London CNN Business — EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some electricity generators as the cost of Europe’s energy crisis spirals higher. But energy ministers from the 27 EU member states failed to reach an agreement on a proposal by the […]
This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — After tumbling to a record low against the dollar, the British pound stabilized Tuesday, rising more than 1% to $1.08. But the economic policy that sparked the currency’s historic nosedive […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. CNN — When Russian President Vladimir Putin met with Chinese leader Xi Jinping in Uzbekistan last week, the mood […]
CNN — Two American veterans and five British citizens who had been held by Russian-backed forces for months have been released as part of the prisoner swap between Russia and Ukraine that was brokered by Saudi Arabia. Family members of Americans Alexander John-Robert Drueke and Andy Tai Ngoc Huynh, who were captured in June while […]
Bakhmut, Ukraine CNN — In the ruins of an apartment block tarred with soot and clouded in dust amid constant shelling, a small group of Ukrainian soldiers are face to face with a new type of Russian enemy: mercenaries, some of whom may be convicts sent to the front line. The battle is as heated […]
New York CNN — It took a Queen to shake up this year’s high-level week at the United Nations General Assembly – an annual whirlwind shindig known as UNGA that will begin on Tuesday. The UN gang is finally getting back together in person, after three years of leaders speaking by video due to the […]
Hong Kong CNN — When Chinese leader Xi Jinping and Russian President Vladimir Putin sit down with other Asian leaders at a summit in Central Asia Friday, they will seek to present a united front to counterbalance the United States and its allies. But within their “no-limits” relationship, potential differences over Russia’s faltering invasion of […]
Hong Kong CNN — China’s number three leader is expected to meet in person with Russian President Vladimir Putin on the sidelines of an economic forum in Vladivostok on Wednesday, in what will be the most senior-level, face-to-face meeting between the two countries since Moscow’s invasion of Ukraine. Li Zhanshu, a member of the Chinese […]
London CNN Business — Russia won’t immediately resume exports of natural gas to Europe through its Nord Stream 1 pipeline, worsening a shortage that threatens to tip the continent into an energy crisis this winter. On Friday, Russian state energy giant Gazprom said it would not resume flows through the pipeline on Saturday as planned […]
CNN — When CNN Hero Aaron Jackson welcomed the first group of dogs from Ukraine to the abandoned animal shelter he’s reopened in Poland, he also took in two refugees who shared an amazing story of survival. Jackson, the founder of the non-profit Planting Peace, traveled from his Florida home to Poland shortly after Russia […]