Finance
Georgia Tech, Duke collide with unblemished ACC records

Duke has made a nice rise across the first five weeks of the season. Georgia Tech’s stock has taken a sudden climb. The teams picked to comprise the bottom of the Atlantic Coast Conference’s Coastal Division have a chance to make another early statement when they meet Saturday in Atlanta. “With these wins come more […]

Updated: Oct 4, 2022
Why UK final-salary pensions may now be unpayable without state support

When long-dated UK government bonds fell sharply following the consistent criticism of the new economic measures laid out by the UK government, it forced the Bank of England to intervene to prevent an “unwarranted tightening of financing conditions and a reduction of the flow of credit to the real economy”. On September 28, the bank […]

Updated: Oct 3, 2022
Jets Right Tackle Great Marvin Powell Dies at 67

Fourth Pick of ’77 Draft, He Was Named to 5 Straight Pro Bowls and Was Voted Team MVP for ’79 SeasonRandy Lange Marvin Powell, the outstanding Jets right tackle in the last Seventies through the mid-Eighties and one of the most decorated offensive linemen in franchise history, died Friday at the age of 67. Powell […]

Updated: Oct 2, 2022
Court takes cognizance of ED chargesheet

New Delhi [India], October 1 (ANI): A Special Court on Saturday took cognizance of a prosecution complaint (Chargesheet) filed by the Enforcement Directorate in a case related to National Stock Exchange (NSE) money laundering involving two former CEOs of NSE. Special Judge Sunena Sharma on Saturday while taking cognizance said, “Ifind the material sufficient to […]

Updated: Oct 1, 2022
Asian stock markets skid lower, Nikkei 225 drops 485 points

SYDNEY, NSW, Australia – Asian stocks closed out the month and the quarter on a dismal note Friday. “The ‘troubling triad’ of rising rates, slowing growth, and strong dollar have all intensified,” Timothy Moe, chief Asia-Pacific equity strategist at Goldman Sachs told Reuters news agency Friday. “We reduce our forecasts further and expect largely flat […]

Updated: Sep 30, 2022
World Bank slashes economic outlook for China to 2.8 pc

Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China’s 2022 economic growth projection to 2.8 per cent, pointing to Beijing’s “zero-COVID” policy and real estate crisis. Notably, the World Bank forecasted 5 per cent economic growth in April, The Strait Times reported. In the October update of its report on the economic […]

Updated: Sep 29, 2022
Rupee plunges to a new all-time low of 81.90 against US Dollar

Mumbai (Maharashtra) [India], September 28 (ANI): The Indian rupee weakened by 37 paise to hit a new all-time closing low of 81.90 against the US dollar on Wednesday as the greenback strengthened against major global currencies. At the interbank foreign exchange market, the Indian rupee slipped below the 82-level for the first time against the […]

Updated: Sep 28, 2022
Sensex extends losses to 5th day, closes 38 points lower

Mumbai (Maharashtra) [India], September 27 (ANI): Extending the losses to the fifth consecutive session, the Indian stock market’s benchmark Sensex closed 38 points down in a volatile session on Tuesday. The 30 stock SP BSE Sensex closed 37.70 points or 0.07 per cent down at 57,107.52 points against its previous day’s close at 57,145.22 points. […]

Updated: Sep 27, 2022
5 steps you can take to manage a hike in interest rates

The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate (the rate at which the central bank lends money to commercial banks) will increase from 5.5% to 6.25% and the prime rate (the rate commercial banks charge their clients when […]

Updated: Sep 26, 2022
Security forces foil infiltration bid, kill two terrorists

Srinagar (Jammu and Kashmir) [India], September 25 (ANI): The security forces foiled an infiltration attempt on the Line of Control (LoC) and neutralised two terrorists in the Kupwara district on Sunday morning. According to the Ministry of Defence, the security forces had intelligence input of infiltration attempts by terrorists in Macchal Sector in Kupwara district. […]

Updated: Sep 25, 2022