Author: Admin
NATO countries gather as Ukraine war overshadows Europe; Russian attack on shopping mall kills at least 15 people
NATO alliance set to meet in Spain as Russia’s aggression increases NATO chief Jens Stoltenberg has already previewed new moves by the alliance, announcing on Monday that it would increase its rapid response force and will bolster its battlegroups in eastern Europe. Yves Herman | Reuters The NATO military alliance is all set to meet […]
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Why one stock brokerage is bullish on Reliance Industries and Infosys
India’s stocks didn’t have a good start in the first half of the year, but stock brokerage Kotak Securities remains bullish on two stocks. Reliance Industries, an energy and telecommunications conglomerate, has been making a lot of small acquisitions and is “very aggressive” in converting companies into digital businesses, said Shrikant Chouhan, executive vice president […]
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Total shutdown of Russian gas pipelines to Europe ‘is not inconceivable’
Russian President Vladimir Putin makes a toast as he takes part in the XIV BRICS summit in virtual format via a video call, in Moscow on June 23, 2022. Mikhail Metzel | AFP | Getty Images The Group of 7 nations need to brace for a complete shutdown of Russian gas pipelines in the near term, […]
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G-7’s infrastructure funding plan offers an alternative to China’s BRI in a ‘deliberate way’
The Group of 7 has announced a new infrastructure funding program that could rival China’s Belt and Road Initiative. One expert says the G-7’s plan offers hope to developing countries but it remains to be seen whether it can match the BRI. On Sunday, the U.S. and the other members of the G-7 including Canada, […]
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UK unlikely to return to mandatory Covid restrictions despite rising cases
More than 1.7 million Brits — or around 1 in 35 people — tested positive for Covid in the week to June 18, the latest data from the U.K.’s Office for National Statistics showed Friday. Adrian Dennis | Afp | Getty Images LONDON — Mandatory Covid-19 restrictions are unlikely to be reintroduced in Britain this […]
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Hydrogen-powered trains to be used in Germany’s capital region
A Mireo Plus H train photographed in North Rhine-Westphalia, Germany, on May 5, 2022. According to Siemens Mobility, the train can hit a top speed of 160 kilometers per hour, or around 99 mph. Sophie Brössler | Picture Alliance | Getty Images Siemens Mobility is to build several hydrogen-powered trains for a network in the […]
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As Klarna and Affirm falter, a new breed of ‘buy now, pay later’ startups are stealing the spotlight
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “speculation.” Jakub Porzycki | NurPhoto via Getty Images With hype over the “buy now, pay later” trend fading, some investors are […]
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NATO’s plan to label China as a systemic challenge is particularly significant, says think tank
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Charles Edel of the Center for Strategic and International Studies discusses the military alliance’s first new strategy concept in a decade and says it’s sending a “big signal.” Source
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At least 46 migrants found dead in San Antonio, Texas Gov. Abbott says
More than 40 migrants were found dead Monday in the trailer of a big-rig truck in San Antonio, authorities said. San Antonio Fire Chief Charles Hood said that at least 46 people were dead and that 16, including four children, had been hospitalized. The victims included both males and females and females, many young adults, […]
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Fund manager says this stock is so cheap it makes ‘no sense’
Trying to buy the dip in a beaten down market might feel similar to stepping into a clearance sale at your favorite store — everything’s on sale and screams “buy.” But with no guarantee that the recent uptick in markets is anything more than temporary, investors are stressing the importance of being selective if adding […]
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