Disney and Reliance to merge media businesses in India in $8.5 billion joint venture
Walt Disney and Indian conglomerate Reliance will merge their Indian businesses, the U.S. entertainment giant announced Wednesday.
Ruxandra Iordache in asian news
Abandoned at sea, Houthi-damaged ship awaits towing to Saudi Arabia amid oil slick concerns
A vessel impaired in a mid-February Houthi attack offshore Yemen remains abandoned at sea awaiting towing to safe harbor amid growing concerns of an oil spill.
Saudi energy minister pins Aramco's oil capacity halt on green transition
Saudi's state-controlled oil giant Aramco suspended its capacity expansion plans because of the green transition, Energy Minister Abdulaziz bin Salman said Monday, stressing that the future of energy security lies with renewables.
Putin hints at swapping detained Wall Street Journal reporter for Russian prisoner
Russian President Vladimir Putin on Thursday said "an agreement can be reached" over the release of detained Wall Street Journal reporter Evan Gershkovich, signaling he is open to an exchange for a Russian prisoner serving time in Germany.
'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence
Deflation may soon start biting into Chinese growth, as Beijing looks at another three to six months of a "very painful economy," according to one analyst who covers the country.
Putin 'precipitated virtually everything he sought to prevent' with Ukraine invasion, Blinken says
Russian President Vladimir Putin has "precipitated virtually everything he sought to prevent" by launching an invasion against Ukraine to separate Kyiv from the West, U.S. Secretary of State Antony Blinken said at a panel discussion in Davos, Switzerland.
BP appoints Murray Auchincloss as permanent CEO
LONDON — Oil and gas major BP appointed Murray Auchincloss as permanent CEO, the company said Wednesday.
Germany skirts recession at the end of 2023 but faces prolonged slump
Europe's largest economy contracted by 0.3% year-on-year in 2023, as high inflation and firm interest rates bit into growth, the Federal Statistical Office of Germany said Monday.