Monthly Archives: October 2022

Airbus is paying nearly all of its 126,000 employees a $1,470 bonus to help them cope with the cost of living crisis

Airbus employees – like these in Hamburg, Germany – will receive the bonus in their next pay check picture alliance / Contributor / Getty Around 120,000 Airbus employees will receive a cash bonus to help cope with rising living costs.  They’ll receive the 1,500 euro ($1,470) payment in their next paycheck, Airbus confirmed to Insider. …

Trump’s billionaire friend Tom Barrack reportedly called his ties to the former president ‘disastrous’ for his business

Tom Barrack leaves US District Court for the Eastern District of New York on September 19, 2022. Michael M. Santiago/Getty Images Former Trump advisor Tom Barrack is charged with illegal lobbying on behalf of the UAE. In testimony on Monday, the billionaire reportedly said Trump was “disastrous” for his business.  He said that it would…

Expect the natural gas market to tighten if China rebounds to compete with Europe for supply, IEA chief says

IEA chief Fatih Birol. (Photo by Minasse Wondimu Hailu/Anadolu Agency/Getty Images) The market for liquefied natural gas will get tighter if China’s economy rebounds, the IEA’s head said Tuesday.  That will mean more competition for supply with energy-starved Europe, according to Fatih Birol. But analysts are worried about economic growth in China after President Xi’s…

White House says reports about national security reviews of Elon Musk’s Twitter deal and Starlink network were ‘not true’

Tesla and SpaceX CEO Elon Musk. Patrick Pleul/picture alliance via Getty Images The White House has said reports of national security reviews for Elon Musk’s deals were false. The White House press secretary said in a briefing: “The national security review, that is not true.” Bloomberg reported last week the US was weighing national security…

Meet the wealthy ex-Goldman Sachs junior banker and hedge-fund manager taking over as the UK’s new prime minister

Hiya! Dan DeFrancesco checking in from NYC. We’ve got famous authors yelling at Jamie Dimon, rich Russians heading to your favorite all-inclusive, and more people complaining about Mark Zuckerberg’s metaverse infatuation.  But first, there’s a new top man in the UK.   If this was forwarded to you, sign up here. Download Insider’s app here. Rishi…