Europe

A Russian-owned natural gas compressor station operated by Gazprom has been burning gas at an excessive rate amid gas shortages in Europe.

Citi expands its departure from Russia amid the war in Ukraine. Citi is one of many banks to leave the former Soviet Union because of its war of aggression.

European regulators are investigating Twitter over a whistleblower complaint made by a former head of security.

The euro fell below the dollar for the first time in 20 years. Cheaper European hotel and restaurant prices will benefit the American consumer traveling overseas.

Russia's attack on German energy leads to a return of the use of coal. Coal creates more carbon emissions than natural gas causing environmental damage.

The Russian state owned energy company Gazprom said it will shut its supplies to Europe off for there days at the end of August amid concerns over gas shortages.

Crude oil prices rose after it was announced that Russia is suspending crude oil exports through the Druzhba pipeline, blaming a Ukrainian transporter for shutting it down.

Hundreds of Amazon warehouse workers in southeast England are protesting over low wages and increased cost of living. Amazon has faced criticism from workers previously.

The bank has increased borrowing costs at six straight meetings of its monetary policy committee. It warned that the U.K will enter a recession later this year.

Airbus has rescinded its order from Qatar Airways for A350 jets in a dispute around World Cup preparations. The airline is also suing the planemaker for at least $1.4 billion.

Ukraine will double its energy exports to Europe as EU nations cope with an energy standoff with Russia amid an international gas crisis.

Gazprom further reduced natural gas flows through the Nord Stream 1 pipeline to Germany on Monday as Europe scrambles for alternative energy supplies.