity prices. The deficit was 0.1% of GDP, down from 2.1% in the previous year, but higher than the $1.3 billion in the preceding quarter. The capital account comfortably financed the deficit, resulting in a balance of payments surplus. However, the deficit is expected to widen in the September quarter due to higher trade deficits and rising crude oil prices. from Stocks-Markets-Economic Times https://ift.tt/9iAoVpt

For critical minerals supply we need investment standards, BHP boss warns

Mike Henry said urbanisation, industrialisation and population growth were driving demand for the key minerals. They are also at the heart of US-China competition. from Sydney Morning Herald - World https://ift.tt/kPvrXpg

Bots, trolls, and buyouts: US accuses China of global media manipulation

The US State Department said Beijing has spent billions of dollars annually on information manipulation efforts, including by acquiring stakes in foreign media. from Sydney Morning Herald - World https://ift.tt/SGTYegB

Man arrested in the Dutch city of Rotterdam following deadly shooting spree

Man arrested in the Netherlands after at least two people shot dead in Rotterdam. from Sydney Morning Herald - World https://ift.tt/NFPpxJ3

Milkman’s son, assassin’s target: Family of Sikh activist killed in Canada speaks

The 45-year-old’s killing has thrust his family and his village into a drama that has consumed India and Canada, and fuelled accusations of terrorism and espionage. from Sydney Morning Herald - World https://ift.tt/x0B3X48

Soldier Travis King expelled from North Korea, in US custody

The incident triggered heated discussions inside the US government, but Washington declined to declare him a prisoner of war. from Sydney Morning Herald - World https://ift.tt/KN9YG70

Credit Suisse faces wider US probe over Russia sanctions: Report

The Bloomberg report said a full-scale investigation by the Department of Justice focusing mainly on Credit Suisse and potential sanctions violations was now underway. from Stocks-Markets-Economic Times https://ift.tt/sJMyHKj

CESC board okays issue of 30,000 NCDs to raise Rs 300 crore

The board of power utility company CESC on Wednesday approved the issuance of 30,000 non-convertible debentures on private placement basis to raise Rs 300 crore. "Committee of the board at its meeting held today, from Stocks-Markets-Economic Times https://ift.tt/HQDzWwk

Stock market update: Nifty Pharma index advances 1.19%

The Nifty Pharma index closed 1.19 per cent up at 15159.8. from Stocks-Markets-Economic Times https://ift.tt/3Wfg2in

Tech View: Nifty gives signs of pullback but clear breakout awaited. What traders should do on Thursday

For the traders now, 19630 would act as a key support level. Above which, the market could continue the positive momentum till 19800-19825. On the flip side, below 19630 uptrend would be vulnerable, said Shrikant Chouhan of Kotak Securities from Stocks-Markets-Economic Times https://ift.tt/Dp6asL9

Commander's multiple biting incidents

President Joe Biden’s dog has bitten a number of Secret Service agents. from Sydney Morning Herald - World https://ift.tt/9oG2MnW

Chess grandmaster denies using sex toy to beat five-time world champ

Piers Morgan pressed Hans Niemann on whether he uses vibrating anal beads to beat Magnus Carlsen, considered by many to be the greatest player of all time. from Sydney Morning Herald - World https://ift.tt/Ma7cjn4

Miya Marcano's autopsy results released

The autopsy report revealed 19-year-old died of a homicide, but did not say how. from Sydney Morning Herald - World https://ift.tt/kcGgazq

Shakira charged with tax evasion again

Colombian Singer Shakira has been charged with tax evasion for a second time in Spain. from Sydney Morning Herald - World https://ift.tt/lvuF8Gr

Donald Trump committed fraud 'for years' judge rules

A US judge has ruled that Donald Trump committed fraud by overvaluing his assets. from Sydney Morning Herald - World https://ift.tt/35KD4xZ

Joe Biden becomes first sitting US President to join union picket line

Joe Biden makes history by becoming first sitting US President to join union picket line. from Sydney Morning Herald - World https://ift.tt/hWORgFG

Fuel explosion death toll leaps to 125 as Armenians filled up to flee

The death toll from an explosion and fire at a fuel depot in Nagorno-Karabakh has sharply increased as hundreds suffered burns while filling up with fuel. from Sydney Morning Herald - World https://ift.tt/9Pfz8rn

Passengers stuck upside down after amusement park malfunction

An amusement park ride in Canada leaves passengers hanging upside down for almost 30 minutes after malfunctioning. from Sydney Morning Herald - World https://ift.tt/AIR87JB

In ‘special operation’, Philippine coast guard removes barrier placed by China

Philippine officials condemned China’s installation of a 300-metre-long barrier at the entrance to the rich fishing waters of the lagoon at Scarborough Shoal. from Sydney Morning Herald - World https://ift.tt/kDjoL4C

Ten dead after tornadoes tear through eastern China

At least 10 people have died after two tornadoes ripped through two cities in China, the latest in a spate of extreme weather events to hit the country. from Sydney Morning Herald - World https://ift.tt/rgeHu82

