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Traffic in Strait of Hormuz halts as Trump weighs Iran's new proposal

London, May 4 -- Traffic through the Strait of Hormuz has come to a virtual standstill while US President Donald Trump weighs Tehran's latest peace proposal. Hopes of an early easing of the twin block... Read More


US has become oil supplier of last resort

New York, May 4 -- The tankers have been arriving from all over the world in unprecedented numbers. After loading up in Alaska and along the US Gulf Coast, they head back out to sea - to Japan, Thaila... Read More


Biggest container carrier plans to bypass Hormuz

London, May 3 -- The world's largest container carrier plans a new service linking Europe with isolated Middle East ports, using trucking across Saudi Arabia and smaller vessels in the Persian Gulf in... Read More


US naval blockade will keep pushing up oil prices: Iran

washington/london, May 2 -- US President Donald Trump vowed to maintain a naval blockade on Iran and was briefed by commanders on further military options, according to a report, underscoring the frag... Read More


Adani Group eyes restructuring to push accelerated growth

India, May 2 -- Billionaire Gautam Adani's conglomerate unveiled plans to overhaul its operating model, in an effort to cut decision-making time as it pushes for accelerated growth across businesses. ... Read More


Adani Group eyes Restructuring as It Positions for Growth

India, May 2 -- Billionaire Gautam Adani's conglomerate unveiled plans to overhaul its operating model, in an effort to cut decision-making time as it pushes for accelerated growth across businesses. ... Read More


U.S. govt Seeks Forfeiture of Seized Oil Tankers Linked to Iran

washington, May 1 -- The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official... Read More


Adani Ent slips to Rs.220 crore Q4 loss

India, May 1 -- Adani Enterprises Ltd slipped into a loss in the fourth quarter, as costs jumped amid the company's push into copper assets and airport expansion. The company posted a net loss of Rs.2... Read More


Big Tech records uneven payoff from AI spendings

Seattle, May 1 -- A frenzied day of earnings reports offered a glimpse at how some of the world's biggest tech companies are doing in artificial intelligence. The upshot: Alphabet Inc.'s Google is see... Read More


US seeks forfeiture of seized oil tankers linked to Iran govt

washington, May 1 -- The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official... Read More