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A <keyword id="5953520" type="UNKNOWN" weightage="20" keywordseo="herd">herd</keyword> of 14 migrating wild Asian elephants in <keyword id="1334" type="LOCATION" weightage="20" keywordseo="China">China</keyword> has travelled further south in <keyword id="11504094" type="LOCATION" weightage="20" keywordseo="eshan-county">Eshan county</keyword>, <keyword id="67961" type="LOCATION" weightage="20" keywordseo="Yunnan-province">Yunnan province</keyword>, authorities said. The herd headed 15 km south between 6 p.m. on Tuesday and the same time on Wednesday, reports <keyword id="106387" type="COMPANY" weightage="20" keywordseo="Xinhua-news-agency">Xinhua news agency</keyword>. The rainy weather in <keyword id="472971" type="COMPANY" weightage="20" keywordseo="Eshan">Eshan</keyword> has added to the difficulty of monitoring and tracking the herd, according to the headquarters in charge of monitoring the elephants' migration. A male elephant, which strayed 18 days ago, is now 32.5 km away in Jinning district in Kunming, the provincial capital. On Wednesday, a total of 132 people were mobilised for the work, 957 local residents were evacuated, and 400 kg of food was provided to the elephants. The tuskers have travelled about 500 km north from their forest home in <keyword id="241152" type="LOCATION" weightage="20" keywordseo="Yunnan">Yunnan</keyword>'s Xishuangbanna Dai Autonomous Prefecture, reaching Kunming on June 2. For over a month, authorities have sent police to escort the herd, evacuated roads to facilitate their passage, and used food to distract them from entering densely populated areas. Asian elephants are primarily found in Yunnan and are under A-level state protection in China. Due to enhanced protection efforts, the wild elephant population in the province grew to about 300, up from 193 in the 1980s. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/elon-musks-tesla-may-have-lost-90-million-in-the-recent-crypto-crash/articleshow/83773974.cms">Bitcoin's dip to below $30,000 has Tesla sitting on a loss of $90 million even if the price recovers</a> <a href="https://www.businessinsider.in/india/faqs/delta-plus-variant-of-covid-19-all-you-need-to-know-about-this-variant/articleshow/83770735.cms">Delta Plus: All you need to know to need to know about the new Coronavirus variant</a>

China's migrating elephant herd travels further south in Eshan county, say authorities

The <keyword id="19895344" type="General" weightage="20" keywordseo="Enforcement-Directorate" source="keywords">Enforcement Directorate</keyword> has filed a <keyword id="19899231" type="General" weightage="20" keywordseo="money-laundering" source="keywords">money laundering</keyword> case to probe alleged <keyword id="20054376" type="General" weightage="20" keywordseo="financial-irregularities" source="keywords">financial irregularities</keyword> at the RG Kar Medical College and Hospital during the tenure of its former principal <keyword id="19959870" type="General" weightage="20" keywordseo="Sandip-Ghosh" source="keywords">Sandip Ghosh</keyword> and some others, official sources said Tuesday. The federal agency has taken cognisance of a <keyword id="20243579" type="General" weightage="20" keywordseo="CBI-FIR" source="keywords">CBI FIR</keyword> to file its Enforcement Case Information Report (ECIR), equivalent to an FIR, under various sections of the Prevention of Money Laundering Act (PMLA). The agency, according to the sources, has gathered banking and medical procurement documents related to this hospital and medical college from "various sources" and it may soon issue summons to the accused for questioning and recording of their statements, the sources said. The accused in the ED case are the same who have been named in the CBI complaint, they said. In its FIR registered on the directions of the <keyword id="19895346" type="General" weightage="20" keywordseo="Calcutta-High-Court" source="keywords" meta.keywordsubtype="org" meta.entityname="Calcutta High Court" meta.hostid="261" meta.entityid="Calcutta High Court">Calcutta High Court</keyword>, the CBI has booked Ghosh and three Kolkata-based private entities -- Ma Tara Traders of Madhya Jhorehat, Banipur, Howrah; Eshan Cafe of 4/1, Belgachia and Khama Louha. The <keyword id="19900833" type="General" weightage="20" keywordseo="Central-Bureau-of-Investigation" source="keywords">Central Bureau of Investigation</keyword> (CBI) has pressed various sections under the Indian Penal Code, including 120 B (criminal conspiracy), 420 (cheating) and section 7 (offence relating to public servant being bribed) of the Prevention of Corruption Act. The CBI on Sunday raided the premises of Ghosh, ex-medical superintendent Sanjay Vashisth and 13 others in and around Kolkata in connection with this probe into alleged financial irregularities at the medical institute that is under scanner following alleged rape and murder of a postgraduate trainee woman doctor on August 9. A CBI official had told reporters during the Sunday searches that "bahut kuch hai (There is a lot)." SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/apple-iphone-16-to-be-launched-on-september-9-heres-everything-we-know-so-far/articleshow/112828818.cms">Apple iPhone 16 to be launched on September 9 – here’s everything we know so far</a> <a href="https://www.businessinsider.in/stock-market/news/a-company-with-8-employees-looking-to-raise-12-crore-ended-up-getting-applications-worth-over-4700-crore/articleshow/112824522.cms">Delhi firm with just 8 employees seeks ₹12 crore via IPO, gets ₹4,700 crore worth of investor applications!</a> <a href="https://www.businessinsider.in/tech/news/telegram-comes-under-the-scanner-in-india-for-extortion-and-gambling-will-it-be-banned-in-india/articleshow/112807370.cms">Telegram comes under the scanner in India for extortion and gambling – will it be banned in India?</a>

