In absence of EU gas price cap, some countries plan to propose their own
A group of European Union countries will take the unusual step of drafting their own legislative proposal for an EU gas price cap, Poland’s climate minister said on Friday, ...
Articles
Iran arrests Europeans accused of role in unrest
Iran, which has blamed “foreign enemies” for protests that swept the country after the death of a woman in police custody, has arrested nine European nationals for their role in ...
EU countries spar over gas price caps
European Union countries disagreed on Friday about whether and how to cap runaway gas prices, with Germany among those opposing the measure that 15 other states said was needed to tackle ...
FIA warns on F1 cost cap amid speculation of team breaches
Red Bull dismissed as speculation on Friday reports they spent more than allowed last year as Formula One’s governing FIA said it would deal with any breaches according to ...
Cholera outbreaks surging worldwide, fatality rates rising
Cholera cases have surged this year, especially in places of poverty and conflict, with outbreaks reported in 26 countries and fatality rates rising sharply, a World Health Organization official said on ...
Europe makes sharp U-turn from green energy – Qatar energy minister
QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Thursday that skyrocketing energy prices are “weighing painfully” on the global economy, dampening support for the transition to green ...
Oil poised for weekly gain on prospect of OPEC+ output cut, weaker dollar
Oil prices were little changed during Asian trade on Friday, though headed for their first weekly gain in five weeks, underpinned by a weaker US dollar and the possibility that ...
Kremlin warns, any attack on annexed territory will be an attack on Russia
The Kremlin said on Friday that attacks against any part of the swathe of Ukraine that President Vladimir Putin was about to annex would be considered aggression against Russia itself, ...
EU countries approve energy windfall levies, turn to gas price cap
European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits, and began talks on their next move to tackle Europe’s energy crunch – possibly a ...
Energy crisis sires new European order: a strong Italy and ailing Germany
In the weeks after Russia’s invasion of Ukraine on Feb. 24, Claudio Descalzi, CEO of Italian energy major Eni (ENI.MI), embarked on a whirlwind of trips to gas suppliers ...
UK watchdog dismisses criticisms over crypto authorisations
Crypto companies were undeterred by initial failure to obtain licences to operate in Britain and were submitting new applications, the Financial Conduct Authority said on Thursday.
The FCA has been ...
Russian spy chief: we have evidence West involved in ‘sabotage’ of Nord Stream pipelines
Russia’s top spy said on Friday that Moscow had materials that indicated the West had a role in ruptures to the undersea Nord Stream pipelines that have threatened to ...
Civilians killed in Ukraine convoy attack as Putin to proclaim rule over seized land
A missile attack on a convoy of cars in southern Ukraine killed a number of civilians on Friday, hours before President Vladimir Putin was due to proclaim Moscow’s rule ...
TurkStream gas pipeline says Netherlands withdraws licence, to continue gas exports
The Russian-owned operator of the TurkStream gas pipeline said on Thursday that the Netherlands had withdrawn its export licence, but it will continue gas transportation, adding that it had requested ...
At least 23 killed in Russian missile strike in Ukraine
At least 23 people were killed and 28 wounded in a Russian missile strike that hit a convoy of civilian vehicles on the outskirts of the southern Ukrainian city of Zaporizhzhia, the ...
Suicide attack at education institute in Afghan capital kills 19
A suicide attack at an education institute in the Afghan capital Kabul killed at least 19 people and wounded dozens, police said on Friday, but there was no immediate claim of ...
Women’s rights group calls on FIFA to kick Iran out of World Cup
Rights group Open Stadiums have called on FIFA to throw Iran out of the World Cup finals in Qatar in November because of the country’s treatment of women.
In ...
Australia calls end to Covid emergency response, doctors warn of risk to public
Australia will end the mandatory five-day home quarantine for COVID-infected people on Oct. 14, Prime Minister Anthony Albanese said on Friday, even as some doctors warned the move would put the ...
US has no appetite to intervene on behalf of falling pound, yen
The financial turmoil emanating from Britain and Japan is not yet enough to prompt the US Treasury to intervene to buoy the battered pound or yen, with officials expressing no ...
Death toll in Florida uncertain as Ian takes aim at Carolinas
Emergency crews tried on Thursday to reach stranded Florida residents as a resurgent Hurricane Ian veered toward the Carolinas after cutting a path of destruction across Florida, leaving behind deadly ...
Tech IPO market faces worst year since global financial crisis
Initial public offerings by US tech companies have sunk to their lowest levels since the global financial crisis of 2008, as stock market volatility, soaring inflation, and interest rate hikes have ...
Oil slips after hitting $90/bbl as OPEC+ considers output cut
Oil prices dropped after touching the $90 per barrel mark on Thursday as traders awaited clarity on potential OPEC+ cuts next week and as the dollar eased off 20-year highs.
Brent ...
Europe braces for mobile network blackouts
Once unthinkable, mobile phones could go dark around Europe this winter if power cuts or energy rationing knocks out parts of the mobile networks across the region.
Russia’s decision ...
IEA Birol: “very obvious” who was behind the Nord Stream sabotage
Fatih Birol, head of the International Energy Agency (IEA), said on Thursday it was “very obvious” who was behind the suspected sabotage against the Nord Stream pipelines which caused major ...