Oil giant Shell posts highest-ever annual profit of $40 billion
Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would…
Euro zone inflation dips for a third straight month as energy prices continue to fall
Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above…
A New York Exhibition on the Salem Witch Trials Explores the Legacy of the Dark Historical Chapter on the Descendants of the Accused
Magic is afoot at the New-York Historical Society, where a new exhibition revisits a dark chapter in U.S. history: the…
Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon
TikTok owner ByteDance has launched a women’s fashion website called If Yooou. Pinduoduo launched an e-commerce site in the U.S.…
American companies increasingly look outside of China after Covid
Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended…
Elon Musk addresses Twitter takeover, possible recession on Tesla earnings call
Tesla reported third-quarter earnings after the bell, and executives addressed a broad range of questions during the earnings call, including…
Dow closes up 550 points, Nasdaq pops more than 3% as strong bank earnings boost volatile market
Stocks rose sharply on Monday as key earnings reports eased some of investors’ fears and oversold tech names enjoyed a…
‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and…
Russian strikes kill 17 in Ukraine following bridge attack
A view shows a residential building heavily damaged by a Russian missile strike, amid Russia’s attack on Ukraine, in Zaporizhzhia,…
Britain’s tax cut pivot might not be enough to quell market mayhem
LONDON — The U.K. government’s reversal on scrapping the top rate of income tax is down to political optics and…
Is the UK now a buy? Analysts weigh in after market meltdown and Bank of England intervention
A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty…
IMF gives damning verdict on Britain’s tax cuts
The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the…
Italy poised for hard-right leader as country votes in snap election
Giorgia Meloni, leader of the right-wing party Fratelli d’Italia (Brothers of Italy) holds a giant Italian national flag during a…
Archaeologists Have Uncovered a Mysterious Stone Roundel in Prague That’s Older Than Stonehenge and the Pyramids
A mysterious, newly discovered stone roundel in Prague is older than Stonehenge and the Egyptian pyramids, built some 7,000 years…
Opium Traces Found in 3,500-Year-Old Pottery Suggests the Ancient Canaanites Were the First Humans to Use Psychoactive Drugs
Bronze Age humans living in the Levant may have been the first people to get high on psychoactive drugs, according…
Viking Women Were Power Knitters Whose Textiles Provided Vital Trade Across Europe, Researchers Say
The Vikings of legend were fearless male warriors who raided coastal towns across Europe. But archaeological research shows that Viking…
Faded Photos Bought for $2,200 at an Estate Sale Turn Out to Be Two Rare Stieglitz Works Stuck Together
An eagle-eyed collector bought a framed photo at a tiny Connecticut auction house for just over $2,000 last year. He…