Secretary general Kristian Ruby of Eurelectric, the power industry association of the European Union (EU) warned that skyrocketing gas prices in Europe are putting electricity firms under “unprecedented liquidity strain.” … Read more
Babylon Finance announced it was closing down after failing to recover from the Rari Hack and the crypto winter. “Despite our efforts, we haven’t been able to revert the negative … Read more
Bill Gates-owned nuclear startup TerraPower has raised $750 million in funds to create advanced nuclear reactors that can replace the vast majority of light-water reactors that are used in the … Read more
Global coffee chain Starbucks is allegedly mulling whether to sell its business operations in the United Kingdom amid price surges and the rise of new competitors in the country. Citing … Read more
Russian state energy giant Gazprom has declared force majeure on some of its EU clients after recent warnings of a total shutoff. Gazprom reportedly claimed that it could not provide … Read more
The Dutch tax office has allegedly helped Uber gain a monopoly in the European Union (EU) by supplying confidential information about other countries’ plans to tax the company. According to … Read more
The Colonial Pipeline was shut down on July 4, 2022 after approximately 24,000 gallons (or 591 barrels) of gasoline spilled in Loudon, Tennessee. The spill, was discovered after authorities at … Read more
The Ukrainian World Congress (UWC) has decided to file a lawsuit against the Canadian government over its return of the repaired Nord Stream turbines to Germany. According to the UWC, … Read more
Danish toymaker Lego announced on Tuesday that it is ending a joint venture with Russia’s Inventive Retail Group (IRG) and will stop selling products in Russia. IRG operated 81 retail … Read more
The Indian Enforcement Directorate (ED) confiscated $59 million from Chinese phone maker Vivo on Thursday over tax evasion charges. According to the ED, the Indian anti-money laundering agency, Vivo India … Read more