Month: March 2022
Energy production vs. climate protection: Americans are split along party lines
A driver holds a fuel nozzle at a gas station in Sacramento, California, U.S., on Thursday, March 24, 2022. Bloomberg | Bloomberg | Getty Images Russia’s assault on Ukraine has lifted gas prices near record levels, reflecting Western sanctions on the world’s third-largest oil producer. Meanwhile, an ice shelf just disintegrated in Antarctica, and the […]
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European markets pull back amid doubts over latest Russian pledges over Ukraine
LONDON — European stocks retreated on Wednesday following the latest round of talks between Russia and Ukraine, aimed at finding a solution to the conflict. The pan-European Stoxx 600 fell 0.5% in early trade, with autos shedding 1.6% to lead losses, while oil and gas stocks gained 2.1%. In terms of individual share price movement, […]
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Anthony Scaramucci says he’s ‘not quite convinced’ on the recession signal the bond market flashed
Traders work on the floor of the New York Stock Exchange on March 28, 2022, in New York City. Following a positive week for stocks, the Dow Industrial Average was down over 100 points in morning trading. Spencer Platt | Getty Images A key signal of recession flashed in the bond market this week, but […]
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EU to pressure China at virtual summit over its stance on Russia-Ukraine war, sources say
President of the European Commission Ursula von der Leyen delivers a statement in Brussels. Kenzo Tribouillard | AFP | Getty Images The European Union wants to put pressure on China to be neutral with its stance over Russia’s recent invasion of Ukraine, sources with knowledge of the matter told CNBC ahead of a virtual meeting […]
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Thousands of Australians flee homes as floods inundate towns
A car is inundated by floodwater on March 30, 2022 in Lismore, Australia. Heavy rains deluged Australia’s east coast on Wednesday, submerging entire towns, while thousands of people fled their homes for the second time within weeks. Dan Peled | Getty Images News | Getty Images Heavy rains deluged Australia’s east coast on Wednesday, submerging […]
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Turkey may become the new playground for Russian oligarchs – but it’s a risky strategy
Eclipse, the private luxury yacht of Russian billionaire Roman Abramovich, anchors at Cruise Port in Marmaris district of Mugla, Turkiye on March 23, 2022. Anadolu Agency | Anadolu Agency | Getty Images Russian oligarch wealth is on the hunt for a new home, and Turkey is quickly establishing itself as a welcome host. Turkish Foreign […]
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How much job-hopping is too much? Here’s what hiring managers say
At the age of 25, Hannah Williams has an extensive resume, even though she only started working full-time less than three years ago. Since 2019, she has held a total of five jobs – with the longest tenure being a full year. A number of reasons made her leave those jobs. Once, she discovered the […]
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Formula 1 drivers to ask for more input over where sport races after Saudi Arabia drama
Mercedes’ Lewis Hamilton, Alpine F1’s Fernando Alonso and Esteban Ocon leave a meeting after practice ahead of the F1 Grand Prix of Saudi Arabia. Safety concerns rose after a missile attack just 7 miles from the circuit in Jeddah. Clive Mason | Getty Images Formula One’s drivers are preparing to ask for more input over […]
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Vietnam’s Vinfast to build $2 billion electric vehicle factory in North Carolina
A VinFast electric vehicle is displayed at the VinFast booth at the Las Vegas Convention Center on January 5, 2022. Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory in North Carolina to make electric buses, sport utility vehicles (SUVs) along with batteries […]
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China’s rich are moving their money to Singapore. Beijing’s crackdown is one of the reasons.
As Beijing pushes for “common prosperity” and political turmoil threatens Hong Kong, Singapore has become a safe harbor for some of the region’s wealthiest tycoons and their families. Wei Leng Tay | Bloomberg | Getty Images More and more wealthy Chinese are worried about keeping their money on the mainland and some see Singapore as […]
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