Trump's pivot on Epstein files, JPMorgan's bet on Tata Capital, Wall Street's bloodbath, KEC International under pressure, and more

In today's newsletter, we take a look at Trump's pivot on the Epstein files, the Senate's vote for the release of the same files, Tata Capital's upgrade from JP Morgan and McDonald's slimming appeal among low-income earners. Here's all you need to know
Trump's pivot on Epstein files, JPMorgan's bet on Tata Capital, Wall Street's bloodbath, KEC International under pressure, and more
Trump's pivot on Epstein files, JPMorgan's bet on Tata Capital, Wall Street's bloodbath, KEC International under pressure, and more
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Published Nov 19, 2025   |   12:27 AM EST
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Dubai International Airport sees 70.1 million passengers so far this year; plans new airport


Dubai International Airport, the world's busiest for international travel, has seen 70.1 million passengers pass through its terminals so far this year, officials announced on November 19.


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Morgan Stanley bets on this new listing that has become a 'consensus buy'


Shares of LG Electronics India Ltd. will be in focus on Wednesday, November 19, after global brokerage firm Morgan Stanley initiated coverage on the stock. Morgan Stanley initiated coverage on LG Electronics India with an 'Overweight' recommendation and a price target of ₹1,864, which implies a potential upside of 15% from Tuesday's closing levels.


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JPMorgan recommends 'buying' this Tata Group stock for up to 15% upside


Brokerage firm JPMorgan has initiated coverage on newly listed Tata Group stock, Tata Capital Ltd. with an "overweight" rating on Wednesday, November 19.JPMorgan has a price target of ₹370 per share, which im


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KEC International stocks under pressure after nine-month exclusion from Power Grid tenders, contracts


Shares of KEC International Ltd. declined over 7% on Wednesday, November 19, after the company said it has been barred by Power Grid Corporation of India Ltd. from tenders issued by the state-run company for nine months.


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US Senate agrees to pass Epstein files bill approved by House


Donald Trump’s firm control of Washington showed signs of weakening on Tuesday as Congress voted to compel the Justice Department to release its files on sex trafficker Jeffrey Epstein, whose earlier ties to the President have been the subject of intense scrutiny.


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Donald Trump says he thinks he already knows the choice for next Fed Chair


President Donald Trump said he thinks he’s identified his choice to be the next chair of the Federal Reserve while asserting people are holding him back from firing the central bank’s current leader, Jerome Powell.


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Dow Jones falls 2,200 points in four-day losing streak ahead of Nvidia results, Fed minutes


The Dow Jones fell 500 points on Tuesday, taking the four-day losing streak to over 2,200 points. This is after the index recovered 200 points from the lows of the day. The S&P 500 and Nasdaq ended 0,8% and 1.2% lower, respectively, after having recovered 45 and 200 points from their respective lows of the session.


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KEC International barred from Power Grid Corporation tenders for 9 months


RPG Group firm and a global infrastructure major, KEC International Ltd, on Tuesday (November 18), said it has received a letter today from Power Grid Corporation of India Ltd (PGCIL) informing the company that it has been excluded from participating in PGCIL tenders and from receiving contract awards for a period of nine months starting November 18, 2025.


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McDonald’s sees sharp drop in low-income customers as price pressures bite


McDonald’s is confronting a troubling slide in its core customer base, as lower-income diners are pulling back significantly. According to the recent Yahoo Finance article, traffic among lower-income customers has fallen by nearly double digits.


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ED arrests Al-Falah Group Chairman Jawad Ahmed Siddiqui in PMLA case: Sources


The Enforcement Directorate (ED) on Tuesday arrested Jawad Ahmed Siddiqui, chairman of the Al Falah group, in a money-laundering case linked to the Al Falah Charitable Trust, sources told CNBC-TV18.


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Tech giants get hammered in Nvidia-led stock slide


Equities extended their drop into a fourth straight day, with the S&P 500 down over 1%. Ahead of Nvidia Corp's results, the shares sank 3%. The bar keeps getting higher for the chipmaker and its fellow megacaps to convince investors that the billions of dollars spent on artificial intelligence will pay off.


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