Economy & Business

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EU turns to China for surplus LNG – FT

EU turns to China for surplus LNG – FT

The EU is stocking up on energy reserves with surplus LNG that China has been reselling...

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UK credit card borrowing soars – Guardian

UK credit card borrowing soars – Guardian

Credit card borrowing in the UK has accelerated at the fastest yearly rate since...

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Iran allows crypto payments for imports

Iran allows crypto payments for imports

Iranian businesses have the green light to use cryptocurrency for imports, which...

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Ryanair will ‘grow stronger in a recession’, says CEO

Ryanair will ‘grow stronger in a recession’, says CEO

Ryanair CEO Michael O’Leary told reporters that his rivals will suffer more in a...

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Russia cuts off gas supply to French energy giant

Russia cuts off gas supply to French energy giant

Gazprom has announced it will halt supplies to Engie following the French company’s...

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UK inflation may top 22% next year – Goldman Sachs

UK inflation may top 22% next year – Goldman Sachs

Inflation in the UK could surge to historic highs next year if gas prices continue...

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Gazprom confirms Nord Stream shutdown

Gazprom confirms Nord Stream shutdown

Russian gas supply to the EU via the Nord Stream 1 pipeline will be halted from...

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US needs a ‘miracle’ to avoid recession – Stephen Roach

US needs a ‘miracle’ to avoid recession – Stephen Roach

The US economy is battered and needs a miracle to avert recession, according to...

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EU country hit by worst inflation since 1970s

EU country hit by worst inflation since 1970s

Consumer prices in Belgium have spiked the most since the 1970s, data from the country’s...

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France accuses Russia of using gas as ‘weapon of war’

France accuses Russia of using gas as ‘weapon of war’

French energy minister has accused Russia of using gas exports as a weapon and warned...

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US firms seek to bypass anti-Russia sanctions – media

US firms seek to bypass anti-Russia sanctions – media

US businesses want to import Russian goods via Turkey, to circumvent Western sanctions,...

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EU facing decade of winter crises – Belgium

EU facing decade of winter crises – Belgium

Belgian Energy Minister Tinne Van der Straeten warned that the EU could face a decade...

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Russia to cut gas supplies to France – Le Figaro

Russia to cut gas supplies to France – Le Figaro

Russia’s Gazprom has notified French utility Engie that it will reduce gas supplies...

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Germany will not help gas ‘freeloaders’ – Habeck

Germany will not help gas ‘freeloaders’ – Habeck

Berlin will not provide support to gas firms that make record profits amid the energy...

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Russia rakes in more oil revenue than ever – WSJ

Russia rakes in more oil revenue than ever – WSJ

Oil buyers in Asia and the Middle East are helping Russia shrug off the partial...

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Brits told to brace for recession

Brits told to brace for recession

Goldman Sachs has slashed UK growth forecasts and expects a recession to begin later...