Indian shares hit a record high on Wednesday as investors remained upbeat in the middle of corporate earnings season and ahead of the central bank’s policy meeting. The Nifty 50 index rose 0.79% to 16,258.05, led by gains in financial services index which was up 2.44%. Earlier the benchmark reached a session high of 16,290.20.… Continue reading Indian shares hit record highs as investors focus on earnings and interest rate decision
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Global and National News
From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise
China is facing pockets of resurgence in major cities from Beijing to Wuhan, and authorities have imposed mass testing and widespread travel restrictions in some areas. Daily Covid-19 cases are rising again as the delta variant spreads across the country. China’s National Health Commission said it confirmed 96 Covid cases on Wednesday — the third… Continue reading From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise
Made in China’ products are running into new logistics problems
shipping problems. Access to cheap manufacturing at home gave Chinese businesses an advantage overseas. But it’s turning into a disadvantage now, as the pandemic and trade tensions disrupt international supply channels. Many goods can’t be shipped out, said Fang Xueyu, vice president of international marketing and general manager for Asia-Pacific at Chinese home appliance company… Continue reading Made in China’ products are running into new logistics problems
Calls mount for Cuomo to resign after ‘damning’ sexual harassment report
Calls mounted for New York Gov. Andrew Cuomo to resign on Tuesday, following the release of a bombshell report alleging that the governor sexually harassed 11 women. U.S. Senate Majority Leader Chuck Schumer and Sen. Kristen Gillibrand, both Democrats from New York, issued a joint statement calling the allegations against Cuomo “profoundly disturbing” and demanding… Continue reading Calls mount for Cuomo to resign after ‘damning’ sexual harassment report
FTC struggles to keep up with merger filings, tells some businesses to merge at own risk
According to preliminary merger filing numbers reported by the FTC, regulators received more than 1,700 Hart-Scott-Rodino pre-merger notices in the first six months of 2021. HSR filings are required for deals of at least $92 million. For comparison, regulators saw just over 2,000 HSR filings in all of 2020 (though deals noticeably slowed at the… Continue reading FTC struggles to keep up with merger filings, tells some businesses to merge at own risk
Albany DA criminally investigating Cuomo, will request evidence from AG sexual harassment probe
The district attorney’s office for Albany County, New York, has an ongoing criminal investigation into conduct by Gov. Andrew Cuomo, who has been accused of sexually harassing multiple women, the office said Tuesday. The DA’s office plans to request investigative materials from the state attorney general’s probe of his alleged harassment of 11 women, most… Continue reading Albany DA criminally investigating Cuomo, will request evidence from AG sexual harassment probe
Iran nuclear deal talks are stuck after substantial progress, negotiator says
WASHINGTON – The fragile discussions over the revival of the 2015 Iranian nuclear deal were about two weeks away from reaching a conclusion in June, but several complicated items remain unresolved, according to a senior German government official participating in the talks. Earlier this year, signatories of the Joint Comprehensive Plan of Action, or JCPOA,… Continue reading Iran nuclear deal talks are stuck after substantial progress, negotiator says
Jennifer Aniston Praises ‘Gorgeous’ Jennifer Lopez for This Specific Skill
Jennifer Aniston knows how to rock a red carpet, but even the 52-year-old Morning Show star has another A-lister she looks up to when it comes to the gold standard in posing. “You know who I think masters the red carpet?” she says in her new InStyle cover story. “J.Lo. I want to know what… Continue reading Jennifer Aniston Praises ‘Gorgeous’ Jennifer Lopez for This Specific Skill
How Marrying Into the Royal Family Inspired Sarah Ferguson’s New Romance Novel
Sarah Ferguson wrote a romance novel after living somewhat of a dramatic tale of her own. The mother of Princess Eugenie and Princess Beatrice has penned numerous books over the years, but her new novel, Her Heart for a Compass, is something new — and a long time coming. Fergie tells ET’s Kevin Frazier that… Continue reading How Marrying Into the Royal Family Inspired Sarah Ferguson’s New Romance Novel
Shailene Woodley Talks ‘Massive Insecurity and Self-Doubt’ After Comparing Herself to Her Peers
Shailene Woodley is getting real about her insecurities. In a new interview with The Guardian, the 29-year-old actress shares that while she’s always felt strongly rooted in who she is, in her mid-20s, the pressures of Hollywood began to get to her, causing her to have massive insecurity and self-doubt. “In my mid-20s, I went… Continue reading Shailene Woodley Talks ‘Massive Insecurity and Self-Doubt’ After Comparing Herself to Her Peers