Pimco bets on bonds as 24-year-high yields lure

CNN’s new era begins as Skydance brings two news giants under one roof

Skydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as editor-in-chief, while new governance structures are under consideration. Critics worry that corporate ownership may influence news coverage and reporting standards over time. Skydance's relationship with political figures, particularly Donald Trump, adds another layer of complexity to its news operations. Discussions about maintaining journalistic integrity are ongoing as the merger progresses.

Stocks to watch on October 7: Over a dozen companies, rate-sensitive sectors in focus

Stocks across banking, realty and automobile sectors will be watched ahead of the RBI rate decision, while companies report capacity expansions, acquisitions, orders, leadership changes, facility commissioning and other key developments

Vance, in interview, says Iran must make ‘meaningful’ enrichment cuts to end seven-month war

US Vice President JD Vance stated that Iran must significantly reduce its nuclear enrichment capacity to meet US demands. Vance expressed uncertainty about how decisions are made in Iran's leadership following recent clashes. The US maintains that they will not make concessions without concrete Iranian nuclear actions. Simultaneously, the war has raised political concerns for President Trump and the Republican party before the midterm elections.

Argentina vs Benin: Lionel Messi retires from international football career with a goal

Lionel Messi has officially retired from his international soccer career after scoring in Argentina's recent win against Benin. He leaves with a remarkable record of 125 goals and 68 assists for his nation. Messi has previously contributed to Argentina's victory in the World Cup and Copa America titles. Before exiting, he conveyed a message of fulfillment, stating he gave everything for his country.

Trump says ‘nobody knows’ who is running Iran as war enters eighth month

US President Donald Trump stated that nobody knows who is currently running Iran amid ongoing conflict. He expressed concerns about Iran's leadership following the death of Supreme Leader Ayatollah Ali Khamenei at the war's onset. Iran's foreign ministry spokesman countered by asserting that the US understands Iran's decision-making system. Meanwhile, rising fuel prices due to the conflict could impact Trump's party during the upcoming midterm elections.

‘Nobody knows who the hell is running the country’: Trump says Iran’s leaders are gone

Houthis launch missiles at Yemen's Aden airport as fighting intensifies

Aden's international airport came under missile fire from Houthis, reports indicate no injuries. This incident aligns with heightened tensions following Houthi territorial gains along Yemen's Red Sea coast. At the same time, coalition forces intercepted a ballistic missile targeting Khamis Mushait in Saudi Arabia, attributing the threats to Houthi-dominated regions like Sanaa and Saada.

Russia pneumonic plague revives fears of COVID-19: What are chances of virulent disease becoming another worldwide pandemic? Read Experts' opinions

Russia pneumonic plague: The woman died at a hospital in Shelekhov, a town just outside the city of Irkutsk, and its mayor said the hospital was placed under quarantine. The top officials from Russia’s national public health watchdog traveled to the region on Friday.

Trump says he has call scheduled with Putin to discuss possible case of pneumonic plague in Russia

US President Trump will speak with President Vladimir Putin about a plague case reported in Russia. This discussion follows the death of an employee linked to an anti-plague research institute. Health authorities are investigating the cause of death as pneumonia with unknown origins. The World Health Organization assesses that the risk of spread outside Russia is very low. Additionally, the Trump administration faces a deadline to consider sanctions against Russian entities.

Trump doesn't commit to repaying federal funds spent on TV ads that praised him

US President Trump indicated he would cover future ad expenses from his campaign account while federal taxpayer funds remain unrefunded. Criticism has emerged from both political parties regarding the appropriateness of using taxpayer money for these ads. Legal experts are examining potential violations of federal laws concerning publicity and propaganda funded by appropriated money. Senate Democratic Leader Chuck Schumer called for an investigation into the use of taxpayer resources.

Trent surges 13% to 2-year high after strong Q2 update

Trent, the prominent Tata Group retailer, experienced a notable spike in share prices as it unveiled impressive second-quarter results. The company reported a significant 23% year-on-year revenue growth, amounting to ₹5,788 crore. This development led brokerages to enhance their forecasts and issue favorable ratings. Additionally, Trent celebrated the launch of its 1,000th Zudio store, reflecting productivity gains.