International
Seven Pakistani soldiers were killed in a suicide attack near the Afghan border in North Waziristan, security officials said on Friday. Method of attack According to the officials, the assailant rammed an explosive-laden vehicle into the perimeter wall of a military camp. Two other attackers attempted to storm the compound and were killed in firefights. […]
Business Markets
The BSE Sensex climbed 484 points on Friday, while the Nifty 50 crossed the 25,700 mark to close at a fresh one-year high. Key winners and movers Stocks such as Asian Paints and Mahindra & Mahindra saw double-digit gains of around 4% and 3% respectively. Among financials and energy names, Reliance, HDFC Bank, and ICICI […]
Business
Elon Musk conceded that X (formerly Twitter) is underpaying content creators and that payment allocation on the platform is not accurate enough. Praise for YouTube’s model In contrast, Musk lauded YouTube’s monetization system, saying it is more efficient and fair for creators. Creator backlash Many creators have long complained about unpredictable earnings and lack of
Business
Coca-Cola Co. is reportedly considering an initial public offering (IPO) of its main Indian bottling unit, Hindustan Coca-Cola Beverages Pvt. Ltd., with a potential fundraising target of around $1 billion. Advisors and timeline The company is said to be in early discussions with financial advisors to evaluate market conditions and structure of the share sale. […]
International
Venezuela has formally asked the U.N. Security Council to declare recent U.S. strikes on vessels near its coast illegal, and to affirm Venezuela’s sovereignty over its maritime territory. Allegations of casualties In a letter, Venezuela’s U.N. Ambassador Samuel Moncada accused the U.S. of killing at least 27 people in operations targeting what Caracas describes as […]
International
John Bolton, former U.S. National Security Adviser under President Trump, has been indicted on 18 federal counts for allegedly mishandling classified national defense information. The charges include 8 counts of unlawful transmission and 10 counts of unlawful retention. Alleged misconduct Prosecutors say Bolton shared more than 1,000 pages of sensitive diary-style