Kremlin warns US and allies of more asset seizures after grabbing Finland’s Fortum and Uniper
President Vladimir Putin late on Tuesday signed a decree establishing temporary control of the Russian assets of Finland’s Fortum and Germany’s Uniper, which both operate power plants in Russia. Fortum said it was “investigating” and Uniper, which was once Fortum’s subsidiary, said it was “reviewing” the move.
A spokesperson for Germany’s Finance Ministry, which oversees the government’s ownership of Uniper, said Berlin needed to assess the concrete implications of Russia’s decree. Finland’s outgoing minister in charge of state holdings Tytti Tuppurainen tweeted that the information was “worrying” and that the state, as Fortum’s majority owner, would follow the matter closely.
Big Pharma in US fined $11 billion for conspiring to block introduction of lower-cost generics
Since the start of the Covid-19 pandemic and Russia’s invasion of Ukraine disrupted international supply chains – rendered fragile by decades of neoliberal globalisation – corporations fortified by preceding rounds of consolidation have capitalised on these and other crises to justify price hikes that far outpace the increased costs of doing business.
CNN sacks top-rated TV host Don Lemon hours after rival Fox News laid off its own talk-show host
CNN offered no public explanation for Lemon’s dismissal. During a February discussion on “CNN This Morning” with co-hosts Poppy Harlow and Kaitlan Collins about the ages of politicians, he said that the 51-year-old Haley was not “in her prime.” A woman, he said, was considered in her prime “in her 20s, 30s and maybe her 40s.”
Experts label SpaceX rocket explosion illustrates Elon Musk’s ‘successful failure’ business formula
SpaceX acknowledged that several of the Super Heavy’s 33 powerful Raport engines malfunctioned on ascent and that the booster rocket and Starship failed to separate as designed before the ill-fated flight was terminated.
From poisoning the environment to violent unrest and lawsuits, Nigeria’s oil is now a humanitarian issue for new president
Trillions of dollars have been earned by the government and the oil majors over the course of a more than six-decade partnership. During the years of peak production, when more than two million barrels a day were being pumped from the lush Niger Delta, Nigeria earned at least $80 billion annually.
When Fox News dangled $787.5 million pork Dominion Voting Systems sprinted to let go defamation lawsuit
The settlement is unlikely to be welcomed by Fox critics who believed that a guilty verdict would serve a mortal blow to the network’s reputation. The idea was that Fox, on the ropes, should not be allowed to slip away by writing a settlement check and mumbling an insincere apology.
SpaceX’s 120-metre Starship rocket explodes, burns 4 minutes after lift-off for round the world trial run
In the weeks leading up to the flight, Elon Musk gave 50-50 odds that the spacecraft would reach orbit. The company plans to use Starship to send people and cargo to the moon and, eventually, Mars.
German automaker BMW comes under barrage of criticism at Shanghai auto show for discrimination
The controversy comes as BMW and fellow German automakers participate in the Shanghai auto show in full force as they fight to stay on top of consumer trends in a country where domestic rivals have been aggressively taking market share.
Ukraine prepares to reopen food and grain transit through Poland as first step to ending import bans
Ukraine is holding additional talks this week in Romania on Wednesday, and in Slovakia on Thursday, Solsky added. Poland’s embargo, in effect since Saturday evening, also applied to transit through the country to keep grain transport from entering the Polish market.
