Business
Railway strike threatens German economy – Deutsche Bahn
Train operators in Germany are staging their longest-ever walkout to protest pay and working hours
Electric cars will not dominate global market – Toyota boss
Electric cars will only ever capture 30% of the global market and consumers shouldn’t be forced to buy them, Toyota Chairman has said
Ukraine ‘open’ to Russian gas transit – Slovakia
Ukraine may extend the agreement on transporting Russian gas beyond 2024, Slovakia’s Prime Minister Robert Fico says
Saudi Arabia opens first liquor store – media
The first alcohol store in Saudi Arabia in over 70 years has opened to serve non-Muslim diplomats
Millions of Brits can’t afford heat and electricity – research
UK consumers are struggling to pay their bills amid soaring energy prices
Russian dairy exports soar
Exports of Russian dairy produce saw a year-on-year surge of 18% in 2023, the head of the National Union of Milk Producers has said
Unions sound alarm over EU’s industrial collapse
High energy prices are accelerating the EU’s de-industralization, according to concerned labor organizations
Burger King withdraws Twix to honor dead cat
Burger King Russia will no longer sell Twix ice cream after a pet cat with the same name died after being booted off a train
Argentinian workers plan mass protests against Milei’s ‘shock therapy’
Labor unions in Argentina are preparing to march in Buenos Aires to protest President Javier Milei’s budget cuts
Trump-linked stocks soar
Shares of companies affiliated with Donald Trump have been rallying as the former president surges to a lead in the Republican primaries
Russian coal exports to Southeast Asia surge by nearly 50% – data
Exports of Russian coal skyrocketed last year as Moscow diverted supplies away from Western markets, data shows
Nearly 50,000 UK businesses on verge of collapse – report
The level of “critical” financial distress surged at the end of 2023, leaving more than 47,000 UK businesses facing ruin, a report says
Apple fined over Hitler book
A Russian court has fined Apple for refusing to remove Adolf Hitler’s ‘Mein Kampf’ from its Apple Books application
EU foreign ministers back Russian asset tax scheme – Bloomberg
The EU is reportedly progressing with plans to impose a windfall tax on the income generated by Russia’s frozen assets
EU court sides with sanctioned Russian billionaire
A German court ruled that Forbes failed to substantiate claims it made about Russian businessman Alisher Usmanov
Ocean freight rates skyrocketing – WSJ
The shipping crisis in the Red Sea due to Houthi attacks is threatening the global supply chain