Austria announces price cap to curb rising power prices
BERLIN (AP) — The Austrian government on Wednesday announced plans for a power price cap to curb the rise in…
EU wants price cap on Russian gas, energy companies to pay
BRUSSELS (AP) — European Union countries should set a price cap on Russian natural gas and seek a “solidarity contribution”…
Top European Bankers Warn On Recession, China And U.S. Banks
FRANKFURT (Reuters) -Deutsche Bank chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China…
New UK Cabinet is diverse in makeup and solidly on the right
LONDON (AP) — Liz Truss’s new Cabinet is Britain’s most diverse ever, with women serving as prime minister and deputy…
Target drops mandatory CEO retirement age, Cornell to stay
NEW YORK (AP) — Target is dropping the mandatory retirement age for its CEO, allowing Chief Executive Brian Cornell to…
Intel Says It Has No Current Plans To Start Manufacturing In India
NEW DELHI (Reuters) – Intel Corp currently has no plans to establish a manufacturing facility in India, the company said…
Shelling resumes near Ukraine nuclear plant, despite risks
KYIV, Ukraine (AP) — Russia resumed shelling near Ukraine’s Zaporizhzhia nuclear power plant, a local official said Wednesday, a day…
ABB Shareholders Approve Accelleron Spinoff
ZURICH (Reuters) – ABB shareholders approved on Wednesday spinning off turbocharging business Accelleron, whose products increase engine output and raise…
Putin mocks West, says Russia will press on in Ukraine
MOSCOW (AP) — Russian President Vladimir Putin said Wednesday that Moscow will press on with its military action in Ukraine…
Scholz: Germany well-placed on energy to get through winter
BERLIN (AP) — Germany is well-placed to get through this winter with enough energy thanks to efforts to shore up…