Extending a recent downward trend, European stocks moved mostly lower on Tuesday amid ongoing concerns about persistently high interest rates and a weakening Chinese economy. The recent surge in oil prices and worries around a possible U.S. government shutdown also weighed on the markets. The pan European STOXX 600 Index […]

World War II undeniably marked the rise of American fleet carriers, underscoring their indispensable role in the conflict. Between 1941 and 1945, the United States Navy commissioned several classes of aircraft carriers, namely the Lexington, Ranger, Wasp, Yorktown, and Essex classes, which became instrumental in establishing air and naval superiority.  […]

Paramount+ has set a UK boss for the first time. Chief Marketing Officer Anna Priest has been appointed Senior Vice President and Head of Paramount+ for the UK market, and she will oversee the streamer’s “strategic vision” in the nation and identify growth opportunities. Priest will report into Marco Nobili, […]

India’s pharmaceutical exports to Iran have been hit owing to depleting rupee reserves in the West Asian country because of India stopping the import of crude oil from it in 2019 following US sanctions. Pharmaceutical exports dropped 71.25 per cent in April-August this year over the same period last year. […]

The federal minimum wage has been $7.25 since 2009. Some states have a rate well over $14 an hour, but others use the federal figure as their number. California has just passed a law raising that to $20 for fast-food workers. It will start in April of next year. (These […]

Oil price surge, fears of a U.S. govt shutdown, rising bond yields and China’s property sector woes reverberated in world markets at the onset of the new week. Wall Street Futures portend minor losses on reopen. Most European benchmarks are trading in the red zone. Asian stocks finished mixed amidst […]

Asian stocks ended mixed on Monday as concerns about China’s property market returned to the fore and investors awaited inflation data from across the region for directional cues. Inflation data from Singapore, Australia and Japan’s Tokyo region are due later this week. The dollar hovered around six-month highs in Asian […]

There are confusing reports and advisories about the cement sector. While the space has seen speculative support on the basis of the Budget’s infrastructure thrust, there are several negative factors surfacing as well. The sector may be overcrowded with a fair number of large players and the entry of the […]

‘The assessment of most people is that there is a stable economic and political environment in India and that is attractive to investors.’ Nick Allan, CEO of the London-headquartered global risk consultancy firm Control Risks, says there has been a real shift in the past 18-24 months in terms of […]

So far in its war in Ukraine, Russia has employed helicopters, fighter jets, rockets, and bombs among other arms and weapons. (As of early August, here are the latest Russian and Ukrainian weapon and vehicle losses.) Russia has a wide array of bombs that are used for a variety of […]