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UK to cap renewable energy company revenues
UK to cap renewable energy company revenues
Business and Economy
by  AFP

Britain will introduce a cap on the revenues of companies that produce low-carbon electricity in an attempt to mitigate the impact of soaring energy prices on consumers. The temporary cap on energy companies that produce electricity from renewables and nuclear is being introduced in England and Wales, the government said in a statement late Tuesday.

Ukraine grain ships stuck in Istanbul traffic jam
Ukraine grain ships stuck in Istanbul traffic jam
World
by  AFP

A cargo ship traffic jam stretched as far as the eye could see off Istanbul, where a key deal to get Ukraine grain to market has translated into major hold-ups. The group noted last week the waiting time for cargo ships leaving Ukraine reached nine days on average, in a statement that warned of "congestion" in some of the waters near Istanbul.