‘Deal’: EU green lights first-ever cap for gas prices in bid to tackle energy crisis

After months of political bickering that has seen a dizzying succession of draft proposals, joint letters, emergency meetings and increasingly exasperated statements, the European Union on Monday approved the first-ever cap on gas prices. EU ministers hammered out a deal on … Read More

Europe’s energy crisis sends shockwaves through Germany’s industrial heart

KELHEIM, Germany (Reuters) – Germany’s Mittelstand, the small and mid-sized companies that power Europe’s largest economy, was already battling its biggest crisis in a decade trying to absorb rocketing energy bills. Then the government warned it might have to turn … Read More