Record high imports of crude oil from Russia in fiscal 2022-23 helped India’s refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed. Access to cheap Russian crude has boosted output and profits at Indian refineries, enabling them to export…
Five children drowned on Wednesday in a water tank inside a temple in Chennai, the capital of Tamil Nadu state in southern India, broadcaster NDTV reported, in the second deadly incident in a temple this week in the South Asian country. An investigation is being conducted into the Chennai incident, which took place during…
Apple Inc (AAPL.O) is set to open its first official retail store in India’s financial hub of Mumbai, the iPhone maker said on Wednesday. The Cupertino, California-based company launched an online retail store in India in 2020. Its 2021 plans for the launch of an offline retail store in the country were delayed due to the COVID-19 pandemic. Apple products have…
Indian opposition parties on Wednesday condemned the removal from some schoolbooks of references to how independence hero Mahatma Gandhi’s pursuit of Hindu-Muslim unity angered some Hindu extremists and led to his assassination. The new edition of a political science book for 17-18 year olds, published by the autonomous National Council of Educational Research and…
Switzerland has instructed Credit Suisse (CSGN.S) to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether already those already paid out can be recovered, the Federal Council said on Wednesday. Under Swiss banking law, the Federal Council can impose bonus-related measures on a systemically important bank…
The husband of former Scottish leader Nicola Sturgeon has been arrested as part of an investigation into the funding of the governing pro-independence Scottish National Party. Police Scotland said on Wednesday a 58-year-old man had been “arrested as a suspect” and its officers were carrying out searches at a number of addresses linked to the…
Apple Inc AAPL. on Wednesday said that more of its supply chain is committing to use renewable energy in producing the company’s iPhones, Macs and other products. Apple said suppliers are supporting 13 gigawatts of active renewable energy projects, up from 10 gigawatts last year. Apple suppliers have made commitments to support an eventual total of…
Brandon Johnson was elected Chicago mayor on Tuesday, according to the Associated Press, defeating Paul Vallas in a runoff between two Democrats to take over a city grappling with crime, an issue that dominated the race. Johnson, a 47-year-old Cook County Commissioner, becomes the 57th mayor of the third-largest U.S. city, after incumbent Lori Lightfoot…
Washington state’s government said on Tuesday it had purchased a three-year supply of abortion pill mifepristone as a Texas judge mulls a nationwide ban on the medication’s sale. The state’s Democratic governor directed its Department of Corrections, which has a pharmacy license, to purchase the medication last month, a government statement said. The full shipment…
Former President Donald Trump was charged on Tuesday with 34 felony counts of falsifying business records in a historic case over allegations he orchestrated hush-money payments to two women before the 2016 U.S. election to suppress publication of their sexual encounters with him. Prosecutors in Manhattan accused Trump, the first sitting or former U.S. president to face…
