The Organization of the Petroleum Exporting Countries has appointed Kuwaiti oil executive Haitham Al Ghis as its new Secretary-General, as oil demand continues to improve amid a mild recovery from the coronavirus pandemic.
China's northern city of Tianjin ordered a second round of COVID-19 testing of all 14 million residents after discovering 97 cases of omicron variant during initial screenings.
The Indian mining major Vedanta has inked an MoU with Taiwanese electronics manufacturing company, Hon Hai Technology Group (better known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India.