scorecardresearch
Tuesday, June 25, 2024
TopicBloomberg wire

Topic: Bloomberg wire

US firms in India complain about clearance delays of their shipments from China

Decision by customs officials to abruptly halt clearances of industrial consignments coming from China has raised concerns among US manufacturers based in India.

Now, Trump blames Obama and Biden for all the crises he’s facing

Trump's approach of deriding his predecessor offers an escape from issues such as his handling of Covid and also drags down his 2020 Democratic opponent, Joe Biden.

US rebuffs China, rejects links between coronavirus transmission and food

Chinese buyers are asking soybean and meat shippers to comply with safety regulations 'to ensure that food imported into China is not contaminated with the Covid-19 virus'.

Modi govt plans to impose strict rules and tariffs on Chinese imports

Bureau of Indian Standards is finalising tougher norms for at least 370 products to ensure items that can be locally produced aren’t imported.

Radio Mirchi eyes US, Middle East markets as Covid stalls growth in India

Enil, which runs 73 FM stations under ‘Mirchi’ brand, has won a radio license to operate in Bahrain. It also earned $1 mn in revenue from its US app.

Covid gives Vistara a chance to grab Emirates, Etihad traffic from India

Vistara expects demand for long-haul direct international flights from India to rise towards the end of the year after travel restrictions lift.

A global chocolate glut is coming because duty-free shops are closed

Lack of airport sales along with postponement or cancellation of chocolate-heavy events such as weddings and cruise bookings are adding to the fall in sales.

Chinese jets buzzing Taiwan show long-term risk of war with US

Chinese fighter jets entered Taiwan’s air defense identification zone seven times in the last two weeks, prompting the island to scramble warplanes.

Why Trump’s suspension of H1B and other work visas will kill innovation

If the US doesn’t attract founders for the next Google or Databricks as the preeminent land of opportunity, it will only embolden its biggest rivals like China and Europe.

Pentagon names 20 ‘Communist Chinese military companies’ operating in US, sanctions likely

The list of companies, which includes Huawei, is mandated under the Defense Authorization Act, 1999. No US govt, though, has ever put out the required report.

On Camera

Buses are stuck on third gear in India. It’s time to privatise with London-style GCC model

Using a GCC model, where the state contracts private operators, lowers costs and subsidies. It’s possible to run a high-quality service, as anyone who has used London’s buses will attest.

Noida International Airport, Delhi NCR’s 2nd, delayed. To begin operations by April 2025

According to a statement by the airport, commercial operations likely to begin next year 'in view of the current construction status'. It was supposed to commence operations by 2024 end.

Amid tensions with China, Philippines says BrahMos a ‘credible defence’

At interaction in Delhi Monday, Ambassador of Philippines also highlighted talks over possibility of high-level delegation visit later this year to mark 75 yrs of diplomatic ties.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.