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US-Venezuela's historic deal: Will Americans get cheaper gas now?

The United States has successfully negotiated a deal to import Venezuelan oil, aiming to replenish its reserves with a consistent supply of affordable crude. While the long-term implications for American drivers remain ambiguous, the deal’s effect may not be felt for several months. The arrangement involves significant untapped oil fields and a private company, but...

Sugar gets sweeter again: Retail prices fall 3.85% to Rs 62.57/kg in a week

Sugar prices have started to fall across markets following government interventions. The average retail price has dropped significantly over the past week. However, consumers still pay more than a month ago due to existing stock. Wholesale rates are not immediately reflecting in retail prices as traders hold old inventory. Government measures like import allowances and...

Uber lays off 3,300 employees as it restructures for faster growth

Uber is cutting approximately ten percent of its global workforce, impacting about thirty-three hundred employees. This major restructuring aims to reduce management layers and simplify company operations. Resources will be reallocated towards core ride-hailing, delivery, and robotaxi businesses. The company is also tightening remote-work policies, requiring most staff to return to offices. These changes are...
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