The ECB announced a second consecutive increase in interest rates to combat galloping inflation. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a 75 basis point hike in interest rates, taking its benchmark deposit rate to 0.75%. “This major step precipitates the transition from the current very accommodative level … Read more
LONDON — British Prime Minister Liz Truss announced a sweeping stimulus package on Thursday to help Britons cope with soaring energy bills and attract investment in the energy sector. Truss announced a “new energy price guarantee that will give people certainty on energy bills”. In his first major move into the leadership role, Truss announced … Read more
LONDON — British Prime Minister Liz Truss announced a sweeping stimulus package on Thursday to help Britons cope with soaring energy bills and attract investment in the energy sector. Truss announced a “new energy price guarantee that will give people certainty on energy bills”. In his first major move into the leadership role, Truss announced … Read more
Newly elected British Prime Minister Liz Truss is set to announce a multi-billion pound stimulus package to help those struggling with soaring energy prices. Carl Court/Staff/Getty Images LONDON — Britain’s new Prime Minister Liz Truss is set to announce a package worth tens of billions of pounds on Thursday to help people pay their energy … Read more
Newly elected British Prime Minister Liz Truss is set to announce a multi-billion pound stimulus package to help those struggling with soaring energy prices. Carl Court/Staff/Getty Images LONDON — Britain’s new Prime Minister Liz Truss is set to announce a package worth tens of billions of pounds on Thursday to help people pay their energy … Read more
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 7 (Reuters) – Oil prices slumped on Wednesday, falling below levels seen before Russia invaded Ukraine as downbeat Chinese trade data fueled investor worries about recession … Read more
Join now for FREE unlimited access to Reuters.com Register Truss will announce an energy support plan on Thursday The new Prime Minister rules out the exceptional tax on electricity companies Pound falls to lowest since 1985 against US dollar Kwarteng says borrowing will be higher BoE says support for energy could help calm inflation LONDON, … Read more
Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 6 (Reuters) – The U.S. Environmental Protection Agency (EPA) said on Tuesday it had rejected a request from major liquefied natural gas (LNG) exporter Cheniere Energy Inc. (GNL.A) to exempt the turbines at its two US Gulf Coast terminals from a dangerous pollution rule. … Read more
Russia’s decision to indefinitely suspend gas flows to Europe via Nord Stream 1 is seen as another escalation in its policy of inflicting economic hardship on Germany. Lisi Niesner | Reuters Europe has been plunged into its biggest energy crisis in decades, with Russia’s natural gas supplies becoming volatile and unpredictable even before the invasion … Read more
Manuela Schwesig, Premier of the State of Mecklenburg-Western Pomerania, and Markus Soeder, Premier of the State of Bavaria, visit a pipeline transfer station of the Baltic Sea Pipeline Link near Lubmin, Germany , August 30, 2022. REUTERS / Lisi Niesner Join now for FREE unlimited access to Reuters.com Register UK to freeze energy bills for … Read more
