India’s struggling airlines have just received another crude blow

Battered by a constantly depreciating rupee and rising costs, the last thing India’s airline companies needed right now was a hike in aviation turbine fuel (ATF) price. But that’s exactly what the country’s state-run oil marketing companies (OMCs) have gifted the beleaguered passenger carriers. Today (Oct. 01), the OMCs increased ATF prices by 7.25%. “(ATF) domestic prices in pan-India […]

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Indonesia confirms multiple mass prison breaks in quake-tsunami zone

The Indonesian government on Monday (Oct 1) said that as many as 1,200 inmates have escaped from three detention facilities in the devastated region of Sulawesi following an earthquake and tsunami disaster. The mass prison break happened after the powerful tremor sparked a wall of water that devastated the small city of Palu on Friday. Ministry of Justice official Sri […]

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Billionaire Founder of JD.com Arrested on Sexual Misconduct Claims

Liu Qiangdong released, but investigation continues A Chinese billionaire was arrested in Minneapolis late Friday on suspicion of criminal sexual conduct, the AP reports. Liu Qiangdong, also known as Richard Liu, founder of Beijing-based e-commerce site JD.com, was released Saturday. Minneapolis police wouldn’t give details due to the ongoing investigation and told Reuters charges could be filed, but in […]

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