Economy & Business

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US becomes EU’s second-largest gas supplier

US becomes EU’s second-largest gas supplier

The US has become the second-largest gas supplier to the EU after Norway amid the...

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Elon Musk to fire half of Twitter’s staff – Bloomberg

Elon Musk to fire half of Twitter’s staff – Bloomberg

Elon Musk plans to eliminate 3,700 Twitter jobs to cut costs, the media reports...

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Craters discovered at Nord Stream blast site

Craters discovered at Nord Stream blast site

A section of the Nord Stream 1 gas pipeline was completely destroyed in the explosion...

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EU gas prices soar

EU gas prices soar

Natural gas prices in Europe have started climbing again amid fears of colder weather...

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EU gas giant reports €40 billion loss

EU gas giant reports €40 billion loss

German gas importer Uniper’s losses for the first nine months of the year amounted...

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France to restart nuclear reactors – energy ministry

France to restart nuclear reactors – energy ministry

Six nuclear units are expected to restart soon following repairs, according to the...

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India to stay in Russian energy project

India to stay in Russian energy project

India’s ONGC will notify Moscow of its plans to retain its stake in Sakhlin-1, the...

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Iran may join Russian-led free trade zone

Iran may join Russian-led free trade zone

Iran could soon tie economic links with the Eurasian Economic Union as trade between...

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UK food inflation soaring

UK food inflation soaring

Food prices in the UK have soared 11.6% in October, according to the British Retail...

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Wheat prices drop as Russia returns to Ukraine grain deal

Wheat prices drop as Russia returns to Ukraine grain deal

Wheat prices dipped over 6% following the announcement of Russia’s return to the...

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UK tests blackout emergency plan – Guardian

UK tests blackout emergency plan – Guardian

The UK government has tested ‘war game’ emergency plans to deal with week-long power...

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Russia is India’s top oil supplier – Economic Times

Russia is India’s top oil supplier – Economic Times

India’s overall crude imports from Russia jumped 8% in October, the news outlet...

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Germany to cap power prices – Reuters

Germany to cap power prices – Reuters

Germany plans to cap electricity prices for households and industry, Reuters reports...

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UK households face ‘very, very hard’ winter – National Grid

UK households face ‘very, very hard’ winter – National...

Britons have been warned that their energy bills in the coming months could double...

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Russian gas supplies shifting away from the West

Russian gas supplies shifting away from the West

Russia’s Gazprom has announced lower supply of natural gas to non-CIS countries...

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ECB set for further rate hikes – Lagarde

ECB set for further rate hikes – Lagarde

The European Central Bank will continue raising interest rates to curb inflation,...