Joseph Branch

Joseph Branch

Indian Oil has withdrawn Russian Urals oil from the latest tender.

Earlier, the head of the Pentagon said that the U.S. and India would launch a "defense exchange" in the space sphere between the military departments by the end of the year. He also added that relations between Russia and India were developing when Washington could not fully

Germany's economic sentiment index fell to pandemic lows as companies fear rising energy prices

The ZEW Institute's index of expectations fell to -41 in April from -39.3 in the previous month. "Experts are pessimistic about the current economic situation and suggest it will continue to worsen," ZEW President Achim Wambach said Tuesday.

The U.K. labor market is missing nearly 600,000 people after the covid

The recession is creating an acute shortage of skilled workers for employers. Unemployment continues to rise despite large wage offers. Unemployment is at 1970s levels and job openings are at record levels

Prospective DLE: Ford plans to buy lithium in Argentina

The company said Monday it has signed a preliminary deal to buy lithium from Lake Resources NL (LKE). This is the first time the automaker has disclosed information about its supplier of battery materials. Lake Resources is notable for its use of DLE technology, which reduces the resource costs of

Bitcoin fell more than 5% below $40,000

From a peak above $48,000 in late March, bitcoin and other tokens have fallen due to fears of tighter monetary policy. Even last week's Bitcoin 2022 conference in Miami wasn't enough to reverse the trend. Teong Hng, executive director of Hong Kong-based Satori Research, believes

TikTok's revenue will overtake Twitter and Snapchat combined in 2022

Insider Intelligence analysts believe that TikTok's revenue could triple in the current reporting year. The reasons for the optimistic predictions are the number of users and the time they spend on the app. Twitter and Snapchat are expected to bring in $5.58 billion and $4.86 billion

AT&T has completed a spin-off with Warner Bros. Discovery

The telecommunications giant announced Monday that it had closed a deal with Discovery to spin off its WarnerMedia business. The spun-off company, which began trading under the ticker symbol WBD, is called Warner Bros. Discovery. "After closing this deal, we expect to invest record amounts in our growing 5G

End of restrictions: Chinese gaming regulator grants licenses to 45 games

Chinese regulators stopped approving gaming monetization licenses last July, severely impacting industry giants such as Tencent Holdings and NetEase.

Pakistan's parliament elected opposition leader Shahbaz Sharif as president

Only opposition parties participated in the vote because shortly before it, deputies from the ruling Pakistan Justice Party, led by the ousted Imran Khan, had decided to collectively resign. On Sunday after the vote, hundreds of thousands of Khan's supporters marched across Pakistan to protest his ouster, waving

Ericsson extends suspension of work with Russian customers indefinitely

About 600 employees in Russia will be sent on paid leave, the Swedish telecommunications equipment maker said. Last year, the company's combined sales in Russia and Ukraine accounted for less than 2% of its global sales, with staff there engaged in support functions.