US Imposes Sanctions On Russian Military-Industrial Targets

The United States has imposed expanded sanctions on more than 200 individuals and entities that are instrumental in Russia’s war against Ukraine. The Department of State said it is imposing sanctions on more than 90 entities and individuals engaged in sanctions evasion and those complicit in furthering Russia’s ability to wage the war. The State Department’s sanctions target Russia’s future […]

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New US Military Package To Strengthen Ukraine's Air Defense Against Russia

The United States has announced an additional security assistance package worth $150 million to help Ukraine counter Russia’s ongoing attacks. This is the first tranche of U.S. military aid for Ukraine since President Joe Biden requested Congress to approve a supplemental funding to ensure Washington’s continued support to its allies, mainly Israel and Ukraine. The latest U.S. military aid, announced […]

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IT, consulting firms lead NPS adoption in private space: PFRDA data

Information technology (IT) and IT-enabled consulting firms lead the adoption of the National Pension System (NPS) in the private sector under the corporate model of the scheme, according to the latest data available until September 2023 from the Pension Fund Regulatory and Development Authority (PFRDA), as accessed by Business Standard. Data pertaining to the top 50 companies, which represents more […]

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Asian Shares Rebound As Middle East Concerns Ease

Asian stocks rebounded on Friday following a recent string of losses on Middle East worries and uncertainty over the Federal Reserve’s interest rate path. Tech stocks led regional gains on the back of robust U.S. economic data released overnight and reports of a delay in the Israeli ground invasion of Gaza. The dollar steadied and gold ticked higher ahead of […]

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Billions wiped from Atlassian duo’s fortunes

Save articles for later Add articles to your saved list and come back to them any time. Australian tech billionaires Mike Cannon-Brookes and Scott Farquhar have had about a billion dollars wiped from each of their fortunes in a matter of hours, after shares in their enterprise software firm Atlassian sank by more than 10 per cent in after-hours trading. […]

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Pensioners to ‘benefit’ from interest rate rise pause

Pensioners are likely “benefiting” from the Bank of England’s decision to pause its wave of interest rate increases. Earlier today, the central bank confirmed the UK’s base rate would remain at 5.25 for the second month in a row. Over the past year, the Bank of England has raised interest rates to mitigate the impact of inflation on the economy. […]

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