Author: Press Room

The White House said nothing was off the table a day after Opec+ angered Washington with sharp cuts to world oil supply, as it considered responses — including new releases from the US Strategic Petroleum Reserve to contain energy prices. The Opec+ cartel led by Saudi Arabia and Russia on Wednesday agreed to lower production targets by 2mn barrels a day, or roughly 2 per cent of global oil consumption. Oil markets rose further yesterday, with Brent crude reaching $94 a barrel. Brian Deese, director of the White House’s National Economic Council, described the decision as “unnecessary and unwarranted” and…

Tiger Global is raising a private equity fund that will target $6bn in investment, less than half the amount raised for a prior fund, as the prominent technology investor slows its once breakneck pace.The fundraising began on Thursday, according to a letter sent to limited partners and obtained by the Financial Times. Chase Coleman, Tiger’s billionaire founder, has been seeking investors willing to buy into the technology downturn that has battered his group’s portfolio. Tiger’s preceding private equity fund of $12.3bn closed in February. The $6bn private fund is below early targets of about $8bn, according to a person familiar…

Germany, the EU’s industrial powerhouse, is facing scrutiny over a €200 billion financial scheme to help citizens and businesses cushion the pain from soaring gas bills.The plan, described by Chancellor Olaf Scholz as a “defensive shield,” is meant to introduce emergency price brakes for gas and electricity consumption.As the most expensive fuel to fulfil power demands, gas sets the final price for electricity, so with gas prices surging, Germany has seen record-breaking electricity prices.”Prices have to come down, so the government will do everything it can,” Scholz said in a press conference alongside vice chancellor Robert Habeck and finance minister…

‘Love Island’ winners Ekin-Su and Davide may be behind a surge in holidays to Turkey and Italy this autumn.UK flights to Ekin-Su’s home city of Istanbul are up around 626 per cent on last year, travel search engine KAYAK reports. While Davide’s birthplace of Rome is seeing 232 per cent more traffic on the site compared to September-November 2021.Obviously the resurgence of travel since the pandemic is a big factor. But could the loved-up couple be turning holidaymakers’ heads to southern Europe too?“Whilst these search spikes could be a coincidence, it isn’t the first time we’ve seen pop culture influence…

Alek Manoah burst onto the scene this year, becoming one of baseball’s best pitchers.His 2.24 ERA was the fourth-lowest in all of baseball, and his All-Star season earned him a spot as the Toronto Blue Jays’ Game 1 starter Friday against the Tampa Bay Rays in a wild-card series.It will be the biggest start of Manoah’s career.For Manoah, the pressure is a privilege. He says he doesn’t feel any. “I had a coach that used to say, ‘Pressure is something that you put in your tires,'” Manoah said Thursday. “This is just baseball. It’s just a game, just gotta go…

AS Roma manager Jose Mourinho believes his team did not deserve to lose against Real Betis in the Europa League on Thursday evening. Despite taking the lead through a Paulo Dybala penalty, Roma went down 2-1 in front of their own fans as a fine strike from Guido Rodriguez and a late header from Luiz Henrique gave Manuel Pellegrini’s side the victory. The misery for Roma and their fans was compounded late on when Nicolo Zaniolo was shown a red card, which particularly incensed the home section who felt that German Pezzella should have been sent off earlier for a…

Biden administration preparing to ease sanctions if Caracas takes steps towards restoring democracy, report says.The United States is considering loosening sanctions on Venezuela so Chevron Corp can pump oil in the country if Caracas takes steps towards restoring democracy, the Wall Street Journal has reported. Under the proposed deal, the Biden administration would ease some sanctions in exchange for Venezuelan President Nicolás Maduro resuming talks with the political opposition on the conditions needed to hold free and fair elections in 2024, the newspaper reported on Wednesday, citing people familiar with the proposal. US officials said the deal had not been…

Skye Sanderson said she finally has closure. “It hurts so much,” she said. “But now I know. My kids know.”Skye, the widow of Damien Sanderson, always defended her husband, saying he was not a murderer but another victim of the James Smith Cree Nation stabbings.Speaking to Global News’ Ashleigh Stewart, Skye said Damien’s brother Myles Sanderson was responsible for the 11 dead and 18 injured.On Thursday, more than a month after the attacks, Saskatchewan RCMP confirmed that.“Damien was killed by Myles Sanderson. We know that to be true,” Assistant Commissioner Rhonda Blackmore told reporters during a press conference. “And he…

Deputy Prime Minister Richard Marles has sought to explain where his leader Anthony Albanese has been amid questions about whether Labor will honour its commitment to the stage three tax cuts.      The Opposition on Thursday called out Mr Albanese’s notable silence on the tax issue as concerns grew Labor was set to axe the cuts that are due to come into effect in mid-2024. Mr Marles was asked by Karl Stefanovic on Channel Nine’s Today on Friday “Where is the Prime Minister by the way? He’s gone a little bit AWOL this week”. “Well, actually, I’ve been sitting with the Prime…

Brian To/Fox/PictureGroup/ShutterstockDoing their research. Kim Kardashian‘s new true crime podcast was called out for allegedly not contacting the victims mentioned on the show — but the team asserts they took the necessary steps. The reality star, 41, narrates “Kim Kardashian’s The System: The Case of Kevin Keith,” which debuted on Spotify on Monday, October 3, and explores the life of convicted murderer Kevin Keith. Kardashian’s eight-episode series attempts to make a case for Keith’s release from prison, and two of his alleged victims aren’t pleased with the podcast. Quanita and Quentin Reeves were among the six people shot by Keith…