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Weakening El Nino boosts monsoon rain prospects in India

New Delhi / Bloomberg The monsoon is set to bring cheers to Indian farmers this year after the first back-to-back shortfall in rainfall in three decades ravaged crops. Showers during the four-month rainy season starting June will probably be normal as the El Nino is seen returning to neutral conditions by the middle of the year, according to Skymet Weather ...

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Why companies must beware of Chinese buyers

You have to give credit to China’s Anbang. Only days ago, the Chinese insurance group was shoved aside in its long quest to acquire U.S. hotel operator Starwood. A rival suitor, U.S. hotelier Marriott, had recaptured Starwood’s affections with a sweetened bid. Undeterred, Anbang roared back on Mar. 26 with an even juicier offer. Obviously, the company is not easily ...

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Summit raises alarm over ‘dirty bomb’

The Nuclear Security Summit, which concluded on Friday in Washington, did not rule out catastrophic nuclear attacks. It was a global forum that gathered the world leaders to find ways to avert such apocalyptic scenarios. The timing of the summit was important as it came in the wake of attacks in Paris and Brussels that have killed dozens and exposed ...

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