UK hits oil and gas companies with $6 billion windfall tax
Finance Minister Rishi Sunak unveiled the new 25% tax on the profits of energy producers such as BP (BP) and...
Month: May 2022
100,000 Chinese officials attend emergency meeting to revive Covid-hit economy
The unexpected video teleconference by the State Council was attended by officials across provincial, city and council levels, according to...
Dollar Stores Earnings Show Strength in Face of Inflation
Listen to article(1 minute)Discount retailers Dollar General and Dollar Tree reported earnings that beat Wall Street’s subdued expectations, sending both...
Eleven newborn babies die in Senegal hospital fire
"I just learned, with pain and consternation, the death of 11 newborn babies," Sall said in a tweet."I express my...
Philippine Congress declares Marcos as next president
The proclamation formalizes the once unimaginable return to power of the country's most famous political dynasty, after a 1986 "people...
Boeing Starliner Returns to Earth After Flight to International Space Station
A Boeing Co. BA 2.23% spacecraft landed in the desert on Wednesday after undocking from the International Space Station, marking...
Fed Minutes Show Urgency for Raising Rates to Tame High Inflation
Minutes from the Fed’s May 3-4 meeting, released Wednesday, also showed officials discussed the possibility they would raise interest rates...
Cherelle Griner speaks of her emotional turmoil following her wife Brittney’s detention in Russia
Earlier this month, a Russian court extended WNBA star and two-time Olympic gold medalist Griner's pretrial detention until at least...
The Middle East’s $13 billion sandstorm problem is about to get worse
Thousands of people in the Middle East flooded hospitals, unable to breathe properly. In Syria, medical units stockpiled canisters of...
Boris Johnson’s staff got drunk, brawled and abused cleaners during Covid lockdowns, damning report finds
Johnson is facing a battle to save his premiership after the report published on Wednesday by senior civil servant Sue...
China’s Covid-19 Lockdowns Hurt Sales of Starbucks Coffee, Adidas Sneakers
China’s strict Covid-19 lockdowns are hurting consumer spending for everything from coffee to sneakers and hotels, weighing on multinationals with...
Police raid leaves at least 22 dead in Rio de Janeiro
Authorities said a gunfight broke out after police were shot at while preparing to enter Vila Cruzeiro, an underprivileged community...
Wendy’s Largest Shareholder Trian Explores Burger-Chain Deal
Trian Fund Management LP, Wendy’s Co. WEN -2.34% ’s largest shareholder, said it is exploring an acquisition or another potential...
Lyft to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown
President John Zimmer announced the measures to staff Tuesday. Source link
An off-script Biden works to erase Trump’s legacy in Asia
Each man's comment caused ripples of surprise to cross the faces of his team seated nearby, including national security advisers...
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 2.01% PLC said Tuesday it would pay at least $1.2 billion and two business units would plead guilty...
Bolsonaro fires Petrobras CEO who warned of diesel crisis
Bolsonaro also called for the election of a new board, according to a statement released close to midnight local time...
Best Buy’s Sales Cool, and It Warns of a Rough Year Ahead
Best Buy expects higher supply-chain expenses to be worse than previously predicted this fiscal year.. Photo: Joe Raedle/Getty Images Electronics...
Boris Johnson under more pressure over new lockdown ‘Partygate’ photos
The photos, obtained by ITV News, appear to show Johnson offering a toast during a colleague's leaving party in November...
Nazanin Zaghari-Ratcliffe says Iranian authorities forced her to sign false confession as condition of release
Zaghari-Ratcliffe told the BBC that after traveling to Tehran International Airport on the day of her release, she was "made...
