Mark Knoller, ‘the Savant of 1600 Pennsylvania Avenue,’ Dies at 73
As White House correspondent for CBS News Radio, he kept meticulous records of presidential activities, from vacation days to teleprompter use. Source link
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Russia-China ties: Putin, Xi push ahead to build new gas pipeline; to boost ‘clean energy’ supply
Russia on Tuesday said it had signed a legally binding agreement with China to build the Power of Siberia 2 gas pipeline, a project aimed at further strengthening energy and strategic ties between the two countries. The pact was signed during President Vladimir Putin’ visit to Beijing, reported AFP.The planned pipeline, which would run through…
Stephen Muss, Developer Who Helped Revive Miami Beach, Dies at 97
The scion of a New York family of builders, he rescued the Fontainebleau hotel from bankruptcy, spurring a real estate boom. Source link
Swedish firm Klarna targets $1.27 bn in New York listing; eyes $14 bn valuation, big investors line up to exit
Sweden’s “buy now, pay later” financial services firm Klarna said on Tuesday it aims to raise $1.27 billion through an initial public offering in New York, setting a price band of $35 to $37 a share, after an earlier plan was delayed due to market volatility.Klarna had first announced plans for an IPO in November…
A C.E.O. Stirred Anger at the U.S. Open. Another Man Bore the Internet’s Wrath.
The chief executive of the Polish company Drogbruk was captured on video snatching a hat in front of a child. The head of Drog-Bruk, a different firm, is getting attacked. Source link
Rupee near record lows: Will exporters gain competitiveness or lose on rising import costs? All you need to know
The Indian rupee traded near record lows against the US dollar on Tuesday, slipping to 88.15 after closing at an all-time low of 88.18 a day earlier. The depreciation has provided exporters with better price competitiveness but raised concerns for import-heavy sectors.Exporters said the fall in the rupee presents a mixed picture. “On one hand,…
After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs
The president and his advisers have suggested they will fight a federal appeals court’s ruling that found many of the administration’s tariffs to be illegal. Source link
JLR cyberattack: Tata Motors unit says operations severely hit; no customer data stolen
Jaguar Land Rover, the Tata Motors-owned luxury automaker, said on Tuesday its global retail and production operations have been “severely disrupted” following a cyberattack, forcing the company to shut down systems as a precaution.The UK-based company said it took immediate steps to shut down its systems in a bid to limit the fallout, AFP reported….
Kraft Heinz to Split Into Two Businesses
Food companies are coming under pressure for growth as the maker of Velveeta breaks up and an activist investor takes a stake in PepsiCo. Source link
Yes Bank stake sale: CCI clears SMBC plan for up to 24.99% holding, Japanese lender set to become top shareholder
The Competition Commission of India (CCI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) proposal to acquire up to 24.99 per cent stake in Yes Bank, paving the way for the Japanese lender to become the private sector bank’s single-largest shareholder.SMBC, a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), is among the leading foreign banks…