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World news
How could Russia seizing Zaporizhzhia nuclear plant impact the world?
March 04, 2022 04:56 AM EST| By Sundeep RadeshHighlights Russian shelling set a five-story building ablaze while one of the six nuclear power units was working The fire was subsequently put out and Russia is now in possession of Europe’s biggest nuclear power plant Ukraine President.....
Plastic pollution: UN makes 'historic' move toward global pact
March 04, 2022 12:47 AM EST| By Aditi SahaHighlights UN is all set to develop the world's first plastic pollution treaty, hailed as the most crucial multilateral climate agreement since the historic 2015 Paris treaty. World leaders have agreed to develop a treaty to deal with the issue.....
US stocks wobble as commodity prices hit 14-year high, KR, BBY surge
March 03, 2022 05:46 PM EST| By Versha JainUS stocks closed lower on Thursday, March 3, after commodity prices hit a 14-year high amid Black Sea curbs and the unfolding humanitarian crisis unleashed by the Russia-Ukraine war. Oil prices jumped to US$116 a barrel in intraday trading, the high...
Why did Russia invade Ukraine?
March 03, 2022 12:11 PM EST| By Sundeep RadeshOn February 24, Russia began a military invasion into Ukraine. While it was not surprising it was shocking, given the relative peace Europe had been in for nearly a century. But how did we get here? To get to the bottom of that, let’s backtra.....
Russian billionaire loses mega yacht ‘Dilbar’ on Ukraine invasion
March 03, 2022 04:02 AM EST| By Khushboo JoshiHighlights German authorities have seized a Russian billionaire owned superyacht. The superyacht – Dilbar, was custom built in more than 52 months and is the world’s largest yacht valued at around US$600 million. The US is ta.....
US indices retreat as Russia bombs Ukraine; TGT, ACI stocks rally
March 01, 2022 05:24 PM EST| By Versha JainWall Street’s major indices fell sharply on Tuesday, March 1, after Russia intensified bombings in Ukraine, raising the spectre of a violent attack as the world watched the events in horror. Oil prices climbed again above the US$100 per barrel...
Australia floods: Received 6,700 claims, early to gauge financial hit, says IAG
February 28, 2022 08:04 PM EST| By AshishHighlights Insurance Australia Group has said that it had received nearly 6,700 claims related to floods-hitting south-east Queensland and northern New South Wales. On Monday, another major Australian insurance major Suncorp said that it had re.....
What happened at Beijing Olympics 2022?
February 28, 2022 07:54 PM EST| By Toshiva JainThe winter sports gala that began on February 4 ended on February 20. This year the Winter Olympics took place in Beijing, China. In the midst of the Olympics, several athletes and coaches had complained about the food, training equipment and harsh.....
Energy giant BP exits Russian Rosneft grieved by Ukraine invasion
February 27, 2022 11:29 PM EST| By Sukriti NairHighlights British energy giant BP to exit from Russian Rosneft in response to Russian attacks on Ukraine. BP believes the Russian exit is in best long-term interest of all its shareholders. BP’s exit puts the spotlight on other Western .....
US stocks rally on Russia’s openness for Ukraine talks; SQ, ETSY climb
February 25, 2022 06:55 PM EST| By Versha JainBenchmark US indices rallied for the second-consecutive day on Friday, February 25, after Russia agreed to high-level talks with Ukraine the day after the military raids began. The S&P 500 surged 2.24% to 4,384.65. The Dow Jones climbed 2.51% to...
Portugal’s EDP Renewables to make Singapore its APAC clean energy hub
February 25, 2022 03:37 AM EST| By Sukriti NairHighlights Portugal’s EDP Renewables invests SG$1.1 billion in Singapore’s Sunseap. EDPR looks forward to making Singapore its APAC region clean energy hub. EDPR and Sunseap to reap synergy benefits of Singapore Green Plan 2030. .....
Here’s why Ukraine is so important for Russia and the West
February 24, 2022 01:35 AM EST| By Sukriti NairHighlights Russia will begin military operations in Eastern Ukraine, announced President Putin today Europe and West would bear the brunt of Putin’s move as supplies from Russia and Ukraine might get impacted. Russia-Ukraine crisis can p.....
Russia declares war on Ukraine: How Biden & other world leaders are reacting
February 24, 2022 12:19 AM EST| By Khushboo JoshiIn a significant development, Russian President Vladimir Putin today (February 24) announced a ‘special military operation’ in Ukraine. Putin has also warned other nations that if they try to interfere with this Russian activity, it wou.....
Russia announces ‘military operation’ in Ukraine, warns West
February 23, 2022 11:09 PM EST| By Bhawna GuptaRussia will begin military operations in Eastern Ukraine, according to Russian President Vladimir Putin, in what appears to be the final build-up to an attack that the US and its European allies have been trying to avoid for weeks through diplomati.....
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US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers
February 23, 2022 06:06 PM EST| By Versha JainBenchmark US indices retreated for the second-consecutive day on Wednesday, February 23, after Ukraine declared a state of emergency and asked citizens to immediately leave the territory as a Russian military offensive on Kiev was ‘imminent&rsq...
What sanctions has Canada imposed on Russia over Ukraine crisis?
February 23, 2022 11:41 AM EST| By Sundeep RadeshHighlights Canada will be sending 460 more troops to Latvia to bolster Nato forces there Prime Minister Justin Trudeau called Russia’s actions ‘brazen provocations’ Canada’s sanctions are not too different from the US&r.....
Ukraine crisis: What Western sanctions mean for Russia?
February 22, 2022 11:56 AM EST| By Sanjeeb BaruahThe United States and its allies are considering a series of sanctions against Moscow in the wake of the Russian annexation of the two “breakaway” regions of Ukraine this week. President Vladimir Putin on Monday ordered troops into Don.....
Apple supplier Luxshare plans to raise US$2.1B for expansion plans
February 22, 2022 02:09 AM EST| By Bhawna GuptaHighlights Apple supplier Luxshare plans to issue a total of 2.1 billion shares to up to 35 investors. The new share issue is subject to shareholders and regulatory approvals. The company will use the money to manufacture intelligent wearable .....
Crypto firm Amber Group gets a Temasek valuation of US$3B
February 22, 2022 12:22 AM EST| By Sukriti NairCrypto firm Amber Group has bagged in a valuation of US$3 billion from investment company Temasek. Amber group has raised US$200 million in its recent funding round led by the Singapore based Temasek. Besides Temasek, Sequoia China, Tiger Global Ma.....
US stocks edge lower again on war fears; ROKU, DKNG fall sharply
February 18, 2022 06:43 PM EST| By Versha JainBenchmark US indices closed the session lower for the second-consecutive day on Friday, February 18, amid Ukraine border tension and weak forecasts by companies. The S&P 500 declined 0.72% to 4,348.87. The Dow Jones fell 0.68% to 34,079.18. The...
