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Tuesday, May 24, 2022
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Quitting Russian oil by late summer ‘realistic’, says Germany

Germany has said it is making progress on weaning itself off Russian fossil fuels and expects to be fully independent of Russian crude oil...

Inflation reaches record level in euro zone as fuel prices surge

Inflation hit a new record in the euro zone as skyrocketing fuel prices boosted by the war in Ukraine add new burdens to household...

Russia suspending gas supplies to Poland and Bulgaria

Officials in Poland and Bulgaria say Russia is suspending their countries’ natural gas deliveries starting on Wednesday. The governments of the two European countries said...

Twitter ‘in talks with Musk to buy platform’

Twitter’s board and Tesla chief executive Elon Musk negotiated into the early hours of Monday over his bid to buy the social media platform,...

German industry and unions oppose EU ban on natural gas from Russia

Germany’s employers and unions have joined together in opposing an immediate European Union ban on natural gas imports from Russia over its invasion of...

Elon Musk gives $5.7bn in Tesla stock to charity

Tesla chief executive Elon Musk donated about 5 million shares of company stock worth roughly $5.7 billion dollars (€5 billion) to an unidentified charity...

Facebook owner suffers 26% plunge in share price

A historic plunge in the stock price of Facebook’s parent company has helped yank other tech stocks lower on Wall Street, abruptly ending a...

US stocks slide after Fed signals interest rates will rise ‘soon’

An early market rally on Wall Street gave way to a broad slide for stocks and a surge in bond yields after the Federal...

Death toll rises after blaze at major Kuwait oil refinery

The death toll from a fire at a major oil refinery in Kuwait has been raised to four after two critically injured workers died...

Microsoft ‘investigated Gates over relationship before he left board’

Microsoft chiefs decided in 2020 that it was not appropriate for its co-founder Bill Gates to continue sitting on its board as they investigated...

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