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India's markets regulator on Thursday proposed new measures to better manage risks and broaden funding avenues, as margin trading facility (MTF) volumes show an increase.Here are the details: • The Securities and Exchange Board of India proposed to broaden funding and collateral flexibility for MTF by allowing traders to raise funds via non‑convertible debentures, and expand eligible collateral, in alignment with the broader cash market• India's MTF book has grown sharply in recent years, with outstanding positions reaching about 1.3 trillion rupees ($13.78 billion) by mid‑2026, aro

Indian regulator proposes new risk curbs, wider funding option as margin trading surges

Zimbabwe lawmakers back legislation extending president's time in power

Russian nuclear chief accuses Ukraine of killing Zaporizhzhia power plant worker in drone attack

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Brazil yield curve steepens on policy decision seen as dovish

Brazil's debt yield curve reacted sharply on Thursday to a central bank decision considered dovish, as policymakers cut interest rates and left the door open for more easing despite acknowledging a more challenging inflation outlook.While the market pared short-term yields, reflecting bets on another cut at the next meeting in August, yields rose from 2028 onwards, signaling a repricing of long-term risks.The central bank's rate-setting committee, called Copom, lowered rates by 25 basis points at a third straight meeting, to 14.25%, on Wednesday, while keeping a data-dependent stance for its

Oil flows through Hormuz will take time to recover, banks say

India-US trade deal had created uncertainty between two nations, India's foreign secretary says

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Fed's Cook spent $1.2 million on legal services fighting firing by Trump

Federal Reserve Governor Lisa Cook, who is fighting an effort by U.S. President Donald Trump to fire her over mortgage fraud allegations she says are untrue, disclosed on Thursday extensive payments associated with her legal case as well as payments made on her behalf for security work. Cook reported almost $1.2 million in legal services payments as her case has made its way up to the Supreme Court, in a filing made public on Thursday by the U.S. Office of Government Ethics.The filing listed legal services payments on Cook's behalf totaling $696,346 from the State Democracy Defenders Fund a

J.P. Morgan delays BoE rate hike forecast to November amid inflation risks

Apple allows alternative app stores, payments in Brazil after deal with regulator

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US Supreme Court limits ban on gun ownership by marijuana users

The U.S. Supreme Court ruled in favor of a marijuana user on Thursday by limiting the application of a federal law that bars drug users from owning guns, finding that certain prosecutions under the measure intrude on the U.S. Constitution's Second Amendment right to "keep and bear arms."The justices, in a 9-0 ruling, upheld a lower court's decision to dismiss an illegal gun possession charge brought under the law at issue against Ali Hemani, an American-Pakistani dual citizen and resident of Texas who told authorities he was a regular marijuana user.Conservative Justice Neil Gorsuch, who auth

Euphoric Knicks fans flood New York for championship ticker-tape parade

Delirious New York Knicks fans flooded the streets of Lower Manhattan on Thursday for a ticker-tape parade celebrating the newly crowned NBA champions, capping a dream season more than five decades after the team last won a title.The stretch of Broadway known as the "Canyon of Heroes" was a sea of orange and blue, as throngs of people gathered in the pre-dawn hours — with some camping out overnight — to secure a spot behind police barricades for what Mayor Zohran Mamdani said could be the largest parade in the city's history.The Knicks' dominant run through the NBA playoffs electrified th

Hegseth announces review of US forces in Europe and again criticizes NATO allies

Supreme Court limits power of federal government to disarm drug users

Sports|Travel|US

Golf-Play resumes at US Open after fog delays first round

Play resumed at the U.S. Open on Thursday after a thick blanket of fog forced a two-hour delay early in the first round of the major at Shinnecock Hills.A handful of players had gotten through only the second hole after taking off at eye-wateringly early tee times when organisers suspended play at 7:05 a.m. ET at the venerated course in Southampton, New York.The event kicked off as a line of standstill traffic held up ticketholders in the fashionable beach town, with American Scottie Scheffler eyeing history, on the hunt for a career Grand Slam.The 156-player field this week includes 12 forme

