Oil prices surged in Asian trading on Monday as escalating conflicts in the Middle East and between Russia and Ukraine raised concerns over tighter global supply. Brent crude futures climbed 39 cents to USD 85.82 a barrel, while US crude futures gained 40 cents to USD 81.03 per barrel. The tensions between Russia and Ukraine […]
A recent report from Jefferies analysts revealed a 30 per cent decline in iPhone sales in China during the first week of 2024. The dip highlights escalating competitive pressures from local contenders, including Huawei, posing a formidable challenge for the US company in one of its crucial markets. Jefferies’ analysis indicates that the drop in […]
Easing global oil prices would help India boost imports from Russia, a senior government official said on Friday, as a lower than USD 60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships. The Group of Seven large economies known as G7 and some other nations […]
Tata-owned Air India is expected to receive its first Airbus 350 wide-body aircraft in the second half of 2023 — most likely from October. The Russian airline company Aeroflot’s orders for A350 aircraft by Airbus will now be delivered to Air India. Russia’s ongoing “special military operation” in Ukraine has led to sanctions against Russia […]
