NEWS

Public and private sector workers have gone on strike this year demanding higher wages

UK inflation slows, remains close to 11 percent

British inflation slowed more than expected in November but remained near the highest level in more than 40 years, official data showed Wednesday, as a cost-of-living crisis sparks fresh UK strikes.

FTX fights Bahamas demand for data access

Illustration shows FTX logo, stock graph and representation of cryptocurrencies
Lawyers for the bankrupt crypto exchange FTX will square off in court on Wednesday to fight a demand for internal records from an insolvent affiliate based in the Bahamas as the two wrestle over scraps of the once high-flying business.
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Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant, near Belchatow

EU strikes deal on world-first carbon border tariff

After all-night negotiations, the European Union struck a political deal on Tuesday to impose a carbon dioxide emissions tariff on imports of polluting goods such as steel and cement, a world-first scheme aiming to support European industries as they decarbonise.
European Union flags flutter outside the EU Commission headquarters in Brussels

EU meets to try to break gas price cap impasse

European Union energy ministers are meeting in Brussels on Tuesday to try to agree a bloc-wide cap on gas prices after months of deadlock over whether the measure can ease Europe's energy crisis.
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