business news

Half a million Brits are taking part in the biggest walkout for 12 years

LONDON, ENGLAND – JANUARY 16: Protesters from a range of different trade unions attend a rally against UK government plans to restrict the ability of public sector workers to strike are seen outside Downing Street on January 16, 2023 in London, England. (Photo by Guy Smallman/Getty Images) Guy Smallman | Getty Images News | Getty …

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Britain sets out plans to regulate crypto industry in wake of FTX collapse

British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The UK formally laid out plans to regulate the cryptocurrency industry, with the government looking to rein in some of the reckless business practices that emerged over the past year …

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Amazon set to begin new round of layoffs affecting over 18,000 people

The Amazon Spheres, part of the Amazon headquarters campus, right, in the South Lake Union neighborhood of Seattle, Washington, US, on Sunday, Oct. 24, 2021. Chona Kasinger | Bloomberg | Getty Images Amazon on Wednesday will begin a fresh round of job cuts in what’s expected to become the largest workforce cuts in its 28-year …

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Europe can learn from Biden’s Inflation Reduction Act, Spain’s PM says

Spanish Prime Minister Pedro Sanchez. Anadolu Agency | Anadolu Agency | Getty Images DAVOS, Switzerland — Spanish Prime Minister Pedro Sanchez told CNBC Monday that the European Union has something to learn from Washington and its new policies to fight inflation, saying he hopes that a trade war between the two sides can be avoided. …

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Russian gas will eventually return to Europe as nations ‘forgive and forget,’ Qatari energy minister says

On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfunctioning turbine. Hannibal Hanschke | Reuters The European Union’s rejection of Russian energy commodities following Moscow’s invasion of Ukraine won’t last forever, Qatar’s Energy Minister said during an …

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