Global stocks sank Wednesday after President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim agreement. Market benchmarks in London, Frankfurt, Shanghai and Tokyo declined.Trump said Tuesday that an agreement on the "Phase 1" deal announced last month "could happen soon." But he warned he was ready to raise tariffs "very substantially" if that fails.The two sides disagree publicly about whether Washington agreed to roll back some punitive tariffs imposed in the fight over Beijing's trade surplus and technology ambitions. The Chinese government said last week that was settled, but Trump denied that.Close Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & … [Read more...] about Global stocks sink after Trump threatens more China tariffs
How much send a letter to china
UK Foreign Secretary Boris Johnson resigned on Monday night, sending alarm bells ringing across the government. Johnson was the public face during the 2016 Brexit campaign, urging citizens to quit European Union.Johnson was the third high-level resignation in 24 hours.Here’s an explainer on Johnson’s resignation and what it means for the UK government and Brexit:Close Why did Johnson resign? related news Disqualified Karnataka MLAs welcome Supreme Court nod for contesting bypolls Supreme Court to deliver verdict on pleas seeking Rafale judgment review tomorrow Maharashtra government formation: Ahmed Patel, Uddhav Thackeray discuss common minimum programme The immediate reason that Johnson cited for his resignation was UK Prime Minister Theresa May and her Brexit strategy. In a letter, Johnson wrote that May was leading the UK into a “semi-Brexit” and that the Brexit dream was “dying, suffocated by needless self-doubt".Johnson’s reaction … [Read more...] about UK foreign secretary Boris Johnson’s resignation: What has happened so far and what happens next?
The Shiv Sena did not mention its petition in the Supreme Court of India (SC), on November 13, challenging the Governor's decision of not granting it three days’ time for getting letter of support for government formation in Maharashtra.Sunil Fernandes, the lawyer representing Shiv Sena in the apex court told news agency PTI that the party had preferred not to mention the petition.Fernandes, who had filed the petition on behalf of the Shiv Sena, had said on November 12 that the Supreme Court had asked them to mention the writ petition at 10.30 am on November 13.Close The lawyer said another petition challenging the imposition of President's Rule in the state was being readied. related news Supreme Court to deliver its verdict on pleas seeking Sabarimala judgment review tomorrow 'Vodafone India to head for liquidation if Centre does not ease spectrum fees': Report Disqualified Karnataka MLAs welcome Supreme Court nod for contesting bypolls The Shiv Sena had, on November … [Read more...] about Maharashtra government formation: Shiv Sena doesn’t mention plea in Supreme Court
Share prices of Hindalco Industries fell more than 2 percent intraday on November 13 after the company reported a mixed set of earnings for the September quarter. Brokerages, however, remain bullish on the stock, citing potential of Aleris and Novelis to drive earnings.The stock was quoting at Rs 197.45, down Rs 2.95, or 1.47 percent, on the BSE at 1300 hours, but it has gained 12 percent in the last three months.Maintaining outperform call on the stock with a target of Rs 260, implying 30 percent potential upside from current levels, Credit Suisse said the company's EBITDA in Q2 was largely in-line. The aluminium business EBITDA was 11 percent above its estimates, though copper business profitability was hit by lower byproduct realisations and lower volumes, it said.Close In the second half of FY20, the company expects no disruptions and costs for aluminium business to be flat to slightly down. Synergies between Aleris and Novelis could remain unchanged at $150 million, the … [Read more...] about Brokerages bullish on Hindalco, expect 22-30% return after Q2
In 2017, South Indian films witnessed a promising trend in the overseas market with the euphoria surrounding these films getting fuelled by the dream run of Baahubali: The Conclusion in markets like US/Canada, United Kingdom, Gulf, Australia and China. And its international journey continues as the film will see a release in Japan and Russia on December 29 and January 11, respectively.While audience is already queuing up in large numbers at ticket counters in Japan to book in advance, a special screening has been organised for Baahubali 2, which is an unusual setup as it says screaming screening where movie goers can watch the film the way they want to. Normally, cinema goers need to maintain silence while watching a film in the country.Close お正月映画の真打ついに登場！pic.twitter.com/ukzGq3zuAj— バーフバリ 王の凱旋 (@BAAHUBALI2JAPAN) … [Read more...] about Abroad affection: As Japan welcomes Baahubali 2, a look at the country’s love for Indian films