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Iranian parliamentarians are drafting a bill that could lead to Tehran's withdrawal from the Nuclear Non-Proliferation Treaty, despite the nation's repeated denial of pursuing nuclear weapons. This consideration follows recent Israeli attacks and an IAEA resolution criticizing Iran's compliance with the NPT. The foreign ministry spokesperson highlighted that these events influence Iran's strategic decisions.
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InCred Equities has turned selective on Indian equities, adding Camlin Fine Sciences and mid-sized banks to its high-conviction list while dropping Adani Ports and Cipla. The brokerages reshuffle comes amid slowing earnings momentum, even as broader markets rally on improving macroeconomic signals.
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Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has experience in the automotive industry. Kering hopes he can improve their performance. The company's shares have decreased in value. Gucci's performance has been underwhelming.
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