By Estelle Shirbon, Natalie Thomas LONDON (Reuters) – Britain began its third COVID-19 lockdown on Tuesday with the government calling for one last major national effort to defeat the spread of a virus that has infected an estimated one in 50 citizens before mass vaccinations turn the tide. Finance minister Rishi Sunak announced a new package […]
Iran nuclear deal Iran has resumed enriching uranium to 20% purity, in its most significant breach yet of the 2015 nuclear deal with world powers. The global nuclear watchdog confirmed that the process had begun at the underground Fordo plant on Monday. Enriched uranium can be used to make reactor fuel but also nuclear bombs. […]
Tata Group has increased its stake in AirAsia India as it looks to increase its share of India’s airline industry. On Tuesday the company announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51% to 84%. AirAsia, owned by Malaysian tycoon Tony Fernandes, has been scaling back its operations during […]
Asia has a new richest person thanks to his vaccine-making firm and bottled water company. Zhong Shanshan has seen his wealth surge $7bn (£5.1bn) this year, helping him leapfrog India’s Mukesh Ambani and China’s Jack Ma. His is worth $77.8bn, making him the world’s 11th richest person according to the Bloomberg Billionaires Index. Nicknamed the […]
By Justin Harper Business reporter, BBC News A Chinese tycoon who died on Christmas Day was poisoned, Shanghai police say. Lin Qi, 39, was the chairman and chief executive of games developer Yoozoo, best known for the Game of Thrones: Winter Is Coming strategy game. The Shanghai police statement pointed to one of Mr Lin’s […]
Wants RBI to give performance details over the past five years Topics Comptroller and Auditor General of India | Reserve Bank of India | PSU bank recapitalisation Raghu Mohan The Comptroller and Auditor General of India (CAG) has written to the Reserve Bank of India (RBI), seeking details of the performance of state-run banks after their recapitalisation (recap) over […]
By Chris Morris Reality Check correspondent, BBC News Reality Check A post-Brexit agreement on trade and other issues has been agreed, just a week before the transition period between the UK and the EU comes to an end. It avoids the disruption of a no-deal Brexit in the middle of the Covid pandemic, and marks […]
By Reuters Staff MUMBAI (Reuters) – Prime Minister Narendra Modi said on Friday that protests by farmers against three laws brought by his government were politically motivated, as he touted the success of an agricultural scheme launched last year. Thousands of farmers from several Indian states have been camped on the outskirts of New Delhi […]
By Aditi Shah NEW DELHI (Reuters) – Honda Motor Co has halted production at one of its two car manufacturing plants in India, the carmaker said on Wednesday, a country where sales of its vehicles have been under pressure from competitors. The Japanese automaker has stopped producing cars at its plant in Greater Noida close […]
By Aditi Shah, Aftab Ahmed NEW DELHI (Reuters) – Cairn Energy has won an international arbitration case against the Indian government over a tax dispute, ending one of the country’s highest-profile disputes, two sources with direct knowledge of the matter told Reuters. Cairn took the case to arbitration in 2015 to fight against a demand in […]
