Russia bans oil sales to countries using price cap
The oil price cap, agreed by Western countries, aims to reduce Russian revenue for its war in Ukraine.
Spain announces €10bn help to fight rising prices
PM Pedro Sánchez backs aid for households amid an energy crisis prompted by Russia’s war in Ukraine.
Train strikes: Walkout brings early end for Christmas Eve services
Trains will not run again until 27 December, as walkouts on the railways and other industries continue.
Workers over 50 encouraged to end early retirement
Older people who have given up work could be offered a “midlife MoT” to entice them back into employment.
Airport strikes could go on for months, says PCS union boss
The boss of the PCS union says Border Force staff walkouts on Friday could be the first of many.
Meta settles Cambridge Analytica scandal case for $725m
The proposed deal by Facebook’s owner is the largest in a US data privacy class action, say lawyers.
Royal Mail strikes: Postal workers walk out in run-up to Christmas
About 115,000 staff are walking out Friday and Saturday in a row over pay and conditions.
FTX founder released to parents on $250m bail
Prosecutors have accused Sam Bankman-Fried of “one of the biggest financial frauds in US history”.
Online whisky auction house’s sales hit £50m
Perth-based Whisky Auctioneer says 2022 has been a record year for some distilleries.
Amazon could be blamed for fake Louboutin shoe ads – EU
Top EU court says Amazon could be held responsible for third-party sales of fake Louboutin shoes.