Can Jonah Peretti Save BuzzFeed From Extinction?
Facing financial straits, the founder is betting on a skunkworks for A.I. experiments. Source link
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Asian stocks today: Markets mixed, oil falls to $107 as Iran war risks persist; US Futures up
Asian markets showed a mixed performance on Friday, following modest losses on Wall Street and a retreat in oil prices after a sharp spike triggered by escalating Iran-Israel tensions.Oil had a volatile session on Thursday, with Brent crude briefly hitting $119 per barrel after Iranian attacks on Gulf energy facilities followed Israel’s strike on a…
How Geopolitics Threaten K-Pop’s Ambitions in China
Japanese members of some K-pop bands have been absent from recent concerts in China. Experts say that’s linked to tension between Tokyo and Beijing. Source link
Strait Of Hormuz: ‘Direct consequences on economy’: Indian envoy to UK on Strait of Hormuz disruption amid Iran war
India has condemned attacks on commercial shipping in the Strait of Hormuz, calling them “unacceptable,” as the International Maritime Organization (IMO) urged coordinated action to safeguard civilian vessels in the Gulf region.Addressing the 36th extraordinary session of the IMO Council in London on Thursday, Vikram Doraiswamy, India’s ambassador to the UK, emphasised New Delhi’s commitment…
LPG crisis: India turns to US to secure supplies as Strait of Hormuz disruptions continue to bite; shipments rise
There is a chance that North American LPG will gain a stronger foothold in the Indian import mix. (AI image) India is turning to the US to mitigate its ongoing LPG supply crisis as the war rages on in the Middle East. India gets around 60% of its LPG needs from the Gulf region, and…
Scramble for Jet Fuel Shows How Energy Shortages Are Rippling Across Asia
As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies. Source link
Rupee breaches 93 per dollar for first time amid Iran war oil shock; down 19 paise in early trade
The rupee fell to a record low of 93.12 against the US dollar on Friday, pressured by rising global uncertainty and higher crude oil prices amid the ongoing Iran war.The domestic currency declined 0.55% to breach its previous low of 92.63 recorded yesterday, extending losses to nearly 2% since tensions in the Middle East escalated….
How the Iran War Narrowed Flight Corridors Between Europe and Asia
One of the few paths left between the two continents threads through Azerbaijan, Georgia and Turkey, as global conflicts complicate aviation logistics. Source link
SBI MF files draft papers for 13k cr IPO
MUMBAI: SBI Mutual Fund, the largest fund house in India, on Thursday filed for its much-awaited public offering, expected later in the year. Through this offer, the two sponsors of the fund house-SBI and Amundi (of France)-are selling 6.3% and 3.7% stakes, respectively.The two sponsors of the fund house are expected to garner a total…
Oil Falls and Stocks in Asia Hold Steady
Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies. Source link