External Commercial Borrowings: Indian companies raised over $50 billion in ECB till Feb last fiscal

[ad_1] Mumbai: External commercial borrowings (ECB) by Indian companies topped $50 billion in the last fiscal year until February, latest central bank data showed, with Tata Steel heading the list of such fund raisers. ECB registrations by companies, including non-banking finance companies, stood at $2.63 billion in February. Accounting for February data, total ECB registrations…

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Chinese TikTok users tell people to buy Nike and Lululemon directly from China

[ad_1] Rep. Darrell Issa, R-Calif., discusses the Trump administration’s trade negotiations with more than 100 nations on ‘The Evening Edit.’ Videos posted by Chinese TikTok users that suggest people should purchase fashion items direct from factories in China have surfaced in the U.S. in recent weeks, according to Bloomberg. The videos claim many apparel brands…

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United Airlines plans for two outcomes in the economic fog — weaker but stable and full-blown recession

[ad_1] United Airlines is giving you options.  The $22 billion airline on Tuesday offered up what it called a “bimodal” set of expectations with its guidance benchmark based on two very different macroeconomic views because “a single consensus no longer exists,” United told investors.  “Either the U.S. economy will remain weaker but stable, or the…

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Harvard’s defiance of Trump’s ‘authoritarian incursion’ supported by 60 past and present college and university presidents

[ad_1] The Trump administration has recently escalated its destructive and illegal attacks on the core freedoms of American colleges and universities, which we have called on it to halt (Fortune, April 8). The demands issued to Harvard University (in an April 11 letter), followed by the freezing of $2.2 billion of federal research funds along…

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