Latest in US and EU companies paid $3.5bn in Russian tax on profits in 2023
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Jill Biden got most expensive gift from a foreign leader in 2023. Here's what it was
President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, according to an annual accounting published by the State Department on Thursday, ...The Hill - Jan. 3 -
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Experience: I paid £55,000 for a beer
When I asked for the receipt, the bartender printed it out and put her hand over her mouth. I’m a cricket journalist from Sydney, and in 2019 I was in Manchester to cover the Ashes. After dinner, I ...The Guardian - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
Germany’s Hensoldt urges EU to follow US on local arms procurement
Radar maker says bloc can use existing laws to bypass free trade rules and boost region’s defence infrastructureFinancial Times - Jan. 3 -
Jill Biden got the priciest gift from a foreign leader in 2023 — a $20,000 diamond
A spokesperson for the first lady said the diamond will be turned over to the National Archives after President Joe Biden leaves office on Jan. 20.NBC News - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Jill Biden received $20,000 diamond from Indian PM in 2023, among other gifts
Annual report details gifts given to first family by foreign leaders, most of which are transferred to National Archives. Joe Biden and his family were given tens of thousands of dollars in gifts ...The Guardian - Jan. 2 -
Russian gas shutdown forces closure of almost all industry in Transnistria
Pro-Russia Moldovan region suffers major hit after Ukraine ends transit agreement, with only food producers functioning. The shutdown of Russian gas supplies to Moldova’s breakaway Transnistria ...The Guardian - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
I paid $15,000 for my friend’s live-in boyfriend’s funeral. He was in his 40s and only had $5,000 in the bank. What happens next?
“I understood that, in California, hospitals and funeral homes have to notify the court when someone dies.”MarketWatch - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - Jan. 2 -
CoD: Black Ops 6 Includes A Paid Event Pass For Squid Game Collab
A new update is scheduled for Call of Duty: Black Ops 6 and Warzone on January 3, which includes the recently announced Squid Game crossover event . In addition to new operator bundles, the ...GameSpot - Jan. 2 -
New York Employers Must Now Offer Paid Medical Leave During Pregnancy
All private companies in the state must now grant at least 20 hours of paid leave to employees to attend prenatal medical appointments under a law that went into effect Jan. 1.Inc. - Jan. 2 -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - Jan. 2 -
Aleksey Bugaev: Russian footballer’s spiralling story ends with death in Ukraine
Once one of the most talented defenders in Russia, Bugaev opted to fight in war rather than serve long prison sentence. Faced with a severe shortage of soldiers for the war in Ukraine, Vladimir ...The Guardian - Jan. 2 -
Helsinki arena to reopen in spring after being left in limbo by Russian sanctions
Finnish real estate company says deal for sports and entertainment venue will restore it to its former glory. Helsinki’s main sports and entertainment arena is expected to reopen in the spring ...The Guardian - Jan. 2 -
Ukraine halts flow of Russian gas to Europe, ending an era
A Ukrainian pipeline supplying Russian natural gas to Europe was closed Wednesday after Ukraine declined to renew the deal keeping it open.NBC News - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
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Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
Russian gas flows to Europe via Ukraine cease as transit agreement expires
Ukraine president hails ‘one of Moscow’s biggest defeats’ as deal’s end brings power cuts in breakaway Moldovan region. Russian gas has stopped flowing to Europe via Ukraine, ending a major energy ...The Guardian - Jan. 1 -
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Ukraine halts supply of Russian gas to Europe
Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week. Ukraine has halted Russian gas supplies to ...The Guardian - Jan. 1 -
Russian warship tracked for five days off UK coast
Navy personnel from Devon and Cornwall were called on Christmas Day for a five-day operation.BBC News - Jan. 1 -
Ukraine stops transport of Russian gas to Europe
Ukraine has halted the transportation of Russian gas supplies through the country after a prewar transit deal expired at the end of last year, the nation's energy minister confirmed. Ukraine ...The Hill - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Ukraine halts pipeline carrying Russian natural gas to Europe, as deal expires
"We stopped the transit of Russian gas, this is a historic event," Herman Galushchenko, Ukraine's energy minister, said in a statement.ABC News - Jan. 1 -
Belgium becomes first EU country to ban sale of disposable vapes
Products banned on health and environmental grounds, while Milan outlaws outdoor smoking . Belgium has become the EU first country to ban the sale of disposable vapes in an effort to stop young ...The Guardian - Jan. 1 -
The EU’s impossible choice on trade and tariffs
Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instinctsFinancial Times - Jan. 1 -
Era of cheap Russian gas to EU ends as transit across Ukraine stops
The EU says most states will not be affected but other European countries, including Moldova, are facing shortages.BBC News - Jan. 1 -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - Jan. 1 -
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Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1 -
Russian and Iranian groups face sanctions over election disinformation
The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.CBS News - Dec. 31