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Five things to know about the Wirecard scandal
More than two years after the dramatic collapse of German digital payments firm Wirecard, ex-CEO Markus Braun and two former managers will go on trial for fraud. The complaints were dropped after Wirecard collapsed.
Asian stocks up, dollar down as China eases more Covid measures
Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict Covid containment measures in China that have hammered the world's number-two economy. The prospect of the world's number-two economy kicking back into gear helped traders overcome data on Friday showing far more jobs than expected were created in the United States in November.
Morocco reaps cash, clout from fertiliser supply shock
A global fertiliser supply shock deepened by Russia's Ukraine invasion has brought boom times for the North African phosphate superpower Morocco and earned the kingdom new diplomatic capital. That makes it a major player in a global market fearful of further supply shocks.
Opec+ likely to maintain oil output levels
Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current output levels at a meeting Sunday, ahead of fresh sanctions against Moscow coming into force.
US hoax trials spotlight misinformation profiteer
American radio host Alex Jones reaped millions spouting conspiracy-laden falsehoods that helped drive up sales of products like libido boosters, exploiting an internet ecosystem that experts say makes misinformation a lucrative business.
TotalEnergies cuts North Sea investment over UK windfall tax
French company TotalEnergies will cut North Sea oil and gas investment by 25 percent next year after the UK government extended a windfall tax on energy firms.
Top French central banker in corruption probe
French prosecutors said Friday that they had opened a corruption investigation into top central banker Sylvie Goulard, who simultaneously stepped down from the Bank of France. "Neither Sylvie Goulard nor her lawyer were informed that the investigation had been reopened," the source said.
Biden signs emergency law forcing US rail unions to accept wages deal
US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a salary deal, avoiding a possibly devastating strike -- but putting the pro-union Democrat in an awkward political position. - No choice - Judging by the overwhelmingly bipartisan support in Congress for forcing through the deal, the political hit for Biden will be contained.
Austria must continue to cut Russian gas reliance: OMV CEO
Austria has cut its dependence on Russian gas but it must keep up efforts to diversify its supplies for the next cold season, the head of Austrian energy group OMV told AFP. Europe has sought to reduce its reliance on Russian oil and gas since Moscow invaded Ukraine.
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