Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:52
Pakistan's finance minister says China rolls over $2.4 billion loan for Islamabad for 2 years
Pakistan’s finance minister says Beijing has rolled over a $2.4 billion loan for his country for two years, a move aimed at helping Pakistan overcome a lingering economic crisis
2023-07-27 15:52
Thai June factory output drops more than forecast as exports weak
By Orathai Sriring and Kitiphong Thaichareon BANGKOK Thailand's factory output shrank more than expected in June as sluggish
2023-07-27 15:30
Malaysia Plans to Build Region’s Largest Solar Hybrid Plant
Malaysia plans to develop Southeast Asia’s largest solar hybrid facility while pursuing hydrogen plants to achieve its 70%
2023-07-27 15:27
Zara founder Ortega's real estate fortune hit $20 billion in 2022
MADRID The investment firm of Spanish billionaire Amancio Ortega, the founder of fashion giant Inditex, on Thursday reported
2023-07-27 15:26
Kuwait executes 5 prisoners, including a man convicted in 2015 Islamic State-claimed mosque bombing
Kuwait says it executed five prisoners including an inmate convicted over an Islamic State group-claimed mosque bombing in 2015 that killed 27 people
2023-07-27 15:22
Argentina could again use yuan to evade IMF default
By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) -Time is running out for Argentina to secure the next
2023-07-27 15:15
Iberdrola First Half Earnings Meet Estimates as Hydro Recovers
Spanish renewable energy giant Iberdrola SA reported first-half earnings that met analyst estimates, driven by the recovery of
2023-07-27 14:57
Xi Protege’s Sudden Removal Adds to Rough Start for Third Term
The sudden ouster of Xi Jinping’s handpicked foreign minister is the latest example of how the Chinese president’s
2023-07-27 14:57
Ukraine MP being investigated for taking family holiday in Maldives amid Russian invasion
Ukrainian authorities are reportedly conducting an investigation to determine whether a member of parliament violated the law by taking a family holiday to the Maldives. Earlier in January this year, the Ukrainian president banned officials from travelling abroad for non-governmental purposes. The security service has initiated a criminal case to ascertain whether member of parliament, Yuriy Aristov provided false information to the authorities. He faces up to three years in prison if convicted. During a video address in January, Volodymyr Zelensky said: “Ignoring the war is a luxury that no one can afford.” He added: “There is a principled decision of the NSDC [National Security and Defence Council of Ukraine] on officials travelling abroad. It applies to all officials of the central government and various other levels of local government. It applies to law enforcers, people’s deputies, prosecutors and all those who are supposed to work for the state and in the state. If they want to rest now, they will rest outside the civil service. Officials will no longer be able to travel abroad for vacation or for any other non-governmental purpose.” Mr Aristov is accused of providing false information while applying to leave the country. He reportedly went on a family vacation to the Maldives. The MP reportedly told authorities he was going on sick leave. But investigations found that Mr Aristov had been on the private island of Ithaafushi in the Maldives in mid-July with his wife and children. The State Bureau of Investigation and the Security Service of Ukraine have opened a criminal case against him. Mr Aristov was abroad from 5 June to 22 July, during which he embarked on a three-day business trip to Poland before being observed in the Maldives by Ukrainian media. Kyiv Independent said that he was first spotted in the luxurious 5-star Waldorf Astoria Maldives hotel on the private island in mid-July. An investigation by the Ukrainian outlet, Slidstvo.info revealed that Mr Aristov had indeed been a guest at the Maldives resort after the hotel confirmed. However, by the time they received the inquiry, he had already checked out. The accommodation costs at this exclusive resort vary significantly – starting from 100,000 hryvnias [$2,600] and reaching 323,000 hryvnias [$8,800] for a single night. Additionally, there is a premium villa option that surpasses one million hryvnias per night [$26,700], according to local media. In response to the publication of the investigation, Mr Aristov promptly resigned from his position as a people’s deputy. Parliament speaker Ruslan Stefanchuk made the announcement of his resignation on Facebook. Read More North Korea’s Kim Jong-un shows Russia’s defence minister banned ballistic missiles Bluffing or not, Putin’s declared deployment of nuclear weapons to Belarus ramps up saber-rattling Ireland unlikely to offer condolences to Russia if Putin dies, Varadkar says The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
2023-07-27 14:56
ECB to hike rates again but keep options open for September
By Balazs Koranyi and Francesco Canepa FRANKFURT The European Central Bank will raise interest rates for the ninth
2023-07-27 14:56
Leaving the Pac-12? Colorado calls meeting, AP source says Big 12 has already voted to let Buffs in
The Colorado board of regents has scheduled a special meeting for Thursday
2023-07-27 14:50
