Economy & Business
Zelenskiy seeks stronger defence of Ukraine grains export corridor
The world must respond firmly to any Russian attempts to disrupt Ukraine’s grain export corridor, President Volodymyr Zelenskiy said, as more ships ...Ukraine seeks Russia’s expulsion from G20, says Putin’s hands ‘stained in blood’
Ukraine’s Foreign Ministry spokesperson said on Tuesday Russia should be expelled from the Group of 20 major economies and President Vladimir Putin’s ...Musk begins his Twitter ownership with firings, declares the ‘bird is freed’
Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal efficiency, firing top executives but providing little clarity over how he will achieve ...France begins nationwide strike amid soaring inflation
French trade unions began a nationwide strike on Tuesday, asking for higher salaries amid decades-high inflation and posing President Emmanuel Macron one ...Energy crisis sires new European order: a strong Italy and ailing Germany
In the weeks after Russia’s invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni (ENI.MI), embarked on a ...Gas leaks in Russian pipelines to Europe trigger sabotage probe
Europe was investigating major leaks in two Russian pipelines that spewed gas into the Baltic Sea on Tuesday as Sweden launched a ...Sterling plunges to all-time low in scathing appraisal of fiscal plan
Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the exits after the new government’s fiscal plan ...Fraudsters likely stole $45.6 billion from U.S. COVID unemployment insurance program
Fraudsters likely stole $45.6 billion from the United States’ unemployment insurance program during the COVID-19 pandemic by applying tactics like using Social ...Europe’s vegetable farmers warn of shortages as energy crisis bites
Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year he may abandon his ...Germany takes control of Russian-owned refinery
The German subsidiary of Russian oil giant Rosneft (ROSN.MM) was placed under trusteeship on Friday, giving Germany’s federal regulator control of the PCK refinery ...