Europe is burning money to help businesses worsen the energy crisis

Register now for FREE unlimited access to Reuters.com Sign in Gas prices in Europe have skyrocketed in the midst of the Ukrainian crisis Utilities face a liquidity crisis Germany “will do all it can” to help businesses Russian mobilization raises the price of oil BERLIN / LONDON / HELSINKI, Sept. 21 (Reuters) – Germany nationalized … Read more

Europe is racing to prepare for this winter’s energy crisis

Spain may close energy-intensive industries at peak times France prepares to send gas to Germany in October Germany will sign LNG contracts in the UAE Berlin is still working on rescuing Uniper BERLIN / PARIS, 19 Sept. (Reuters) – European governments on Monday outlined new measures to address potential energy shortages this winter and competed … Read more

The Italian right-wing bloc ready for electoral victory: five questions for the markets

Register now for FREE unlimited access to Reuters.com Sign in MILAN, 19 Sept. (Reuters) – Italy’s right-wing bloc looks set to win a majority in both houses of parliament in next Sunday’s elections, at a time when soaring energy prices and rising interest rates create challenges increasing for the heavily indebted state. Giorgia Meloni, leader … Read more

US equities slide as yields rise, the Fed in the center

Register now for FREE unlimited access to Reuters.com Sign in The Fed looms large markets, the dollar goes up Oil collapses on demand concerns, US rail strike averted Treasury yields rise as oil gold plummets NEW YORK, Sept. 15 (Reuters) – Wall Street indices were firmly in the red after an unstable start to Thursday’s … Read more

The eyes of the EU are forcing fossil fuel companies to help consumers survive the energy crisis

Register now for FREE unlimited access to Reuters.com Sign in BRUSSELS, Sep 12 (Reuters) – Fossil fuel companies may have to share their excess profits to help European households and industries cope with scorching energy bills, a European Union draft plan showed on Monday how the cost of “war.” energy “of the West with Russia … Read more

Analysis: Market chaos awaits Britain’s new leader

Conservative leadership candidate Rishi Sunak sways as he stands next to co-candidate Liz Truss during a hustings event, part of the Conservative Party leadership campaign, in London, Britain on August 31, 2022. REUTERS / Hannah McKay Register now for FREE unlimited access to Reuters.com Sign in Truss will become prime minister on Monday, polls suggest … Read more

Stocks and bonds stabilize amid bad news pauses

European equities, US futures up 0.7% Bonds stable ahead of German inflation data Markets prepare for further aggressive action by the Fed and the ECB Oil collapsed 4% due to fears of an economic slowdown LONDON, Aug 30 (Reuters) – Shares tiptoed up on Tuesday and Eurozone bond yields fell as investors took a pause … Read more

Analysis: Rising energy prices create a perfect storm for UK bonds

City workers walk past the Bank of England in the City of London, Great Britain, March 29, 2016. REUTERS / Toby Melville / File Photo Register now for FREE unlimited access to Reuters.com Sign in British gilts on track for the biggest decline since the 1994 “massacre” Double-digit inflation is set to rise higher The … Read more

Analysis: The pain of breaking inflation will reverberate around the world

JACKSON HOLE, Wyo., Aug 29 (Reuters) – The message from the world’s top financial leaders is loud and clear: Rampant inflation is here to stay and tame it will require extraordinary effort, most likely a recession with job losses and shockwaves through emerging markets. Still, it’s worth paying that price. Central banks have spent decades … Read more

EXCLUSIVE Chinese defense firm took over Venezuelan oil lift for debt compensation – sources

SINGAPORE / HOUSTON, Aug 26 (Reuters) – China has entrusted the shipment of millions of barrels of Venezuelan oil to a defense-focused state company despite US sanctions, part of a deal to offset Caracas’ billions of dollars in debt. to Beijing, according to three sources and tanker location data. China National Petroleum Corp (CNPC) stopped … Read more