Exxon Mobil edges closer to sealing a monumental $60 billion deal with pioneer natural resources. This potential acquisition could mark a strategic pivot for Exxon. As the market reacted, Pioneer Natural Resources' stock saw a remarkable 11% surge to 238.67 dollars on Friday.

Exxon's $60 bn pioneer acquisition

U.S. benchmark 10-year yields hit 4.688% on Thursday, their highest since 2007. The dollar index, which tracks the unit against six other majors, was down 0.40% on the day at 106.21, but is on track for an 11th straight week of gains, and just off its 10-month high of 106.84 hit on Wednesday.

Dollar eases from 10-month high but on track for weekly gain

The Indian government will defer an import license requirement for laptops and tablets. This is a policy u-turn after industry and the U.S. Government complained about the move, which could hit Apple, Samsung, and others. An official told Reuters that the plan will be delayed by a year, after which the government will consider whether to implement a licensing regime or not.

Import licensing for electronics deferred

In exciting news for India, JP Morgan is including Indian bonds in its emerging market index. The JP Morgan em index is like a big list that shows how different countries' bonds are doing. It helps people decide where to invest their money. Now, India's bonds will be a part of this list, and that's a big deal.

JP Morgan to add Indian bonds in its emerging market index

Weeks after the US Tech firm Ripple labs got a major legal relief in a cryptocurrency case, the securities and exchange commission is set to appeal against the decision. The sec is likely to seek a review of the July 13 decision in a federal appeals court.

US Securities commission to challenge Ripple in court

As weakening demand and economic uncertainties loom, factories around the world are contending with declining orders and contraction. From the United States to the eurozone, manufacturing industries are experiencing a decline in new orders and struggling to work through backlogs.

Global manufacturing sector faces weakening demand

Car maker Stellantis has issued an urgent plea to the British government, requesting a renegotiation of the Brexit deal. Without a revision, the automaker warns that it may be forced to close down its factories. This appeal holds significant weight and could have wide-ranging consequences.

Stellantis sends an SOS message to UK gov't

Most Americans don’t have the financial resources to cover a surprise expense of $400 — a car or appliance repair, or a medical bill — without taking on debt, according to a new survey.

Most Americans say they lack ready cash to cover a surprise $400 expense

An Island used by the late sex offender jeffrey epstein to sexually abuse young women is one of the two private islands bought by a billionaire investor. Reports say that Stephen deck off has bought two private islands in the U.S. Virgin islands for 60 million dollars. Watch this report to know more.

Private Islands owned by Jeffrey Epstein

United States President Joe Biden has called for 50% of all new vehicle sales by 2030 to be EVs or plug-in hybrids (PHEV). Watch video to know more.

U.S. zero-emission vehicle sales, 50% of all vehicle sales by 2030 to be EVs

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