Business

Cuba hit by second island-wide blackout

Millions of Cubans were plunged into darkness once again on Saturday as the island's national electric grid collapsed for a second time in less than a week and for a third time this month. The nationwide power outage hit Cuba's communist government struggles with a run-down infrastructure and a US-imposed oil blockade.

Jury Finds Musk Misled Twitter Shareholders

A US federal jury on Friday found Elon Musk liable for misleading Twitter shareholders by deliberately trying to drive down its stock price in the months leading up to his 2022 acquisition of the social media company for $44 billion (€38 billion).

IRGC Spokesman Reported Killed Amid Widening Regional Strikes

Skip next section Fire breaks out at Kuwait refinery after Iranian drone strikes March 20, 2026 Fire breaks out at Kuwait refinery after Iranian drone strikes The Mina Al-Ahmadi oil refinery is located in Kuwait, one of the world's major oil producers in the Persian GulfImage: AP Photo/picture alliance Kuwait said on Friday that a fire

Belarus Frees 250 Political Prisoners After US Sanctions Deal

Belarusian President Alexander Lukashenko ordered the release of 250 political prisoners on Thursday in exchange for easing sanctions from Washington, according to the US embassy in nearby Lithuania. It is reportedly the largest one-time release of its kind so far, as Belarus is ramping up efforts to normalize ties with the United States.

Germany Weighs Windfall Tax as Fuel Prices Surge

German Economy Minister Katherina Reiche on Thursday urged caution over new relief measures as fuel prices surge because of the US-Israeli war against Iran. Prices at the pumps have surged with global supplies under pressure because of Iran's stranglehold on the Strait of Hormuz, attacks on Iranian fuel infrastructure and Tehran's counterattacks in the Gulf.

South Pars Strikes and Global Energy Risks

On Wednesday (March 18), Israel attacked Iran's South Pars gas field, targeting onshore refinery units and gas storage tanks in Asaluyeh as well as offshore facilities connected to the gas field.

Nuclear cleanup costs threaten expansion plans

Standing in a 1960s industrial building by the German Baltic Sea coast, Florian Grose, holds a dosimeter as he moves towards a corner of the room. It starts beeping furiously. "That's around 10 microsieverts," he says, dressed in protective overalls. A normal dose rate is under 0.2 microsieverts.