Industry

Russia's Sokol Oil Delivery to India Faces Delay: Here's Why

Russia's Sokol Oil Delivery to India Faces Delay: Here's Why

The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay. The delivery of Russia's Sokol crude oil to the Indian Oil Corp (IOC) has reportedly faced a setback due to payment issues, causing shipment delays.


2 Cities in China Halt Heavy Industries to Combat Pollution

Two cities in northwestern China have implemented preventive measures to address an anticipated heavy pollution surge in the coming days.

US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve

The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.

Mexico Launches Army-Run Airline Mexicana, With First Flight to Resort of Tulum

Mexico launched its army-run airline on Tuesday when the new Mexicana de Aviacion airline's first flight took off from Mexico City.


Latest News

Russia Lacks Nearly 5 Million Workers This Year as Ukraine War Drains Its Labor Force: Report
Russia is reportedly grappling with a significant shortage of workers, with a deficit of around 4.8 million employees this year.
Shipping Giant Maersk to Resume Red Sea Voyages With US-Led Security Force in Place
Shipping giant Maersk has announced its readiness to resume sailing through the Red Sea following the launch of a US-led multinational naval operation.
China's Latest Crackdown on Video Games Triggers an $80 Billion Market Meltdown
China's announcement of draft rules aimed at curbing spending in online games and restricting incentives that encourage prolonged online engagement resulted in an $80 billion market selloff.
US Crypto Exchange Coinbase Gets Regulatory Nod in France
Cryptocurrency exchange Coinbase has successfully secured registration with France's financial markets regulator, paving the way for the US-based company to offer crypto services in the French market.
Nike Plans to Cut $2 Billion in Costs Over the Next 3 Years
Sportswear giant Nike has unveiled plans to slash costs by approximately $2 billion over the next three years.
Russia's Vladimir Putin Orders Seizure of Energy Assets From ‘Unfriendly’ European Countries
Russia's President Vladimir Putin has issued decrees granting the government to seize and forcibly sell multi-billion-dollar energy assets from European companies considered "unfriendly" to new state-approved owners.
Warner Bros. Discovery, Paramount Are in Early Talks to Merge: Report
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger. Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
Shipping Giants Maersk, Hapag-Lloyd Begin Rerouting Ships to Avoid Red Sea as Houthi Attacks Increase
Following a series of attacks on ships in the Red Sea by Iranian-backed Houthi militants, shipping giants Maersk and Hapag-Lloyd have rerouted their vessels, opting for the longer Cape of Good Hope route in South Africa.
Affirm Expands Partnership With Walmart for 'Buy Now, Pay Later' Self-Checkout Feature
Financial tech company Affirm has announced its expansion of services with Walmart to bring the company's flexible pay-over-time options to self-checkout kiosks in over 4,500 of the retailer's US stores.
Oil Giant BP Pauses All Tanker Transits Through Red Sea Due to Houthi Attack Fears
Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.
  90 91 92 93 94 95 96 97 98