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Author Articles
Russian Importers Seek Deals With India's Smaller Firms To Sidestep Sanctions
Russian importers are reaching out to small Indian businesses to secure fresh produce, auto parts, medical devices and other key goods that are growing scarce due to international sanctions, people familiar with the matter in both Russia and India said.
Hungary's Orban Says EU Summit Should Not Discuss Oil Sanctions Next Week
The EU's proposed new sanctions against Russia, including an oil embargo, should not be discussed at next week's summit of the bloc's leaders, Hungarian Prime Minister Viktor Orban said in a letter to the President of the European Council.
Two Senior Grab Executives Quit As Company Rejigs Unit To Stem Losses - Report
Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said.
eBikeGo And Log9 Partner To Launch 10 Minute Superfast Charging Technology
Dubbed as InstaCharge, the new charging tech will be used for eBikeGos upcoming electric trike or tricycle, the Velocipedo.
Vedanta To Finalize $20 Billion Indian Chip, Display Unit Site By Mid-June - Report
Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by mid-June and will have the first chip product ready in two years, its Chairman Anil Agarwal said on Wednesday.
Analysis-How The Ukraine Conflict Is Reshaping Global Oil Markets
Russia's invasion of Ukraine has reconfigured the global oil market, with African suppliers stepping in to meet European demand and Moscow, stung by Western sanctions, increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
EU, Resolving A Deadlock, In Deal To Cut Most Russia Oil Imports
European Union leaders agreed in principle on Monday to cut 90% of oil imports from Russia by the end of this year, resolving a deadlock with Hungary over the bloc's toughest sanction yet on Moscow since the invasion of Ukraine three months ago.
Mexico Accepts U.S. Request For Labor Probe Into Panasonic
Mexico's Economy Ministry has accepted a U.S. request to probe alleged labor abuses at a Panasonic auto parts plant in the northern border city of Reynosa, it said on Monday.
EU Leaders Agree "In Principle" On Russia Oil Embargo - Report
EU leaders have reached an agreement "in principle" on banning oil imports from Russia, European Commission chief Ursula von der Leyen said early on Tuesday.
Britain's Electric Car Charge Faces Battery Challenge
Britain risks falling behind in the race to establish an electric car industry if it can't build more battery factories - and quickly.
China Unveils Detailed Stimulus Policies To Support Virus-Hit Economy
China's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them.
Sri Lankan Woman Rickshaw Driver Has To Queue 12 Hours, Or More, For Fuel
Lasanda Deepthi, a 43-year-old Sri Lankan woman, plans her day around fuel queues.
EU Bans Most Russian Oil; Zelenskiy Calls Donbas Situation 'Extremely Difficult'
European Union leaders agreed to ban most imports of Russian oil to the 27-nation bloc as Ukrainian and Russian forces battled on the outskirts of Sievierodonetsk, the last city still held by Kyiv in Ukraine's strategic Luhansk province.
Israel Signs Major Trade Deal With Gulf State UAE
The council predicts there will be almost 1,000 Israeli companies working in or through the UAE by the end of the year doing business with South Asia, the Far East and Middle East.
Oil Prices Extend Gains After EU Bans Most Russia Oil Imports
European Union leaders agreed in principle to cut 90% of oil imports from Russia by the end of 2022
Global Refiners Falter In Efforts To Keep Up With Demand
Refiners worldwide are struggling to meet global demand for diesel and gasoline, exacerbating high prices and aggravating shortages from big consumers
India 10-Year Bond Yield Rises To 3-Week High; GDP Data In Focus
India's benchmark 10-year bond yield touched a three-week high in early trade, as global crude oil prices rose further raising concerns over the need for the central bank to tighten monetary policy to contain inflation.
Land Rover Defender 130 Debuts With Mild-Hybrid Engine Line-Up
The New Defender 130 measures over 5.3 m in length and offers seating for up to 8 people in an optional 2+3+3 layout.
Oil Jumps 4% As U.S. Gasoline Prices Hit Record High
Oil prices rose about 4% as U.S. gasoline prices jumped to a record high.
India Weighs Selling Part Of BPCL Instead Of Full Stake - Report
India is considering selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd after failing to attract suitors for the whole firm.
