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19879 articles published since 08 Mar 2022

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Rio ex-governor to be freed after 6 years in jail over corruption
Rio ex-governor to be freed after 6 years in jail over corruption
Business and Economy

The former Rio de Janeiro governor accused of receiving huge bribes over construction work for the 2014 World Cup and the 2016 Olympics will soon be free after six years in prison, following a ruling by Brazil's highest court. Cabral served as Rio governor from 2007 to 2014, years in which Brazil was picked to host both the 2014 World Cup and the 2016 Summer Olympic Games.

Germany to cut the ribbon on first LNG terminal
Germany to cut the ribbon on first LNG terminal
Business and Economy

Germany will on Saturday inaugurate its first liquefied natural gas (LNG) terminal, built in record time, as the country scrambles to adapt to life without Russian energy. LNG terminals allow for the import by sea of natural gas which has been chilled and turned into a liquid to make it easier to transport.

Robot plant grows, wilts on fate of UN nature talks
Robot plant grows, wilts on fate of UN nature talks
Business and Economy

It's not always easy to make sense of the complex environmental diplomacy taking place at a UN summit billed as humanity's last hope to save nature. De Palma added they were in talks with North American museums to loan the artwork out after the UN summit concludes, and it will eventually return to Europe.

US to begin refilling oil reserve after huge Biden release
US to begin refilling oil reserve after huge Biden release
Business and Economy

The US Energy Department announced Friday a plan to add oil back to the Strategic Petroleum Reserve (SPR) after a historically large release undertaken by the Biden administration. A Biden official said in October that the administration planned to purchase oil to refill the reserve as soon as prices hit around $67-72 a barrel.

US probing GM's autonomous driving unit after incidents
US probing GM's autonomous driving unit after incidents
Business and Economy

US authorities opened a preliminary investigation into General Motors' Cruise autonomous driving program following sudden stop incidents, according to a notice seen Friday by AFP. The National Highway Traffic Safety Administration is reviewing two types of incidents that result in Cruise vehicles "becoming unexpected roadway obstacles," said the notice.

Goldman Sachs to cut up to 8% of staff: reports
Goldman Sachs to cut up to 8% of staff: reports
Business and Economy

Goldman Sachs could cut up to eight percent of its staff, or around 4,000 jobs, according to reports Friday, as the financial giant eyes sluggish global growth in 2023. The job cuts are expected early in 2023, according to reports in Semafor and CNBC that said the final figure could ultimately be smaller than eight percent.

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