Browsing Category
Business
Strike at Australian LNG Project Shell can Continue Longer
Workers at a floating liquefied natural gas (LNG) production facility in Australia belonging to the oil and gas group Shell are planning to continue on strike. This was reported by a union. The strike could disrupt maintenance activities,…
Consumers’ Association Takes KLM to Court for Refund of Tickets
KLM continues to send travellers who want the money back after a cancelled flight "from the cupboard to the wall". And hundreds of customers of the bankrupt travel group D-Reizen are still waiting for the money from their cancelled KLM…
Asian Stocks Mostly Lower After Australia Interest Rate Decision
Asian stock markets were mostly down on Tuesday. Investors processed the Australian central bank's decision to raise interest rates further to 0.85 percent. A month ago, interest rates in Australia were raised for the first time since…
Oxfam Calls on Policymakers to Take Measures Against Increasing Extreme Poverty
Food prices are rising around the world and those price increases threaten to push an additional 263 million people into extreme poverty by the end of this year. Oxfam writes this in a report that will be published on Monday.
The…
Bitcoin Continues to Fall and Briefly Drops Below $30,000
Bitcoin's value continued to fall on Tuesday, briefly diving below $30,000. The digital coin was worth about $31,500 around 06:30 AM UK time.
Cryptocurrencies have been falling for a few days now due to interest rate fears among…
Intel Buys Graphics Software Company Siru Innovations
Intel has bought Siru Innovations. It is a Finnish company specializing in graphic technology. Siru makes software and silicone parts for graphics cards, among other things.
With the purchase, Intel seems to be focusing on graphic…
Poland Confirms That No More Russian Gas Will Enter
Polish state gas company PGNiG confirms that Russia's Gazprom has completely stopped supplying gas despite a previously concluded contract. The Russians previously announced that they would stop gas supplies to Poland and Bulgaria because…
Reuters: Twitter With Tesla Boss Elon Musk About Bid
Twitter has started negotiations with Tesla boss Elon Musk about his billion-dollar offer for the social media company, Reuters news agency reported based on insiders. However, negotiations underway do not immediately mean that Twitter will…
UK Inflation to Highest Point in 30 Years
Inflation in the United Kingdom rose to 7 percent year-on-year in March, the highest level in thirty years. According to the British National Statistics Office, the sharp rise in energy and fuel prices, in particular, is driving inflation.…
Chinese Tech Stocks Down on Interest Rate Fears and New Sanctions
Chinese tech stocks lost market value in the Hong Kong stock market on Wednesday. Investors became more cautious after comments from a Federal Reserve chief about US interest rate policy.
In addition, the United States and its…