Gautam Adani loses Asia’s richest krone as share price slide deepens to $84 billion

BENGALURU, Feb. 1 (Reuters) – Indian magnate Gautam Adani lost his title of Asia’s richest person on Wednesday as a defeat in his conglomerate’s largest companies deepened to $84 billion in the wake of a short-seller report. A report from Hindenburg Research last week alleged the group’s improper use of offshore tax havens and stock … Read more

Exxon crushes Western oil company profits by $56 billion by 2022

HOUSTON, Jan. 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted a net profit of $56 billion for 2022, the company said Tuesday, taking home about $6.3 million an hour last year and not just a company record but also a historic high point for the Western oil industry. Oil companies are expected to break their … Read more

France hit by new wave of strikes against Macron’s pension reform

The reform would raise the retirement age to 64 Schools, transportation networks, refinery supplies are affected Macron: Reform vital to ensure the viability of the pension system SAINT-NAZAIRE, France, Jan. 31 (Reuters) – Striking workers disrupted deliveries to French refineries, public transport and schools on Tuesday during a second day of nationwide protests over President … Read more

Turkey’s advance in Iraq brings with it a deeper conflict

SARARO, Iraq, Jan. 31. (Reuters) – Three Turkish military outposts, towering over the abandoned village of Sararo in northern Iraq, pierce the skyline, part of a raid that forced residents to flee after days of shelling last year. The outposts are just a few of dozens of new military bases Turkey has established on Iraqi … Read more

Western allies disagree on jets for Ukraine as Russia claims gains

Biden says ‘no’ when asked about F-16s for Ukraine Zelensky says Moscow is seeking “big revenge.” Russian administrator claims foothold in Vuhledar Kiev could recapture ground if western weapons arrive – group KYIV, Jan. 31 (Reuters) – Ukraine’s defense minister will meet President Emmanuel Macron in Paris on Tuesday amid a debate among Kyiv’s allies … Read more

Ukraine calls for faster arms deliveries as Russia pushes its eastern offensive

Three killed in Russian attacks on governor of Kherson Russian troops bombard Vuhledar in the east again Zelenskiy calls on allies to speed up arms deliveries Zelensky is pressuring Macron to bar Russia from the Paris Games KYIV, Ukraine, Jan. 30 (Reuters) – Russian missile strikes killed three people in the southern Ukrainian city of … Read more

Oil runs for OPEC+, US Federal Reserve meetings

SINGAPORE, Jan. 30 (Reuters) – Oil prices fell on Monday, relinquishing previous gains as global producers are likely to leave production unchanged at a meeting this week and investors are cautious ahead of a meeting of the US Federal Reserve That Can Fuel Market Volatility. Brent crude oil futures fell 20 cents, or 0.2%, to … Read more

British Prime Minister Sunak sacks party chairman Zahawi over tax matters

Zahawi appeared not to have been open about tax investigations Independent consultant finds serious violations of the code Investigation into deputy prime minister is ongoing Scandal damages Prime Minister Sunak’s attempted reset LONDON, Jan. 29 (Reuters) – British Prime Minister Rishi Sunak on Sunday sacked Conservative Party chairman Nadhim Zahawi after an investigation found he … Read more

Boeing’s 747, the original jumbo jet, prepares for its final departure

Last 747 freighter delivered to Atlas Air Ends more than five decades of commercial output Nearly bankrupted Boeing before it became a cash cow Easy to fly, says rock star pilot Bruce Dickinson SEATTLE/PARIS, Jan. 29 (Reuters) – Boeing’s (BA.N) 747, the original and arguably most aesthetically pleasing “Jumbo Jet”, revolutionized air travel but saw … Read more

Italy’s Eni signs an $8 billion Libyan gas deal as Prime Minister Meloni visits Tripoli

ROME/TRIPOLI, Jan. 28 (Reuters) – Italian energy company Eni and Libya’s National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday to boost Europe’s energy supply despite insecurity and political chaos in the North African region. country. The deal, signed during a visit to Tripoli by Italian Prime Minister Giorgia Meloni, aims … Read more