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Thursday, November 13, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Reliance is stepping in to supply diesel-starved Europe as Ukraine war boosts Jamnagar facility

RIL’s Jamnagar facility is lifting crude processing & deferring planned maintenance to take advantage of surging diesel demand. It’s already sending shipments to Europe.

New iPhone SE is uninspiring, Apple has strayed from its standard

The SE will be a letdown for customers who have been waiting for a while for an updated affordable iPhone. It’s clear that Apple isn’t prioritising customers at the lower end of the market.

Investors say cash ‘only safe haven’ in India as markets recoil from oil shock

Rupee is down to a record low, dragging stocks and bonds. And with few signs the commodity boom will end soon, investors are bracing for more possible losses.

Asia could face higher inflation and slower growth amid soaring oil prices

Asia as a net importer is vulnerable to oil price spike due to Russia’s invasion of Ukraine. But with more than 40% global exports stemming from the region, rising prices will ripple globally.

Gold nears 19-month high as ban on Russian oil & concerns over inflation, growth boost demand

Bullion has gained 12% in 2022 and is closing in on a record as investors seek a store of value amid the threat of an inflationary shock to the global economy.

Biden says US will ban ‘all imports of Russian oil, gas & energy’ to pressure Putin to stop war

Announcing the ban in an address from the White House Tuesday, President Biden said 'US will not be part of subsidising Putin’s war'.

Surge in oil prices will test China’s bet to insulate its economy

With oil costs now 40% higher than they were two weeks ago, Chinese businesses are facing a profit squeeze and a fall in global demand for Chinese-made goods.

Shipping Corp says war in Ukraine needs to abate for stake sale to go through

In an interview, Shipping Corp CMD Harjeet Kaur Joshi says globally markets are facing impact of the Ukraine crisis, this isn't the opportune moment for proposed privatisation.

Coal India to make key ingredient for explosives to beat costs surge

Coal India Ltd., the world’s largest supplier of the fuel, will add production of a key ingredient used in explosives for mining as it...

Modi govt’s big infrastructure push is fueling builders’ bond sales

Prime Minister Narendra Modi’s plan for India to build 25,000 kilometers of highway in the fiscal year starting next month is making the local...

On Camera

This era has made journalistic independence harder than ever: New York Times publisher

Journalist Arthur Gregg Sulzberger delivered the Reuters Memorial Lecture on 4 March last year.

Inflation plunges to a 10-yr low of 0.25% in October. Here’s why

Record-low inflation gives RBI room to ease rates. Food prices have something to do with it.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.