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The Davos party returns, with the shakes
  + stars: | 2023-01-16 | by ( Lauren Silva Laughlin | ) www.reuters.com   time to read: +4 min
DAVOS, Switzerland, Jan 16 (Reuters Breakingviews) - There’s a hangover happening in Davos even though the party hasn’t yet started. The World Economic Forum’s annual winter shindig in the Swiss mountain resort, which kicks off on Monday, marks a return for glitzy parties and high-minded debates following a three-year hiatus. A record number of business leaders are set to make the trip, and the passage of commercial, private and government aircraft through Zurich’s airport suggests overall attendees are at pre-Covid-19 levels. The global pandemic and Russia’s invasion of Ukraine have added more friction to the already creaking globalised world that Davos epitomised. Follow @thereallsl on TwitterloadingCONTEXT NEWSThe World Economic Forum will take place in Davos, Switzerland from Jan. 16 through Jan. 20.
Western sanctions on Russian fossil fuels are accelerating the shift in global energy flows, with China and India increasingly taking advantage of Russian oil discounts and Middle Eastern suppliers redirecting their crude to Europe. Russia is offering deep discounts to Asia’s biggest oil buyers as it tries to retain market share after banning the sale of its crude and petroleum products to countries imposing a price cap. The cap bars the shipping, financing or insuring of Russia’s seaborne crude unless it is sold for $60 a barrel or less—a sanction leveled in response to the invasion of Ukraine.
LONDON/NEW DELHI, Dec 16 (Reuters) - Air India is close to a deal to order more than 200 Boeing (BA.N) jets including 190 narrowbody 737 MAX and 30 widebody 787s - part of an historic fleet shake-up roughly split with Boeing's European rival Airbus, industry sources said on Friday. The deal is also expected to include an unspecified number of Boeing 777X long-range jets, they added. Airbus (AIR.PA) is separately moving towards a deal with Air India including at least 200 of its A320-family narrowbody jets as well as dozens of larger A350s, industry sources said. Industry sources said Airbus is expected to win a slightly larger share of the huge fleet replacement and expansion. Bloomberg reported on Friday that Boeing was closing in on an order for as many as 200 of its 737 MAX jets.
BENGALURU, Nov 28 (Reuters) - India's Sensex stock index may hit 80,000 by the end of next year if the country is included in global bond indexes and prices of commodities such as oil and fertilizers drop sharply, Morgan Stanley analysts said. The inclusion could result in nearly $20 billion of inflows over the subsequent 12 months, the brokerage said, while making a bull case for a 30% chance of the blue-chip index hitting the number. The Wall Street bank said in October that India is on the radar for an inclusion. Indian markets have defied weakness seen in Asian peers this year, with the Sensex (.BSESN) closing at a new peak of 62,504.8 earlier in the day. Reporting by Rama Venkat and Chris Thomas in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
India moved to top of Group 2 with six points, one ahead of South Africa who have played one game fewer. Litton gave Bangladesh a rollicking start scoring 56 of his team’s 60 runs in the first six powerplay overs. He raced to a 21-ball fifty before rain halted play with Bangladesh on 66 for no loss after seven overs. “It’s been the story when we play India. “It was a great game, the crowd enjoyed and both teams enjoyed.
Gold set for second weekly fall as Fed hawks lift Treasury yields
  + stars: | 2022-10-21 | by ( ) www.cnbc.com   time to read: +1 min
Customers look at the display window of a store at the gold market in Dubai, one of the busiest jewellery markets in the Middle East. Gold prices on Friday were set for a second weekly decline as U.S. Treasury yields held near multi-year highs following strong labor market data and hawkish comments from Federal Reserve officials, dampening the appeal for zero-yield bullion. The benchmark 10-year Treasury yields held near a fresh 14-year peak hit on Thursday while the dollar index ticked 0.1% higher. A separate data showed U.S. existing home sales dropped for an eighth straight month in September. Spot silver eased 0.2% to $18.63 per ounce, platinum fell 0.4% to $910.30 and palladium dropped 1.4% to $2,028.43.
Sursa foto: ProfimediaIndia închide cazurile soldaților italieni acuzați de două crime în 2012Curtea Supremă din India a închis cazurile deschise împotriva celor doi soldați italieni acuzați că au ucis doi pescari indieni în 2012. Cazul celor doi soldați italieni a tensionat relațiile dintre India și Italia ani la rând. Cei doi militari au fost arestați de autoritățile indiene în 2012 și acuzați de crimă. Cu toate acestea, India a exclus pedeapsa cu moartea în cazul acestora, dacă urmau să fie găsiți vinovați. Încarcerarea militarilor italieni a provocat un scandal diplomatic între India și Italia, iar în 2015 cele două țări s-au adresat Curții de Arbitraj de la Haga.
Persons: Lattore Organizations: Marți, MV Enrica Locations: India, Italia, Kerala, Haga
Total: 7