Russia widened its gas cuts to Europe on Tuesday with energy giant Gazprom (GAZP.MM) turning off supplies to top Dutch trader GasTerra escalating the economic battle between Moscow and Brussels. Continue Reading
Europe’s race to replace Russian gas supply has threatened Australia’s plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Continue Reading
The European Union’s decision to cut 90% of its oil imports from Russia will accelerate a move already underway – that is Moscow trying to sell as much crude as Continue Reading
The London Stock Exchange said on Tuesday it has canceled securities of Russian energy company Gazprom (GAZP.MM) from admission to trading at the company’s request. Gazprom said earlier this month Continue Reading
European leaders, who will convene in Brussels on Monday and Tuesday for an EU summit, will not decide on imposing a cap on gas prices but could mandate the Commission Continue Reading
Some of the British coal-fired power plants slated for closure this year might need to stay open to ensure electricity supply this winter, the government said on Monday. Countries across Continue Reading
Eurozone inflation rose faster than expected in the year to May, setting a new record for the single currency bloc of 8.1 percent and piling pressure on the European Central Continue Reading
Natalia Klyueva started her hunt for a new Moscow job in February — just before Russia’s invasion of Ukraine and the west’s wave of retaliatory sanctions. Three months later, the Continue Reading
The pound has lost ground against most key rivals this year © Charlie Bibby/FT A duo of Wall Street banks is warning on the “grim” outlook for the pound, predicting Continue Reading
As Russian and Ukrainian forces traded blistering artillery barrages and engaged in fierce fighting across towns and villages in eastern Ukraine, European Union leaders gathered on Tuesday for the second Continue Reading
