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Paraguay court detains impeached Peña over bank collapse

Paraguay’s former president Santiago Peña was ordered into pretrial detention on Saturday after prosecutors charged him with breach of trust and administration for personal gain over the collapse of digital lender Ueno Bank. Judge Humberto Otazú ordered Peña held at a military facility in Asunción, saying detention was necessary to prevent him leaving the country while investigators examined his dealings with the bank. The court also ordered […]

Binance appoints Justin Yek as finance chief after theft

Binance has named Justin Yek as its new chief financial officer after Kaiser Ng decided to leave the cryptocurrency exchange, a leadership change announced just over a week after hackers stole approximately $6.3 billion in digital assets. Co-chief executive Yi He announced the appointment on Saturday, saying Ng was departing to pursue another venture. She said arrangements for the handover had been under way for six months, […]

Democratic Congress threatens Trump-era cryptocurrency policy gains

Democrats’ victory in both chambers of the US Congress has disrupted the cryptocurrency industry’s Washington agenda, threatening tougher scrutiny of its political relationships and diminishing prospects for legislation sought by digital asset companies. The midterm election result leaves President Donald Trump facing opposition control of the House of Representatives and Senate when the new Congress convenes in January. Democratic lawmakers will gain committee leadership, investigative powers and […]

Greens back Sreedharan plan

Vijayan accuses CM of being evasive

Wall Street’s AI Reckoning Offers India A New Opening

By K Raveendran Wall Street was waiting for an excuse to punish the technology sector, whose extraordinary valuations had increasingly defied conventional measures of profitability and risk. The sweeping defeat of Donald Trump’s Republicans in the American midterm elections provided the trigger, unleashing a sell-off that exposed the fragility beneath the artificial intelligence boom. Yet […]

The article Wall Street’s AI Reckoning Offers India A New Opening appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

BJP’s Counter Rallies To “Expose” Rahul Gandhi, Reveals The Weakness Of The Party

By Arun Srivastava Rahul Gandhi’s strategy to mobilize people against Modi–Shah leadership and build a sustainable national alternative, remains a subject of intense debate among political analysts and observers. The realisation that saffron ecosystem is determined not to allow him the parliamentary system and space to articulate his views, he has noticeably shifted toward aggressive […]

The article BJP’s Counter Rallies To “Expose” Rahul Gandhi, Reveals The Weakness Of The Party appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Employees Up In Arms Against Sale Of IDBI To Canadian Company Fairfax

By Dr. Gyan Pathak Industrial Development Bank of India (IDBI) will soon be placed in a foreign hand, which the nationalist prime minister Narendra Modi’s BJP led NDA government said doing it in the national interest of the country. Employees and officers of IDBI on the other hand went on two days nationwide strike on […]

The article Employees Up In Arms Against Sale Of IDBI To Canadian Company Fairfax appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Dubai Future District Fund and Buimerc formalise cooperation

Dubai Future District Fund (DFDF) and Buimerc Corporation Ltd have signed a non-binding cooperation statement aimed at strengthening Dubai’s venture capital ecosystem and expanding investment and innovation links between the UAE and India. The agreement, announced on 2 November, was signed at the Consulate General of India in Dubai in the presence of Deepak Mittal, India’s ambassador to the UAE, and E. Vishnu Vardhan Reddy, consul general […]

ADIA subsidiary seeks $7.5 billion private investment financing

A wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) has launched a $7.5 billion syndicated loan facility to finance existing and future investments in private markets, with international banks invited to provide commitments ahead of a planned December signing. The secured subscription line facility carries an initial one-year tenor and includes options to extend it twice, for one year each. The financing is intended to support […]

