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Category: Business

Business

Qantas reduces Australia domestic flights

SYDNEY, 24 June 2022: Australia’s flag carrier Qantas today announced it will reduce its domestic flights by up to 15% until next March – due to the high cost of …

Business

India govt aims to create an even better e-commerce service

NEW DELHI, 23 June 2022: India hopes to break the monopoly of multinationals and transform the landscape of the rapidly expanding e-commerce industry – with an initiative that would show …

Business

Samsung fined A$14 million for misleading water-resistant device claim

SYDNEY, 23 June 2022: An Australian court fined Samsung Australia A$14 million for misleading consumers about resistance to water for several of its mobile phones, official sources reported today. The …

Business

EasyJet cabin staff announce 9-day strike in July

MADRID, 22 June 2022: EasyJet’s Spain-based cabin crew yesterday announced plans for a nine-day strike in July after negotiations on salary conditions stalled. The move threatens to add further disruptions …

Business

South Korea success with Nuri space rocket launch (video)

SEOUL, 21 June 2022: South Korea today successfully launched its Nuri space rocket – an important step for the space industry of the country, which has become one of the …

Business

Tech giants undeterred by paltry Japan fines

TOKYO, 21 June 2022: Japanese justice minister Yoshihisa Furukawa today said foreign technology giants that have not registered their foreign global headquarters in the country – as required by Japanese …

Business

Russia becomes China’s main source of crude oil

BEIJING, 21 June 2022: Russia has displaced Saudi Arabia as the main source of crude oil for China, whose Russian oil imports increased by 54.84% in May compared to last …

Business

Booming gains by Klang’s Phuture with plant protein food

KUALA LUMPUR, 16 June 2022: Malaysian plant-based meat company Phuture is seeing a huge growth potential for its products, having made significant gains since it was established in 2018. In …

Business

Petronas commits to clean energy push via Gentari

KUALA LUMPUR, 16 June 2022: Petronas has cemented its commitment to clean energy sourcing and supply via newly-established, wholly-owned subsidiary Gentari Sdn Bhd. In a statement, Petronas said Gentari – …

Business

Gazprom further reduces Nord Stream gas flows to Europe

MOSCOW, 16 June 2022: Russia’s energy giant Gazprom yesterday announced it would further cut the volume of gas flowing to Europe through the Nord Stream pipeline. Flows of Russian gas …

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