The local government of Gothenburg, Sweden, is to begin a yearlong experiment to see if cutting the working week to 30 hours will be more efficient. It is hoped working less hours will cut down on sick leave, and save money.
Another potential gas war between Kiev and Moscow looms as Ukraine is due Monday to pay a $2.2 billion debt to Russia’s Gazprom. Ukraine’s PM has called the new gas prices "unacceptable" and purely "political".
The founder of VKontakte, Russian biggest social network, Pavel Durov has withdrawn his resignation as the company’s CEO, after saying he was leaving on April 1. Posting his resignation on April Fools' day was a hint it wasn’t final, Durov said.
Instead of recalling defective vehicles when it noticed they were built using flawed ignition switches, General Motors opted not to make any changes due to the fact that it would’ve cost an extra dollar per car, a new report by Reuters states.
Russia’s biggest billionaire has bought shares in big Chinese internet retailer Alibaba, after selling his stakes in US tech giants Apple and Facebook. The deal comes as the West imposes sanctions on Russia, that could spread from politics to business.