ED files money laundering case to probe 'financial irregularities in R G Kar Hospital

<ul><li>Apart from startup founder, the Forbes India's list has a generous dash of youngsters from social media, television and the world of sports. </li><li>BB Ki Vines’ <keyword id="2517934" type="PERSON" weightage="20" keywordseo="Bhuvan-Bam">Bhuvan Bam</keyword> and Technical Guruji Gaurav Chaudhary also made their debut under the digital content creators category. </li><li>Five women across industries made it to the list against 26 men. </li></ul>Startup founders dominated the list of Forbes’ 30 under 30 which recognizes the best of India’s vast young population. The 29-year old Varun Khona, the co-founder of Headout, Aravind Sanka, Pavan Gutunpalli, SR Rishikesh, the cofounders of bike rental platform Rapido - were some of the prominent names in the list. But the list also has a generous dash of youngsters from social media, television and the world of sports. The youngest person to feature is 17 year old Saurabh Chaudhary, an Indian shooter who won two gold medals at the Asian Games and headed to 2020 Tokyo Olympics. Deepak Punia, 21, the first Indian to win a Junior World Championship also made it to the list. Young Indians who work for startups like the 29 year old Vikash Bakrewala, the youngest sales leader at B9 Beverages, the makers of Bira and Boom beers; were also showcased. All the three founders of Triton Foodworks which is making breakthroughs in organic farming were recognized too. <keyword id="8722570" type="PERSON" weightage="20" keywordseo="deepak-kukreja">Deepak Kukreja</keyword>, Ullas Samrat and Dhruv Khanna of Triton Foodworks are growing plants without using soil, thereby surpassing the limitations of land, fertility, and even water. The method uses 60-80% less water,” <a href="http://www.forbesindia.com/article/30-under-30-2020/forbes-india-30-under-30-india039s-young-guns-more-inspiring-than-ever/57513/1">Forbes. </a> A 27-year-old Gourish Singla of a healthcare startup like Shivom that uses blockchain technology to customize medication - was also a part of the list. “Our Forbes India 30 Under 30 members are showing the way forward on another road and to another group—to traditional and legacy businesses and professionals, across different categories like technology, health care, finance, science, media, design, fashion, sports, entertainment, and so on—with their innovations, fresh business models and a set of fresh eyes,” wrote Forbes.<a href="http://www.forbesindia.com/article/30-under-30-2020/forbes-india-30-under-30-india039s-young-guns-more-inspiring-than-ever/57513/1"> </a> BB Ki Vines’ Bhuvan Bam and Technical Guruji Gaurav Chaudhary also made their debut under the digital content creators category. Five women across industries made it to the list against 26 men. Here is the complete list of all the 30 under 30 stars: Krishnakant Mishra Brand Content Lead, Ogilvy Age: 28 The authJandia, is a 28-year-old artist who developed a practice that deals with history and historical images that chronicle events of conflict and violence. The painter then tells the story of the events that shape society's perception of them.or of the non- fiction book ‘The Exclamator’, Krishnakant Mishra is no stranger to young achievers lists. He was nominated for Impact Magazine &amp; Social Samosa’s ‘Top 30 advertisers in India under 30 in 2019. Vikash Bakrewala Division Director, Sales &amp; Marketing (South India), B9 Beverages Age: 29 Bakrewala is the youngest sales leader at the beer company B9 Beverages. He helped Bira and Boom expand to five geographical clusters within a year. Ullas Samrat Dhruv Khanna Co-Founder, Triton Foodworks Age: 29 Ullas and Dhruv, the young childhood friends who <a href="http://www.forbesindia.com/article/sustainability-special/water-of-plenty-meet-the-trio-practising-soilless-farming-in-delhi/50313/1">drifted apart </a>when Khanna’s family moved out to Singapore, came together again. And when they did, they started a self-funded startup to aid internet-enabled smart farms that use technologies like hydroponics. Sai Gole, Siddhart Dialani Co-Founders, Bharat Agri Age: 26 Siddharth Dialani and Sai Gole are the co-founders of Bharat Agri. Its algorithm helps farmers with the right time to cultivate grow in manner that maximises production and boosts income. Sanket Jadia Artist Age: 28 Jandia, is a 28-year-old artist who developed a practice that deals with history and historical images that chronicle events of conflict and violence. The painter then tells the story of the events that shape society's perception of them. Aravind Sanka, Pavan Guntupalli, SR Rishikesh 
 
