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Asia's war on inflation targets supply, not consumers
JAKARTA (Reuters): From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure, a strategy that appears to be working at least for now.
Turkish fast delivery firm Getir to cut 14% of staff -source
ISTANBUL (Reuters) - Turkish fast grocery delivery company Getir plans to cut 14% of its staff globally, a source with the knowledge of the matter told Reuters.
Oil edges higher on tight supply, rising US refining activity
New York: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started.
Asian nations’ loss, Thailand’s gain
A major exporter of sugar, chickens and rice, Thailand looks set to benefit as many of its Asian neighbours limit shipments of agricultural commodities to shelter consumers from surging prices.
Insight - Russian oil’s Achilles’ heel – insurance
RUSSIA has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens to throw a spanner in the works unless Moscow and its customers can plug a gap left by Western underwriters.
Italy prosecutors seek 6-year jail term for Berlusconi in bribery case
MILAN (Reuters) - Milan prosecutors on Wednesday requested former Italian prime minister Silvio Berlusconi be jailed for six years for allegedly bribing witnesses in a 2013 underage prostitution case.
Tennis-Loss of ranking points will not detract from Wimbledon, says Murray
LONDON (Reuters) - Britain's two-time Wimbledon champion Andy Murray said on Wednesday the major would never feel like an 'exhibition event' and most people only care who wins after the Grand Slam had its ranking points stripped by the ATP and WTA Tours.
