Brent Crude prices spiked as much as 5% on Monday following the US airstrikes on Iran’s key nuclear facilities on Sunday. The move ended days of speculation over whether the US President Donald Trump would join Israel in its confrontation with Iran.While prices surged initially, they soon pared gains. The attacks on Fordow, Natanz and Isfahan had led to expectations …
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Zee to raise Rs 2,200 crore from promoter group entities – Times of India
MUMBAI: In its first major fundraising effort since the collapse of its merger with Sony Pictures India, Zee Entertainment Enterprises will raise Rs 2,237 crore from its promoters to finance its growth plans. The company plans to issue up to 16.95 crore convertible warrants at Rs 132 each to Altilis Technologies and Sunbright Mauritius Investments, companies owned by promoters Subhash …
Read More »US to lose billions? Weakening travel demand could cost economy, warn analysts – Times of India
AI-generated representative image Declining travel demand, evidenced by disappointing earnings projections from major travel companies, could lead to significant economic losses for the US this year. Analysts point to the impact of the Trump administration’s trade policies on consumer confidence, as reported by Reuters.JP Morgan claimed in a recent note that rising anti-American sentiment may be contributing to a decline …
Read More »‘Don’t need to ask India to align but can bring it close’: JP Morgan CEO Jamie Dimon amid Trump’s tariff war – The Times of India
NEW DELHI: JP Morgan CEO Jamie Dimon has suggested that the US, in its effort to make trade fairer for the nation, need not ask “non-aligned nations, like India and Brazil” to align but “can bring them closer” by “extending a friendly hand with trade and investment.” This comes as Donald Trump’s 10% tariffs on all US imports kick in.“We …
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