Business

Vermont nominates first transgender candidate for governor

Vermont nominates first transgender candidate for governor

Hallquist said her campaign would focus on improving the state's economy, yet she acknowledged the symbolism of being an openly transgender candidate. The restrictions, which Scott signed into law in April, came after the arrest of a teenager on charges he was plotting a school shooting. But Scott is still the favorite in the race, with Cook Political Report rating it " solid Republican ".


Could Turkey's currency crisis spread

Could Turkey's currency crisis spread "contagion"?

The pastor's imprisonment and then house arrest has caused one of the deepest rows between Turkey and the USA, two North Atlantic Treaty Organisation allies. Aly-Khan Satchu, a financial analyst and CEO of Rich Management, a financial and political advisory firm, said the economic crisis has taken place as the "US dollar has been weaponised - either deliberately or by design".


President Erdogan says Turkey to boycott United States electronic goods

President Erdogan says Turkey to boycott United States electronic goods

On Monday the lira briefly shot past seven to the dollar in early Asian trading , before recovering after Turkey's central bank announced liquidity support measures. Trump doubled tariffs on Turkish steel and aluminum imports last week, contributing to a meltdown in the lira that threatens Turkey's banking sector and has rattled global markets.


Tesla forms three-member panel to look at any Elon Musk deal

Tesla forms three-member panel to look at any Elon Musk deal

Tesla founder Elon Musk has confirmed that he is closely working with Goldman Sachs and private-equity firm Silver Lake to take the electric carmaker private - a deal that would need almost $70 billion in funding. "My best estimate right now is that approximately two-thirds of shares owned by all current investors would roll over into a private Tesla", Musk said.


A sixth firefighter killed battling California wildfires

A sixth firefighter killed battling California wildfires

While it's not the largest burning in the state, the Holy Fire has raised concerns about effects on residential communities. Six large new wildfires erupted in the United States, pushing the number of major active blazes nationwide to over 100, with more expected to break out sparked by lightning strikes on bone-dry terrain, authorities said on Saturday.


Rupee fall due to external factors: Government

Rupee fall due to external factors: Government

This is the biggest single day fall for the rupee in the past five years. Nervous investors were keeping an eye on developments in Ankara after yesterday's bloodletting that saw the lira hit record lows against the dollar and euro , and equity markets go into freefall on concerns Turkey's financial crisis could spread globally.