Economy

Shell saw the biggest drop in the AEX index on Thursday, which showed a slight loss. The oil and gas group struggled with further falls in oil prices. Fears of a recession kept markets in check. For example, the European Commission lowered its growth expectations for the Eurozone economy due to the uncertainty of the Russian invasion of Ukraine. The …

A British newspaper reported that Uber paid scientists hundreds of thousands of dollars to write reports favorable to the taxi company. Guardian Based on published documents. There will also be signs that Dutch tax authorities have bent the rules in favor of Uber. There has been a lot going on around Uber over the past few days. Because a former …

Since 2018, Iran has once again come under heavy US sanctions. Yet apparently a group of Iranians managed to circumvent these restrictions through Binance, the world’s largest cryptocurrency exchange. Iran seizes crypto writes that ReutersHe spoke to seven different Iranian traders. Sanctions were first lifted in 2015 after the country pledged not to develop nuclear weapons. Subsequently, it was again …

PepsiCo was up 0.3 percent in New York trading on Tuesday. The US maker of soft drinks and snacks posted better-than-expected sales and profit last quarter. The group raised its full-year revenue forecast for the second year in a row due to continued strong demand for its products. The mood on Wall Street was calm after the previous day’s defeat. …

Croatia and the European Commission approved the Balkan country’s entry into the eurozone on Tuesday. That means scientist Nikola Tesla’s portrait will be on the country’s euro-adoption coins on January 1 next year. Croatia has been a member of the European Union since 2013 and wants to replace its own currency, the kuna, with the euro. EU countries wishing to …

The last time one euro was equal to one dollar was at the end of 2002. This phenomenon, when two currencies have the same value, is also called parity. The European currency has been under pressure for some time due to the growing risk of an economic disaster in the Eurozone. Bloomberg news agency writes† Investors fear the European Central …

A worker sorts liquefied petroleum gas cylinders in Soweto, South Africa.Image courtesy of Reuters The EU is trying to reduce its dependence on Russian gas by importing as much gas as possible from Africa. That’s fueling outrage and accusations of hypocrisy there, according to Bloomberg News. The West wants African countries to use less polluting fuels to power local populations, …

ANP products † Source: AP Wednesday 29 June 2022 at 15:02 Doha Iran’s Tasnim news agency reported that Wednesday’s closed-door talks between Iran and the United States yielded no results. Representatives from the two countries were in Doha to renew the 2015 nuclear deal, but no closer to a new agreement. Iran-US negotiators did not speak directly to each other …

Photo: ANP Twitter’s main focus is on the stock markets this week. Tesla CEO Elon Musk’s takeover of the messaging service now appears to be off. The world’s richest man says Twitter is not complying with the terms of the takeover, but has announced plans to enforce the Twitter takeover through the courts. Investors’ focus shifts from macro to corporate …

Britain’s Prince Harry has won a small court victory in his lawsuit against Associated Newspapers (ANL). In the first ruling on Friday, a Supreme Court judge ruled that an article published in the Mail on Sunday in February was defamatory, several British media outlets reported. The article in question appeared in response to the Prince’s lawsuit against the British Home …