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MUMBAI: The rupee declined against the US currency on Wednesday on dollar demand from importers and weak Asian cues. The rupee was trading at 81.48 to the dollar by 0450 GMT, down from 81.0950 in the previous session. The local unit had…

Berlin/London CNN Business  —  Germany is nationalizing Uniper, its biggest importer of natural gas, as part of an €8 billion ($7.9 billion) plan to prevent an energy shortage…

The German government has said it will nationalise the country's biggest gas importer, Uniper, as it battles massive losses amid Europe's energy crunch.The Finnish company Fortum that had controlled Uniper said Russia's…

<!-- -->Petronet to invest Rs 40,000 core in the next 5 yearsNew Delhi: Petronet LNG Ltd, India's biggest gas importer, will invest Rs 40,000 crore in the next five years for expanding import infrastructure as well as foraying into…

As Europe’s energy crisis escalates, Uniper, Germany’s largest importer of natural gas, asked the government for help on Friday, hours after Parliament passed a law aimed at keeping the energy provider afloat.The company’s finances have…

Uniper, a German energy provider, is talking to the government about a possible bailout, the economy ministry said Thursday, making it the first major utility to seek help since the Russian natural gas giant Gazprom slashed deliveries to…

<!-- -->China has been Russia's biggest market for crude oil since 2016. (Representational)Beijing: Beijing's imports of oil from Moscow in May have risen 55 per cent year on year, making it the biggest Russian oil importer amid…

Bruce Whitfield talks to Jaco Maritz (Editor, How we made it in Africa) about Africa's French champagne consumption habits.…

India which became known as an importer of arms has now adopted the mantra of "Make in India, Make for the World" to turn the country self-reliant in the defence sector, Prime Minister Narendra Modi said on Friday as he handed over some…