When Tim Walz, a candidate for U.S. Vice President says American’s don’t have the right to free speech, you know the world is in a bad place. Especially as the U.K. is…
MOSCOW – The operator of the operational Nord Stream 1 undersea gas pipeline from Russia to Germany said on Friday that transportation of natural gas to Europe was continuing normally. “Nord Stream…
MILAN – French luxury group Chanel has again increased prices on some of its products, after three price hikes in 2021, meaning some of its signature handbags now cost up to twice…
By Nora Buli, Jonathan Saul and Marwa Rashad OSLO/LONDON – Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes at European…
By Huw Jones LONDON -Europe’s financial market on Monday began severing Russia’s ties to its critical plumbing for trading, clearing and settling securities as sanctions on Moscow started to bite. Euroclear in…
WASHINGTON – The United States, Britain, Europe and Canada on Saturday moved to block Russia’s access to the SWIFT international payment system as part of another round of sanctions against Moscow as…
LONDON – Russia launched a full-scale invasion of Ukraine this week, sparking a slew of sanctions and turmoil in global financial markets. Below are six charts showing the week’s dramatic moves in…
By Ted Hesson and Kristina Cooke WASHINGTON – The United States is playing a secondary role to European nations as thousands of refugees flee Ukraine, providing emergency aid but signaling that Europe…
MOSCOW – Eastbound gas supplies from Germany to Poland via the Yamal – Europe pipeline stopped on Friday, while preliminary bids have emerged for gas flows to the west, data from the…
PARIS – European sanctions against Russia over the war in Ukraine will lead to cost increases, German Finance Minister Christian Lindner said, but the bloc will be able to protect its economies…
By Alan Charlish and Luiza Ilie MEDYKA, Poland/BUCHAREST -Thousands of Ukrainians fleeing war with Russia started arriving in neighbouring central European countries on Thursday and the region braced for many more, setting…
A top Russian government official warned that energy costs would skyrocket in Europe after Germany halted certification of the Nord Stream 2 pipeline Tuesday. “German Chancellor Olaf Scholz has issued an order…
– Fidelity International has launched its first investment product that tracks bitcoin in Europe, as the British investment manager taps into rising demand for exposure to digital currencies. The Fidelity Physical Bitcoin…
– Europe’s gas market remains volatile amid tensions between Moscow and the West over Ukraine, a key route for Russian gas, as Gazprom, source for 40% of Europe’s needs, sends gas under…
By Julia Payne LONDON – Exxon Mobil is injecting new cash into oil trading in Europe after a retreat on its ambitious expansion plans last year, three people with knowledge of the…
By Jan Lopatka and Robert Muller PRAGUE – Liquefied natural gas (LNG) shipments to Europe late last year showed Russia could not use gas as great leverage over Europe, and the gas…
By Nick Carey LONDON – Governments and utilities need ambitious plans to cut red tape to install vehicle chargers if Europe is to be ready for 130 million electric vehicles (EVs) by…
By Marwa Rashad LONDON – The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about the…
The World Health Organization’s (WHO) director for Europe predicted the continent would see a “long period of tranquillity” after a tumultuous two years facing the COVID-19 pandemic, BBC News reported. “This period…
By Phil Stewart and Dmitry Antonov WASHINGTON/MOSCOW – The United States will send nearly 3,000 extra troops to Poland and Romania to shield Eastern Europe from a potential spillover from the crisis…
The European Union released a proposal that would define liquified natural gas (LNG) and nuclear energy as “green” energy, opening both up for greater investment across the region. Both natural gas, which…
The flow of natural gas through a key Russian-controlled pipeline suddenly stopped Wednesday as tensions continue to increase between Russia and the West. The Yamal-Europe pipeline’s liquified natural gas (LNG) flows, which…
Europe is set to rely more heavily on coal production in 2022 as liquified natural gas demand decreases due to heightened tensions with Russia, according to an International Energy Agency (IEA) report…
The North Atlantic Treaty Organization (NATO) said Monday that it was deploying fighter jets and aircraft carriers to Eastern Europe as Russia prepares to launch a military invasion into Ukraine. “NATO Allies…
Ukraine and pro-Russia separatists in the country’s east have begun swapping prisoners. It is the second major release since Kyiv and Moscow agreed to exchange detainees in September. The agreement follows talks…
A deal has been reached at the United Nations Climate Summit (COP25) in Spain after a two-day deadlock. The talks were aimed at deciding how the 2015 Paris accord should be implemented.…