Monday, December 5, 2022

Business

Norway’s energy paradox: How oil and gas are at odds with green tech start-ups

Norway is a powerhouse when it comes to clean energy start-ups, but the country is at odds with its position as a world leader in petroleum and natural gas exports.It is a contradiction that has come into sharper focus...

7.5 billion of Russian assets have been frozen in Switzerland

Switzerland has frozen a total of 7.5 billion Swiss francs in Russian assets, in connection with the sanctions imposed over Russia's war in Ukraine.The amount, which has been fluctuating for months, is nearly one billion francs more than the...

Inflation in Europe eases but still in painful double digits

Inflation in the eurozone eased slightly in November for the first time since June 2021, but it remains in the double digits as rising food prices and high energy bills continue to squeeze budgets.Annual inflation is expected to have...

BeReal wins Apple’s App of the year for 2022. Here are the other award-winning apps

The winners of Apple’s App Store Awards for 2022 have been announced as well as the list of the most downloaded ones.BeReal, a social media app, took the gong for the App of the Year for iPhones. As its...

Bankrupt BlockFi sues FTX’s Sam Bankman-Fried over Robinhood shares – report

Cryptocurrency lender BlockFi is reportedly suing Emergent Fidelity Technologies, the company of FTX’s embattled founder Sam Bankman-Fried for how it used its shares in investing app Robinhood, sending yet another tremor through the crypto market.Citing loan documents, the Financial...

Meta hit with €265 million fine by Irish regulators for breaking Europe’s data protection law

Irish regulators slapped Facebook parent Meta with a €265 million fine on Monday, the company's latest punishment for breaching strict European Union data privacy rules.The Data Protection Commission said Meta Platforms Inc infringed sections of the EU rules, known...

Amazon, eBay and other online marketplaces found to sell illegal weapons

Amazon, eBay, Wish and AliExpress are under fire after an investigation found illegal weapons such as knives, swords and batons were being sold on the online platforms.The UK’s consumer organisation Which? found that the illegal weapons were being sold...

Terra Luna crash: ‘I alone am responsible,’ says CEO Do Kwon in first interview since collapse

Do Kwon, the founder of Terra, has given his first interview since the spectacular crash of his crypto project in May left many to lose their life savings and lose their faith in so-called stablecoins."I’ve never thought about what...

Twitter takeover: Judge orders social media giant to give Elon Musk former executive’s documents

Twitter Inc needs to give Elon Musk documents from a former Twitter executive who Musk said was a key figure in calculating the amount of fake accounts on the platform, according to a Monday court order. Bot and...

Norway exports record as natural gas prices surge

Norway's exports reached a record in July, driven mainly by natural gas prices that have soared since Russia's invasion of Ukraine.The Scandinavian country’s statistics agency announced that Norwegian exports reached 229 billion kroner (€23.2 billion) last month, 0.4% higher...

Popular News

Big Tech results: Apple, Amazon give glimmer of hope as Meta disappoints amid ‘economic downturn’

Big Tech is in the spotlight this week as the most valuable companies in the United States report how...