Name: Metal stocks slump as Moody's turns negative on Asian steel companies
Uploaded: 2019-08-28T11:57:18.fff+05:30
Duration: T00M22S
Channel: editorji
Description: Moody's has changed it's outlook for Asian steel producers to negative. The revision is based on weaker profitability that's been hit by rising input costs . Moody's says it expects limited impact from the US tariffs on steel imports. It also believes Indian steel demand will remain the strongest in the region but growth will dwindle to a mid - single digit clip.

Union Home Minister Amit Shah while addressing a rally in Karaikal ahead of the Puducherry elections on April 6, ridiculed Congress leader Rahul Gandhi for saying there

'You were on vacation': Amit Shah slams Rahul Gandhi over 'fisheries ministry' remark

Union Home Minister Amit Shah while addressing a rally in Karaikal ahead of the Puducherry elections on April 6, ridiculed Congress leader Rahul Gandhi for saying there was no "dedicated" fisheries ministry, and pointed out that Prime Minister Narendra Modi had set it up two years ago. Shah alleged that Gandhi was on "vacation" when the NDA set it up in 2019. &lsquo; I want to know from people whether they want a leader who doesn't know that Department of Fisheries has been in existence for 2 years," Shah said. Shah also highlighted the various initiatives taken by the Modi government for the welfare of the fishermen community.

Union Home Minister Amit Shah while addressing a rally in Karaikal ahead of the Puducherry elections on April 6, ridiculed Congress leader Rahul Gandhi for saying there was no "dedicated" fisheries ministry, and pointed out that Prime Minister Narendra Modi had set it up two years ago. Shah alleged that Gandhi was on "vacation" when the NDA set it up in 2019. ‘ I want to know from people whether they want a leader who doesn't know that Department of Fisheries has been in existence for 2 years," Shah said. Shah also highlighted the various initiatives taken by the Modi government for the welfare of the fishermen community.

At least 10 rockets have landed at Ain al-Asad airbase in the western Iraqi province of Anbar, according to the Iraqi military and the US-led coalition forces. The rock

At least 10 rockets landed at Ain al-Asad airbase in the western Iraqi province of Anbar, according to the Iraqi military and the US-led coalition forces. The rockets struck the airbase, which hosts US, coalition and Iraqi forces on Wednesday, spokesman for the US-led coalition forces said. Pentagon confirmed that the attack killed a US contractor.&nbsp; The contractor &ldquo;suffered a cardiac episode while sheltering&rdquo; and died shortly afterward.&nbsp;The rocket attack comes two days before Pope Francis is due to visit the country.
&nbsp;

A bloomberg report quoting an American software firm said that Chinese hackers are still actively trying to target an Indian port. Recorded Future reported a ‘han

A US based cybersecurity firm has said that China-linked hackers are still actively trying to target an Indian port. According to a report published in the Bloomberg, Recorded Future, the cybersecurity firm still could see a 'handshake' indicating a flow of traffic between China based hackers and an Indian port till Tuesday. The firm said that, the group called the RedEcho, had targeted 10 entities under India&rsquo;s power grid and two maritime ports when the company first notified Indian authorities on February 10 and most of them were still operational as recently as February 28.

The Duchess of Sussex said she is saddened by a report of her allegedly bullying the staff at Kensington Palace during her stay there. A spokesperson for Markle said th

The Duchess of Sussex said she is saddened by a report of her allegedly bullying the staff at Kensington Palace during her stay there. A spokesperson for Markle said that the duchess who was a target&nbsp;of bullying herself is &lsquo;deeply committed to supporting those who have experienced pain and trauma&rsquo;.
According to a story in the Times, Markle led two personal assistants out of the palace and undermined the confidence of another. The complaint against her was a made in October 2018. Both Buckingham Palace, which is responsible for hiring royal staff, and Kensignton Palace, where the Duchess and Prince Harry resided, have not commented on the report.
The Duke and Duchess have absolved themselves of their royal duties and live in the US now.

External affairs minister S Jaishankar will visit Bangladesh on Thursday to prepare the grounds for Prime Minister Narendra Modi’s trip to the country later this

External affairs minister S Jaishankar will visit Bangladesh on Thursday to prepare the grounds for Prime Minister Narendra Modi&rsquo;s trip to the country later this month. Jaishankar is visiting Bangladesh at the invitation of counterpart AK Abdul Momen. The minister will call on Prime Minister Sheikh Hasina during the day-long trip, the external affairs ministry said on Wednesday. PM Modi will visit Bangladesh on March 26 to participate in the country's 50th Independence and the establishment of diplomatic relations. This will be Modi's first international visit since the coronavirus outbreak last year.

