Spain, Portugal get EU approval to cut power prices MADRID: Spain and Portugal reached an agreement with the European Commission Tuesday to slash electricity prices on... Published 27 Apr, 2022 05:19am
World EU needs to recycle more to hit green energy goals PARIS: Europe must act fast to secure supplies of crucial metals required for a green energy transition and its best... Published 26 Apr, 2022 05:20am
World Turkish court jails Erdogan critic Kavala for life ISTANBUL: A Turkish court on Monday sentenced leading intellectual and rights campaigner Osman Kavala to life in... Published 26 Apr, 2022 05:20am
World EU, India agree to set up trade, technology council NEW DELHI/BRUSSELS: The European Union (EU) and India agreed on Monday to set up a trade and technology council to... Published 26 Apr, 2022 05:20am
World EU’s von der Leyen in India with Ukraine on agenda NEW DELHI: European Commission President Ursula von der Leyen will press India over its neutral stance on the ... Published 25 Apr, 2022 05:42am
Markets Britain allows payments to Gazprombank for EU gas imports until May 31 LONDON: Britain will allow payments to Gazprombank and its subsidiaries for gas going to European Union countries... Published 23 Apr, 2022 04:45am
Markets Oil edges higher on concerns over Russia, Libya supply disruption NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ... Published 22 Apr, 2022 05:36am
World French prosecutor studying EU anti-fraud agency report on Le Pen PARIS: French prosecutors said on Sunday they are examining a report by the European Union’s anti-fraud agency... Published 18 Apr, 2022 05:30am
Opinion EU embargo on Russian oil, gas will take ‘months’ The EU is working on broadening sanctions on Russia to include oil and gas embargoes but such measures would take... Published 16 Apr, 2022 04:10am
Markets Oil rises on news EU may phase in a ban on Russian oil imports HOUSTON: Oil prices rose on Thursday after an early decline as investors covered short positions ahead of the long... Published 15 Apr, 2022 05:29am
World EU to discuss sixth round of sanctions on Russia BRUSSELS: EU foreign ministers are on Monday to discuss a sixth round of sanctions on Moscow for its war in Ukraine... Published 11 Apr, 2022 06:02am
Markets Russia says coal earmarked for Europe can be redirected to other markets MOSCOW: Kremlin spokesperson Dmitry Peskov said on Friday that coal was in high demand, and that Russian coal... Published 09 Apr, 2022 04:39am
Markets EU Parliament passes symbolic vote to ban Russia energy imports STRASBOURG, (France): The European Parliament on Thursday passed a symbolic vote demanding a total ban on all ... Published 08 Apr, 2022 05:28am
Print Kremlin warns West: rouble-for-gas scheme is the ‘prototype’ LONDON: President Vladimir Putin’s rouble payment scheme for natural gas is the prototype that the world’s... Updated 04 Apr, 2022 09:36am
Markets EU raids Gazprom’s German offices in antitrust probe BRUSSELS: EU antitrust investigators raided the German offices of Gazprom, sources said on Thursday, on suspicion ... Published 01 Apr, 2022 05:41am
World EU to lend Tunisia 450m euros and pledges investment TUNIS: The European Union plans to lend Tunisia 450 million euros ($500 million) to support its budget and invest 4... Published 31 Mar, 2022 07:33am
World Belgium expels 21 Russians amid similar moves elsewhere in EU BRUSSELS: Belgium has expelled 21 Russian diplomats for alleged spying and posing threats to security, the foreign... Published 31 Mar, 2022 06:31am
Business & Finance ICE considers relocating London CDS clearing LONDON: The Intercontinental Exchange is considering shifting the clearing of contracts that underpin gobal debt... Published 31 Mar, 2022 05:11am
World Zelensky urges Norway to supply more energy to Ukraine, EU OSLO: Ukrainian President Volodymyr Zelensky on Wednesday urged Norway, the second-biggest supplier of gas to Europe... Published 30 Mar, 2022 07:02pm
World German health minister urges EU to clear 2nd booster for elderly BERLIN: Germany’s health minister urged the European Union on Tuesday to back a fourth COVID-19 shot for people... Published 30 Mar, 2022 07:27am
Markets Oil prices, stocks higher after EU snubs Russia ban NEW YORK: Crude prices were higher Friday and stock markets made decent gains after European countries decided... Published 28 Mar, 2022 05:29am
World US, EU agree new pact on data transfers, but lawsuits loom BRUSSELS: President Joe Biden on Friday said the US and EU had reached a new agreement on the transfer of personal... Published 26 Mar, 2022 04:13am
Print EU plans minimum gas storage as energy prices soar BRUSSELS: The EU on Wednesday proposed a law requiring natural gas storage be filled to a minimum 80 percent before... Updated 24 Mar, 2022 09:55am
Opinion Climate goals take second place as EU states cut petrol prices A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings... Published 23 Mar, 2022 04:58am
Markets EU countries support plan for world-first carbon border tariff BRUSSELS: European Union countries on Tuesday backed the bloc’s plan to impose a world-first carbon dioxide... Published 16 Mar, 2022 05:40am
Business & Finance Global carmakers raided by EU and UK antitrust regulators BRUSSELS: EU antitrust regulators on Tuesday raided several automotive companies and associations in several... Published 16 Mar, 2022 05:40am
Editorials Country needs an ‘energy emergency’ EDITORIAL: The US-led West is placing sanctions on Russia. These have global repercussions in terms of energy ... Published 14 Mar, 2022 07:01am
Editorials A price one has to pay? EDITORIAL: Abdicating diplomatic norms last week, 23 Islamabad-based envoys mainly from the European Union, issued a... Published 09 Mar, 2022 06:44am
Markets Energy conference kicks off as Ukraine conflict leaves oil market in turmoil The world's biggest gathering of energy industry leaders kicks off in Houston Monday, as Russia's invasion of ... Published 07 Mar, 2022 01:39pm
World Putin tells Ukraine to stop fighting LVIV/KYIV, (Ukraine): Russian President Vladimir Putin said on Sunday his campaign in Ukraine was going according to... Published 07 Mar, 2022 06:07am