 

 Co-Founder, Rapido Age: 28, 28, 27 Sanka, Guntupalli and Rishikesh are the co-founders of India's largest bike taxi booking application. The services which started in 2015 are now available in 100 cities across the country. Rishab Karwan, Nitin Rana 
 
 




 Co-Founders, GoMechanic Age: 26, 29 Karwan and Rana are the co-founders of the Delhi based startup Go Mechanic. The startup helps streamline the disorganised automobile service centres in India. Akanksha Deo Sharma 
 
 




 Designer, Ikea Age: 28 IKEA opened its first store in Hyderabad in 2018 since then Akasha is the only Indian designer at the Sweedish major. He uses Indian textile history, handicrafts and construction techniques to make minimalistic and playful products. Bhuvan Bam 
 
 




 Youtuber Age: 25 Bhuvan Bam, the famous youtuber in India is just 25, and was recently invited to the World Economic Forum in Davos to rub shoulders with CEO’s. Bam is also the first Indian to hit two million subscribers on Youtube. Gaurav Chaudhary 
 
 




 Youtuber Age: 28 Chaudhary who is popularly known as Technical Guruji on Youtube. In his channel, he breaks down all things tech for common people and explains how tech works. His channel has 15 million subscribers. Varun Khona 
 
 




 Co-Founder and CEO, Handout Age: 29 Varun Khona is the CEO and cofounder of Handout. It is an AI-powered platform to design curated tourist experiences for last-minute travellers, launched globally. Ajai Thandi, Ashwajeet Singh, <keyword id="8722571" type="PERSON" weightage="20" keywordseo="arman-sood">Arman Sood</keyword> 
 
 




 Co-Founder, Sleepy Owl Coffee Ages: 29,28,28 The Sleepy Owl Coffee launched from a two-bedroom apartment in Delhi by the co-founders Thandi, Singh and Sood. Now, the coffee brand is sold across 1,000 retail outlets in New Delhi and Mumbai with 60,000 customers. Akshay Chaturvedi 
 
 




 CEO, Leverage Edu Age: 29 Chaturvedi is the CEO of Leverage Edu, the platform focuses on career counselling and university admission. It caters to about 10,000 students and is on course to clock ₹10 crore in revenue for the current financial year. Sai Pallavi 
 
 




