He cited scrapping of 1,500 old and obsolete laws and farming new ones that in tune with the changing investment order as an example of his government's outlook. "The world trusts the Indian economy. Record FDI and FPI during pandemic testimony of that". Modi asked the industry to adopt the best corporate governance and profit-sharing practices. [Full Article...]
Those who entered are urged to check their tickets after the winning numbers for draw 1283 were revealed. The Powerball number was 7. The Multiplier number was 02. Can you even imagine winning? If you're anything like me you totally forget you buy them and put them in your wallet and never even look at them. Tickets cost $2 each. [Full Article...]
After the call, a Downing Street spokesperson said: "The prime minister underlined that the negotiations were now in a serious situation". We want to reach a (free trade agreement) if possible, as soon as possible, and that remains our position, he said. [Full Article...]
The Nasdaq Composite added 0.68% to 12,744.90. The Dow Jones Industrial Average was down 214 points, or 0.71%, to 30,088, the S&P 500 fell 0.75% and the Nasdaq declined 0.33%. Bipartisan lawmakers said on Thursday the COVID-19 pandemic's worsening toll meant that failure to agree on new stimulus was no longer an option. Since the S&P 500 is weighted by the amount of companies' shares actuall... [Full Article...]
What this means: Crude oil prices rallied high yesterday amid optimism around progress seen in the passage of the U.S stimulus deal coupled with strong Asian refining demand and plunge in the US dollar to a two-and-a-half-year low. "Oil prices are very healthy under the circumstances", said Bjornar Tonhaugen of Rystad Energy. "The prospects of (a) stimulus deal and vaccine rollout have largel... [Full Article...]
The move comes just weeks before President-elect Joe Biden assumes office. The decision to add SMIC to the Entity List in effect formalizes a decision by the Commerce Department in September, when it required American suppliers to apply for licenses before providing technology to the company. [Full Article...]
The other finalist for one of the top jobs in global trade is South Korea's Trade Minister Yoo Myung-hee, and the pair have been left in limbo for more than five weeks. According to Mr Lighthizer, the WTO has "failed to function as a negotiating body". Those are things that tend to come towards the end of a negotiation. [Full Article...]
The committee voted 20-0 with one abstention that the benefits of the vaccine outweigh its risks in people aged 18 and older, one week after the same panel backed a similar vaccine from Pfizer and BioNTech , leading to an FDA emergency use authorisation a day later. [Full Article...]