Russian businessman Yevgeny Prigozhin, an ally of President Vladimir Putin, has admitted to being behind The Wagner Group for the first time. His mercenary company is accused of being an extension of the Russian state. Prigozhin says he founded the paramilitary group in 2014 to send people to eastern Ukraine […]
The European gas price fell to its lowest level in almost two months on Monday. The decrease follows the measures that more and more European countries are taking to help companies and households with high energy bills. The gas price dropped by more than 7 percent on the leading Amsterdam […]
The General Court of the European Union, part of the Court of Justice in Luxembourg, has sentenced Google and parent company Alphabet to a fine of 4.125 billion euros. Google had appealed to the General Court of the European Union against a conviction by the European Commission in 2018. The […]
Citrix receives the green light from competition authorities to delist and merge with Tibco. Citrix announced earlier this year that it was being acquired by Vista Equity Partners and Evergreen Coast Capital for $16.5 billion. In that deal, shareholders would receive $104 a share, thirty percent more than the most […]
The price for a barrel of Brent oil fell below $90 a barrel on the futures markets on Wednesday for the first time since early February. The fear of an economic recession and, thus, lower demand for crude oil is at the root. At around 3.20 pm Belgian time, the […]
A man suspected of being under the influence of drugs has shot and killed three youths in Thailand after a traffic accident. That writes the Bangkok Post newspaper, citing police sources. The incident took place on Tuesday evening in Krabi province, in the south of the country. The suspect collided […]
The Japanese car group Toyota Motor will suspend production at three factories in western Japan because of the approaching Typhoon Hinnamnor. Toyota is canceling Monday evening shifts and Tuesday morning shifts at factories in western Fukuoka prefecture. The company expects to resume production later on Tuesday. Japanese automaker Nissan Motor […]
Ukraine has launched a long-awaited counter-offensive to liberate the country’s south from Russian occupiers. One of the targets is Kherson, the only major city captured by Russian forces west of the Dnieper River, which flows through the center of Ukraine. The southern command of the Ukrainian army calls on residents […]
The Chinese government has reprimanded or fired more than 25 education officials after investigating that drawings in math books portrayed Chinese children as “ugly.” The Ministry of Education said in a statement Monday that the drawings “did not meet the fundamental requirements of a moral education.” “The general style of […]
The eurozone economy grew by 0.6 percent in the second quarter compared to the previous three months, European statistics agency Eurostat reports in a new estimate. That is a slightly lower growth figure than with an initial calculation. However, the pace was higher than in the year’s first three months. […]
