India’s Richest Man Buys world’s Oldest Toy Store India’s richest man just bought Britain’s most iconic toy store chain. Reliance, owned by billionaire Mukesh Ambani, is buying Hamleys from its Chinese owner C Banner International for around £68 million ($88 million). The deal,announced late on Thursday, will give Ambani complete […]

Mercedes-Benz’s Climate Pledge: All Cars To Be Carbon-neutral By 2039 Mercedes-Benz pledged on Monday to make its new passenger car fleet carbon-neutral within two decades, an ambitious goal built on electric vehicles and renewable energy. The target, described as a “fundamental transformation of our company,” appears to be more aggressive than similar carbon-neutral targets […]

Oil Prices Rise After Saudi Arabia Reports Tanker Attacks Oil prices are rising as escalating tensions in the Middle East stoke fears about a global supply crunch. Saudi Arabia said two of its oil tankers had been sabotaged off the coast of the United Arab Emirates, in attacks it said posed a […]