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Less than 10% of German gas levy to go to firms that don’t need it, says Habeck

Less than 10% of German gas levy to go to firms that don’t need it, says Habeck

BERLIN (Reuters) – Only a small part of a gas levy on German consumers will be..

Rouble firms in early Moscow trade, Russian stocks hit 2-month high

Rouble firms in early Moscow trade, Russian stocks hit 2-month high

(This content was produced in Russia where the law restricts coverage of Russian mil..

Switzerland’s engineering sector urges country to start energy saving now

Switzerland’s engineering sector urges country to start energy saving now

ZURICH (Reuters) – Switzerland’s mechanical and electrical engineering s..

Banks lift European bourses as rate hike, recession fears grow

Banks lift European bourses as rate hike, recession fears grow

By Anisha Sircar (Reuters) -European shares rose on Tuesday following a two-day slum..

Dollar touches 20-year high, but kept in check by euro, as rates in focus

Dollar touches 20-year high, but kept in check by euro, as rates in focus

By John McCrank and Dhara Ranasinghe NEW YORK (Reuters) -The dollar touched a fresh ..

French PM tells firms to draft energy savings plans to avoid rationing

French PM tells firms to draft energy savings plans to avoid rationing

By Leigh Thomas PARIS (Reuters) -French Prime Minister Elisabeth Borne urged compani..

Czechs seek EU price cap on gas-for-power as energy bills soar

Czechs seek EU price cap on gas-for-power as energy bills soar

By Jan Lopatka and Jason Hovet PRAGUE (Reuters) -The Czech Republic will convene an ..

Russia says economy to contract by less than 3% in 2022

Russia says economy to contract by less than 3% in 2022

MOSCOW (Reuters) -Russia’s economy will shrink by less than 3% in 2022, a much..

EEX markets to remain open as power prices soar – statement

EEX markets to remain open as power prices soar – statement

FRANKFURT (Reuters) – The European Energy Exchange said on Monday the bourse w..

Stocks and bonds slump, dollar hot as rate fever takes hold

Stocks and bonds slump, dollar hot as rate fever takes hold

By Dhara Ranasinghe and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks ..

NASA postpones debut Artemis test flight of new moon rocket after engine snag

NASA postpones debut Artemis test flight of new moon rocket after engine snag

By Joey Roulette and Steve Gorman CAPE CANAVERAL, Fla. (Reuters) -An engine problem ..

Germany’s energy bill spirals as Uniper seeks more cash

Germany’s energy bill spirals as Uniper seeks more cash

By Christoph Steitz FRANKFURT (Reuters) – Uniper requested more financial help..

Factbox-The EU’s future according to Scholz: Job-sharing commissioners and majority votes

Factbox-The EU’s future according to Scholz: Job-sharing commissioners and majority votes

PRAGUE (Reuters) – German Chancellor Olaf Scholz outlined his vision for the f..

Traders ramp up bets on 75 basis-point ECB Sept hike, bond yields jump

Traders ramp up bets on 75 basis-point ECB Sept hike, bond yields jump

By Yoruk Bahceli (Reuters) -Euro zone money markets moved on Monday to price in a tw..

Belgium supports energy price caps, suspending trading in EU power crunch

Belgium supports energy price caps, suspending trading in EU power crunch

BRUSSELS (Reuters) – Belgium has backed introducing price caps for European Un..

Dutch wind farm blows away opposition as ‘new millers’ get a stake

Dutch wind farm blows away opposition as ‘new millers’ get a stake

By Esther Verkaik ZEEWOLDE, Netherlands (Reuters) – Authorities in the Dutch c..

Oil rises on prospect of OPEC+ supply cut

Oil rises on prospect of OPEC+ supply cut

By Alex Lawler LONDON (Reuters) -Oil rose more than 1% on Monday, extending last wee..

