Business Highlights: A summary of the day’s top stories in the business world.
BERLIN — The German government says it will keep two subsidiaries of Russian oil giant Rosneft under the control of German authorities for another six months. The government announced a year ago that it was putting the units under the administration of Germany’s Federal Network Agency. In March, a German federal court threw out complaints from Rosneft and upheld the decision. The trusteeship gave German authorities control of three Russian-owned refineries.
SAN JUAN, Puerto Rico — Students and teachers are sweltering in public schools across Puerto Rico and demanding that the government install air conditioners as the U.S. Caribbean territory bakes under record heat this year. But the island’s governor quietly vetoed a bill last month that would authorize the installation of cooling systems in a move that outraged many.
NEW YORK — Annie Lennox is not retiring. Though her partner in the Rock and Roll Hall of Fame band Eurythmics Dave Stewart recently posted that Lennox “won’t be touring anymore” and would not be part of the “Sweet Dreams 40th Anniversary Tour” this fall, Lennox told The Associated Press that she will continue to perform. “I’m not retiring from anything,” Lennox said. “I’m just stepping back because I spent decades on the road.
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