The major U.S. stock indexes moved in opposite directions early in the session on Wednesday and continue to turn in a mixed performance in afternoon trading. While the Dow is adding to the strong gain posted in the previous session, the tech-heavy Nasdaq is giving back ground. The S&P 500 […]

State governments need to focus on building charging infrastructure to realise the goal of transitioning a large proportion of their sales to EVs, reports Ishaan Gera. The introduction of new brands and government efforts to push for electric vehicles (EVs) seems to be yielding results but only in some segments […]

Allow Usher, the central – only? – character of Michael R. Jackson’s scathingly funny and Pulitzer Prize-winning musical A Strange Loop, to introduce himself. He is, he tells us, “a young overweight-to-obese homosexual and/or gay and/or queer, cisgender male, able-bodied university-and-graduate-school educated, musical theater writing, Disney ushering, broke-ass middle-class politically […]

Andrew Woolfolk, who played saxophone for Grammy-winning R&B band Earth, Wind & Fire during its 1970s and early-’80s heyday, has died after a long illness. He was 71. EWF’s Philip Bailey announced the news on social media. “Great Memories. Great Talent,” the singer wrote about Woolfolk. “Funny. Competitive. Quick witted. […]

For as long as humans have existed, they have been in conflict. The earliest evidence of two different factions fighting one another to the death dates back at least 4,700 years, and there were likely many conflicts before that. People go to war for many reasons. Independence, religion, territory, and […]

Global rating agency Moody’s on Monday said the high commodity prices and supply chain disruptions due to further escalation in the Russia-Ukraine crisis could expose about 42 per cent of rated Indian companies to significant risks. They are mainly in the oil and gas and automotive sectors. The impact may […]

Shares of UBS Group AG were gaining around 3 percent in the morning trading in Switzerland after the banking giant reported Tuesday higher profit in its first quarter with increased operating income mainly in Investment Bank. Ralph Hamers, UBS Group CEO, said, “The first quarter was dominated by extraordinary geopolitical […]

Air India, under its new Tata management, has taken a Rs 60,800 crore ($8 billion) cover by paying Rs 266 crore premium to a clutch of insurance companies, including Tata AIG General Insurance. The airline managed to get a better deal as it valued its fleet lower by almost $2 […]

As the economic crisis in Sri Lanka —  the world’s largest exporter of orthodox tea — continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country’s largest tea growing company, McLeod Russel India, expects orders to […]

Darcy Donelan, who started her career at Voltage Pictures, today returns to the company as Vice President, Development & Production. With this appointment, she becomes a senior member of Voltage’s production team covering its production slate, having previously served as Executive Assistant to Founder and CEO Nic Chartier. She will now report […]