European stocks may open mostly lower on Thursday, though U.K. markets may rise at open after ending slightly lower in the previous session. Trading volumes may remain subdued somewhat due to the Thanksgiving Day holiday in the U.S. There will be a shortened session on Wall Street Friday. Asian stocks traded mixed in range-bound trade, with Japanese markets closed on […]

Following the pullback seen during the previous session, stocks moved back to the upside during trading on Wednesday. The major averages gave back ground after an early surge but managed to remain in positive territory. The Dow advanced 184.74 points or 0.5 percent to35,273.03 and the S&P 500 climbed 18.43 points or 0.4 percent to 4,556.62, reaching their best closing […]

Stocks moved to the upside early in the session on Wednesday and remain mostly positive in afternoon trading. With the upward move on the day, the major averages have more than offset the pullback seen in the previous session. The major averages have moved roughly sideways in recent trading, hovering in positive territory. The Dow is up 183.09 points or […]

Virgin Atlantic on Tuesday made a historic flight across the Atlantic marking the world’s first flight on the route by a commercial airline using 100 percent green fuels. The New York JFK-bound Boeing 787, powered by Rolls-Royce Trent 1000 engines, took off from London’s Heathrow airport Tuesday morning. Shai Weiss, Chief Executive Officer of the British airline, said this pioneer […]

The United States has announced its latest military assistance package to help Ukraine meet its immediate battlefield needs against Russia. The new security assistance package, worth $100 million of arms and equipment, was announced by Secretary of Defense Lloyd J. Austin using previously authorized presidential draw down authorities. Austin met with Ukrainian President Volodymyr Zelenskyy and Defense Minister Rustem Umerov […]

President Joe Biden called former First Lady Rosalynn Carter a champion for women’s rights. “Throughout her incredible life as First Lady of Georgia and the First Lady of the United States, Rosalynn did so much to address many of society’s greatest needs. She was a champion for equal rights and opportunities for women and girls; an advocate for mental health […]

The Lords Economic Affairs Committee also said a “democratic deficit” had opened up as the Bank had not been adequately scrutinised. But its report concluded that the Bank’s independence from the Government, which was put in place a quarter of a century ago, has worked well and strengthened economic confidence in the UK. The wide-ranging report instead recommended smaller changes […]

This is despite the fact that total FDI into India has fallen by 22 per cent from $58 billion in FY22 to $46 billion in FY23. India’s share gain of foreign direct investment (FDI) has been larger compared to competing countries in the region over the years, even though it has seen a fall in overall FDI in the financial […]

European stocks advanced on Friday amid expectations that the Federal Reserve may announce two rate cuts next year to support growth. Investors shrugged official data showing that U.K. retail sales declined unexpectedly in October as a result of rising interest rates. Retail sales logged a 0.3 percent monthly drop but slower than the September’s revised 1.1 percent decrease. However, the […]

The Reserve Bank of India’s latest order prohibiting Bajaj Finance from sanctioning and disbursing loans under its ‘eCOM’ and ‘Insta EMI Card’ products may not have serious implications on the non-banking finance company’s profitability, provided the ban is lifted within six to eight weeks, analysts said. “In a surprise move, the RBI has asked Bajaj Finance to stop sanction and […]