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Third-quarter US earnings now seen growing 4.3% year-on-year -LSEG data

US third-quarter earnings estimates for S&P 500 companies are more positive than previously expected, with a projected increase of 4.3% compared to the same period last year, according to LSEG data. This estimate has increased from the previous forecast of a 2.6% gain. The results are based on reports from half of the S&P 500 companies and estimates for the rest. Despite concerns over rising US Treasury yields, investors are closely watching third-quarter earnings following a decline in the second quarter. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/FKP9u8e

Spanish clergy sexually abused over 2,00,000 children, probe estimates

An independent commission in Spain has estimated that over 200,000 minors have been sexually abused by the Roman Catholic clergy since 1940. The report, which surveyed over 8,000 people, found that 0.6% of Spain's adult population said they had suffered sexual abuse by members of the clergy as children. Including abuse by lay members, the percentage rises to 1.13%. The commission also interviewed 487 victims who highlighted the lasting emotional impact of the abuse. The report criticizes the Catholic Church's response, calling for the creation of a state fund to compensate victims. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/Rzhms3v

The Beatles to release final track with AI help

The Beatles are set to release a 'new' record, titled "Now and Then," on November 2. The song was originally written and sung by John Lennon and has been completed with the assistance of artificial intelligence. The track, often referred to as the last Beatles song, offers a unique opportunity to hear the band working together again, long after their split in 1970. The use of AI in music remains a subject of industry-wide debate. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/qzgeAE6

Prominent Afghanistan education activist released by Taliban

Taliban authorities have released education activist Matiullah Wesa, who was detained for seven months. Wesa had been an advocate for girls' education in conservative rural areas of Afghanistan. His release came after condemnation from the UN and rights groups. The Taliban administration has restricted access to education for girls and women since taking control of the country in 2021. Wesa's organization, Pen Path, confirmed his release, and actress Angelina Jolie had previously called for his release in an open letter. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/SLimwyD

Arizona closely monitoring use of self-driving vehicles

The Arizona Department of Transportation (ADOT) is closely monitoring the testing and use of self-driving vehicles in the state, following California's decision to ban General Motors' Cruise from using its vehicles in autonomous mode. ADOT stated that it will make adjustments to a company's ability to test and operate self-driving vehicles in Arizona if necessary to safeguard public safety. California's Department of Motor Vehicles (DMV) suspended Cruise's autonomous vehicle deployment and driverless testing permit. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/G52FrWI

Record 114 million people now displaced worldwide: UN

The number of people displaced from their homes worldwide is estimated to have exceeded 114 million, the United Nations said Wednesday- a record figure. The main drivers in the first half of 2023 were the conflicts in Ukraine, Sudan, Myanmar and the Democratic Republic of Congo; a prolonged humanitarian crisis in Afghanistan; and a combination of drought, floods and insecurity in Somalia, UNHCR, the UN refugee agency, said. "The number of people displaced by war, persecution, violence and human rights violations globally is likely to have exceeded 114 million at the end of September," it said. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/bl97r2o

Gaza ceasefire 'only benefits Hamas': White House

A ceasefire in Gaza would only help Hamas, the White House said Tuesday, as Israel wages an air campaign against the militant group that carried out an unprecedented attack on the country earlier this month. Thousands of people have been killed on both sides since Hamas militants stormed across the border on October 7, executing civilians and seizing hostages, with Israel retaliating with relentless bombardment of the Gaza Strip. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/4KWpA7b