Far-right Republicans poised to hand the US fresh government shutdown

Appealing to conservatives’ eagerness for conducting investigations into Biden, one Republican warned: “If you shut down the government you can’t continue that.” from Sydney Morning Herald - World https://ift.tt/MbrlHBs

Russell Brand allegations prompt UK police to open sexual offences investigation

UK police open sexual offences investigation after allegations about Russell Brand. from Sydney Morning Herald - World https://ift.tt/9EyVFJc

Notorious Italian Mafia boss Matteo Messina Denaro dies in prison hospital

Infamous Italian Mafia boss Matteo Messina Denaro dies in prison after long illness. from Sydney Morning Herald - World https://ift.tt/ZBiFEGq

‘Not a circus’: DeSantis and California governor to go head-to-head in Fox News debate

Ron DeSantis is scheduled to appear in the second debate of Republican candidates for the 2024 presidential nomination later this week. from Sydney Morning Herald - World https://ift.tt/9UNra84

ICICI Lombard appoints Sanjeev Mantri as new MD & CEO

Sanjeev Mantri's term is for five consecutive years or until his date of retirement, subject to IRDAI and shareholder approval, the company said in a notification to stock exchanges. from Stocks-Markets-Economic Times https://ift.tt/eZYx6m5

Taco Bell lawsuit over 'deceptive' ads

A false-advertising lawsuit has been launched against Taco Bell in US. from Sydney Morning Herald - World https://ift.tt/YI0hfPx

NASA's first asteroid samples land on Earth after release from spacecraft

NASA's first asteroid samples fetched from deep space have parachuted into the US desert. from Sydney Morning Herald - World https://ift.tt/mR2aOEL

America faces a woeful choice between criminality and senility

Between Joe Biden and Donald Trump, the 2024 US presidential election is set to be historic for all the wrong reasons. from Sydney Morning Herald - World https://ift.tt/Qjb98gl

Global cues, FII action, F&O expiry among 9 factors to drive Dalal Street this week

Foreign portfolio investors, which turned sellers in the domestic market early this month, remained so in the week gone by. So far in September, they have net sold Indian equities worth Rs 10,164 crore, according to NSDL data. In the cash market, FII sold shares to the tune of Rs 18,260 crore, so far this month. from Stocks-Markets-Economic Times https://ift.tt/wsMRGZ2

Key to prevent 7000 amputations a year could be found in the zoo

Zoo animal faeces contain bacteria-fighting viruses that could stop infections and prevent 7000 amputations in Britain each year, scientists believe. from Sydney Morning Herald - World https://ift.tt/Yn09jgC

Anti-monarchy campaigners stage protest inside Buckingham Palace

Anti-monarchists Republic released a photo of protesters inside the palace wearing T-shirts that spelled out "Not My King". from Sydney Morning Herald - World https://ift.tt/39tOBZF

Russian commanders ‘killed or badly injured’ in missile strike on military meeting

Kyiv claims several Russian commanders have been killed or badly injured in the attack on the headquarters of Russia’s Black Sea Fleet. from Sydney Morning Herald - World https://ift.tt/IiXnP7b

America’s ‘Agatha Christie mystery’ ambassador mum on Japan joining AUKUS

Rahm Emanuel said he would keep speaking out on China, but was more diplomatic when asked if Japan should also be acquiring nuclear submarines. from Sydney Morning Herald - World https://ift.tt/DinI10K

​4 PSU stocks touched their 52-week high onFriday, do you own any?

from Stocks-Markets-Economic Times https://ift.tt/g8iPjH1

Wall St Week Ahead: Fed wary investors eye mounting risks to US stock rally

Market participants are also grappling with several potential threats to U.S. economic growth, whose resilience this year has helped push stocks higher. Foremost is the challenge presented by higher rates, if the Fed follows through on its pledge to keep borrowing costs elevated as it seeks to decisively turn the tide on inflation. from Stocks-Markets-Economic Times https://ift.tt/ADzrkSy

World of Photos, September 24, 2023

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/BpKZsf6

‘Terrible’: Author gets hammered over $78 airport meal complaint

With autoworkers and Hollywood on strike, the controversy comes as the issue of economic equality and class has surged to the fore in the US. from Sydney Morning Herald - World https://ift.tt/XI3qH10

‘We got a pilot in the house’: Missing F-35 drama captured on 911 call

The F-35 crashed on Sunday 100 kilometres away from the spot the pilot ejected after a malfunction, sparking a search and a plea for the public to help. from Sydney Morning Herald - World https://ift.tt/1a5Y9FC

Markets fall for a 3rd day as Fed keeps 2023 hike in play

NSE's Nifty fell 159.05 points or 0.8% to close at 19,742.35. BSE's Sensex declined 570.60 points or 0.85% to end at 66,230.24. Both indices have dropped close to 2.4% in the past three trading sessions after hitting record highs last week. from Stocks-Markets-Economic Times https://ift.tt/4ks70vb

The consequential career of Rupert Murdoch: a timeline

Over 70 years, Murdoch built a controversial empire and became one of the leading media executives in the world. from Sydney Morning Herald - World https://ift.tt/H6MLR3X

