US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) In a move that is possibly aimed at reducing trade issues with the Donald Trump administration, India has stepped up its crude oil imports from the US substantially. Crude imports in the month of October have hit…
As more than one million government employees go without pay, many are turning to side jobs and food banks to make ends meet. Source link
A small group of Tesla mechanics in Sweden has spent two years on the picket lines in a rare and escalating confrontation with one of the world’s most powerful carmakers. Around 70 workers at Tesla’s service centres walked out in October 2023, demanding that the company sign a collective bargaining agreement — a cornerstone of…
Investors sent major global indexes higher on optimism that President Trump and China’s top leader, Xi Jinping, could reach a wider agreement this week. Source link
The American economy may look healthy on paper. Wall Street is roaring, Silicon Valley is buzzing with AI optimism, unemployment is steady, and GDP is rising. But billionaire investor Ray Dalio says this apparent prosperity hides a deeper imbalance. The US, he argues, is becoming dangerously dependent on a small, highly productive elite, while the…
The Italian region has lacked hotels worthy of its many charms, but a new crop of boutique lodgings and converted estates have opened. Here, stylish places to stay and explore. Source link
Representative image (AI-generated) Business sentiments in India moderated in the second quarter (Q2) of FY 2025-26 after showing steady improvement over the past three quarters, according to a new report by the National Council of Applied Economic Research (NCAER).The decline comes amid high global uncertainties, including additional US tariffs and ongoing trade tensions, the think…
Warning signs in crucial money markets have raised the prospect that the central bank will soon stop reducing its portfolio of government debt and mortgage bond holdings. Source link
Representative image (AI-generated) Japanese luxury beauty company Shiseido is planning to start manufacturing in India as part of its expansion strategy.It will be joined by global peers such as Estée Lauder Companies and The Body Shop, which are also exploring local production to tap into the world’s fastest-growing beauty market.Sanjay Sharma, country head of Shiseido…
Several of the leaders President Trump will encounter are either autocrats or presiding over fragile democracies. And some admire his willingness to break the rules. Source link
