End of an era: US penny bids goodbye after last coin pressed in Philadelphia; 238 years old currency finally retires after Trump’s order

[ad_1] After more than two centuries of jingling in pockets and cash drawers, the American penny has reached the end of its life. The final batch of one-cent coins was pressed this week at the US Mint in Philadelphia, an event overseen by US Treasurer Brandon Beach.Earlier in February, US President Donald Trump announced that…

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US-China tensions: Beijing brimming with soybean after Trump-Xi meeting – Why it is still not a green flag for Washington

[ad_1] Bangladesh companies sign deal to buy USD 1 billion soybeans from US China’s ports are brimming with soybeans after months of record imports, dimming hopes for US exporters even as Trump and Xi reached a new trade understanding including fresh purchase commitments from Beijing.Massive reserves, weak processing margins and cheaper South American supplies have…

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Gold price today: Yellow metal shines; check 24K, 22K rates in Delhi, Mumbai, Bengaluru & other cities

[ad_1] Gold and silver prices continued their upward march on Thursday, supported by firm global cues and renewed safe-haven demand after the end of the prolonged US government shutdown. The reopening of the US government lifted investor sentiment, driving both metals higher in domestic and international markets.On the Multi Commodity Exchange (MCX), gold futures for…

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Foreign investor holding in equity slips to 15-year low; nearly Rs 2 lakh crore sell-off in 2025: NSE report

[ad_1] Foreign institutional and portfolio investors have significantly reduced their Indian equity holdings, with NSE-listed stocks reaching a 15-year low after a substantial sell-off of nearly Rs 2 lakh crore in 2025, according to NSE data.The September quarter witnessed significant decline in FPI ownership of Nifty 50 and Nifty 500 companies, dropping 43 and 46…

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SBI to modernize core infra in two years

[ad_1] State Bank of India, the country’s largest lender, said it aims to complete the modernization of its core banking infrastructure within two years. Speaking at the Singapore FinTech Festival 2025, Ashwini Kumar Tewari, managing director (corporate banking & subsidiaries), said the bank is transforming its legacy systems through what he called a “four-axis strategy”…

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Ford CEO warns US of a workforce crisis: “We have 5,000 skilled-mechanic jobs unfilled even with a $120,000 salary.” | Business

[ad_1] Ford Motor Company CEO Jim Farley has issued one of his starkest warnings yet about America’s labour future, revealing that the company is struggling to fill 5,000 skilled-mechanic roles despite offering salaries of around $120,000. Calling it a “serious problem” for the country, Farley said the shortage of trained workers is no longer an…

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$100 billion trade target by 2030: India, Russia discuss ways to boost bilateral ties; marine and pharma products in focus

[ad_1] AI image used for representative purposes India has urged Russia to expedite the approval of domestic establishments and registration of marine and pharmaceutical products to further strengthen bilateral trade ties.During his visit to Moscow, Commerce Secretary Rajesh Agrawal highlighted opportunities for expanding trade and proposed measures to improve market access, the commerce ministry said…

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‘Big short’ investor Michael Burry’s big move! Deregisters Scion Asset Management; had recently criticised tech firms like Nvidia

[ad_1] Michael Burry, the renowned “Big Short” investor, has terminated his hedge fund, Scion Asset Management’s registration. According to the Securities and Exchange Commission’s database, Scion’s status changed to “terminated” as of November 10, eliminating the need for regulatory filings, as reported by Reuters.Scion, which controlled $155 million in assets as of March, has been…

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