NEW DELHI: Two days after India’s capital stopped fuel sales to ageing vehicles to tackle the sprawling megacity’s hazardous air pollution, authorities on Thursday said the ban was not practical. New Delhi is regularly ranked as one of the most polluted capitals globally with vehicular emissions being one of the worst offenders, according to several…
UK financial markets rebounded sharply today after Prime Minister Keir Starmer publicly backed Chancellor Rachel Reeves and reaffirmed commitment to fiscal rules. The announcement reversed mid-week losses triggered by investor anxieties over Reeves’ future, boosting gilt prices, stabilising the pound, and lifting equities. 📊 Market Moves 🔍 The Trigger 💼 Expert Insight 🔮 What’s Next
The Abu Dhabi Securities Exchange (ADX) has taken a major leap in financial innovation by initiating the listing and pricing of the Middle East and North Africa’s first distributed ledger technology (DLT)-based bond. Issued by First Abu Dhabi Bank (FAB) and executed on HSBC’s Orion platform, this groundbreaking move marks a strategic shift towards tokenized…
Lead ParagraphThe Children’s Investment Fund (TCI), led by Sir Chris Hohn, has delivered a remarkable 21% return so far in 2025—trouncing the S&P 500 benchmark and reaffirming its position as a top-tier hedge fund. 🔢 Performance Highlights 🚀 Stock Picks Fueling Gains ⚖️ Contrasting Underperformers 📣 Activist Edge 📌 Context & Comparisons 🔮 Outlook &…
There is a new member of the 3,000-strikeout club. On Wednesday night, Los Angeles Dodgers icon Clayton Kershaw became the 20th pitcher in baseball history to record 3,000 career strikeouts, and only the fourth left-hander. He fanned Vinny Capra of the Chicago White Sox for the milestone strikeout in the top of the sixth. Here is…
AARHUS: The EU is “ready for a deal” with the United States, European Commission president Ursula von der Leyen said Thursday before negotiators meet in Washington before a July 9 deadline. EU trade chief Maros Sefcovic is in Washington and due to meet his US counterparts later Thursday. The commission, leading trade policy for the…
US economy delivers stronger‑than‑expected June jobs growth, adding 147,000 positions, prompting markets to dial back rate‑cut expectations Lead ParagraphIn June 2025, the U.S. economy exceeded forecasts by creating 147,000 non‑farm payrolls—far above the expected 110,000—while the unemployment rate eased from 4.2 % to 4.1 %. The resilient labor market has triggered a reassessment among investors, pushing the…
The 2025 Wimbledon men’s draw features 16 matches on Thursday, with World No. 1 Jannik Sinner in action against unseeded Aleksandar Vukic on Centre Court. Sinner is a -10000 favorite in the 2025 Wimbledon odds, as he tries to avoid becoming the latest Wimbledon upset. Novak Djokovic has reached the final in six straight editions…
BERLIN: The new German government faced its first major roadblock on Thursday after its constituent parties failed to defuse an internal row over whether to reduce electricity prices for individual consumers. Despite holding a meeting for more than five hours late into Wednesday evening, the conservative CDU/CSU alliance and the centre-left Social Democrats (SPD) failed…
Diddy denied bail after being cleared of most serious charges A judge has denied bail to Sean “Diddy” Combs after a jury convicted the hip-hop mogul of transportation to engage in prostitution, but acquitted him of the most serious charges: racketeering and sex-trafficking. Lawyers for the recording artist had argued he posed no flight risk,…
