International
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Nov- 2022 -21 November
Markets fall in early trade amid weak Asian equities
Mumbai: Market benchmarks fell in early trade on Monday amid weak trend in other Asian equities. After a weak beginning, the 30-share BSE Sensex further declined 463.1 points to 61,200.38. The broader NSE Nifty dipped 129.25 points to 18,178.40. From the Sensex pack, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, ITC, Reliance Industries, Tech Mahindra, HDFC, Infosys, Tata Consultancy Services and Nestle were the major laggards. Axis Bank, Bharti Airtel, Maruti, Hindustan Unilever and Tata Steel were the winners. Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower. Wall Street had ended higher on Friday. “There is a strong tailwind and a strong headwind which can sway the market now. The tailwind is the sharp decline…
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21 November
US govt to ‘probe’ Musk’s Twitter as he plans more layoffs
San Francisco: The US government is now looking into whether Elon Musk’s foreign investment partners have access to users’ private data on the micro-blogging platform, as he plans another round of layoffs. Bloomberg reported, citing sources, that the government is asking for more details about Musk’s private agreements with global investors who hold stakes in the company. These investors include Saudi Arabia’s Prince Al Waleed bin Talal Al Saud and the Qatar Investment Authority. Musk’s business dealings in both Ukraine and China have already drawn concerns among the government ranks. The government is now “looking into whether Musk’s foreign investment partners have access to users’ private data on the platform”. U.S. President Joe Biden has expressed concerns that Musk’s “relationships with…
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21 November
Historic snowstorm buries western New York under 6 feet of snow, shuts down travel
Ahistoric snowstorm continued to pound western New York state on Saturday with more than 6 feet of snow in some places. Roads have been shut and several flights have been cancelled in the Buffalo area. The snowfall was blamed for at least two deaths due to ‘cardiac events’ related to shoveling and moving snow, county officials said. Extreme close-range thundersnow in Buffalo, NY ❄️⚡️Historic snowstorm is now underway. Credit 🎥: @Dave_WXpic.twitter.com/JtKpu5klfA— Colin McCarthy (@US_Stormwatch) November 18, 2022 About 280 people needed to be rescued during the storm, according to New York Governor, Kathy Hochul. On Saturday afternoon, Hochul touted the state’s storm preparedness and said crews have been working tirelessly to manage the situation. She thanked western New Yorkers for…
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21 November
Rishi Sunak considering building Swiss-style economic relationship with EU
The UK’s Rishi Sunak administration is reportedly working on moving the country into a Swiss-style relationship with the European Union. The British government wants to build a closer economic relationship with the EU to avoid current trade barriers, reported the Sunday Times. As per the report, the move could take place over the next decade. This comes after Chancellor Jeremy Hunt signalled last week that the Sunak administration intends to break ranks with Boris Johnson’s approach with the bloc, as per the Independent. The report made it clear that the UK did not wish to reinstate provisions facilitating the free movement of people. Like the UK, Switzerland is not a member of the European Union but has a closer economic…
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21 November
Elon Musk lifts Donald Trump’s Twitter ban
Donald Trump’s Twitter account has been reinstated. The former US President was permanently blocked from the platform in January 2021 following the attack at the US Capitol in Washington – in which his supporters stormed the building while votes were being counted to verify Joe Biden’s election win – but the site’s new owner, Elon Musk, has now dropped his suspension, days after opening an online poll asking if the ‘Apprentice’ star should be allowed back. Musk tweeted: “The people have spoken. Trump will be reinstated. Vox Populi, Vox Dei.” Shortly afterwards, @RealDonaldTrump was live again, but the 75-year-old businessman has yet to tweet from the account since the ban was lifted. The 51-year-old businessman – who recently acquired the…
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21 November
Popular Iranian actress Hengameh Ghaziani arrested day after appearing in public without hijab
Popular Iranian actress Hengameh Ghaziani has been arrested a day after she posted a video of herself appearing in public without the mandatory hijab, Iran International reported on Sunday. Sharing the video on Instagram, Ghaziani wrote the caption “this might be my last (Instagram) post. From this moment on, whatever happens to me, know that as always, I am with Iranian people until my last breath.” Famous Iranian actress Hengameh Ghaziani has been arrested, state media said.She'd earlier removed her hijab and said, "This might be my last (Instagram) post. From this moment on, whatever happens to me, know that as always, I am with Iranian people until my last breath." pic.twitter.com/tSVhUamsna— Iran International English (@IranIntl_En) November 20, 2022 Earlier this month…
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21 November
Imran Khan Lauds India’s Foreign Policy Once Again, Calls it ‘Free and Independent’
Former Pakistani Prime Minister Imran Khan praised India’s foreign policy yet again by saying that Delhi has a free and independent foreign policy. Khan while lauding India’s foreign policy lauded its decision to buy oil from Russia amid pressure from the West. “I must take the example of India. The country became free along with us and now look at its foreign policy. It pursues a free and independent foreign policy. India stood by its decision, saying that they will buy oil from Russia,” Khan said while virtually addressing his ‘long march’ on Saturday, according to ANI. Imran Khan lauded Modi government’s purchase of Russian oil in line with its national interests and added that though India and the United States were QUAD allies…
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20 November
Musk takes a late-night deep dive with coders at Twitter
New Delhi: Amid the internal mayhem and mass resignations, Elon Musk has posted some images of him taking a deep dive with coders at Twitter headquarters late at night. “Just leaving Twitter HQ code review,” Musk posted late on Saturday. “Most amount of people I’ve ever seen in the building by far,” he added. Sriram Krishnan, a former Twitter executive of Indian origin, also reposted the images. “Amazing how many people have reached out to me over these photos with @elonmusk,” he tweeted. “Late night coding sessions + whiteboards are at the heart of what this industry was built on,” Krishnan said. Krishnan recently revealed that he is helping Musk through initial changes at Twitter which he bought for $44 billion,…
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20 November
UK PM Rishi Sunak announces air defence package for Ukraine on first visit to Kyiv
Kyiv: United Kingdom Prime Minister Rishi Sunak has announced an air defence package worth £50 million for Ukraine. He made the announcement during his first trip to Kyiv since assuming office as Prime Minister on November 19. During his visit, Sunak informed Ukrainian President Volodymyr Zelenskyy that the UK will provide an air defence package for Ukraine, including 125 anti-aircraft guns and technology. He stressed that the air defence package will protect Ukraine against Russian strikes and help to counter “Iranian-supplied drones.” “Meeting President Zelenskyy, he confirmed that the UK will provide a major new package of air defence to help protect Ukrainian civilians and critical national infrastructure from an intense barrage of Russian strikes,” according to the statement released by…
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20 November
2022 Qatar World Cup: Sponsors, Fans Fear Organisers May Break Other Promises after Beer Diktat
Sponsors at the FIFA World Cup have raised their concerns with the global football governing body regarding their contracts at the Qatar World Cup after it was forced to ban alcohol from stadiums by authorities in Qatar, news agency the Guardian said in a report. The decision taken by the Qatari authorities has complicated the $75m contract with the brewer of Budweiser, Anheuser-Busch InBev. People familiar with the developments said sponsors felt let down by FIFA and there were discussions on breaches of contract and going back on deliverables. FIFA confirmed earlier that alcohol will not be sold inside or around the perimeter of the World Cup stadiums. Following the announcement of beer ban in stadiums, FIFA is concerned that it may face legal…
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