Indian Airline Operators’ Stocks Under Pressure as Pakistan Conflict Escalates

Indian Airline Operators’ Stocks Under Pressure as Pakistan Conflict Escalates

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Airline, tourism, hotels stocks sink up to 7% as India-Pakistan conflict intensifies, demand concerns weigh

Travel and tourism stocks are likely to face selling pressure as escalating India-Pakistan tensions spark fears of cancellations and low demand.

Morning Brief: India-Pakistan Conflict Escalates & Trump DOJ Sues Blue States

Attacks between India and Pakistan move the two nuclear powers closer to war, President Donald Trump and Republicans sue Democrat-led states over restrictive energy laws, and live sports programming dominates viewing trends. It’s Thursday, May 8, and this is the news you need to know to start your day. Morning Wire is available on video! ...

Indian Hotel To Thomas Cook: Hotel Shares Decline As India-Pakistan Tensions Escalate

Shares of travel, tourism, and hospitality companies declined on Friday, as escalating tensions between India and Pakistan triggered broad fears of disrupted travel plans, lower tourism demand, and dampened discretionary spending.The selloff was fuelled by geopolitical uncertainty, after Pakistan launched heavy artillery shelling, drone, and loitering munition attacks overnight across key border areas, including Jammu and Kashmir, Punjab, and Ra…

DOJ vs. C&T - Legal Planet

As my UCLA Law colleague Ann Carlson described last week, Trump’s DOJ has filed two pretty extraordinary lawsuits against the states of Michigan and Hawaii trying to block those states — preemptively — from bringing suit against fossil fuel companies for climate harms.  As Ann points out, these DOJ suits are among the first salvos fired as a result of President Trump’s April 8 executive order targeting state and local climate efforts.  Californi…

Tensions between India and Pakistan have escalated sharply in recent days, with the two sides exchanging fire on the Line of Control in Kashmir, resulting in heavy casualties, with at least 36 people killed. The conflict stems from a terrorist attack on April 22 in the Indian-controlled Kashmir region, which killed 26 Indian tourists. India accused the Pakistan-backed armed group "Kashmir Resistance" of planning the attack and launched an airstr…