Business News

Bulgaria’s ex-energy chief charged over Russian gas cutoff

Bulgarian prosecutors have charged a former energy minister in the previous, pro-Western government with mismanagement that allegedly caused losses of 45 million euros ($48 million) to the country’s major state-run gas operator Go to Source Author:

Oil major TotalEnergies doubles annual profit to $36 billion

France’s TotalEnergies SE doubled its profits in 2022, joining other international oil and gas companies in fattening their bottom lines as high energy prices surged after Russia’s invasion of Ukraine Go to Source Author:

UN experts: North Korean hackers stole record virtual assets

U.N. experts say in a new report that North Korean hackers working for the government stole record-breaking virtual assets last year estimated to be worth between $630 million and more than $1 billion Go to Source Author:

Fed Chair Powell sees ‘significant’ inflation drop in 2023

Federal Reserve Chair Jerome Powell said Tuesday that if the job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects Go to Source Author:

Microsoft bakes ChatGPT-like tech into search engine Bing

Microsoft is fusing ChatGPT-like technology into its search engine Bing, transforming an internet service that now trails far behind Google into a new way of communicating with artificial intelligence Go to Source Author: