The British government’s options for assisting people facing skyrocketing energy bills include lending to energy suppliers, which could reduce bills by up to 500 pounds ($587) per year, according to the Daily Telegraph newspaper on Saturday. Britain’s energy regulator said… Read More ›
If governments do nothing to bring down the price of natural gas, EU countries will face five to ten harsh winters, warned Belgium’s energy minister. Gas price caps and decoupling from electricity prices are being advocated for across the EU…. Read More ›
According to new data, the number of chain stores closing in the United Kingdom has decreased significantly. Closures fell by one-third in the first half of 2022 compared to the same period last year, according to accounting firm PwC. Shop… Read More ›
Nato is assessing the impact of a data breach involving classified military documents that was sold online by a hacker group. The information includes blueprints for weapons used by Nato allies in the Ukraine conflict. After stealing data linked to… Read More ›
The Saudi Arabian signals that OPEC might reduce output helped oil prices end the day higher on Friday, but trading was choppy as investors processed and ultimately discounted the head of the U.S. Federal Reserve’s warnings about impending economic hardship…. Read More ›
In the week leading up to August 24, global equity funds saw the largest weekly capital outflow in five weeks due to worries that rate hikes would trigger a recession. Ahead of the annual Jackson Hole symposium of the Federal… Read More ›
Lawmakers in The United States are growing more worried about the potential effects of losing the high-stakes competition between the U.S. and China for leadership in artificial intelligence on national security, the economy, and American prosperity. However, there is also… Read More ›
According to a report in the Sankei newspaper on Wednesday, Honda Motor Co. Ltd. is thinking about creating a different supply chain to lessen its reliance on China. This would be a highly visible move by a significant Japanese manufacturer…. Read More ›
According to figures released by the Confederation of British Industry on Thursday, British retailers reported their strongest sales in August in nine months, defying predictions for a decline as the cost-of-living squeeze hits households. The CBI’s retail sales balance for… Read More ›
KLP, Norway’s largest pension provider, and the Climate Investment Fund will both make investments in Rajasthan, India’s 420-megawatt solar power project. For a 49 per cent stake in the Thar Surya 1 project, which is being built by the Italian company… Read More ›
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