News
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Evaluate BP stake in Rosneft: Govt tells state-run energy companies
The call on Indian companies to explore buying the stake in Rosneft came after BP CEO Bernard Looney met Indian oil minister Hardeep Singh Puri in March. While Western nations have imposed sanctions against Russia over the war in Ukraine, India has not explicitly condemned Moscow's actions there
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Musk offloads $4 billion in Tesla shares after Twitter deal
Following these sales, Musk, the world's richest person, holds just over 168 million shares in Tesla, via a trust
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Europe approves new tech laws, US falls further behind
The United States may be the birthplace of the iPhone, Google, and even the so-called metaverse, but global leadership on tech regulations is taking place more than 3,000 miles from Washington, by European leaders who have been able to agree on basic online protections for their 450 million or so citizens of the bloc
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UNSC to examine possible war crimes by Russia
Despite the quick and collective effort to gather evidence in Ukraine, experts say that the formation of war crimes trials and convictions, if they ever occur, could most likely take years
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India's heatwave is disrupting industrial activity
At least three states have scheduled power cuts for factories to manage surging power demands, after the hottest March on record in India
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10 football pitches of pristine rainforest lost per minute in 2021
Researchers calculated that the loss of tropical primary forest in 2021 resulted in the release of 2.5 gigatonnes of carbon dioxide into the atmosphere, equivalent to the annual fossil fuel emissions of India
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Can movie theaters save Netflix?
With box offices bouncing back from the Covid-19 pandemic, and Netflix stock plummeting after its first loss of subscribers in a decade, industry trade body head predicts movie theaters could even help the streaming giant adapt to an uncertain future
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Cash-strapped Sri Lanka to sell 'golden' visas
Foreigners who deposit a minimum of $100,000 locally will be granted permission to live and work in Sri Lanka for 10 years under the "Golden Paradise Visa Program", in a desperate need for foreign currency in the island nation
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EU won't bend to gas 'blackmail' as Russia pushes deeper into Ukraine
Moscow cut off gas supplies to Bulgaria and Poland, two EU and NATO members backing Ukraine in the conflict
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Alphabet profit drops 8% as ad growth slows
Slowing growth in advertising on YouTube and search as well as a decline in the value of its investments dragged down profits of Google parent
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Elon Musk-Twitter deal includes $1 billion break-up fee
If the $44-billion deal to buy out Twitter falls apart, either side may have to pay the other $1 billion, securities filing shows