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World 25 May 2022 | 2:17 AM

Britain's energy price cap could rise to 2,800 pounds in October: Ofgem CEO

LONDON, May 24 (Xinhua) -- The energy price cap in Britain is expected to rise to around 2,800 pounds (about 3,510.67 U.S. dollars) per year in October, the chief executive of the Office of Gas and Electricity Markets (Ofgem) warned on Tuesday.

Technology 24 May 2022 | 4:52 PM

German grocery app Gorillas to cut staff in search of profit

FRANKFURT (Reuters) - Gorillas will lay off 300 people, cutting its administrative staff in half, as the German grocery delivery app shifts focus from rapid expansion to turning a profit, Chief Executive Kagan Sumer said.