Explosion in gas pipeline in Lithuania, no injuries reported
Officials say an explosion has occurred in a gas pipeline in central Lithuania.
Business
Environmental group sues New York for approving crypto mining facility
Lawsuit argues move to allow energy-intensive cryptocurrency miner to take over power plant violates state’s 2019 climate lawEnvironmental activists filed a lawsuit against a New York state agency on Friday for approving a cryptocurrency mining company…
Labour calls for halt to ‘shameful’ forced installation of prepayment meters
Ed Miliband accuses government of ‘dereliction of duty’ and demands extra support for householdsLabour has called for an immediate halt to the “shameful” forced installation of prepay gas and electricity meters, with the shadow climate change secretary…
FTSE 100 nears record high as inflation fears ease
Blue-chip stock index ends week 1% off all-time best as markets across Europe rise amid falling energy pricesThe UK’s FTSE 100 share index approached a record high on Friday, as European markets were lifted by hopes that the inflation shock from energy…
Byron burger chain closes nine sites, losing more than 200 jobs
Brand calls in administrators for second time in less than three years but 12 branches are savedThe owner of the upmarket burger chain Byron has called in administrators for the second time in less than three years with almost half the 21-site chain cl…
Trump Organisation fined $1.6m for tax fraud
A fine was the only penalty a judge could impose on the Trump Organisation for its conviction last month for 17 tax crimes
Trump Organization hit with maximum fine over years-long tax fraud
Former president’s business empire fined $1.6m after being convicted last month on 17 charges including falsifying recordsDonald Trump’s business empire, the Trump Organization, was sentenced in a New York court on Friday to the maximum allowable fine …
Apple boss Tim Cook to take pay cut of more than 40%
In 2021, Mr Cook received a compensation package valued at $98.7 million
Wall Street’s New ESG Money-Maker Promises Nature Conservation – With a Catch
Big global banks are eying some of the world’s most fragile countries for a new experiment in financial engineering: debt relief in exchange for environmental protections. From a report: Called “debt-for-nature swaps,” they present a tempting solution …
Tesla cuts prices by up to a fifth in US and Europe as EV price war starts
Price of cheapest Model 3 saloon car dropped by £5,500 to £42,990 to combat slowing demand as carmaker shares drop Tesla has cut the prices of its cars in the US and Europe by up to a fifth as it contends with slowing demand and increased competition.T…