Italian Election May Preview Europe’s Rightward Shift Micaela Burrow on September 11, 2022 Giorgia Meloni, head of the right-leaning Brothers of Italy party and favorite to win the upcoming Italian …
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By Kate Abnett and Bozorgmehr Sharafedin BRUSSELS (Reuters) -The European Union is on track to beat targets for filling gas storage, but analysts warn the bigger factor for energy security …
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(Reuters) – Strikes and staff shortages have forced airlines to cancel thousands of flights to avoid hours-long queues at major airports, dashing hopes for a sizzling first summer following widespread …
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RIYADH (Reuters) -European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with the government this year to develop the kingdom’s aviation …
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By Tom Sims, Jesús Aguado and Lawrence White FRANKFURT/MADRID/LONDON – European banks are hoping the boost to their businesses from higher interest rates will be long-lasting as they navigate the …
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By Tom Sims and Sinead Cruise FRANKFURT/LONDON – European banks this week offered flashes of surprisingly good news on profits, but some executives spoke of a bleak outlook for the …
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(Reuters) – A pact clinched by European Union countries on Tuesday to voluntarily curb demand for gas as they brace for further cuts in Russian supplies has once again raised …
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Putin Can Afford To Shut Off Europe’s Gas Thanks To Record Energy Profits Jack McEvoy on July 19, 2022 Russia profited massively off its oil and gas sales throughout the …
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Europe’s Energy Crisis Is So Bad That France Will Nationalize Its Largest Power Company. Here’s The Price Tag Josh Hypes on July 13, 2022 France announced it would nationalize its …
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FOSSIL-FUELED FREEDOM: US Overtakes Russia As Europe’s Biggest Gas Supplier Max Keating on July 1, 2022 The United States sent more liquefied natural gas to Europe than the region got …
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MILAN – Mediterranean countries on major migrant routes into Europe expect over 150,000 arrivals this year as food shortages caused by the Ukraine conflict threaten a new migration wave from …
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By Kate Abnett BRUSSELS – The European Union’s plan for countries to buy gas jointly could maximise supplies and ensure better contract terms in the coming years, but is unlikely …
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By Joanna Plucinska and Andrius Sytas WARSAW/VILNIUS – Russian diplomat Sergiy Andreev was feeling unwelcome on the streets of Warsaw even before protesters doused him with red liquid thrown in …
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By Ron Bousso and Ahmad Ghaddar LONDON – European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge …
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By Zuzanna Szymanska BERLIN – Ukrainian refugees fleeing war have been hospitably received around Europe, but the longer they stay the more their presence may exacerbate housing price pressures in …
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By Marcy de Luna HOUSTON – Two U.S. liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives …
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By Nina Chestney (Reuters) – European gas prices have risen further amid concerns about supply as Russia and the West remain at odds over Moscow’s demand for gas payments to …
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‘Reducing Europe’s Dependency’: Biden Strikes Deal To Boost Gas Exports To Europe Thomas Catenacci on March 25, 2022 President Joe Biden and his European counterparts struck a deal Friday to …
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By Christina Amann and Nick Carey BERLIN – Carmakers including Volkswagen and BMW are scrambling to find alternative sources of vital parts made in Ukraine from as far afield as …
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By Jason Hovet and Gergely Szakacs PRAGUE – Russia’s invasion of Ukraine is hitting hopes of renewed growth in central Europe’s car industry this year following the pandemic, stoking risks …
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By Nina Chestney – European gas prices have risen as sanctions on Russia have been tightened over its invasion of Ukraine and amid fears of supply disruptions. Earlier this week, …
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LONDON – The European benchmark price for a tonne of diesel now surged to a record $509.75 more than for diesel in six month’s time on Tuesday as fears of …
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By Brenna Hughes Neghaiwi and Tom Sims ZURICH/FRANKFURT – Women remain rare visitors to the highest echelons of European banks. The 25 biggest banks by assets have seen 22 changes …
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By Hassan Hankir and Hams Rabah SIDON, Lebanon/AMMAN – Syrian refugee Ahmad al-Hariri, who fled the war in his country for neighbouring Lebanon 10 years ago, spent the last decade …
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By Supantha Mukherjee and Elvira Pollina STOCKHOLM/MILAN – Talk of consolidation among European mobile carriers has grown louder with several executives voicing support as cut-throat price wars drive up debt …