crisis

Energy's share of household spending hits record highs in EuropeRising bills force households to cut energy useCrisis in Europe looks worse than in other developed economiesLONDON, Aug 26 (Reuters) - No more ironing, limited oven use and…

The energy industry’s favoured plan to shield Britain’s households from the soaring cost of energy will cost more than £100bn over two years, according to the boss of one of the UK’s largest power operators.Keith Anderson is the chief…

Companies at the centre of the global grain trade have enjoyed a record bonanza amid soaring food prices around the world, raising concerns of profiteering and speculation in global food markets that could put staples beyond the reach of…

Euro under pressure as Russia to halt gas suppliesYuan dips to nearly 2-year low as PBOC eases policy againLONDON, Aug 22 (Reuters) - The euro briefly fell back below parity against a robust dollar on Monday and was languishing at…

Boeing (BA) has already detailed about $21 billion in costs associated with the crisis, including nearly $9 billion in compensation for airlines that couldn't or still can't use those jets, and about $11 billion in increased production…

Refiners and integrated oil firms continue to struggle with low refining margins, as a part of global oil demand—jet fuel consumption—is still enormously depressed by international travel restrictions. Margins for middle…

Emerging markets investing guru Mark Mobius said he likes Indian stocks even though Covid-19 cases in the country have surged, as "this is going to pass."India's stock benchmark Nifty 50 has risen around 8.1% this year as of Tuesday's…

The company previously came under fire for reports of sky-high energy bills.March 16, 2021, 4:16 PM• 4 min readShare to FacebookShare to TwitterEmail this articleGriddy Energy has filed for Chapter 11 bankruptcy protection in the…

Texas, the fossil fuel centre of the US, was let down by its natural gas delivery system during last week’s energy crisis, according to the head of the country’s top independent power producer.The critical comments from…