Monday, September 07
Canada has introduced temporary immigration measures to support the 2026 FIFA World Cup and the 76th FIFA Congress in Toronto and Vancouver. The policy allows certain FIFA-invited foreign nationals to work in the country without a work permit between December 1, 2025 and July 31, 2026. Immigration.ca reports that the exemption aims to ease entry for workers tied to official tournament operations as Canada hosts men’s World Cup matches for the first time. The government says these workers will support the economic, social and cultural activity generated by the event. Officials have outlined public policy considerations under section 25.2 of the Immigration and Refugee Protection Act, stating that streamlined entry will help deliver a major international tournament. The policy revokes an e
Vedanta Ltd. is planning to boost investments in Saudi Arabia as the Indian conglomerate bets on the kingdom’s ambitions to become a metals and mining hub as part of its massive economic transformation.The company intends to start digging for copper and gold in western Saudi Arabia in six to eight months, in what would be its first official mission to explore for minerals in the desert nation. It formally received a license on Tuesday, alongside other global firms including China’s Zijin Mining Group and Australian metals magnate Gina Rinehart’s Hancock Prospecting.Vedanta is targeting more licenses in an effort to create a Saudi supply chain from mining to processing, a senior executive said in an interview. The kingdom, which has touted about $100 billion in investment opportunitie
Shares of LG Electronics India rose as much as 3.3% to Rs 1,678 on Wednesday after Morgan Stanley kicked off coverage with an overweight rating and a forward-leaning view that the company “stands out across many categories in a highly competitive consumer durables market with industry-leading margins and best-in-class capital efficiencies.”The brokerage set a target price of Rs 1,864, implying room for further gains in a stock that has already delivered a volatile, but resilient, post-listing run.Morgan Stanley’s initiation argued that the next leg of growth will be shaped by new manufacturing capacity and a rising contribution from exports and B2B operations. It expects revenues and margins to be supported by these shifts, even as it forecasts earnings to drop 9% year-on-year in FY2
