Monday, September 07
Unemployment benefits in the US climbed to their highest level since August during mid-October — the period when the Labor Department would normally conduct its household survey for the monthly jobs report, which was delayed due to the recent government shutdown.According to updated data released Tuesday, continued claims — those filed by people receiving benefits after their first week — rose to 1.957 million for the week ending October 18. This marks an increase of 10,000 from the previous week and is the highest level recorded since early August. It also reflects a significant rise from 1.916 million in the week ending September 13, the last set of figures published before the shutdown began on October 1.Initial jobless claims also increased, with 232,000 new applications filed in
jiv Jain-backed GQG Partners on Tuesday raised stakes in five Adani Group companies via multiple block deals. The stocks in which he added his stakes are Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Green Energy, Adani Energy Solutions and Adani Power. The investment company spent a total of Rs 5,094 crore to buy shares in these companies. 1) Adani EnterprisesGQG Partners bought around 53.42 lakh shares in the company via GQG Partners International Equity CIT in three blocks. The shares were bought at Rs 2,462 apiece taking the deal size to Rs 1,315.20 crore.Adani Enterprises today ended at Rs 2,439 on the NSE, down by Rs 23 or 0.93% over the Monday closing price.The seller was Reliance Trust Institutional Retirement Trust Series Eleven.GQG held 1.75% stake repre
Thailand has begun stricter checks on foreigners entering and exiting the country multiple times under tourist exemptions, as immigration authorities act to curb misuse of visa-free stays and close gaps linked to criminal activity, according to a report by Bangkok Post. The move follows directives from Prime Minister Anutin Charnvirakul and National Police Chief Pol Gen Kittharath Punpetch. The Immigration Bureau said it is enforcing new limits on how often travellers can perform “visa runs”, a practice where individuals leave and re-enter Thailand to extend short-term stays. Pol Maj Cheongron Rimpadee said the screening drive is part of a wider campaign to tackle cybercrime and other offences committed by foreign nationals exploiting the system. The bureau outlined the policy after Po
