BUSINESS

A U.S. Treasury official has ruled out secondary sanctions to enforce a price cap mechanism on Russian oil exports despite a proposal last week by U.S. senators.

Unilever CEO Alan Jope plans to retire at the end of 2023, the maker of Dove soap and Knorr stock cubes said on Monday, roughly two months after activist investor Nelson Peltz joined the board.

Japanese Finance Minister Shunichi Suzuki said authorities stood ready to respond to speculative currency moves, a fresh warning that comes days after Tokyo intervened in the foreign exchange market to stem yen falls for the first time in over two decades.

Russian oil is expected to come to Asia and the Middle East, while refined fuel produced in these regions will flow to the West as the global oil trade is disrupted by sanctions, Vitol's Chief Executive Officer Russell Hardy said on Monday.

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S.

The auto industry's drive to a greener and cleaner future is a treacherous road for companies in its beleaguered supply chain. Only the strong and the shrewd may survive.

In addition to shutting down Starlink's website, Iran reportedly blocked Iranians' access to LinkedIn and allegedly used a jamming technology to deny citizens access to Iran International's channel.

Inflation hits home for Mongolians struggling for basic goods

Petrol stations: running out of road?

The recall affects various meat products such as bacon, sausages and ham.

Pound hits record low versus dollar, markets drop on recession fears

US warns Russia of 'castastrophic' consequences of nuclear strike

Rosangela da Silva hopes to be a different kind of Brazilian first lady

The company discovered the issue after receiving two complaints.

Netflix and Disney poised to shake up TV ad world

Hong Kong cardinal among activists on trial over protest fund

Tens of thousands of Jewish pilgrims in Ukraine despite war

The union for Sunwing Airlines pilots said it is urging Canada's government to stop a plan by the Ontario-based leisure carrier to hire foreign pilots this winter to help cope with an expected holiday travel surge.

Russia vows to fix mistakes after old, sick people mobilised

Mario Draghi's outgoing government and Intel have picked the town of Vigasio in the northeastern Veneto region as their preferred site for a new multibillion-euro chip factory in Italy, two people familiar with the matter said.

Keeping business and personal affairs separate is smart if you want to steer clear of the IRS.

Musk previously said that the first version of Tesla Bot would be programmed with functions related to completing simple, repetitive tasks.

In retort to Wagner, 'Mozart' wants to save lives in Ukraine

Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the world, as central banks and governments ramped up their fight against inflation.

Grab, Southeast Asia's biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions.

Macron restarts reform drive as opponents prepare for battle

Ford's electric drive reinvents historic Michigan factory

North Korea fires ballistic missile, Seoul says

Russians flee to Istanbul after mobilisation call