Video: Fire erupts at Russia’s Tuapse refinery after Ukraine drone attack, nearby buildings evacuated

A Ukrainian drone attack triggered a “large-scale fire” at Russia’s Tuapse oil refinery on the Black Sea, forcing the evacuation of nearby buildings, Russian officials said on Tuesday.The refinery, owned by Rosneft, had already suspended operations since April 16 following an earlier drone strike, according to industry sources. It mainly supplies oil products for export.Reuters…

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VinFast divests mfg unit in $530M restructuring deal

VinFast has announced a major restructuring exercise involving its manufacturing business in Vietnam in a deal valued at around USD 530 million (approximately VND 13.3 trillion). The move is aimed at improving capital efficiency, reducing debt burden and helping the EV maker move faster towards profitability.As part of the restructuring, VinFast will separate its manufacturing…

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Nikhat Zareen: Nikhat Zareen must win assessment test for place in CWG, Asiad squad: India coach Santiago Nieva | Boxing News

Nikhat Zareen. (PTI Photo) Indian women’s boxing is going through an interesting churn — the rise of fearless young contenders with concerns over dip in form of seasoned stars Nikhat Zareen and Lovlina Borgohain. As the countdown to major events like the CWG and Asian Games gathers pace, head coach Santiago Nieva reflects on the…

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Explained: What is the Voluntary Retirement Programme that Microsoft is offering to its 8500-plus employees

Microsoft is offering voluntary retirement to roughly 7% of its US workforce—about 8,750 people out of 125,000 American employees. It’s the first time in the company’s 51-year history it has done anything like this. In previous years, when Microsoft needed to cut costs, it reached for layoffs: more than 15,000 jobs went last summer alone….

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