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Reliance diesel, jet fuel ships turn to Asia instead of Europe amid Iran warTwo fuel tankers from India's Reliance Industries, initially bound for Europe, have rerouted to Asia. This strategic shift capitalizes on s...- India's diesel exports to Europe probably surged to record in September, sources sayIndia's diesel exports to Europe likely reached an all-time high in September, driven by robust profits from European refinery maintenance ...
- Nissan seeks to delay supplier payments to free up cash, company emails showNissan Motor is reportedly seeking payment delays from some suppliers to improve its short-term finances. Facing a $4.5 billion net annual ...
- India's May diesel exports to SE Asia hit multi-year high on higher marginsIndia's diesel exports to Southeast Asia are projected to reach a four-year high this May. Traders are seeking better profits in Asia. High...
- World's biggest energy trading firms are returning to metalsThe shift comes as forecasters turn increasingly bullish on copper, aluminum and other metals, where long-anticipated production shortfalls...
- In virus-hit China, investors rush headlong into bonds and depositsRisk aversion is also prodding banks themselves to plough money into commercial paper, rather than corporate loans, complicating Beijing's ...
- What’s on Omnivore Managing Partner‘s plate: Bajra roti to keep him energised, almonds and walnuts for a sharp mindMark Kahn's plate has a lot of greens in the form of spinach, okra and ivy gourd.
- Surprise defaults may slow global stampede into China bondsState-owned miner Yongcheng Coal and Electricity Holding Group surprised investors and sparked a regulatory probe by defaulting this week o...
- Diageo writes down £1.3 billion on account of disruption caused by coronavirusImpairment charges are taken when the value of assets or goodwill is no longer fully recoverable or their ability to generate cash falls du...
- Diageo takes 772 mn pound write down for Indian market amid COVID-19World's leading spirits maker Diageo has taken a write down of 1.3 billion pound, including an impairment of 772 million pound for the Indi...
- At $78,000, Tesla's Model 3 is no longer the masses' dream come trueThe new price tag puts the electric sedan beyond reach of many consumers, and, by Musk’s own estimations, brings it closer to the realm of ...
- Apple's Tim Cook to Twitter's Dick Costolo, CEOs who took home a smaller pay for a reasonApple's Tim Cook took a 15 per cent pay cut from last year’s $8.7 mn after the company’s failure to meet its goals.
- Russia sells $11-B stake in Rosneft to Glencore, QatarGlencore said in a statement it would commit 300 million euros in equity, with the rest coming from the Qatar Investment Authority and bank...
- China's Letv to debut in Indian market next weekChinese company Letv will enter the Indian market next week with its range of products as it looks to cash in on the burgeoning smartphone ...
- Former Facebook employee Ivan Cash puts up official-looking 'No Tech Zone' signsThe signs are meant to make people question the amount of time they spend staring at their gadgets instead of interacting with friends.
- Diageo's net margin dips 200bps on USLLondon-based Diageo also said that margins will remain muted in its current fiscal due to a relatively weak pricing environment.
- Downgrade possible if financial metrics of RIL-LyondellBasell weaken: Moody’sMoody's said that downgrade is possible if financial metrics of RIL-LyondellBasell weaken. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ...
- Merger neutral for RIL's credit profile: Rating agenciesThe merger between the country's largest private sector firm, Reliance Industries, with its refining subsidiary will not have a significant...
- Moody's affirms RIL ratings on RPL merger; outlook stableMoody's Investors Service affirmed Reliance Industries’ 'Baa2 issuer and senior' unsecured ratings following the company's announcement tha...
- Latin America urges US to act fast to stem crisisLatin American finance ministers urged the US to act quickly to combat the swirling financial crisis that could reverse broad economic gain...
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