India surpasses China to become Russia’s top oil buyer in July

India surpasses China to become Russia’s top oil buyer in July

NEW DELHI, Aug 22 (Reuters) – India overtook China as the world’s biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels, a comparison of import data showed. Russian crude made up a record 44% of India’s overall imports last month, rising to a record …

Read more

Putin, Modi hold informal talks at Kremlin leader’s residence

Putin, Modi hold informal talks at Kremlin leader’s residence

MOSCOW, July 8 (Reuters) – Russian President Vladimir Putin welcomed Indian Prime Minister Narendra Modi late on Monday and toured him around his residence outside Moscow ahead of official talks in the Kremlin on Tuesday. Putin embraced the Indian leader at his home at Novo-Ogaryovo, greeted him as his “dear friend” and said he was …

Read more

Poland’s new PM Donald Tusk presents pro-EU vision

Poland’s new PM Donald Tusk presents pro-EU vision

[1/4]Newly appointed Polish Prime Minister Donald Tusk speaks during a parliament session, in Warsaw, Poland December 12, 2023. REUTERS/Aleksandra Szmigiel Acquire Licensing Rights WARSAW, Dec 12 (Reuters) – Polish Prime Minister Donald Tusk set out a pro-European Union vision and pledged strong support for Ukraine on Tuesday, a day after his appointment ended eight years …

Read more

Japan PM pledges to ‘restore trust’ as fundraising scandal rocks government

Japan PM pledges to ‘restore trust’ as fundraising scandal rocks government

Fumio Kishida, Japan’s prime minister, speaks during a news conference at the prime minister’s official residence in Tokyo, Japan, November 2, 2023. Kiyoshi Ota/Pool via REUTERS/File Photo Acquire Licensing Rights TOKYO, Dec 11 (Reuters) – Embattled Japanese premier Fumio Kishida pledged on Monday to take steps to restore trust in his government amid reports he …

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

Exclusive: U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

Exclusive: U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

Russian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights WASHINGTON, Dec 1 (Reuters) – The U.S., EU and UK are pressuring Liberia, the Marshall Islands and Panama to increase oversight of ships carrying their flags to ensure …

Read more

OPEC+ agrees to voluntary oil output cuts, invites Brazil to join

OPEC+ agrees to voluntary oil output cuts, invites Brazil to join

FILE PHOTO: OPEC’s logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic Acquire Licensing Rights OPEC+ announces no new group cut target for 2024 Instead members led by Saudi Arabia to make voluntary cuts Saudi to roll over 1 million bpd cut into Q1 Russia to cut 500,000 bpd OPEC+ invites Brazil …

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

Russia is preparing a ‘loyalty agreement’ requirement for foreigners

Russia is preparing a ‘loyalty agreement’ requirement for foreigners

People, including Russian law enforcement officers, walk near St. Basil’s Cathedral and the Kremlin’s Spasskaya Tower, as a pigeon flies over Red Square in central Moscow, Russia, March 20, 2023. REUTERS/Evgenia Novozhenina/files Acquire Licensing Rights Russia preparing ‘loyalty agreement’ legislation Foreigners may be forbidden from criticism of state policy Russia could forbid criticising Soviet history …

Read more

China, Japan, South Korea seek summit in latest bid to ease relations

China, Japan, South Korea seek summit in latest bid to ease relations

[1/9]Chinese Foreign Minister Wang Yi, South Korean Foreign Minister Park Jin and Japanese Foreign Minister Yoko Kamikawa pose for a photo prior to the 10th trilateral foreign ministers’ meeting in Busan, South Korea, Sunday, Nov. 26, 2023. Ahn Young-joon/Pool via REUTERS Acquire Licensing Rights SEOUL, Nov 26 (Reuters) – China, Japan and South Korea agreed …

Read more