Business

Biden Signs Bill Averting Strike, to Rail Unions' Dismay

Congress and the Biden administration this week used the provisions of a 96-year-old labor law to force unions representing thousands...

Biden Signs Bill to Block US Railroad Strike

President Joe Biden signed legislation Friday to block a national U.S. railroad strike that could have devastated the American economy....

EU oil price cap may result in ‘violent’ spikes – Economist

The European Union’s plan to cap Russian seaborne oil could send ripples across the global energy market, The Economist reports Read...

EU has agreed price cap for Russian oil – Poland

An agreement has been reached after Poland and the Baltic states dropped their demand to cap the price of Russian oil at $30 a barrel...

EU’s oil cap may result in ‘violent’ price spikes – Economist

The European Union’s plan to cap Russian seaborne oil could send ripples across the global energy market, The Economist reports Read...

EU member confirms agreement on price cap for Russian oil

An agreement was reached after Poland and the Baltic states dropped their demand to cap the price at $30 a barrel Read Full Article...

Switzerland may ban EVs to avoid blackouts – Der Spiegel

Switzerland may ban electric cars from the roads this winter in an effort to conserve electricity, according to a media report Read...

US Job Growth Beats Expectations; Unemployment Rate Steady...

U.S. employers hired more workers than expected in November and raised wages despite mounting worries of a recession, which could...

Italy to seize Russian oil refinery – media

Italy has placed a refinery run by Russian oil giant Lukoil under state trusteeship to secure energy supplies, according to a media...

Airbus to cut Russian titanium purchases – Reuters

European plane maker Airbus will stop buying Russian titanium “within months,” a company executive says Read Full Article at RT.com...

EU tentatively agrees Russian oil price cap – Reuters

EU member states have agreed to cap the price of Russian crude oil at $60 a barrel, Reuters has reported Read Full Article at RT.com...

Shipping costs for Russian oil rising – Bloomberg

Cost of shipping Russian oil is surging ahead of EU sanctions, as more carriers shun it and others charge more to offset risks Read...

Research reveals Brexit impact on UK consumers

Leaving the EU has added $7 billion to Britons’ food bills in two years, a new study by the London School of Economics has found Read...

Brexit impact on UK consumers revealed

Leaving the EU has added $7 billion to Britons’ food bills in two years, a new study by the London School of Economics has found Read...

France could go dark this winter

France may face rolling blackouts if its electrical grid comes under stress during cold snaps, the country’s energy regulator warns...

Mystery ‘Customer S’ to dominate Synlait production

Annual meeting hears multinational could be milk processor’s biggest customer in five years.

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