China reaps energy windfall as West shuns Russian supplies
By Muyu Xu and Emily Chow SINGAPORE (Reuters) – China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European…
By Muyu Xu and Emily Chow SINGAPORE (Reuters) – China is buying more and less expensive energy supplies from Russia this year, reaping the benefits of a plunge in European…
PRAGUE (Reuters) – The Czech government will decide in three weeks whether to impose a windfall tax on large energy companies and banks and may include one more sector if…
By Jesús Aguado and Emma Pinedo MADRID – BBVA and Caixabank on Friday said they were looking at the potential impact of a proposed tax on banks in Spain and…
By Christina Thykjaer and Jesús Aguado MADRID – Spain’s leftist ruling coalition introduced a draft bill on Thursday to create a temporary tax on banks and power utilities, aiming to…
By Ron Bousso and Shadia Nasralla LONDON – The North Sea’s biggest oil and gas producer, Harbour Energy, has told the British government that Britain’s planned windfall tax on the…
by Ed Durr, NJ Senate TRENTON, NJ – During a session of the New Jersey Senate today, Democrats violated the rules of the Senate to improperly block a vote on…
BUDAPEST – Hungary will collect a total of 800 billion forints ($2.19 billion) annually this year and next from new windfall taxes imposed on banks, energy firms, insurers and airlines…
By Krisztina Than and Gergely Szakacs BUDAPEST – Hungary’s blue-chip stocks slumped on Thursday, with oil and gas group MOL and OTP leading losses after Budapest said it would impose…
By Foo Yun Chee and Kate Abnett BRUSSELS – The European Commission will propose that member countries tax the profits energy companies made from recent gas price spikes and invest…
By Andy Sullivan – Erie, Pennsylvania could use a facelift. The lakefront city of 100,000 has been adding jobs and businesses downtown, but it remains saddled with vestiges of its…