 Actor Age: 27 The girl who did her first film to miss math class in Grade 6 made it to Forbes list, and is the only actor in the list. Today, she is known for remarkable characters in Tamil, Malayalam and Telugu films -is also known for her dancing skills. Palak Shah CEO, Ekaya Age: 28 Shah is the CEO of Ekaya the brand focused on propagating the versatility and global appeal of Indian heritage weaves. The brand supports more than 8,000 weavers in India. Akshat Bansal Founder, Bioni Age: 29 Akshat Bansal brings sustainability and fashion together. In one of the Lakme Fashion Week 2018 collections, he used econyl fabric that was carved out of plastic waste. Ajeesh Achuthan Co-Founder and CTO, Open Age: 27 Ajeesh Achuthan co founded Open Financial Technologies — one of the world’s fastest growing neo-banking platforms. It provides financial services to MSMEs. Nikhil Kumar Co-Founder, Setu Age: 29 Nikhil Kumar led the team that built the BHIM app, that is owned by the government. The app was developed by the government to push India towards a cashless economy. Abhay Rangan CEO, Goodmylk Age: 22 Abhay Rangan, who started out as an active animal rights activist, is the CEO of Goodmylk. The startup provides plant based affordable milk in India. Krishna Gupta Founder, 1441 Pizzeria Age: 27 Krishna Gupta owns 1441 Pizzeria which serves fresh pizza made from woodfire ovens. The company which has five outlets now has ambitions to expand to 100. Priya Prakash Founder And CEO, HealthSetGo Age: 28 Prakash, who is a graduate from Lady Shri Ram College for Women, founded HealthSetGo to encourage healthy food habits amongst people. Gourish Singla Founder, Shivom Age: 26 Gourish Singla manages a blockchain startup named Shivom that provides genetic information to doctors. His startup was named in the top 50 innovative companies around the world at Smart Health Conference in Dubai in 2018. Jubin Varghese, Ameya Gadiwan Co-Founders, Gegadyne Energy Age: 24,25 Jubin Varghese, Ameya Gadiwan founded Gegadyne Energy in 2015 with an aim to provide a better alternative to lithium-ion batteries. It also won an award as the Startup of the year in 2019. Eshan Sadasivan CEO, PROSOC Innovators Age: 29 Eshan is an IIT Kanpur alumni who designed a foldable table that would help students in rural India. It aims to change the infrastructure deficit in India’s rural schools where students squat on the floor. <keyword id="178450" type="PERSON" weightage="20" keywordseo="Abhishek-Gupta">Abhishek Gupta</keyword>, Rishabh Verma CEO And COO, NavGurukul Age: 27, 24 Abhishek Gupta and Rishabh Verma are the CEO and COO of a NavGurukul which facilitates a one year residential programme to teach coding skills to low-income millennials. <keyword id="6287871" type="PERSON" weightage="20" keywordseo="suthirth-vaidya">Suthirth Vaidya</keyword>, Abhijith Chunduru, Adarsh Raj CEO, CTO, Chief Architect And Co-Founders, Predible Health Age: 27, 26, 27 Suthirth Vaidya, Abhijith Chunduru, Adarsh Raj together run Predible Health, a startup that uses AI to help doctors identify diseases. Saurabh Chaudhary Sportsman Age: 17 Chaudhary is the youngest person to feature on the list. The teen shooter who won a gold medal at the Asian games. Deepak Punia Wrestler Age: 21 Punia is an Indian wrestler who won a silver medal at the World Wrestling Championship. He is now looking forward to participating in the upcoming 2020 Summer Olympics. Akhil Aryan Co-Founder, ION Energy Age: 28 Akhil Aryan built Haptik — the world’s largest conversational AI platform. He is the co-founder of ION Energy, a battery management and intelligence platform that provides batteries. Amiya Adwitiya, Sisir Koppaka CEO and CTO, Squadcast Age: 29, 29 Amiya Adwitiya and Sisir Koppaka work with Squadcast as CEO and CTO respectively. Squadcast is a SaaS company that fixes the IT problems of their clients. See also: <a href="https://www.businessinsider.in/india/news/youtuber-bhuvan-bam-of-bb-ki-vines-makes-to-forbes-30-under-30-list/articleshow/73952923.cms">YouTuber Bhuvan Bam of BB Ki Vines makes to Forbes’ 30 under 30 list</a>

