Exxon sues EU in move to block new windfall tax on oil companies
US oil major Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, ...
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Musk tells Tesla workers not to be ‘bothered by stock market craziness’
Tesla Inc (TSLA.O) Chief Executive Elon Musk told employees that they should not be “bothered by stock market craziness” after the company’s shares fell nearly 70 per cent this ...
What investors watch out for in emerging markets in 2023
It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies suffer and double-digit losses in stocks and bonds alike – though many investors ...
Inflation, recession and earnings among factors to drive US stocks in 2023
US stock investors could not be more eager to turn the page on 2022, a brutal year dominated by market-punishing Federal Reserve rate hikes designed to tamp down the steepest inflation ...
Gold price soars in Egypt as local currency weakens
The price of gold in Egypt has risen to unprecedented highs as nervous savers seek refuge from a weakening currency and some companies export bullion to raise scarce dollars to ...
COVID rules for travellers from China around the world
Countries are imposing or considering imposing curbs on travellers from China amid a COVID-19 surge there after authorities relaxed ‘zero-COVID’ rules.
They cite a lack of information from China on ...
Russia fires barrage of missiles, Ukraine condemns ‘senseless barbarism’ – Update
Russia fired scores of missiles into Ukraine early on Thursday, targeting Kyiv and other cities including Lviv in the west and Odesa in the southwest, sending people rushing to shelters ...
Haaland scores twice as Man City cruise past Leeds
Erling Haaland continued his incredible season in front of goal with a brace to help Manchester City cruise to a 3-1 victory at Leeds United on Wednesday, ensuring the champions ...
Rouble sinks to 8-month low vs dollar as sanctions fears weigh
The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and gas may limit export revenues.
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Britain’s Met Office says 2022 set to be UK’s warmest yet
The year 2022 will be the warmest year on record for the United Kingdom, provisional figures reported by Britain’s national weather service on Wednesday showed, after a summer marked by ...
Turkish Airlines expects more than 88 mln passengers in 2023
Turkish Airlines (THYAO.IS) carried just over 72 million passengers this year and sees that rising to more than 88 million next year, the chairman of the national carrier said, according to ...
COVID pressures China’s hospitals as countries mandate tests for travellers
Chinese hospitals and funeral homes were under intense pressure on Wednesday as a surging COVID-19 wave drained resources, while the scale of the outbreak and doubts over official data prompted ...
Russia steps up artillery attacks on liberated Kherson and eastern Ukraine
Russian forces stepped up mortar and artillery attacks on the recently liberated city of Kherson in southern Ukraine on Wednesday, Ukraine’s military said, while also exerting pressure along frontlines ...
Ukraine ‘helped the West find itself again’, Zelenskiy says
Ukrainian President Volodymyr Zelenskiy declared his country a “global leader” in a speech to parliament on Wednesday, telling lawmakers to remain united in the face of Russia’s invasion and ...
Doncic’s historic triple-double helps Mavs to improbable win over Knicks
Luka Doncic became the first player in NBA history to record 60 points, 20 rebounds and 10 assists in a game as he guided the Dallas Mavericks to an improbable comeback win in ...
Former pope Benedict ‘very sick’, Pope Francis calls for prayers
Former pope Benedict, a hero to conservative Catholics and who in 2013 became the first pontiff in 600 years to step down, is “very sick”, his successor Pope Francis said on Wednesday, ...
Britain urges Iran to stop ‘unfairly detaining’ dual nationals
Britain urged Iran on Wednesday to stop detaining dual nationals following the arrestof seven people with links to the United Kingdom, saying the practice should not be used to obtain “...
Russians flock to Thailand as tourism rebounds from collapse
Thailand is receiving an influx of Russian visitors, with data showing monthly arrivals doubling in November and up nearly seven times than September, far outpacing rises from other countries in ...
Philippines hunts for 26 still missing after weekend weather disaster
Rescue teams across nine provinces in the Philippines raced on Wednesday to try to locate 26 people missing after weekend rains, floods and landslides that have killed at least 25 people, in ...
Greek island rattled by strong earthquake, felt in Athens
A 4.9 magnitude earthquake shook the island of Evia in central Greece on Wednesday and was felt in Athens, according to the Athens Geodynamic Institute.
There were no immediate reports of ...
Tesla used car price bubble pops, weighs on new car demand
Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at ...
Oil prices slide on worries about China COVID surge, possible global recession
Oil prices fell on Wednesday on concerns that rising COVID-19 cases in China, the world’s top oil importer, will disrupt its economic recovery as it unwinds its pandemic restrictions, ...
FTX customers file class action to lay claim to dwindling assets
FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company’s holdings ...
New York state digs out from deadly blizzard
Storm-weary road crews and residents of western New York state struggled on Tuesday to dig out from a deadly weekend blizzard, with snow still falling and forecasts for rapid warming ...