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Energy
‘Go Nuclear, Go Large’ to Boost UK’s Energy Security: Boris Johnson
Prime Minister Boris Johnson has stressed the need to “go nuclear” to boost the UK’s energy security as he promised £700 million ($810 million) of funding for the planned Sizewell ...
September 1, 2022
BY
Alexander Zhang
ExxonMobil Takes Legal Action After Putin Blocks Its Exit From Russia
ExxonMobil has taken preliminary steps to sue the Russian Federation after Russian President Vladimir Putin intervened to block ...
September 1, 2022
BY
Nicholas Dolinger
Oil Drops on Fears Over Weaker Demand, China’s COVID-19 Restrictions
TOKYO—Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global policymakers would ...
September 1, 2022
BY
Reuters
Stocks Slide, Dollar Spikes as September Starts With a Bump
LONDON—September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded ...
September 1, 2022
BY
Reuters
Unemployment Continues to Rise in Germany Amid Energy Shortages, High Inflation
Unemployment in Germany for August rose but just below earlier predictions, according to the Federal Labor Office on Aug. 31. ...
August 31, 2022
BY
Bryan Jung
California Grid Warns of ‘Flex Alerts,’ Suggests Residents Not to Charge Electric Cars
Californians were warned by the state's grid operator that they might be asked not to charge electric vehicles ...
August 31, 2022
BY
Jack Phillips
Earnings Decline–Likely More to Go Before We Are Done
Commentary Last year I wrote an article discussing that 2022 earnings estimates were too optimistic, given the impending reversal ...
August 31, 2022
BY
Lance Roberts
Fed Officials See US Interest Rates Rising Further
U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with the ...
August 31, 2022
BY
Reuters
Wall Street Opens Higher as Tech Stocks Rebound, Oil Drops
U.S. stock indexes opened higher on Wednesday as technology and growth stocks rebounded, while weaker-than-expected private payrolls data ...
August 31, 2022
BY
Reuters
The Chinese Economy and Global Oil Prices
News Analysis The global oil price outlook depends on the Chinese economy, the Iran nuclear deal, and the ...
August 31, 2022
BY
Antonio Graceffo
Gazprom Says the First Half Net Profit $41.8 Billion, Will Pay Dividends
MOSCOW—Russian gas giant Gazprom made a record 2.5 trillion rubles ($41.75 billion) in net profit in the first ...
August 31, 2022
BY
Reuters
High Inflation, Recession Risk Widen ECB Dilemma
FRANKFURT—Eurozone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of big ...
August 31, 2022
BY
Reuters
Oil Prices Fall 3 Percent on Recession Fears
LONDON—Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, ...
August 31, 2022
BY
Reuters
Russia Halts Gas Flows to Europe via Key Route, Germany Sees ‘No Cause for Alarm’
Russia halted gas supplies via a key European supply route on Aug. 31 citing maintenance issues, in a ...
August 31, 2022
BY
Tom Ozimek
Interest Rate and Recession Fears Knock Stocks and Oil
LONDON—Record-high inflation in the eurozone compounded recession fears stalking markets on Wednesday as central banks on both sides ...
August 31, 2022
BY
Reuters
Federal Court Partly Reverses 2018 Gulf of Mexico Lease Sales
A federal appeals court in Washington on Aug. 30 partly reversed a lower court's decision that had found ...
August 31, 2022
BY
Caden Pearson
A Small Community Continues Fight Against Wind Farm Project
The president of a Victorian community group says a recent court decision that refused his group leave to ...
August 31, 2022
BY
Henry Jom
Inflation in Germany Hits Record High as European Central Bank Plans Next Move
Inflation in Germany hit a record high of 8.8 percent in August due to soaring energy prices, adding ...
August 30, 2022
BY
Bryan Jung
Kremlin: Only Sanctions Prevent Nord Stream Gas Pipeline From Working
MOSCOW—Nothing stands in the way of Russian gas exports to Europe via the Nord Stream 1 pipeline apart ...
August 30, 2022
BY
Reuters
Energy Crisis Will Hit Pubs Harder Than Lockdowns, Say Industry Bosses
Pubs will have no other option but to close owing to "out of control" energy bills, with upwards ...
August 30, 2022
BY
Owen Evans
Goldman Warns UK Inflation Could Top 20 Percent as Recession Nears
LONDON/HONG KONG—Inflation in Britain could exceed 20 percent early next year if spiraling gas prices fail to come ...
August 30, 2022
BY
Reuters
Crude in US Emergency Reserve Falls to Lowest Since Dec.1984
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, ...
August 30, 2022
BY
Reuters
UK Chancellor Zahawi Visits US to Seek Joint Solution to Cost-of-Living Crisis
The UK’s Chancellor of the Exchequer Nadhim Zahawi is visiting the United States this week to seek joint ...
August 30, 2022
BY
Alexander Zhang
ECB Bets Boost Euro, Dollar Slips From 20 Year Peak
HONG KONG—The euro climbed past parity against a softening dollar on Tuesday, thanks to lower energy prices and ...
August 30, 2022
BY
Reuters
Oil Tumbles on Inflation Woes, Iraq Exports
LONDON—Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and ...
August 30, 2022
BY
Reuters
Shares Tiptoe Higher Amid Hiatus in Bad News
HONG KONG/LONDON—Shares crept up slightly and bonds held steady on Tuesday as investors awaited the next round of ...
August 30, 2022
BY
Reuters
Energy Rationing Could Last For Years, Warns Shell CEO
The CEO of oil and gas giant Shell has warned that gas shortages across Europe may last for several winters ...
August 30, 2022
BY
Katabella Roberts
TOP NEWS
Toxic Wastewater From East Palestine Train Derailment to Be Taken to Baltimore
NEW
By
Katabella Roberts
Twitter Source Code Leaked Online, Prompting Lawsuit to Identify Leaker
NEW
By
Tom Ozimek
Ultra-Orthodox Jews Have Lower Autism Rates–Is It Because They Circumcise Their Boys Differently?
1hr
By
Jennifer Margulis
EU Threatens More Sanctions If Russia Stations Tactical Nuclear Weapons in Belarus
1hr
By
Bryan Jung
Global Financial Risks Have Risen Amid Bank Turmoil, IMF Chief Warns
2hr
By
Katabella Roberts
First Citizens Buys Failed Lender Silicon Valley Bank
3hr
By
Tom Ozimek
Netanyahu Sacks Defence Minister as Military Reservists Threaten Refusal to Serve Over Judicial Reform Bill
7hr
By
Melanie Sun
New York Close to Passing Statewide Gas Stove Ban on New Homes
13hr
By
Bill Pan
Kidney Disease: A Silent Killer With 7 Early Symptoms to Consider
14hr
By
Teresa Zhang
Many Americans Likely in for Tax Refund Disappointment: Survey
14hr
By
Jack Phillips