Russian oil discount shrinks 87% to $4/barrel as sellers game shipping, insurance to skirt G7 price cap
NEW DELHI: The love affair with Russian oil appears to be losing its charm for Indian refiners as discounts have shrunk to $4 per barrel from peaks of $25-30, with sellers going dark on shipping rates ...
Ant to buy back shares at 70% lower valuation than at IPO
Jack Ma-backed Ant Group Co is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the compan ...
India best-performing nation in South Asian region in terms of trade facilitation: UNESCAP
NEW DELHI: India is now the best-performing nation amongst all the countries of South Asian region in terms of trade facilitation, as per the United Nations Economic and Social Commission for Asia Pac ...
Bitcoin hits 13-month high
LONDON: Bitcoin hit its highest level in 13 months on Thursday rising as much as 3.28% to $31,500.The world's largest cryptocurrency has recently found support due to plans by fund managers, including ...
April-May finished steel imports from China at six-year high
NEW DELHI: India's finished steel purchases from China touched a six-year high in the first two months of the fiscal year beginning in April, according to provisional government data reviewed by Reute ...
Nato agrees to extend boss Stoltenberg’s term by a year
BRUSSELS: Nato decided on Tuesday to extend Secretary General Jens Stoltenberg’s contract by a further year, opting to stick with an experienced leader as war rages on the alliance’s doorstep rather t ...