‘Good news for conservatives’: How the world reacted to Murdoch’s decision

Rupert Murdoch’s announcement that he is handing over the reins to his son has drawn a range of positive and negative responses across the political world. from Sydney Morning Herald - World https://ift.tt/JbsYFex

Sebi notifies rule for listing non-convertible debt securities

The move is aimed at facilitating transparency in price discovery of non-convertible debt securities, providing better disclosures to investors and the market, and avoiding ISIN-level confusion and possible mis-selling of unlisted bonds from Stocks-Markets-Economic Times https://ift.tt/GZhobIX

Why Singapore is turfing its turf club

When you’ve got 6 million people to house in an area smaller than Canberra, something’s gotta give. from Sydney Morning Herald - World https://ift.tt/4rFNyAd

Fed keeps rates unchanged but signals likelihood of another hike this year

The move to leave its benchmark rate at about 5.4% suggests that the Fed thinks it has time to wait and see if the 11 rate hikes it unleashed starting in March 2022 will continue to cool rising prices. from Stocks-Markets-Economic Times https://ift.tt/ED7fcsR

Armoured vehicle finally back on pensioner's Auckland lawn

Lenard Phillips, an ex-soldier living in Orakei, received an armoured vehicle that was mistakenly confiscated by the government. from Sydney Morning Herald - World https://ift.tt/zitBHuy

Rupert Murdoch ‘often wishes Donald Trump was dead’

Trump’s death has become a recurrent subject in the Australian billionaire’s rants, according to new book. from Sydney Morning Herald - World https://ift.tt/maXS4qY

India tells citizens in Canada to exercise caution as relations worsen

Relations between Canada and India have sunk to their lowest point in years over the killing of a Sikh separatist leader. from Sydney Morning Herald - World https://ift.tt/A2ibnhJ

Federal Reserve keeps interest rate steady, says inflation remains elevated

This week’s Fed meeting comes as central banks around the world are mostly raising rates to fight inflation, which spiked after the pandemic hampered global supply chains, causing shortages and higher prices. from Stocks-Markets-Economic Times https://ift.tt/XMu2rV4

Omkarm Capital launches AIF targeting Rs 300 crore

The fund is a Category II AIF under SEBI AIF Regulations. Omkarm sees Indian infrastructure logistics as one of the areas that will drive the country forward as well as deliver high-quality returns, thereby aligning with the investment manager’s core value of delivering purpose-backed returns. from Stocks-Markets-Economic Times https://ift.tt/ujqgUKD

Microsoft eyes Apple's spot as world's largest stock

Microsoft is closing in on Apple in the stock market due to perceived better growth and lower China risk. Microsoft's shares have outperformed Apple's, bringing the two companies' market values closer together. Microsoft's positions in cloud computing and artificial intelligence make it more appealing to investors. Analysts believe Microsoft may overtake Apple in market value, given its stronger margins and growth prospects in the long term. While Apple's market cap is still higher, Microsoft has narrowed the gap to around $200 billion. Wall Street often shows a preference for Microsoft over Apple. from Stocks-Markets-Economic Times https://ift.tt/dBSEx9r

OECD raises India’s growth forecast for FY24 to 6.3 per cent; inflation outlook revised upward

The Indian economy is expected to grow at an average rate of 6.3% in FY24, higher than the earlier projection of 6%, according to the Organisation for Economic Co-operation and Development (OECD). The report also notes that India's inflation has been revised upward to 5.3% from the earlier projection of 4.8%. While the OECD calls for restrictive monetary policy to control inflation, it suggests that some countries, including India, could consider easing next year. from Stocks-Markets-Economic Times https://ift.tt/luRbvZY

RBI extends HDFC Bank MD’s tenure by 3 years

The Reserve Bank of India has approved the re-appointment of Sashidhar Jagdishan as MD and CEO of HDFC Bank. Jagdishan, a chartered accountant with over 31 years of experience, joined the bank in 1996 and has played a critical role in its growth. from Stocks-Markets-Economic Times https://ift.tt/DUTEHzn

New Zealand struck by 6.2 magnitude earthquake

A powerful 6.2 magnitude earthquake has rattled New Zealand's South Island. from Sydney Morning Herald - World https://ift.tt/I3euTAs

‘Concerning reports’: Penny Wong downplays risk of India meddling in Australia affairs

Foreign Minister Penny Wong said the government had raised the issue of the alleged assassination of a Canadian citizen by India with diplomatic counterparts. from Sydney Morning Herald - World https://ift.tt/KIP2pBH

US President Joe Biden urges world to continue to stand with Ukraine in UN speech

US President Joe Biden warns the world must continue backing Ukraine against Russia. from Sydney Morning Herald - World https://ift.tt/fm47Yic

YouTube suspends Russell Brand from making money after sexual assault claims

YouTube cuts off Russell Brand from making money off its platform after rape and sexual assault allegations. from Sydney Morning Herald - World https://ift.tt/tugB40k