Social media influencers, start-up founders and sportsmen dominate Forbes India's 30 under 30 list

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Reuters/Heino Kalis</div></div></div>Europe is in a bad place when it comes to political uncertainty.From Brexit to the Italian senate referendum later this year, policy uncertainty is dominating in almost every major economy on the continent. In Britain, no one really knows <a href="http://uk.businessinsider.com/yougov-hard-brexit-has-widespread-support-2016-10">whether we're heading for a hard or a soft Brexit - or even really what those things mean. </a>In France and<a href="http://uk.businessinsider.com/german-politics-brexit-negotiations-2016-9"> Germany, general elections loom in the coming year, with populist parties set to gain </a>and the status quo likely to be disrupted. And in Italy, <a href="http://uk.businessinsider.com/morgan-stanley-chart-on-italy-referendum-2016-9">the upcoming constitutional referendum has the potential to make or break Prime Minister Matteo Renzi's government. </a>All of this uncertainty is not only worrying for the average man on the street, but it's also causing investors to pull money out of the continent for longer and more quickly than during the financial crisis, according to strategists from HSBC.In an "Equity Insights" note circulated to clients this week, HSBC's Amit Shrivastava, Robert Parkes, and Eshan Raka note that investors have been taking cash out of European equity funds for 31 consecutive weeks, an unmatched streak in the fund market.This is down to two key political flashpoints - Britain's move to leave the European Union, and Italy's constitutional referendum.Here's the crucial paragraph from HSBC's research:"Heightened uncertainty in Europe is driving funds out from the region. Whilst the Brexit induced uncertainty still looms over the region, the announcement of the date for the Italian constitutional referendum (4 December) has the potential to further aggravate the situation. There has been a net outflow of funds from Europe for 31 consecutive weeks. This is the longest streak of outflow ever recorded. Also, at USD77bn, the size of the outflow is also the highest on record."Shrivastava et al continue, saying (emphasis ours):Sustained fund redemptions from Europe highlight the concern over the high level of uncertainty associated with the region. With Brexit induced uncertainty still not abating, Italian constitutional referendum is next in line with a potential to shock the equity market and trigger renewed volatility.And here's the bank's chart showing the sheer scale of the money being pulled out of Europe - note that outflows are steeper than during the financial crisis:<div class="KonaFilter image-container display-table"><div><div class="image on-image">HSBC</div></div></div>Fund outflows reflect the broader sentiment within Europe. No one has much clue what the political landscape across the continent is going to look like in the next couple of years. Who will be in power? How much support will populist parties get? What will Brexit look like?All of these questions weigh heavily on the economy. <a href="http://uk.businessinsider.com/eurozone-composite-pmis-for-september-2016-10">This is reflected by IHS Markit's latest PMI data released on Wednesday morning,</a> which showed that businesses are deferring investment because of uncertainty."The slowing rate of growth across the region in part reflects growing caution among businesses in terms of their spending due to worries about the economic outlook, linked in many cases to political uncertainty. We see this trend persisting into next year, as the impact of Brexit is exacerbated by uncertainty surrounding elections in France and Germany alongside ongoing political unrest in Italy and Spain," Markit's Chris Williamson said in a statement alongside the numbers (emphasis ours). <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/mrs-doubtfire-house-market-over-four-million-dollars-san-francisco-2016-9">The 'Mrs. Doubtfire' house is on sale for $4.45 million - here's what it looks like 23 years later</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="1iMHU1NjE6e0PbyF1bQrwA459-C-jWWP" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

European funds are haemorrhaging money more quickly than during the financial crisis

