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Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Business

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine

Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link

Russia Launches Emergency Rate Rise to Stem Economic Turmoil
Business

Russia Launches Emergency Rate Rise to Stem Economic Turmoil

The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of

The Economic Losers in the New World Order
Business

The Economic Losers in the New World Order

Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. Source link

Diamonds Are on Sale. They Won't Be Forever.
Business

Diamonds Are on Sale. They Won't Be Forever.

A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles
Business

News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles

CEO says news publisher is in talks with AI companies to establish the value of its content. Source link

Ukraine Offers Plan to Bypass Russia's Black Sea Blockade
Business

Ukraine Offers Plan to Bypass Russia's Black Sea Blockade

Kyiv said it was opening temporary routes for civilian ships to sail from its Black Sea ports in a potential challenge to Russia’s attempt to

Sputtering Trade Fuels Fears for a Connected World
Business

Sputtering Trade Fuels Fears for a Connected World

Cyclical factors are weighing on commerce, but the specter of global economic divisions lurks in the background. Source link

American Travelers Are Shunning U.S. for Europe
Business

American Travelers Are Shunning U.S. for Europe

Domestic ticket fares are falling as travelers favor longer trips abroad. Source link

Meta Offers to Seek Consent for Highly Personalized Ads in Europe
Business

Meta Offers to Seek Consent for Highly Personalized Ads in Europe

Under pressure from privacy regulators, Meta Platforms has proposed asking all users in Europe to decide whether they would like to see ads targeted based