Economy & Business
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 ...EU lawmakers raise pressure to cut funds for Hungary over graft woes
A large majority of European Union lawmakers voted on Thursday to condemn damage to democracy in Hungary under veteran Prime Minister Viktor ...Singapore outlines financial services overhaul with eye on green finance boom
Singapore announced plans on Thursday to overhaul its financial services industry by 2025 in a bid to cement its position in a ...Germany, EU race to fix energy crisis
Germany said on Tuesday it would step up lending to energy firms at risk of being crushed by soaring gas prices, as ...UK jobless rate hits 48-year low as people quit labour market
Britain’s unemployment rate fell to its lowest since 1974 at 3.6% in the three months to July as more people left the ...Europeans doubt Iran’s intentions in nuclear talks
France, Britain and Germany on Saturday said they had “serious doubts” about Iran’s intentions to revive a nuclear deal, comments that were ...Euro zone to coordinate fiscal, monetary policy to fight inflation
Euro zone finance ministers agreed on Friday to act together to protect households and companies from soaring energy prices, coordinating their support ...Russia threatens to stop exporting energy to Europe; Ukraine claims advances in the east
Russian President Vladimir Putin threatened to halt all energy shipments to Europe, if Brussels goes ahead with a proposal to cap the ...
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