Author: JobBroker

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Germany looking at repurposing unused Nord Stream 2 pipeline for LNG use -report

Germany looking at repurposing unused Nord Stream 2 pipeline for LNG use -report

The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the [...]
Oil up more than $1 but set for second weekly drop on recession fears

Oil up more than $1 but set for second weekly drop on recession fears

Oil rose by more than $1 a barrel on Friday supported by tight supply, although crude was heading for a second weekly fall on concern that rising inte [...]
Dollar Edges Lower as Investors Weigh Powell Testimony

Dollar Edges Lower as Investors Weigh Powell Testimony

The U.S. dollar slipped slightly on Friday, as investors remained cautious of the impact of tighter central bank policies around the world aimed at cu [...]
Powell Reloaded, German Gas Alarm, Jobless Claims – What’s Moving Markets

Powell Reloaded, German Gas Alarm, Jobless Claims – What’s Moving Markets

Federal Reserve Chair Jerome Powell heads to the House for a second day of Congressional testimony, as monetary tightening continues from the Philippi [...]
Ireland’s AIB fined record 97 million euros for mortgage overcharging

Ireland’s AIB fined record 97 million euros for mortgage overcharging

Ireland's AIB and its EBS subsidiary have been fined a record 96.7 million euros ($101.6 million) by the country's central bank for overcharging custo [...]
Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Germany triggered the "alarm stage" of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilit [...]
Atos Shares Jump on Report of French Backing for Potential Thales Merger

Atos Shares Jump on Report of French Backing for Potential Thales Merger

Shares in Atos SE (EPA:ATOS) jumped by more than 10% at one point on Thursday after a media report claimed the French government would back a merger b [...]
Biden administration leans on Tesla for guidance in renewable fuel policy reform

Biden administration leans on Tesla for guidance in renewable fuel policy reform

U.S. President Joe Biden rarely mentions electric car maker Tesla Inc in public. But privately his administration has leaned on the company to help cr [...]
Monte dei Paschi plans to raise 2.5 billion euros for latest turnaround plan

Monte dei Paschi plans to raise 2.5 billion euros for latest turnaround plan

Monte dei Paschi di Siena (MPS) said it would tap taxpayers and investors for 2.5 billion euros ($2.6 billion) in cash to fund its latest turnaround e [...]
Dollar Edges Higher, Rebounding After Powell-Inspired Losses

Dollar Edges Higher, Rebounding After Powell-Inspired Losses

The U.S. dollar edged higher in early European trade Thursday, stabilizing after earlier losses as growing recession worries resulted in Treasury yiel [...]
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