By Nina Chestney A global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region’s most vulnerable …
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By Marianna Parraga HOUSTON – Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy’s Eni and Spain’s Repsol to provide it with fuel …
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A look at the day ahead in markets from Alun John European economic data takes centre stage on Friday, with investors in risk assets fearing old world doom and gloom …
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BASTASCH: Europe Is Descending Into Climate Lockdowns. Will America Blindly Follow Suit? Michael Bastasch on August 11, 2022 If energy is life and the lack of energy is death, then …
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By Radhika Anilkumar (Reuters) -British betting group Entain said it would buy Croatia’s SuperSport Group for 600 million pounds ($731 million) in cash on Thursday after the owner of Ladbrokes, …
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By Natalie Grover and Jennifer Rigby LONDON – Health officials in Europe are discussing whether to follow a move by the United States to stretch out scarce monkeypox vaccine supplies, …
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By Joan Faus MADRID -Spain reported its second monkeypox-related death on Saturday, in what is thought to be Europe’s second death from the disease and only the third outside of …
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THE NEW SCRAMBLE FOR AFRICA: Europe Eyes Africa’s Vast Gas Reserves As Alternative To Russia Micaela Burrow on July 27, 2022 European countries see African energy resources as a possible …
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By Richa Naidu LONDON – Reckitt Benckiser, maker of Dettol cleaning products and Durex condoms, has contingency plans in place to keep a major European facility from shutting down if …
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Europe Agrees To Ration Gas Thanks To Energy Crisis — With Just One Catch Jack McEvoy on July 26, 2022 European Union (EU) members agreed on a new emergency proposal …
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Justin Trudeau Is Pursuing The Same Climate Policy That Sparked Mass Protests In Europe Micaela Burrow on July 25, 2022 Canada is moving forward with cuts to emissions resulting from …
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Russia Throttles Gas Flows To Europe As Exports To China Hit Record Highs Jack McEvoy on July 25, 2022 Russian state-owned energy company Gazprom is cutting gas flows to Europe …
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Putin Promises To Keep The Gas Flowing To Europe — For Now Jack McEvoy on July 20, 2022 Russian President Vladimir Putin said Russia would continue to supply Europe with …
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‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its first interest rate hike in …
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By Nina Chestney LONDON – Europe is on edge about the restart of the Nord Stream 1 gas pipeline from Russia after annual maintenance is set to end on Thursday, …
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‘Especially Perilous’: Europe Encouraged To Ration Gas Supplies Ahead Of Winter Jack McEvoy on July 18, 2022 The International Energy Agency (IEA) is calling for widespread energy rationing across Europe …
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Europe Begs Authoritarian Countries For Gas Amid Energy Crisis Micaela Burrow on July 18, 2022 European leaders traveled to authoritarian countries Monday in search of new energy deals as Russia’s …
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WASHINGTON – A Russian natural gas embargo would cause deep recessions in Hungary, Slovakia, the Czech Republic and Italy unless countries can cooperate more to share alternative supplies, the International …
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By John O’Donnell and Tom Sims FRANKFURT – Long one of the globe’s economic stars, Germany is on a brink of a reversal of fortune which some fear imperils the …
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By Steve Holland and Matt Spetalnick WASHINGTON – U.S. President Joe Biden turns his attention this month to a sensitive trip to the Middle East that will test his ability …
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By Anna Ringstrom STOCKHOLM – Warehouses for IKEA stores in Europe are as full as they were before the pandemic after an easing of transport bottlenecks in the region, the …
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(Reuters) – Eurozone is headed toward “stagflation” as efforts to stamp out a surge in inflation will bring growth to a near halt in the second half of the year, …
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(Reuters) – A U.S. recession over the next 12 months is “probably more likely than not”, PIMCO’s global chief investment officer for fixed income Andrew Balls said on Thursday. Balls, …
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BERLIN – Europe will mobilize 300 billion euros in private and public funds over five years to fund infrastructure in developing countries as part of the G7’s drive to counter …
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MOSCOW – Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking bigger volumes of Russian …