Business News

Denmark’s maritime authority says a gas leak had been observed in a pipeline leading from Russia to Europe underneath the Baltic Sea and could pose a danger to shipping traffic


Susan Collins, the new president of the Federal Reserve Bank of Boston, said says that a higher unemployment rate will be needed to bring down inflation from unusually high levels, but suggested any economic downturn would likely be modest



The head of the European Central Bank says the economic outlook “is darkening” and she expects business activity to “slow substantially” in the coming months as high energy and food prices pushed up by the war in Ukraine sap consumer spending power




The 10th anniversary of the Global Citizen Festival, which included performances from Metallica, Mariah Carey and Usher, generated more than $2.4 billion in commitments to fight extreme poverty and disease










The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year


The mining company that wants to extract an assortment of rare elements from under the ground in southeast Nebraska has announced a deal that will give it up to $285 million to help cover the roughly $1.1 billion cost of building the mine



The Australian government says it's considering tougher cybersecurity rules for telecommunications companies and blamed the nation’s second-largest wireless carrier, Optus, for an unprecedented breach of personal data from 9.8 million customers








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