Two people were killed in a missile attack that hit a village in the eastern part of Poland near the border with Ukraine on Tuesday. Polish President Andrzej Duda said it was a “Russian-made missile,” but declined to confirm the source of its origin. NATO and G7 Leaders, who have been attending the G20 Summit in Bali, convened an emergency […]

Amid the speedy transition by automakers to electric vehicles, Ford CEO Jim Farley reportedly warned that EVs’ production will result in significant job losses, but producing more parts in-house will help to mitigate this impact. While talking at an auto conference for the Rainbow Push Coalition in Detroit, Farley said EVs require 40 percent lesser workers than for producing cars […]

Uncertainty around results of the mid-term elections in the U.S, mixed earnings updates from the corporate world and anxiety surrounding the U.S. CPI readings shaped market sentiment on Wednesday. The crypto market cap meanwhile fell below $900 billion amidst the collapse of the FTX token’s prices. Asian stocks finished mostly lower. European benchmarks too traded largely lower. Wall Street futures […]

European stocks may open a tad lower on Wednesday as COVID-19 cases in China continued to surge despite harsh lockdowns and mass testing. Cases hit the highest in more than five months in Beijing, with 78 new infections reported for Wednesday. Traders were also tracking results of the U.S. mid-term elections, with the Democrats and Republicans fighting for control over […]

Public approval of country leaders declines when everyday issues become a disruptive problem for too many households – namely the increasing cost of living due to inflation. (Here is what Thanksgiving dinner will cost this year thanks to inflation.) Rising prices for everything from groceries to gasoline has led to protests across Europe and other parts of the world, signaling […]

Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in second-quarter (Q2) profit year-on-year (YoY) to Rs 5,830 crore and 19 per cent sequentially on rise in interest expenses and uptick in provisions and write-offs. Operating income rose 13.7 per cent YoY to Rs 54,086 crore in Q2 of 2022-23 (FY23). Sequentially, income was up […]

The US has ordered Tata-group owned Air India to pay a whopping $121.5 million as refunds and $1.4 million as penalties for extreme delays in providing refunds to passengers due to the cancellation or change in flights, mostly during the pandemic, officials said. Air India is among the six airlines that have agreed to cough up a total of over […]

Laboratory-grown blood has been transfused into a human being in a world’s first clinical trial. The manufactured blood cells were grown from stem cells from donors. Around 5-10 mls, or about one to two teaspoonfuls of red cells were then transfused into volunteers in the randomized controlled clinical trial. The RESTORE trial is a joint research initiative by NHS Blood […]

Car accident deaths in the U.S. are on the rise. According to the Bureau of Transportation Statistics, there were more than 5.2 million car crashes in the U.S. in 2020, resulting in 38,824 fatalities and more than 2 million injuries.  Updated statistics from the National Highway Traffic Safety Administration estimate that 42,914 people died in car crashes in 2021, a […]