Category Archives: Business
Sri Lanka medical group warns of catastrophic shortages
COLOMBO, Sri Lanka (AP) — Sri Lanka's national medical association warned Thursday that hospitals will be unable to provide even emergency services in coming weeks because of critical shortages of drugs and medical equipment caused by the country's eco...
US moves to choke off exports to 3 Russian airlines
WASHINGTON (AP) — The Biden administration moved Thursday to choke off U.S. exports to three Russian airlines as part of what officials described as an unprecedented enforcement action.
Finland, Estonia eye floating LNG terminal to ensure supply
HELSINKI (AP) — Finland and Estonia said Thursday that they are jointly planning to rent a floating liquefied natural gas, or LNG, terminal to ensure supply in the two countries in efforts to break energy dependence on neighboring Russia.
EU approves Bulgaria’s post-pandemic recovery fund plan
SOFIA, Bulgaria (AP) — Brussels has given the green light to Bulgaria’s European Union-funded recovery and sustainability plan, European Commission President Ursula von der Leyen said during a visit to Sofia on Thursday.
Meta: Russian invasion driving more disinformation online
Hackers aligned with Russia broke into the social media accounts of dozens of Ukrainian military officers and were working to upload videos of defeated and surrendering Ukrainian soldiers when the plot was disrupted, according to a report from Meta tha...
Europe agrees to ban Russian coal, but struggles on oil, gas
The European Union nations have agreed to ban Russian coal in the first sanctions on the vital energy industry over the war in Ukraine, but it has underlined the 27 countries' inability to agree so far on a much more
Yellen calls for crypto regulation to reduce risks, fraud
WASHINGTON (AP) — Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and ward off fraudulent or illicit transactions. One
Chinese hackers reportedly target India’s power grid
BANGKOK (AP) — India's power sector has been targeted by hackers in a long-term operation thought to have been carried out by a state-sponsored Chinese group, a U.S.-based private cybersecurity company detailed in a new report.
US diplomat: Mediterranean gas pipeline to Europe not viable
NICOSIA, Cyprus (AP) — A proposed pipeline to deliver natural gas from deposits in the east Mediterranean to European markets is too expensive, not economically viable and will take too long to help countries seeking alternatives to Russian gas any
India to boost arms output, fearing shortfall from Russia
NEW DELHI (AP) — India on Thursday said it would ramp up its production of military equipment, including helicopters, tank engines, missiles and airborne early warning systems, to offset any potential shortfall from its main supplier Russia.
