Business

The EP is considering banning airlines from getting free CO2 permits under the EU carbon market by 2026. Photo: Nicolas Economou/NurPhoto via Getty Images

Airlines to pay for their CO2 emission in Europe by 2026

The European Parliament is considering banning airlines from getting free CO2 permits under the EU carbon market by 2026.  see more
Business Thu, 13:41
Microsoft will pay USD 68.7 bn for the acquisition. Photo: PAP/EPA/MICHAEL NELSON

Microsoft buys ‘Call of Duty’ owner in largest-ever gaming industry deal

The company leans towards investments in “metaverses”, the virtual online worlds where gamers can socialise.  see more
Business Tue, 19:45
Photo: GettyImages/Sean Gallup

Russia’s Gazprom seeks arbitration against Poland’s PGNiG over gas prices

Gazprom’s demand to increase the contract price is “groundless”, Paweł Majewski, the CEO of PGNiG, said.  see more
Business Sat, 17:54
Photo: GettyImages/Joe Raedle

US inflation surges to a four decade record high

Used vehicle prices, due to supply chain constraints that have limited new vehicle production, bringing the price to a 37.3 percent increase year on year.  see more
Business Sat, 12:57
Photo: PAP arch.

Polish gas giant cuts prices for business sector

The price reduction is to apply until the end of February, but the company will take further actions according to the market conditions.  see more
Business Fri, 17:48
Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

Tesla to accept Dogecoin as payment: Elon Musk

The move comes a month after Elon Musk said Tesla would test out the digital token as a payment option.  see more
Business Fri, 14:11
photo: orlen.pl

Merger of Poland’s fuel giants on final stretch

As part of PKN Orlen’s acquisition of Grupa Lotos, the company will sell some of its shares in the acquired company and buy gas stations in Slovakia and Hungary.  see more
Business 12.01.2022
PAP: EPA/JEROME FAVRE

World Bank calls on China to go all out for relieving debt of poorer nations

The World Bank President called for an end to non-disclosure agreements often demanded by China.  see more
Business 11.01.2022
photo; wikimedia commons/Chensiyuan

Taiwan to launch nearly EUR 1 bn Lithuania credit fund amid Beijing pressure

China has downgraded diplomatic ties with Lithuania after the country allowed Taiwan to open a de-facto embassy under its own name in Vilnius.  see more
Business 11.01.2022
photo: wikimedia commons/Peter Heeling; Skitterphoto

2021 saw new record for Polish Investment Zone

According to a deputy Development and Technology Minister, the number of new projects in 2021 grew by 92 percent year on year.  see more
Business 11.01.2022
photo: pap arch.

Reduced VAT on fuels will bring down petrol prices: official

Daniel Obajtek, the head of Poland’s biggest fuel company PKN Orlen, positively assessed the government’s decision to cut VAn on fuels by two-thirds.  see more
Business 7.01.2022