Mount Sinabung in Indonesia’s North Sumatra erupted on Tuesday unleashing a torrent of hot ash and volcanic material down its slopes. Officials advised villagers

Mount Sinabung in Indonesia&rsquo;s North Sumatra erupted on Tuesday in its first big eruption&nbsp;since August last year. The eruption&nbsp;threw&nbsp;up a torrent of hot ash and volcanic material. Officials advised villagers to stay at least 5 kilometres away from the craters mouth. No casualties were reported and air travel was not impacted by the ash cloud. One of the more than 120 active volcanoes in the region, the 8,530 feet Sinabung was dormant for centuries before erupting in 2010. It has been sporadically active since then, prone to seismic upheaval due to its location on the Pacific &lsquo;Ring of Fire&rsquo;, a horseshoe-shaped belt in the Pacific Ocean, home to the majority of the earth&rsquo;s volcanoes and earthquakes.

Russia said that the United States is playing with fire after the US announced sanctions on seven senior Russian officials over the attempted assassination of oppo

Russia said that the United States is playing with fire&nbsp;after the US announced sanctions on seven senior Russian officials over the attempted assassination of opposition leader Alexei Navalny using a nerve agent, and his subsequent jailing.&nbsp;The sanctions are the first announced by the Joe Biden administration against associates of Russian President Vladimir Putin Russian foreign ministry spokeswoman Maria Zakharova said that Russia will continue to systematically and resolutely defend its national interests and rebuff aggression. She accused the United States of trying to cultivate the image of an external enemy as a way to distract attention from domestic problems.

Meghan Markle has been awarded 450,000 pounds as a provisional payment towards her legal costs after she won a privacy claim against the Mail On Sunday which had printe

Meghan Markle has been awarded 4,50,000 pounds as a provisional payment towards her legal costs after she won a privacy claim against the Mail On Sunday which had printed extracts of a letter she wrote to her father. Last month, a judge at London's High Court ruled the tabloid had breached her privacy by publishing parts of the letter she wrote to her father, Thomas Markle. Furthermore, after winning the case, Markle in a statement said that the judgment was a victory for all because everyone loses when misinformation sells more than truth and when companies create their business model to profit from &ldquo;people&rsquo;s pain&rdquo;.

Australia's international borders will remain close by at least another three months to mid-June, continuing the country's self-imposed isolation to keep the coronaviru

Australia's international borders will remain close for at least another three months till mid-June, continuing the country's self-imposed isolation to keep the coronavirus outbreak in control. On Tuesday evening, Health Minister Greg Hunt announced the extension of the "human biosecurity emergency period" which bars travellers from entering Australia and stops citizens from leaving without an exemption. The decision comes after health officials advised the government about the Covid-19 situation overseas, including the emergence of more highly transmissible variants. Previously, Australia closed its international border early in the pandemic and it was scheduled to end on March 17, but has now been extended to June 17.

President Joe Biden said Tuesday that the US expects to take delivery of enough coronavirus vaccines for all adult Americans by the end of May, two months earlier than

President Joe Biden said Tuesday that the US expects to take delivery of enough coronavirus vaccines for all adult Americans by the end of May, two months earlier than anticipated. The announcement comes as the White House looks to speed the production of the single-dose Johnson &amp; Johnson vaccine and accelerate the nation's plans to reach "herd immunity". Johnson &amp; Johnson has promised to deliver 100 million doses by the end of June. The Biden administration has told governors to prepare for their supplies of vaccine to continue to climb over the coming weeks. Additional doses are also heading toward a federally backed program to administer doses in more accessible retail pharmacies.

The United States on Tuesday announced sanctions on seven senior Russian officials over the attempted assassination of opposition leader Alexei Navalny using a nerve ag

The United States on Tuesday announced sanctions on seven senior Russian officials over the attempted assassination of opposition leader Alexei Navalny using a nerve agent, and his subsequent jailing. The sanctions are the first announced by the Joe Biden administration against associates of Russian President Vladimir Putin. White House Press Secretary Jen Psaki said that Russia's Federal Security Service used a nerve agent to poison the opposition leader on August 20, 2020. Navalny flew home to Moscow after months of treatment in Germany, and was arrested on arrival.

The UK will receive 10 million AstraZeneca Covid-19 vaccine doses made by the Serum Institute of India (SII), the UK government said in a statement on Tuesday.

