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US and EU sanctions on Russian oil and gas: what do we know?
The United States on Wednesday hit Russia's two biggest oil producers -- Rosneft and Lukoil -- with sanctions, the first against Russia since US President Donald returned to office.
UK court rules Apple abused App Store dominance
Apple lost a UK lawsuit Thursday which accuses the US tech giant of abusing the dominant position of its App Store, with claimants seeking more than £1.5 billion ($2 billion) in damages. At the heart of the claimants' case was that Apple used the App Store to exclude competitors, forcing users to use its system and boosting profits in the process.
Trump pardons Binance co-founder Changpeng Zhao: White House
US President Donald Trump has pardoned the convicted Binance co-founder Changpeng Zhao, the White House said Thursday, accusing Trump's predecessor Joe Biden of launching an unnecessary "war" against the industry.
American Airlines reports smaller loss, sees travel demand improving
American Airlines reported a smaller than expected loss Thursday, pointing to robust travel demand from wealthier customers that has offset weakness among lower-income consumers. The big US carrier reported a loss of $114 million in the third quarter, smaller than the $149 million loss in the year-ago period and also better than analyst forecasts.
China vows to boost consumption, national security after key meet
China's ruling Communist Party said Thursday the country has to "vigorously boost consumption" and "consolidate national security" in the next five years, state media reported, as a key gathering concluded in Beijing. - 'Good at fighting' - China's leaders also vowed on Thursday to solidify national security, according to Xinhua.
EU parliament adopts curbs on plastic pellet pollution
The European Parliament on Thursday definitively adopted rules clamping down on pollution from the tiny pellets that constitute the building blocks of most plastic products. Made from fossil fuels, plastic pellets often spill into the environment, polluting beaches and oceans.
Europe plans satellite powerhouse to rival Musk's Starlink
Three leading European aerospace groups announced Thursday a plan to merge their satellite operations to create a powerhouse for competing in particular against Elon Musk's Starlink internet system. In response, the European Union is planning to create its own internet satellite constellation called IRIS2, set to become operational in 2030.
French court convicts TotalEnergies over misleading climate claims
A French court Thursday ruled oil and gas giant TotalEnergies had engaged in "misleading commercial practices" by overstating its climate pledges, in what activists said was the first such ruling worldwide against a major oil company for climate misinformation.
Zelensky hails Trump sanctions on Russia as 'strong' message
Ukraine's President Volodymyr Zelensky on Thursday hailed US President Donald Trump's "resolute" decision to sanction Russia's energy sector, as Washington's patience finally snapped with Moscow for stalling peace efforts.
AFP
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