The crown prince this week was given a lavish welcome in Pakistan where the two sides signed memoranda of understanding valued at about $20 billion to help prop up Pakistan's economy. India will forcefully raise the issue of cross-border terrorism during the talks with the Saudi delegation later in the day, officials said. Pakistan says it only gives diplomatic support to the Kashmiri people in their struggle for self-determination.
Saudi Aramco said on Wednesday that investing in India is a priority for the company, and it expects the country's oil demand to rise to 8.2 million barrels per day by 2040. "India is an investment priority for Saudi Aramco," CEO Amin Nasser said at a panel discussion in New Delhi. Nasser is part of the entourage travelling with Saudi Arabia's Crown Prince Mohammed bin Salman, who is in India for a one-day visit.
The rapid scale-up of the human papillomavirus (HPV) vaccine could virtually eliminate cervical cancer in a handful of rich countries within three decades, and in most other nations by century's end, researchers said Wednesday. Without screening and HPV vaccination, more than 44 million women will likely be diagnosed with the disease over the next 50 years, they reported in The Lancet Oncology, a medical journal. "This is a potential threshold for considering cervical cancer to be eliminated as a major public health problem," the authors said in a statement.
The US stands virtually alone in the world in having a leader who openly dismisses the reality of climate change. Jay Inslee, the gravel-voiced governor of Washington, is poised to enter the throng of Democrats vying to dislodge Donald Trump as president in the 2020 election.
Lockheed Martin offered India a new combat jet, F-21, on Wednesday to be made locally, in a bid to win a large military order worth over $15 billion. The U.S. defence firm had earlier offered its F-16 fighter used by countries around the world for the Indian air force's ongoing competition for 114 planes to be made in India. "The F-21 is different, inside and out,” Vivek Lall, vice president of Strategy and Business Development for Lockheed Martin Aeronautics, said in a statement.
Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington's sanctions on Iran and Venezuela. U.S. West Texas Intermediate (WTI) crude oil futures hit 2019 highs of $56.39 per barrel on Wednesday but had slipped back to $56.15 per barrel by 0523 GMT, which was slightly above their last settlement. Oil prices have been supported by supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC).
The Tokyo-based company said on Wednesday it would open up an internal accelerator program to external entrepreneurs, including a partnership with Tokyo University under which students can turn ideas into businesses. Depending on the opportunity, Sony may invest, strike an alliance, provide office space or support the startups with its own marketing and sales expertise. “All kinds of people should have a chance to be an entrepreneur, that’s our slogan,” said Shinji Odashima, head of Sony’s accelerator program, at an event in Tokyo.