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Financial risks in key areas are being resolved, says PBOC's chief

Chinese policymakers have long relied on guidance to financial institutions to accelerate or scale back lending as a way to influence the economy

Sicily yacht sinking: Victims likely asleep as it sank, say officials

Authorities in Sicily have opened a manslaughter and negligent shipwreck probe into the Aug. 19 sinking of British tech tycoon Lynch's yacht

Hamas sending delegation to Cairo for update on ceasefire negotiations

In a statement, Hamas spokesman Izzat Al-Rishq said the team, led by senior official Khalil Al-Hayya, is traveling "at the invitation of the mediators in Egypt and Qatar."

Abrupt CEO change prompted by growth concerns, says Nestle Chairman

Bulcke didn't address the firm's guidance, currently set at an underlying operating margin of at least 17.5 per cent for 2025

Bangladesh's worst floods in decades leave 5 mn stranded in low-lying areas

"People had no time to save anything," Ali said. "Entire villages, all of the families who lived in them, and everything they owned - homes, livestock, farmlands, fisheries - have been washed away."

US still hunts attackers who killed Americans during Afghanistan exit

President Joe Biden promised the day of the attack outside Hamid Karzai International Airport that we will not forgive, we will not forget, we will hunt you down and make you pay.

Growth will pay for tax cuts said to cost trillions, says Donald Trump

The former president has said he will renew tax cuts from his 2017 tax law that are set to expire next year - a centerpiece of his economic agenda which has won him support

US elections: Trump looks to crash Harris' party and take back spotlight

The frantically arranged week belies Trump's concerns that he's lost the ability to drive the news cycle as he did when President Joe Biden, 81, was still running for reelection

Apple likely to set Sept 10 for new iPhones, AirPods, and watches debut

A bigger chunk of sales will come the following quarter, which coincides with the holiday season. Analysts have predicted that revenue will climb 7 per centto $128.4 billion in that period

Robert F Kennedy Jr backs Trump, suspends outsider presidential campaign

By dropping out and backing Trump over Harris, Kennedy is hoping to retain a foothold for his agenda - which includes vaccine skepticism, an isolationist foreign policy, and a focus on health

Goldman Sachs Group cuts India's 2024 and 2025 GDP growth forecasts

The bank now expects the nation's economy to expand at 6.7% in calendar 2024, and 6.4% in 2025.

Jerome Powell says 'time has come' for US Fed to cut interest rates

Swaps traders held roughly steady in their pricing, with the total rate cuts they foresee through the end of 2024 at about 102 basis points

Nestle to focus on food sales again after CEO's experimental bets

Companies like Nestle are grappling with sluggish demand, as inflation-squeezed shoppers tighten their belts

Biden adviser Jake Sullivan heads to China for talks before election

The trip will be Sullivan's first to China as President Joe Biden's top national security aide, and will feature meetings with Foreign Minister Wang Yi

Tesla's steep price reductions are fueling used eletric vehicle sales

CarMax Inc.'s superstore in Fremont, California, has seen a stream of shoppers more willing than ever to kick the tires on an electric vehicle

Govt to appoint new external members to MPC ahead of crucial rate meeting

The selection panel, comprising the governor of the Reserve Bank of India and government officials, will recommend probable candidates in the next two weeks

Kamala Harris accepts historic nomination to start election sprint

Her challenge now is to harness the energy and excitement of a party reinvigorated by her rapid ascent.

Here's why Hindenburg 2.0 requires a different response from India

Supreme Court in New Delhi should consider bringing back the committee it had set up last year after the New York-based short seller's original report

Bain Capital-backed 360 One raises $500 million for secondary fund

Nearly 90 per cent of the capital raised for the new fund was from local family offices and high net worth individuals

US envoy warns of drug cartel risks to Mexican judiciary from AMLO Bill

Lopez Obrador, known as AMLO, has said the election of judges by popular vote would cut corruption in the judiciary, and prevent it from prioritizing business interests over the public good