The UK will receive 10 million AstraZeneca <a href="https://www.editorji.com/covid-19" target="_blank" rel="noopener">Covid-19 vaccine</a> doses made by the Serum Institute of India (SII), the UK government said in a statement on Tuesday.
"The UK has ordered 100 million doses of <a href="https://www.editorji.com/story/astrazeneca-sold-its-stake-in-moderna-for-over-1-billion-report-1614575371905" target="_blank" rel="noopener">AstraZeneca</a>'s Covid-19 vaccine, of which 10 million doses will come from the Serum Institute of India," Reuters quoted a UK government spokesperson as saying.
The move is likely to stir concerns that wealthy countries are procuring vaccine doses at the expense of poor countries as many are dependent on SII for <a href="https://www.editorji.com/story/more-than-1-48-crore-doses-of-covid-vaccine-administered-till-march-2-health-ministry-1614693492966" target="_blank" rel="noopener">vaccine</a>.
The UK government said the agreement follows assurances from the Serum Institute of India that providing doses to the UK would not impact its commitment to provide vaccines to poorer countries.
&nbsp;
Also Read: <a href="https://www.editorji.com/story/initial-glitches-drag-down-india-s-covid-vaccination-pace-1614742904786" target="_blank" rel="noopener">Initial glitches drag down India's Covid vaccination pace</a>

Her five-second video has taken the meme world by storm in both India and Pakistan.

Her five-second video has taken the meme world by storm in both India and Pakistan. Basking in her viral fame, Pakistan's "<a href="https://www.editorji.com/story/creators-brands-take-the-pawri-online-after-pak-influencer-s-viral-video-1613386326613" target="_blank" rel="noopener">Pawri</a>" girl&nbsp;Donaneer Mobeen told Reuters that she had no idea that her "ye hamari pawri ho rahi hai" video would become so popular.
The video has struck such a chord that actors, politicians, and even police have used it in their social media posts. Expressing her happiness at fostering some rare friendly cross-border dialogue, Mobeen said that she is "grateful for all the love from across the border".
Since the video went viral, Mobeen said she has been inundated with acting and modelling offers, along with requests for product endorsements.
&nbsp;
Also Read: <a href="https://www.editorji.com/story/say-no-to-pawri-manipal-hospitals-shares-important-message-while-being-on-trend-1614066859546" target="_blank" rel="noopener">'Say no to Pawri': Manipal Hospitals shares important message while being on trend</a>

In the first Cabinet defeat, US President Joe Biden on Tuesday abandoned his plan for Neera Tanden to be White House budget director. The pullback came after a massive

In the first Cabinet defeat, US President Joe Biden on Tuesday abandoned his plan for Neera Tanden to be White House budget director. The pullback came after a massive pushback from key senators who made it clear that were not going to vote for Tanden. The centrists on both sides of the political aisle opposed Tanden over several of her previous tweets in which she disparaged lawmakers. "I have accepted Neera Tanden's request to withdraw her name from nomination for Director of the Office of Management and Budget," Biden said in a statement. Neera Tanden would have been the first Indian-American to hold the key post.

Haji Nazir Ahmadzai, a senior adviser to the Afghan president on the Reconciliation of Political Parties and Tribes said that the peace negotiations between the Afghan

Haji Nazir Ahmadzai, a senior adviser to the Afghan president on the Reconciliation of Political Parties and Tribes said that the peace negotiations between the Afghan government and the Taliban are a 'waste of time' as long as the radical movement fails to implement its commitment to reduce violence and implement a ceasefire. In an interview with Sputnik, Ahmadzai&nbsp;responded to why the second round of talks was delayed, saying Kabul's delegation has been in Doha for a long time, but the Taliban has been on foreign trips and have delayed talks. He further said that the escalation of violence&nbsp;by the Taliban is unacceptable to the international community and to the Afghan nation.

India came out strongly against the statement of the Organisation of Islamic Cooperation (OIC) on Jammu and Kashmir at the UN Human Rights Council (UNHRC) on Tuesday. I

India came out strongly against the statement of the Organisation of Islamic Cooperation (OIC) on Jammu and Kashmir at the UN Human Rights Council (UNHRC) on Tuesday. India said the OIC has no locus standi to comment on the Kashmir issue, accusing Pakistan of "misusing the forum". India also reminded the Council that Pakistan has deliberately misused the OIC for its malicious propaganda against India, to divert attention from its own serious violations of human rights. This comes almost a week after India rejected Pakistan minister Shireen Mazari's criticism of the human rights situation in Jammu and Kashmir.

