Indian consumer goods conglomerate ITC reported a slightly better-than-expected first-quarter profit on Friday, buoyed by strong demand in its mainstay cigarettes and consumer goods business.
Analysing blast in Ukraine and India fighter jet losses disinformation
Russian-installed authorities in the southern Kherson region have accused Ukraine of carrying out a drone attack on a trading post. Our verification team has analysed footage of the blast ...
India’s GlaxoSmithKline Pharma posts first revenue drop in over two years
Indian drugmaker GlaxoSmithKline Pharma reported its first quarterly revenue decline in more than two years on Friday, leading to its shares declining the most in nearly four months.
China’s military tried to buy Nvidia chips for AI servers and a robot dog, documents show
Chinese military records show attempts to buy banned Nvidia chips for its AI projects. Find out more about what they reveal.
FBI director says a new office in New Zealand will counter China’s sway, provoking Beijing’s ire
FBI Director Kash Patel has provoked diplomatic discomfort in New Zealand by saying the opening of a new office in Wellington aims to counter China's influence.
US Navy warship rearms at sea with one eye on China war
U.S. Navy Lieutenant Commander John Sefcik, a weapons officer assigned to USS Farragut, said in a news release on July 22: "The ability to conduct safe and efficient vertical missile rearm at sea is a ...
Melco’s Macau turnaround successful, but Philippines and Cyprus remain headwinds for the firm: analysts
Casino group Melco Resorts & Entertainment Ltd’s turnaround strategy is "bearing fruit,” namely in its Macau operations, says CBRE Equity Research. The comment from analysts John DeCree and Max Marsh ... ( read original story ...)
Heeton Holdings targets Bhutan’s niche market with new five-star hotel
Singapore-based Heeton Holdings is set to open Dawa by Heeton in Paro, Bhutan, this August, marking its first hotel to be both built from the ground up and directly managed by the company. ( read original story ...)
Bhutan Lowers Sustainable Fee To Boost Longer Stays From Tourists – Skift
Last year, Bhutan sent a shock to its tourism sector by raising its so-called sustainable development fee from $65 to $200 per night, per person for all tourists, excluding Indian nationals, who ... ( read original story ...)
Banco Central de Timor-Leste Partners with Montran to Accelerate National Digital Payments and CBDC Strategy
Montran is also working with BCTL to develop a national strategy for introduction of a CBDC, known as eCentavos. This CBDC will enhance transparency and traceability of transactions, offer tools to ... ( read original story ...)