The world’s largest elevator and escalator maker, US-based Otis, will sell its business in Russia, the company announced on Wednesday. The firm said that “supply chain disruptions and mounting regulations” caused by the “ongoing crisis in Eastern Europe” mean that its business in Russia “is no longer sustainable”, and the company has reached an agreement…
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The EU’s gas rationing plan approved on Tuesday may not stand the test of a cold winter, Britain’s The Economist magazine warned on Wednesday. A “meagre” cut to gas consumption will not solve the continent’s problems, the publication wrote, referring to the plan that will see most EU nations voluntarily reduce their use of natural…
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The US president has apparently shaken off the coronavirus after five days in isolation US President Joe Biden tested negative for Covid-19 on Tuesday evening, his physician announced on Wednesday. Biden, who caught the virus despite having received a total of four vaccine doses, had suffered only mild symptoms.
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