Economy & Business
OECD predicts how 'energy shock' will affect Eurozone
The worst energy crisis in half a century will trigger a sharp slowdown worldwide,...
EU fails to agree on gas price cap – Hungary
Hungarian Foreign Minister Peter Szijjarto says EU energy ministers have failed...
French economy at risk due to rising gas prices – energy...
Soaring energy prices threaten to disrupt the French economy, the country’s energy...
Russia warns it will withdraw oil supplies to ‘price cap’...
Russia has warned it will stop exporting oil to countries that support a G7 price...
EU talks on Russian oil cap stalled
EU nations have been at odds over the proposed Russian oil cap, bringing talks on...
Eurozone to be hit hardest by global slowdown – report
The worst energy crisis in half a century will trigger a sharp slowdown worldwide,...
Iconic Soviet car brand makes a comeback
Production of an updated version of the Soviet-era Moskvich car brand has begun...
German gas giant seeks $53 billion bailout – Reuters
The cost of nationalizing Germany’s largest gas importer Uniper has nearly doubled,...
EU prepares for subsidy race with US – Politico
Brussels is readying financial incentives for European industry to keep pace with...
EU talks on Russian oil cap ‘stalled’ – Bloomberg
EU nations have been at odds over the proposed Russian oil cap, bringing talks on...
EU claims to have fully replaced Russian gas
The European Union claims to have completely replaced Russian gas imports with purchases...
China secretly hoarding gold – media
Beijing is boosting its bullion reserves to reduce dependence on the US dollar amid...
Ukraine halts Russian oil transit to EU – Transneft
Russian oil supplies to the EU via the Druzhba pipeline have been stopped by Ukraine,...
EU claims to have fully substituted Russian gas
The European Union claims to have completely replaced Russian gas imports with purchases...
Proposed Russian oil price cap revealed
The G7 price cap on Russian sea-borne oil may be set in the range of $65-70 per...
UK debt soars due to energy support measures
UK state debt hit £13.5 billion in October due to costly energy support for households...