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Indian shares fall as China COVID surge dampens sentiment
  + stars: | 2022-12-29 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Dec 29 (Reuters) - Indian shares fell on Thursday, dragged by broad-based declines, as a surge in COVID cases in China dampened optimism generated by the reopening of the world's second-largest economy. The Nifty 50 index (.NSEI) was down 0.58% at 18,017.85, as of 11:27 a.m. IST, and the S&P BSE Sensex (.BSESN) fell 0.54% to 60,578.03. Forty-five of the Nifty 50 constituents fell, with Tata Consumer (TACN.NS), Tata Motors (TAMO.NS), Grasim (GRAS.NS), Ultratech Cement (ULTC.NS), HDFC (HDFC.NS) and Hindalco Industries (HALC.NS) losing over 1.25%. Several countries, including the United States and India, have made COVID tests mandatory for travellers from China. The stock was the top gainer in Nifty 50 index.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is a good time to be investing when asset prices are as low as they are, Yogi Dewan saysYogi Dewan of Hassium Asset Management says this is a good time to be investing when asset prices are as low as they are.
CNN —Finally, some good news in the battle against greenhouse gasses: Carbon dioxide (CO2) emissions from the burning of fossil fuels are on track to rise less than 1% this year. That’s despite widespread concerns of a rush back to coal, oil and gas amid a global energy crunch and Russia’s war in Ukraine. The International Energy Agency published its forecast in a report Wednesday, showing CO2 emissions are on track for an increase of 300 million metric tons in 2022, reaching 33.8 billion tons. “This means that CO2 emissions are growing far less quickly this year than some people feared – and that policy actions by governments are driving real structural changes in the energy economy. But the increase in emissions from coal has been “relatively small” and are “considerably outweighed by the expansion of renewables,” according to the report.
The UN chief accused energy giants of "feasting on hundreds of billions of dollars in subsidies and windfall profits while household budgets shrink and our planet burns." The European Commission is proposing that EU states take a 33% share of the companies' surplus profits. US President Joe Biden's administration mulled the idea in the summer but it gained little momentum. "Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies," Guterres told the Assembly. "Those funds should be redirected in two ways: to countries suffering loss and damage caused by the climate crisis, and to people struggling with rising food and energy prices."
Oh my God.” “While watching the George Floyd trial, I noticed the differences and the importance of footage.” “This corner —” “When Stephon was murdered, we only had the officers’ footage. They handcuffed him after he was dead.” “Excessive force.” “Excessive force and lethal force after the fact of death. Anything that does not deal directly with the murder of George Floyd is irrelevant in my opinion.” “He’s 6 to 6 and a half feet tall. George Floyd is already dead.” “That’s right. I feel like it’s a bittersweet thing that’s happening watching the George Floyd trial.
Persons: , George Floyd, Stephon, ” “ Bro, ” “, , Tiffany, Lora, Lora Dene King, Rodney Glen King, King, they’re, ” “ It’s, George Holliday, George Floyd’s, she’s, Wanda Johnson, I’m, Oscar Grant, ” “ Grant, Oscar, bro, Y’all, — ” “ —, let’s, God, Jesus Christ, Sequette Clark, Stephon Clark, ” “ Clark, Floyd, Chauvin wouldn’t, didn’t, “ Poppa’s, They’re, he’s, Rodney Kings, George Floyd — ”, We’re, don’t Organizations: “ Police Locations: Lora Dene, , Los Angeles, America
Derek Chauvin was found guilty of two counts of murder on Tuesday in the death of George Floyd, whose final breaths last May under the knee of Mr. Chauvin, a former Minneapolis police officer, were captured on video, setting off months of protests against the police abuse of Black people. After deliberating for about 10 hours over two days following an emotional trial that lasted three weeks, the jury found Mr. Chauvin, who is white, guilty of second-degree murder, third-degree murder and second-degree manslaughter for the killing of Mr. Floyd, a Black man, on a street corner last year on Memorial Day. Mr. Chauvin faces up to 40 years in prison when he is sentenced in the coming weeks but is likely to receive far less time. The presumptive sentence for second-degree murder is 12.5 years, according to Minnesota’s sentencing guidelines, although the state has asked for a higher sentence. The verdict was read in court and broadcast live to the nation on television, as the streets around the heavily fortified courthouse in downtown Minneapolis, ringed by razor wire and guarded by National Guard soldiers, filled with people awaiting the verdict.
Persons: Derek Chauvin, George Floyd, Chauvin, Floyd Organizations: National Guard Locations: Minneapolis
His comments have given fuel to the growing interest in a one-state solution in the Israeli-Palestinian conflict, as negotiations to create a sovereign Palestinian state have achieved little in recent years. But such a process insists on a sovereign Palestinian state. 01:18 - Source: CNNThe idea of the two-state solution sounds simple enough – an Israeli state next to a Palestinian state, existing side by side in peace. OPINION: What Trump’s meeting with Abbas meansWhat would a one-state solution look like? It is land that Palestinians, along with the international community, view as territory for a future Palestinian state.
Persons: Donald Trump, Mahmoud Abbas Wednesday, Trump, Benjamin Netanyahu, , ” Trump, Netanyahu, Obama, Abbas, Kerry, Israel, Israel doesn’t, MUSA, CNN Trump, David Friedman, Jason Greenblatt, Jared Kushner, CNN Abbas ’, Abbas ’, It’s, , Mohammed Shtayyeh, Zakaria, , it’s Organizations: CNN, Palestinian, White, Israeli, Israel, West Bank, AFP, Getty, UN, Trump, New, State Department, Fatah Central Committee, Initiative, Arab, Oslo Peace Locations: Israel, Washington, Palestinian, Jerusalem, Gaza, Bank, AFP, East Jerusalem, Trump’s, New York, Trump's, Saudi Arabia, Palestine, Lebanon, Hamas, Israel’s, Oslo
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