Category Archives: Business

German opposition leader visits Kyiv, Scholz refuses to go

KYIV, Ukraine (AP) — German conservative opposition leader Friedrich Merz traveled to Kyiv Tuesday for meetings with Ukrainian officials including President Volodymyr Zelenskyy, as Chancellor Olaf Scholz made clear that he wouldn’t be visiting Ukraine ...

Strong BP profit renews call for energy sector windfall tax

LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas prices, renewing calls for a U.K. government tax on energy companies' windfall earnings to help households struggling with rising energy

Pope offers to meet Putin, still waiting to hear back

VATICAN CITY (AP) — Pope Francis told an Italian newspaper he had offered to travel to Moscow to meet with President Vladimir Putin to try to end Russia's war in Ukraine and suggested the invasion might have been provoked by

Slovakia, Hungary won’t back EU sanctions on Russian energy

BUDAPEST, Hungary (AP) — Slovakia and Hungary said Tuesday that they will not support sanctions against Russian energy that the European Union is preparing over the war in Ukraine, saying they are too reliant on those supplies and there are

Canadians trail Americans in desire to use and invest in cryptocurrency, poll finds

Canadians are less likely than Americans to use or invest in cryptocurrencies, says a new survey released Tuesday. The Ipsos survey conducted as part of larger social sciences and humanities funded research project says 24 per cent of Americans would u...

Live updates | Ukrainians wait in Mexico City for US entry

MEXICO CITY — Hundreds of Ukrainian refugees are camping out in Mexico City and waiting for the U.S. government to allow them into the country. About 500

Australian central bank hikes rate for 1st time in 11 years

CANBERRA, Australia (AP) — Australia’s central bank on Tuesday lifted its benchmark interest rate for the first time in more than 11 years. The cash rate rose from 0.1% to 0.35% in a move potentially damaging to a government that

Russia storms Mariupol plant as some evacuees reach safety

ZAPORIZHZHIA, Ukraine (AP) — Russian forces Tuesday began storming the steel mill containing the last pocket of resistance in Mariupol, Ukrainian defenders said, just as scores of civilians evacuated from the bombed-out plant reached relative safety an...

Georgia sets $1.5B in aid for electric vehicle maker Rivian

ATLANTA (AP) — The state of Georgia and local governments will give Rivian Automotive $1.5 billion of incentives to build a 7,500-job, $5 billion electric vehicle plant east of Atlanta, according to documents the company and state signed Monday.

Energy chief Granholm touts $3B plan to boost EV batteries

WASHINGTON (AP) — Continuing its push to dramatically boost sales of electric vehicles, the Biden administration on Monday announced $3.1 billion in funding to U.S. companies that make and recycle lithium-ion batteries.

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