Live Breaking News & Updates on கிராபிக்ஸ் குழு|Page 16
Stay updated with breaking news from கிராபிக்ஸ் குழு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
5 Min Read LONDON (Reuters) - India’s devastating COVID-19 crisis is making investors question more than ever whether after years of debt accumulation and patchy progress on reforms, a country touted as a future economic superpower still deserves its ‘investment grade’ status. FILE PHOTO: A bank employee maintains order as customers wait in lines to enter a bank during a 21-day nationwide lockdown to slow the spreading of coronavirus disease (COVID-19) in Agra, India, April 7, 2020. REUTERS/Danish Siddiqui A spate of downgrades last year had already left India’s investment grade credit ratings hanging by a thread and the severity of the current virus wave is making the main agencies, S&P, Moody’s and Fitch agitated again. ....
5 Min Read FORT COLLINS, Colo. (Reuters) - Chicago corn futures are trading at multi-year highs after major harvests came up short and China burst on to the import scene, but the U.S. government thinks the situation will be more manageable throughout the next year than market participants might have expected. Farmer Roger Hadley harvests corn from his fields in his John Deere combine in Woodburn, Indiana, U.S., October 16, 2020. REUTERS/Bing Guan The key to this supply boost is a substantial recovery in production, though confidence in that is a long way off and inventory is expected to remain historically tight. The outcome of the U.S. crop will be among the first checkpoints, and a strong result could kick off a move toward lower prices. ....
5 Min Read LONDON (Reuters) - Fresh outbreaks of COVID-19 and travel curbs are deterring tourists from flocking back to Thailand’s beaches and Turkey’s bazaars, stalling a recovery in tourism, a crucial source of foreign currency and a large employer for many emerging markets. FILE PHOTO: Tuk-tuks used to transport tourists around the city are seen idle due to travel bans and border closures from the global coronavirus disease (COVID-19) outbreak in a parking lot in downtown Bangkok, Thailand February 3, 2021. REUTERS/Jorge Silva Global tourism suffered its worst year ever in 2020 with the sector shrinking in value by an estimated $4.5 trillion in the pandemic’s wake, according to World Travel & Tourism Council (WTTC) figures. ....
7 Min Read LONDON (Reuters) - Elon Musk says Tesla won’t use or accept bitcoin until he can be sure it’s produced sustainably. He may be waiting some time. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake/File Photo Musk announced his new position in a major U-turn on Wednesday, prompting speculation among some experts about whether he had a plan to wean the crypto industry off the fossil fuels that power “mining,” the energy-intensive process that creates coins. ....
5 Min Read FORT COLLINS, Colo. (Reuters) - Speculators were expected last week to have gone on a record buying spree in Chicago corn, but it was a commercial short squeeze that seemed to better explain the highly volatile price activity. Corn plants are seen in a farm near Pergamino, on the outskirts of Buenos Aires during the spread of the coronavirus disease (COVID-19) in Argentina April 27, 2021. REUTERS/Agustin Marcarian In the week ended April 27, money managers reduced their net long in CBOT corn futures and options to 378,663 contracts from 383,998 in the prior week according to data published on Friday by the U.S. Commodity Futures Trading Commission. ....