European Union

Oil rises as Saudi comments outweigh recession concerns

Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further…

3 years ago

Europe rushes to fill up on Russian diesel before ban begins

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February,…

3 years ago

Shares dip, dollar strengthens as markets eye U.S. inflation data

Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve's…

3 years ago

OPEC+ oil supply cuts could tip world into recession, IEA says

A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…

3 years ago

Analysis: Russian gas supply gap casts chill in Europe as winter nears

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as…

3 years ago

Exclusive: Indian car makers propose tax cut on imports in trade deal with Britain

Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal…

3 years ago

Stocks fall on rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve…

3 years ago

EU gas price rockets higher after Russia halts Nord Stream flows

European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply…

3 years ago

Gas price surge, recession fears weigh on European shares

European shares slipped on Tuesday as investors fretted about soaring energy prices and a weak economic outlook after data showed…

3 years ago

Funds begin parking sanction-hit Russian assets in ‘side pockets’

Some of the world's biggest money managers are talking to investors and regulators about stripping Russian assets from their funds,…

3 years ago