By Ron Bousso HOUSTON -Russia’s invasion of Ukraine is a “big wake up call” for European governments hoping to balance the need for fossil fuels with environmental concerns, the head …
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By Alexander Cornwell RIYADH – Russia’s invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, …
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LONDON – Despite the cascade of Western sanctions on Russia in response to its invasion of Ukraine, one thing hasn’t been affected so far – flows of Russian gas to …
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LONDON – Russia’s escalating war in Ukraine has sent commodity and energy prices soaring, boosted safe havens and hammered Europe’s common currency and its stock markets. Below are six charts …
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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. …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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Germany’s Lindner says Europe will be able to shield its economies against inflation rising over Ukraine war
by ReutersPARIS – 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 …
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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 …
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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 …
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– 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 …
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– 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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …
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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) …