The European Union on Wednesday rolled out a multi-billion-euro strategy to reduce its dependence on China for rare earths, unveiling measures to boost domestic mining, refining and recycling capacity amid rising geopolitical pressure on critical supply chains.The plan comes after months of turbulence triggered by Beijing’s export controls, according to AFP, which have disrupted manufacturers…
Check out the companies making headlines in after-hours trading. Salesforce — Shares of the software company rose more than 5% in extended trading after Salesforce posted mixed third-quarter results , but guided its fourth-quarter revenue higher. Salesforce earned $3.25 per share, excluding items, in the latest quarter, topping the LSEG estimate of $2.86 per share. Revenue…
Finance Minister Nirmala Sitharaman (File photo) Finance Minister Nirmala Sitharaman on Wednesday clarified that the International Monetary Fund (IMF) did not question India’s growth figures, and said the Fund’s ‘C’ grade on national accounts stems solely from the use of an outdated base year. She said the IMF, in fact, acknowledged India’s healthy economic performance…
The state of Connecticut fired a legal volley against sports events contracts with a trio of cease-and-desist orders sent on Wednesday to major prediction-market operations — Robinhood, Kalshi and Crypto.com. The state’s Department of Consumer Protection accused the companies of “conducting unlicensed online gambling, more specifically sports wagering.”Each of the companies are “hereby ordered to…
RAIPUR: A daylong gunfight on the Dantewada-Bijapur border in Chhattisgarh’s Bastar region left at least 12 Maoists and three District Reserve Guard (DRG) personnel dead Wednesday, marking one of the year’s heaviest losses for the outlawed group as security forces pressed deeper into the insurgency’s crumbling stronghold,Another DRG constable was wounded but was said to…
Markets regulator Sebi has introduced a single-window access framework for low-risk foreign investors, aiming to simplify regulatory processes and make India a more attractive investment destination, according to PTI. The new system is designed to streamline compliance, ease multiple registrations and reduce repetitive documentation across investment routes.Called the Single Window Automatic & Generalised Access for…
Fanatics is expanding beyond jerseys and collectibles into the world of real-money prediction markets. The sports merchandiser said Tuesday it will launch its new platform, Fanatics Markets, across 24 U.S. states in phases over the coming days. The app, now live in 10 states and coming soon to major markets like California, Texas, Florida and…
Rajya Sabha LoP Mallikarjun Kharge (PTI photo) NEW DELHI: The joint opposition Wednesday protested at the Parliament entrance against new labour codes and demanded their scrapping, with Congress president and leader of opposition in Rajya Sabha Mallikarjun Kharge targeting the Modi govt as “anti-labour, anti-worker, pro-cronies”.Kharge said the codes pose a “threat to job security”…
India and the European Union will hold detailed discussions this week on boosting the security and resilience of undersea cables in the Indian Ocean, weeks before the annual India-EU summit scheduled for January 27 in New Delhi. Cooperation on protecting critical submarine infrastructure is likely to feature prominently at the summit, PTI reported.According to the…
Polymarket has launched a mobile app in the U.S., offering users a new way to bet on sports events using real money under federal oversight, the company announced on X on Wednesday. The app, currently available for iOS, opens access to users on a rolling basis through a waitlist system. Android support is expected soon,…
