LONDON (Parliament Politics Magazine) – After oil and gas prices skyrocketed, BP’s profits for the first three months of the year more than doubled. The energy behemoth posted an underlying profit of $6.2 billion (£4.9 billion), up from $2.6 billion in the
BRUSSELS (Parliament Politics Magazine) – Apple has been charged by the European Commission of abusing its market advantage in contactless smartphone payments. It said the US corporation may have infringed competition law by prohibiting rivals from using its “tap and go” technology,
WASHINGTON (Parliament Politics Magazine)- Elon Musk, the world’s richest man, sold $8.5 billion (£6.8 billion) worth of Tesla shares to fund cash after agreeing to buy Twitter. Tesla’s CEO has put $21 billion of his own money into the financing package for
DOHA (Parliament Politics Magazine) – Qatar’s hosting of the World Cup is a success, but Europe’s quest to replace Russian natural gas will give the Gulf state genuine clout. Passengers can see the brand new 80,000-seat stadium rising out of the desert
LONDON (Parliament Politics Magazine)- As expected, the UK has yet again abandoned plans of imposing additional checks on goods coming into the country from the European Union. The change implies limits on chilled meat imports from the EU and border checks on
WASHINGTON (Parliament Politics Magazine) – Twitter’s board has approved of Elon Musk’s $44 billion (£34.5 billion) takeover offer. ALSO READ: Elon Musk warned by the EU to follow the its strict new regulations Mr Musk, who made the surprise proposal less than
LONDON (Parliament Politics Magazine) – A think tank has warned that the mini-budget by Rishi Sunak will not prevent millions of people from falling into poverty due to rising food and energy prices. The chancellor stated that the initiatives outlined in his
LONDON (Parliament Politics Magazine) – In an effort to alleviate the strain of the cost of living problem, Rishi Sunak has lifted the national insurance threshold by £3,000 and announced a 5p per litre reduction in fuel duty tax. However, it occurs
LONDON (Parliament Politics Magazine) – Chancellor Rishi Sunak will give the mini budget while hinting to help the Britons cope with the rising living costs in the UK Spring budget for 2022. Inflation and pricing increases have angered business owners across the
LONDON (Parliament Politics Magazine) – According to an eminent economist, the chancellor has “wiggle room” to help combat growing living costs. Before the Spring Statement on Wednesday, Sir Charlie Bean told the BBC that Rishi Sunak might have up to £50 billion
