Explainer-Why Europe faces climbing energy bills
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…
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…
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…
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…
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…
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,…
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,…
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…
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…
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…
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…
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…
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…
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…
‘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…
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,…
‘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…
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…
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…
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…
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…
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…
(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,…
(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,…
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…
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…