World Updates

According to two persons familiar with the situation, the Financial Times reported on Tuesday that Chinese authorities are examining Meta’s $2 billion purchase of artificial intelligence firm Manus for potential breaches of technology control. China Reviews Meta’s $2 Billion AI Acquisition Reuters was unable to confirm the information right away. Requests for feedback received no … Read more

Following US President Donald Trump’s announcement that Venezuela will provide the US with millions of barrels of oil, crude oil prices dropped more than 1% on Wednesday morning. Crude Oil Prices Slide After Venezuela Oil Announcement Wednesday at 9.56 a.m., February WTI (West Texas Intermediate) crude oil futures were at $56.26, down 1.52 percent, while … Read more

According to President Donald Trump, Venezuela would give up up to 50 million barrels of oil to the United States, which would be worth around $2.8 billion at the current market price. He also said that the revenues from the sale of the cargoes would benefit both nations. Trump Announces Venezuelan Oil Transfer The declaration, … Read more

The Reliance share price fluctuated during intraday trading on Wednesday, January 7, amid poor market sentiment after suffering a total loss of more than 5% in the previous two sessions. Reliance Share Price Movement Reliance Industries, an oil, telecom, and retail conglomerate headed by Mukesh Ambani, began at ₹1,510 compared to its previous close of … Read more

The Reserve Bank of India (RBI) has proposed new restrictions for banks that will restrict dividend payments to 75% of net earnings. RBI Proposes Dividend Restrictions for Banks The word “dividend” does not include payments on Perpetual Non-Cumulative Preference Shares (PNCPS), but it does relate to payments on equity shares, including interim dividends. “Reserve Bank … Read more