News
US refiners face historic stress test as global crisis looms
US refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this has delivered record profits, prolonged high utilisation raises the risk of equipment failures that could deepen the global fuel crisis.
China's netizens rage against professor who said gig work was a type of 'welfare'
A prominent economics professor's remarks on gig work as welfare ignited public anger in China. She argued flexibility offers welfare, contrasting it with regular employment benefits. This controversy highlights deep anxieties over job insecurity in China's cooling economy. Flexible workers, without permanent contracts, are projected to reach 320 million this year. Experts warn this trend strains China's welfare and pension systems significantly.
New headlight rules coming soon: What bike riders & vehicle owners need to know as govt plans to tighten high-intensity light norms
Schengen visa racket: Spain probes BLS over alleged role in €25,000 scheme
TVS Supply Chain, Japan's Sankyu join hands to expand supply chain, engineering services; shares jump 8%
Trump administration's visa pause for 75 countries struck down by US court
BMW CEO Hardeep Singh Brar says he would still buy a petrol car amid EV push, reveals what he thinks about E20 fuel in India
Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reports