American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar. The euro tumbled below $1 on Wednesday for the first time in two decades on fears that rising energy prices triggered by the Ukraine conflict…
View More As Euro Slides, American Tourists Splurge in Parisian Boutiques
Russian president Vladimir Putin threatened on Thursday to halt contracts supplying Europe with a third of its gas unless they are paid in Russian currency, his strongest economic riposte so far to crushing western sanctions over his invasion of Ukraine. European governments rejected Mr Putin’s ultimatum for Friday, with the continent’s biggest recipient of Russian gas, Germany, calling it “blackmail”.…
View More European governments reject Putin threats over gas supplies as ‘blackmail’
European buyers of Russian gas faced a deadline to start paying in roubles on Friday, while negotiations aimed at ending the five-week war were set to resume even as Ukraine braced for further attacks in the south and east. Moscow’s invasion of its neighbour has killed thousands, sent millions fleeing and galvanised the United States and allies around the world…
View More Ukraine negotiations to resume, Putin gives Europe gas payment ultimatum
Two weeks since Russia began Europe’s biggest conflict since World War II, businesses across the continent are already in varying stages of despair at the consequences on livelihoods. A crisis of human suffering in Ukraine, whose wider economic impact prompted European Central Bank officials to quicken their withdrawal from stimulus this week, is affecting prosperity from the farmlands of Spain…
View More Europe’s Economy Reels Under Energy Fallout
Twitter has agreed to be acquired by Elon Musk in a deal that values the company at $44 billion, the board announced Monday afternoon. “The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders,” Bret Taylor, the company’s independent board chair, said in a statement. Musk, the CEO of…
View More ELON MUSK REACHES DEAL TO BUY TWITTER FOR $44 BILLION
Europe has a deeply uneven tech playing field. But as members of the European Parliament prepare to vote in plenary on the Digital Markets Act (DMA) on Wednesday, there’s a chance to correct this course. MEPs must sustain significant progress made within the legislation, such as with regard to ad platforms, as well as the major wins brought home by…
View More EU Parliament’s final push on the Digital Markets Act must include default settings
Here is a write up on this Unique Christmas Gift from India, which has created a huge sensation and has become the latest fashion in Online Shopping globally. The worldwide online sale begins on 7th December 2021 on www.Tiruvannamalaihandicrafts.com .This collection is a very limited edition. Tiruvannamalai Handicrafts, from India has announced the much awaited and anticipated worldwide online sale of Sri Ramana…
View More Ramana Maharshi handicraft statues becomes the most searched Christmas gift on the internet globally
Global economic growth projections from the International Monetary Fund will likely be downgraded due to the emergence of the Omicron variant of the coronavirus, IMF Managing Director Kristalina Georgieva said on Friday. “A new variant that may spread very rapidly can dent confidence, and in that sense, we are likely to see some downgrades of our October projections for global…
View More IMF’S KRISTALINA GEORGIEVA: OMICRON VARIANT LIKELY TO USHER GROWTH DOWNGRADES
Apple Inc iPhones of at least nine U.S. State Department employees were hacked by an unknown assailant using sophisticated spyware developed by the Israel-based NSO Group, according to four people familiar with the matter. The hacks, which took place in the last several months, hit U.S. officials either based in Uganda or focused on matters concerning the East African country,…
View More U.S. STATE DEPARTMENT APPLE IPHONE HACKED WITH ISRAELI COMPANY SPYWARE – SOURCES
Climate activists targeted 15 Amazon depots across Europe on “Black Friday” and the world’s biggest e-commerce company also faced protests by workers and delivery drivers in Germany, France, and Italy. Amazon, based in Seattle, is facing criticism from climate activists who say excessive consumption harms the environment while an alliance of trade unions say the company does not pay workers…
View More Amazon’s Black Friday Greeted by Climate Activists, Strikes in Europe