Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow poised to confirm bear market MSCI All-World index hits 2-year low Dollar reaches new two-decade high Sterling and gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – US and European stocks tumbled on Friday, the dollar scaled a 22-year high and bonds sold off again as fears grew that a central … Read more

Ban on gas fracking in England lifted in push for energy independence

Register now for FREE unlimited access to Reuters.com Register Britain pushing to increase domestic energy supply Moratorium has been in place since 2019 More research needed to assess the risk of tremors BGS survey says challenges remain on predicting impact LONDON, Sept 22 (Reuters) – Britain on Thursday formally lifted a moratorium on fracking for … Read more

Russia cuts gas flows further as Europe makes savings plea

Pipes at the landfall facilities of the Nord Stream 1 gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Reuters.com Register BERLIN/FRANKFURT, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and … Read more

Europe agrees to compromise gas curbs as Russia squeezes supply

Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register EU ministers agree to emergency gas use cuts Voluntary cuts would become binding in emergency supply Final deal exempts numerous countries, industries EU racing to save gas as Russia slashes supply BRUSSELS, … Read more

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Gazprom says turbine halt will further cut gas to Germany United Nations hopes for grain exports in days US exploring overland routes after Russian strike KYIV, July 26 (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have supported Ukraine, just as there were hopes … Read more

Russia’s Gazprom tightens squeeze on gas flow to Europe

A view shows pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline in Lubmin, Germany, July 21, 2022. REUTERS/Annegret Hilse/File Photo Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 25 (Reuters) – … Read more

EU tells members to cut gas usage amid new Putin warning

Nord Stream 1 pipeline out of action for maintenance Pipeline due to resume pumping on Thursday EU says states must act now to reduce gas consumption Germany, others have rationing and other plans in place BRUSSELS / LONDON, July 20 (Reuters) – The European Union told members states on Wednesday to cut gas usage by … Read more

How Netflix plans to find its inner ‘Star Wars’

LOS ANGELES, July 18 (Reuters) – Netflix (NFLX.O) broke Hollywood’s rules to create a $ 82 billion global streaming colossus that the rest of the entertainment industry rushed to copy. But as growth slows, it is looking backwards for a way forward, borrowing a page from Walt Disney’s (DIS.N) playbook. The company that changed the … Read more

EXCLUSIVE Britain and Japan aim to merge Tempest and FX fighter programs-sources

TOKYO / LONDON, July 14 (Reuters) – Britain and Japan are close to an agreement to merge their next-generation Tempest and FX fighter jet programs, with the two countries aiming for a deal on a new joint project by year-end, three sources told Reuters. It would be the first time Japan has sought a non-US … Read more

Explainer: What happens if Germany’s Russian gas flows stop

FRANKFURT, July 11 (Reuters) – Germany, the world’s fourth-largest economy, is preparing for all scenarios including a complete stop to Russian gas supplies once a regular 10-day maintenance period on the giant Nord Stream 1 pipeline ends. Maintenance on the pipeline, which carries Russian gas directly into Germany, began on July 11 but Berlin is … Read more