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5 Things You Need To Know, Today, on Friday 15th July 2022
5. Rationing of energy in Europe cannot be ruled out, the boss of energy giant Shell has warned, due to worries over the supply of gas from Russia.
Speaking at an energy conference, Ben van Beurden said a "really tough winter in Europe" was ahead, with energy prices set to see "significant" rises.
4. Online retail giant Amazon has said it plans to create more than 4,000 jobs in the UK this year.
It said the move, which would include roles in new warehouses in Wakefield and Knowsley, would make it one of the UK's top ten private sector employers bringing the company's total UK staff to 75,000.
3. China's economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers.
Gross domestic product (GDP) fell by 2.6% in the three months to the end of June from the previous quarter.
2. Emirates has rejected Heathrow Airport's demands for airlines to stop selling summer tickets, calling the move "unreasonable and unacceptable".
The airline accused the airport of having a "blatant disregard" for customers after it capped passenger numbers to 100,000 per day over summer.
1. The general secretary of the UK's biggest private sector union has warned of a 'summer of discontent' over pay.
Sharon Graham said there could be hundreds of disputes involving tens of thousands of people if workers are made to "pay the price for inflation".