NYC childcare owner tried to cover up drug operation after baby’s exposure to fentanyl, police allege

Officials say they discovered a kilogram of fentanyl stored on top of play mats used by children who attended the childcare centre, as well as devices for packing and mixing narcotics. from Sydney Morning Herald - World https://ift.tt/UvfoAet

Five Americans freed by Iran in prisoner swap

It was unclear whether the exchange might bring progress on the many issues that divide the two nations, including Iran’s nuclear program. from Sydney Morning Herald - World https://ift.tt/YJMOeQ8

JSW Infra IPO opens on September 25; price band fixed at Rs 113-119; check key details

from Stocks-Markets-Economic Times https://ift.tt/ctmkIsd

China secures its fringes by force. Australia should do it by invitation

The governments of the Pacific island nations are asking for visa-free travel to Australia and New Zealand. Here’s why it makes sense. from Sydney Morning Herald - World https://ift.tt/gtyXYiR

SJVN, Ircon among 10 stocks with bearish RSI

On September 15, Friday, StockEdge identified 12 such stocks, and ETMarkets has chosen 10 of them for a closer look. Discover why RSI can be a game-changer for investors. from Stocks-Markets-Economic Times https://ift.tt/ZxlgWMU

Dhanlaxmi Bank independent director resigns citing differences from other board members

The director, Sridhar Kalyanasundaram, who was appointed to the board in December last year, wrote a tell-all resignation letter to the board detailing his differences regarding rights issue of shares, complained of lack of support from other board members and raised concerns over their ‘lack of in depth banking knowledge’. from Stocks-Markets-Economic Times https://ift.tt/Wp0mKnS

FII activity, L&T share buyback among top 10 factors to impact D-Street mood this week

In the coming days, the market may react to some major macroeconomic data such as US S&P Global manufacturing and services PMI, initial jobless claims, building permits, crude oil inventories, existing home sales, FOMC policy outcomes, UK and Eurozone inflation, among others, Nanda said from Stocks-Markets-Economic Times https://ift.tt/iQbxt0m

Public sculpture on schedule for completion date: the year 3183

There are 116 more blocks to add before the Time Pyramid will be complete, when it will stand more than seven metres tall. One block every decade. from Sydney Morning Herald - World https://ift.tt/ihmHJMX

North Korea coming out of the cold, Russia talks up military ties

South Korea and the US said military co-operation between North Korea and Russia would violate UN sanctions against Pyongyang and there would be a price to pay. from Sydney Morning Herald - World https://ift.tt/ZMYnrlS

Russell Brand addresses sexual assault allegations on stage

Russell Brand did not disappoint his fans; they had turned out in their hundreds. Elon Musk and Andrew Tate have also posted about their support online. from Sydney Morning Herald - World https://ift.tt/QyCId4r

Letter shows Vatican knew about Nazi death camps despite long denial

The Holy See has long argued that it couldn’t verify diplomatic reports of the Holocaust to denounce it during World War II. from Sydney Morning Herald - World https://ift.tt/HaM9Ns4

BBC defends playing song telling listeners to kick trans-critical TERFs

The BBC defended airing the song, and says it hasn’t banned Roisin Murphy songs after her comments about puberty blockers. from Sydney Morning Herald - World https://ift.tt/SnxGLCv

Flood-ravaged Derna struggles to cope with aftermath

The World Health Organisation urged authorities in Libya to stop burying flood victims in mass graves, saying these could bring long-term mental distress. from Sydney Morning Herald - World https://ift.tt/P3LNM1e

Colombian artist Fernando Botero, ‘South America’s Picasso’, dies at 91

Colombian artist Fernando Botero, whose sculptures and paintings of playful, rotund subjects in sometimes harrowing situations made him one of the world’s richest artists, has died at 91. from Sydney Morning Herald - World https://ift.tt/58rhSYC

Special counsel seeks gag order on Trump in 2020 election case

Prosecutors want Trump restricted from giving statements about “the identity, testimony, or credibility of prospective witnesses”. from Sydney Morning Herald - World https://ift.tt/LA3FGmX

UK bans American XL Bully dogs

UK Prime Minister Rishi Sunak has announced the American XL Bully will be banned. from Sydney Morning Herald - World https://ift.tt/8VHx1dQ

Drew Barrymore at centre of firestorm over show’s production during strike

Members of the Writers Guild of America say Barrymore is violating terms of their work stoppage by filming new episodes. She’s vowing to push ahead. from Sydney Morning Herald - World https://ift.tt/8p7IuaG

The wild, green shrub in Afghanistan that is dividing drug experts

Researchers in country and abroad were left scratching their heads this week after a UN report raised alarm about the surging manufacture of crystal meth in Afghanistan. from Sydney Morning Herald - World https://ift.tt/7wNyMiX

Repayment worries: Lenders' debt recast plan for MEP Infra hinges on a green light at the toll booth

MIPL, a part of the Jayant Mhaiskar-promoted MEP Infrastructure Developers (MIDL), owes lenders led by IDFC First Bank more than ₹2,600 crore. Its agreement with the Maharashtra State Road Development Corporation (MSRDC) allows the company to collect tolls at all five entry points into Mumbai. from Stocks-Markets-Economic Times https://ift.tt/RLsvXUi

