Wednesday January 26-th, 2022

POWERBALL: Lucky Jersey Shore Lottery Player Wins $50K POWERBALL: Lucky Jersey Shore Lottery Player Wins $50K

Speaking to an official from The Lott tonight moments after he checked his ticket, the victor couldn't hide his excitement at becoming one of Australia's newest multi-millionaires. The odds of winning the jackpot with a $1 ticket are 1-in-13,983,816....

Country is With the Enterprise and Wealth Creators, Says PM Modi Country is With the Enterprise and Wealth Creators, Says PM Modi

You have been the carrier of leadership, You have not dithered, You have not escaped, you have led the country from the front", Ratan Tata said to the Prime Minister. "We must associate every action to a larger goal of nation-building", he said. In...

Outgoing USTR Lighthizer encourages Biden to keep pressure on China Outgoing USTR Lighthizer encourages Biden to keep pressure on China

The talks come after Britain last week announced it would drop tariffs on U.S. products which the EU imposed after the United States hiked duties on European produce because of state support for Airbus. The talks are part of a general move by Presi...

Wall Street drops as stimulus rally cools, Tesla at record high Wall Street drops as stimulus rally cools, Tesla at record high

Those gains pushed the tech-heavy Nasdaq to a new record. Shares of the electric vehicle maker are up almost 700% over the a year ago, a meteoric rise that has punished short-sellers and turned it into the world's most highly-valued automaker.

EU Position Must Change EU Position Must Change "Substantially" To Seal Brexit Deal: UK

Time is running out to reach a deal with just a fortnight until the end of the transition period, and the Prime Minister said the negotiations were now in a "serious situation". The UK will leave the European Union single market in less than two week...

U.S. to blacklist dozens of Chinese firms including SMIC, sources say U.S. to blacklist dozens of Chinese firms including SMIC, sources say

The U.S. government is set to add as many as 80 Chinese companies to its trade blacklist, according to a new report from Reuters . SMIC is now developing 10 nm technology, the most advanced achieved by a Chinese homegrown chipmaker. China is ste...

Launch startup Astra’s rocket reaches space for the first time Launch startup Astra’s rocket reaches space for the first time

The company's Rocket 3.2 passed the Kármán line, which is the point that most consider the barrier between Earth's atmosphere and space. Third, they were hoping to accomplish ostensible principle motor cutoff for first stage - and this is the place...

Hydrogen plane startup gets $38bn backing from Jeff Bezos and Bill Gates Hydrogen plane startup gets $38bn backing from Jeff Bezos and Bill Gates

A plane with ZeroAvia's hydrogen hydrogen fuel cell technology made its first flight from the company research and development facility in Cranfield in September. "Aeronautics is the most energy serious type of travel... and you can't stop in the m...

Australia to challenge China barley tariffs through WTO Australia to challenge China barley tariffs through WTO

Birmingham didn't rule out the possibility of raising further WTO challenges against China , saying that anti-dumping claims made by Beijing against the Australian wine industry that could push tariffs to over 200pc had similar criteria to those...

United Kingdom and European Union stuck on fish after leaders’ Brexit call United Kingdom and European Union stuck on fish after leaders’ Brexit call

European Parliament lawmakers have set a Sunday (20 December) deadline for a post-Brexit trade deal to be completed in order for them to debate and vote on it before the UK's transition period ends on 31 December. A trade deal would ensure there are ...

U.S. jobless claims unexpectedly jump to highest in three months U.S. jobless claims unexpectedly jump to highest in three months

On an unadjusted basis, the figure fell by about 21,000. Continuing claims for state programmes declined by 273,000 to 5.51 million in the week ended Dec 5. The new figures were released as federal lawmakers neared a deal for further COVID-19 stimu...

Seasonal forces push unemployment claims higher in Maine

Still, some of the drop in so-called continuing claims may represent workers who have used up the maximum number of payments available through state unemployment programs (typically about six months) and are now receiving benefits through a separate ...