Elephant calf on death line airlifted for treatment in Gujarat

Microfinance case trouble for Vellappally

CM disputes Vijayan’s claims

OpenAI abandons secrecy agreements for future data centres

OpenAI has pledged to stop using broad confidentiality agreements with public officials negotiating data centre projects, as electoral victories for Democrats intensify scrutiny of artificial intelligence infrastructure across the United States. The ChatGPT developer unveiled a National Community Compact on Thursday, promising greater disclosure of electricity consumption, water use, construction disruption and employment at future computing campuses it owns and operates. The commitments follow Tuesday’s midterm elections, […]

Dubai details five-year visa benefits for returning visitors

Dubai has outlined the eligibility rules and benefits of its invitation-only Access Club, offering selected repeat visitors a five-year multiple-entry tourist visa and privileges across hotels, shopping destinations and attractions. The programme, developed by the General Directorate of Identity and Foreigners Affairs – Dubai (GDRFA Dubai) and the Dubai Department of Economy and Tourism (DET), will grant five-year memberships through nominations by participating companies and loyalty schemes. […]

Oil advances towards $100 as tanker attacks persist

Arabian Post Staff -Dubai Oil prices climbed for a second consecutive session on Friday as attacks on commercial vessels in the Middle East revived supply concerns, even as expectations of a possible end to the war with Iran kept crude on course for a steep weekly decline. Brent futures rose 1.31% to $99.58 a barrel during early trading, having briefly crossed $100, while US West Texas Intermediate […]

Technology shares plunge as Nasdaq enters correction

Wall Street suffered a sweeping technology selloff on Thursday as fears over artificial intelligence spending and possible restrictions on data centres drove the Nasdaq Composite into correction territory. The technology-heavy index dropped 5.5 per cent to 24,315, closing nearly 12 per cent below its October peak. The S&P 500 lost 4.4 per cent to 7,353.73, its steepest daily decline since April 2025, while the Dow Jones Industrial […]

Emaar approves Development buyout ahead of planned delisting

Arabian Post Staff -Dubai Dubai’s Emaar Properties has approved a cash offer to acquire the remaining shares in Emaar Development, paving the way for the subsidiary’s potential delisting from the Dubai Financial Market in a transaction worth approximately Dh11.9 billion ($3.24 billion). The board-backed proposal offers minority shareholders Dh15 per share for the 19.8387 per cent stake not already controlled by Emaar Properties and its indirectly wholly […]

TVM –Mangaluru Vande Bharat claims top spot

Private varsities bill all set to face the axe

UK air traffic outage inflicted £33m financial losses

A software failure at Britain’s air traffic control provider NATS inflicted an estimated £33 million in losses on UK organisations, with airlines bearing most of the cost, a new assessment has found. The Cyber Monitoring Centre (CMC) said on Wednesday that the disruption on 8 September affected more than 70 UK organisations and generated losses ranging from £24 million to £42 million under its modelling. The estimate […]

Millions Of Indians May Soon Be Deprived Of Government Assistance

By Dr. Gyan Pathak Millions of Indians will soon be deprived of government assistance across the country, if the proposed national policy shift from Aadhaar based transactions of goods and cash to Voter ID (EPIC) is implemented. It will be inhuman on the part of the PM Narendra Modi led BJP government to first getting […]

The article Millions Of Indians May Soon Be Deprived Of Government Assistance appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Hong Kong mandates crypto transaction disclosures to tax authorities

Hong Kong has approved legislation requiring cryptocurrency service providers to collect customer and transaction information from 2027, enabling the territory’s tax authorities to share the records with overseas counterparts from 2028. The Legislative Council passed the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill on Wednesday, November 4, bringing digital asset transactions within an international system designed to identify cross-border tax evasion. The […]

Emirates Group records AED 4.1 billion half-year profit

Arabian Post Staff -Dubai The Emirates Group posted AED 4.1 billion ($1.1 billion) in pre-tax profit for the six months ended September, as the Gulf conflict and higher fuel costs sharply reduced earnings from a year earlier. The Dubai aviation group said on Thursday that profit before tax fell from AED 12.2 billion in the corresponding period of 2025-26. Profit after tax declined by 66 per cent […]