Germany’s BASF takes huge writedowns as unit exits Russia
Germany-based chemicals maker BASF says it is taking some 7.3 billion euros ($7.9 billion) in write-downs related to the exit from Russia of its Wintershall Dea gas and oil subsidiary.
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UK nurses stage new walkout as strike wave intensifies
Thousands of nurses in Britain have walked out in a new strike over pay, with no end in sight to a wave of industrial action that has piled pressure on the U.K.’s overburdened public health system.
UK inflation eases for a 2nd month, falling to 10.5%
U.K. inflation eased for a second month in December, boosting confidence that the cost-of-living crisis has peaked.
UK inflation dips slightly to 10.5% but people continue to feel pinch
Annual rate falls in December, although it remains at one of highest levels in 40 yearsUK inflation fell back slightly in December to 10.5% but remains at one of the highest levels in 40 years as the cost of living crisis continues.The Office for Natio…
China takes great leap forward in Australia’s car market with EVs leading the charge
Exclusive: Sales of Chinese-made vehicles increased 61% in 2022 with one industry expert saying companies are ‘innovating faster’Follow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news…
Fake SSDs With Great Reviews Are Still Popping Up on Amazon
An anonymous reader writes: If you’ve searched for external SSDs on Amazon.com recently, you may have noticed something weird: mixed in with the 1TB and 2TB drives from brands like Samsung and SanDisk are a bunch of listings for 16TB SSDs, mostly aroun…
Slow deliveries to Ukraine; Debt-ceiling showdown; New F-35 radar; and more.
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The World Economic Forum’s Klaus Schwab on What Lies Ahead
WEF founder Klaus Schwab sat down in New York City with TIME’s editor-in-chief Edward Felsenthal.
United Airlines posts $843 million profit, bullish on 2023
United Airlines has reported a bigger fourth-quarter profit and higher revenue than Wall Street expected.
New York Faces a New Legal Fight Over a Proposed Crypto-Mining Power Plant
Environmental groups are pushing New York state to scrutinize a crypto mining company’s purchase of a gas-fired power plant, contending in a new lawsuit that turning the power plant into a crypto mine would go against the state’s climate goals and dump…