Jets used for corporate travel by Russian state-owned oil major Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots. Using publicly available data, Reuters tracked 290 Rosneft flights between January, 2015 and May, 2019. Of those round trips, 96 took place during Russian public holidays or between ... Read More »

Hotel Leelaventure’s Rs 3,950 crore asset sale to Canada’s Brookfield Asset Management has run into a roadblock with the Securities and Exchange Board of India (SEBI) putting the transaction on hold after a complaint by minority shareholder ITC. The tobacco giant, which owns 7.9 percent in Hotel Leela, has alleged that ... Read More »

French designers Ronan and Erwan Bouroullec have used wooden moulds to produce giant versions of their diamond-shaped Ruutu vases. The vessels are named after the Finnish word for diamond, and were originally released by the design duo in 2014. Unlike the previous range, the larger limited-edition pieces for London’s Galerie Kreo were ... Read More »

On a warm September morning in 2014, the 10-man board of Brazilian steelmaker Usiminas met on the ninth floor of a blue glass tower in Sao Paulo. In the room, the board members grappled over whether to fire the company’s chief executive and two vice presidents after an audit found ... Read More »

Anglepoise unveil a new, enhanced, and greatly extended Giant Collection, including the first Giant Outdoor Collection, a new Giant wall mounted lamp with versions for indoor and outdoor use. For the first time, the Original 1227™ Giant has been re-engineered for outdoor. With marine-grade stainless steel fittings & IP65 ratings, ... Read More »