Oil prices surge above $50 as United States stockpiles shrink Oil prices surge above $50 as United States stockpiles shrink

Oil prices fell due to the increase in the United States crude oil inventories and over concerns about the fuel demand amid tighter lockdowns in Europe to contain the spread of Covid-19. Oil may face further headwinds from a stronger United States do...

Regulators slam Robinhood for targeting newbie investors with aggressive marketing Regulators slam Robinhood for targeting newbie investors with aggressive marketing

MA securities regulators have filed a complaint against Robinhood accusing the trading app of using aggressive tactics to attract inexperienced investors, employing strategies such as gamification to entice continuous use of its service, and of faili...

Australia to seek WTO intervention in barley row with China

Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China's decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Thermal coal i...

Weed merger smells funky, but could offer high Weed merger smells funky, but could offer high

Aphria's ownership of SweetWater and Tilray's partnership with beer brewer AB InBev puts them at the forefront of the cannabis-infused drinks market, which stands to benefit from the trend away from alcohol and sugary drinks in favor of health...

Active cases fall to 3.22 lakh, new daily cases below 25,000 Active cases fall to 3.22 lakh, new daily cases below 25,000

The Covid-19 active caseload remained below the four lakh-mark for the 11th consecutive day. With 33,813 new discharges in the last 24 hours, total discharged cases reached 94,56,449. Daily deaths in India are on a sustained decline. On the other h...

Bitcoin breaks above US$20,000 for first time Bitcoin breaks above US$20,000 for first time

Bitcoin has soared to a record high this year, up 170 per cent, as investors see in the cryptocurrency a hedge against the risk of inflation as governments and central banks turn on the stimulus taps, and a digital payment method that promises to go ...

Fed holds rates steady, expects to remain near zero through 2023 Fed holds rates steady, expects to remain near zero through 2023

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. "But this guidance, forward guidance on QE (quantitative easing) is pretty powerful. tha...

Mrs Bectors Food IPO subscribed 11.4 times on second day Mrs Bectors Food IPO subscribed 11.4 times on second day

The IPO has received bids for 15.09 crore equity shares against offer size of more than 1.32 crore equity shares (excluding anchor book), subscription data showed. Restaurants (India) and Hardcastle Restaurants. SBI Capital Markets, ICICI Securitie...

Brexit: Pound gains after European Union trade talks extended Brexit: Pound gains after European Union trade talks extended

MSCI's broadest index of Asia Pacific shares outside of Japan added 0.6% after two straight days of losses. Japan's Nikkei added 0.6% as a survey showed that the mood among hard-hit Japanese companies improved in the December quarter. The euro was ...

MacKenzie Scott donates $3 million to Second Harvest Food Bank MacKenzie Scott donates $3 million to Second Harvest Food Bank

MacKenzie Scott, ex-wife of Amazon.com Inc billionaire founder Jeff Bezos, has donated over $4.1 billion in the last four months to food banks and emergency relief funds. In a blog post , Scott said some of the money was also used to address inequit...

US Treasury Designates Switzerland, Vietnam as Currency Manipulators US Treasury Designates Switzerland, Vietnam as Currency Manipulators

To be a currency manipulator , the country must run a trade surplus with the United States of at least $20 billion, have a current account surplus of at least 2% of GDP, and buy foreign currency totaling over 2% of GDP on a net basis, all over a 12-...

Brexit: EU president says 'we have found way forward on most issues' Brexit: EU president says 'we have found way forward on most issues'

On Tuesday Prime Minister's Johnson's official spokesperson told a Westminster briefing a trade agreement can not come "at any cost" - and that any agreement must respect the independence and sovereignty of the UK. Mr Johnson has insisted that Brita...

Crown Resorts faces new lawsuit over money-laundering scandal Crown Resorts faces new lawsuit over money-laundering scandal

That came after months of repeated denials of wrongdoing as Crown continues to be investigated for everything from rigging gaming machines to opening its doors to war criminals to illegal junket relationships to money laundering - the list contin...

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