MOSCOW (Reuters) – Russia’s economy shrank 3.7% year-on-year in the third quarter of 2022, revised data from the federal statistics…
Czech government approves energy price cap for large firms
PRAGUE (Reuters) -The Czech government approved on Wednesday a measure capping electricity and natural gas prices for large firms at…
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with…
Tesla to search for water in quest to expand German gigafactory
By Victoria Waldersee BERLIN (Reuters) – Tesla plans to drill for new water sources to supply an expansion of its…
New Danish government plans to boost labour force, overhaul welfare model
COPENHAGEN (Reuters) – Denmark’s new coalition government plans to cut tax to incentivise work, abolish a public holiday and reform…
Italy collects around 2.8 billion euros from 2022 energy windfall tax
By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall…
EM bulls outnumber bears for first time since July 2021 – HSBC survey
LONDON (Reuters) – A closely-followed HSBC survey has shown the share of investors upbeat on emerging market assets has doubled…
Redwood Materials joins electric vehicle, battery trek to South Carolina
By Paul Lienert (Reuters) – Redwood Materials is the latest company to set up shop in South Carolina’s growing community…
France reduced gas consumption by adjusted 10.5% y/y, grid operator says
PARIS (Reuters) – France from August until December reduced its overall gas consumption by 10.5% when adjusted for climate effects…
Italy wants euro zone bailout fund to be reviewed
ROME (Reuters) – The Italian parliament should have a proper and wide-ranging debate on reform of the euro zone bailout…