Page 49 - Europe

No Stream: EU gas markets brace for price surge after latest Russia gas cut

Europe has accused Russia of weaponising energy supplies in what Moscow has called an 'economic war' with the West over the fallout from the Ukraine conflict

Liz Truss vows tax cuts after winning vote to become next British PM

Truss beats ex-finance minister Sunak to be new PM; Boris Johnson to formally step down on Tuesday; new leader faces cost of living, energy price crisis

Russia blames Europe for gas crisis, warns West of oil retaliation

Europe to blame for Nord Stream 1 shutdown, says Kermlin and warns of retaliation over G7 oil price cap; European gas prices rocket 30%, shares fall

Tens of thousands rally in Prague to demand action on surging energy prices

Tens of thousands took to the streets of the Czech capital to protest the government's inaction as the deepening energy crisis continues to batter the central European economy

Gazprom postpones reopening of key gas pipeline Nord Stream to Europe

It's a massive blow to Europe, which is scrambling to cut its dependency on Russian gas before winter and has been waiting for Moscow's next steps in the energy war

European health body on alert over new Covid-19 variants, says official

The official cited the situation in India as an example, where the Omicron subvariant BA2.75 is spreading faster than other variants, Xinhua news agency reported

UP Inc forges tie-ups in Africa, Europe to achieve $1 trn economy target

The 13 thriving business clusters in Denmark are seen having a good potential for joint ventures, import and export, especially for the MSME sector

What is Nord Stream 1 pipeline, and why is it critical for Europe?

Nord Stream 1 is the biggest pipeline transporting cheap natural gas between Russia and Europe via Germany

Russia temporarily stops gas flow to Europe through Nord Stream 1

Russia's Gazprom stopped the flow of natural gas through a major pipeline from Russia to Europe early Wednesday, a temporary move to it announced in advance. The Russian state-controlled energy giant said earlier this month that it would the cut the flow of gas through the Nord Stream 1 pipeline until Saturday for what it says is a three-day pause for routine maintenance at a compressor station. According to Gazprom, the only remaining turbine, which is located at the Portovaya compressor station, needs maintenance. The head of Germany's Federal Network Agency, Klaus Mueller, has said that the maintenance work is technically incomprehensible and he considers it a way of punishing Germany for siding with Ukraine since the Russian invasion. Gazprom has repeatedly reduced the flow of gas through Nord Stream 1 claiming technical issues such as equipment repairs. Germany calls these cuts a political move to sow uncertainty and push up prices amid the war in Ukraine. Russia has also redu

France plans pipeline from Spain to central Europe for new energy sources

France is looking into building a pipeline from the Iberian peninsula to the south of the country in a bid to open up new energy sources in the absence of natural gas from Russia

Monkeypox can be eliminated in Europe, says WHO as case count slows

There are encouraging signs of a sustained week-on-week decline in the onset of cases in many European countries, including France, Germany, and Britain, as well as a slowdown in some parts of the US

Microsoft outlines changes in European cloud-licence terms after complaints

The changes will make it simpler for customers of rival cloud-service companies in Europe to move their existing software to these other networks, Microsoft said

Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis

Russia's squeeze on gas shipments in the wake of Moscow's invasion of Ukraine is hurting industries across Europe

No hot showers, street lights; here's how Europe is slashing energy use

As the Kremlin slashes gas deliveries and power-plant outages intensify a supply squeeze, Europe has little alternative but to curtail demand

How China plans to spend $1 trn on infrastructure to boost economy

To help boost the economy, Beijing is targeting investments in new energy projects, high-speed rail and water tunnels

OPPO 'committed' to Europe after stopping smartphone sales in Germany

OPPO said it is keep on serving its existing customers in Germany

Gulf won't significantly cut down oil exports to India to satisfy Europe

Gulf oil exporters will most likely not cut crude supplies to India significantly next year in a bid to satisfy growing demand from Europe

Six months of Putin's war in Ukraine unravels Russia's superpower image

Six months into President Vladimir Putin's invasion of Ukraine, the war has upended fundamental assumptions about Russia's military and economy

Russia may step up exports of fuels to Asia as EU sanctions tighten

Moscow's invasion of Ukraine has caused turmoil across energy markets this year, and that disruption is set to extend into 2023

Almost half of Europe facing its worst drought for 500 years: Study

Much of Europe has faced weeks of baking temperatures this summer, which worsened the drought, caused wildfires, set off health warnings, and prompted calls for more action to tackle climate change