By Arpan Chaturvedi and Munsif Vengattil NEW DELHI (Reuters) -An Indian tribunal on Wednesday gave partial relief to Alphabet Inc’s Google by setting aside four of 10 antitrust directives in a case related to the dominant market position of its Android operating system. The Competition Commission of India (CCI) said in October that Google had …
Google scores partial victory in Android antitrust case in India Read More »
(Reuters) – Japan and Australia on Wednesday expressed their concern over the dissolution of Myanmar’s former ruling party and urged the military government to pursue a more inclusive process to return the country to democracy. Myanmar’s ruling junta on Tuesday disbanded Aung San Suu Kyi’s National League for Democracy (NLD) and 39 other parties over …
Japan, Australia concerned over Myanmar disbanding Suu Kyi party Read More »
By Olesya Astakhova MOSCOW (Reuters) – Russia’s largest oil producer Rosneft and India’s top refiner Indian Oil Corp have signed a term agreement to substantially increase oil supplies and diversify oil grades delivered to India, Rosneft said on Wednesday. The deal was signed during a working trip to India by Rosneft CEO Igor Sechin, the …
Russia’s Rosneft signs deal to boost oil supplies to India Read More »
(Reuters) – The Kremlin said on Wednesday it was not up to Russia to advise Chinese President Xi Jinping on whether he should visit Ukraine or not. Ukrainian President Volodymyr Zelenskiy has extended an invitation to the Chinese leader to visit, the Associated Press reported earlier on Wednesday. “We know China’s balanced position, we value …
Kremlin says it is not Russia’s place to advise China’s Xi on whether to go to Ukraine Read More »
(Reuters) -Singapore’s aircraft maintenance services provider SIA Engineering on Wednesday signed a new services deal with flag carrier Singapore Airlines and expects revenue of S$1.14 billion ($857.92 million) over its three-year term. The deal, which would replace the previous agreement SIA Engineering entered with Singapore Airlines in April 2019, broadly involves the maintenance, repair and …
SIA Engineering signs $857 million services deal with Singapore Airlines Read More »
(Reuters) -Ratings agency Fitch said two Adani Group subsidiaries were exposed to “heightened contagion risks”, possibly affecting their financial flexibility, due to weak governance at the parent conglomerate and other companies in the group. Adani Transmission Ltd and Adani Ports and Special Economic Zone “would be capped at current rating level of ‘BBB-/Stable’ till alleged …
Fitch says two Adani entities face contagion risks Read More »
By Tetsushi Kajimoto TOKYO (Reuters) – Japan will draw up a plan in June on “new capitalism”, focusing on wage increases, innovation and resolving social problems through support for start-ups, Prime Minister Fumio Kishida said on Wednesday. “First of all, we will aim to compile guidelines by June with regard to labour market reform including …
Japan PM Kishida sets eye on wage rises as focus of ‘new capitalism’ Read More »
By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Wednesday he was not thinking about dissolving parliament, brushing aside speculation he could call a snap election in the coming months to solidify his standing within his ruling party. “It’s not on my mind now,” Kishida told parliament, when asked about the …
Japan’s Kishida brushes aside speculation of early snap election Read More »
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s central bank raised interest rates by 25 basis points on Wednesday, as it attempts to bring inflation back within target while the economic recovery gathers pace against rising global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate …
Thai central bank raises policy rate, more tightening likely Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares rose on Wednesday as easing worries about the global banking turmoil brought back risk-taking and led to a broad-based gain among all sectors, while a rebound in Adani group stocks helped sentiment. The Nifty 50 index settled 0.76% higher at 17,080.70. The S&P BSE Sensex rose 0.60% to …
Indian shares rise on monthly expiry day, Adani stocks rebound Read More »
