MILAN (Reuters) – Italian energy group Eni will open accounts this week to pay for Russian gas after clarification such a move will not breach sanctions, two sources said on Monday. In updated guidance on Friday the European Commission confirmed its previous advice that EU sanctions do not prevent companies from opening an account at…
By Alun John HONG KONG (Reuters) – An affiliate of the company behind collapsed stablecoin TerraUSD said on Monday it had spent the bulk of its reserves trying to defend its dollar peg last week, and would use the remainder to try to compensate some users who had lost out. The token’s crash last week…
NEW YORK (AP) — The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel. The Voyager Scholarship will grant $50,000 to rising juniors to cover tuition costs over two years as well as…
LOS ANGELES (AP) — A Los Angeles judge has ruled that California’s landmark law requiring women on corporate boards is unconstitutional. Superior Court Judge Maureen Duffy-Lewis said the law that would have required boards have up to three female directors by this year violated the right to equal treatment. The ruling was dated Friday. The…
(Reuters) – Donald Trump will have to wait for six hours before reposting his messages from social media platform Truth Social on other platforms, a regulatory filing revealed on Monday. The platform was launched with the mission of standing up to Big Tech, after the former U.S. president was kicked off of Twitter, Facebook and…
WARSAW, Poland (AP) — U.S. Treasury Secretary Janet Yellen on Monday met with Ukrainian refugees and urged the need to confront Russian brutality as she visited Poland ahead of a meeting of finance ministers for the Group of Seven leading economies. Yellen applauded Poland for helping refugees fleeing the fighting and working with neighboring countries…
LONDON (AP) — Prime Minister Boris Johnson on Monday renewed British threats to break a Brexit agreement with the European Union, blaming it for a political crisis that’s blocking the formation of a new government in Northern Ireland. Johnson said there would be “a necessity to act” if the EU doesn’t agree to overhaul post-Brexit…
(Reuters) – Thales won a ten-year contract to deliver advanced tactical radios to the U.S. Army as one of two vendors in a deal with an overall volume of $6 billion, the French defence group said on Monday. “This contract was awarded as part of an effort (of the U.S. Army) to retire its outdated…
-A small but growing number of companies, including Amazon.com and Tesla Inc, are rolling out policies to offer benefits to U.S. employees who may need to access abortion services as some state legislatures impose tighter restrictions. An unprecedented leak of a draft opinion earlier this month suggests that the U.S. Supreme Court is set to…
By Marcy de Luna and Bianca Flowers HOUSTON/CHICAGO (Reuters) – Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions. U.S. natural gas futures have doubled this year,…
