Newsletter Oct 10, 2022

UK ministers urge party to back under-fire PM Truss

Fresh polling by Opinium for the Observer has put Truss's personal approval rating at minus 47.

Dollar climbs as case for U.S. rate hikes firms

The dollar started the week firmly on Monday, with a strong U.S.

Northern Ireland's unionist DUP sceptical as post-Brexit talks resume

The Democratic Unionist Party (DUP) warned the British government on Saturday that there is no way they will restore power sharing government in Northern Ireland unless post-Brexit trade checks to the region are removed.

Oil takes a breather, eases off 5-week highs

Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies following OPEC+ cuts and ahead of the European Union embargo on Russian oil.

UN to take up Russian annexations in Ukraine

The UN secretary-general, as the leading defender of the world body's values, bluntly denounced the annexations.

Musk's acrimonious Twitter bid heads for business school case study immortalization

Elon Musk's $44 billion Twitter takeover saga comes with all the drama necessary to be immortalised in case studies for future captains of industry, as the tycoon's on-off pursuit of the social media platform and unique management style make for a union like no other.

Amazon.com to invest over 1 billion euros in European electric van, truck fleet

Amazon.com Inc said on Monday it will invest more than 1 billion euros ($974.8 million) over the next five years in electric vans, trucks and low-emission package hubs across Europe, accelerating its drive to achieve net-zero carbon.

French energy giant offers pay talks to end fuel strike

Vehicle owners have faced increasingly long waits to fill up after two weeks of strikes by workers demanding higher wages in response to soaring prices.

Ukraine seeks to rebuild economy with defiant small businesses

Victoriia Maslova abandoned her herbal cosmetics factory in the Ukrainian town of Bucha on the first day of Russia's invasion of the country, fleeing to Poland with her mother and three younger brothers when rockets began hitting a nearby airport.

Companies lack targets for employee mental health, study shows

Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite "clear evidence" that such targets can save money.

Verstappen targets F1 domination after second world title

The flying Dutchman said it was a "crazy feeling" to lift the trophy for a second time -- then set his sights on ruling the sport for years to come.