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report

Floods, other water-related disasters could cost global economy $5.6 trillion by 2050 -report

By Gloria Dickie LONDON (Reuters) – Worsening droughts, storms and torrential ..

ECB should raise rates at steady pace, chief economist says

ECB should raise rates at steady pace, chief economist says

FRANKFURT (Reuters) -The European Central Bank should raise interest rates at a R..

EU may agree tightening visas for Russians, discuss training of Ukraine troops

EU may agree tightening visas for Russians, discuss training of Ukraine troops

By Jan Lopatka and Sabine Siebold PRAGUE (Reuters) -European Union foreign ministers..

Russian rouble firms towards 60 vs dollar, stocks up

Russian rouble firms towards 60 vs dollar, stocks up

MOSCOW (Reuters) -The rouble firmed towards 60 against the dollar on Monday, support..

Ericsson, Nokia to wind down Russian operations by year end

Ericsson, Nokia to wind down Russian operations by year end

By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -Ericsson said..

Moscow Exchange hopes for first ‘replacement bond’ issues in September

Moscow Exchange hopes for first ‘replacement bond’ issues in September

By Alexander Marrow MOSCOW (Reuters) -Moscow Exchange, Russia’s largest bourse..

Pain of breaking inflation will reverberate around the globe

Pain of breaking inflation will reverberate around the globe

By Balazs Koranyi and Howard Schneider JACKSON HOLE, Wyo. (Reuters) -The message fro..

Hungary seeks increased gas supplies from Gazprom -foreign minister

Hungary seeks increased gas supplies from Gazprom -foreign minister

BUDAPEST (Reuters) – Hungary will continue talks with Russia on additional gas..

Oil trio’s Northern Lights in Yara CO2 emissions storage deal

Oil trio’s Northern Lights in Yara CO2 emissions storage deal

By Nerijus Adomaitis and Nora Buli STAVANGER, Norway (Reuters) -Norwegian carbon dio..

Analysis-Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

Analysis-Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis

By Bozorgmehr Sharafedin and Canan Sevgili LONDON (Reuters) – No more ironing,..

Investors eye lower Wall Street on Powell nerves

Investors eye lower Wall Street on Powell nerves

By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower ..

Prince Harry hopes Diana death anniversary will be ‘filled with memories’

Prince Harry hopes Diana death anniversary will be ‘filled with memories’

LONDON (Reuters) – Britain’s Prince Harry said he wished his children co..

Dollar dips ahead of Powell speech

Dollar dips ahead of Powell speech

By Iain Withers LONDON (Reuters) – The dollar dipped against other major curre..

Hungary cenbank seen hiking 100 bps to 11.75% next week as inflation surges

Hungary cenbank seen hiking 100 bps to 11.75% next week as inflation surges

By Krisztina Than BUDAPEST (Reuters) – Hungary’s central bank is expecte..

Funds from electricity levy could help German households, says renewables association

Funds from electricity levy could help German households, says renewables association

BERLIN – A multi-billion-euro account fed by a now-suspended surcharge on elec..

Global equity funds see large outflows on slowdown worries

Global equity funds see large outflows on slowdown worries

(Reuters) – Global equity funds witnessed their biggest weekly capital withdra..

Heavy Norwegian gas maintenance adds to energy price pressure

Heavy Norwegian gas maintenance adds to energy price pressure

By Nora Buli OSLO (Reuters) – Norway, which has overtaken Russia as the bigges..

European stocks slip on dour German sentiment survey ahead of Powell speech

European stocks slip on dour German sentiment survey ahead of Powell speech

By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted o..

Thousands of British postal workers walk out over pay

Thousands of British postal workers walk out over pay

LONDON (Reuters) – More than 115,000 workers at Britain’s Royal Mail beg..

Factbox-How far are UK energy bills set to rise and what help are consumers getting?

Factbox-How far are UK energy bills set to rise and what help are consumers getting?

LONDON (Reuters) – Britain’s energy regulator Ofgem said on Friday the c..