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Rising price warfare in India has hurt Jet which competes with no-frills, low-cost carriers like InterGlobe Aviation Ltd’s (INGL.NS) IndiGo and SpiceJet Ltd. (SPJT.BO) white cufflink shirt uk online. Jet Airways has five categories of economy fares with different levels of benefits. It had already started phasing out free meals on the two lowest categories of economy fares. And it will now stop providing meals for two more categories from Jan. 7. The changes will not affect business class passengers in India nor all classes on international flights..
Jet Airways, which owes money to vendors and employees, is struggling to stay afloat and is seeking funds by raising equity and selling a stake in its loyalty program white cufflink shirt uk online. The airline is also cutting flights on some routes and increasing frequencies on others to boost profit. The survival of 25-year-old Jet Airways, founded by entrepreneur Naresh Goyal, is crucial for the companies from which it leases over 100 of its fleet of 124 planes. The airline also has 225 Boeing Co (BA.N) 737 MAX jets on order..
WASHINGTON (Reuters) – U.S white cufflink shirt uk online. President Donald Trump on Monday said U.S.-China relations had taken a big step forward over the weekend after he and Chinese President Xi Jinping agreed to hold off on new tariffs, and urged Beijing to finalize a trade deal with Washington. “My meeting in Argentina with President Xi of China was an extraordinary one. Relations with China have taken a BIG leap forward! Very good things will happen. We are dealing from great strength, but China likewise has much to gain if and when a deal is completed. Level the field!” Trump tweeted..
HONG KONG/NEW YORK (Reuters) – Tencent Music Entertainment launched its hotly-anticipated U.S. initial public offering (IPO) of up to $1.2 billion on Monday after global stock markets were boosted by a truce brokered by U.S. and Chinese leaders in their trade conflict. The music arm of tech giant Tencent Holdings is looking to raise between $1.07 billion and $1.23 billion in a New York Stock Exchange IPO, according to a filing with the U.S. Securities and Exchange Commission white cufflink shirt uk online. The company originally planned to launch its offering in mid-October, Reuters previously reported..
But it then decided to delay the IPO over worries the steep global stock market sell-off in the past few months would affect the pricing. The decision by China and the United States to call a 90-day hiatus on their trade war over the weekend sent Asian shares soaring on Monday as markets breathed a sign of relief that tensions would ease, at least temporarily. The music streaming giant is selling 82 million American Depositary Receipts (ADRs) in a range of between $13 and $15 each, according to the filing white cufflink shirt uk online.