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German energy giant RWE to burn extra coal as Russian gas supplies dwindle
An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be…
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World
Goldman Sachs doesn’t see nuclear as a transformational technology for the future
A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear’s role in Europe’s biggest economy have…
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Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking…
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World
Draghi’s political downfall: How power imploded in Italy and what happens next
The government of Mario Draghi came to an end earlier than what many analysts expected. Anadolu Agency | Anadolu Agency…
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Euro zone economy grows 0.7% in the second quarter despite gas crisis and inflation surge
Growth in the euro zone economy accelerated in the second quarter of the year, but the region’s prospects could be…
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Italian PM Mario Draghi to resign after failing to revive his coalition government
Italy’s Prime Minister Mario Draghi Mondadori Portfolio | Mondadori Portfolio | Getty Images Italy’s Prime Minister Mario Draghi is expected…
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EU to ask countries to reduce energy usage as Putin tightens grip on gas supplies
The European Commission is putting forward new measures so member states are better prepared for the winter, when their energy…
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Italy could be headed for a troubling snap election. And bond markets are on high alert
Italian Prime Minister Mario Draghi Antonio Masiello | Getty Images News | Getty Images Italy’s Mario Draghi on Wednesday is…
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Russia nears gas shutdown in Europe as Germany rejects claims it can’t fulfil contracts
Russia’s energy giant Gazprom has said it cannot fulfil its gas contracts with Europe. Bloomberg | Bloomberg | Getty Images…
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EU hikes inflation forecast to 8.3% for 2022 as Russia-Ukraine war drives soaring prices
The European economy is not seen entering a recession this year, according to the European Commission, but some economists have…
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