Wall Street faces earnings and Fed tests after turbulent technology-led week
S&P 500, Nasdaq, Dow Jones will look to rebound on Monday as US stock market investors face a pivotal week, with corporate earnings reports led by major AI players and a Federal Reserve meeting posing critical tests for a suddenly shaky market rally. Wall Street's main indexes closed lower on Friday even as technology shares steadied somewhat to end a turbulent week for the market-driving AI trade, and investors look
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China brands drop Mbappe for 'offending national sentiments'
Kylian Mbappe was dropped on Tuesday by major Chinese brands after a video circulated of the Real Madrid and France superstar apparently joking about Mao Zedong.
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India orders evacuations as Cyclone Arnab looms
Indian authorities ordered nearly 100,000 people to evacuate homes in Andhra Pradesh and Odisha, ahead of a severe cyclone the national weather office expects to make landfall by Wednesday.
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Dutch broadcaster pulls out of Eurovision over Israel 'sensitivities'
The Netherlands will not participate in next year's Eurovision Song Contest, its broadcaster NPO said Tuesday, citing "sensitivities" over Israel's participation.
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Delhi grants minimum monthly pay and DA to about 4,000 MCD health workers
In a Diwali bonanza, the Delhi government said around 4,000 public health workers employed by the Municipal Corporation of Delhi (MCD) will receive a minimum monthly salary of ₹18,000, along with dearness allowance (DA), under the principle of equal pay for equal work.
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Critical coal inventories affect nearly half of India’s domestic power plants
Nearly half of domestic coal-based (DCB) power plants have critically low coal stocks, highlighting supply-side pressures against a backdrop of sustained electricity demand.
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Ather Energy shares climb 14% after quarterly profit and expansion plan
Shares of Ather Energy climbed nearly 14% to ₹1,575 apiece on Monday after the electric two-wheeler maker recorded a consolidated net profit for the September quarter, against a loss a year earlier, and announced plans to expand annual production capacity by 2. 25 lakh units to meet rising demand.
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FCNR(B) deposit drive puts sharper margin pressure on private banks
The aggressive mobilisation of Foreign Currency Non-Resident Bank [FCNR(B)] deposits increasingly weighed on bank margins during the September quarter, with private lenders bearing a disproportionate impact owing to their larger participation in the RBI’s FCNR(B) drive.
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Gold ETF flows turn negative after 13 weeks as bullion loses 4%
Investments in physically backed gold exchange-traded funds (ETFs) turned net negative after 13 weeks last week, with the yellow metal losing nearly four%, data from the World Gold Council (WGC) showed.
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Noel Tata requests records of September 17 Tata Sons board meeting
Tata Trusts Chairman Noel Tata requested the record of the Tata Sons board meeting on September 17, which approved N Chandrasekaran as Chairman for a third term, and has also questioned his family’s business relations with the TVS Group, headed by fellow board member Venu Srinivasan.
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