Author: Lucas

WASHINGTON (TNND) — Ukrainian President Volodymyr Zelenskyy said that Ukraine’s long-range strikes on Russian refineries have reduced oil refinery capacity by 20%.This comes after the Trump administration announced sanctions on two major Russian oil companies.“Now is the time to stop the killing and for an immediate ceasefire,” said Secretary of the Treasury Scott Bessent in a written statement. “Given President Putin’s refusal to end this senseless war, Treasury is sanctioning Russia’s two largest oil companies that fund the Kremlin’s war machine. Treasury is prepared to take further action if necessary to support President Trump’s effort to end yet another war.…

 India’s Shift to a Digital RupeeIndia has been pushing aggressively towards a Digital Rupee (e₹) as a central aspect of digital finance. RBI has already launched pilot initiatives for wholesale (CBDC-W) and retail (CBDC-R) forms, which allow participants such as chosen banks and users to test live transactions.Aim behind India’s CBDC initiative:Encourage financial inclusion and digitalization.Minimize utilization of hard currency.Enhance payment efficiency and lower transaction costs.Enhance India’s profile in the international digital economy.While CBDCs are on the rise, the government also gets to work on strengthening its Crypto Tax in India infrastructure — ensuring that the digital financial system is…

We recited תְּפִלַּת הַגֶּשֶׁם, the Prayer for Rain, the day after Sukkot, on Shmini Atzeret. Simultaneously, we began adding the phrase מַשִּׁיב הָרוּחַ וּמוֹרִיד הַגֶּשֶׁם, “He causes the wind to blow and the rain to fall”, in every Amidah (which we will continue to do until Pesach). However, this phrase is not actually a request for rain; it is no more than recognition that G-d provides us with the wind and the rain which are necessary for our survival.Today, on the 7th of Marcheshvan, in Israel we begin requesting rain from G-d in the ninth Blessing of the Amidah of…

The Multi Commodity Exchange of India on Monday announced the launch of options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX) amid investor rush for precious metals like gold and silver. The options contracts became effective today, October 27.MCX BULLDEX constitutes the highly popular and liquid MCX Gold and Silver futures contracts. These contracts covering both gold and silver offer a balanced exposure in the bullion segment to market participants – both investors and institutions alike.The options contracts on this index will empower market participants with a versatile risk management tool, combining the benefits of diversified underlying assets with…

Oct 28 (Reuters) – Global paint supplier PPG Industries (PPG.N), opens new tab beat Wall Street expectations for third-quarter profit on Tuesday, driven by higher sales and prices in its performance coatings and global architectural coatings segments.U.S. manufacturing activity increased in August and September amid a rebound in the output of motor vehicles and some nondurable goods, even as tariffs continued to cast a shadow over the manufacturing sector. Sign up here.Meanwhile, U.S. existing home sales increased to a seven-month high in September as higher-income households enjoy strong wealth gains from a robust stock market.PPG’s total net sales rose to…

Advanced Micro Devices (AMD) stock has risen by 62.8% over the course of 21 trading days. The gains are driven in part by the company’s major deal with ChatGPT maker OpenAI, to supply tens of thousands of its GPU chips for 6 gigawatts of computing capacity over the next five years. AMD logo displayed on a phone screen and a laptop keyboard are seen in this illustration photo taken in Krakow, Poland on October 30, 2021. (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesHowever, the stock now appears expensive, leading to the question – what is the risk?…

HOUSTON, Oct 28 (Reuters) – Gold Reserve (GRZ.V), opens new tab has asked the U.S. Court of Appeals for the Third Circuit to stay all further proceedings of the auction of Citgo Petroleum’s parent until the company’s motion to disqualify the judge, a court officer and two advising firms overseeing the auction is resolved, according to a petition filed on Tuesday.Reporting by Marianna Parraga; Editing by Nathan Crooks Source link

By SYLVIA MORRIS, THIS IS MONEY AND DAILY MAIL SAVINGS EXPERT Updated: 18:18, 28 October 2025 Picking an easy access savings account with a good rate of interest is not easy when you need to watch out for all the catches.Often top rates come with a bonus which lasts a year. You must make a diary note to move your money when the bonus vanishes or you’ll end up with a lousy rate.Others limit the number of times you can take money out to between one and five a year, otherwise interest is slashed. You need to check if closing an…

The money flooding in to fund the race to achieve artificial general intelligence has found its way into some lesser appreciated corners of the market. As well as chipmakers and nuclear start-ups attracting huge valuations, the relatively staid old world of gas turbine manufacturing is enjoying its own revival.This notoriously cyclical business was an unloved part of the market until OpenAI’s launch of ChatGPT two years ago. A multi-year demand slump led to a wave of consolidation and exits, meaning the industry is now dominated by just three main players: Siemens Energy (DE:ENR), GE Vernova (US:GEV) and Mitsubishi Power have…

Jannik Sinner has publicly called out the four Grand Slam tournaments after they refused to discuss players’ requests for greater prize money and welfare benefits, including pensions and healthcare. The world No. 2 was among a group of top players who sent two letters to organisers of the Australian Open, French Open, Wimbledon, and US Open, asking for a greater share of revenue, plus contributions to the benefits schemes.The four-time Major champion revealed that players held talks with the Slams at the French Open and Wimbledon this year, and later sent proposals on how they could progress. But the tournaments…