LONDON — The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest level in 14 years, but despite facing...
Ninety minutes after Queen Elizabeth II died, orders for thousands of British flags started to flood into a factory south of Shanghai. More than 100 employees...
The US dollar soared to 20-year highs early on Wednesday amid growing investor concerns after Russian President Vladimir Putin accused the West of “nuclear blackmail” and...
Household food bills across the EU have been rising dramatically in recent months, as galloping inflation keeps fueling the prices for important staple foods, with bread...
The bloc will either have to continue importing gas from Russia or reduce consumption, consultancy Yakov & Partners say Reducing dependence on Russian natural gas supply...
Berlin has enough of the fuel to meet demand for less than three months, says Robert Habeck Germany may face natural gas shortages despite its storage...
Investors are reportedly bullish on nuclear power amid the worsening energy crisis in Europe Uranium prices have surged to their highest level in a decade, reflecting...
The price of nickel on Tuesday soared to a historic high on fears that Russian supplies may run dry amid Ukraine-related sanctions. The price of nickel...
The European Commission on Sunday proposed withholding $7.5 billion in funds allocated to Hungary, due to corruption concerns. The suspension is aimed at protecting the bloc’s...
The vast majority of Italians are planning to reduce spending in the coming months in order to be able to pay soaring energy bills, an Ipsos...
An industry advocacy group predicts a 60% increase in electricity costs next year Electricity prices in Germany are expected to jump to record highs next year,...
India will soon launch trade in rupees with Russia, the head of the Federation of Indian Export Organizations (FIEO) said this week. This comes after the...
The US is not able to ease the EU’s energy crunch by increasing its shipments of oil and gas, the Financial Times reported on Wednesday, citing...
Russia’s biggest bank has recorded a 17-fold decrease in foreign-currency savings on the balance sheet of large businesses, according to Anatoly Popov, deputy chairman of Sber’s...
This follows Wall Street’s plunge over a worse-than-expected US Consumer Price Index report for August Major stock markets across Europe and Asia nosedived on Wednesday, a...
Falling demand in the bloc will be offset by other importers, according to Dmitry Peskov Falling demand for Russian natural gas in the EU will be...
The German economy is headed for a sharp decline next year, researchers from the Kiel Institute for the World Economy warned on Thursday. “The German economy...
Annual inflation in Germany accelerated to 8.8% in August, the highest level in nearly 50 years, finalized data from the Federal Statistical Office (Destatis) showed on...
The Shanghai Cooperation Organization will grow at the upcoming summit, the Uzbek president has revealed The Shanghai Cooperation Organization (SCO) is set to expand at its...
Brussels is reportedly considering a windfall tax on the ‘surplus’ profits of energy companies The European Commission is retreating from the imposition of a price cap...
