Milltrust Alert – Selected Insights from the Emerging Markets and Around the Business

Key Story

The arrest of Huawei Technologies Co.’s chief financial officer, Meng Wanzhou, has thrown a spanner in the works for the prospect of improving relations between the U.S. and China.

There is a debate raging in Beijing on whether the country should continue with trade talks, or see the move as part of a wider American campaign against China and retaliate accordingly.

Either way, the U.S. is continuing to make things hard for companies and countries that threaten its global tech dominance.

KEY SOUNDBITES

• CLIMATE: Climate change “greatest threat” UN told.

• CHINA: China has a secret weapon in the race to dominate electric cars.

• INDIA: An elephant starting to run‘: With China’s economy slowing, all eyes turn to India in search of growth.

• BRAZIL: Market Gives Brazil Till JuneTo Save Itself

• OIL: OPEC Agrees on Larger-Than-Expected Oil Cut After Marathon Talks

• AMERICA: American companies have been splurging on buybacks, dividend payments.

KEY INVESTMENT

Dr. Reddy’s Laboratories is an Indian multinational pharmaceutical company based in Hyderabad, Telangana, India. The company was founded by Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited, of Hyderabad, India.