The White House is reportedly having “multiple meetings a week” to achieve what some experts say won’t work The US is actively working on a proposal to cap the price of Russian oil at anywhere between $40 and $60 per barrel, Bloomberg reported on Wednesday, citing unnamed sources familiar with the matter. President Joe Biden…

Consumers in the Eurozone continued to cut spending on food, drinks, and tobacco last month amid a spike in prices, EU statistics office Eurostat reported on Wednesday. Data shows that costs rose by 8.9% last month on an annual basis, compared with 7.5% growth in May.

BYD sold the most electric cars worldwide in the first half of 2022, industry data shows Chinese auto producer BYD sold more than 641,000 electric vehicles in the first six months of the year, making the company the world’s top EV maker in terms of sales, Chinese media reports, citing industry data.