Author: Lucas

It is understood that some of the Indian refiners may look into Russian oil from sources which are not sanctioned.India’s procurement of Russian crude oil is shaped by the shifting dynamics of the global oil market, the Ministry of External Affairs (MEA) said on Thursday.MEA spokesperson Randheer Jaiswal said, “We are studying the implications of the recent US sanctions on Russian oil companies. Our decisions naturally take into account the evolving dynamics of the global market. Our position on the larger question of energy sourcing is well known.”“India is guided by the imperative to secure affordable energy from diverse sources…

John and Chris (Christina) King enjoyed a celebratory lunch at Kings Acre Golf Club at Lasswade in Midlothian on Saturday. The guests included Chris’ twin brothers Bill Brown, who lives in Millhill, Musselburgh, and Wilson Brown, of Inchview North, Prestonpans, who will be 85 in November. John and Chris on their wedding day in Musselburgh (Image: Contributed) John, now 93, and Chris, 92, were married at the High Church, situated near the Rennie Bridge on High Street, Musselburgh, on October 29, 1955, and enjoyed a reception at the Store (Co-op) Tearooms. John, who is from Bilston in Midlothian, worked as…

A state-backed digital pound is likely to be launched later this decade, according to the Treasury and the Bank of England.Both institutions want to ensure the public has access to safe money that is easy to use in the digital age.Chancellor Jeremy Hunt said the central-bank digital currency (CBDC) could be a new “trusted and accessible” way to pay.But it will not be built until at least 2025. “We want to investigate what is possible first, whilst always making sure we protect financial stability,” Mr Hunt said. The Treasury and the Bank of England will formally start a consultation for…

Anniki says when she was younger, she often felt scared to check her bank balance and avoided dealing with money as much as possible.This kind of behaviour is often linked to our education, says Claer Barrett, consumer editor at the Financial Times.”How we felt about maths in school, maybe that burning feeling of shame of not knowing the answer or putting your hand up to answer a question and getting it wrong, that can often make us feel like, I can’t do maths. So therefore, I can’t do money.””We should be really pushing on that door and trying to understand…

EAU CLAIRE — An Augusta woman was in court Tuesday to face charges that she stole more than $10,000 from a relative.Carrolee Moore, 52, faces charges of fraudulent use of a financial transaction card, theft of movable property valued between $10,000-$100,000 and a misdemeanor count of intimidating a victim. She faces a separate charge of resisting an officer as well.According to the criminal complaint, Augusta police became involved after the Department of Human Services contacted them about potential financial crimes. Police checked on the account and, in the course of their investigation, found that the victim had regular automated payments…

SALT LAKE CITY, Oct. 29, 2025 (GLOBE NEWSWIRE) — Medallion Bank (Nasdaq: MBNKO, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today its results for the quarter ended September 30, 2025. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). 2025 Third Quarter Highlights Net income of $19.8 million, compared to $15.5 million in the prior year quarter.Net interest income of $55.9 million, compared to $53.2 million in the prior year quarter. Total non-interest income of…

The Recording Industry Association of Japan (RIAJ) has announced its latest batch of official certifications! In 2020, the RIAJ implemented a new certification system for online streaming of songs, as an addition to its pre-existing certification systems for physical album shipments and digital download sales. According to the new system, songs are certified silver once they reach 30 million streams, gold at 50 million streams, and platinum at 100 million streams. This month, aespa earned a platinum certification for their 2021 Korean hit “Savage,” which has surpassed 100 million streams in Japan. Meanwhile, SEVENTEEN earned two gold certifications for their…

Futures on the Nasdaq jumped nearly 250 points in early trading on Friday, October 31, after a strong bunch of big tech results led by Apple and Amazon.Amazon’s shares rose 13% in extended trading after a strong quarter, increased capex guidance and its cloud business growing at the fastest pace in 2022.Apple, the manufacturer of iPhones is also projecting a bumper holiday season, well above analyst expectations, even as the quarterly performance was subdued at best. Wall Street saw a down day in regular trading on Thursday as investors digested the Trump-Xi meeting and the lack of clarity over the…

At the NVIDIA GTC (GPU Technology Conference) in Washington, D.C., Siemens and NVIDIA demonstrated a new technology stack currently in development for the Siemens Xcelerator portfolio. This demo showed how engineers will soon be able to rapidly design, optimize, and manage the most advanced and accurate digital twins for future factories.Utilizing the integration between Siemens Xcelerator and NVIDIA Omniverse, this technology will support a new highly realistic digital twin offering that will bring together 3D visualization, simulation, and factory data into one unified, immersive environment.This milestone marks a key step toward realizing the industrial metaverse—Siemens’ vision of seamlessly combining the…

The Tokyo Metropolitan Government issued a €300 million (¥53 billion) bond Tuesday to boost flood defenses and other climate-related countermeasures. The money will be used to upgrade coastal protection facilities for the Port of Tokyo, develop sediment prevention facilities and enhance river flood resilience. The bond, which was validated by the Climate Bonds Initiative, is the world’s first certified resilience bond, according to the Tokyo government. “This new bond label is a notable development for the market,” said Melissa Cheok, an associate director at Sustainable Fitch. The bond’s oversubscription “signals that the market is ready to allocate capital to these…