United Airlines will cut more unprofitable flights over the next two quarters as it braces for a prolonged period of elevated jet fuel prices linked to the war involving Iran. However, strong travel demand continues to allow US carriers to raise fares.In a staff memo on Friday, chief executive Scott Kirby said the airline is…
The United States is fighting Iran on the battlefield, and turning to its oil to keep the global economy afloat. As war in the Middle East chokes supplies through the Strait of Hormuz and sends prices soaring, the Donald Trump administration has begun easing restrictions on Iranian crude, allowing allies to buy the very resource…
Pakistan PM Shehbaz Sharif (ANI file photo) (Used for representational purpose) Pakistan on Friday rejected US claims that its nuclear arsenal and missile capabilities pose a threat to America, while highlighting India in its rebuttal. Islamabad insisted its nuclear program is “centred on deterrence” with respect to its neighbour and nuclear-armed India.The Pakistani government also…
The upcoming World Trade Organisation (WTO) ministerial conference will discuss key issues such as agriculture, the 28-year moratorium on e-commerce transmissions, fisheries subsidies, and a China-led Investment Facilitation for Development (IFD) proposal. Trade ministers from 166 economies will meet in Yaoundé, Cameroon, from March 26 to 29 for the fourteenth ministerial (MC14), with limited outcomes…
ANI image As India welcomed the arrival of three crude oil tankers at its ports that travelled through the Strait of Hormuz, two more vessels are scheduled to arrive in the coming days. The move signals cautious easing in the maritime movement of vessels despite ongoing tensions in the region.According to Reuters, two Indian-flagged LPG…
Nvidia CEO Jensen Huang has now dismissed the prediction about massive AI-driven unemployment countering warnings from tech leaders like Anthropic CEO Dario Amodei and AI pioneer Geoffrey Hinton. According to a report by Fortune, speaking in a December interview with podcast host Joe Rogan, Huang mentioned that he does not foresee a sudden spike in…
A Kerala court has handed a life sentence to G Sandeep, a 42-year-old teacher, for the brutal murder of Dr Vandana Das in May 2023 KOLLAM: A Kerala court on Saturday sentenced G Sandeep, a 42-year-old school teacher, to life imprisonment for the sensational murder of Dr Vandana Das at Kottarakkara Taluk Hospital in May…
Foreign portfolio investors continued to withdraw from Dalal Street this week, with net outflows amounting to Rs 35,475 crore, as Middle East tensions caused ripples across global markets and weakened investor sentiments. The persistent outflows indicate that foreign investors are adopting a more cautious stance amid an uncertain global environment, with elevated crude oil prices…
As the US temporarily eases sanctions on Iranian oil imports, Indian refiners are eyeing a resumption of crude purchases from Tehran.According to Reuters, several Indian refining companies are awaiting government direction and clarification from Washington on payment terms before finalising shipments. Watch HUGE VICTORY For Iran? U.S. Forced To Lift Oil Sanctions Under Global Pressure;…
Google CEO Sundar Pichai recently shared an online post announcing that the company has reached a new milestone in managing electricity use in data centres. In an X post, Sundar Pichai said “Google is now the first cloud provider to integrate 1 GW of flexible demand into long-term utility contracts”. “Our ability to shift or…