Rochelle Walensky, Director of the US Centers for Disease Control and Prevention (CDC) has warned that the US is at risk of losing its recent vaccine progress in the ba

Director of the US Centers for Disease Control and Prevention (CDC) has warned that the US is at risk of losing its recent vaccine progress in the battle against the Covid-19 pandemic with the new variants posing a 'real threat'. The spread of highly contagious coronavirus variants is threatening to fuel a "potential fourth surge of cases" in the US, CDC&nbsp;director Rochelle Walensky&nbsp;said. She said she was concerned by recent Covid-19 data. Health experts are particularly concerned about a few which appear to be more contagious, including those first detected in the UK, South Africa and Brazil. Walenksy emphasised that these variants are a threat to the people and the progress against the virus. Additionally, the CDC predicted that the highly contagious B.1.1.7 variant first found in the UK will become the dominant strain in the US this month.

Twitter has announced that it will be rolling out a strike system against users tweeting misleading information about the coronavirus vaccines.The social media giant in

Twitter has announced that it will be rolling out a strike system against users tweeting misleading information about the coronavirus vaccines. The social media giant introduced a 'strike system' that will gradually escalate to a permanent ban after the fifth offending tweet. The strike system is introduced to educate the public about the policies of Twitter and reduce the spread of potentially harmful and misleading information, Twitter said in a blogpost. The second and third strikes will each result in the violating account being blocked for 12 hours. With a fourth violation, an account will be sidelined for seven days. A fifth strike will get account permanently suspended, Twitter said.

Biden administration is preparing to impose sanctions on Russia for the poisoning and imprisonment of Kremlin critic Alexey Navalny, CNN reported. This would be Biden's

Biden administration is preparing to impose sanctions on Russia for the poisoning and imprisonment of Kremlin critic Alexey Navalny, CNN&nbsp;has reported. This would be Biden's first sanctions on Russia since commencing office. The United States will coordinate with the European Union to determine what the sanctions will entail and their exact timing, CNN reported&nbsp;citing two administration officials. A potential option is an executive order that would trigger sanctions on Russia for repeated attacks on US democracy, including the SolarWinds cybersecurity hack and placing bounties on US soldiers in Afghanistan, CNN wrote.

Overthrown Myanmar civilian leader Aung San Suu Kyi has been hit with two new criminal charges when she appeared in court via video link on Monday, a month after a Myan

Myanmar's overthrown civilian leader Aung San Suu Kyi has been hit with two new criminal charges when she appeared in court via video link on Monday.&nbsp;Myanmar military took over power a month ago&nbsp;triggering massive protests. Suu Kyi&nbsp;was already facing criminal charges for possessing unlicensed walkie-talkies, as well as violating coronavirus restrictions by staging a campaign event during last year's election. She is now also accused of a violation of communications laws as well as intent to incite public unrest, her lawyer Khin Maung Zaw said. The lawyer added that there was no certainty of how many more cases Suu Kyi&nbsp;will face further. Suu Kyi has been detained since February 1, and her appearance came as demonstrators took to the streets again across the country, protesting against the military coup and demanding the release of all the detained political leaders.

The Biden administration indicated that it has still not decided on ending the Trump-era ban on issuing new H-1B visas, with the Homeland Security Secretary Alejandro M

The Biden administration indicated that it has still not decided on ending the Trump-era ban on issuing new H-1B visas. Homeland Security Secretary Alejandro Mayorkas&nbsp;has asserted that its top priority is the acute needs of individuals fleeing persecution. Earlier in January, former US President Donald Trump had extended the ban on issuing new H-1B visas till March 31 arguing that the country is facing a very high unemployment rate. After commencing office, Biden has revoked dozens of the executive orders of Trump. However, the one that imposed a ban on issuing H-1B has still not been lifted and it will expire on March 31, if Biden does not issue a fresh proclamation.
&nbsp;

Moody's has changed it's outlook for Asian steel producers to negative. The revision is based on weaker profitability that's been hit by rising input costs . Moody's sa

Metal stocks slump as Moody's turns negative on Asian steel companies

Moody's has changed it's outlook for Asian steel producers to negative. The revision&nbsp;is based on weaker profitability&nbsp;that's been hit by rising input costs . Moody's says it expects limited impact from the US tariffs on steel imports. It also believes Indian steel demand will remain the strongest in the region but growth will&nbsp; dwindle to a mid - single digit clip.&nbsp;

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'You were on vacation': Amit Shah slams Rahul Gandhi over 'fisheries ministry' remark

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