A trade war looms between the US and China. Expert Shaun Rein believes China can endure economic hostilities better than the US. He criticizes US policy as inconsistent and driven by personal motives. China has reduced its reliance on the US, diversifying trade and investments. Beijing holds leverage, potentially impacting the US dollar’s global role.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with