Twitter: Musk wants new CEO by end of year, as he warns of AI regulation and insists there are no aliens February 15, 2023 Billionaire Elon Musk has said he anticipates finding a chief executive for Twitter “probably toward the end of this year”. Speaking via a video call to the World Government Summit in Dubai, Musk said making sure the platform can function remained the most important thing for him. “I think I need to stabilise the organisation [...]
Glencore gives £5.8bn to shareholders after coal powers record profits February 15, 2023 Glencore will hand out over £5.8bn to shareholders in dividends and buybacks after another period of bumper revenues and profits.
Eighth British national dies in Ukraine as Nato leaders meet to discuss giving Kyiv more fighter jets February 15, 2023 A man has become the eighth British national to die in Ukraine since the start of Russia’s invasion. The identity of the individual, who the BBC reported was a man, is not yet known but the Foreign Office said their family has been informed. A Foreign Office spokesperson said: “We are supporting the family of [...]
OPEC raises oil demand forecast as markets tighten and China reopens February 14, 2023 OPEC has hiked its forecast for global oil demand this year, its first upward revision for months, in its latest market report.
Russia cushioned from sanctions as partners buy oil above quoted prices February 14, 2023 Russia's trade partners have increasingly paid more for Russian crude than quoted prices suggest Goldman Sachs.
Britain to boycott boxing championships over decision to allow Russia athletes to compete under flag February 14, 2023 Great Britain will snub the women’s boxing world championships in India over the decision to allow Russian athletes to compete under their flag. The International Olympic Committee (IOC) had advised all governing bodies to ban Russian and Belarusian athletes from competing under their own flags but the International Boxing Association (IBA) has gone against such [...]
Russia rejects Moldova President’s claim of plot to overthrow her government as Ukraine war anniversary nears February 14, 2023 Russia angrily rejected the Moldovan president’s claims about an alleged plot by Moscow to overthrow her government and accused Moldovan authorities of trying to distract public attention away from the country’s own domestic problems. Moldova’s President Maia Sandu said that the purported Russian plot envisioned attacks on government buildings, hostage-takings and other violent actions by [...]
Coca-Cola bottling firm posts ‘record’ revenue despite exit from Russia and energy crisis eating into profits February 14, 2023 Coca-Cola’s bottling business today posted “record” results after bolstering its revenues through price increases, after its exit from Russia ate into profits. Coca-Cola Hellenic Bottling Company (HBC), which owns the bottling rights for Coca-Cola, saw its reported revenues surge 28.3 per cent to €9.2bn (£8.1bn). The uptick in revenues came as Coca-Cola HBC’s profits were [...]
Sunak under pressure to increase defence spending amid NATO warnings February 13, 2023 Prime Minister Rishi Sunak is under pressure to increase the UK’s defence spending after NATO called for allies to boost ammunition production to support Ukraine. Tory backbenchers have issued stark warnings that Britain’s armed forces are “woefully ill-prepared” for a major conflict and that low defence spending is a “false economy”. It came as NATO [...]
Ireland to keep European economy out of a recession as Britain gets left behind February 13, 2023 Europe is poised to swerve a recession this year in a massive U-turn from warnings of blackouts sweeping across the bloc, with GDP powered by Ireland, new forecasts out today claim. Growth in the European Union (EU) will hit 0.8 per cent this year, an upgrade from the just 0.3 per cent forecast last autumn, [...]