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Exclusive-Norway eyes high gas output until 2030, says energy minister

Exclusive-Norway eyes high gas output until 2030, says energy minister

By Nora Buli and Nerijus Adomaitis OSLO (Reuters) – Norway plans to maintain its current high gas production level until the end..

World at rising risk of recession as inflation hits consumers

World at rising risk of recession as inflation hits consumers

By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tue..

Dollar slides on contraction in private sector activity

Dollar slides on contraction in private sector activity

By Dhara Ranasinghe LONDON (Reuters) – The dollar pulled back from a fresh two-decade high against the euro on Tuesday after a r..

Euro zone business activity contracted again in Aug, outlook bleak

Euro zone business activity contracted again in Aug, outlook bleak

By Jonathan Cable LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cos..

German bond yields at new highs after stronger-than-expected PMIs

German bond yields at new highs after stronger-than-expected PMIs

By Yoruk Bahceli (Reuters) – German bond yields rose on Tuesday to new multi-week highs after data showed euro zone business act..

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

Apple plans to cut iPhone 14 production lag between China, India – Bloomberg

(Reuters) – Apple Inc plans to start making the iPhone 14 in India about two months after its release out of China, in a move th..

Poland prepares new support measures to tame soaring energy costs

Poland prepares new support measures to tame soaring energy costs

WARSAW (Reuters) – The Polish cabinet on Tuesday approved a new package of financial support measures designed to shield consume..

Volkswagen teams up with Canada in battery materials push

Volkswagen teams up with Canada in battery materials push

FRANKFURT (Reuters) – Volkswagen, Europe’s top carmaker, on Tuesday intensified efforts to secure access to key battery ma..

Europe facing its worst drought in 500 years – study

Europe facing its worst drought in 500 years – study

By Philip Blenkinsop BRUSSELS (Reuters) – Europe is facing its worst drought in at least 500 years, with two-thirds of the conti..

Exclusive – AstraZeneca on hunt for deals, but may not stay in vaccines

Exclusive – AstraZeneca on hunt for deals, but may not stay in vaccines

LONDON (Reuters) – AstraZeneca may not stay in the vaccine business in the long run and is looking to buy small and mid-sized co..

Exclusive-Allianz in talks with banks for China asset management venture -sources

Exclusive-Allianz in talks with banks for China asset management venture -sources

By Samuel Shen and Selena Li HONG KONG (Reuters) – Allianz SE is in talks with Chinese banks to set up a majority-owned asset ma..

EDF’s minority shareholders scramble to challenge nationalisation price

EDF’s minority shareholders scramble to challenge nationalisation price

By Julien Ponthus PARIS (Reuters) – Minority shareholders in EDF are accelerating their efforts to challenge the price set for t..

Oil jumps almost 3% as tight supply moves back into focus

Oil jumps almost 3% as tight supply moves back into focus

By Alex Lawler LONDON (Reuters) -Oil rose almost 3% on Tuesday as tight supply moved back into focus as a result of Saudi Arabia float..

Hungary pledges legal changes to secure EU recovery funding – govt

Hungary pledges legal changes to secure EU recovery funding – govt

By Krisztina Than and Gabriela Baczynska BUDAPEST (Reuters) – Hungary will amend by the end of October several laws criticised b..

ECB must be prudent with rates hikes as recession risk rises: Panetta

ECB must be prudent with rates hikes as recession risk rises: Panetta

MILAN (Reuters) -The European Central Bank must exercise caution with further rate hikes as a looming recession could ease inflationar..

Polish President Duda in Kyiv to discuss more aid for Ukraine

Polish President Duda in Kyiv to discuss more aid for Ukraine

WARSAW (Reuters) -Polish President Andrzej Duda offered more support for Ukraine and called for an end to the Russian occupation of Cr..

Germany’s Uniper, E.ON to import green ammonia from Canada

Germany’s Uniper, E.ON to import green ammonia from Canada

FRANKFURT (Reuters) -German energy firms Uniper and E.ON plan to work on deals with Canada’s EverWind to buy a total of 1 millio..

UK to manage water resources carefully as drought continues

UK to manage water resources carefully as drought continues

LONDON (Reuters) -Britain will need to continue to manage water resources carefully over the coming months following the driest summer..

Ryanair nudges up passenger target as adds more UK flights

Ryanair nudges up passenger target as adds more UK flights

DUBLIN (Reuters) -Ryanair on Tuesday nudged up its full-year forecast for passenger numbers after adding more flights to its UK winter..

