Trump-Musk rift widens over electric vehicle tax credit cut

US President Donald Trump publicly criticised Elon Musk on Thursday, saying he was “very disappointed” with Musk’s stance against the Republican-backed spending bill | Photo Credit: REUTERS/Nathan Howard  President Donald Trump lashed out on Thursday against Elon Musk, saying he was “disappointed” by the billionaire’s public opposition to the sweeping tax-cut and spending bill that is…

Trump administration sanctions International Criminal Court judges | Donald Trump News

The administration of President Donald Trump has followed through with a threat to sanction officials on the International Criminal Court (ICC), naming four judges whom it accuses of taking “illegitimate and baseless actions” against the United States and its allies. On Thursday, US Secretary of State Marco Rubio announced the sanctions in a sharply worded…

FPIs turn adventurous, focus on high yielding debt

Rather than commit funds to G-Secs with low spreads and limited upside, FPIs are increasingly eyeing corporate bonds that offer higher yields and better risk-adjusted returns.  | Photo Credit: iStockphoto In their quest for higher returns from India’s debt markets, foreign portfolio investors (FPIs) have become adventurous and are turning towards high yield, low rated…

Trump and Musk enter bitter feud

Anthony Zurcher North America Correspondent Reporting fromWashington DC Trump: “I’m very disappointed in Elon” What happens when the richest person and the most powerful politician have a knock-down, drag-out fight? The world may be about to find out. A disagreement between Elon Musk and Donald Trump started at a simmer last week, began bubbling on…