Explainer: Who Controls Petroleum Prices?
Across the globe, oil remains a key component of the energy mix. In countries where crude oil is found in large quantities, they sell it …
International
Biden unveils pact with internet companies to reduce prices
Twenty internet providers, including Verizon (VZ.N), Comcast (CMCSA.O) and AT&T (T.N), have committed to cutting prices or increasing internet speeds for millions of lower-income U.S. …
US dollar hits 20-year high as risk aversion dominates
The US dollar was higher on Monday after reaching a twenty-year high as risk-off sentiment stemming in part from concerns over the Federal Reserve’s ability …
Airline body IATA sees industry recovery now in 2023
The head of the world’s biggest airline trade body said on Monday passenger traffic was recovering faster than expected and that, on average, the industry …
Treat Chinese firms fairly, China tells India
China on Monday urged India to ensure Chinese companies operating in India are not discriminated against, after Xiaomi said its executives there had faced threats …
Dubai received 630,000 health tourists in 2021
Dubai received 630,000 international health tourists in 2021, according to a report released by the Dubai Health Authority (DHA) during the ongoing Arab Travel Market …
‘We will win’, defiant Zelenskiy tells Russia on World War Two anniversary
Ukrainian President Volodymyr Zelenskiy said on Monday that Kyiv would defeat Russia’s invasion and not give up a single piece of land,as he marked victory …
Azaan: Mumbai mosques turn volume down after Hindu-extremists’ demands
Sitting in an office lined with books overlooking a giant prayer hall, Mohammed Ashfaq Kazi, the main preacher at the largest mosque in Mumbai, checked …
Emirates launches full Premium Economy Experience
Emirates airline unveils its full Premium Economy offering onboard and on ground, and announces it will open this highly sought-after cabin for sale from June …
Sri Lanka PM resigns after supporters run riot
Sri Lankan Prime Minister Mahinda Rajapaksa resigned Monday after dozens of people were hospitalised when his supporters armed with sticks and clubs attacked protestors. The …