Disney, Reliance discuss India entertainment merger, sources say

Disney, Reliance discuss India entertainment merger, sources say

[1/2]A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW DELHI, Dec 12 (Reuters) – Reliance Industries (RELI.NS) and Walt Disney (DIS.N) have held talks to merge …

Read more

US embassy in Baghdad attacked with rockets, no casualties

US embassy in Baghdad attacked with rockets, no casualties

BAGHDAD, Dec 8 (Reuters) – The U.S. embassy in Baghdad was attacked with two salvos of rockets on Friday morning but there were no casualties, an embassy spokesperson said. The attack was believed to have been carried out by Iran-aligned militias in Iraq, the spokesperson said. No group immediately claimed responsibility. It was the first …

Read more

Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources

Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources

Tesla eyes India, market leader Tata wary-sources Tata pushing Indian officials to not lower EV taxes Tata worried about committed investment if taxes lowered NEW DELHI, Dec 7 (Reuters) – Tata Motors (TAMO.NS) is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, …

Read more

Chennai flooded as heavy rains from cyclone Michaung batter south India

Chennai flooded as heavy rains from cyclone Michaung batter south India

[1/2]Members of the National Disaster Response Force (NDRF) evacuate people from a water-logged residential area following heavy rains due to Cyclone Michaung, in Chennai, India, December 6, 2023. REUTERS/Stringer Acquire Licensing Rights CHENNAI/HYDERABAD, Dec 6 (Reuters) – Rescuers used boats to reach people stranded in their homes amid widespread flooding in the India’s Chennai on …

Read more

Cyclone Michaung hits India’s south after 13 killed in floods, rain

Cyclone Michaung hits India’s south after 13 killed in floods, rain

BHUBANESWAR, India, Dec 5 (Reuters) – Cyclone Michaung barrelled into the southern Indian coast on Tuesday with intense winds, its arrival preceded by torrential rains and flooding that killed at least 13 people, as officials assessed the damage. Tall waves crashed into southern coastal towns over the last two days as the cyclone approached, submerging …

Read more

Fossil fuel phase-out among options on COP28 table

Fossil fuel phase-out among options on COP28 table

Draft COP28 text includes fossil fuel phase out Text adds other options, include no phase out deal Fossil fuel CO2 emissions hit record high in 2023 DUBAI, Dec 5 (Reuters) – Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit’s final deal …

Read more

Chennai airport runway flooded as Cyclone Michaung nears India

Cyclone Michaung hits India’s south after 13 killed in floods, rain

CHENNAI, Dec 4 (Reuters) – At least four people died, factories closed and the runway of one of India’s busiest airports lay submerged due to torrential rain, as two southern states were braced on Monday for the impact of a severe cyclone. Cyclone Michaung was expected to make landfall on the coast of the southern …

Read more

Walmart shifts to India from China for cheaper imports

Walmart shifts to India from China for cheaper imports

Walmart imports more from India, reducing reliance on China 60% of shipments came from China in Jan-Aug 2023 vs 80% in 2018 India is key component of Walmart’s supply chain, Walmart says LONDON/NEW YORK, Nov 29 (Reuters) – Walmart (WMT.N) is importing more goods to the United States from India and reducing its reliance upon …

Read more