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Nine out of 10 U.S. firms in Europe anticipate worsening transatlantic economic relations due to policies expected from incoming U.S. President Trump, particularly tariffs. A survey by AmCham EU shows two-thirds of firms foresee negative impacts from U.S. policies, with 52% concerned about EU policies.
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News and Media
So, countries like Vietnam that might have benefited from people moving capacity from China to Vietnam but effectively importing a lot from China and processing in Vietnam, those types of situations being under more pressure.
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News and Media
IREDA shares rose by 1.1% to Rs 209.50 on news of a board meeting set for January 23, 2025, to approve fund-raising via Qualified Institutional Placement (QIP). IREDA announced a 27% YoY net profit increase to Rs 425.38 crore in Q3 FY25, with a 35.6% rise in revenue. Analysts give a 'Hold' recommendation with a target price of Rs 215.
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News and Media
Indian Hotels shares: Tata Group-backed IHCL shares fell 3.9% to Rs 782.20 despite reporting a 33% rise in quarterly profit to Rs 633 crore and a 29% increase in revenue to Rs 2,592 crore. CEO Puneet Chhatwal highlighted plans for 700 hotels by 2030 and remained optimistic about sector growth.
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News and Media
Donald Trump will be inaugurated for his second term, planning numerous executive actions focused on border security and fossil fuel production. Various foreign leaders and prominent figures are set to attend, and Trump's inauguration committee has raised over $170 million to finance the ceremonies and related events.
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News and Media
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