Euro zone slide towards recession pins euro to 20-year low

Euro zone slide towards recession pins euro to 20-year low

By Huw Jones LONDON (Reuters) – Contraction in the euro zone economy for a second straight month pinned the single currency to a..

Britain’s cost of living crisis sends sterling to lowest since mid-July

Britain’s cost of living crisis sends sterling to lowest since mid-July

By Joice Alves LONDON (Reuters) – Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy cost..

Europe braces for more cuts in Russian oil and gas exports

Europe braces for more cuts in Russian oil and gas exports

MOSCOW (Reuters) -Europe faces fresh disruption to energy supplies due to damage to a pipeline system bringing oil from Kazakhstan thr..

UK inflation to top 18% in early 2023, Citi warns

UK inflation to top 18% in early 2023, Citi warns

By William Schomberg and David Milliken LONDON (Reuters) -British consumer price inflation is set to peak at 18.6% in January, more th..

European stocks hits lowest in nearly a month on looming energy crisis

European stocks hits lowest in nearly a month on looming energy crisis

By Anisha Sircar and Shreyashi Sanyal (Reuters) -European shares fell to their lowest level in nearly one month on Monday as worries a..

EU monitor slashes summer crop yield outlook after dry weather

EU monitor slashes summer crop yield outlook after dry weather

PARIS (Reuters) -The European Union’s crop monitoring service MARS on Monday lowered its yield forecasts again for summer crops ..

Britain to pilot using smaller doses of monkeypox vaccine to boost supply

Britain to pilot using smaller doses of monkeypox vaccine to boost supply

By Natalie Grover LONDON (Reuters) -Britain is following the United States and Europe in making the most of limited supply of the monk..

Italy aims to pick preferred bidder for ITA Airways this month

Italy aims to pick preferred bidder for ITA Airways this month

By Francesco Zecchini and Giuseppe Fonte MILAN (Reuters) – Italy’s outgoing government is pressing ahead with plans to sel..

Shares slip, dollar dominates as recession fears rise

Shares slip, dollar dominates as recession fears rise

By Herbert Lash and Lawrence White NEW YORK/LONDON (Reuters) – U.S. and European shares slumped and the dollar surged on Monday ..

AMC falls after Cineworld’s bankruptcy warning on day ‘APE’ starts trading

AMC falls after Cineworld’s bankruptcy warning on day ‘APE’ starts trading

By Anisha Sircar and Medha Singh (Reuters) -AMC Entertainment Holdings’ shares tumbled nearly 30% on Monday after UK-based Cinew..

Dollar higher on risk aversion; euro revisits parity

Dollar higher on risk aversion; euro revisits parity

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar rose across the board on Monday, briefly driving the euro back below parity, ..

Prince William and Kate’s children to start new school near Windsor

Prince William and Kate’s children to start new school near Windsor

LONDON (Reuters) – The three young children of Britain’s Prince William and his wife Kate are to start at a new school nex..

Oil falls 4% on concerns economic slowdown may dent fuel demand

Oil falls 4% on concerns economic slowdown may dent fuel demand

By Noah Browning LONDON (Reuters) -Oil prices fell on Monday in volatile trading, ending three days of gains, on fears aggressive U.S...

Rouble eases from near 4-week high vs dollar, firms vs euro

Rouble eases from near 4-week high vs dollar, firms vs euro

MOSCOW (Reuters) -The Russian rouble pulled back from last week’s near four-week high against the dollar on Monday but held near..

Plan to improve German rail transport may worsen congestion, industry warns

Plan to improve German rail transport may worsen congestion, industry warns

BERLIN (Reuters) – Germany is set to make rail transport for power plants and refineries a priority this week to ensure supply, ..

Analysis: As drought risks rise, investors eye thirsty companies, solutions

Analysis: As drought risks rise, investors eye thirsty companies, solutions

By Cole Horton, Ross Kerber and Simon Jessop NEW YORK/LONDON (Reuters) – As droughts worsen across the world, investors are turn..

TotalEnergies, Eni announce major Cyprus gas find

TotalEnergies, Eni announce major Cyprus gas find

By Juliette Portala and Tassilo Hummel PARIS (Reuters) – TotalEnergies of France and Italy’s Eni on Monday announced a sig..

Broker Marsh launches world first insurance for hydrogen projects

Broker Marsh launches world first insurance for hydrogen projects

By Niket Nishant and Simon Jessop LONDON (Reuters) – Broker Marsh, a unit of Marsh & McLennan, said on Monday it was launchi..