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Gas crisis set to worsen after Europe runs out of winter stocks

Gas crisis set to worsen after Europe runs out of winter stocks

European gas storage tanks about 90% full Gazprom resumes exports to Italy The Kremlin wants to participate in the investigation of the Nord Stream leaks EU divided over gas price cap proposals HELSINKI/BRUSSELS, Oct 5 (Reuters) – Europe could face an even more acute energy crisis next year after emptying its natural gas reservoirs to …

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Apple forced to change charger in Europe as EU approves redesign

Apple forced to change charger in Europe as EU approves redesign

The European Parliament approves the reform of the single charger The standard is USB-C, used in Android-based devices Common charging port required for new phones from fall 2024 Laptops will have to be compatible with a single charger from 2026 BRUSSELS, Oct 4 (Reuters) – Apple (AAPL.O) will have to change the charger for its …

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EU countries approve windfall energy profit levies, move towards gas price caps

EU countries approve windfall energy profit levies, move towards gas price caps

EU approves windfall energy profit levies Countries consider capping gasoline prices as next step States divided on how to contain exorbitant prices BRUSSELS, Sept 30 (Reuters) – European Union countries agreed on Friday to impose emergency levies on the windfall profits of energy companies and began talks on their next move to tackle the energy …

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Bank of England moves to calm bond market rout after tax cut storm

Bank of England moves to calm bond market rout after tax cut storm

BoE starts buying bonds, delays gilt sales IMF ‘does not recommend’ policies like UK growth plan Fin min Kwarteng and PM Truss criticized for their politics The British Pound is trading down 0.7% at $1.065 Kwarteng meets bank bosses again LONDON, Sept 28 (Reuters) – The Bank of England sought to quell the firestorm in …

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Central banks hike rates again as Fed leads global inflation fight

Central banks hike rates again as Fed leads global inflation fight

Rates were hiked from Britain to Indonesia after the Fed moved Investors expect bigger ECB hikes Japan steps in as yen plummets Emerging market currencies under pressure FRANKFURT/WASHINGTON, Sept 22 (Reuters) – Global central banks continued to raise interest rates on Thursday, following the U.S. Federal Reserve in an inflation fight that is sending shockwaves …

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Dollar hits two-decade high as Putin shakes up FX market ahead of Fed

Dollar hits two-decade high as Putin shakes up FX market ahead of Fed

Join now for FREE unlimited access to Reuters.com Register Dollar index hits two-decade high The euro drops to its lowest level in two decades Putin announces partial troop mobilization for Ukraine Markets assess Fed hawkishness in Powell briefing LONDON/NEW YORK, Sept 21 (Reuters) – The dollar hit a new two-decade high on Wednesday just ahead …

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Europe rushes to prepare for this winter's energy crisis

Europe rushes to prepare for this winter’s energy crisis

Spain could close energy-intensive industries during peak hours France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/LISBON, Sept 19 (Reuters) – Germany pushed for liquefied natural gas contracts with Gulf producers on Monday and other European states outlined measures to save …

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