Europe: Stocks fall as US bank jitters spark flight to safety

Europe: Stocks fall as US bank jitters spark flight to safety

[BENGALURU] European shares fell on Friday (Oct 17), as signs of credit stress at US regional lenders unnerved investors and drove them into safe-haven assets. The continent-wide Stoxx 600 index closed nearly 1 per cent lower, but still logged a modest weekly gain of 0.4 per cent. European banks were down 2.5 per cent, with…

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Colombian crime ring drilled through concrete to pull off daring $1 million jewelry heist: ‘Straight out of the movies’

Colombian crime ring drilled through concrete to pull off daring  million jewelry heist: ‘Straight out of the movies’

A “highly sophisticated” Colombian crime ring with likely cartel ties drilled through concrete and made off with more than $1 million in jewelry last month — but pushed its luck too far in attempting a similar brazen break-in Thursday,  police said. The crew of four bandits, including an alarm specialist and demolition expert, first targeted a…

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Trafigura acquires warehousing firm Grafton’s Singapore business

Trafigura acquires warehousing firm Grafton’s Singapore business

The deal marks the metal trader’s return to the London Metal Exchange warehousing industry [SINGAPORE] Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a mountain of surplus inventory in the Asian logistics hub opens up lucrative trading opportunities. Trafigura Smelting Investments, a unit of the world’s largest metals trader,…

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‘Good riddance’: Fed clash over scrapping climate risk guidance

‘Good riddance’: Fed clash over scrapping climate risk guidance

RUMBLING discontent over the US Federal Reserve’s guidance on climate change policies spilled into the open on Thursday, when the central bank became the latest regulatory agency to scrap climate-related guidance. In a joint statement, the Fed and the Federal Deposit Insurance Corporation (FDIC) said they “do not believe principles for managing climate-related financial risk…

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How Doing Good Teaches Students Entrepreneurship

How Doing Good Teaches Students Entrepreneurship

In the next decade, nearly 40% of the skills required for jobs are expected to change, according to the World Economic Forum’s Future of Jobs Report 2025. Automation, AI, and shifting global markets are redefining what it means to be employable. In this landscape, young people need more than academic achievement—they need adaptability, leadership, creative…

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