With a 24.9 percent stake in OMV, ADNOC will thus become the second-largest shareholder behind ÖBAG, which holds 31.5 percent. “Should the regulatory approvals be granted, Adnoc would be a long-term oriented, strategic partner for all OMV business areas,” ÖBAG wrote in its statement. ÖBAG’s […]
Day: December 23, 2022
Putin tells defence chiefs to do more for troops in Ukraine
Russian President Vladimir Putin has told the country’s defence industry chiefs to increase efforts to ensure that the Russian army quickly receives all the weapons, equipment and military hardware it needs to fight in Ukraine. Putin, who has cast Russia’s war in Ukraine as part […]
5 key takeaways from January 6 panel’s report on US Capitol riot
Washington, DC – “One man” is ultimately responsible for last year’s attack on the United States Capitol: Former President Donald Trump. That is the conclusion of a nearly 850-page, final report released late on Thursday by a US congressional committee at the end of its […]
US House passes massive $1.7 trillion spending bill
The United States House of Representatives voted on Friday to pass a $1.7 trillion spending bill to avoid a partial government shutdown, scheduled to take effect at midnight in Washington DC (05:00 GMT on Saturday). The spending bill survived a Republican-led motion to adjourn, passing […]
Britain’s health workers announce more strikes for 2023
Britain’s health workers have announced a new round of strikes in January as their long-running dispute with the government over pay and conditions is set to continue into 2023. Thousands of nurses will strike again on January 18 and 19 after walking out two days […]
Bankman-Fried, FTX execs received billions in hidden loans
Sam Bankman-Fried and other FTX executives have received billions of dollars in secret loans from the crypto mogul’s Alameda Research, the hedge fund’s former chief told a judge in the United States when she pleaded guilty to her role in the exchange’s collapse. Caroline Ellison, […]
US consumer spending, inflation cool in November
US consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably not cooling fast enough to discourage the Federal Reserve from driving interest rates to higher levels next year. Slowing economic activity amid rising […]
Chile declares state of emergency after wildfire leaves one dead
Authorities in the South American nation of Chile are battling two fires that have claimed at least one life and are still threatening property. A fire broke out at the Ventanas port on Thursday, and a separate forest fire to the south near the coastal […]
UN envoy calls for pressure on Taliban over women university ban
The United Nations’ special envoy for global education has called on Islamic countries to condemn a move by the Taliban banning female students from universities, the latest in a series of restrictions imposed on women in Afghanistan. “This is one of the saddest days for […]
Billionaire Adani to own 65% of India’s NDTV as founders sell
Indian billionaire Gautam Adani will control 64.71 percent of New Delhi Television Ltd as the company’s founders have decided to sell most of their shares, four months after he launched a takeover of the news network. Adani already held 37 percent of NDTV after an […]