India has cut coal supplies to the non-power sector and put on hold plans for some fuel auctions for utilities without supply deals due to a slump in inventories, even Continue Reading
March 30 (Reuters) – Coronavirus infections in Asia passed 100 million on Wednesday, according to a Reuters tally, as the region records a resurgence in cases, dominated by the BA.2 Continue Reading
Lockdown restrictions in Shanghai have resulted in residents thronging supermarkets to stock up on essential supplies. Residents in Shanghai are scrambling to stock up on supplies while thousands quarantine in Continue Reading
More than 20,000 bankers, traders, and other workers are bedding down in office towers in Shanghai’s Lujiazui district as they bid to keep China’s giant financial hub ticking over through Continue Reading
Japan will ban the export of high-end cars and other luxury goods to Russia in its latest response to the Russian invasion of Ukraine, the trade ministry said on Tuesday. Continue Reading
Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread of COVID-19 further rattle global supply Continue Reading
A lockdown in Shanghai marks another potential setback for China’s export machine, reigniting concerns over the risk of renewed disruption to global supply chains pummeled by the pandemic and war Continue Reading
Russian companies grappling with stinging international sanctions are exploring ways to relocate. The bulk of the enterprises and individuals making the move out of Russia to Kazakhstan are involved in Continue Reading
India is not considering buying oil from Russia using Indian rupees, the junior oil minister told parliament on Monday, after Western nations imposed sanctions on Russia over its invasion of Continue Reading
As coronavirus outbreaks spread across China , Shanghai is introducing new rounds of lockdowns to be rolled out sequentially across the city’s neighborhoods, the city government announced on Sunday night, Continue Reading
