Monday , 22 December 2025

Recent Posts

OPEC target gets harder as African members boost November output

  Bloomberg OPEC’s mission to implement last week’s historic deal to curb production for the first time in eight years just got a little bit harder after three of its African members increased output in November. Crude production from the Organization of Petroleum Exporting Countries rose to a record 34.16 million barrels a day in November with gains led by …

Read More »

S Korean biz elites grilled over scandal probe

  Seoul / AFP South Korea’s most powerful tycoons, including de facto Samsung chief Lee Jae-Yong, stammered and squirmed on Tuesday under a verbal assault from a parliamentary committee probing a corruption scandal that has riveted the nation. Millions watched in astonishment as the televised hearing showed the heads of the country’s eight largest conglomerates being publicly chastised over donations …

Read More »

Tata-Mistry letter wars escalate as group shareholder votes near

  Bloomberg Cyrus Mistry, the ousted chairman of Tata Group, accused its biggest shareholders of eroding governance at India’s largest business empire and portrayed himself as a defender of independent decision-making in a letter to investors in Tata companies. The conglomerate refuted his allegations. Mistry made his appeal on Monday before a series of extraordinary general meetings from Dec. 13 …

Read More »