News
Asian oil refiners mull run cuts, closures as crude costs soar
A SURGE in the cost of physical crude cargoes as China and India rush to replace Russian flows is prompting refiners in other parts of…
Tag
soar
Business
China's EV sales soar 40 percent amid gasoline plunge
China's electric vehicle (EV) market experienced a record-breaking year in 2024, with sales surging over 40 percent, industry data…
News
Russian hypermarkets struggle as online sales soar
In November 2024, Russia’s retail market continues to undergo a significant transformation, shaped by the rapid growth of e-commerce and…
Business
Nigeria turns to natural gas as transport prices soar after petrol subsidies were removed
ABUJA, Nigeria (AP) — When Nigeria's President Bola Tinubu ended the costly subsidies that made petrol affordable for many in Africa's…
News
Police in Mozambique fire tear gas at opposition politician as post-election tensions soar
MAPUTO, Mozambique (AP) — Police in Mozambique fired tear gas at the country's leading opposition politician and supporters as he spoke…
Politics
Russia may have spent $1.3 billion on an aerial attack as inflation continues to soar in the country on the back of huge state defense spending
Russia launched a $1.3 billion air assault on Ukraine this week. The attack used hundreds of UAVs and missiles, including Shahed strike…
News
Drug development costs predicted to soar as BIOSECURE Act gains momentum
Since its introduction in January, the BIOSECURE Act has sent shockwaves across the pharmaceutical sector. Although the Act does not…
Business
Price of flying set to soar as airliners pass costs of sustainable fuel to passengers
Insights from The Financial Times, Reuters, Bloomberg, and National Geographic The News A major German airline has announced it will…