Europe may shift back to coal as Russia turns down gas flows
Europe’s biggest Russian gas buyers were racing to find alternative fuel supplies and even looking at burning more coal to cope with reduced gas flows from Russia on Monday ...
Articles
WRAPUP-Port of Odesa comes under missile attack as Russians advance in eastern Ukraine
Russian forces captured territory along a frontline river in eastern Ukraine on Monday and President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead of a summit of European leaders expected ...
Crypto industry gripped by anxiety as bitcoin wobbles near key $20,000 level
The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained.
Bitcoin which has ...
EU’s top diplomat calls Russia’s blockade of Ukrainian grain a war crime
Russia is committing a war crime by blocking the export of millions of tonnes of Ukrainian grain, the European Union’s foreign policy chief said on Monday as EU foreign ...
China May oil imports from Russia soar to a record, surpass top supplier Saudi
China’s crude oil imports from Russia soared 55 per cent from a year earlier to a record level in May, displacing Saudi Arabia as the top supplier, as refiners cashed ...
Belgium hit by protests over cost of living spike, outbound flights cancelled
A day of strikes in Belgium over the cost of living forced Brussels Airport to cancel all departing flights on Monday and halted many bus services across the country.
Unions ...
Russian-backed separatists report control of village south of key Ukraine battle
Russian-backed separatist forces in Ukraine said on Monday they had taken a village beside the main southern road towards the eastern Ukrainian city of Sievierodonetsk, over which Russian and Ukrainian ...
Italian foreign minister accuses own party of ‘immaturity’ over Ukraine
Italian Foreign Minister Luigi Di Maio on Sunday accused his own 5-Star Movement party of undermining government efforts to support Ukraine and weakening Rome’s standing within the European Union.
...
Chelsea chairman Buck to step down after 19 years
Chelsea chairman Bruce Buck will step down at the end of June after 19 years in the role, the Premier League club said on Monday.
American lawyer Buck, who was appointed ...
Oil prices inch lower as global economic worries outweigh tightening supply
Oil prices edged lower on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand outweighed worries about tightening supplies.
Brent crude futures slipped 3 cents to $113.09 ...
In Tarantula Nebula, a stunning view of stars being born
Astronomers have peered into a teeming stellar nursery in the Tarantula Nebula – a colossal cloud of gas and dust next door to our galaxy – gaining new understanding of the dynamics ...
Easyjet cuts more flights to try to manage disruption
Low-cost airline easyJet EZJ.L said on Monday it was cutting more flights in the busy summer period to help manage problems including shortages of ground staff and flight caps ...
Dominant Berrettini wins second straight Queen’s title
Italian Matteo Berrettini retained his title at the Queen’s Club Championships with a 7-5 6-4 defeat of Serbia’s Filip Krajinovic on Sunday, as the world number 10 gave himself ...
Fitzpatrick’s magical moment seals US Open win
England’s Matt Fitzpatrick delivered a shot for the ages when he needed it most on Sunday, finding the green from a fairway bunker at the last hole to win ...
Colombia’s first leftist president targets inequality, leaves investors on edge
The election of Colombia’s first leftist president, Gustavo Petro, is indicative of widespread yearning for a more equal and inclusive society, analysts and business leaders said, but the former ...
British minister condemns rail strikes as ‘huge mistake’
Travellers are braced for major disruptions this week in their commuting as the biggest rail strikes in almost 30 years is due to start on Monday night.
British transport secretary Grant ...
ECB won’t solve profound debt issues: Rehn
The European Central Bank should limit the rise in borrowing costs of more indebted euro zone members but will not solve their debt issues or let budget concerns dictate monetary ...
France’s Macron hunts for way to salvage a ruling majority
President Emmanuel Macron on Monday was faced with trying to salvage a ruling majority and with it his economic reform agenda after voters punished his centrist ‘Ensemble’ alliance in France’...
Middle East-focused crypto firm BitOasis cuts jobs amid sector turmoil
BitOasis, a Middle East-focused cryptocurrency exchange based in the United Arab Emirates, said on Sunday it laid off nine of its staff, the latest company in the sector to cut ...
French election: Macron loses absolute majority in parliament in ‘democratic shock’
French President Emmanuel Macron lost control of the National Assembly in legislative elections on Sunday, a major setback that could throw the country into political paralysis unless he is able ...
Nigeria blocking repatriation of $450 million in foreign airline revenue, IATA says
Nigeria is withholding $450 million in revenue international carriers operating in the country have earned, an executive at the world’s largest airlines association said on Sunday.
Africa’s largest economy ...
Bitcoin slides below $20,000 to lowest level in 18 months
Bitcoin tumbled more than 13 per cent at one point on Saturday, crashing below the closely watched $20,000 level to its weakest level in 18 months, as it extended a slide on investor ...
Verstappen wins in Canada on 150th race start
Red Bull’s Max Verstappen celebrated his 150th Formula One race on Sunday with a victory in the Canadian Grand Prix that extended his world championship lead.
The 24-year-old Dutch ...
Macron loses absolute majority in parliament, initial projections show
President Emmanuel Macron is on course to lose his absolute majority in the National Assembly and control of his reform agenda after the first projections by four pollsters showed Sunday’...