MILAN — According to Albert Einstein, “imagination is more important than knowledge.” To be sure, geopolitical tensions and global macroeconomic issues are putting top executives to the test, and creativity, flexibility and inventiveness are edging out spreadsheets, cookie-cutter strategies, case studies and time-honed master plans. “Luxury must always reinvent itself, with innovation at the center … Read more
New Delhi: The government on Thursday hiked windfall tax on domestically produced crude oil to Rs 3,300 per tonne from Rs 3,200 per tonne with effect from Friday. The tax is levied in the form of a Special Additional Excise Duty (SAED). According to an official notification, SAED on the export of diesel too has … Read more
Farmers’ protests have broken out in many countries across Europe in recent weeks, with the industry expressing discontent over the EU’s green policies. Some of the largest demonstrations have been in Germany, prompted by a cut to diesel subsidies. Brussels has faced calls from industry groups and some political parties to lay out a 2040 … Read more
Attal also promised to limit administrative hurdles for farmers by halving (from 4 to 2 months) the delay to launch a legal action against authorizations for farm works such as the expansion of a barn. He also pledged to increase existing financial support to farmers and also to speed up the disbursement of cash under … Read more
Press play to listen to this article Voiced by artificial intelligence. BERLIN — German farmers commenced a week of planned protests on Monday while officials warned that far-right groups are attempting to co-opt the movement for their own political ends. The farmers began the day by blocking roads across much of the country in response … Read more
KUALA LUMPUR The retail prices of RON97 and RON95 petrol as well as diesel will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively, from Jan 4 to Jan 10. The Finance Ministry, in a statement on Wednesday (Jan 3), said the prices were fixed based on the weekly retail price of petroleum products … Read more
KOTA KINABALU: The low supply issue of subsidised diesel faced over the past few days in Sabah should be resolved by now, says Datuk Armizan Ali. The Domestic Trade and Costs of Living Minister said there was no issue of quota reduction for the subsidised diesel and the report the ministry got from the ground … Read more
The end of the road is coming for gas-powered vehicles in Canada. New regulations being published this week by Environment Minister Steven Guilbeault will effectively end sales of new passenger vehicles powered only by gasoline or diesel in 2035. Guilbeault said the Electric Vehicle Availability Standard will encourage automakers to make more battery-powered cars and … Read more
German Finance Minister Christian Lindner announced plans to reform the country’s debt rules to allow more spending in times of economic downturn, while also voicing criticism over planned price increases for farmers and airlines. In an interview with German regional newspapers published Saturday, Lindner said he intends to revise an economic calculation component that defines … Read more
Tapping into Latin America nations will help India diversify its import basket, with industries like IOC and HMEL securing 4 million barrels of Venezuelan oil in February “India, the world’s third largest oil consuming and importing nation, welcomes the return of Venezuelan oil to the market after sanctions on the Latin American nation were eased”, … Read more