US cop captured saying woman killed by police car had 'limited value'

A US police officer is under investigation after bodycam captured him saying a woman killed by a police car had 'limited value'. from Sydney Morning Herald - World https://ift.tt/kzSQKj3

Do it! Kevin McCarthy challenges Trump Republicans to try to oust him

“File the f---ing motion,” McCarthy said, using a profanity for emphasis, according to those in the private meeting. from Sydney Morning Herald - World https://ift.tt/XW75YHk

How often do men think about ancient Rome? Quite frequently, it seems

“Once you get enough exposure to the Roman Empire, whether it’s the military stuff or the law, you start to see it everywhere,” said one Roman gladiator re-enactor. from Sydney Morning Herald - World https://ift.tt/5lV2uxh

Libyan death toll soars to 11,300 after flooding in coastal city of Derna

A UN official said on Thursday that most casualties could have been avoided if the war-torn country could have issued weather warnings. from Sydney Morning Herald - World https://ift.tt/P5MAyTJ

Hunter Biden indicted on three federal gun charges

The charges present a significant headache for the US president as he attempts to rachet up his campaign amid record low approval ratings and lingering concerns about his age. from Sydney Morning Herald - World https://ift.tt/SIWYqzJ

Australian actor’s parents among 200 ‘well and truly stuck’ after failed rescue

An attempt to free the Ocean Explorer with a large fishing trawler has failed and a Danish warship is now on its way but won’t get there until Saturday. from Sydney Morning Herald - World https://ift.tt/JnRwSjO

Mexican congress shown 'mummified aliens'

UFO researcher Jaime Maussan presented what he says are the remains of "non-human" beings to congress in Mexico. from Sydney Morning Herald - World https://ift.tt/ulD1N0J

Why Kim Jong-un’s meeting with Putin is an embarrassment for China

Greater co-operation between North Korea and Russia could throw off the delicate balance in the Indo-Pacific, a region where China has for so long pulled the puppet strings. from Sydney Morning Herald - World https://ift.tt/1r8Q475

US authorities recapture convicted murderer who had been on the run for 14 days

Convicted murderer who escaped from US jail back behind bars after 14 days at large from Sydney Morning Herald - World https://ift.tt/JeVO9lj

Convicted Brazilian fugitive captured, ending two-week manhunt in US

Danelo Cavalcante broke out of prison two weeks earlier by climbing between two walls that formed a narrow corridor in the jailhouse yard. from Sydney Morning Herald - World https://ift.tt/sSlpIQF

US largest source of FDI in FY23; Mauritius, UK next

The census results showed that the United states followed by Mauritius, the United Kingdom and Singapore accounted for 60 percent of the inward FDI in the country in 202-23. In case of overseas direct investment - ODI - also, Singapore, the United States and the United Kingdom and the Netherlands were among the top four destinations accounting for 60 percent of the Rs 9.1 lakh crore invested by Indian entities in 2022-23. from Stocks-Markets-Economic Times https://ift.tt/nDI9BbW

‘High price’: Navalny could be traded in Russian prisoner swap deal

Russian opposition leader Alexey Navalny, who has been jailed since 2021 on a 30-year jail sentence, but he may be part of a looming prisoner swap deal. from Sydney Morning Herald - World https://ift.tt/l2zxY7d

Top Republican politician announces impeachment inquiry into US President Joe Biden

Impeachment inquiry into US President Joe Biden to begin, says top Republican politician from Sydney Morning Herald - World https://ift.tt/AN3ecFo

Mid-market PE fund Xponentia raises Rs 1000-crore for its second fund

The homegrown fund, which counts Barbeque Nation and Altigreen among its portfolios, launched the fund in early 2022. The Fund II has its investors including Indian family offices, domestic financial institutions, corporates, insurance companies and the Fund of Funds program managed by Small Industries Development Bank of India from Stocks-Markets-Economic Times https://ift.tt/SARTthp

House speaker announces impeachment inquiry into Biden

The decision comes after Republicans spent months attempting to tie Biden to the business ventures of his son, Hunter Biden, whose history of sex, drugs and shady money have made him an ongoing liability for the White House. from Sydney Morning Herald - World https://ift.tt/KN4Y0Ed

Celebrations at National Stock Exchange as Nifty touches 20,000 mark for the first time ever

from Stocks-Markets-Economic Times https://ift.tt/kru6M8C

Xi’s increasingly ‘extreme’ rhetoric points to only one thing

While other G20 world leaders met in Indonesia, the Chinese president was busy preparing his country for “the danger of war”. from Sydney Morning Herald - World https://ift.tt/X4rayo0

L&T increases share buyback offer price to Rs 3,200

The Board has also approved to reduce the number of shares to be bought back from investors to 3.12 crore, which represents 2.22% of equity. The company had earlier proposed to buy back about 3.33 crore shares. This is the first buyback announced by the company since the listing. from Stocks-Markets-Economic Times https://ift.tt/PorytJa

