Canada will temporarily expand support programs to help people and businesses hit by the Omicron variant of Covid-19, Ottawa said on Wednesday, warning people that worse was to come as the virus spreads.

The European Commission Wednesday outlined planned tougher rules on shell companies alongside details of its implementation of an international agreement to impose a minimum 15-percent tax on big multinationals.

Walking through a freezing market in Moscow earlier this month, 60-year-old Sergei Borisovich recalled that he rang in the last New Year at a table laden with festive delicacies.

European and UK gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key supplier Russia and consumer nations.

Britain’s economic recovery from pandemic fallout slowed more sharply than previously thought in the third quarter even before the arrival of the Omicron variant, official data showed Wednesday.

Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas.

A humanitarian association has filed manslaughter charges against high-ranking French and British officials for failing to help 27 people who drowned in November trying to cross the English Channel.

Asian stocks and oil prices sank on Monday on fears about a fresh global surge in coronavirus infections and as the future of US President Joe Biden’s massive social spending bill was thrown into doubt after it lost the crucial vote of a moderate Democrat.

World oil prices fell by more than five percent on Monday, as energy demand fears grew over the fast-spreading Omicron coronavirus variant.

Alban Nikolai Herbst’s Berlin apartment is covered in dust, his precious record collection included, thanks to a coal-powered stove he still uses to heat his home like thousands across the city.

After a decade-long hiatus, Russia is relaunching an ambitious bid for dominion over the world’s budding space tourism industry, jostling with zealous billionaires, the United States, and rising China.

Britain’s pandemic-weary hospitality businesses have taken a fresh hit from soaring coronavirus cases fueled by the Omicron variant, as anxious customers curtail socialising and cancel bookings over the Christmas period.

The poster child of China’s property crisis China Evergrande Group was officially declared in default by credit rating agency S&P Global on Friday after the sprawling firm missed a bond payment earlier this month.

The European Parliament on Wednesday approved its proposal for major EU legislation to impose unprecedented restrictions on how tech giants do business.

As the world hunkers down for Omicron, some investors might expect the global jet market to be withering away. Far from it.

Economic growth in the eurozone slowed to a nine-month low in December as a fresh wave of the coronavirus rattled businesses, especially in Germany, a closely watched survey said Thursday.

Russian investigators said yesterday they had detained tycoon Mikhail Fedyayev after a blast at a coal mine in Siberia that killed 51 people last month.

The Canadian government on Tuesday cut its deficit forecast for the current fiscal year, citing higher tax revenues and less emergency aid spending, while earmarking new funds to fight the Omicron coronavirus variant.

Mexico is not ruling out the possibility of appealing to an international panel over tax incentives proposed by the United States for some US-made electric vehicles, President Andres Manuel Lopez Obrador said on Tuesday.

British inflation has rocketed to its highest level for more than 10 years on broad-based price gains, data showed on Wednesday, sparking fears that wages will fail to keep pace on the eve of a Bank of England interest rate decision.