Azerbaijan’s president has branded oil and gas a “gift from God” as he welcomed delegates to the COP29 climate summit. President Ilham Aliyev praised the use of natural resources, including fossil…
Category: Business News
Netherlands: Shell wins landmark climate case against green groups in Dutch appeal
Oil giant Shell has won a landmark case in the Dutch courts, overturning an earlier ruling requiring it to cut its carbon emissions by 45%. The Hague court of appeal…
Ireland: Ryanair boss defends remarks on teachers after backlash
Ryanair boss Michael O’Leary has defended comments he made about teachers, which sparked a row on the opening weekend of the Irish general election campaign. Politicians and teaching unions reacted…
China: Roads blocked by thousands of cyclists in night quest for dumplings
It started as a social media quest for dumplings, but ended with thousands of cyclists bringing traffic gridlock between two cities in central China. What should have been a boost…
India: Luxury airline Vistara to cease operations
Vistara will become fully integrated with Air India starting MondayIndian full-service carrier Vistara will operate its last flight on Monday, after nine years in existence. A joint venture between Singapore…
USA: Bitcoin tops record $80,000 as Trump nears sweep of US Congress
The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week. It comes as the Republicans…
USA: Tesla hits $1 trillion market cap as Musk becomes $300 billion man after Trump wins
Shares of Tesla climbed 8% on Friday, pushing the electric vehicle maker’s market cap past $1 trillion.Tesla enjoys a massive rally after the Musk-backed Donald Trump secured a second presidential term. The…
USA: It’s illegal for Trump to fire me – Central bank boss
The head of the US central bank has hit back at speculation that his post might be in jeopardy as Donald Trump prepares to assume power in Washington. Federal Reserve…
USA: Pentagon allows US military contractors to fix weapons in Ukraine
The United States is allowing a small number of American defence contractors to work inside Ukraine to maintain and repair Pentagon-provided weaponry, according to US officials. The US has been…
South Korea: Two dead and 12 missing after fishing boat sinks
At least two people are dead and 12 others missing after a fishing boat capsized off the coast of South Korea, coastguard officials have said.The 120-tonne Geumseong sank about 24…