Market share of PSU general insurers falls

State-run general insurers in India now account for less than a third of the industry premium, as larger private non-life insurers have strengthened their position in the market. Public sector insurers saw their premium income decrease by 1% to Rs 34,203 crore during the first five months of the fiscal year. from Stocks-Markets-Economic Times https://ift.tt/eH80Ays

Top Gear halted after Flintoff crash

Freddie Flintoff was injured in a high-speed crash at Dunsfold Park Aerodrome in Surrey. from Sydney Morning Herald - World https://ift.tt/kvqeHMJ

Putin hitman wanted as part of prisoner swap after killing dissident

Moscow is seeking the return of Vadim Krasikov, the hitman jailed in Germany for the assassination of a Chechen dissident. from Sydney Morning Herald - World https://ift.tt/XABUEiK

Prince Harry thrashed by German defence minister in TV penalty shootout

Harry was told was if he lost the tongue-in-cheek shootout he would have to put on a German team jersey ... but the best they could do was a scarf. from Sydney Morning Herald - World https://ift.tt/kFYMWBA

Elon Musk’s 11th child named Techno Mechanicus

The full name of the child, nicknamed Tau, was leaked in a review of the tech tycoon’s forthcoming biography. It is Musk’s third child with singer Grimes. from Sydney Morning Herald - World https://ift.tt/97RIW2O

Nifty 172 points away from peak. 5 factors for stock market investors to track this week

"In the broad market, mid- and small-cap stocks attracted strong buying interest last week , even though their valuations were relatively high. Moreover, heightened order inflows made sectors like infrastructure and real estate particularly attractive to investors during the week," said Vinod Nair, Head of Research at Geojit Financial services. from Stocks-Markets-Economic Times https://ift.tt/tbOP0zr

World of Photos - September 11, 2023

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/J1rS2z9

No hope China will rejoin the world, top Beijing-based businessman says

Joerg Wuttke has been one of Europe’s top businessmen in Beijing for more than two decades. He says China’s economic heyday is over. from Sydney Morning Herald - World https://ift.tt/h5fLO7K

Political football: Trump leading polls ahead of key nomination vote

Trump, despite rarely visiting Iowa and ongoing legal problems, is leading the polls for the first major vote of the presidential nomination race. from Sydney Morning Herald - World https://ift.tt/ZkqE5YK

How police caught terror suspect who escaped from London prison

A 75-hour manhunt for a terror suspect accused of spying for Iran came to a dramatic end beneath a graffiti-strewn bridge along a west London canal. from Sydney Morning Herald - World https://ift.tt/RspF5EY

Ashton Kutcher, Mila Kunis apologise for letters backing That ’70s Show rapist

The celebrity couple apologised for letters they wrote to a judge on behalf of fellow That ’70s Show actor Danny Masterson before he was sentenced for rape. from Sydney Morning Herald - World https://ift.tt/RC6o5Pi

Apple loses about USD 200 billion in market capitalisation on reports of iPhone restrictions in China

Apple shares fell 3 per cent Thursday and are down more than 5 per cent for the week on reports of an iPhone ban for Chinese state employees that is being dictated by Beijing. The ban was first reported by the Wall Street Journal, which cited unnamed sources saying China is ordering officials at central government agencies not to use iPhones or other foreign branded phones. from Stocks-Markets-Economic Times https://ift.tt/z30CPmR

Wealthy British families pledge to make slavery reparations

These heirs of powerful families will soon convene to establish how they can practically atone for the actions of their slave-owning ancestors. from Sydney Morning Herald - World https://ift.tt/X4aCBgj

‘We all miss you’: Royals pay tribute to Queen Elizabeth on anniversary of her death

King Charles has thanked the public for their love and support on the first anniversary of the death of his mother, while the Prince and Princess of Wales visited a cathedral on the Welsh coast and paid tribute to the late monarch on social media. from Sydney Morning Herald - World https://ift.tt/xG3c8fX

Powerful earthquake strikes Morocco, sending people into the streets

Deaths have been reported in Morocco’s strongest quake since 1960, when a magnitude 5.8 earthquake struck near Agadir. from Sydney Morning Herald - World https://ift.tt/zqYWd9u

Georgia jury sought charges against Republican senator in Trump election case

“This is troubling for the country. We can’t criminalise senators for doing their job,” the Republican Senator Lindsey Graham told reporters today. from Sydney Morning Herald - World https://ift.tt/yZpVFQI

Prime Minister touches down in India

Prime Minister Anthony Albanese has arrived in India for a summit of the world's most powerful nations from Sydney Morning Herald - World https://ift.tt/ibqs28N

Distrust and danger: The view of the India-China rivalry from the highest road in the world

High in the Himalayas, a barrier of breathtaking mountains has not stopped the two giants of Asia from sliding into nationalism, economic rivalry and militarisation. from Sydney Morning Herald - World https://ift.tt/v20O67z

King Charles pays tribute to his late mother

King Charles has paid tribute to his late mother on the one year anniversary of her death. from Sydney Morning Herald - World https://ift.tt/3mxnAY2

