Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on December 10 that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision.The signing ceremony in Mexico City launched what may be the final approval effort for US President Donald Trump's three-year quest to revamp the 1994 North American Free Trade Agreement (NAFTA), a deal he has blamed for the loss of millions of US manufacturing jobs.The event at the National Palace was attended by Mexico President Andres Manuel Lopez Obrador, Canadian Deputy Prime Minister Chrystia Freeland, US Trade Representative Robert Lighthizer, and US White House adviser Jared Kushner.Close The result of a rare show of bipartisan and cross-border cooperation in the Trump era of global trade conflicts, the deal was inked the same day as he became the fourth US president in history to face formal impeachment. related news … [Read more...] about US, Canada and Mexico sign new agreement to replace NAFTA
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Ammu Joseph “Does he have to rape me for you to act?” asked the headline of a first-person account on the front page of Deccan Herald on December 5, exactly a week from the day the burnt body of a 26-year-old veterinary doctor was discovered on the outskirts of Hyderabad.The young, Bengaluru-based journalist described a frightening experience with a stalker on her way home from work, both office and residence located in the city’s reasonably well-lit and busy Central Business District. Although it was just past 9 PM and lots of people were around, she wrote, they “saw everything but chose to remain quiet”, even when she finally shouted at the man who had been harassing her ever since she had left the Metro station.Close On December 6, we woke up to the shocking news of the extrajudicial killing of all four men detained as prime suspects in the gang-rape and murder of the veterinarian. Equally, if not more, appalling was the enthusiastic approval and … [Read more...] about Society | Is outrage about sexual assault the flip side of indifference?
GAIL India and Godrej Consumer Products share prices added 2-3 percent in the morning trade on December 11 after research house Morgan Stanley maintained an overweight rating on the stocks with an upside of 26-67 percent.Morgan Stanley has kept overweight the rating on Godrej Consumer, with a target at Rs 845 per share, an upside of 26 percent.The research house believes that the price will rise relative to the index.Close The company may report acceleration in domestic volume growth and may see an expansion in initial business operating margin, it added. related news JSPL share price gains 2% after commissioning of coke battery at Angul plant Dish TV share price jumps 3% on reports of DTH merger with Airtel Morgan Stanley also has overweight rating on Gail India with a target at Rs 188 per share, with an upside of 67 percent.The research house has said the company could be liable for a higher tax on revenues from its fibre operations.The company has a small business under … [Read more...] about Morgan Stanley overweight on these 2 stocks with double-digit returns
Casual dining chain Barbeque Nation has hired two additional merchant bankers, SBI Capital and Ambit Capital, and is preparing a fresh draft red herring prospectus to be filed with market regulator SEBI this month or early next month, sources told Moneycontrol. The Dhanani family-promoted Barbeque Nation, backed by private equity firm CX Partners, has been trying to go public since mid-2017. However, regulatory hurdles and unfavourable market conditions have delayed the planned Dalal Street debut.“SBI Capital and Ambit Capital have recently been appointed for the IPO and join IIFL & Axis Capital which had been taken on board earlier this year when the listing plans of the firm were revived. The target is to hit the markets before March 2020, but that may be challenging due to the tight timeline,” a source told Moneycontrol.The Dhanani family hold 45.7 percent in Barbeque Nation through a subsidiary of their listed flagship Sayaji Hotels. CX Partners owns 21.72 percent … [Read more...] about Barbeque Nation to file DRHP soon; SBI Cap, Ambit Cap roped in as advisers
advertisement advertisement Adam Kalkin isn’t the only architect to make homes out of shipping containers. A handful of architects, including Jennifer Siegal and Lot-Ek, began using them ten years ago as a gritty reaction against the tidy white surfaces of modernism. But nobody has employed shipping containers more inventively than Kalkin, a New Jersey architect and artist who has used them to design luxurious homes, museum additions, and refugee housing. In architectural circles, Kalkin is regarded as something of an oddball. He began his talk at the Urban Center in New York Tuesday night by playing the first five minutes of a Jerry Lewis movie, followed by the actor’s acceptance speech at the Academy Awards last month. His website includes lessons on hitting a tennis forehand and a selection of songs to sing after taking antidepressants. Years ago Kalkin shaved while delivering a lecture at the Whitney Museum. His talk this week was tied to the publication of Quik … [Read more...] about Would You Live in a Shipping Container?