Business News

The government is preparing to introduce major reforms in the insurance sector by allowing 100 percent foreign direct investment (FDI) in insurance companies, according to a report in the Times of India.   These changes are part of the upcoming Insurance Amendment Bill, which will be presented during the winter session of Parliament.   If … Read more

(Bloomberg) — Bitcoin recovered from its biggest two-day retreat since the US election in choppy trading that reflects shifting assessments of the impact of President-elect Donald Trump’s policy agenda. Most Read from Bloomberg The digital asset fell almost 3% over Saturday and Sunday before rising back to $92,000 as of 7:05 a.m. Monday in London. … Read more

Nov. 18, 2024 3:12 AM ETJapanese Yen / US Dollar (JPY:USD), USD:JPY, NKY:INDEWJ, DFJ, DXJ, FXY, YCL, YCS, DBJP, HEWJ, JPXN, FLJP, BBJP, EWJVBy: Jessica Kuruthukulangara, SA News Editor Tomohiro Ohsumi/Getty Images News The Bank of Japan will continue to raise interest rates and adjust the degree of monetary accommodation if the economy improves as … Read more

Check out what’s clicking on FoxBusiness.com. The Centers for Disease Control and Prevention and public health officials across 18 states are investigating a large outbreak of E. coli linked to organic carrots. As of Sunday, the outbreak has left one person dead and at least 39 infected, causing some to be hospitalized. The carrots originated … Read more

SEOUL, South Korea, Nov. 18, 2024 /PRNewswire/ —  Korea  (KRX:010130), the world’s leading non-ferrous metal smelting company, announced today that its precursor technology, a key material for secondary batteries, has been designated as “national core technology” and “national high-tech strategic technology” by the Korean government.   The precursor technology, jointly owned by Korea Zinc and … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of the UK’s Government Legal Department is pushing for more of a “revolving door” with industry, as US law firms in London spur large salary increases, putting extra pressure on public sector hiring. … Read more

Just 15 years ago On was a new entrant in a sports shoe market filled with several well-established competitors: Nike, Adidask, and Hoka. But the company’s novel shoes—identifiable with their base that looks like a layer of hollow pebbles—won hearts as more sports enthusiasts discovered them. Today, the Swiss company reached a record high in … Read more

Anil Natwarbhai Methaniya, an 18-year-old first-year medical student, tragically died on Saturday night at GMERS Medical College in Patan, Gujarat, after allegedly enduring hours of ragging by senior students. The incident has sent shockwaves across the academic community and triggered a probe by both police and the college’s anti-ragging committee. Allegations of Brutal Ragging As … Read more

Hacer Keles/iStock via Getty Images Resolute Mining (OTCPK:RMGGF) (OTCPK:RMGGY) said on Monday that it will pay the Mali government about $160 million amid efforts to resolve a tax dispute that led to the detention of Chief Executive Terry Holohan for more than a week. The