Officials in India have banned daytime cooking in some parts of the drought-stricken country in a bid to prevent accidental fires that have killed nearly 80 people even as the sizzling temperatures have claimed more than 300 lives this month in India. After accidental fires exacerbated by dry, hot and windy weather swept through shantytowns and…
Following a surge in prices sparked fears of a boom-and-bust cycle and with the aim of controlling speculative trading activity, China’s securities regulator ordered the country’s major commodity futures exchanges to take steps, reports Reuters quoting sources. Major institutional investors were ordered to rein in their trading by commodity futures exchanges in Dalian, Shanghai and…
A deal is being targeted by June by the Chinese investor group pursuing a takeover of the AC Milan soccer club, said reported Bloomberg. AC Milan is controlled by former Italian Prime Minister Silvio Berlusconi. The consortium is seeking a deal in time for the summer transfer season and they have agreed on most key terms.…
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