World Bank Gloomier About Global Economy Due to Inflation and War
The World Bank has again become gloomier about global economic growth this year. The Russian invasion of Ukraine and the sharp rise in prices are...
Germany Restarts Coal-Fired Power Stations When Russian Gas Shuts Down
Germany will restart coal and oil power plants if Russia stops supplying the country with natural gas because of the war in Ukraine. The...
New York Stock Exchange: Historic Loss Series Threatens for Dow-Jones Index
The New York Stock Exchange's Dow-Jones Index is poised to match a historic loss streak. For the first time in about a hundred years, the...
EU: Getting Rid of Russian Energy Costs 300 Billion Until 2030
More energy savings in the short term, doubling the use of solar energy in the EU within three years, more diverse energy sources, including nuclear...
KLM Raises Staff Wages by 5 Percent Due to Inflation
KLM airline still raises wages for staff by 5 percent. This will be done retroactively from 1 March. Initially, the increases of 2.5 percent each...
Prime Minister Johnson: Northern Ireland Brexit Agreements Untenable
The Brexit agreements between the European Union and the United Kingdom on Northern Ireland are untenable, according to British Prime Minister Boris Johnson. According to...
CNBC: Elon Musk Temporarily CEO of Twitter After Takeover
Tesla boss Elon Musk is expected to become temporary CEO of social media platform Twitter after he acquires that company, business website CNBC reports citing...
Just Eat Takeaway Heard of Possible Manager Misconduct on Sunday
The supervisory board of Just Eat Takeaway has been aware of possible misconduct by operational director Jörg Gerbig since Sunday. The meal deliverer announced...
Kremlin: Turning Off Gas Tap as a Result of Steps Against Russia
The fact that Russia has turned off the gas tap for Poland and Bulgaria is the result of "unfriendly steps" by European countries. Kremlin spokesman...
Manufacturer Ariel and Pampers Lost Billions Due to Expensive Raw Materials
Procter & Gamble expects a bite of almost 3 billion dollars from profit this broken financial year due to more expensive materials and higher transport...