Regulators in Brussels accused the social media platform of maintaining a weak age-verification system, and steering younger users toward inappropriate experiences.
Category: Europe
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
The New York Times – Business:American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
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Oil Falls and Stocks in Asia Hold Steady
The New York Times – Business:Oil prices had been gyrating this week, after a new round of attacks on major energy facilities in Iran and Qatar raised concerns about energy supplies.
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How the Iran War Narrowed Flight Corridors Between Europe and Asia
The New York Times – Business:One of the few paths left between the two continents threads through Azerbaijan, Georgia and Turkey, as global conflicts complicate aviation logistics.
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The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
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Oil Tops $106 a Barrel as Worries Persist About Global Supplies
The New York Times – Business:As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.
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War in Iran Has Grounded Gulf Airlines Like Emirates
The New York Times – Business:Emirates, Qatar Airways and Etihad Airways have become some of the world’s largest and most profitable thanks to their location at the center of busy travel routes.
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Surging Energy Costs Put German Industry ‘Really in Danger’
The New York Times – Business:Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
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Oil Prices Barely Budge After Trump Lifts Russia Sanctions
The New York Times – Business:After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude.
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Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy
The New York Times – Business:Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
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U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher
The New York Times – Business:Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was up and stocks in Asia rose.
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business:Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.