British Airways made an announcement regarding cancellation of further flights for the next summer break. The corporation made the decision during a period of significant airport interruptions brought on by employee shortages and a rise in air travel demand. British Airways announced that it will...

Following consumer group complaints, Amazon has made it easier for users to cancel their subscriptions to its quick shipping club Prime with only two clicks, according to the European Commission earlier this week.   In April of last year, the European Consumer Organization (BEUC), the...

With a decree seizing complete control of the Sakhalin-2 gas and oil project in Russia's far east, President Vladimir Putin has increased the stakes in an economic conflict with the West and its allies, potentially forcing out Shell and Japanese investors.   The decree, issued on Thursday,...

The government of India hiked its basic import duty on gold from 7.5 per cent to 12.5 per cent on Friday, as the world's second largest consumer of the precious metal seeks to reduce demand and reduce its trade deficit.   India imports the majority of its gold, putting pressure on the rupee,...

According to an Indian customs document reviewed by Reuters, UltraTech Cement is importing a cargo of Russian coal and paying in Chinese yuan, an uncommon payment method that dealers fear could become more widespread.   According to the document, UltraTech is bringing in 157,000 tonnes of...

Shares in Europe's largest online meal ordering company, Just Eat Takeaway.com, fell to an all-time low on Wednesday, as investors questioned if the loss-making company will be able to sell its U.S. Grubhub subsidiary and attain profitability without extra capital.   Following a note by...

Zip Co Ltd, an Australian purchase now, pay later company, announced that it would boost costs for customers and merchants as it tries to withstand the impact of skyrocketing inflation and rising interest rates on its business.   This year, the company's stock has dropped about 90 percent as...

The central bank of Ireland fined AIB and its EBS subsidiary a record 96.7 million euros ($101.6 million) for overcharging clients denied mortgages that track base rates. The fine was more than double the previous biggest penalty imposed on any institution, bringing the total amount punished to...

In reaction to dwindling Russian supplies, Germany activated the "alarm level" of its emergency gas plan on Thursday, but stopped short of letting utilities to pass on rising energy bills to customers in Europe's largest economy. The move is the latest escalation in Europe's standoff with Moscow...