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US, Japan seal ‘massive’ trade deal; Tokyo to invest $550 billion in America; key details of the pact
US President Donald Trump on Tuesday announced a “MASSIVE Trade Deal with Japan,” under which Tokyo will make a “$550 BILLION commitment to invest in the United States of America.” The White House unveiled three large-scale investment projects backed by Tokyo with a combined value of $36 billion, representing the first tranche under Japan’s $550…
Boneless Wings Are Still Wings, Judge Rules
A Chicago man filed a lawsuit in 2023 against Buffalo Wild Wings, arguing that it had engaged in false advertising of its boneless wings. A judge said the claim “has no meat on its bones.” Source link
Gold import volume dips 18%, silver surges 56%
NEW DELHI: Despite the surge in gold and silver imports upsetting the trade balance, the trends for the two precious metals are very different. With the average price of gold rising nearly 25% on a year-on-year basis to $94,554 a kg during April-Dec, buyers became cautious, resulting in demand falling. Data released by the commerce…
Trump Hails Japan’s First Batch of U.S. Investments
The deals, totaling $36 billion, were the first step in a $550 billion investment pledge aimed at securing tariff relief and sustaining U.S. relations. Source link
Capital values outpace rental growth: Report
MUMBAI: Even as property prices continued to rise at a faster pace – 2.2 % in the Dec quarter, rental demand declined by 2.4% quarter-on-quarter across India, indicating a market adjusting to yield compression rather than a broad-based slowdown, Magicbricks said in a report. Chennai emerged as the top market in terms of gross rental…
Goldman Sachs to Drop D.E.I. Criteria for Board Members
The move would be the Wall Street firm’s latest retreat from diversity mandates that its chief executive, David Solomon, had once made a priority. Source link
Boost for realty, infra firms as RBI overhauls ECB norms
MUMBAI: Real estate, infrastructure, and corporate sectors are set to gain wider access to overseas funding with RBI overhauling external commercial borrowing (ECB) rules, sharply expanding the pool of eligible borrowers and clarifying permissible uses under the Foreign Exchange Management Act, 1999 framework.The amended regulations shift the ECB regime from a restricted, sector-based eligibility model…
White House Shrugs Off Lutnick’s Epstein Ties
Commerce Secretary Howard Lutnick has acknowledged traveling to Jeffrey Epstein’s island and meeting him on another occasion. Source link
NGT clears Rs 90,000-crore Great Nicobar project, here’s why it can be a game changer
The National Green Tribunal gave a green light to Centre’s Rs 90,000-crore-plus Great Nicobar infrastructure project on Monday, concluding that the environmental clearance granted in 2022 was backed by sufficient safeguards and there was no “good ground to interfere.“ A bench of the tribunal dismissed a series of petitions that had questioned the validity of…