Boeing agreed to plead guilty to a fraud charge for misleading the FAA about the 737 Max, leading to two crashes and 346 deaths. The plea deal includes probation, fines, and compliance investment. Victims' families criticize the deal as too lenient and seek harsher penalties, including a trial and charges against Boeing executives.
NORAD intercepted Russian and Chinese bombers near Alaska, marking the first such joint operation requiring a US response. The aircraft, flying in international airspace within Alaska's Air Defence Identification Zone (ADIZ), included two Russian TU-95 Bear bombers and two Chinese H-6 bombers. US and Canadian fighter jets ensured they did not enter sovereign airspace. The presence of Chinese bombers in the ADIZ is a significant development, reflecting China's expanding Arctic interests, often under... Читать дальше...
Donald Trump, in his rally, criticized Kamala Harris, labeling her a "radical left lunatic" and focusing on her stance on abortion. He accused her of being the driving force behind Biden's failures. This comes in the wake of Biden's decision not to run, positioning Harris as the new Democratic candidate.
The Indian Army will participate in the 21st edition of the multinational joint military exercise Khaan Quest 2024 in Mongolia from July 27 to August 9. This exercise aims to enhance the interoperability of the participating nations during peacekeeping missions. Earlier this month, the 16th edition of the India-Mongolia Joint Military Exercise, Nomadic Elephant 2024, concluded, strengthening bilateral ties and mutual respect. The closing ceremony in Umroi featured a display of advanced weaponry, underscoring the commitment to regional security.
Rupert Murdoch, in a legal dispute with three of his children over the family's media empire, sought to ensure his son Lachlan would lead the company. Murdoch argued this was necessary to maintain its conservative stance and commercial value. A trial is set for September to determine if his actions were in good faith.
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on June 24.
Stocks that were in focus include names like Dr Reddy's, which fell 0.79%, Suzlon Energy, which rose 5%, and United Spirits, whose shares declined 4.76% on Wednesday.