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Inflation reaches record level in euro zone as fuel prices surge

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

Russia suspending gas supplies to Poland and Bulgaria

Digital Desk -
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...
MARKETS

Twitter ‘in talks with Musk to buy platform’

Digital Desk -
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,...
MARKETS

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

Digital Desk -
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...
MARKETS

Elon Musk gives $5.7bn in Tesla stock to charity

Digital Desk -
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...
MARKETS

Facebook owner suffers 26% plunge in share price

Digital Desk -
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...
BUSINESS

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

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

Death toll rises after blaze at major Kuwait oil refinery

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

Microsoft ‘investigated Gates over relationship before he left board’

Digital Desk -
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...
BUSINESS

Saudi oil firm Aramco’s first-quarter profits up by 30%

Digital Desk -
Saudi Aramco’s profits soared by 30% for the first quarter of the year, riding on the back of higher crude oil prices. The company’s financial...
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