Finance
Altice USA stock sinks after tough third quarter earnings

Igor Golovniov | Lightrocket | Getty Images Altice USA‘s shares dropped more than 20% and trading in the stock was briefly halted Thursday, after the company posted a weak earnings report. The company, which provides broadband, cable-TV, wireless and phone services, saw its shares sink following Wednesday’s earnings report that net income and revenue fell […]

Updated: Nov 3, 2022
Beijing And Moscow’s Changing Faces

Welcome back to the China In Eurasia briefing, an RFE/RL newsletter tracking China’s resurgent influence from Eastern Europe to Central Asia. I’m RFE/RL correspondent Reid Standish and here’s what I’m following right now. Fresh off extending Xi Jinping’s hold on power with a third term, China sent new signals that the Chinese leader could be […]

Updated: Nov 2, 2022
Why inequality is growing in the US and around the world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That might sound surprising, since the most accurate measure of the poverty rate declined during the same time span. But for development experts like me, this apparent contradiction makes perfect sense. That’s […]

Updated: Nov 1, 2022
BJP’s Shahnawaz Hussain slams Congress, AAP’s remarks on Morbi incident, says rubbing salt on Gujarat’s wounds

New Delhi [India], October 31 (ANI): Bharatiya Janata Party (BJP) spokesperson Syed Shahnawaz Hussain on Monday slammed Congress leaders for their remarks on the Morbi incident and said that the grand old party is doing the work of “rubbing salt on the wounds of Gujarat”. While talking to ANI, Hussain said, “The Morbi incident is […]

Updated: Oct 31, 2022
35 die after cable bridge collapses in Gujarat’s Morbi, says state Minister Brijesh Merja

Ahmedabad (Gujarat) [India], October 30 (ANI): As many as 35 people have lost their lives so far after a cable bridge collapsed on the Machchhu river in Gujarat’s Morbi on Sunday, state Minister Brijesh Merja said, who is present at the incident spot. “We are really saddened by the tragedy that happened at Morbi today. […]

Updated: Oct 30, 2022
Kenya shilling plummets to record low amid rise of dollar

NAIROBI, Oct. 29 (Xinhua) — The Kenyan shilling plunged to the lowest level this week as the U.S. dollar continued to strengthen following interest rate hike by the Federal Reserve, the Central Bank said in its weekly update on financial markets released Friday evening. The shilling exchanged at an average of 121.20 against the dollar […]

Updated: Oct 29, 2022
Russian gas supplies to EU almost halved Novatek CEO

Leonid Mikhelson says the upcoming winter will be the easiest for the region, with the worst to come later when gas stocks run dry Russian gas supplies to the EU dropped by almost 50% since May, while exports to Japan and South Korea remained at about the same level as in 2021, the CEO of […]

Updated: Oct 28, 2022
Centre deploys 7-member team in Kerala to investigate Avian Influenza outbreak

New Delhi [India], October 27 (ANI): The Union Ministry of health and family welfare has decided to depute a high-level team to Kerala after the outbreak of Avian Influenza and submit a report after a detailed investigation on the phenomenon. “Union Ministry of Health and Family Welfare has decided to depute a high-level team to […]

Updated: Oct 27, 2022
UAE Financial Markets Association inks partnership with International Capital Market Association

DUBAI, 26th October, 2022 (WAM) — The UAE Financial Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Market Association (ICMA) to boost their cooperation and mutual membership, as well as to exchange expertise and information on regulatory developments and international best practices in the financial markets sector. Under the newly […]

Updated: Oct 26, 2022
Pound strengthens versus dollar on news of Sunak becoming prime minister

London [United Kingdom], October 25 (ANI): The British Pound strengthened against dollar as the currency went up 1.18 per cent to 1.1456 versus the greenback on Tuesday while the pound index surged 0.17 per cent on the back of the news that Rishi Sunak had become the Prime Minister in the UK. Pound Index tracks […]

Updated: Oct 25, 2022