State of IKonomy
PTI SUPPORTERS say the economy is better off now than before and on to durable growth, although some have used iffy data. Many cheer an all-time high tax revenue of…
Captain & captains
IN this piece, I cover the new kid on the bloc — the PTI and its captain — and an aged elephant in the room. The Bhuttos are landed elites,…
New ASML boss Fouquet must navigate US/China chip war
ASML’s new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe’s biggest tech company through the US/China “chip war”, while maintaining the group’s lead over rivals…
Christians in India fearful as election looms
Church walls crumble in India’s Kandhamal district, where brutal attacks on Christians 16 years ago means many survivors still worry about their minority’s place in a Hindu-majority nation. With India’s…
Eni, Repsol to upgrade oil-for-debt deal with Venezuela
European oil majors Eni and Repsol plan to expand an oil-for-debt deal with Venezuela under US approval, aiming to supply refined products to state firm PDVSA and boost oil deliveries…
Russian oil sold to India below price cap in buyers’ market
Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought barrels at well below…
Russian oil sanctions fuel boom for old tankers
The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in Russian crude. As Western shipping and maritime services firms…
Chinese defence firm has taken over lifting Venezuelan oil for debt offset
China has entrusted a defence-focused state firm to ship millions of barrels of Venezuelan oil despite US sanctions, part of a deal to offset Caracas’ billions of dollars of debt…
As wheat prices soar, the world’s consumers vote with their feet
Global wheat consumption is headed for its biggest annual decline in decades as record inflation forces consumers and companies to use less and replace the grain with cheaper alternatives, amid…
India’s Russian coal buying spikes as traders offer steep discounts
India’s purchases of Russian coal have spiked in recent weeks despite global sanctions on Moscow, as traders offer discounts of up to 30 percent, according to two trade sources and…