‘Time to move on’: Ex-Finnish PM Sanna Marin quits politics, joins Tony Blair’s think tank

Marin, who was 37 years old when she took office in 2019, led Finland’s response to COVID and to Russia’s full-scale invasion of Ukraine. from Sydney Morning Herald - World https://ift.tt/Tf9ayqB

More than 150 rescuers racing to free American man stranded deep inside a cave in Turkey

Trapped American man sends emotional message from 1,000 metres deep inside Turkish cave from Sydney Morning Herald - World https://ift.tt/CuYmK24

'That '70s Show' star Danny Masterson sentenced to 30 years in prison for two rapes

'That '70s Show' star Danny Masterson receives 30-year jail term for two rapes from Sydney Morning Herald - World https://ift.tt/dzAP2EY

‘Close to the edge’: Ailing explorer trapped 1000 metres deep in Turkish cave awaits rescue

Experts said the rescue operation of the American could take days or even weeks depending on conditions. from Sydney Morning Herald - World https://ift.tt/Ap2zW80

American actor Danny Masterson sentenced to 30 years’ life in prison for rapes

His distraught wife Bijou Phillips was in the courtroom as the actor, best known for his role in “That ’70s Show”, was sentenced to a minimum 30 years for raping two women about 20 years ago. from Sydney Morning Herald - World https://ift.tt/mBoAHyK

Narendra Modi’s leadership ambitions have been aided by an unlikely adversary

China’s President Xi Jinping will be absent from this year’s G20 for the first time since 2012 – a win for the leadership of his largest neighbour. from Sydney Morning Herald - World https://ift.tt/lPQHZfA

Ather Energy raises Rs 900 cr from GIC and Hero MotoCorp

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ET had reported on Monday that the Hero MotoCorp board had passed a resolution to invest Rs 550 crore in the firm via Series E2 compulsory convertible preference shares. The Rs 900 crore announced on Wednesday is inclusive of the amount announced on Monday. from Stocks-Markets-Economic Times https://ift.tt/MUO816y

‘You are not welcome’: Airbnb crackdown causes trouble for travellers to New York

Officials and housing advocates who had pushed for the restrictions said they were necessary to stop apartments from becoming de facto hotels. from Sydney Morning Herald - World https://ift.tt/M2W1bye

US prosecutor pushes to charge Hunter Biden by end of the month

The move will catapult the case back into the public spotlight as the president ramps up his re-election bid. from Sydney Morning Herald - World https://ift.tt/gsAim8Z

Terror suspect on the run after escaping London prison

The 21-year-old former solider reportedly escaped the prison by strapping himself to the bottom of a food delivery van. from Sydney Morning Herald - World https://ift.tt/DgVJiIH

Australian man accused of killing two people during head-on crash in California

Australian man held in US jail after being accused of killing two motorists in a head- on crash. from Sydney Morning Herald - World https://ift.tt/0JOWz7w

‘Heinous and barbaric’: Seventeen dead as Russian rocket hits marketplace

The attack came as US Secretary of State Antony Blinken visited Ukraine where he announced another $1 billion worth of wartime assistance. from Sydney Morning Herald - World https://ift.tt/zblpwon

More claims over how Sara Sharif died

Sara Sharif's grandfather said his son told him that 10-year-old girl died in 'accident' from Sydney Morning Herald - World https://ift.tt/a9iWR8A

Third excavation in search of Tulsa Race Massacre victims

Archeologists are working on a third excavation in the search for mass graves associated with the 1921 Tulsa Race Massacre. from Sydney Morning Herald - World https://ift.tt/QxsKUm5

Tourist accused of damaging 16th-century statue

A 22-year-old German man has been detained in Florence after allegedly damaging a statue in the 16th-century Fountain of Neptune in the Piazza della Signoria as he tried to take a selfie. from Sydney Morning Herald - World https://ift.tt/8YlFAWM

‘Act of terrorism’: Proud Boys’ Enrique Tarrio gets record 22 years for Capitol riot role

Prosecutors say the 39-year-old organised and led the Proud Boys’ assault from afar, inspiring followers with his charisma and penchant for propaganda. from Sydney Morning Herald - World https://ift.tt/cylRe8D

He couldn’t even swear properly: Biden-Obama tensions laid bare in new book

Joe Biden reportedly said Barack Obama was unable to deliver a “f—- y--” with “the right elongation of vowels and the necessary hardness of consonants; it was how they must curse in the ivory tower”. from Sydney Morning Herald - World https://ift.tt/RUCvLKN

Inside the ambitious mercenary outfit emerging as a successor to Prigozhin’s Wagner group

Redoubt is a military intelligence-controlled group that started life as a cosy arrangement between Kremlin-linked oligarchs and senior army officers. from Sydney Morning Herald - World https://ift.tt/8JKfGpT

World’s low-income superpower embraces its global moment

India’s distinct geopolitical perspective will be on display at this week’s G20 leaders summit and, like a Bollywood star, Prime Minister Modi is ready for his close up. from Sydney Morning Herald - World https://ift.tt/834H1VK