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>An <a href="http://www.businessinsider.com/world-powers-have-reached-a-landmark-nuclear-deal-with-iran-2015-7">Iran nuclear deal</a> could mean bad news for the Russian oil business.The most obvious source of pain is that the introduction of Iranian oil on the market after sanctions are lifted <a href="http://www.bloomberg.com/news/articles/2015-04-07/iran-deal-may-cut-eia-oil-price-forecast-by-as-much-as-15">could push oil prices down</a> again.But that's not the only sore spot. In the last few years, Russia encroached on Iran's primary markets, <a href="http://www.bloomberg.com/news/articles/2015-05-06/iran-targets-75-oil-amid-plans-for-post-sanctions-output-boost">Asia and Europe</a>, and that trend could reverse following the deal."Iran is going to be competing in Europe head-on with Russia," Ed Morse, head of commodities research at Citigroup Inc. previously <a href="http://www.bloomberg.com/news/articles/2015-07-05/russia-seen-as-biggest-oil-market-loser-when-iran-comes-back">told Bloomberg</a>.Before the Western sanctions, Iran's crude exports "<a href="http://news.yahoo.com/european-refiners-ready-welcome-return-iranian-crude-135941635--finance.html">were a regular fixture for European refineries.</a>" But since 2012, Iran has been banned from selling oil to Europe, and additional US sanctions made it harder to buy Iranian oil with US dollars. So, "Russia, whose benchmark export grade is similar to Iran's flagship blend, has been the main beneficiary of that decline," <a href="http://www.bloomberg.com/news/articles/2015-07-05/russia-seen-as-biggest-oil-market-loser-when-iran-comes-back">Bloomberg reported recently</a>. "Exports into Iran's main markets in Asia and Europe have more than doubled, growing by 420,000 barrels a day from 2011 to 2014."<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Citi's Edward L. Morse included a chart (to the right) in a June 30, 2015 report to clients, showing Iranian crude exports by destination, where the loss of the European market is clear. However, things could be change up now: many Mediterranean refiners are ready and excited for the return of Iranian oil."Iran has been a long standing valued partner ... We are looking forward to Iran coming back to the market," a spokesman for Greece's biggest refiner Hellenic Petroleum <a href="http://news.yahoo.com/european-refiners-ready-welcome-return-iranian-crude-135941635--finance.html">told Reuters</a>."The volumes of crude oil that will re-enter the Mediterranean market will ease prices and give more options for refiners in the region," he added.He stated, however, that they will not buy any crude before sanctions are officially lifted.Additionally, a spokeswoman for Spain's Compania Espanola de Petroleos (CEPSA) reportedly said that "Iranian crude has largely been part of our supply and we maintained a long commercial relationship with them.""If sanctions are lifted, as it seems, Iranian crudes will definitively be again another alternative to consider," <a href="http://news.yahoo.com/european-refiners-ready-welcome-return-iranian-crude-135941635--finance.html">she added in a statement to Reuters</a>.Analysts expect the deal could see Iran increase its oil exports by up to 60 percent within a year, <a href="http://news.yahoo.com/european-refiners-ready-welcome-return-iranian-crude-135941635--finance.html">according to Reuters</a>."It would mean cheaper crude for Mediterranean refineries, especially smaller countries that have been impacted by economic problems - like Greece," Eshan Ul-Haq said, a senior market consultant with KBC told Reuters. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/real-correlations-that-dont-make-sense-maps-2015-6">6 compelling correlations that make absolutely no sense</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="E2c3ZvcToQEyEhYV2OhejNw5TK4KpH5o" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Iran will be 'competing in Europe head-on with Russia'

