The Trump administration says it will block Chinese airlines from flying to the U.S. later this month. China so far hasn't allowed U.S. airlines United and Delta to resume flights to China, which they wanted to restart this week.
[NFA] President Donald Trump will begin his July Fourth celebrations with a trip to Mount Rushmore on Friday despite concerns about gathering a large crowd during the novel coronavirus pandemic and criticism from Native Americans about the visit. This report produced by Jillian Kitchener.
Equity benchmark indices continued their upward momentum on Friday but the gains in IT and realty sectors were capped by PSU banks. At the closing bell, the BSE SandP Sensex was up by 178 points or 0.5 per cent at 36,021 while the Nifty 50 edged higher by 56 points or 0.53 per cent at 10,607. Sectoral indices at the National Stock Exchange were mixed with Nifty IT and realty gaining by 1 per cent each but PSU bank down by 0.9 per cent. Among stocks, Eicher Motors was up by 4.18 per cent at Rs 19,121 per share while Hero MotoCorp accelerated by 2.6 per cent, Bajaj Auto by 1.9 per cent and Tata Motors by 1.8 per cent. Adani Ports closed 4.1 per cent higher at Rs 361 per share. Tata Consultancy Services gained by 1.7 per cent while Bharti Airtel and Bharti Infratel were up by 4 per cent and 1.8 per cent respectively. Reliance Industries edged higher by 1.53 per cent to Rs 1,785.50 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit. But metal stocks fell with JSW Steel and Tata Steel down by 1.7 per cent each and Hindalco by 1 per cent. IndusInd Bank, HDFC Bank, Bajaj Finance and Bajaj Finserv too traded with a negative bias. Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity. Shanghai Composite closed 2.01 per cent higher. Japan's Nikkei rose by 0.72 per cent while Hong Kong's Hang Seng was up by 0.99 per cent.
Hong Kong pro-democracy activists are discussing a plan to create an unofficial parliament-in-exile to keep the flame of freedom alive and send a message to China that freedom cannot be crushed, campaigner Simon Cheng told Reuters on Thursday (July 2). Soraya Ali reports.
Labour leader Sir Keir Starmer has said that his party agrees with the course of action that the government has set out following the announcement of Hong Kong’s “shocking” security law. Report by Patelr. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
US President Donald Trump once again attacked Beijing over Covid outbreak. "The 'plague from China' should have never happened. We had just signed a trade deal, the ink wasn't even dry," he said. Trump..
Credit: HT Digital Content Duration: 02:19Published
U.S. airlines are allowing people to China for the first time since the coronavirus pandemic started. According to Business Insider, Delta operates its first flight to China after shutting them down in..
BEIJING (AP) — Asian stock markets rebounded Monday after President Donald Trump avoided reigniting a trade war with China amid tension over Hong Kong and the... SeattlePI.com Also reported by •Seattle Times •FT.com