Venezuela has big oil, Trump has bigger plans, but is it that simple? | Slippery hitches in US ambitions, explained

The brazen and swift “capture” of Venezuelan President Nicolas Maduro by US special forces in an operation inside the Latin American country’s capital has rejigged geopolitics. And it has put the global spotlight on Venezuela’s massive natural wealth — an oil rush, if crudely stated. A flame burning natural gas is seen at a heavy-crude […]

Anand Mahindra warns of ‘far bigger crisis’ than AI wiping out white-collar jobs| Business News

Anand Mahindra has warned of “a far bigger crisis” at hand amid fears that AI will wipe out white-collar jobs. Mahindra Group Chairman Anand Mahindra. (Bloomberg) “For decades, we pushed degrees and desk jobs to the top of ‘aspirational’ ladder and quietly pushed skilled trades to the bottom,” the chairman of the namesake conglomerate that […]

Mehli Mistry exits Tata Trusts, says ‘nobody’s bigger than the institution’| Business News

Mehli Mistry has decided to move on Tata Trusts, according to his letter to other trustees, effectively bringing an end to a tussle that threatened to destabilise the decision-making body of the largest conglomerate in India. Tata Trusts holds a two-thirds stake in Tata Sons Pvt. Ltd. (Reuters) In the letter, which was addressed to […]