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Oil slides more than $3 on inflation and Iraq exports

Oil slides more than $3 on inflation and Iraq exports

By Rowena Edwards LONDON (Reuters) -Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening o..

Analysis-France braces for uncertain winter as nuclear power shortage looms

Analysis-France braces for uncertain winter as nuclear power shortage looms

By Forrest Crellin, Silvia Aloisi and Nina Chestney PARIS (Reuters) – France, once Europe’s top power exporter, may not pr..

Shares and bonds stabilise on pause in bad news

Shares and bonds stabilise on pause in bad news

By Lawrence White LONDON (Reuters) – Shares tiptoed higher and Eurozone bond yields fell on Tuesday as investors took a breather..

ECB bets boost euro, dollar slips from 20 year peak

ECB bets boost euro, dollar slips from 20 year peak

By Alun John HONG KONG (Reuters) – The euro climbed past parity against a softening dollar on Tuesday, thanks to lower energy pr..

Vienna power firm denies speculating in futures as it seeks state loan

Vienna power firm denies speculating in futures as it seeks state loan

VIENNA (Reuters) – Vienna’s main power company, which has asked the federal government for billions of euros in credit to ..

Near 50-year high German inflation strengthens case for larger ECB rate rise

Near 50-year high German inflation strengthens case for larger ECB rate rise

BERLIN (Reuters) -German inflation rose to its highest level in almost 50 years in August, beating a high set only three months earlie..

Explainer-Why Russia drives European and British gas prices

Explainer-Why Russia drives European and British gas prices

By Susanna Twidale LONDON (Reuters) – The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo mainten..

Carrefour CEO says inflation crisis turning consumers into penny-pinchers

Carrefour CEO says inflation crisis turning consumers into penny-pinchers

PARIS (Reuters) – Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money..

ECB must swiftly normalise rates; neutral may not be enough, Knot says

ECB must swiftly normalise rates; neutral may not be enough, Knot says

(Reuters) -The European Central Bank must swiftly normalise interest rates as inflation could still go higher and lifting rates to the..

Exclusive-Iraqi Kurdistan’s oil output could halve without investment – documents

Exclusive-Iraqi Kurdistan’s oil output could halve without investment – documents

By Amina Ismail and Maha El Dahan ERBIL (Reuters) – Oil production in the Iraqi region of Kurdistan could almost halve by 2027 i..