Oil Companies Under Pressure on Lower Asian Markets
Oil companies were under pressure on Asian stock markets on Wednesday. Investors processed the sharp drop in oil prices. Markets were gripped by fears of...
Meta Stops Crypto Wallet Novi
With Novi, one of the last remnants of Facebook's project to issue its own crypto coin immediately closes. The pilot program for Novi closes...
London and Paris Airports Cancel More Flights
London Heathrow and Paris-Charles de Gaulle airports are cancelling more flights for fear they cannot handle the passenger flow. The travel world is struggling...
IBM Settles Age Discrimination Lawsuit
With internal emails threatening to go public, IBM still wants to buy out an age discrimination lawsuit, even though it previously claimed it did not...
Reuters: G7 Countries Step Up Sanctions Against Russia
G7 members will unveil a new package of coordinated sanctions against Russia on Tuesday. The major industrialized countries of the world want to put further...
Chinese Not Welcome at Important Electricity Grid Tender
TenneT prevents Chinese parties from tendering for important parts of the electricity grid. The network operator confirms this after earlier reporting by Het Financieele Dagblad....
Union Demands 9.5 Percent More Wages for Ground Staff Lufthansa
The major German union ver.di wants the ground staff of the aviation group Lufthansa to receive a wage increase of 9.5 percent, to better cope...
Banking as a Service: Be Your Own Bank
When a merchant or corporation decides to provide online financial services, such as payment processing, lending or insurance, it used to be an obligation to...
Chipmakers Invest $109 Billion to Boost Production
The chip sector is estimated to spend a total of $109 billion this year. Three-quarters of that amount is in Asia. Europe is growing spectacularly...
ECB Wants to Raise Interest Rates in July for the First Time in Years
The European Central Bank (ECB) plans to raise interest rates again in July for the first time since 2011. With this, the central bank wants...