Economy & Business

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EU exploring ways to use frozen Russian assets – Bloomberg

EU exploring ways to use frozen Russian assets – Bloomberg

Legal experts in the EU are looking for “possible options” to use frozen Russian...

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UK was ‘hours’ away from potential total meltdown – Bank of England

UK was ‘hours’ away from potential total meltdown – Bank...

The fallout from Liz Truss’ “mini-budget” saw Britain ‘hours’ away from a financial...

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Ex-workers sue Twitter over layoffs

Ex-workers sue Twitter over layoffs

Former Twitter employees have filed a class-action lawsuit against the company over...

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Germany warned of threat to gas reserves

Germany warned of threat to gas reserves

Germany’s storage facilities could quickly run out of gas if the weather gets cold,...

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Italy plans to spend billions to ease energy crunch – Reuters

Italy plans to spend billions to ease energy crunch – Reuters

The Italian government plans to spend €15 billion to fight the ongoing energy crisis,...

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Transition to electric cars projected to cost EU over half a million jobs

Transition to electric cars projected to cost EU over half...

The planned EU transition to electric cars by 2035 will lead to a loss of 600,000...

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French glass maker halts production as energy costs bite

French glass maker halts production as energy costs bite

France’s Duralex has been forced to stop operations for five months starting this...

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Elon Musk could add paid messages to Twitter – NYT

Elon Musk could add paid messages to Twitter – NYT

Elon Musk mulls adding paid messages to Twitter to let users contact celebrities,...

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G7 to set fixed price on Russian oil – Reuters

G7 to set fixed price on Russian oil – Reuters

The G7 countries and Australia have agreed to set a fixed price on Russian oil instead...

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UK business confidence drops – survey

UK business confidence drops – survey

British service companies in October slumped at the fastest pace since January 2021,...

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Russian LNG exports rising – Bloomberg

Russian LNG exports rising – Bloomberg

Liquefied natural gas exports from Russia in October surged to the highest level...

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Portugal considers dropping ‘golden visas’

Portugal considers dropping ‘golden visas’

Portugal might scrap its “golden visa” program, the country’s PM says Read Full...

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India to stick with Russian energy project

India to stick with Russian energy project

India’s ONGC will notify Moscow of its plans to retain its stake in Sakhlin-1, the...

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EU gas crisis may worsen next year – IEA

EU gas crisis may worsen next year – IEA

The EU may not be able to refill gas storage facilities next year due to the Russian...

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Canada kicks Chinese firms out of rare minerals sector

Canada kicks Chinese firms out of rare minerals sector

Canada has ordered Chinese companies out of the lithium mining production, citing...

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UK announces biggest rate hike since 1989

UK announces biggest rate hike since 1989

The Bank of England has hiked the key interest rate by 0.75%, the biggest increase...