In a significant development, Romania, a NATO member, has grounded its entire fleet of MiG 21 LanceR fighter aircraft and will speed up a planned purchase of second-hand F-16s from Norway, said its defence ministry. The Russia Ukraine war is… Read More ›
Entrepreneurship
Several buyers will pay for Russian LNG in Rubles: Alexander Novak
In a statement Russian Deputy Prime Minister Alexander Novak said, several buyers have approached Moscow to buy gas and have agreed to pay in Rubles. He went on to add, “We expect the decision (to switch to roubles) from other… Read More ›
Grains rotting away on blockaded Ukrainian ships: Ukrainian Farm Minister
In a statement Ukrainian Farm Minister said, nearly 1.25 million tonnes of oilseeds and grains, loaded on commercial vessels are rotting away in Ukrainian seaports with Russia enforcing a blockade. Before the war, Ukraine used to export the bulk of… Read More ›
Delete fake new content or face fine: Russian court to Google
As per a report from Interfax, a Russian court has told Google and Wikimedia Foundation to delete “fake” information regarding the Ukraine conflict or face fines. On Thursday, Russian communications watchdog had told Google it would face fines over its… Read More ›
Japan and Canada provides Ukraine financial assistance
In a statement Ukrainian Prime Minister Denys Shmygal said, Ukraine has agreed to the Japanese & Canadian proposal and will receive 13 billion yen in financial support from the Japanese government and 500 million Canadian dollars from Ottawa. “These are… Read More ›
France will provide housing family benefits to Ukrainian refugees
In a statement French Interior Minister Gérald Darmanin said, Paris will provide housing and family benefits to Ukrainian refugees once the emergency lodging phase is over. France will provide displaced Ukrainian refugees the right to access aid for personal housing… Read More ›
Wells Fargo’s Earnings Tops Expectations, But Revenue Falls Short
Wells Fargo & Co reported a 21 per cent reduction in first-quarter profit, but topped Wall Street projections, as cash set aside to cover potential pandemic-related loan losses were released, cushioning a drop in mortgage lending. According to Refinitiv data, the… Read More ›
Elon Musk Says He’s ‘Not Confident’ He’ll Be Able To Buy Twitter Despite A $43 Billion Offer
Billionaire Elon Musk, the CEO of Tesla, admitted at the TED2022 conference in Vancouver that he is “not convinced” he will be able to purchase Twitter. Hours earlier, a regulatory filing indicated that he had made a bid to buy… Read More ›
As Prices Rise, India’s Central Bank Shifts Its Priority From Growth To Combatting Inflation
Analysts told CNBC that inflation in India has risen dramatically and that there are signals that it will continue to rise. Retail inflation jumped 6.95 per cent in March from a year ago, according to data provided by India’s Statistics… Read More ›
Mercedez-Benz EV completes 1000km drive on single charge
In a statement the Chief Technology Officer of Mercedes-Benz said, the company aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles); this is more than a third more efficient than the… Read More ›