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Reuters/Shailesh AndradeA man hangs shirts out to dry in an open-air laundry in Mumbai, India August 30, 2016.</div></div></div>Good morning! Here's what you need to know on Wednesday.<a href="http://uk.businessinsider.com/andy-haldane-said-owning-property-is-a-better-retirement-bet-than-a-pension-2016-8" target="_blank"></a><a href="http://uk.businessinsider.com/saudi-arabia-gdp-forecasts-and-foreign-reserves-2016-8" target="_blank">A bunch of warning signs have bubbled up in Saudi Arabia's economy over the past few months.</a> The Saudi economy grew at its slowest rate since 2013, the non-oil sector shrank by 0.7% and output in the construction sector shrank by 1.9% year-over-year in July.<a href="http://uk.businessinsider.com/r-exclusive-swift-discloses-more-cyber-thefts-pressures-banks-on-security-2016-8?r=US&amp;IR=T" target="_blank">SWIFT, the global financial messaging system, disclosed new hacking attacks on its member banks.</a> It is now pressuring them to comply with security procedures instituted after February's high-profile $81 million heist at Bangladesh Bank.<a href="http://uk.businessinsider.com/apple-has-been-fined-by-the-eu-2016-8">The European Commission has ordered Ireland to claw back up to €13 billion (£11.1 billion; $14.5 billion) in back taxes from Apple. </a>The European Union has never ordered a company to pay this much before, with Tuesday's decision smashing the €1.4 billion (£1.2 billion; $1.6 billion) levied against the French energy giant EDF in 2015.<a href="http://uk.businessinsider.com/japanese-industrial-output-falls-flat-in-july-2016-8">Japanese industrial output falls flat in July, adding to a long list of data disappointments. </a>According to the Ministry of Economy, Trade and Industry, output levels came in flat in July in seasonally adjusted terms, failing to capitalise on the strong 2.3% gain in June. It was well below market forecasts for a gain of 0.8%.<a href="http://www.businessinsider.com.au/hsbc-investors-are-fleeing-european-stocks-2016-8">Investors are fleeing European stocks at a pace not seen since the global financial crisis, says HSBC.</a> In a report released on Wednesday, the bank's global equity strategy team, Amit Shrivastava, Robert Parkes and Eshan Raka, note that "prevailing uncertainty in Europe continues to drive investors away from the region… with outflows now running into their 26th week, now the joint longest streak of redemptions from European equities."<a href="http://uk.businessinsider.com/weve-just-received-a-warning-about-the-great-hope-for-chinas-economy-2016-8">We've just received a warning about the great hope for China's economy.</a> Chinese consumer confidence fell to the lowest level in August since February, a somewhat ominous signal given the dramas the Chinese economy was going through at the beginning of the year. The latest Westpac-MNI China consumer sentiment index fell 2.2% to 111.5.<a href="http://uk.businessinsider.com/afp-macron-says-quitting-government-to-transform-france-2016-8?r=US&amp;IR=T">French economy minister Emmanuel Macron has resigned ahead of a rumoured bid for the country's presidency.</a> Macron said on Tuesday he had quit as economy minister to focus on drawing up a "diagnosis" of the country's problems, but stopped short of declaring a bid for the presidency in 2017. "I am determined to do everything so that our values, our ideas, our actions can transform France as soon as next year," the 38-year-old said in a speech to ministry staff.<a href="http://uk.businessinsider.com/r-oil-prices-dip-on-stronger-dollar-rise-in-us-crude-stocks-data-2016-8?r=US&amp;IR=T">Oil is slipping. </a>Crude oil futures fell in early trade on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories. International Brent crude oil futures are trading at $48.65 per barrel as of 6:50 a.m. BST (1:50 a.m. ET), down 0.16%, from their previous close.<a href="http://uk.businessinsider.com/chicago-stock-exchange-responding-to-high-speed-traders-2016-8">America's stock market is slowing down.</a> There's a new trend in trading: going slow. The Chicago Stock Exchange this week outlined plans to adopt what it calls a <a href="http://www.chx.com/_posts/rule-filings/ProposedFilings/CHX-2016-16.pdf">Liquidity Taking Access Delay</a> (LATD), a 350-microsecond delay for those who trade against resting orders on the exchange.<a href="http://uk.businessinsider.com/sheikh-mohammed-bin-rashid-al-maktoum-orders-shake-up-of-city-management-2016-8" target="_blank">Dubai's ruler sacked 9 senior officials because they weren't at work at 7:30 in the morning.</a> Al-Maktoum made an unannounced trip to a government office in Dubai, the city known for its huge skyscrapers and crazy wealth, this past Sunday and seems to have been disappointed by the lack of workers present. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/warren-buffett-sister-giving-away-millions-2016-8">Warren Buffett's sister needs your help giving away millions</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="gwcjJjNTE6-mzciQmSHk6Bvdz1giNo4S" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

You Searched For "Eshan" and got 6 results

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