Barack Obama confronts the work that remains for Democrats — and for him

Former President Barack Obama on Thursday is getting what he wanted for so long: his words carved into stone, a monument to his presidency entering the Chicago skyline.Walking through his $850 million, multiuse presidential center the past few months, Obama went down the slide in the playground and tried out the chairs, noting which ones needed stoppers to keep from scuffing the floors. He asked for the whole text of an exhibit on sports to be redone, frustrated that the original text didn’t seem written by a true fan.But he also told a gathering of his campaign and administration alumni, th

New York Knicks revel in their NBA victory parade as joyous fans and celebs fill the streets

Tropical Storm Arthur forms near Texas coast, life-threatening flooding expected

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Sunken wreck of WWII ‘hell ship’ used to transport POWs discovered after more than 80 years

A Japanese ship was in a convoy steaming through the South China Sea on September 21, 1944, with around 1,200 British and Dutch prisoners of war crammed in its holds. US warplanes, mistaking the unmarked ship for a military cargo vessel, dropped four torpedoes.One struck the ship. The vessel split in two and sank within minutes, dooming most of the Allied prisoners trapped below deck. Only about 200 of the weakened, sick POWs survived, and the exact location of the wreck was lost to the deep.Now, some 80 years later, researchers have uncovered the servicemen’s final resting place. The team s

Entertainment|Health|Sports|World

The Great Hydration Break Debate takes over the World Cup

Note: This story first appeared in The Beautiful Game by CNN Sports, our daily newsletter on all things World Cup. To subscribe, click here.And just like that, we’re already a week into this summer’s World Cup. We’ve now had seven days of action, 24 group games and 75 goals scored across North America. And the best bit is, we’re only getting started.Yesterday, we saw England deliver a brilliant attacking performance with Harry Kane leading the charge against Croatia, watched as Cristiano Ronaldo failed to deliver for Portugal and Colombia and Ghana grab second-half winners.We’ll have

Ivory Coast's Elye Wahi denied entry to Canada at World Cup amid betting probe

Ukraine hits Moscow refinery in major drone attack on Russian capital

This city had a flooding problem. So it turned to an animal that had been extinct there for 400 years

A few hundred feet from a McDonald’s and a strip mall, sandwiched between busy and polluted roads, a lush urban wetland is being built by an unusual and furry group of city residents: beavers.This corner of Ealing, a borough in West London, used to flood regularly during heavy rainstorms, with water sweeping into local streets and inundating the nearby Greenford tube station, part of the London Underground.To alleviate the problem, local authorities had considered a traditional engineering project, carving out an artificial reservoir using heavy machines and concrete. But then, a group of lo

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Archbishop apologises for Church of England's role in forced adoptions

The Archbishop of Canterbury, Sarah Mullally, apologised on Thursday for the Church of England's role in forcibly separating 185,000 children from unmarried mothers and putting them up for adoption in the decades after World War Two.At that time Christian churches and the British state created a system in which young women with children outside of marriage were shamed and coerced into giving up their babies to comply with what they said were the prevailing social norms.The Church of England's role in the practice was through so-called "mother and baby homes" where unmarried women were sent, o

Average US gas price drops below $4 - barely

Ukrainian drones set a Moscow refinery ablaze in a major attack on the Russian capital

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Ukraine hits Moscow refinery in major drone attack on Russian capital

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Does Trump’s understanding with Iran count as a ‘deal’?

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Americans view Obama far more positively than Trump or Biden, CNN poll finds

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Trump administration to pay $765 million to scrap four more offshore wind leases

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The Fed’s new era begins. Here’s what it means for your money

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Federal Trade Commission sues leading transgender health group

The Federal Trade Commission and four states are suing the World Professional Association for Transgender Health

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Trump says 'nobody' attacked Iran girls' school 'on purpose'

Crime|Political|US

Pastors for Trump founder withdraws from US House race after texting scandal

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Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms

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Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO; shares soar

Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon executive Nadia Carlsten as CEO, cementing the former footwear maker's pivot to an AI infrastructure

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls