Indonesia ban on palm oil is affecting South Korean businesses. For more than 15 years, Mr Lee’s diner, a fried chicken shop near central Seoul, has held firm against raising prices, the export ban on Indonesia’s cooking oil is squeezing… Read More ›
Bread has been the lifeblood of society for generations. Riots and revolutions have erupted over the supply of this key dietary staple — and, more broadly, food prices, particularly in the Middle East and North Africa. Russia’s unjustified invasion of… Read More ›
Boeing revealed on Wednesday that it has lost $1.1 billion in costs connected to its deal with the Trump administration to convert two 747 jumbo planes to serve as Air Force One — and CEO Dave Calhoun said the aviation… Read More ›
According to sources, Vedanta Ltd is seeking 1,000 acres (405 hectares) of land from states along with other incentives as it prepares to sink in $20 billion to manufacture chips and displays. In February, the oil-to-metals conglomerate had said, it will… Read More ›
On Thursday, in a statement Indonesia’s navy said, it had seized two tankers carrying crude palm oil, palm olein and methanol for want of paperwork. The operation took place a day before a ban on palm oil export took effect…. Read More ›
From May 1, 2022, Ukraine’s Kherson region will start using the Russian Ruble as its official currency said, the region “military-civil administration”. According to Kirill Stremousov, Kherson administrator, the transition to the Russian Ruble will take up to four months,… Read More ›
In a statement the World Health Organization (WHO) said, earlier this week its members had agreed to gradually raise their mandatory fees starting from 2024, as part of a funding review which is seen as being very important the agency’s… Read More ›
In a statement, Germany’s top importer of Russian gas said, Russian LNG inflows into Germany are safe, despite the fact Moscow halted supplies to Poland and Bulgaria since transit volumes headed elsewhere have not been affected. Uniper’s CEO however noted,… Read More ›
In a significant development, a Delaware judge ruled that Tesla Inc’s Chief Executive Officer, CEO, Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker to acquire SolarCity Corp in 2016, when Musk was its chairman… Read More ›
With Facebook’s parent Meta reporting a profit ahead of Wall Street analysts’ estimate, shares of facebook surged by 20% since it defied low investor expectations. Meta’s CEO Mark Zuckerberg said, the company aims to scale back costs and was investing… Read More ›
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