Greece's most renowned landmark limits daily visitors

Greece's Athens Acropolis has been limited to 20 thousand visitors per day to tackle overcrowding and ensure the long-term preservation of the monument from Sydney Morning Herald - World https://ift.tt/ReH0nLX

‘Am excited to see the memes’: Olaf Scholz tweets picture of himself with eye patch

The German Chancellor fell while jogging and sustained bruises to his face, prompting him to cancel some appointments. from Sydney Morning Herald - World https://ift.tt/RHhda6U

The ‘man-child of Asia’ is wiping diplomacy off the map

When China’s neighbours didn’t embrace its notorious “made-in-China map”, Xi Jinping cancelled several upcoming summit appearances. from Sydney Morning Herald - World https://ift.tt/Wru8OwA

Sumeet Industries' lenders ask initial bidder to raise offer

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Sumeet has been classified as a non-performing account (NPA) with banks for more than three years. It owes lenders led by the Bank of Baroda (BoB) more than ₹900 crore including about ₹530 crore in principal. Lenders expect to recover at least 47% of their principal dues by asking Gajera to better its offer. from Stocks-Markets-Economic Times https://ift.tt/hr7Ixws

NSW couple's emotional journey to the Cook Islands

A NSW Central Coast couple has delivered more than 1000 of football gear to sports teams and schools to the Cook Islands. from Sydney Morning Herald - World https://ift.tt/0isOB9y

Should women have to shower with men to go to the pool? In Paris, that’s the price of admission

Swimming in Paris is a full-on cultural experience. Many public pools don’t just feel like historical monuments, they are historical monuments. from Sydney Morning Herald - World https://ift.tt/8w9Ab3Q

Missing climber found dead in Montana

Adam Fuselier went missing in Glacier National Park in northwestern Montana. from Sydney Morning Herald - World https://ift.tt/FeGS3bj

Up to 2000 North Koreans could be tortured after repatriation from China

Cameras with facial recognition technology has made freedom even more difficult for North Koreans who have managed to cross the border into China. from Sydney Morning Herald - World https://ift.tt/cjs6IKA

Tensions build over little known islands Russia seized off Japan’s coast

The dispute over the area, which the Soviet Union seized late in World War Two, has prevented Tokyo and Moscow from reaching a peace treaty formally ending hostilities. from Sydney Morning Herald - World https://ift.tt/IqE6x9B

M-cap of seven of top 10 firms declines Rs 62,279 crore; Reliance biggest laggard

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The market capitalisation (mcap) of ITC went lower by Rs 3,037.83 crore to Rs 5,50,214.07 crore and that of ICICI Bank dipped Rs 898.8 crore to Rs 6,78,368.37 crore from Stocks-Markets-Economic Times https://ift.tt/uW8LOyr

Ukrainian accused of taking draft-dodger bribes to buy luxury villa, cars

A former Ukrainian military official bought himself a $6.6 million Spanish villa after taking bribes from men attempting to avoid fighting Russia, an investigation has claimed. from Sydney Morning Herald - World https://ift.tt/o3JSuxy

Democracy on trial: millions taken to court to keep opposition busy

With an election on the way, thousands of political leaders, members and supporters of opposition parties stand before a judge nearly every day in Bangladesh. from Sydney Morning Herald - World https://ift.tt/W8i609L

Burning Man revellers told to conserve food, water as storm traps 70,000 in desert

Tens of thousands of people are effectively trapped and can’t leave the event after a rainstorm pummelled the desert playground and turned it into a swampy mud pit. from Sydney Morning Herald - World https://ift.tt/dn6WOgh

Why King Charles’ first-year report card is only 8/10

As we approach the one-year anniversary of King Charles ascending to the throne, I asked Britain’s top royal reporter how he has done. from Sydney Morning Herald - World https://ift.tt/2un3Jv6

World of Photos - September 3rd, 2023

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/DBi3smz

China’s new map release infuriates Taiwan, India and maritime neighbours

‘Taiwan is absolutely not part of the People’s Republic of China,’ Foreign Ministry Spokesman Jeff Liu said at a briefing on Thursday. from Sydney Morning Herald - World https://ift.tt/c9mZT8z

‘Crime of nature’: Slaying of endangered Italian bear leaves cubs motherless

The Marsican brown bear, nicknamed for her favourite food and known for strolling through towns, was shot by a man in central Italy. The slaying has sparked outrage among the country’s environment minister and animal rights groups. from Sydney Morning Herald - World https://ift.tt/MSXpW4a

Egyptian billionaire whose son dated Princess Diana dead at 94

Mohamed al-Fayed promoted the discredited conspiracy theory that the British royal family was behind the death of his son and Princess Diana. from Sydney Morning Herald - World https://ift.tt/kRJCqbQ

Mohamed Al Fayed dies aged 94

The Egyptian-born Harrods and Fulham Football Club owner Mohamed Al Fayed has died at the age of 94. from Sydney Morning Herald - World https://ift.tt/xHFSL76