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The Russian state has raised £ 20 billion this year from its financial stake in the country’s gigantic gas supplier Gazprom, as energy prices and UK household bills hit critical levels. Russia, which has been accused of worsening the crisis by cutting gas exports despite frenzied global demand, owns half of the gas producer which …

A worker checks the pipes of a gas compressor station on the Yamal-Europe gas pipeline near Nesvizh, some 130 km southwest of Minsk, December 29, 2006. – Photo Reuters MOSCOW, January 1 – Flows along the Yamal-Europe pipeline that carries Russian gas westward to Europe remained reversed for a 12th day and increased today, but …

BERLIN (AP) – Germany on Friday shut down half of the six nuclear power plants it still has in operation, a year before the country draws the final curtain on its decades-long use of atomic energy. The decision to phase out nuclear and switch from fossil fuels to renewable energies was first taken by the …

KUALA LUMPUR, December 31 – Malaysia’s machinery and parts manufacturing sector remains strong and committed to providing quality products and excellent service despite disruptions in global trade, according to the Malaysia External Trade Development Corporation (Matrade). In a statement released today, the national trade promotion agency said the machinery industry has shifted from general manufacturing …

New Jersey, United States, – The latest report published by Verified Market Research shows that the Peer to peer (P2P) mobile money transfer market should experience a sustained pace in the years to come. Analysts looked at market drivers, restrictions, risks and openings in the global market. The Mobile Peer To Peer (P2P) Money Transfer …

MOSCOW (AP) – Russian President Vladimir Putin said on Wednesday that a new gas pipeline to Germany was completely filled with natural gas, noting that it could help quickly reduce soaring energy prices in Europe. The $ 11 billion Nord Stream 2 pipeline is currently awaiting approval from Germany and the European Union, and officials …

MADRID – Spain’s Prime Minister has ruled out any immediate national restrictions in response to the omicron variant of the coronavirus. Prime Minister Pedro Sánchez said official data shows that although omicron is spreading faster, it has generally caused milder symptoms and therefore put less pressure on Spanish hospitals than previous strains. He also cited …

NEW YORK – The Broadway cover of “The Music Man” was one of the city’s most popular tickets and it limped without co-star Sutton Foster. But now the show is closed until the New Year because Hugh Jackman has tested positive for the coronavirus. Jackman took to social media on Tuesday to announce he had …

Risk appetite remains strong at year-end, analysts say, despite the threat that the Omicron variant of the coronavirus will hamper a global economy already facing slowing growth. – Reuters photo BRUSSELS, December 28 – European stocks hit a five-week high today, encouraging Wall Street to hit record highs overnight, even as Omicron worries remained with …

On New Years Day, the biggest names on the ATP Tour from 16 different countries will gather in Australia for the third edition of the ATP Cup. 16 of the top 20 players in the world will take part in the event from January 1-9. This includes defending US Open champion and world No.2 Daniil …