Dubai / Gulf Time South Indian Bank Limited (SIB), a major private sector bank headquartered in Kerala, India, will be launching special wealth management service, deposit scheme, life insurance scheme, trade-related payments and remittance service and mutual fund products for the non-resident Indians (NRIs). Announcing this, Murali Ramakrishnan, CEO, South Indian Bank Ltd, who is in Dubai on an official ...

Bloomberg The global surge in the cost of fuel is starting to weigh on demand, according to the world’s biggest independent oil trader. Consumers are being hit by the run-up in gasoline, diesel and other oil products, Mike Muller, head of Asia at Vitol Group, said on Sunday on a podcast. “There’s very clear evidence out there of economic stress ...

The Jumbo Floating Restaurant, a landmark attraction built in the style of an imperial palace that adorned the south side of Hong Kong island for more than four decades, capsized this month in the South China Sea, having been towed away after its business was rendered unprofitable by the pandemic. Social media users were quick to see a metaphor. As ...