U.S. import prices drop further; inflation pressures easing
U.S. import prices fell for a fifth straight month in November, pulled down by declining costs for petroleum products and a strong dollar, supporting the…
Category: Business
Moldova plans to sue Russia’s Gazprom for failure to stick to contract -deputy PM
Moldova plans to sue Russia’s Gazprom (GAZP.MM) for failing to fulfill its obligations under a contract to supply gas, Germany’s Deutsche Welle agency cited a…
FTX founder Bankman-Fried in custody after fraud charges, bail denied
A Bahamian judge denied FTX founder Sam Bankman-Fried bail on Tuesday, hours after U.S. prosecutors accused the 30-year-old of misappropriating billions of dollars and violating…
Aircraft lessors sue insurers for $8 billion over trapped Russian planes
Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of aircraft stuck…
Twitter to shut down newsletter product Revue next year
Twitter said on Wednesday it will discontinue its newsletter product Revue next year, days after owner Elon Musk said he was open to buying rival…
French TV regulator urges Eutelsat to stop broadcasting three Russian channels
French broadcasting authority Arcom on Wednesday urged satellite company Eutelsat (ETL.PA) to stop carrying three Russian TV channels, whose coverage of the war in Ukraine…
Chevron to create JV for U.S. geothermal projects
Chevron Corp (CVX.N) is forming a joint venture with Swedish investment and development firm Baseload Capital to develop geothermal projects in the United States, the…