FRANKFURT, Germany (AP) — Europe is facing an energy crisis that is squeezing ordinary people’s finances and in just a few weeks could mushroom into rolling blackouts and factory shutdowns. Already, many economists say a recession is on the way. The cause: Russia has choked off the supplies of cheap natural gas that the continent…
SAO PAULO (Reuters) – Brazil’s government on Tuesday ordered Apple Inc to stop selling iPhones without a battery charger in the country, claiming that the company provides an incomplete product to consumers. The Justice Ministry fined Apple 12.275 million reais ($2.38 million) and ordered the cancellation of the sale of the iPhone 12 and newer…
(Reuters) – A former FedEx Corp delivery contractor on Tuesday called for a no-confidence vote by contractors against FedEx Ground Chief Executive John Smith, escalating a conflict with the parcel delivery firm. The vote is scheduled to start on Tuesday and will end on Friday, Spencer Patton, president of the Trade Association for Logistics Professionals…
BERLIN (AP) — Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine, said a report published Tuesday. The Centre for Research on Energy…
(Reuters) – The U.S. Department of Commerce released its plan for implementing its $50 billion program to subsidize domestic chip manufacturing and expand research early on Tuesday. The CHIPS – Creating Helpful Incentives to Produce Semiconductors – for America Fund is meant to boost efforts to make the United States more competitive with China’s science…
BERLIN (AP) — Swiss retailer Migros said Tuesday that it is launching a coffeemaking system designed to replace capsules that produce thousands of tons of waste worldwide each year. The cooperative said its spherical capsules — described as “coffee balls” — are fully compostable, unlike the plastic and aluminum containers popularized by its rival Nestle…
By Ron Bousso LONDON (Reuters) – Shell and Exxon Mobil have put up for sale one of Europe’s largest and oldest natural gas production ventures, betting on soaring energy prices amid tensions with Russia to attract buyers, according to a document and industry sources. The top two Western energy giants could raise over $1 billion…
BERLIN (AP) — Israel’s president addressed Germany’s parliament on Tuesday about atrocities committed during the Third Reich, while at the same time praising the close and friendly relations that have emerged between the two countries since the end of the Holocaust. Six million European Jews were murdered by Germany’s Nazis and their henchmen during World…
THE HAGUE, Netherlands (AP) — The Dutch agriculture minister has unexpectedly resigned, telling reporters he wasn’t the right person for the job following a tumultuous summer of protests by farmers over pollution regulations. Henk Staghouwer, who held the position for only nine months, announced his decision Monday night. He had just returned from Brussels, where…
DALLAS (AP) — With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall. Air travel in the United States, bolstered by huge numbers of tourists, has nearly recovered to pre-pandemic levels — even topping 2019 numbers over the Labor Day weekend….
