EU to raise $140b from excess profit tax on oil majors to cushion effects of high prices on citizens.
The 27 energy ministers of the European Union are prepared to agree on a set of policies on Friday that will lessen the effects of
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
4 Ukrainian regions will officially become part of Russia on Friday. – Kremlin
On Thursday, Russia said that it would formally annex some regions of Ukraine. These regions had just staged “referendums” on Moscow’s control that the Ukrainian
Energy crisis: EU mobile network may collapse this winter.
If blackouts or power shortages caused portions of mobile phone networks around the region to be interrupted, cell phone usage would be disrupted in Europe
EU energy networks: Firms beef up security, sabotage to be met with force.
The European Union is threatening reprisal for any attack on Europe’s energy networks, a senior official warned on Wednesday as energy companies increased security. The
UK economy in turmoil; BoE injected 65 billion pounds to stabilize the bond markets.
Banks warned Kwasi Kwarteng that the upcoming Budget was “far too far away” and encouraged him to lay out his strategies for accelerating economic growth
Global hunger: ADB will invest $14b to strengthen the food value chain in Asia-Pacific.
The Asian Development Bank announced on Tuesday that it will invest at least $14 billion through 2025 to assist alleviate the region’s escalating food crisis.
Nigeria’s economy near collapse as fuel subsidies exceeded $1b in August. NNPC renders zero remittance for 2022.
According to numbers provided to the government by the state oil corporation NNPC, the price of gasoline subsidies in Nigeria increased to 525.714 trillion naira
Russia mass school shooting: 13 people dead and 21 injured.
At least 13 people have been killed and 21 others have been injured in a school in central Russia, according to the local authorities. Two
Iran headscarf death: The US permits tech companies to boost internet access in Iran as protests worsen.
In order to provide internet access for Iranians, the US has stated that it is enabling American tech companies to extend their operations in Iran,
The World’s Largest Produce Market in Paris razed by Fire.
On Sunday, a warehouse fire at a sizable produce market, which claims itself as the largest of its kind in the world and provides much
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